927 Spring St Unit 5 Petoskey, MI 49770
Estimated Value: $215,000 - $340,000
3
Beds
1.5
Baths
1,169
Sq Ft
$201/mo
HOA Fee
Highlights
- Water Views
- Living Room
- Dining Room
- Deck
- Attached Carport
- Ceiling Fan
About This Home
As of September 2023Charming condo in a quiet neighborhood, centrally located to downtown Petoskey, abundant shopping, great restaurants, and hospital/schools. Catch the bike trail just a few blocks away and ride anywhere or Stroll down the beautiful Bear River Trail to the Petoskey Waterfront. This condo has had many updates including flooring, paint, new USB outlets throughout, new kitchen lighting and ceiling lights throughout, new bathroom light and fan, new circular staircase and railing, new window in the master bedroom, new solid wood entry door with key less entry, new garbage disposal and bathroom vanity downstairs. New washer/dryer. New boiler installed and complete system check 2/10/23. New composite balcony off the dining room so you can sit outside and enjoy the Michigan summers. View of the bay during the fall, winter and spring. Pet friendly for 1 pet. Updated landscaping with one covered parking space and one uncovered with additional guest parking. 8’x8’ storage unit included in basement.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,677
HOA Fees
- $201 Monthly HOA Fees
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,169 Sq Ft Home
- Ceiling Fan
- Insulated Windows
- Living Room
- Dining Room
- Second Floor Utility Room
- Water Views
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
Laundry
- Dryer
- Washer
Parking
- Attached Carport
- Driveway
Outdoor Features
- Deck
Utilities
- Heating System Uses Natural Gas
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 52-19-06-377-105
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2023
Closed on
Aug 31, 2023
Sold by
O'Brien Dorothy
Bought by
Rinock Matthew and Rinock Allyson
Seller's Agent
Amy McCafferty
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
JP Gerster
Pat O'Brien & Associates - Boyne City
List Price
$260,000
Sold Price
$212,160
Premium/Discount to List
-$47,840
-18.4%
Total Days on Market
121
Views
1275
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,772
Avg. Annual Appreciation
12.79%
Original Mortgage
$105,800
Outstanding Balance
$104,225
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$156,401
Purchase Details
Listed on
Jul 8, 2015
Closed on
Sep 4, 2015
Sold by
Weiderman Victoria L and Wiggins Victoria Lq
Bought by
Rutzler Sean and Rutzler Lauren
Seller's Agent
Chris Christensen
Lynda's Real Estate Service
Buyer's Agent
Gina Dunneback
Gaslight Group Properties
List Price
$74,900
Sold Price
$74,000
Premium/Discount to List
-$900
-1.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.07%
Original Mortgage
$70,300
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 12, 2004
Sold by
Oliver Lori L
Bought by
Wiggins Victoria L
Purchase Details
Closed on
Nov 1, 1996
Bought by
Oliver Pta
Purchase Details
Closed on
Jun 1, 1988
Sold by
Kan +Mtg Assum $?
Bought by
Elcoate +1000P Rps
Purchase Details
Closed on
Jun 1, 1983
Bought by
Kan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Petoskey, MI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rinock Matthew | $212,160 | Multiple | |
| Rutzler Sean | $74,000 | Attorneys Title Agency Llc | |
| Wiggins Victoria L | $98,500 | -- | |
| Oliver Pta | $68,000 | -- | |
| Elcoate +1000P Rps | $51,000 | -- | |
| Kan | $52,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rinock Matthew | $105,800 | |
| Previous Owner | O'Brien Dorothy M | -- | |
| Previous Owner | Obrien Dorothy | $170,000 | |
| Previous Owner | Rutzler Sean | $70,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2023 09/01/23 | Sold | $212,160 | -7.8% | $181 / Sq Ft |
| 07/06/2023 07/06/23 | Price Changed | $230,000 | -4.2% | $197 / Sq Ft |
| 06/01/2023 06/01/23 | Price Changed | $240,000 | -4.0% | $205 / Sq Ft |
| 05/19/2023 05/19/23 | Price Changed | $250,000 | -3.8% | $214 / Sq Ft |
| 05/03/2023 05/03/23 | For Sale | $260,000 | +138.5% | $222 / Sq Ft |
| 03/15/2019 03/15/19 | Sold | $109,000 | 0.0% | $93 / Sq Ft |
| 12/05/2018 12/05/18 | Price Changed | $109,000 | -4.4% | $93 / Sq Ft |
| 11/26/2018 11/26/18 | Price Changed | $114,000 | -5.0% | $98 / Sq Ft |
| 11/06/2018 11/06/18 | For Sale | $120,000 | +62.2% | $103 / Sq Ft |
| 09/04/2015 09/04/15 | Sold | $74,000 | -1.2% | $63 / Sq Ft |
| 07/31/2015 07/31/15 | Pending | -- | -- | -- |
| 07/08/2015 07/08/15 | For Sale | $74,900 | -- | $64 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 | $3,677 | $106,600 | $106,600 | $0 |
| 2023 | $2,425 | $77,100 | $77,100 | $0 |
| 2022 | $2,425 | $71,400 | $71,400 | $0 |
| 2021 | $2,360 | $67,300 | $67,300 | $0 |
| 2020 | $2,419 | $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
-
Amy McCafferty
Seller's Agent in 2023
Amy McCafferty
Coldwell Banker Schmidt - Petoskey
(231) 838-4653
106 Total Sales
-
JP Gerster
Buyer's Agent in 2023
JP Gerster
Pat O'Brien & Associates - Boyne City
(231) 675-2300
83 Total Sales
-
Seller's Agent in 2019
Gina Dunneback
Gaslight Group Properties
-
Chris Christensen
Seller's Agent in 2015
Chris Christensen
Lynda's Real Estate Service
(231) 675-1144
346 Total Sales
-
Marty Moody
Seller Co-Listing Agent in 2015
Marty Moody
Lynda's Real Estate Service
(231) 633-2500
317 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 470911
APN: 52-19-06-377-105
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