$415,000
SOLD MAR 6, 2025

320 Grove St Petoskey, MI 49770

4 Beds
3 Baths
2,349 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$177 Per Sq Ft

8% Below List Price

37 Days on Market

Highlights

  • Water Views
  • Living Room
  • Family Room
  • Lower Floor Utility Room
  • Dining Room
  • 3-minute walk to St Francis Xavier Playground

About This Home

As of March 2025

Welcome to 320 Grove Street, a rare opportunity to own a beautifully located home in the heart of Petoskey. Nestled just steps from the famed Gaslight District, this property combines convenience, charm, and comfort, making it a true gem in Northern Michigan. Boasting 4 bedrooms and 3 full bathrooms, this home offers plenty of space for family living or entertaining guests. The inviting front porch and master bedroom feature partial views of Little Traverse Bay, providing the perfect backdrop to enjoy stunning sunsets or your morning coffee. The property includes off-street parking, a valuable amenity for this desirable in-town location. With schools, shopping, dining, and Petoskey’s vibrant downtown just a short stroll away, you’ll experience the best of small-town living with big-city convenience. Currently tenant-occupied by a long-term renter with a great history, this home presents an excellent opportunity for those seeking an investment property or a future primary residence. Homes like this, combining proximity to downtown Petoskey, Northern Michigan’s natural beauty, and exceptional potential, rarely come to market. Don’t miss your chance to own this piece of Petoskey charm!

Last Agent to Sell the Property

Stephanie Jones

Kidd & Leavy Real Estate Co. LLC Listed on: 01/28/2025

Last Buyer's Agent

Kristin McDonald

Harbor Sotheby's International Rlty - Harbor Sprgs

Harbor Sotheby's International Rlty - Harbor Sprgs

Home Details

Home Type

  • Single Family

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R-3

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,349 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Water Views
  • Michigan Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-277-046

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 01/28/2025
  • Section: SECTION 6
  • Second Address Number: 320
  • Directions: From Howard St turn East onto Grove and house will be on left (South) side of the street looking up the hill.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 2349
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Basement: Michigan
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2831
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: Upper

Exterior Features

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

Utilities

  • Sewer: City
  • Water: City

Schools

  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 0.14
  • Zoning: R-3

Tax Info

  • Assessor Parcel Number: 52-19-06-277-046

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2016
Sold by
Valade Dylan J and Valade Meghann
Bought by
Valade Dylan J and Valade Meghann
Current Estimated Value
$433,607

Purchase Details

Closed on
Feb 26, 2008
Sold by
Homesales Inc
Bought by
Valade Dylan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Outstanding Balance
$78,179
Interest Rate
5.75%
Estimated Equity
$355,428

Purchase Details

Closed on
May 30, 2007
Bought by
Homesales Inc

Purchase Details

Closed on
May 24, 2007
Bought by
Chase Bank Usa Na

Purchase Details

Closed on
Jun 1, 2002
Sold by
Thiel Christopher
Bought by
Lunceford Glendon and Lunceford Rita

Purchase Details

Closed on
May 6, 2002
Sold by
Chaus Nora A
Bought by
Thiel Christopher J

Purchase Details

Closed on
May 24, 1999
Sold by
Kalchik Debbra L
Bought by
Chaus Nora A

Purchase Details

Closed on
Apr 9, 1998
Sold by
Fisher James and Fisher Donna
Bought by
Kalchik Debbra Leanne

Purchase Details

Closed on
May 1, 1993
Sold by
Basel 6000Dn 9%Int
Bought by
Fisher
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- Devon Title Agency
Limited Warranty Deed $140,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $181,600 --
Sheriffs Deed $181,628 --
Deed $149,900 --
Warranty Deed $132,500 --
Warranty Deed $123,900 --
Warranty Deed $80,000 --
Deed $73,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $126,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2025 03/06/25 Sold $415,000 -7.8% $177 / Sq Ft
01/28/2025 01/28/25 For Sale $450,000 -- $192 / 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 $3,743 $157,900 $157,900 $0
2024 $3,743 $136,800 $136,800 $0
2023 $3,409 $112,400 $112,400 $0
2022 $3,409 $106,000 $106,000 $0
2021 $3,311 $96,200 $96,200 $0
2020 $3,320 $76,000 $76,000 $0
2019 -- $74,600 $74,600 $0
2018 -- $73,800 $73,800 $0
2017 -- $81,900 $81,900 $0
2016 -- $75,400 $75,400 $0
2015 -- $73,200 $0 $0
2014 -- $68,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 475696

Northern Michigan MLS

APN: 52-19-06-277-046