$519,400
SOLD AUG 25, 2025

1028 Hoffman St Petoskey, MI 49770

3 Beds
2 Baths
1,616 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$321 Per Sq Ft

49 Days on Market

Highlights

  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Brick or Stone Mason
  • Wood Flooring
  • 1 Car Attached Garage
  • Patio

About This Home

As of August 2025

Meticulously maintained home and grounds crafted on an oversized, extremely private lot, making this brick ranch your ideal Northern Michigan landing spot close to town, schools, shopping, pickleball courts, Petoskey's Winter Sports, and the Bayview Woods 172-acre conservancy. Whether you are a young professional, a budding family, a weekend warrior, or a retiree, this condominium alternative checks the boxes of that completely redone property you need, in a location for you to thrive. Outside has been completely renovated in the last 5 years with easily managed hardscape and low maintenance (irrigated) vegetation, the south-facing fenced back yard gives you year-round sunshine, which is especially important on the shorter days of winter, and wow, is it a private little oasis with high cedars on the west side of the property and no neighbors visible giving you an UpNorth feel yet still walkable to town. Inside is just an extension of the backyard with a wall of south-facing windows framing the dramatic, vaulted ceiling, family/dining area that the current owners have always been drawn to for indoor/outdoor entertaining, reading, or simply enjoying morning coffee. But that isn't all, there's a formal living area in the front of the home offering an additional living space to get away from that beloved family member if you need to... 3 bedrooms, 2 full bathrooms, and an awesome kitchen in the middle of the home complete this efficient use of space all on one floor and in move in ready condition. So, if you're looking to enjoy downtown Petoskey living and want to bring just your clothes and furnishings to start living the good life on the shores of Little Traverse Bay, come see why 1028 Hoffman Street is perfect house in the ideal location to realize what has attracted year-round and Resorters for the last 150 years. Far away from the strip malls and traffic, surrounded by nature and the magic of Lake Michigan and the inland lakes that surround this beautiful area.

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 07/07/2025

Last Buyer's Agent

Cindy Blasius

McCune & Company

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 90 x 103
  • Sprinkler System

Home Design

  • Brick or Stone Mason
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,616 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Block Basement Construction

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-401-003

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1965
  • Lvt Date: 07/07/2025
  • Section: 5
  • Second Address Number: 1028
  • Directions: From Downtown Petoskey, take Mitchell Street east, turn right onto Kalamazoo, and then turn left onto Hoffman. 1028 Hoffman is on your right.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Features: Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Dishwasher, Dryer, Gas Fireplace, Mini Blinds, Patio, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Wood Floors, Paved Road
  • Total Finished Sq Ft: 1616
  • Master Bedroom: Dimensions: 13 x 12, On Level: Main
  • Bedroom 2: Dimensions: 13 x 10, On Level: Main
  • Bedroom 3: Dimensions: 14 x 10, On Level: Main
  • Bedroom 4: On Level: N/A
  • Basement: Block
  • Dining Room: Dimensions: combo, On Level: Main
  • Kitchen: Dimensions: 13 x 13, On Level: Main
  • Family Room: Dimensions: 26 x 18, On Level: Main
  • Living Room: Dimensions: 20.5 x 13, On Level: Main
  • Above Grade Finished Sq Ft: 1616
  • Bathroom 1: Dimensions: 7.5 x 6, On Level: Main
  • Bathroom 2: Dimensions: 9 x 8, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Brick, Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: One and Half

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 90 x 103
  • Lot: y
  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 52-19-05-401-003

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2017
Sold by
Parrott Paul F
Bought by
Parrott Paul F and Zahm Tammy L
Current Estimated Value
$516,630

Purchase Details

Listed on
Jan 9, 2017
Closed on
Feb 13, 2017
Sold by
Raikko Jodi R
Bought by
Parrott Paul F
Seller's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$245,000
Sold Price
$215,000
Premium/Discount to List
-$30,000
-12.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%

Purchase Details

Closed on
Nov 15, 2010
Sold by
Peterson Theresa Louise
Bought by
Raikko Jodi R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.17%

Purchase Details

Closed on
Sep 22, 2004
Sold by
Vernon Paul A
Bought by
Peterson Theresa Louise

Purchase Details

Closed on
Dec 1, 1988
Bought by
Vernon Rps
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed -- Devon Title Agency
Warranty Deed $132,000 --
Warranty Deed $167,900 --
Quit Claim Deed -- --
Warranty Deed $66,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $132,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2025 08/25/25 Sold $519,400 0.0% $321 / Sq Ft
07/07/2025 07/07/25 For Sale $519,400 +141.6% $321 / Sq Ft
02/14/2017 02/14/17 Sold $215,000 -12.2% $124 / Sq Ft View Prior Sale
01/27/2017 01/27/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $245,000 -- $141 / Sq Ft
Source: Northern Michigan MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,202 $233,400 $233,400 $0
2024 $40 $198,200 $198,200 $0
2023 $3,854 $171,100 $171,100 $0
2022 $3,854 $161,500 $161,500 $0
2021 $3,751 $143,100 $143,100 $0
2020 $3,792 $118,800 $118,800 $0
2019 -- $116,500 $116,500 $0
2018 -- $101,100 $101,100 $0
2017 -- $92,500 $92,500 $0
2016 -- $83,800 $83,800 $0
2015 -- $80,900 $0 $0
2014 -- $74,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 477079

Northern Michigan MLS

APN: 52-19-05-401-003