3125 Old Orchard Ln, Petoskey, MI, 49770

Location

Property Highlights

Home TypeVacant Land

MLS #464584

Lot Size0.90 Acres

StatusActive

About 3125 Old Orchard Ln

Grand Ridge, Petoskey's best kept secret! Spectacular views of Lake Michigan and the surrounding countryside. Generous sized lots, with elevations that provide some privacy. Only 23 homesites on 45 acres. Three miles from the heart of Petoskey, and 7 miles to Harbor Springs. Million Dollar Sunsets from these wonderful west facing building sites. Land contract available.

Property Details

Property Features

Listing Office:

Office Name: Graham Real Estate
Listing Agent: Drew Bartlett

Lot Features

Lot Information:

Lot: Electric Fence, Rolling/Hilly
Lot Size: 0.90 Acres

Other

Directions Information:

Directions: US31N, right on Manville Road, left on Country Club Road, left at Grand Ridge entrance. Lot on the right.

Price Information

Listing Price Info

Price Summary:

List Price: $175,000

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Housing Market Comparison

See how this home compares to others in Petoskey, MI.

Petoskey, MI

City

Med. Sold Price

$450K

Med. Price/SqFt

$250

# of Sold Homes

3125 Old Orchard Ln vs Petoskey

636 DAYS ON ROCKET

$175,000

-$275K Less

KEY TAKEAWAY

This property is $275K less than the Median Sold Price in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Number: #464584

Listing Office:

Office Name: Graham Real Estate
Listing Agent: Drew Bartlett

The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2024 NM-MLS. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 9:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	-	$39,300
2020	-	$39,300
2019	-	$39,300
2018	-	$40,500
2017	-	$47,400

History based on county public records data.

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Homeowners Insurance

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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.

Nearby Schools

/10

Ottawa Elementary School
871 Kalamazoo Ave
Distance between this listing and this school2.18 miles
Public Magnet Grades KG-5

/10

Central Elementary School
410 State St
Distance between this listing and this school2.54 miles
Public Magnet Grades KG-5

/10

Sheridan School
1415 Howard St
Distance between this listing and this school2.79 miles
Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

15%

<35k

57%

35k-100k

21%

100k-200k

200k+

What level of education do the neighbors have?

Post Secondary: 66%
High School: 24%
Masters: 9%
Doctorate: 1%

What types of families live nearby?

21%

Single, No Kids

Single, with Kids

39%

Married, No Kids

31%

Married, with Kids

Are the neighbors home owners or renters?

Home Owners: 87%
Renters: 13%

How old are people in this area?

18%

<11 yrs old

12%

12-17 yrs old

13%

18-34 yrs old

46%

35-64 yrs old

11%

65+ yrs old

What do the neighbors do for fun?

Hunting
NASCAR
Figure Skating

Where do the neighbors shop?

Dick's Sporting Goods
Dillards
Wal-Mart

Where do the neighbors go to eat?

Texas Roadhouse
Cracker Barrel
Hardee's

What do the neighbors drive?

Subaru
Cadillac
Ram

What do the neighbors listen to?

New Country
News/Talk/Information
Classic Country

The neighbors living near this home have an average income of $77,985. The most common annual income of people living in Petoskey, MI is between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3125 Old Orchard Ln

What is the listing price of this property?

The listing price of 3125 Old Orchard Ln property is $175,000.

What type of property is this?

The property 3125 Old Orchard Ln is land located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 3125 Old Orchard Ln is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 3125 Old Orchard Ln is 0.90 acres.

Interested in 3125 Old Orchard Ln? Let's connect.

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Rocket Homes›Michigan›Emmet County›Petoskey›49770›3125 Old Orchard Ln

This home is located at 3125 Old Orchard Ln in Petoskey, MI and zip code 49770. This home sits on a 0.90 acre lot. It has been listed on Rocket Homes since March 09, 2023 and is currently priced at $175,000.

In November 2024, from all listings sold in Petoskey, MI there were more than 5 sold above asking price, over 12 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Petoskey, MI between October 2024 and November 2024 decreased by 9.2%.

Location

Property Highlights

Property Details

Property Features

Lot Features

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Tax History

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

Frequently Asked Questions About 3125 Old Orchard Ln

More Resources

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Housing Market Reports in Emmet County