NOT LISTED FOR SALE

285 Skyline Rd Petoskey, MI 49770

Estimated Value: $642,175 - $662,000

5 Beds
3 Baths
2,754 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 14, 2018

Last sale price $320,000 $116 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,143/month

407 Days on Market

Highlights

  • Second Garage
  • Cathedral Ceiling
  • Whirlpool Bathtub
  • Deck
  • Main Floor Primary Bedroom
  • Lower Floor Utility Room

About This Home

As of June 2018

Skyline Drive has become one of Petoskey's finest family neighborhoods! Just minutes from downtown, this neighborhood is surrounded with northern Michigan's beautiful countryside views. Situated on an oversized lot, this home is equipped with an open floor plan, vaulted ceilings, stainless steel appliances, and granite counter tops! 5 bedrooms, 3 bathrooms, and two garages create ample space for all of your needs. There is a workshop in the detached garage and the lawn has been professionally landscaped!

Last Agent to Sell the Property

John Russell

Kidd & Leavy Real Estate Co. LLC Listed on: 03/08/2017

Last Buyer's Agent

Ciara Cooper

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 1.6 Acre Lot
  • Lot Dimensions are 246x242

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,754 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Blinds
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Second Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 01-19-01-201-016

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1998
  • Lvt Date: 03/08/2017
  • Section: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Features: Built In Microwave, Cathedral Ceilings, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Mini Blinds, Paved Drive, Range, Refrigerator, Washer, Whirl Pool
  • Total Finished Sq Ft: 2754
  • Master Bedroom: Dimensions: 13x16, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 12x14.6, On Level: Lower
  • Bedroom 4: Dimensions: 12x14.6, On Level: Lower
  • Basement: Full, Finished
  • Dining Room: Dimensions: 9x10, On Level: Main
  • Kitchen: Dimensions: 10x13, On Level: Main
  • Family Room: Dimensions: 12x20, On Level: Lower
  • Living Room: Dimensions: 14.6x16, On Level: Main
  • Above Grade Finished Sq Ft: 1400
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Lower
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: 14x15.7, On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Attached, Garage-Detached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas, 52 Gal

Lot Info

  • Estimated Lot Dimensions: 246x242
  • Estimated Number of Acres: 1.6
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 01-19-01-201-016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Vernor V James V and Vernor Pampreen
Bought by
Gerathy David P and Gerathy Stephanie
Current Estimated Value
$650,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Outstanding Balance
$525,585
Interest Rate
6.72%
Estimated Equity
$125,209

Purchase Details

Listed on
Jul 16, 2014
Closed on
Apr 22, 2015
Sold by
Steffel Donald Jay and Steffel Mary Patricia
Bought by
Bearup Chandler J and Bearup Lynette
Seller's Agent
Aaron Wagenschutz
Real Estate One
Buyer's Agent
John Russell
Kidd & Leavy Real Estate Co. LLC
List Price
$289,000
Sold Price
$273,000
Premium/Discount to List
-$16,000
-5.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
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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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
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 Prior Sale
06/14/2018 06/14/18 Sold $320,000 -8.6% $116 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/08/2017 03/08/17 For Sale $350,000 +28.2% $127 / Sq Ft
04/23/2015 04/23/15 Sold $273,000 -5.5% $99 / Sq Ft View Prior Sale
03/11/2015 03/11/15 Pending -- -- --
07/16/2014 07/16/14 For Sale $289,000 -- $105 / 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 $8,801 $272,400 $272,400 $0
2024 $8,801 $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: Northern Michigan MLS

MLS Number: 450861

Northern Michigan MLS

APN: 01-19-01-201-016