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8806 Spring Ridge Dr

Petoskey, MI 49770

4 bd 4 ba 1,920 sqft Built 2005 Lot 25,518 sqft condo
Most recent sale
$392,000
Aug 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Sold $392,000 Public Record
Jun 17, 2022 Listed $379,900 MLS #468583
Nov 6, 2019 Price changed $257,900 MLS #460464
Oct 11, 2019 Listed $259,900 MLS #460464
Oct 3, 2019 Listed $259,900 MLS #460400
Jun 4, 2008 Sold $215,000 Public Record
Mar 28, 2007 Sold $205,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $123,800 $2,340
2012 $81,700 $1,998
2011 $84,800 $2,086
2010 $87,000 $2,136

Property facts

Year built
2005
Property type
condo
Stories
Beds
4
Baths
4
Living area
1,920 sqft
Lot size
25,518 sqft
ZIP code
49770
City
Petoskey
Street
Spring Ridge Dr
Coordinates
45.37060, -84.78961

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,880
Gross rental yield
8.82%
Implied cap rate
5.73%
Trend-extrapolated value

Frequently asked questions

When did 8806 Spring Ridge Dr last sell?
8806 Spring Ridge Dr most recently sold on Aug 23, 2022 for $392,000.
What is the current tax assessment for 8806 Spring Ridge Dr?
The most recent total assessment for 8806 Spring Ridge Dr (year 2020) is $123,800 with $2,340 in property tax.
How does 8806 Spring Ridge Dr's assessment compare to its last sale price?
The current assessment is 68.4% below the last sale price of $392,000.
When was 8806 Spring Ridge Dr built?
8806 Spring Ridge Dr was built in 2005.
How does 8806 Spring Ridge Dr compare to others on Spring Ridge Dr?
We track 8 other properties on Spring Ridge Dr. Browse the list under "Other properties on Spring Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 8806 Spring Ridge Dr?
8806 Spring Ridge Dr is a 4 bed, 4 bath, 1,920 sqft, 25,518 sqft lot condo.
Is 8806 Spring Ridge Dr a flip candidate?
No — 8806 Spring Ridge Dr does not appear in our flips dataset.
Is 8806 Spring Ridge Dr a tax-appeal candidate?
No — 8806 Spring Ridge Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.4%
2026 Q3
$410.1K
2026 Q4
$415.1K
ZIP 49770 — Median Price History + Forecast

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