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2241 Ciderpress Drive

2241 Ciderpress Drive, Petoskey, MI 49770
Property in Bear Creek
Sold Aug 29, 2018
$300,000
$240,000 by Carrollton Bank
Mortgage
Sold Oct 11, 2010
Transfer
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. In total, the area measurement of the land is 5,382 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2241 Ciderpress Drive sold most recently in Aug 21, 2018 for a total of $300,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,185 in taxes each year. 2241 Ciderpress Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $150,200. If we break it down further, the land itself was valued at $150,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,382
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HEARTHSIDE GROVE CONDOMINIUM
  • Land Acres: 0.123
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: HEARTHSIDE GROVE CONDO, PLAN #348, UNIT 18, SECTION 25 & 26, T35N, R5W

Ownership

  • Current Owner : THORSON GARY L
  • Current Owner 2: HALVORSON YVONNE
  • Previous Owner : LOUIS LOUIS L
  • Previous Owner 2: LOUIS P B
  • Owner Before Previous Owner: FOMCO LLC
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Public Schools of Petoskey
  • School Tax School District: PETOSKEY
  • Census Tract: 970500

Zoning

  • Zoning: EC PUD-RO

Geography

  • District: 1
  • Section: 2526
  • Parcel: 01-16-25-105-118
  • Meridian: SEC 25 TWN 35N RNG 05W
  • Municipality: BEAR CREEK TOWNSHIP
  • Latitude: 45.4025
  • Longitude: -84.8692

    Address

  • Full Address: 2241 Ciderpress Dr
  • Legal Unit: 18
  • Address - House Number: 2241
  • Address - Street Name: Ciderpress
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Petoskey
  • Carrier Code: R004
  • 4-Digit Zip Code: 9056
  • Zip Code: 49770

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,185
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.219
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 69
  • Final Value: 472,202
  • High Value: 575,654
  • Low Value: 368,750

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: CARROLLTON BANK
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Loan Amount: $240,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $300,400
  • Market Land Value: $300,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,200
  • Assessed Land Value: $150,200

    Sales

  • Current Sale Contract Date: Aug 21, 2018
  • Current Sale Recording Date: Aug 29, 2018
  • Current Sale Transaction ID: 11507050793
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 000005159052
  • Previous Sale Recording Date: Oct 11, 2010
  • Previous Sale Contract Date: Sep 30, 2010
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PEOPLES BANK & TRUST
  • First Mortgage Transaction Date: Aug 29, 2018
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jan 01, 2038

About Emmet



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Frequently Asked Questions

What neighborhood is 2241 Ciderpress Drive located in?
The 2241 Ciderpress Drive is a located in the neighborhood of Bear Creek in Emmet, Petoskey.
What is the average sales price for listings in 2241 Ciderpress Drive?
The average sales price for units in 2241 Ciderpress Drive is $0 currently.

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