$95,500
SOLD MAY 26, 2020

927 Spring St Unit 8 Petoskey, MI 49770

2 Beds
1.5 Baths
978 Sq Ft
$167/mo HOA Fee

Recently Sold

$98 Per Sq Ft

4% Below List Price

114 Days on Market

Highlights

  • Deck
  • Attached Carport
  • Dining Room
  • Living Room

About This Home

As of June 2024

A fantastic condo in Petoskey at this price doesn't come around very often! This 2 bedroom, 2 bathroom condo is conveniently located within walking distance to the hospital, restaurants, shopping, and many other activities Petoskey has to offer! You have the opportunity to enjoy the Northern Michigan fresh air while lounging on the deck. Covered parking as well as garbage, lawn maintenance, and snow removal is included with the association! New owner could use as a long term rental.

Last Agent to Sell the Property

Geno D'angelo

Real Broker LLC Listed on: 01/18/2020

Real Broker LLC

Last Buyer's Agent

Pete Stikovich

Little Traverse Bay Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,637

Year Built

  • Built in 1973

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Wood Frame Construction

Interior Spaces

  • 978 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Parking

  • 1 Car Garage
  • Attached Carport

Additional Features

  • Deck
  • Heating System Uses Natural Gas

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

$167 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1973
  • Lvt Date: 01/20/2020
  • Section: 6
  • Second Address Number: 927
  • Directions: Just north of the light at Sheridan and US131 to corner of Lawrence and US 131
  • Price per Sq Ft: 97.65
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1973

Interior Features

  • Features: Deck
  • Total Finished Sq Ft: 978
  • Master Bedroom: Dimensions: 14' x 10'6", On Level: Upper
  • Bedroom 2: Dimensions: 12'6" x 14', On Level: Upper
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 6
  • Dining Room: Dimensions: Combo, On Level: Main
  • Kitchen: Dimensions: 10'9" x 8', On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 12'4" x 21'3", On Level: Main
  • Above Grade Finished Sq Ft: 978
  • Bathroom 1: Dimensions: 10'8" x 5'1", On Level: Upper
  • Bathroom 2: Dimensions: 2'10" x 7', On Level: Main
  • 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
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: Community

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 8
  • Condo: Yes
  • Fees: 167

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%
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

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 $218,000 Cislo Title Company
Warranty Deed $186,000 Talon Title Agency
Deed $95,500 --
Deed -- None Available
Interfamily Deed Transfer $59,400 --
Warranty Deed $102,800 --
Warranty Deed $44,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,200 New Conventional
Previous Owner $156,836 New Conventional
Previous Owner $156,836 No Value Available
Previous Owner $40,800 New Conventional
Previous Owner $90,560 Stand Alone Refi Refinance Of Original Loan
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

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Map

Source: Northern Michigan MLS

MLS Number: 461104

Northern Michigan MLS

APN: 52-19-06-377-108