NOT LISTED FOR SALE

927 Spring St Unit 8 Petoskey, MI 49770

Estimated Value: $217,000 - $264,000

2 Beds
1.5 Baths
1,052 Sq Ft
$185/mo HOA Fee

Last Sold June 07, 2024

Last sale price $218,000 $207 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,789/month

42 Days on Market

Highlights

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

About This Home

As of June 2024

Here is a convenient, affordable, and well maintained condominium unit, perfect for the first time buyer or someone looking to simplify. This condo is close to downtown Petoskey, the hospital, Curtis park, and the Bear River Recreation Area. Unit includes one parking space in an attached carport, an additional space in the parking lot, a deck, and a secure designated storage room in the basement.

Last Agent to Sell the Property

Pete Platte

Gaslight Group Properties Listed on: 04/26/2024

Last Buyer's Agent

Pete Platte

Gaslight Group Properties Listed on: 04/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1973

Lot Details

  • 261

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,052 Sq Ft Home
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Partial Basement
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Attached Carport

Outdoor Features

  • Deck

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-377-108

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,637

Year Built

Built in 1973

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1973
  • Lvt Date: 04/26/2024
  • Section: 6
  • Second Address Number: 927
  • Directions: Head South on 31 from downtown Petoskey. Take a left on Lawrence. Condo is on the left.
  • Price per Sq Ft: 207.22
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Features: Deck, Dryer, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 1052
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 9
  • Basement: Partial
  • 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: 1052
  • 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
  • Gar Car Capacity: Two

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 8
  • Condo: Yes
  • Fees: 185

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 52-19-06-377-108

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jun 7, 2024
Sold by
Winnell Isaac
Bought by
Caron Nicholas J
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$225,000
Sold Price
$218,000
Premium/Discount to List
-$7,000
-3.11%
Total Days on Market
42
Views
220
Current Estimated Value
$249,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,406
Avg. Annual Appreciation
13.54%
Original Mortgage
$196,200
Outstanding Balance
$194,577
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$54,829

Purchase Details

Listed on
Jul 25, 2022
Closed on
Aug 11, 2022
Sold by
Rau Stephen and Hawley Katrina
Bought by
Winnell Isaac
Seller's Agent
Doug Nowels
Real Estate One
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$179,900
Sold Price
$186,000
Premium/Discount to List
$6,100
3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Listed on
Jan 18, 2020
Closed on
May 26, 2020
Sold by
Bliemeister Marshal W
Bought by
Rau Stephen and Hawley Katrina
Seller's Agent
Geno D'angelo
Real Broker LLC
Buyer's Agent
Pete Stikovich
Little Traverse Bay Realty
List Price
$100,000
Sold Price
$95,500
Premium/Discount to List
-$4,500
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.21%

Purchase Details

Listed on
Feb 5, 2015
Closed on
Jun 25, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bliemeister Marshal W
Seller's Agent
John Thurman
WDCM, LLC
Buyer's Agent
Amy McCafferty
Coldwell Banker Schmidt - Petoskey
List Price
$74,900
Sold Price
$51,000
Premium/Discount to List
-$23,900
-31.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Original Mortgage
$40,800
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2014
Sold by
Elizabeth Elizabeth
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Feb 10, 2006
Sold by
Borcherts Fred H and Borcherts Claudia
Bought by
Clark Elizabeth

Purchase Details

Closed on
Feb 1, 1988
Sold by
Har Spgs Bank
Bought by
Borcherts Rps
Source: Public Records

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Range of Values:

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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
Caron Nicholas J $218,000 Cislo Title Company
Winnell Isaac $186,000 Talon Title Agency
Rau Stephen $95,500 --
Bliemeister Marshal W -- None Available
Federal Home Loan Mortgage Corp $59,400 --
Clark Elizabeth $102,800 --
Borcherts Rps $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caron Nicholas J $196,200
Previous Owner Winnell Isaac $156,836
Previous Owner Winnell Isaac $156,836
Previous Owner Bliemeister Marshal W $40,800
Previous Owner Clark Elizabeth $90,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $218,000 -3.1% $207 / Sq Ft
04/26/2024 04/26/24 For Sale $225,000 +21.0% $214 / Sq Ft
08/12/2022 08/12/22 Sold $186,000 +3.4% $159 / Sq Ft
07/25/2022 07/25/22 For Sale $179,900 +88.4% $154 / Sq Ft
05/26/2020 05/26/20 Sold $95,500 -4.5% $98 / Sq Ft
01/18/2020 01/18/20 For Sale $100,000 +96.1% $102 / Sq Ft
06/25/2015 06/25/15 Sold $51,000 -31.9% $52 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $74,900 -- $77 / 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 $2,637 $100,400 $100,400 $0
2023 $3,380 $72,800 $72,800 $0
2022 $3,479 $67,500 $67,500 $0
2021 $3,380 $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

  • Pete Platte

    Seller's Agent in 2024

    Pete Platte

    Gaslight Group Properties

    (231) 838-0935

    106 Total Sales

    Pete Platte
    Section Image
  • Doug Nowels

    Seller's Agent in 2022

    Doug Nowels

    Real Estate One

    (231) 838-2007

    92 Total Sales

    Doug Nowels
    Section Image
  • Geno D'angelo

    Seller's Agent in 2020

    Geno D'angelo

    Real Broker LLC

    (231) 487-6141

    238 Total Sales

    Geno D'angelo
    Section Image
  • Pete Stikovich

    Buyer's Agent in 2020

    Pete Stikovich

    Little Traverse Bay Realty

    (231) 622-3058

    98 Total Sales

    Pete Stikovich
    Section Image

  • J

    Seller's Agent in 2015

    John Thurman

    WDCM, LLC

    (231) 675-9331

    Section Image
  • Amy McCafferty

    Buyer's Agent in 2015

    Amy McCafferty

    Coldwell Banker Schmidt - Petoskey

    (231) 838-4653

    106 Total Sales

    Amy McCafferty
    Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 473592

Northern Michigan MLS

APN: 52-19-06-377-108

Michigan Emmet County Petoskey 49770

927 Spring St Unit 8, Petoskey, MI

This home is located at 927 Spring St Unit 8, Petoskey, MI 49770 since 26 April 2024 and is currently estimated at $249,406, approximately $237 per square foot. This property was built in 1973. 927 Spring St Unit 8 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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