NOT LISTED FOR SALE

915 Franklin St Petoskey, MI 49770

Estimated Value: $227,148 - $302,000

3 Beds
1 Bath
1,200 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $103,000 $86 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $1,617/month

53 Days on Market

Highlights

  • Lower Floor Utility Room
  • Dining Room
  • 2-minute walk to Bear River Park
  • Living Room

About This Home

As of August 2019

Conveniently located within walking distance of downtown Petoskey for shopping and dining and offers three bedrooms, one full bath, full basement, large fenced back yard that is great for kids and pets to play! Incredible rental potential!

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 05/09/2019

Last Buyer's Agent

Ethan Swiger

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,737

Lot Details

  • 7,797

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 1 Full Bathroom

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-402-046

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,737

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/10/2019
  • Section: 6
  • Second Address Number: 915
  • Directions: Emmet to Fulton to Franklin.
  • Price per Sq Ft: 85.83
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Range, Refrigerator, Paved Road
  • Total Finished Sq Ft: 1200
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Basement: Full
  • 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: 1200
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

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

Utilities

  • Sewer: City
  • Water: City

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-06-402-046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 30, 2019
Sold by
Ludlow Brian J
Bought by
Timmons Dominic
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Ethan Swiger
Real Estate One
List Price
$124,000
Sold Price
$103,000
Premium/Discount to List
-$21,000
-16.94%
Current Estimated Value
$260,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,787
Avg. Annual Appreciation
16.36%
Original Mortgage
$97,000
Outstanding Balance
$28,082
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$232,705

Purchase Details

Closed on
Oct 8, 2016
Sold by
Ludlow Ann M and Ludlow Ann
Bought by
Ludlow Brian J

Purchase Details

Closed on
Apr 1, 1995
Sold by
No Financial
Bought by
Ludlow Pta

Purchase Details

Closed on
Apr 1, 1985
Sold by
Wilhelm Remodel
Bought by
Northern Fin & Equity

Purchase Details

Closed on
May 1, 1979
Bought by
Mathers
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Timmons Dominic -- Crossroads Title
Ludlow Brian J -- None Available
Ludlow Pta $38,000 --
Northern Fin & Equity $27,500 --
Mathers $16,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timmons Dominic $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $103,000 -5.5% $86 / Sq Ft
06/19/2019 06/19/19 Price Changed $109,000 -8.4% $91 / Sq Ft
06/10/2019 06/10/19 Price Changed $119,000 -4.0% $99 / Sq Ft
05/09/2019 05/09/19 For Sale $124,000 -- $103 / 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 $2,737 $89,300 $89,300 $0
2024 $2,737 $75,400 $75,400 $0
2023 $1,644 $63,700 $63,700 $0
2022 $1,644 $60,200 $60,200 $0
2021 $1,600 $55,200 $55,200 $0
2020 $1,617 $45,000 $45,000 $0
2019 -- $44,300 $44,300 $0
2018 -- $46,300 $46,300 $0
2017 -- $52,700 $52,700 $0
2016 -- $49,100 $49,100 $0
2015 -- $47,900 $0 $0
2014 -- $45,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Leavy

    Seller's Agent in 2019

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 881-6639

    183 in this area

    384 Total Sales

    Patrick Leavy
    Section Image
  • Ethan Swiger

    Buyer's Agent in 2019

    Ethan Swiger

    Real Estate One

    (231) 881-6263

    23 in this area

    118 Total Sales

    Ethan Swiger
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 458508

Northern Michigan MLS

APN: 52-19-06-402-046

Michigan Emmet County Petoskey 49770

915 Franklin St, Petoskey, MI

This home is located at 915 Franklin St, Petoskey, MI 49770 since 09 May 2019 and is currently estimated at $260,787, approximately $217 per square foot. 915 Franklin St is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

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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