NOT LISTED FOR SALE

2870 Estate Dr Petoskey, MI 49770

Estimated Value: $468,000 - $570,827

4 Beds
3 Baths
3,086 Sq Ft
$168/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $381,000 $123 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,139/month

6 Days on Market

Highlights

  • Deck
  • Lower Floor Utility Room
  • Living Room
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Dining Room

About This Home

As of October 2021

4 bedrooms three bath home with over 3,000 sqft of living space. Conveniently located between Petoskey and Boyne City and minutes from water access on Walloon Lake for swimming, there is also a playground for the kiddos. The home features hardwood floors, stainless steel appliances, granite heated kitchen island, four room in ceiling audio system, 16 x 16 back deck with pergola and heated garage. The master suite has a walk in closet, double sinks tiled shower and makeup area. The finished basement has an oversized bedroom and a bathroom with tile shower and granite counter top. Large landscaped private backyard with fire pit, perfect for throwing the football and star gazing. This updated house has everything you will need for a large family. Click on Virtual Tour to walk through the home on your phone or computer.

Last Listed By

JP Gerster

Pat O'Brien & Associates - Boyne City Listed on: 08/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,865

Lot Details

  • 0.64

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 3,086 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Electric Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 13-18-26-480-101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,865

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 08/18/2021
  • Measurement Source: Agent
  • Section: 26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 3086
  • Master Bedroom: Dimensions: 13 x 18, On Level: Main
  • Bedroom 2: Dimensions: 13 x 18, On Level: Main
  • Bedroom 3: Dimensions: 13 x 9.6, On Level: Main
  • Bedroom 4: Dimensions: 13 x 37, On Level: Lower
  • Total Rooms: 13
  • Basement: Full, Finished
  • Dining Room: Dimensions: with kitchen, On Level: Main
  • Kitchen: Dimensions: 13 x 26, On Level: Main
  • Family Room: Dimensions: 13 x 42, On Level: Lower
  • Living Room: Dimensions: 14 x 19, On Level: Main
  • Above Grade Finished Sq Ft: 1668
  • Bathroom 1: Dimensions: 10 x 13, On Level: Main
  • Bathroom 2: Dimensions: 5 x 13, On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: 16 x 13, On Level: Lower
  • Rooms 2: Dimensions: 16 x 13 full bath, On Level: Lower
  • Windows: Insulated

Exterior Features

  • Construction: Modular-BOCA-Wood Frame
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: Yes
  • Fees: 100

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 13-18-26-480-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Oct 16, 2021
Sold by
Chavarri Manuel Thanou Pinelopi
Bought by
Greer Matthew and Greer Kathryn
Seller's Agent
JP Gerster
Pat O'Brien & Associates - Boyne City
Buyer's Agent
Jill Cook
Gaslight Group Properties
List Price
$380,000
Sold Price
$381,000
Premium/Discount to List
$1,000
0.26%
Total Days on Market
6
Current Estimated Value
$517,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,707
Avg. Annual Appreciation
9.14%
Original Mortgage
$334,000
Outstanding Balance
$311,110
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$207,632

Purchase Details

Listed on
May 9, 2016
Closed on
Dec 23, 2016
Sold by
Kelley Jason N and Kelley Katherine L
Bought by
Chavarri Manliel and Thanoll Pinelopi
Seller's Agent
Doug Nowels
Real Estate One
Buyer's Agent
JP Gerster
Pat O'Brien & Associates - Boyne City
List Price
$259,000
Sold Price
$249,900
Premium/Discount to List
-$9,100
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$199,920
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2013
Sold by
Hayner Terry L and Hayner Jean
Bought by
Kelley Jason N and Kelley Katherine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
3.97%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 1, 2004
Sold by
Kelley Jason N and Kelley Katherine L
Bought by
Hayner Terry L

Purchase Details

Closed on
Jan 1, 2000
Sold by
Hayner Terry L
Bought by
Kelley Jason N and Kelley Katherine L

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 Buyer Sale Price Title Company
Greer Matthew -- --
Chavarri Manliel $249,900 None Available
Kelley Jason N $135,000 Talon Title Agency
Hayner Terry L -- --
Kelley Jason N $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greer Matthew $334,000
Previous Owner Chavarri Manuel Thanou Pinelop $185,560
Previous Owner Chavarri Manual $42,425
Previous Owner Chavarri Manliel $199,920
Previous Owner Kelley Jason N $12,000
Previous Owner Kelley Jason N $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $381,000 +0.3% $123 / Sq Ft
08/16/2021 08/16/21 For Sale $380,000 +52.1% $123 / Sq Ft
12/23/2016 12/23/16 Sold $249,900 -3.5% $81 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $259,000 -- $84 / 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 $1,865 $217,500 $217,500 $0
2023 $3,773 $213,200 $213,200 $0
2022 $3,773 $162,000 $162,000 $0
2021 $2,016 $93,000 $93,000 $0
2020 $1,985 $88,500 $88,500 $0
2019 -- $87,800 $87,800 $0
2018 -- $82,300 $82,300 $0
2017 -- $82,500 $82,500 $0
2016 -- $77,500 $77,500 $0
2015 -- $66,300 $0 $0
2014 -- $59,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northern Michigan MLS

MLS Number: 466231

Northern Michigan MLS

APN: 13-18-26-480-101