NOT LISTED FOR SALE

901 Emmet St Petoskey, MI 49770

Estimated Value: $394,000 - $433,000

4 Beds
3 Baths
1,973 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 27, 2022

Last sale price $319,000 $162 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,845/month

5 Days on Market

Highlights

  • Water Views
  • Forced Air Heating System
  • 3-minute walk to Bear River Park
  • Wood Flooring
  • Ceiling Fan

About This Home

As of December 2022

Located on a corner lot just a few blocks from downtown Petoskey, this four bedroom two and a half bath property is divided into an upper and lower unit. The lower unit features 3 bedrooms and one and a half baths and hardwood floors, tall ceilings, detailed wainscotting, built-ins, and crown moulding, and access to the basement and laundry; appx 1100sf. The upper unit has one bedroom and one bath, wood and carpet, seasonal views of the bay, and appx 600sf. Both are offered partially furnished, and both offer seasonal/limited views of the bay, and shared use of a front porch and shed in back. Excellent proximity to town. This is zoned B-2B, so short term rentals are allowed. Current tenants have long term leases. Showings are currently limited to Wednesday and Thursday evenings and Sundays. No showings before Sunday 12/11. Seller is a licensed broker in State of Michigan.

Last Agent to Sell the Property

Dave Carlson

Kidd & Leavy Real Estate Co. LLC Listed on: 12/06/2022

Last Buyer's Agent

Jane Fisher

Gaslight Group Properties License #6501333848

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 60 x 78

Home Design

  • Duplex
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,973 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-402-076

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Duplex
  • Lvt Date: 12/06/2022
  • Section: 6
  • S E V Yr: 108,700
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Range, Refrigerator, Washer, Wood Floors
  • Basement: Partial, Crawl, Michigan
  • Total Sq Ft: 1973
  • Above Grade Finished Sq Ft: 1973

Exterior Features

  • Construction: Wood Frame
  • Lake: Michigan
  • Roof: Asphalt Shingles
  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Number Electric Meters: 1
  • Number Gas Meters: 1

Lot Info

  • Estimated Lot Dimensions: 60 x 78
  • Estimated Number of Acres: 0.11
  • Zoning: COP: B-2B

Tax Info

  • Assessor Parcel Number: 52-19-06-402-076

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
Carlson Debra-Lin Denton
Bought by
Carlson David
Current Estimated Value
$434,396

Purchase Details

Listed on
Jul 2, 2020
Closed on
Jan 14, 2021
Sold by
Cameron Elizabeth Joan Stoner
Bought by
Carlson David and Carlson Debra Lin
Seller's Agent
Abby Badgley
Gaslight Group Properties
Buyer's Agent
Dave Carlson
Kidd & Leavy Real Estate Co. LLC
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%
Original Mortgage
$195,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2014
Sold by
Cameron Elizabeth J and Cameron Jacob
Bought by
Stoner Cameron Elizabeth Joan

Purchase Details

Closed on
Apr 30, 2012
Sold by
Calnen Matthew J and Calnen Nancy J
Bought by
Cameron Jacob and Stoner Cameron Elizabeth J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carlson David -- --
Carlson David $260,000 --
Stoner Cameron Elizabeth Joan -- --
Cameron Jacob $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carlson David $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2022 12/27/22 Sold $319,000 -6.1% $162 / Sq Ft
12/06/2022 12/06/22 For Sale $339,900 +30.7% $172 / Sq Ft
01/15/2021 01/15/21 Sold $260,000 -5.5% $132 / Sq Ft View Prior Sale
09/23/2020 09/23/20 Price Changed $275,000 -1.4% $139 / Sq Ft
07/02/2020 07/02/20 For Sale $279,000 -- $141 / Sq Ft
Source: Northern Michigan MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,476 $165,300 $165,300 $0
2024 $62 $145,900 $145,900 $0
2023 $5,748 $117,100 $117,100 $0
2022 $5,748 $108,700 $108,700 $0
2021 $3,042 $102,500 $102,500 $0
2020 $3,050 $83,200 $83,200 $0
2019 -- $81,400 $81,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Carlson

    Seller's Agent in 2022

    Dave Carlson

    Kidd & Leavy Real Estate Co. LLC

    (231) 342-3317

    13 in this area

    57 Total Sales

    Dave Carlson
    Section Image
  • Jane Fisher

    Buyer's Agent in 2022

    Jane Fisher

    Gaslight Group Properties

    (231) 409-8060

    52 in this area

    154 Total Sales

    Jane Fisher
    Section Image

  • A

    Seller's Agent in 2021

    Abby Badgley

    Gaslight Group Properties

    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 470089

Northern Michigan MLS

APN: 52-19-06-402-076

Michigan Emmet County Petoskey 49770

901 Emmet St, Petoskey, MI

Not Listed for Sale

MultiFamily

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