3221 Krause Rd Petoskey, MI 49770
Estimated payment $3,434/month
Total Views
4,197
3
Beds
--
Bath
1,930
Sq Ft
$310
Price per Sq Ft
Highlights
- Popular Property
- Deck
- Pole Barn
- 40 Acre Lot
- Wood Burning Stove
- Main Floor Primary Bedroom
About This Home
NO SHOWINGS BEFORE OPEN HOUSE ON SATURDAY, JUNE 7TH FROM 11:00AM - 3:00PM. HIGH ABOVE WONDERFUL PETOSKEY…40-ACRES OF BEAUTIFUL HARDWOOD FOREST…PLUS A “COMFORTABLE” FAMILY COTTAGE. Located at one of the highest points of Emmet County, you’ll drive on the long curving drive, through your own forest until you reach the Family Compound, surrounded by quiet, pristine woods! The 1,930 sq ft Cottage is the just perfect Bunkhouse for a large family, plus many guests. YES, all the deer on the property, become yours! The main floor of the Cottage has a large living room, the kitchen, a dining area and a great big woodburning stove, which keeps the whole house warm and toasty! The Adult Bunk room has 3 beds. The half-bath is also on the main floor. The upper level houses the children's bunk room with 9 full beds, a queen and baby crib. The 1,200 square foot cement block basement, has the ground level exit door, plus windows. Wonderful front porch across the entire front. Perfect for enjoying company and entertaining. There's also a 30’ by 24’-foot barn which serves as the garage for vehicles and all your toys. Furnishings are all included per list provided. Electricity and fiber optic cable are underground. YES, the hardwood can be harvested at proper intervals for income from the property. ASK REALTOR FOR 4-COLOR BROCHURE WITH ALL THE DETAILS.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,010
Year Built
- Built in 2003
Lot Details
- 40 Acre Lot
- Lot Dimensions are 660 x 2640
- Property is zoned FF-1
Parking
- 3 Car Detached Garage
Home Design
- Wood Frame Construction
- Metal Roof
Interior Spaces
- 1,930 Sq Ft Home
- Wood Burning Stove
- Vinyl Clad Windows
- Wood Frame Window
- Living Room
- Dining Room
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Outdoor Features
- Deck
- Pole Barn
Utilities
- Heating System Uses Wood
Community Details
- Snowmobile Trail
Listing and Financial Details
- Assessor Parcel Number 01-19-23-200-002
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $1,010 | $129,100 | $129,100 | $0 |
| 2023 | $967 | $110,800 | $110,800 | $0 |
| 2022 | $967 | $54,400 | $54,400 | $0 |
| 2021 | $495 | $54,400 | $54,400 | $0 |
| 2020 | $487 | $54,400 | $54,400 | $0 |
| 2019 | $459 | $54,400 | $54,400 | $0 |
| 2018 | $448 | $56,900 | $56,900 | $0 |
| 2017 | -- | $56,600 | $56,600 | $0 |
| 2016 | -- | $55,100 | $55,100 | $0 |
| 2015 | -- | $55,100 | $0 | $0 |
| 2014 | -- | $72,200 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | For Sale | $599,000 | -- | $310 / Sq Ft |
Source: Northern Michigan MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $47,558 | No Value Available | |
| Previous Owner | $321,600 | Unknown |
Source: Public Records
Similar Homes in Petoskey, MI
Source: Northern Michigan MLS
MLS Number: 476685
APN: 01-19-23-200-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 0 Other Unit 1934800
- TBD Atkins & Division Roads
- TBD Ash Ct Unit 10
- 5422 Collectibles Ct
- TBD Intertown Rd
- 3400 Danny's Trail
- 3125 Old Orchard Ln Unit Lot 15
- 4650 Sunset View Ln Unit 3
- 4688 Sunset View Ln Unit 1
- 4489 Sunset View Ln
- 425 & 431 Madison St
- 000 Evergreen Trail
- 4545 Lintlong Rd
- 3374 Click Rd
- 5748 Evergreen Trail
- 2323 Chapel Hill Dr Unit 3
- 2288 Chapel Hill Dr Unit 27
- 2216 Chapel Hill Dr Unit 59
- 1923 Chapel Hill Dr
- 2223 Chapel Hill Dr Unit 8