309 Monroe St Petoskey, MI 49770
Estimated Value: $395,000 - $678,000
3
Beds
2.5
Baths
3,531
Sq Ft
$162/Sq Ft
Est. Value
Highlights
- Barn
- Patio
- Dining Room
- Wood Flooring
- Living Room
- 4-minute walk to Bear River Recreation Area
About This Home
As of May 2024This stunning classic Petoskey home built in 1904 for the Zipp family operators of lumber, grocery, and hospitality businesses in the previous centuries has been comprehensively remodeled to blend clean traditional beauty with modern amenities in a prime location to maneuver throughout Petoskey and beyond. As you step onto the gracious front porch and through the front door, you'll be greeted by an inviting ambiance that exudes warmth and elegance. With spacious living areas, high ceilings, and abundant natural light, every corner of this home has been thoughtfully designed to create a sense of harmony and tranquility. The focal point of the large main floor is the gourmet kitchen, with two sinks, ample counter space, and stylish cabinetry. Whether you're hosting a dinner party or enjoying a quiet meal with family, this kitchen/dining/living space is the heart of this home. (Floor plans available upon request.) For an in-town Petoskey home, the primary suite is a luxurious haven, offering a private sanctuary to unwind and recharge. With a spa-like en-suite bathroom, an expansive walk-in closet, and multiple reading/workspace areas, it's the perfect place to escape the hustle and bustle of everyday life or to enjoy working from home. The rest of the nearly 1200 sq. ft. on the second floor includes a well-conceived laundry room and an additional bedroom accessed via wide meandering hallways; the stature of this beauty is noticeably grand. Add a 542 sq. ft. third floor suite, a partially finished lower level and you have space for everyone and everything you need, a rarity of an in-town Victorian era home. Outside are lush plantings, stone walkways, custom retaining walls, a serene patio, a two-story storage shed, and the perfect coffee/cocktail porch. The Bear River Valley Recreational Area is just steps away allowing for a short walk or bike through nature to peacefully take you to the boutiques and acclaimed rest of the Gaslight District. Contact today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,969
Lot Details
- Lot Dimensions are 50 x 145
- Property is zoned COP RM-2
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 3,531 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Second Floor Utility Room
- Wood Flooring
- Finished Basement
- Partial Basement
Kitchen
- Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
Laundry
- Dryer
- Washer
Utilities
- Heating Available
- Electric Water Heater
- Cable TV Available
Additional Features
- Patio
- Barn
Listing and Financial Details
- Assessor Parcel Number 52-19-06-127-105
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2024
Closed on
May 3, 2024
Sold by
Anderson Brian Andrew
Bought by
Borowiak Dominic and Borowiak Ashley Marie
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
See agt remarks Non Member Emmet
Emmet Association of Realtors
List Price
$639,000
Sold Price
$589,900
Premium/Discount to List
-$49,100
-7.68%
Total Days on Market
112
Views
436
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,693
Avg. Annual Appreciation
-3.11%
Original Mortgage
$530,910
Outstanding Balance
$525,807
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$45,400
Purchase Details
Closed on
May 2, 2014
Bought by
Anderson Brian Andrew
Purchase Details
Closed on
May 14, 2013
Sold by
Conti Scott
Bought by
Astre Properties Llc
Purchase Details
Closed on
Apr 7, 1999
Sold by
Schubert Mary
Bought by
Conti Scott
Purchase Details
Closed on
Apr 16, 1998
Sold by
Haderer Richard S and Haderer Kelly L
Bought by
Howard Terry W
Purchase Details
Closed on
Jun 1, 1991
Bought by
Haderer
Purchase Details
Closed on
Apr 1, 1986
Bought by
Casteel
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Similar Homes in Petoskey, MI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Borowiak Dominic | -- | Cislo Title Company Title Insu | |
| Anderson Brian Andrew | -- | Devon Title Agency | |
| Astre Properties Llc | $70,000 | -- | |
| Conti Scott | $127,000 | -- | |
| Howard Terry W | $110,000 | -- | |
| Haderer | -- | -- | |
| Casteel | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Borowiak Dominic | $530,910 | |
| Previous Owner | Anderson Brian Andrew | $424,550 | |
| Previous Owner | Anderson Brian A | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2024 05/06/24 | Sold | $589,900 | +2.6% | $167 / Sq Ft |
| 04/16/2024 04/16/24 | Price Changed | $574,900 | -0.9% | $163 / Sq Ft |
| 04/03/2024 04/03/24 | Price Changed | $579,900 | -3.3% | $164 / Sq Ft |
| 02/20/2024 02/20/24 | Price Changed | $599,900 | -6.1% | $170 / Sq Ft |
| 01/15/2024 01/15/24 | For Sale | $639,000 | -- | $181 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $2,969 | $205,000 | $205,000 | $0 |
| 2023 | $2,723 | $154,300 | $154,300 | $0 |
| 2022 | $2,723 | $143,500 | $143,500 | $0 |
| 2021 | $2,650 | $135,300 | $135,300 | $0 |
| 2020 | $2,679 | $109,400 | $109,400 | $0 |
| 2019 | -- | $107,100 | $107,100 | $0 |
| 2018 | -- | $95,700 | $95,700 | $0 |
| 2017 | -- | $76,300 | $76,300 | $0 |
| 2016 | -- | $67,200 | $67,200 | $0 |
| 2015 | -- | $64,300 | $0 | $0 |
| 2014 | -- | $57,400 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael MacCarthy
Seller's Agent in 2024
Michael MacCarthy
Gaslight Group Properties
(231) 838-7700
196 Total Sales
-
S
Buyer's Agent in 2024
See agt remarks Non Member Emmet
Emmet Association of Realtors
Map
Source: Northern Michigan MLS
MLS Number: 472948
APN: 52-19-06-127-105
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