NOT LISTED FOR SALE

908 E Lake St Petoskey, MI 49770

Estimated Value: $1,059,000 - $1,277,000

4 Beds
3 Baths
2,782 Sq Ft
$414/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $725,000 $261 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,890/month

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Living Room
  • First Floor Utility Room
  • Thermal Windows
  • Dining Room

About This Home

As of March 2021

Unique opportunity to purchase this classic Petoskey Victorian that remains architecturally true to the character of a bygone era while affording all of the comforts of a new construction home more often found outside the city. Located in the higher valued Upper East Side of Petoskey this 4 bedroom 3 bath beauty has been comprehensively retooled with a modern floor plan including a fabulous gourmand kitchen, casual & formal living areas, second floor laundry & updated baths. The garage is enormous and the location could not be any better.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 01/20/2021

Last Buyer's Agent

Jane Fisher

Gaslight Group Properties License #6501333848

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,377

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 75 x 113

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,782 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-52-19-05-126-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,377

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1900
  • Lvt Date: 03/03/2021
  • Measurement Source: Appraiser
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Features: Cable, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 2782
  • Master Bedroom: Dimensions: 17.2 x 13.2, On Level: Upper
  • Bedroom 2: Dimensions: 13 x 10, On Level: Upper
  • Bedroom 3: Dimensions: 14.7 x 10.2, On Level: Upper
  • Bedroom 4: Dimensions: 14 x 12, On Level: Upper
  • Total Rooms: 10
  • Basement: Full
  • Dining Room: Dimensions: 12.5 x 24.9, On Level: Main
  • Kitchen: Dimensions: 25.8 x 12.5, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 13.7 x 14, On Level: Main
  • Above Grade Finished Sq Ft: 2782
  • Bathroom 1: Dimensions: 10.1 x 5, On Level: Main
  • Bathroom 2: Dimensions: 10 x 7.3, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 75 x 113
  • Lot: Y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 24-52-19-05-126-052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Feb 24, 2021
Sold by
Jacoby Kristyn Brooke Mccrone
Bought by
908 Mitten Tip Llc
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Jane Fisher
Gaslight Group Properties
List Price
$749,900
Sold Price
$725,000
Premium/Discount to List
-$24,900
-3.32%
Current Estimated Value
$1,152,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,266
Avg. Annual Appreciation
4.19%

Purchase Details

Listed on
Apr 13, 2018
Closed on
Aug 27, 2018
Sold by
Hayes Suzanne L
Bought by
Jacoby Kristyn B and Mccrone Luke M
Seller's Agent
Brad Rellinger
Harbor Sothebys International Realty
Buyer's Agent
Wally Kidd
Kidd & Leavy Real Estate Co. LLC
List Price
$579,000
Sold Price
$555,000
Premium/Discount to List
-$24,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.23%

Purchase Details

Listed on
Jul 16, 2016
Closed on
Nov 7, 2016
Sold by
Mason Thomas M and Mason Deborah A
Bought by
Hayes Suzanne L
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
John Carr
Coldwell Banker Schmidt- Harbor Springs
List Price
$519,900
Sold Price
$481,250
Premium/Discount to List
-$38,650
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$130,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 19, 2007
Sold by
Mclravy Ii R Charles and Smith Christi L
Bought by
Mason Thomas M and Mason Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,850
Interest Rate
6.27%

Purchase Details

Closed on
Feb 9, 2006
Sold by
Palka Josephine
Bought by
Smith Ii Mclravy R and Smith Christ

Purchase Details

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

Range of Values:

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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
908 Mitten Tip Llc -- --
Jacoby Kristyn B $555,000 --
Hayes Suzanne L $481,250 None Available
Mason Thomas M $334,850 --
Smith Ii Mclravy R $186,000 --
Palka Josephine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Suzanne L $130,000
Previous Owner Hayes Suzanne L $227,203
Previous Owner Mason Thomas M $267,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $725,000 -3.3% $261 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $749,900 +35.1% $270 / Sq Ft
08/27/2018 08/27/18 Sold $555,000 -4.1% $171 / Sq Ft
04/13/2018 04/13/18 For Sale $579,000 +20.3% $178 / Sq Ft
11/07/2016 11/07/16 Sold $481,250 -7.4% $155 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
07/16/2016 07/16/16 For Sale $519,900 -- $167 / Sq Ft
Source: Northern Michigan MLS

Tax History Compared to Growth

Source: Public Records

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 $21,377 $507,200 $507,200 $0
2024 $21,377 $475,200 $475,200 $0
2023 $19,464 $418,100 $418,100 $0
2022 $19,464 $368,100 $368,100 $0
2021 $9,851 $348,700 $348,700 $0
2020 $9,959 $285,200 $285,200 $0
2019 -- $271,900 $271,900 $0
2018 -- $273,900 $273,900 $0
2017 -- $245,000 $245,000 $0
2016 -- $282,500 $282,500 $0
2015 -- $256,100 $0 $0
2014 -- $257,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael MacCarthy

    Seller's Agent in 2021

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    64 in this area

    188 Total Sales

    Michael MacCarthy
    Section Image
  • Jane Fisher

    Buyer's Agent in 2021

    Jane Fisher

    Gaslight Group Properties

    (231) 409-8060

    54 in this area

    163 Total Sales

    Jane Fisher
    Section Image
  • Brad Rellinger

    Seller's Agent in 2018

    Brad Rellinger

    Harbor Sothebys International Realty

    (231) 838-6055

    64 in this area

    98 Total Sales

    Brad Rellinger
    Section Image
  • Wally Kidd

    Buyer's Agent in 2018

    Wally Kidd

    Kidd & Leavy Real Estate Co. LLC

    (231) 838-2700

    49 in this area

    172 Total Sales

    Wally Kidd
    Section Image
  • John Carr

    Buyer's Agent in 2016

    John Carr

    Coldwell Banker Schmidt- Harbor Springs

    (231) 526-4000

    2 in this area

    43 Total Sales

    John Carr
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 464390

Northern Michigan MLS

APN: 52-19-05-126-052

Michigan Emmet County Petoskey 49770

908 E Lake St, Petoskey, MI

This home is located at 908 E Lake St, Petoskey, MI 49770 since 20 January 2021 and is currently estimated at $1,152,266, approximately $414 per square foot. This property was built in 1900. 908 E Lake St is a home located in Emmet County with nearby schools including Petoskey High School, Petoskey Montessori Children's, and St. Francis Xavier School.

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.

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