$337,700
SOLD JUN 12, 2025

305 Madison St Petoskey, MI 49770

3 Beds
1 Bath
1,320 Sq Ft
7,187 Sq Ft Lot Lot

Sale Details

Date Sold: June 12, 2025

$256 Per Sq Ft

1% Above List Price

35 on Market

Highlights

  • Wood Flooring
  • First Floor Utility Room
  • Thermal Windows
  • Main Floor Primary Bedroom
  • Wood Frame Window
  • 2-minute walk to Bear River Recreation Area

About This Home

As of June 2025

Located just blocks from downtown Petoskey, this 2-story home offers a rare blend of walkability and everyday comfort. From parks and the Bear River Recreation Area to local dining, boutiques, and the lakeshore, everything you love about Northern Michigan living is just steps away—yet home feels tucked into its own quiet corner of town. Upstairs, a bedroom offers soft morning light and a view of Lake Michigan—an everyday reminder of how close you are to the water. The kitchen has been fully remodeled with a 2024 quartz countertop, a farmhouse sink, and brand-new appliances and cabinets, bringing modern convenience and style together seamlessly. Additional updates throughout include a fully renovated bathroom, brand-new windows (2024), a newer roof, and a 2022 furnace—providing peace of mind for years to come. The main-floor primary bedroom, generous mudroom, and practical layout offer flexible living options while maintaining a bright, refreshed feel throughout the home. Outside, privacy fencing and a spacious shed add functionality for storage, hobbies, or simply enjoying extra space. This home balances comfort and convenience in a setting that puts the best of Petoskey within reach.

Last Agent to Sell the Property

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 05/08/2025

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 05/08/2025

Coldwell Banker Schmidt- Harbor Springs

Home Details

Home Type

  • Single Family

Lot Details

  • Property is zoned COP RM-2

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-127-141

Home Details

Home Type

Single Family

Lot Details

7,187 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 05/08/2025
  • Section: 6
  • Second Address Number: 305
  • Directions: 31 to Liberty Street. South on Liberty Street for 1 block to Madison Street. West on Madison Street. Property on South Side of street.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Dishwasher, Dryer, Garbage Disposal, Patio, Paved Drive, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 1320
  • Master Bedroom: Dimensions: 10.5 x 11.8, On Level: Main
  • Bedroom 2: Dimensions: 11.2 x 12, On Level: Upper
  • Bedroom 3: Dimensions: 13.3 x 11.2, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Block, Partial
  • Dining Room: Dimensions: 9.8 x 17.2, On Level: Main
  • Kitchen: Dimensions: 11.3 x 13.5, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 13.7 x 14.10, On Level: Main
  • Above Grade Finished Sq Ft: 1320
  • Bathroom 1: Dimensions: 9.1 x 5.10, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Thermo, Insulated, Vinyl

Exterior Features

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Zoning: COP RM-2

Tax Info

  • Assessor Parcel Number: 52-19-06-127-141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Apr 26, 2024
Sold by
Baird Harold W and The Harold William Baird Jr Trust
Bought by
Jones John F and Jones Lori
Seller's Agent
Tammy Hutchinson
Alpine Realty Group
Buyer's Agent
Heidi Shearer
Harbor Sothebys International Realty
List Price
$309,900
Sold Price
$257,500
Premium/Discount to List
-$52,400
-16.91%
Views
403
Current Estimated Value
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,500
Original Mortgage
$187,500
Outstanding Balance
$184,841
Interest Rate
6.82%

Purchase Details

Closed on
Aug 6, 2019
Sold by
Baird Harold W and Baird Doris J
Bought by
Harold William Baird Jr T
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $257,500 Talon Title Agency
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $187,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2025 06/12/25 Sold $337,700 +0.8% $256 / Sq Ft
05/08/2025 05/08/25 For Sale $334,900 +30.1% $254 / Sq Ft
05/01/2024 05/01/24 Sold $257,500 -4.6% $183 / Sq Ft View Prior Sale
01/31/2024 01/31/24 Price Changed $269,900 -6.9% $192 / Sq Ft
01/12/2024 01/12/24 Price Changed $289,900 -3.3% $206 / Sq Ft
12/15/2023 12/15/23 Price Changed $299,900 -3.2% $214 / Sq Ft
10/20/2023 10/20/23 For Sale $309,900 -- $221 / 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
2023 $2,008 $80,500 $80,500 $0
2022 $2,008 $76,300 $76,300 $0
2021 $1,951 $69,800 $69,800 $0
2020 $1,956 $56,300 $56,300 $0
2019 -- $55,400 $55,400 $0
2018 -- $54,600 $54,600 $0
2017 -- $42,200 $42,200 $0
2016 -- $37,900 $37,900 $0
2015 -- $36,400 $0 $0
2014 -- $33,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 476358

Northern Michigan MLS

APN: 52-19-06-127-075

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