$568,847
$81K PRICE DROP

1124 E Mitchell St Petoskey, MI 49770

Estimated payment $3,418/month

Total Views 17,660
0.5 Acre
$1,137,694 Price per Acre
21,780 Sq Ft Lot

Highlights

  • Main Floor Primary Bedroom
  • First Floor Utility Room
  • Patio
  • No HOA
  • 2 Car Detached Garage
  • Living Room

About This Lot

MOTIVATED! BRING OFFERS AND move in in time to experience the delightful tradition and fun of passing out candy on Halloween at Mitchell Street! The sellers are ready to give a lucky buyer an amazing buy on this quaint year around cottage in sought-after Petoskey! Located on one of the most historic streets this fully renovated 4BR, 2BA home blends timeless charm with today's most desired updates. Enjoy a bright farmhouse-style kitchen with stainless appliances, shiplap, and Chicago brick tile, plus a main-floor primary suite and all-new mechanicals. The rare half-acre lot offers a private downtown space with room to garden, entertain, or simply relax. Strolling walkways lead to boutique shops, access to the arts and entertaining music, eclectic dining choices and unique watering holes. The rare half-acre lot offers a private downtown space with room to garden, entertain, or relax. Strolling walkways lead to boutique shops, access to the arts, entertaining music, eclectic dining choices, and unique watering holes. Need extra storage? There is ample space in the Michigan-style basement and the two-car garage. The sellers are having the basement area that has some seepage professionally addressed and repaired with a warranty for the new buyer. This meticulously renovated downtown haven is truly a special find. Don't miss this incredible opportunity to experience the very best of Petoskey living, it's waiting for you!

Listing Agent

Team Martinchek

Berkshire Hathaway HomeServices-Cheboygan Brokerage Email: audreymartinchek@bhhsmi.com License #6506043613 Listed on: 07/03/2025

Berkshire Hathaway HomeServices-Cheboygan

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,072

Year Built

  • Built in 1920

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 84 x 415
  • Fenced
  • Landscaped

Home Design

  • Frame Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Basement

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Schools

  • Petoskey Elementary School
  • Petoskey High School

Utilities

  • Forced Air Heating System
  • Municipal Utilities District Sewer

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-200-024
  • Tax Block Sec 5

Community Details

Overview

  • No Home Owners Association
  • T34n R5w Subdivision

Recreation

  • Patio

Property Details

Property Type

Land

Est. Annual Taxes

$5,072

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: From downtown Petoskey, head east on E Mitchell, go past Kalamazoo Ave., house on the right.
  • Garage Yn: Yes
  • Lot Size: 84 x 415
  • Prop. Type: Residential-Single Family
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: Upper
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • Year Built: 1920
  • Attribution Contact: audreymartinchek@bhhsmi.com
  • PropertySubType: Residential Lot
  • Road Frontage Type: None
  • ResoLaundryFeatures: Main Level
  • Lot Size Acres: 0.5
  • Road Surface Type: Paved, Maintained
  • NAV29_Unit_1_Appliances: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Range/Oven, Washer
  • Co List Office Phone: 231-627-7186
  • MLS Status: Active
  • Subdivision Name: T34N R5W
  • Above Grade Finished Sq Ft: 1500.0
  • ResoBuildingAreaSource: Old MLS
  • Contract Information:Short Sale: No
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: 2+ Story
  • Property Information Construction: Frame
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Basement: Michigan/Utility
  • Interior Amenities: Ceiling Fan, Doorwall, 1st Flr Master Bdrm
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: upper
  • Utility Room Level: 1st
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Fence, Landscaped, Patio/Porch, Paved Driveways
  • Foundation Details: Basement

Garage/Parking

  • Property Information:Garage Stall2: 2
  • Property Information:Garage Type2: Detached/UN

Utilities

  • Sewer: Municipal
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes

Association/Amenities

  • TaxesAndPossessionAssociationDues: No

Schools

  • Elementary School: Petoskey
  • Junior High Dist: Petoskey
  • High School: Petoskey

Lot Info

  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 52-19-05-200-024

Tax Info

  • Tax Block: Sec 5

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,072 $111,100 $111,100 $0
2024 $5,072 $101,200 $101,200 $0
2023 $1,616 $91,700 $91,700 $0
2022 $1,616 $77,400 $77,400 $0
2021 $1,573 $73,200 $73,200 $0
2020 $1,590 $61,800 $61,800 $0
2019 -- $58,900 $58,900 $0
2018 -- $57,700 $57,700 $0
2017 -- $56,500 $56,500 $0
2016 -- $57,000 $57,000 $0
2015 -- $52,300 $0 $0
2014 -- $52,300 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2025 11/22/25 Price Changed $568,847 -5.0% $379 / Sq Ft
09/22/2025 09/22/25 Price Changed $599,000 -7.8% $399 / Sq Ft
07/03/2025 07/03/25 For Sale $649,999 +152.9% $433 / Sq Ft
12/01/2022 12/01/22 Sold $257,000 +2.8% $171 / Sq Ft View Prior Sale
10/21/2022 10/21/22 For Sale $250,000 -- $167 / Sq Ft
Source: Water Wonderland Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $97,000 --
Deed $122,900 --
Sheriffs Deed $122,934 --
Warranty Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,090 No Value Available
Source: Public Records

Source: Water Wonderland Board of REALTORS®

MLS Number: 201835700

Water Wonderland Board of REALTORS®

APN: 52-19-05-200-024