Terrific opportunity for a home and/or home business just outside of Petoskey city limits! Spacious 2+ bedroom, 1½ bath home with attached, approximately 3200 sq. foot, heated, shop/storage area and an additional detached 3 car heated garage. The home features mid-century modern design, large eat-in kitchen, generous living area with stone fireplace, two large bedrooms, and a bonus room that could be used as office (separate entrance), den, or spare bedroom. Shop area and garage have been used as a plasterers and painters space in prior years. Lots of potential for many other uses and businesses. The home would work well as a primary residence, rental, and/or potentially employee housing- conversion of the shop into additional finished living space is another possibility.
Property Details
Property Features
Property Information:
Living Area: 1,320 SqFt
Listing Office:
Office Name: Alpine Realty Group
Listing Agent: Tammy Hutchinson
Interior Features
Interior Information:
Appliances: Dryer, Range, Refrigerator, Washer
Basement: Yes
Interior: Cable, Patio, Wood Stove
Fireplace: Wood Burning Fireplace, Wood Stove
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Exterior: Patio
Parking Information:
Garage Space: 4 spaces
Attached Garage: Yes
Parking: Garage-Attached, Garage-Detached
Lot Features
Lot Information:
Lot: Paved
Lot Size: 0.35 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Wood, Baseboard
Other
Directions Information:
Directions: US 31 N to Sheridan, left, property is on the corner of Sheridan and Eppler.
Price Information
Listing Price Info
Price Summary:
List Price: $335,000
Price Per SqFt: $254/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Petoskey, MI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,739
Per Month
Principal & Interest
$1,672
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,071
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Lincoln School
616 Connable Ave
Distance between this listing and this school0.97 miles
Public Magnet Grades KG-5
8
/10
Sheridan School
1415 Howard St
Distance between this listing and this school1.51 miles
Public Magnet Grades KG-5
7
/10
Central Elementary School
410 State St
Distance between this listing and this school1.63 miles
Public Magnet Grades KG-5
Nearby Schools
7
/10
Petoskey Middle School
801 Northmen Dr
Distance between this listing and this school2.68 miles
Public Magnet Grades 6-8
6
/10
Harbor Springs Middle School
800 State St
Distance between this listing and this school5.08 miles
Public District Grades 5-8
6
/10
Boyne City Middle School
1025 Boyne Ave
Distance between this listing and this school10.74 miles
Public District Grades 5-8
Nearby Schools
8
/10
Petoskey High School
1500 Hill St
Distance between this listing and this school2.46 miles
Public Magnet Grades 9-12
6
/10
Concord Academy Petoskey
2468 Atkins Rd
Distance between this listing and this school3.30 miles
Public Charter Grades KG-12
6
/10
Harbor Springs High School
500 N Spring St
Distance between this listing and this school4.81 miles
The neighbors living near this home have an average income of $72,030. Most Petoskey, MI residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1020 Eppler Rd
What is the listing price of this property?
The listing price of 1020 Eppler Rd property is $335,000.
What type of property is this?
The property 1020 Eppler Rd is a house located in Petoskey, Michigan, 49770.
Is this property for sale now?
Active Listing: 1020 Eppler Rd is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1020 Eppler Rd has 3 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 1020 Eppler Rd is 1,320 SqFt (source: MLS/tax record).
This home is located at 1020 Eppler Rd in Petoskey, MI and zip code 49770. This 1,320 square foot home sits on a 0.35 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $335,000.
In November 2024 more than 5 listings in Petoskey, MI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 12 were sold below. The inventory of homes for sale in Petoskey, MI between October 2024 and November 2024 decreased by 9.2%.
From Rocket Homes Real Estate and based on county public records data.