NOT LISTED FOR SALE

905 E Lake St Petoskey, MI 49770

Petoskey Area

Estimated Value: $401,240

Studio
-- Baths
1,250 Sq Ft
$321/Sq Ft Est. Value

Sale Details

Date Sold: June 13, 2014

Last sale price $144,000 $115 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,583 / mo

1 Day on Market

About This Home

As of June 2014

Great Location surrounded by fine home near the Gaslight District of Petoskey.

Last Agent to Sell the Property

Pete Platte

Gaslight Group Properties Listed on: 05/14/2014

Last Buyer's Agent

Kevin VarnHagen

Gaslight Group Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,578

Home Design

  • 1,250 Sq Ft Home
  • Duplex

Community Details

  • 2 Units
  • 1 Separate Electric Meter

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-126-042

Property Details

Home Type

Multi-Family

Lot Details

6,578 Sq Ft Lot

Listing Details

  • Class: MULTI-FAMILY
  • Type: Multifamily
  • Type 2: Duplex
  • Measurement Source: Owner
  • Section: 5
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Sq Ft: 1250
  • Above Grade Finished Sq Ft: 1250

Exterior Features

  • Waterfront Water Access: Neither

Utilities

  • Number Electric Meters: one

Lot Info

  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 52-19-05-126-042

Multi Family

  • Number Of Units: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 13, 2014
Sold by
Palka John M and Palka Mary
Bought by
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Kevin VarnHagen
Gaslight Group Properties
List Price
$144,000
Sold Price
$144,000
Current Estimated Value
$401,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,240
Avg. Annual Appreciation
8.70%
Original Mortgage
$90,000
Outstanding Balance
$66,419
Interest Rate
4.2%
Mortgage Type
Stand Alone First
Estimated Equity
$334,821

Purchase Details

Closed on
Jan 31, 2006
Sold by
Palka Josephine
Bought by
Palka John M Jahnke Helen M Behan

Purchase Details

Closed on
Jan 30, 2006
Sold by
Palka Matt and Palka Josephine
Bought by
Palka Josephine
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Petoskey, MI

  • Brad Rellinger Real Estate Agent - Harbor Sothebys International Realty

    Brad Rellinger

    Harbor Sothebys International Realty

    (231) 535-9754

    88 Total Sales

    57 in Petoskey

    $1 - $2.8M Price Range

    Brad Rellinger
     Section Image
  • Shelly Novotny Real Estate Agent - Real Estate One - Charlevoix

    Shelly Novotny

    Real Estate One - Charlevoix

    (231) 244-6564

    61 Total Sales

    2 in Petoskey

    $401K - $520K Price Range

    Shelly Novotny
     Section Image
  • Christina Roberts Real Estate Agent - Keller Williams - Northern Michigan

    Christina Roberts

    Keller Williams - Northern Michigan

    (231) 244-2315

    135 Total Sales

    5 in Petoskey

    $400K - $505K Price Range

    Christina Roberts
     Section Image
  • Kristin Rashid Real Estate Agent - Real Estate One-Milford

    Kristin Rashid

    Real Estate One-Milford

    (810) 644-1220

    76 Total Sales

    2 in Petoskey

    $412,000 Price Range

    Kristin Rashid
     Section Image
  • Kristin Clark Real Estate Agent - Gaslight Group Properties

    Kristin Clark

    Gaslight Group Properties

    (517) 246-0934

    33 Total Sales

    5 in Petoskey

    $430K - $1.2M Price Range

    Kristin Clark
     Section Image
  • Sarah Jones Real Estate Agent - Key Realty One

    Sarah Jones

    Key Realty One

    (760) 253-8063

    93 Total Sales

    2 in Petoskey

    $15K - $108K Price Range

    Sarah Jones
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$144,000 Attorneys Title Agency Llc
Palka John M Jahnke Helen M Behan -- --
Palka Josephine -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $90,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/13/2014 06/13/14 Sold $144,000 0.0% $115 / Sq Ft
05/15/2014 05/15/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $144,000 -- $115 / Sq Ft
Source: Northern Michigan MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,810 $171,000 $171,000 $0
2025 $3,810 $134,400 $134,400 $0
2024 $36 $120,400 $120,400 $0
2023 $3,469 $111,300 $111,300 $0
2022 $3,469 $92,100 $92,100 $0
2021 $3,370 $76,200 $76,200 $0
2020 $3,379 $66,000 $66,000 $0
2019 -- $63,400 $63,400 $0
2018 -- $65,000 $65,000 $0
2017 -- $62,000 $62,000 $0
2016 -- $62,600 $62,600 $0
2015 -- $58,100 $0 $0
2014 -- $58,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pete Platte Real Estate Agent - Gaslight Group Properties

    Seller's Agent in 2014

    Pete Platte

    Gaslight Group Properties

    (231) 838-0935

    107 Total Sales

    Pete Platte
    Section Image

  • KV

    Buyer's Agent in 2014

    Kevin VarnHagen

    Gaslight Group Properties

See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 441078

Northern Michigan MLS

APN: 52-19-05-126-042

Michigan Emmet County Petoskey 49770

905 E Lake St, Petoskey, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.