NOT LISTED FOR SALE

909 E Lake St Petoskey, MI 49770

Estimated Value: $468,000 - $624,000

4 Beds
2 Baths
1,946 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $230,000 $118 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,351/month

8 Days on Market

Highlights

  • Wood Burning Stove
  • Thermal Windows
  • Shed
  • First Floor Utility Room
  • Living Room
  • Dining Room

About This Home

As of August 2020

Remember the three basic rules of real estate....This home is located on upper Lake Street in Petoskey, a most desireable location for walking to downtown restaurants and shops, as well as many schools and churches. Also close to the Winter Sports Park and in a comfortable neighborhood setting, it is family friendly at every turn. Great bones but needing a little TLC, this house is waiting for a new family to make it all theirs. Lots of room and ready and a great new price make it the perfect place for so many. Imagine the possibilities! Start today and be ready for the new school year in the Fall.

Last Agent to Sell the Property

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 06/18/2020

Last Buyer's Agent

Kendie Jacobs

Kidd & Leavy Real Estate Co. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,264

Lot Details

  • 5,576

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,946 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Thermal Windows
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-126-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,264

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/18/2020
  • Section: 5
  • Second Address Number: 909
  • Directions: Downtown Petoskey to 909 E Lake
  • Price per Sq Ft: 118.19
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fans, Dishwasher, Dryer, Range, Refrigerator, Washer, Wood Stove, Paved Road
  • Total Finished Sq Ft: 1946
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 9
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1946
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Vinyl

Exterior Features

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

Utilities

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

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 52-19-05-126-038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Aug 4, 2020
Sold by
Wodek Mike J
Bought by
Rife Emma Yasuko
Seller's Agent
Jane Fisher
Gaslight Group Properties
Buyer's Agent
Kendie Jacobs
Kidd & Leavy Real Estate Co. LLC
List Price
$245,000
Sold Price
$230,000
Premium/Discount to List
-$15,000
-6.12%
Current Estimated Value
$549,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,348
Avg. Annual Appreciation
18.34%
Original Mortgage
$218,500
Outstanding Balance
$193,825
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$355,523

Purchase Details

Closed on
Aug 29, 2016
Sold by
Mcphilamy Michael S and Mcphilamy Gayle M
Bought by
Michael S Mcphilamy S and Michael Gayle M Mcphilam
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
Rife Emma Yasuko -- --
Michael S Mcphilamy S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rife Emma Yasuko $218,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $230,000 -6.1% $118 / Sq Ft
06/18/2020 06/18/20 For Sale $245,000 -- $126 / 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 $5,264 $201,300 $201,300 $0
2024 $5,264 $185,600 $185,600 $0
2023 $4,828 $165,200 $165,200 $0
2022 $4,828 $142,300 $142,300 $0
2021 $4,698 $134,000 $134,000 $0
2020 $2,017 $111,600 $111,600 $0
2019 -- $100,300 $100,300 $0
2018 -- $101,000 $101,000 $0
2017 -- $100,200 $100,200 $0
2016 -- $101,300 $101,300 $0
2015 -- $92,300 $0 $0
2014 -- $92,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane Fisher

    Seller's Agent in 2020

    Jane Fisher

    Gaslight Group Properties

    (231) 409-8060

    54 in this area

    163 Total Sales

    Jane Fisher
    Section Image
  • Kendie Jacobs

    Buyer's Agent in 2020

    Kendie Jacobs

    Kidd & Leavy Real Estate Co. LLC

    (231) 489-5453

    11 in this area

    67 Total Sales

    Kendie Jacobs
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 462226

Northern Michigan MLS

APN: 52-19-05-126-038

Michigan Emmet County Petoskey 49770

909 E Lake St, Petoskey, MI

This home is located at 909 E Lake St, Petoskey, MI 49770 since 18 June 2020 and is currently estimated at $549,348, approximately $282 per square foot. 909 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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