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872 Country Lane

872 Country Lane, Petoskey, MI 49770
Property in Resort
Sold May 13, 2014
$222,500
$217,745 by Traverse City State Bank
Mortgage Due Jun 01, 2044
Sold Jan 01, 1992
$152,500
Buyer
This has been categorized as a residential property type. In total, the area measurement of the land is 15,249 square feet.

Learn more about the property and building on this page. The property was last sold in May 8, 2014 for $222,500. Prior to that sales transaction, the property was also sold in Jan 1, 1992 for $152,500. 872 Country Lane was last assessed in 2023. The total value of the property was assessed at $225,300. Specifically, the land the property is located on was valued at $225,300. 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 $3,022. 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
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,249
  • 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: PARKVIEW ACRES NO 2
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT OF PARK VIEW ACRES #2, LOT 41. SECTION 2, T34N, R6W

Ownership

  • Current Owner : SHANANAQUET DENNIS J
  • Current Owner 2: SHANANAQUET ANDREA
  • Previous Owner : FANG FANG
  • Previous Owner 2: FENG CHIU MEI HSU
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RT R-1

Geography

  • District: 13
  • Section: 2
  • Parcel: 13-18-02-451-012
  • Lot: 41
  • Meridian: SEC 02 TWN 34N RNG 06W
  • Municipality: RESORT TOWNSHIP
  • Latitude: 45.3649
  • Longitude: -85.0011

    Address

  • Full Address: 872 Country Ln
  • Address - House Number: 872
  • Address - Street Name: Country
  • Address - Suffix Type: Ln
  • State: MI
  • City Name: Petoskey
  • Carrier Code: R007
  • 4-Digit Zip Code: 9717
  • Zip Code: 49770

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,022
  • Tax Rate Code Area: 13

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 67
  • Final Value: 482,854
  • High Value: 595,128
  • Low Value: 370,579

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $237,745
  • First Open Lien Mortgage Lender: TRAVERSE CITY STATE BANK
  • First Open Lien Mortgage Recording Date: May 13, 2014
  • First Open Lien Mortgage Loan Amount: $217,745
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2044
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jun 22, 2022
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Third Open Lien Mortgage Lender: US DEPARTMENT OF HOUSING AND U
  • Third Open Lien Mortgage Recording Date: Jun 22, 2022
  • Third Open Lien Mortgage Loan Amount: $10,000
  • Third Open Lien Mortgage Term: 108
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: May 01, 2031

    Market Valuation

  • Market Total Value: $450,600
  • Market Land Value: $450,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,300
  • Assessed Land Value: $225,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 08, 2014
  • Current Sale Recording Date: May 13, 2014
  • Current Sale Transaction ID: 1184582384
  • Current Sale Price: $222,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5119257
  • Previous Sale Recording Date: Jan 01, 1992
  • Previous Sale Contract Date: Jan 01, 1992
  • Previous Sale Amount: $152,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRAVERSE CITY STATE BANK
  • First Mortgage Transaction Date: May 13, 2014
  • First Mortgage Loan Amount: $217,745
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2044

About Emmet



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Frequently Asked Questions

What neighborhood is 872 Country Lane located in?
The 872 Country Lane is a located in the neighborhood of Resort in Emmet, Petoskey.
What is the average sales price for listings in 872 Country Lane?
The average sales price for units in 872 Country Lane is $0 currently.

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