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3501 Shanley Road

3501 Shanley Road, Petoskey, MI 49770
Property in Bear Creek
Sold Jan 13, 2021
$250,000
$225,000 by 4front Credit Union
Mortgage Due Jan 01, 2051
Sold May 23, 2011
$149,900
$147,992 by Wells Fargo Bank, Na
Mortgage Due Jun 01, 2041
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. It is a single story home. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 3501 Shanley Road has 2,352 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,761 square feet.

Learn more about the property and building on this page. There is a patio. Water for the property is sourced from a water system. For those who need parking, there is a garage. The garage is 1,976 sqft. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 30, 2020 for $250,000. That's $106.29 per sqft. Prior to that sales transaction, the property was also sold in May 17, 2011 for $149,900. 3501 Shanley Road was last assessed in 2023. The total value of the property was assessed at $138,100. Specifically, the land the property is located on was valued at $1,300. While improvements on the property were assessed at a total of $136,800. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,042. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Other
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,680
  • Garage Type: Garage
  • Garage Square Area: 1,976
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,352
  • Building Area: 2,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COM AT SW COR OF E 1/2 OF SE 1/4; TH E 370 FT TO POB; TH N 660 FT; E 150 FT; S660 FT; TH W 150 FT TO POB. 2.27 A. SECTION 10

Ownership

  • Current Owner : FEDUS ZACHARY RYAN
  • Current Owner 2: VOLKENING MICHELE MARIE
  • Previous Owner : TRACY MARK A
  • Owner Before Previous Owner: BOOKER FISHER W
  • Owner Before Previous Owner 2: BOOKER SMITH TORIL N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Public Schools of Petoskey
  • School Tax School District: PETOSKEY
  • Census Tract: 970600

Zoning

  • Zoning: EC FF-1

Geography

  • District: 1
  • Section: 10
  • Parcel: 01-19-10-400-005
  • Meridian: SEC 10 TWN 34N RNG 05W
  • Municipality: BEAR CREEK TOWNSHIP
  • Latitude: 45.3487
  • Longitude: -84.8974

    Address

  • Full Address: 3501 Shanley Rd
  • Address - House Number: 3501
  • Address - Street Name: Shanley
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Petoskey
  • Carrier Code: R003
  • 4-Digit Zip Code: 9558
  • Zip Code: 49770

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,042
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 67
  • Final Value: 351,729
  • High Value: 433,514
  • Low Value: 269,944

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: 4FRONT CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jan 13, 2021
  • First Open Lien Mortgage Loan Amount: $225,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $276,200
  • Market Land Value: $2,600
  • Market Improvement Value: $273,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,100
  • Assessed Land Value: $1,300
  • Assessed Improvements Value: $136,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Jan 13, 2021
  • Current Sale Transaction ID: 11814570888
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5181959
  • Previous Sale Recording Date: May 23, 2011
  • Previous Sale Contract Date: May 17, 2011
  • Previous Sale Amount: $149,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 4FRONT CREDIT UNION
  • First Mortgage Transaction Date: Jan 13, 2021
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK, NA
  • Previous Mortgage Transaction Date: May 23, 2011
  • Previous Mortgage Loan Amount: $147,992
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2041

About Emmet



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Frequently Asked Questions

What neighborhood is 3501 Shanley Road located in?
The 3501 Shanley Road is a located in the neighborhood of Bear Creek in Emmet, Petoskey.
What is the average sales price for listings in 3501 Shanley Road?
The average sales price for units in 3501 Shanley Road is $0 currently.

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