NOT LISTED FOR SALE

920 E Mitchell St Petoskey, MI 49770

Estimated Value: $1,869,000 - $2,072,000

5 Beds
3.5 Baths
5,242 Sq Ft
$373/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $1,280,920 $244 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $12,305/month

Highlights

  • Guest House
  • Wood Flooring
  • Whirlpool Bathtub
  • Deck
  • Main Floor Primary Bedroom
  • First Floor Utility Room

About This Home

As of May 2021

Quintessential Petoskey with this classic Mitchell Street home on a massive lot with a south facing rear yard and a guest quarters above the garage. The craftsmanship and details are what you would expect from a house of this stature and from this era but it has been tastefully updated with modern amenities. Rare to have a main floor master suite in this style of home. Room for all of your family and friends to stay and visit comfortably. No detail was spared when updating this home, using only the best building materials and reputable builders. The area above the garage is equipped with its own butlers kitchen and full bathroom, for additional living space. Character is the word that comes to mind when you're inside this home. Very hard to replicate some of the homes features, with its vast history, tradition and style. Walking distance to Petoskey's famed Gaslight District, fine dining, shopping, schools for all ages, and McLaren Northern Michigan Hospital. Don't miss your opportunity to own one of Petoskey's finest homes.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 12/05/2020

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties Listed on: 12/05/2020

Home Details

Home Type

  • Single Family

Lot Details

  • 0.46

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 5,242 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Sprinkler System
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-100-025

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/27/2021
  • Measurement Source: Assessor
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Whirl Pool, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 5242
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Upper
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 4953
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Rooms 1: On Level: Upper
  • Rooms 2: On Level: N/A
  • Windows: Insulated

Exterior Features

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

Garage/Parking

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

Utilities

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

Lot Info

  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 52-19-05-100-025

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2020
Closed on
May 27, 2021
Sold by
Ricci Jason
Bought by
Mccrone Luke M H and Jacoby Kristyn Brooke
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$1,319,000
Sold Price
$1,280,920
Premium/Discount to List
-$38,080
-2.89%
Current Estimated Value
$1,952,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,064
Avg. Annual Appreciation
9.65%
Original Mortgage
$900,000
Outstanding Balance
$527,787
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,425,197

Purchase Details

Closed on
Jan 31, 2013
Sold by
Ricci Jason and Ricci Carrie
Bought by
Ricci Jason and Ricci Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
3.36%

Purchase Details

Listed on
Nov 30, 2012
Closed on
Nov 30, 2012
Sold by
White Elizabeth F
Bought by
Ricci Jason and Ricci Carrie
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$835,000
Sold Price
$835,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$166,500
Interest Rate
3.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mccrone Luke M H -- --
Ricci Jason $835,000 --
Ricci Jason -- --
White Elizabeth F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccrone Luke M H $900,000
Previous Owner Ricci Jason $166,500
Previous Owner White Elizabeth F $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2021 05/27/21 Sold $1,280,920 -2.9% $244 / Sq Ft
12/05/2020 12/05/20 Pending -- -- --
12/05/2020 12/05/20 For Sale $1,319,000 +58.0% $252 / Sq Ft
11/30/2012 11/30/12 Sold $835,000 0.0% $174 / Sq Ft View Prior Sale
11/30/2012 11/30/12 For Sale $835,000 -- $174 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
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 $24,506 $908,600 $908,600 $0
2024 $24,506 $796,000 $796,000 $0
2023 $22,475 $721,300 $721,300 $0
2022 $22,475 $644,400 $644,400 $0
2021 $12,465 $614,700 $614,700 $0
2020 $12,601 $525,000 $525,000 $0
2019 -- $443,900 $443,900 $0
2018 -- $434,800 $434,800 $0
2017 -- $441,300 $441,300 $0
2016 -- $446,600 $446,600 $0
2015 -- $408,000 $0 $0
2014 -- $408,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465208

Northern Michigan MLS

APN: 52-19-05-100-025