NOT LISTED FOR SALE

285 Skyline Dr Petoskey, MI 49770

Estimated Value: $598,764 - $649,000

5 Beds
3 Baths
1,400 Sq Ft
$449/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2025

Last sale price $650,000 $464 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,066 / mo

107 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Forced Air Heating and Cooling System
  • Stainless Steel Appliances
  • 2 Car Attached Garage

About This Home

As of August 2025

Stunning Countryside Retreat in Petoskey Nestled on 1.32 acres in a peaceful cul-de-sac just minutes from downtown Petoskey, this exceptional bi-level home offers a rare blend of modern convenience, timeless charm, and breathtaking natural beauty. With its prime location in one of Petoskey’s most sought-after neighborhoods, this home is perfectly positioned to provide both privacy and accessibility, offering a tranquil escape without sacrificing proximity to shopping, dining, and recreation. Step inside to discover a bright, airy living space where cathedral ceilings soar, and an open floor plan creates an inviting atmosphere. The gourmet kitchen, adorned with granite countertops and stainless steel appliances, flows seamlessly into the main living area, making it perfect for both everyday living and entertaining. The home boasts five spacious bedrooms and three full bathrooms, ensuring plenty of room for family and guests. Beyond its stylish interiors, this home is designed for both comfort and functionality. A heated attached garage provides year-round convenience, while the detached garage with a workshop offers additional storage and workspace for hobbies or projects. Recent updates, including all-new mechanicals (2018) and a brand-new roof (2023), ensure long-term peace of mind. The professionally landscaped yard, complemented by a paved driveway and a full backyard fence, offers both curb appeal and security. A sprinkler system, installed in 2019, keeps the grounds lush and green throughout the seasons. With no HOA restrictions and a setting that captures the very best of Northern Michigan living, this home presents an unparalleled opportunity for those seeking space, style, and serenity. Schedule your private tour today and experience this stunning countryside retreat for yourself!

Last Agent to Sell the Property

Dean Bach

@properties Christie's Int'l R.E. Birmingham License #6501434840 Listed on: 03/24/2025

@properties Christie's Int'l R.E. Birmingham

Last Buyer's Agent

David Shuman

License #6502374834

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 1.32 Acre Lot
  • Lot Dimensions are 271.6x124.7x127x243.6x215
  • Cul-De-Sac
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • 1,400 Sq Ft Home
  • Split Level Home
  • Bi-Level Home
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Mid level unit with steps

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater

Additional Features

  • Finished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 011901201016

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,801

Year Built

Built in 1998

Lot Details

1.32 Acres

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Bi-Level
  • Year Built: 1998
  • State Equalized Value: 216700.0000
  • Entry Location: Mid Level w/Steps
  • AgentOnly_ListPriceByAcre: 515151.5100
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Vented Exhaust Fan, Dishwasher, Disposal, Dryer, Free-Standing Gas Oven, Free-Standing Gas Range, Free-Standing Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Total Sq Ft: 1400

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Road Frontage Type: Paved, Cul-De-Sac
  • Fencing: Back Yard

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Propane
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Lot Size Area: 1.32
  • Lot Dimensions: 271.6x124.7x127x243.6x215
  • Parcel Number: 011901201016

Tax Info

  • Tax Amount Summer: 2248.9800
  • Tax Amount Winter: 6552.2000
  • Total Tax: 8801.1800

MLS Schools

  • School District: Petoskey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2025
Closed on
Aug 8, 2025
Sold by
Vernor V James V and Vernor Pampreen
Bought by
Gerathy David P and Gerathy Stephanie
Seller's Agent
Dean Bach
@properties Christie's Int'l R.E. Birmingham
Buyer's Agent
David Shuman
List Price
$680,000
Sold Price
$650,000
Premium/Discount to List
-$30,000
-4.41%
Views
148
Current Estimated Value
$628,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,309
Avg. Annual Appreciation
-4.46%
Original Mortgage
$526,500
Outstanding Balance
$525,585
Interest Rate
6.72%
Estimated Equity
$103,106

Purchase Details

Closed on
Apr 22, 2015
Sold by
Steffel Donald Jay and Steffel Mary Patricia
Bought by
Bearup Chandler J and Bearup Lynette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
3.68%
Mortgage Type
VA

Purchase Details

Closed on
Jun 13, 2008
Sold by
Bearup Chandler J and Bearup Lynette
Bought by
Vernor James and Pampreen-Bernor Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 1996
Bought by
Steffel New Pta/Rps
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerathy David P $650,000 --
Bearup Chandler J $273,000 Talon Title Agency
Vernor James -- --
Steffel New Pta/Rps $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerathy David P $526,500
Previous Owner Bearup Chandler J $273,000
Previous Owner Vernor James $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $650,000 -4.4% $464 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
03/24/2025 03/24/25 For Sale $680,000 -- $486 / Sq Ft
Source: Realcomp

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 $8,801 $272,400 $272,400 $0
2024 $84 $255,900 $255,900 $0
2023 $8,006 $216,700 $216,700 $0
2022 $8,006 $194,100 $194,100 $0
2021 $7,747 $187,700 $187,700 $0
2020 $7,620 $177,700 $177,700 $0
2019 $3,951 $175,300 $175,300 $0
2018 -- $0 $0 $0
2017 -- $0 $0 $0
2016 -- $0 $0 $0
2015 -- $123,200 $0 $0
2014 $2,569 $114,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20250019719

Realcomp

APN: 01-19-01-201-016

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