NOT LISTED FOR SALE

927 Spring St Unit 4 Petoskey, MI 49770

Estimated Value: $243,000 - $259,000

2 Beds
1.5 Baths
1,089 Sq Ft
$133/mo HOA Fee

Last Sold December 15, 2015

Last sale price $75,000 $69 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $1,631/month

Highlights

  • First Floor Utility Room
  • Attached Carport
  • Dining Room
  • Living Room

About This Home

As of December 2015

Fantastic condo unit in Petoskey. This 2 large Bedrooms and 1.5 bath Condo is bright and open. The bedrooms are large and the owners have made custom improvements such as cabinets and wood floors. Can be used as a rental, weekend destination, or just a year round home. There is plenty of space to use both inside and out. The open space of Curtis Park is just a block away, and the Bear River Trail is just down the hill from that. Centrally located between the Hospital and the Bear Creek Shopping Area.

Last Agent to Sell the Property

Chris Christensen

Lynda's Real Estate Service Listed on: 09/16/2015

Co-Listed By

Marty Moody

Lynda's Real Estate Service License #6506043488

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,832

Year Built

  • Built in 1973

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • Attached Carport

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,089 Sq Ft Home
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-377-104

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,832

Year Built

Built in 1973

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1973
  • Measurement Source: Assessor
  • Section: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Features: Built In Microwave, Dishwasher, Garbage Disposal, Range
  • Total Finished Sq Ft: 1089
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 5
  • Basement: Crawl
  • 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: 1089
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Half 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

Garage/Parking

  • Garage Carport: Carport-Attached

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 4
  • Condo: Yes
  • Fees: 133

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-06-377-104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2015
Closed on
Dec 15, 2015
Sold by
Prell Patricia L
Bought by
Engelman Adam
Seller's Agent
Chris Christensen
Lynda's Real Estate Service
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$77,500
Sold Price
$75,000
Premium/Discount to List
-$2,500
-3.23%
Current Estimated Value
$253,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,654
Avg. Annual Appreciation
13.23%
Original Mortgage
$60,000
Outstanding Balance
$47,050
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$206,604

Purchase Details

Closed on
Aug 1, 1996
Bought by
Prell Pta

Purchase Details

Closed on
Jun 1, 1984
Sold by
Paige Forced Sale?
Bought by
Kathan Wd L416 P872

Purchase Details

Closed on
Dec 1, 1980
Bought by
Paige
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
Engelman Adam $75,000 Attorneys Title Agency Llc
Prell Pta $68,000 --
Kathan Wd L416 P872 $50,000 --
Paige $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engelman Adam $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2015 12/15/15 Sold $75,000 -3.2% $69 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $77,500 -- $71 / 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 $1,832 $105,200 $105,200 $0
2024 $1,832 $100,400 $100,400 $0
2023 $1,681 $72,800 $72,800 $0
2022 $1,681 $67,500 $67,500 $0
2021 $1,636 $63,700 $63,700 $0
2020 $1,654 $63,700 $63,700 $0
2019 -- $62,300 $62,300 $0
2018 -- $46,600 $46,600 $0
2017 -- $46,900 $46,900 $0
2016 -- $42,800 $42,800 $0
2015 -- $42,400 $0 $0
2014 -- $32,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 446167

Northern Michigan MLS

APN: 52-19-06-377-104