$74,000
SOLD SEP 4, 2015

927 Spring St Unit 5 Petoskey, MI 49770

3 Beds
1.5 Baths
1,169 Sq Ft
$166/mo HOA Fee

Recently Sold

$63 Per Sq Ft

1% Below List Price

23 Days on Market

About This Home

As of September 2023

Awesome opportunity in Petoskey. This 3 Bed 1.5 bath Condo is bright and open. With this open floor plan the unit is very versatile. Can be used as a rental, weekend destination, or just a year round home. With two decks, 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, this unit is right off the bike trail as well.

Last Agent to Sell the Property

Chris Christensen

Lynda's Real Estate Service Listed on: 07/08/2015

Co-Listed By

Marty Moody

Lynda's Real Estate Service License #6506043488

Last Buyer's Agent

Gina Dunneback

Gaslight Group Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 1973

HOA Fees

  • $166 Monthly HOA Fees

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1,169 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

Parking

  • 1 Car Garage
  • Attached Carport

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-377-105

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,677

Year Built

Built in 1973

Lot Details

0

HOA Fees

$166 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Additional Comments: SOLD & CLOSED
  • Estimated Year Built: 1973
  • Measurement Source: Agent
  • Section: 6
  • S E V Yr: $44,200/2011
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Total Finished Sq Ft: 1169
  • Master Bedroom: Dimensions: 12' x 17', On Level: Upper
  • Bedroom 2: Dimensions: 10' x 22', On Level: Upper
  • Bedroom 3: Dimensions: 10' x 10', On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 5
  • Dining Room: On Level: N/A
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 12' x 22', On Level: Main
  • Above Grade Finished Sq Ft: 1169
  • Bathroom 1: Dimensions: 6' x 12', On Level: Upper
  • Bathroom 2: Dimensions: 4' x 6', On Level: Main
  • Number Of Bedrooms: 3
  • 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
  • Waterfront Water Access: Neither

Garage/Parking

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

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 5
  • Condo: Yes
  • Fees: $166

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Commercial

Tax Info

  • 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%
Views
1275
Current Estimated Value
$279,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,746
Avg. Annual Appreciation
15.70%
Original Mortgage
$105,800
Outstanding Balance
$103,732
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,174

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
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 Type Sale Price Title Company
Warranty Deed $212,160 Multiple
Warranty Deed $74,000 Attorneys Title Agency Llc
Warranty Deed $98,500 --
Warranty Deed $68,000 --
Warranty Deed $51,000 --
Warranty Deed $52,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,800 Purchase Money Mortgage
Previous Owner -- No Value Available
Previous Owner $170,000 New Conventional
Previous Owner $70,300 Purchase Money Mortgage
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

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 $3,677 $112,500 $112,500 $0
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

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Map

Source: Northern Michigan MLS

MLS Number: 445346

Northern Michigan MLS

APN: 52-19-06-377-105