$900,000
SOLD AUG 29, 2025

1128 Tracy Ln Petoskey, MI 49770

4 Beds
4 Baths
4,360 Sq Ft
2.3 Acres

Recently Sold

$206 Per Sq Ft

3% Below List Price

91 Days on Market

Highlights

  • Second Garage
  • First Floor Utility Room
  • 4 Car Garage
  • Whirlpool Bathtub
  • Walk-In Pantry
  • Thermal Windows

About This Home

As of August 2025

This home has it all, offering a rare opportunity to enjoy private tranquil living close to town. Tucked away on serene 2.3 wooded acres, this stunning and spacious 4-bedroom, 4 en suite bathroom, custom built home is a luxurious retreat. It features high ceilings, large windows, hardwood and tile flooring, multiple French doors, cedar lined walk-in closets, and 2 fireplaces. A beautifully updated kitchen is the heart of the home, featuring modern appliances, granite countertops, ample cabinetry, and a walk-in pantry for extra storage. The home is superb for gatherings with its open living and dining areas, as well as a large wrap around deck that overlooks a peaceful and secluded backyard. The oversized primary bedroom suite is truly an oasis of its own. It is complete with a cozy fireplace, private balcony, and luxurious en-suite bathroom with an oversized whirlpool tub. The home has a large versatile bonus room, as well as a partially finished walkout basement adding to its potential. Have a lot of Northern Michigan recreational toys? This property can house them all with a 3-car heated attached garage plus a secondary 2-car garage with an unfinished bonus room above. There is a large shaded fenced area perfect for kids and pets, and the home is located just 2 miles from a Walloon Lake waterfront park with a boat launch and dock, as well as a few miles from multiple conservancy trails.

Last Agent to Sell the Property

Amanda Conklin

Real Estate One Listed on: 05/30/2025

Real Estate One

Last Buyer's Agent

Katherine Campbell

Berkshire Hathaway HomeServices Real Estate

Berkshire Hathaway HomeServices Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,625

Year Built

  • Built in 2000

Lot Details

  • 2.3 Acre Lot
  • Lot Dimensions are 330 x 300

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 4,360 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Walk-In Pantry
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Garage
  • Second Garage
  • Driveway

Utilities

  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 3-18-23-301-132

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,625

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2000
  • Lvt Date: 05/30/2025
  • Section: 32
  • Second Address Number: 1128
  • Directions: from Intertown, go south on Blackbird, right on Kalchik Rd. left at SECOND Tracy Ln rd. home on right.
  • Price per Sq Ft: 206.42
  • OFFICELIST_STATE: MI
  • Street Designation: Lane
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Features: Cable, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Paved Drive, Range, Refrigerator, Washer, Whirl Pool, Paved Road
  • Total Finished Sq Ft: 4360
  • Master Bedroom: Dimensions: 29 x 15, On Level: Upper
  • Bedroom 2: Dimensions: 19 x 12, On Level: Lower
  • Bedroom 3: Dimensions: 16 x 10, On Level: Upper
  • Bedroom 4: Dimensions: 15 x 9, On Level: Main
  • Total Rooms: 10
  • Basement: Full, Walkout
  • Dining Room: Dimensions: 14 x 10, On Level: Main
  • Kitchen: Dimensions: 19 x 12, On Level: Main
  • Family Room: Dimensions: 19 x 15, On Level: Main
  • Living Room: Dimensions: 19 x 15, On Level: Main
  • Above Grade Finished Sq Ft: 3860
  • Bathroom 1: Dimensions: 9 x 5, On Level: Main
  • Bathroom 2: Dimensions: 17 x 10, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Insulated, Vinyl

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached, Garage-Detached
  • Gar Car Capacity: Four +

Utilities

  • Heat Type: Natural Gas
  • Sewer: Septic
  • Water: Well, Community
  • Water Heater: Natural Gas
  • Well Size Depth: community

Condo/Co-op/Association

  • Association: Yes
  • Fees: 720

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 330 x 300
  • Estimated Number of Acres: 2.3
  • Lot: y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 3-18-23-301-132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Dec 20, 2021
Sold by
Iwrey Robert Wicklund-Iwrey
Bought by
Borowy Tyler James and Borowy Maria Agustina
Seller's Agent
Bernie Schaffer
Harbor Sotheby's International Rlty - Harbor Sprgs
Buyer's Agent
Amanda Conklin
Real Estate One
List Price
$675,000
Sold Price
$670,000
Premium/Discount to List
-$5,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Listed on
Oct 4, 2015
Closed on
Dec 16, 2016
Sold by
Schmidt William and Schmidt Brandie L
Bought by
Iwrey Robert and Wickland Iwrey Laura
Seller's Agent
Barb Shepherd
Harbor Sotheby's International Rlty - Harbor Sprgs
Buyer's Agent
Barb Shepherd
Harbor Sotheby's International Rlty - Harbor Sprgs
List Price
$549,000
Sold Price
$360,000
Premium/Discount to List
-$189,000
-34.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%

Purchase Details

Closed on
Jul 10, 2006
Sold by
Schmidt William and Schmidt William
Bought by
Schmidt William

Purchase Details

Closed on
Oct 15, 2004
Sold by
Schmidt William
Bought by
Schmidt William and Schmidt William

Purchase Details

Closed on
Dec 15, 2000
Sold by
Kalchik Donald Earl and Kalchik Tara
Bought by
Schmidt William and Schmidt Wm

Purchase Details

Closed on
Feb 9, 1999
Bought by
Kalchik Donald Earl and Kalchik Tara
Source: Public Records

Range of Values:

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Average Value
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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
Warranty Deed $670,000 --
Warranty Deed -- None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $230,000 --
Warranty Deed $46,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $248,200 Stand Alone Refi Refinance Of Original Loan
Previous Owner $273,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 Sold $900,000 -2.7% $206 / Sq Ft
05/30/2025 05/30/25 For Sale $925,000 +38.1% $212 / Sq Ft
12/23/2021 12/23/21 Sold $670,000 -0.7% $102 / Sq Ft
10/27/2021 10/27/21 For Sale $675,000 +87.5% $102 / Sq Ft
12/16/2016 12/16/16 Sold $360,000 -34.4% $55 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
10/04/2015 10/04/15 For Sale $549,000 -- $83 / 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 $8,625 $480,100 $480,100 $0
2024 $8,625 $460,700 $460,700 $0
2023 $7,857 $449,000 $449,000 $0
2022 $7,857 $337,300 $337,300 $0
2021 $9,057 $237,800 $237,800 $0
2020 $8,923 $237,500 $237,500 $0
2019 -- $221,100 $221,100 $0
2018 -- $208,000 $208,000 $0
2017 -- $205,300 $205,300 $0
2016 -- $199,800 $199,800 $0
2015 -- $176,400 $0 $0
2014 -- $154,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 476643

Northern Michigan MLS

APN: 13-18-23-301-132