NOT LISTED FOR SALE

924 E Mitchell St Petoskey, MI 49770

Estimated Value: $2,178,000 - $2,844,357

8 Beds
8 Baths
6,800 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 21, 2017

Last sale price $850,000 $125 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $14,385/month

Highlights

  • Guest House
  • Wood Flooring
  • 3 Car Detached Garage
  • Deck
  • First Floor Utility Room
  • Patio

About This Home

As of April 2017

This classic historical home is located in the heart of downtown Petoskey. The main house features six bedrooms, four full baths, two half baths, remodeled kitchen with formal dining room, four fireplaces, large master suite, a private office, and new boiler system throughout. Enjoy sitting on the patio overlooking the large professional landscaped lawn and entertain your guests in the two bedroom apartment located over the large three car garage with a private drive that also could be used as a rental.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 12/20/2016

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 12/20/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,101

Lot Details

  • 0.6

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 6,800 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Upstairs

Parking

  • 3 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Sprinkler System
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-100-026

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,101

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 12/20/2016
  • Measurement Source: Owner
  • Section: 05
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Deck, Dishwasher, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Sprinkler System, Wood Fireplace, Wood Floors, Paved Road
  • Total Finished Sq Ft: 6800
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 14
  • Basement: Full
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Upper
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 6800
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 8
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Rooms 1: Dimensions: Apartment over the garage, On Level: Upper
  • Rooms 2: On Level: Lower
  • 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: Three

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-100-026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2016
Closed on
Apr 21, 2017
Sold by
Henderson Richard A and Henderson Bette L
Bought by
Olson Derek D and Olson Gina M
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$970,000
Sold Price
$850,000
Premium/Discount to List
-$120,000
-12.37%
Current Estimated Value
$2,475,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,625,786
Avg. Annual Appreciation
13.50%
Original Mortgage
$225,000
Outstanding Balance
$116,379
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,359,407

Purchase Details

Closed on
Aug 9, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Henderson Richard A and Henderson Bette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.58%

Purchase Details

Closed on
Oct 1, 2009
Sold by
Watts Tl
Bought by
Deutsche Bank National Trust Company and Bravo Mortgage Asset Trust 2006-1

Purchase Details

Closed on
Dec 1, 1993
Bought by
Goodrich

Purchase Details

Closed on
Nov 1, 1987
Sold by
Cilluffo Remodel After Td
Bought by
Baldwin Per Afb Rps
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
Olson Derek D -- Crossroads Title
Henderson Richard A $358,199 --
Deutsche Bank National Trust Company $616,503 --
Goodrich -- --
Baldwin Per Afb Rps $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Derek D $225,000
Previous Owner Henderson Richard A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Sold $850,000 -12.4% $125 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $970,000 -- $143 / 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 $15,101 $967,200 $967,200 $0
2024 $15,101 $783,700 $783,700 $0
2023 $13,626 $728,300 $728,300 $0
2022 $13,849 $665,200 $665,200 $0
2021 $13,626 $634,300 $634,300 $0
2020 $13,626 $547,900 $547,900 $0
2019 -- $388,800 $388,800 $0
2018 -- $363,300 $363,300 $0
2017 -- $360,900 $360,900 $0
2016 -- $365,000 $365,000 $0
2015 -- $332,100 $0 $0
2014 -- $332,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Leavy

    Seller's Agent in 2017

    Patrick Leavy

    Kidd & Leavy Real Estate Co. LLC

    (231) 881-6639

    182 in this area

    382 Total Sales

    Patrick Leavy
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Map

Source: Northern Michigan MLS

MLS Number: 450345

Northern Michigan MLS

APN: 52-19-05-100-026

Michigan Emmet County Petoskey 49770

924 E Mitchell St, Petoskey, MI

This home is located at 924 E Mitchell St, Petoskey, MI 49770 since 20 December 2016 and is currently estimated at $2,475,786, approximately $364 per square foot. 924 E Mitchell 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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