NOT LISTED FOR SALE

114 State St Petoskey, MI 49770

Estimated Value: $503,000 - $595,000

4 Beds
2 Baths
2,416 Sq Ft
$226/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $450,000 $186 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,658/month

147 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Patio
  • Wood Burning Stove
  • 1 Car Detached Garage
  • 3-minute walk to Bear River Park

About This Home

As of December 2023

Wouldn't you love to live within walking distance to all of what downtown Petoskey offers? Close to the waterfront, restaurants, and all of the activities that go on in downtown. Then this beautiful home could be for you. Featuring 4 bedrooms, a large living room and dining room, and a great kitchen that overlooks the expansive fenced backyard with flowers and bloom and will dazzle you through the summer and into the fall. Or you may want to just lounge on the great covered porch and watch the world go by. All in all - this could be the home for you - don't miss out.

Last Agent to Sell the Property

Sharon Pressey

Coldwell Banker Schmidt - Petoskey Listed on: 07/10/2023

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Danielle Boyd

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 62 x 145
  • Property is zoned 401

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,416 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Partial Basement
  • Block Basement Construction

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-276-034

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/30/2023
  • Section: 6
  • Second Address Number: 114
  • Directions: Main Street to Emmet turn right on Lake Street
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Stove
  • Total Finished Sq Ft: 2416
  • Master Bedroom: Dimensions: 12 x 12, On Level: Upper
  • Bedroom 2: Dimensions: 9.6 x 10, On Level: Upper
  • Bedroom 3: Dimensions: 10 x 14, On Level: Upper
  • Bedroom 4: Dimensions: 12 x 10, On Level: Upper
  • Basement: Michigan, Block, Partial
  • Dining Room: Dimensions: 13 x 17, On Level: Main
  • Kitchen: Dimensions: 12 x 12, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 13 x 25 + 8 x 10, On Level: Main
  • Above Grade Finished Sq Ft: 2416
  • Bathroom 1: Dimensions: 6 x 8, On Level: Main
  • Bathroom 2: Dimensions: 10 x 5, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: 10.6 x 9.5 Sewing, On Level: Upper
  • Rooms 2: Dimensions: 12 x 15 Library, On Level: Main

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: One

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 62 x 145
  • Lot: Y
  • Zoning: 401

Tax Info

  • Assessor Parcel Number: 52-19-06-276-034

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2000
Sold by
Powers Donald H and Powers Kelly M
Bought by
Forster Peter D and Forster Dianne S
Current Estimated Value
$546,831

Purchase Details

Closed on
Apr 1, 1991
Bought by
Powers
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Forster Peter D $150,000 --
Powers $60,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2023 12/04/23 Sold $450,000 -9.8% $186 / Sq Ft
08/19/2023 08/19/23 Price Changed $499,000 -5.0% $207 / Sq Ft
08/10/2023 08/10/23 Price Changed $525,000 -4.5% $217 / Sq Ft
07/10/2023 07/10/23 For Sale $550,000 -- $228 / 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 $9,592 $205,800 $205,800 $0
2024 $29 $182,100 $182,100 $0
2023 $2,785 $146,000 $146,000 $0
2022 $2,785 $135,500 $135,500 $0
2021 $2,710 $127,800 $127,800 $0
2020 $2,740 $103,600 $103,600 $0
2019 -- $101,400 $101,400 $0
2018 -- $90,000 $90,000 $0
2017 -- $104,300 $104,300 $0
2016 -- $99,900 $99,900 $0
2015 -- $93,400 $0 $0
2014 -- $82,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 471501

Northern Michigan MLS

APN: 52-19-06-276-034