NOT LISTED FOR SALE

311 Madison St Petoskey, MI 49770

Estimated Value: $350,000 - $431,000

3 Beds
2 Baths
1,640 Sq Ft
$241/Sq Ft Est. Value

Last Sold September 07, 2023

Last sale price $379,000 $231 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,549/month

47 Days on Market

Highlights

  • Second Garage
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Thermal Windows
  • 2-minute walk to Bear River Recreation Area

About This Home

As of September 2023

Gorgeous downtown Petoskey home- can be utilized as a 3 bedroom/2 bath single family home or as a two unit duplex as is the current configuration (2- 1 bedroom/1 bath units, upper and lower). Spacious main floor bedroom, dining, and living rooms feature beautiful, original hardwood floors. 2 kitchens, 2 utility rooms with laundry, 2 one car garages (front and rear), separate meters and mechanicals. Property can be entered from Madison Street, but also has alley access and wonderful back and side yards with majestic trees and privacy. Fresh paint, flooring, updated bathrooms, newer windows and roof. Wonderful location- just over 2 blocks to Mc Claren Hospital, waterfront, Little Traverse Wheelway, and Bear River Recreation Area!

Last Agent to Sell the Property

Tammy Hutchinson

Alpine Realty Group Listed on: 07/22/2023

Last Buyer's Agent

Derik Mott

Harbor Sothebys International Realty

Harbor Sothebys International Realty

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 50x145
  • Property is zoned COP RM-2

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,640 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Second Garage

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-127-074

Home Details

Home Type

Single Family

Lot Details

7,362 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 07/22/2023
  • Section: 6
  • Survey: Y
  • Second Address Number: 311
  • Directions: US HWY 131 N to Ingalls, right, then left on Madison to 311 on right.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Dryer, Patio, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1640
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Michigan, Block
  • 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: 1640
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: Upper
  • Rooms 2: On Level: Upper
  • Windows: Thermo, Insulated, Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 50x145
  • Zoning: COP RM-2

Tax Info

  • Assessor Parcel Number: 52-19-06-127-074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2005
Sold by
Baird Harold W and Baird Thea L
Bought by
Blackthorne Llc
Current Estimated Value
$395,134

Purchase Details

Closed on
Mar 8, 2001
Sold by
Lindholm A M and Sinikk A M
Bought by
Baird Harold W and Baird Doris J

Purchase Details

Closed on
Apr 1, 1990
Bought by
Lindholm

Purchase Details

Closed on
Oct 1, 1986
Bought by
Lindholm
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
Blackthorne Llc $102,000 --
Baird Harold W -- --
Baird Harold W $102,000 --
Baird Harold W $70,000 --
Lindholm $43,500 --
Lindholm -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2023 09/07/23 Sold $379,000 -0.2% $231 / Sq Ft
07/22/2023 07/22/23 For Sale $379,900 -- $232 / 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 $6,189 $137,800 $137,800 $0
2024 $25 $117,500 $117,500 $0
2023 $2,354 $87,600 $87,600 $0
2022 $2,354 $65,200 $65,200 $0
2021 $2,287 $75,600 $75,600 $0
2020 $2,293 $60,500 $60,500 $0
2019 -- $59,400 $59,400 $0
2018 -- $62,700 $62,700 $0
2017 -- $50,100 $50,100 $0
2016 -- $44,700 $44,700 $0
2015 -- $42,900 $0 $0
2014 -- $38,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 471729

Northern Michigan MLS

APN: 52-19-06-127-074

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