NOT LISTED FOR SALE

971 Mason Rd Petoskey, MI 49770

Estimated Value: $387,000 - $535,000

3 Beds
2 Baths
1,000 Sq Ft
$434/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2021

Last sale price $300,000 $300 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,650 / mo

10 Days on Market

Highlights

  • Water Views
  • Main Floor Primary Bedroom
  • 4 Car Detached Garage
  • Pole Barn
  • Lower Floor Utility Room
  • Living Room

About This Home

As of December 2021

Whether you are looking for a weekend getaway, year-round homestead, employee housing, or personal storage building with a residential rental to defray the cost of ownership, 971 Mason Road checks many boxes. Add to that a dynamic location and potential for panoramic Lake Michigan views and you have a unique property with the pedigree for long-term investment success and near-term personal enjoyment. The main floor home boasts a walkout lower level to add finished square footage and has updated mechanicals (new HVAC 2021) plus a new roof making this an enticing project with countless possibilities. The property gently slopes toward Lake Michigan with green grass and a mature garden off the east side of this bluff top site which adds an extremely private feeling enhanced by with the fact that city owned property and Mason Road surround ¾’s of the parcel. Location across from Bay Harbor and close to Petoskey is ideal, the views and privacy overlooking Little Traverse Bay are outstanding, and the time to purchase and start enjoying those storied Northern Michigan summers is upon us. Available to see on Thursday November 4th, 2021. Book your private tour today.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 11/01/2021

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties Listed on: 11/01/2021

Home Details

Home Type

  • Single Family

Lot Details

  • 21,344 Sq Ft Lot
  • Property is zoned RT I

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Water Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Pole Barn
  • Shed

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 13-18-02-300-027

Home Details

Home Type

Single Family

Lot Details

0.49 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 11/01/2021
  • Section: 2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fans, Central Air, Dryer, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1000
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Full, Walkout
  • 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: 1000
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Lower
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • 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
  • Water View: Y

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Heat Type: LP Gas
  • Sewer: Septic
  • Water: Well
  • Well Size Depth: 4"

Lot Info

  • Estimated Number of Acres: 0.49
  • Zoning: RT I

Tax Info

  • Assessor Parcel Number: 13-18-02-300-027

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2021
Closed on
Dec 6, 2021
Sold by
Kaven George D
Bought by
Kurshuk Aliaksandr and Kershuk Shafer
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$339,000
Sold Price
$300,000
Premium/Discount to List
-$39,000
-11.5%
Current Estimated Value
$434,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,166
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Apr 27, 2009
Sold by
City Of Petoskey
Bought by
Kaven George D and Kaven Phyllis A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Kurshuk Aliaksandr -- --
Kaven George D $35,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $300,000 -11.5% $300 / Sq Ft
11/01/2021 11/01/21 For Sale $339,000 -- $339 / Sq Ft
Source: Northern Michigan MLS

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 $3,980 $171,700 $2,700 $169,000
2024 $19 $171,600 $2,700 $168,900
2023 $6,673 $181,500 $2,300 $179,200
2022 $6,673 $161,600 $161,600 $0
2021 $1,400 $81,200 $81,200 $0
2020 $1,378 $86,400 $86,400 $0
2019 -- $85,200 $85,200 $0
2018 -- $80,500 $80,500 $0
2017 -- $81,800 $81,800 $0
2016 -- $69,100 $69,100 $0
2015 -- $67,700 $0 $0
2014 -- $61,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 466887

Northern Michigan MLS

APN: 13-18-02-300-027

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