NOT LISTED FOR SALE

9233 Pickerel Lake Rd Petoskey, MI 49770

Estimated Value: $466,487 - $593,000

5 Beds
4 Baths
2,200 Sq Ft
$244/Sq Ft Est. Value

Last Sold October 04, 2012

Last sale price $151,000 $69 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $3,128/month

107 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Cathedral Ceiling
  • Lower Floor Utility Room
  • Thermal Windows

About This Home

As of October 2012

Expansive, not expensive! Roomy full log home features 5 bedrooms and 4 baths,finished lower level family room and 10 acres of wooded/open land to roam!Just a few minutes north of Petoskey and near access points to Pickerel Lake!Secluded setting features mixed trees; home features deck and detached garage.Plenty of room to relax and enjoy additional company!This is a Fannie Mae Homepath property and qualifies for Homepath mortgage financing.Call today to tour this home!

Last Agent to Sell the Property

Sue Louiselle

Sue Louiselle, Broker Listed on: 04/05/2012

Last Buyer's Agent

Heidi Kresnak

Graham Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,291

Year Built

  • Built in 1993

Lot Details

  • 10

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • Cathedral Ceiling
  • Thermal Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 24-14-17-37-400-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,291

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1993
  • Section: 34
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Features: Cathedral Ceilings, Deck
  • Total Finished Sq Ft: 2200
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Main
  • Total Rooms: 9
  • Basement: Full, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Lower
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1888
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 4
  • Rooms 1: On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

  • Construction: Log
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: LP Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane

Schools

  • School District: Petoskey

Lot Info

  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 24-14-17-37-400-006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2012
Closed on
Oct 3, 2012
Sold by
Fannie Mae
Bought by
Jepsen Kari
Seller's Agent
Sue Louiselle
Sue Louiselle, Broker
Buyer's Agent
Heidi Kresnak
Graham Real Estate
List Price
$195,900
Sold Price
$151,000
Premium/Discount to List
-$44,900
-22.92%
Current Estimated Value
$536,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,162
Avg. Annual Appreciation
10.25%
Original Mortgage
$148,265
Outstanding Balance
$102,765
Interest Rate
3.53%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$433,397

Purchase Details

Closed on
May 11, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 24, 2011
Sold by
Watts Tl
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Oct 28, 2005
Sold by
Overton Kim G
Bought by
Gibbard Steven A and Gibbard Margaret C

Purchase Details

Closed on
Sep 21, 2001
Bought by
Overton Kim G

Purchase Details

Closed on
Mar 9, 2000
Sold by
Padgett Frederick
Bought by
Bankers Trust Co Of California Na
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
Jepsen Kari $151,000 --
Federal National Mortgage Association -- --
Bac Home Loans Servicing Lp $152,400 --
Gibbard Steven A $232,000 --
Overton Kim G $180,000 --
Bankers Trust Co Of California Na $250,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jepsen Kari $148,265
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2012 10/04/12 Sold $151,000 -22.9% $69 / Sq Ft
07/21/2012 07/21/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $195,900 -- $89 / 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 $3,291 $216,700 $0 $216,700
2024 $3,291 $193,000 $0 $193,000
2023 $2,780 $152,800 $0 $152,800
2022 $2,780 $124,500 $0 $124,500
2021 $2,691 $119,600 $0 $119,600
2020 $2,614 $117,200 $0 $117,200
2019 -- $115,600 $24,800 $90,800
2018 -- $115,900 $24,800 $91,100
2017 -- $111,400 $24,800 $86,600
2016 -- $94,400 $24,800 $69,600
2015 -- $87,000 $0 $0
2014 -- $83,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 433198

Northern Michigan MLS

APN: 14-17-34-400-006