NOT LISTED FOR SALE

909 State St Petoskey, MI 49770

Estimated Value: $475,126 - $743,000

5 Beds
3 Baths
2,200 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $602,000 $274 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,720/month

4 Days on Market

Highlights

  • Guest House
  • Wood Flooring
  • Living Room
  • Deck
  • First Floor Utility Room
  • Forced Air Heating System

About This Home

As of July 2022

This classic craftsman-style home has been tastefully updated and is ideally located just a short walk from downtown Petoskey, schools and restaurants. Featuring 5 bedrooms and 3 full bathrooms + a 1 bedroom / 1 bathroom guest house, this home offers plenty of space and character. Wood floors, high ceilings, beautiful trim, and an updated kitchen are just a few of the features to admire. You’ll love the covered porch (with heated flooring!) - perfect for morning and evening down time. The guest house offers a multitude of options (studio / office, overflow for guests, in-law suite, etc) and could generate substantial cash flow as a rental. Come take a look for yourself - perhaps your search is over.

Last Listed By

Cam Braddock

Gaslight Group Properties Listed on: 05/12/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,465

Lot Details

  • 7,492

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Michigan Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-100-076

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,465

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/12/2022
  • Measurement Source: Assessor
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Deck, Dishwasher, Dryer, Gas Fireplace, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 2200
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 12
  • Basement: Michigan
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2200
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Petoskey

Lot Info

  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 52-19-05-100-076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 1, 2022
Sold by
Powell John and Powell Mallory
Bought by
Zamora Pedro and Morel Lucy
Seller's Agent
Cam Braddock
Gaslight Group Properties
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$549,000
Sold Price
$602,000
Premium/Discount to List
$53,000
9.65%
Total Days on Market
4
Current Estimated Value
$586,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,968
Avg. Annual Appreciation
-0.85%
Original Mortgage
$599,000
Outstanding Balance
$576,163
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$11,227

Purchase Details

Listed on
Jul 5, 2021
Closed on
Aug 5, 2021
Sold by
Casad Trevor
Bought by
Powell John and Powell Mallory
Seller's Agent
Dave Carlson
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Cam Braddock
Gaslight Group Properties
List Price
$439,000
Sold Price
$452,500
Premium/Discount to List
$13,500
3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.85%

Purchase Details

Listed on
Feb 12, 2018
Closed on
May 10, 2018
Sold by
Feys Charles P and Feys Laura S
Bought by
Casad Trevor and Casad Katherine
Seller's Agent
Carol Fay
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Elton Laura
Keller Williams Northern Michigan Horizon
List Price
$329,000
Sold Price
$321,000
Premium/Discount to List
-$8,000
-2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$256,800
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2004
Bought by
Primo Dario M and Primo Kelly E

Purchase Details

Closed on
Sep 15, 1998
Sold by
Seldon William G and Seldon Donna K
Bought by
Wagner Richard F F and Wagner Barbara J

Purchase Details

Closed on
Dec 1, 1984
Bought by
Seldon

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
Zamora Pedro -- Jnorth Title Agency Llc
Powell John -- --
Casad Trevor $321,000 --
Primo Dario M $235,000 --
Wagner Richard F F $90,000 --
Seldon $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamora Pedro $599,000
Previous Owner Casad Trevor $258,785
Previous Owner Casad Trevor $256,800
Previous Owner Feys Charles P $244,000
Previous Owner Primo Dario M $94,500
Previous Owner Primo Dario M $176,200
Previous Owner Primo Dario M $172,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $602,000 +9.7% $274 / Sq Ft
05/12/2022 05/12/22 For Sale $549,000 +21.3% $250 / Sq Ft
08/06/2021 08/06/21 Sold $452,500 +3.1% $206 / Sq Ft
07/05/2021 07/05/21 For Sale $439,000 +36.8% $200 / Sq Ft
05/11/2018 05/11/18 Sold $321,000 -2.4% $146 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $329,000 +24.6% $150 / Sq Ft
06/10/2016 06/10/16 Sold $264,000 -5.7% $120 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $279,900 -- $127 / 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
2024 $5,465 $181,800 $181,800 $0
2023 $7,498 $150,900 $150,900 $0
2022 $7,498 $141,800 $141,800 $0
2021 $3,754 $127,700 $127,700 $0
2020 $3,796 $105,600 $105,600 $0
2019 -- $104,200 $104,200 $0
2018 -- $96,500 $96,500 $0
2017 -- $92,300 $92,300 $0
2016 -- $90,900 $90,900 $0
2015 -- $84,000 $0 $0
2014 -- $79,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 468170

Northern Michigan MLS

APN: 52-19-05-100-076