NOT LISTED FOR SALE

927 Spring St Unit 1 Petoskey, MI 49770

Estimated Value: $222,000 - $340,000

3 Beds
1.5 Baths
1,150 Sq Ft
$197/mo HOA Fee

Last Sold December 15, 2017

Last sale price $134,000 $117 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,141/month

62 Days on Market

Highlights

  • Deck
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Attached Carport
  • Ceiling Fan

About This Home

As of December 2017

Hard to find three bedroom end condo with a great location in Petoskey within walking distance to the hospital, shopping, restaurants, and other activities. Many recent updates from flooring to lighting have been performed in this well cared for condo. Enjoy the balconies off the dining room and upper bedroom, a covered carport with additional parking on-site, and utilize the large secured and designated storage area in the basement/utility area.

Last Listed By

Nicollette Hammond

Birchwood Realty, LLC Listed on: 08/28/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,615

Year Built

  • Built in 1973

Lot Details

  • 261

HOA Fees

  • $197 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Block Basement Construction

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Attached Carport
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-377-101

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,615

Year Built

Built in 1973

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1973
  • Lvt Date: 08/29/2017
  • Measurement Source: Owner
  • Section: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 1150
  • 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: Block
  • Dining Room: On Level: Upper
  • Kitchen: On Level: Upper
  • Family Room: On Level: N/A
  • Living Room: On Level: Upper
  • Above Grade Finished Sq Ft: 1150
  • Bathroom 1: On Level: Upper
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 1
  • Condo: Yes
  • Fees: 197

Schools

  • School District: Petoskey

Lot Info

  • Zoning: 401

Tax Info

  • Assessor Parcel Number: 52-19-06-377-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Otto Eric A and Otto Laurel D
Bought by
Kale Ravindra and Kale Poorva Ravindra
Total Days on Market
62
Current Estimated Value
$264,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Outstanding Balance
$171,049
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$72,982

Purchase Details

Listed on
Aug 28, 2017
Closed on
Dec 15, 2017
Sold by
Hicks Shelley R and Hicks Stephen M
Bought by
Otto Eric A and Otto Laurel D
Seller's Agent
Nicollette Hammond
Birchwood Realty, LLC
Buyer's Agent
Roxanne Beach
Berkshire Hathaway HomeServices Michigan Real Estate - HS
List Price
$155,000
Sold Price
$134,000
Premium/Discount to List
-$21,000
-13.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$85,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2014
Sold by
Shelley K Shelley K and Roth Shelley K
Bought by
Hicks Shelley K and Hicks Stephen M

Purchase Details

Closed on
Sep 15, 2011
Sold by
Page Holdings Llc
Bought by
Roth Shelley K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
4.14%

Purchase Details

Closed on
Apr 26, 2005
Sold by
Holden George and Holden Patricia
Bought by
Page Holdings Llc

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
Kale Ravindra $216,000 Title Resource Agency
Otto Eric A $134,000 Title Resource Agency
Hicks Shelley K -- --
Roth Shelley K $67,000 --
Page Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kale Ravindra $172,800
Previous Owner Savard Angela Joy $136,000
Previous Owner Otto Eric A $85,000
Previous Owner Hicks Shelley K $28,000
Previous Owner Roth Shelley K $53,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2017 12/15/17 Sold $134,000 -13.5% $117 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $155,000 -- $135 / 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 $5,615 $106,600 $106,600 $0
2023 $1,841 $77,100 $77,100 $0
2022 $1,841 $71,400 $71,400 $0
2021 $1,792 $67,300 $67,300 $0
2020 $1,811 $67,300 $67,300 $0
2019 -- $65,800 $65,800 $0
2018 -- $48,300 $48,300 $0
2017 -- $48,600 $48,600 $0
2016 -- $44,400 $44,400 $0
2015 -- $43,900 $0 $0
2014 -- $33,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nicollette Hammond

    Birchwood Realty, LLC

    (231) 838-6922

    6 Total Sales

    Nicollette Hammond
    Section Image
  • Roxanne Beach

    Buyer's Agent in 2017

    Roxanne Beach

    Berkshire Hathaway HomeServices Michigan Real Estate - HS

    (231) 526-9800

    111 Total Sales

    Roxanne Beach
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 453128

Northern Michigan MLS

APN: 52-19-06-377-101

Michigan Emmet County Petoskey 49770

927 Spring St Unit 1, Petoskey, MI

Homes for Sale in Petoskey, MI

This home is located at 927 Spring St Unit 1, Petoskey, MI 49770 since 28 August 2017 and is currently estimated at $264,834, approximately $230 per square foot. This property was built in 1973. 927 Spring St Unit 1 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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