NOT LISTED FOR SALE

201 Sunset Ave Petoskey, MI 49770

Estimated Value: $847,000 - $1,123,000

4 Beds
3 Baths
3,000 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $805,000 $268 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,923/month

61 Days on Market

Highlights

  • Sauna
  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • Lower Floor Utility Room

About This Home

As of December 2024

Introducing 201 Sunset, a mid-century classic nestled atop a sun-filled bluff within walking distance of the charming Gaslight District in Petoskey. Located in the highly sought-after "Pill Hill" neighborhood (as referred to by locals), this residence is surrounded by all the offerings of downtown, as well as an abundance of outdoor recreation. Enjoy short walks to the million-dollar sunsets at Waterfront Park, Little Traverse Wheelway, and Bay View Nature trails. The spacious, light-filled lot and inviting outdoor spaces extend the living area outdoors, blending indoor and outdoor environments perfect for entertaining. The home was built in the 1950s with an open floor concept in mind. The main level offers 1,600 square feet of living space, featuring 3 beds, 2 baths, hardwood flooring, vaulted ceilings, expansive windows, a cozy wood-burning stove, and a fireplace. The living, kitchen, and dining areas flow into one another and are reminiscent of the simplicity and functionality this time period is known for. The lower level expands your living options with two generous rooms that can serve as additional bedrooms (or additional living space for guests), an extra bathroom, a sauna, a workshop, and ample storage. Meticulously maintained and thoughtfully updated, the home now shines with impactful improvements enhancing its charm and functionality. Recent upgrades include a new roof in 2019, new A/C unit, updated flooring, fresh paint, and wool carpet. The exterior is equally impressive, featuring a new irrigation system, extensive landscaping (including a new porcelain walkway and patio), new fence, new gutters, a potting shed, and an oversized two-car garage. Mature hedges and a new fence provide privacy, all while enjoying the convenience of in-town living close to schools, McLaren Hospital, and downtown Petoskey. This unique property offers an unparalleled opportunity to own a piece of mid-century history in an ideal location.

Last Agent to Sell the Property

Wally Kidd

Kidd & Leavy Real Estate Co. LLC Listed on: 10/16/2024

Co-Listed By

Thomas Kidd

Kidd & Leavy Real Estate Co. LLC

Last Buyer's Agent

Trish Hartwick

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

Home Details

Home Type

  • Single Family

Lot Details

  • Sprinkler System
  • Property is zoned COP R-1

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Sauna
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-16-32-380-030

Home Details

Home Type

Single Family

Lot Details

0.37 Acres

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 10/16/2024
  • Section: 32
  • Second Address Number: 201
  • Directions: Take Arlington to Grand Avenue to Sunset, home is on the left.
  • OFFICELIST_STATE: MI
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Patio, Paved Drive, Range, Refrigerator, Sauna, Sprinkler System, Wood Fireplace, Wood Floors, Wood Stove, Paved Road
  • Total Finished Sq Ft: 3000
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Lower
  • Basement: Full, Finished
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1616
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: On Level: Lower
  • Rooms 2: On Level: Lower

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two and Half

Utilities

  • Heat Type: Natural Gas, Forced Air, Wood, Hot Water Baseboard
  • Sewer: City
  • Water: City

Schools

  • School District: Petoskey

Lot Info

  • Zoning: COP R-1

Tax Info

  • Assessor Parcel Number: 52-16-32-380-030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2015
Closed on
Apr 8, 2016
Sold by
Lagerstrom Thomas R and Griffin Mary Anne
Bought by
Broz Marko and Broz Tammy
Seller's Agent
Amy McCafferty
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Amy McCafferty
Coldwell Banker Schmidt - Petoskey
List Price
$355,000
Sold Price
$335,000
Premium/Discount to List
-$20,000
-5.63%
Current Estimated Value
$941,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,214
Avg. Annual Appreciation
11.05%
Original Mortgage
$271,350
Outstanding Balance
$214,986
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$726,228

Purchase Details

Closed on
Dec 17, 1998
Sold by
Smith Wayne R and Smith Carolyn S
Bought by
Lagerstrom Thomas R and Lagerstrom Griffin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Broz Marko $335,000 Title Resource Agency
Lagerstrom Thomas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broz Marko $271,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $805,000 +0.8% $268 / Sq Ft
11/21/2024 11/21/24 Price Changed $799,000 -7.6% $266 / Sq Ft
10/16/2024 10/16/24 For Sale $865,000 +8.1% $288 / Sq Ft
04/18/2024 04/18/24 Sold $800,000 -5.8% $267 / Sq Ft View Prior Sale
03/02/2024 03/02/24 For Sale $849,000 +19.6% $283 / Sq Ft
05/05/2022 05/05/22 Sold $710,000 +1.4% $237 / Sq Ft View Prior Sale
04/14/2022 04/14/22 For Sale $699,900 +108.9% $233 / Sq Ft
04/08/2016 04/08/16 Sold $335,000 -5.6% $104 / Sq Ft View Prior Sale
02/26/2016 02/26/16 Pending -- -- --
08/17/2015 08/17/15 For Sale $355,000 -- $110 / Sq Ft
Source: Northern Michigan MLS

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 $12,905 $435,300 $435,300 $0
2024 $188 $389,500 $389,500 $0
2023 $6,422 $356,300 $356,300 $0
2022 $6,422 $311,000 $311,000 $0
2021 $6,250 $299,200 $299,200 $0
2020 $6,318 $266,900 $266,900 $0
2019 -- $203,300 $203,300 $0
2018 -- $198,000 $198,000 $0
2017 -- $165,000 $165,000 $0
2016 -- $204,100 $204,100 $0
2015 -- $147,100 $0 $0
2014 -- $147,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 475167

Northern Michigan MLS

APN: 52-16-32-380-030

Your Personal Tour Guide

Ask me questions while you tour the home.