$109,000
SOLD MAR 15, 2019

927 Spring St Unit 5 Petoskey, MI 49770

3 Beds
1.5 Baths
1,169 Sq Ft
$201/mo HOA Fee

Recently Sold

$93 Per Sq Ft

9% Below List Price

91 Days on Market

About This Home

As of September 2023

Super sweet condo centrally located to the hospital, shopping and downtown! Catch the bike trail just a few blocks away and ride anywhere. This condo has had some updates including flooring and bathroom vanity downstairs. Cute little balconies off the dining room and master bedroom so you can sit outside and enjoy the summers. Pet friendly!!!

Last Agent to Sell the Property

Gina Dunneback

Gaslight Group Properties Listed on: 11/06/2018

Last Buyer's Agent

Amy McCafferty

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 1973

HOA Fees

  • $201 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

  • 2 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

$201 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1973
  • Lvt Date: 11/06/2018
  • Section: 6
  • Second Address Number: 927
  • Directions: From US 31 & US 131 go south up the hill to Lawrence Street - left on Lawrence - Condominium is on the left (north) side of Lawrence.
  • Price per Sq Ft: 93.24
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • 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: Two

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 5
  • Condo: Yes
  • Fees: $201

Schools

  • School District: Petoskey
  • 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
14.86%
Original Mortgage
$105,800
Outstanding Balance
$103,632
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$176,274

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
Not Available
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: 457116

Northern Michigan MLS

APN: 52-19-06-377-105