$549,000

3221 Krause Rd Petoskey, MI 49770

Estimated payment $3,009/month

Total Views 37,270
3 Beds
-- Bath
1,930 Sq Ft
$284 Price per Sq Ft

Highlights

  • 40 Acre Lot
  • Wood Burning Stove
  • Main Floor Primary Bedroom
  • Deck
  • Pole Barn
  • Snowmobile Trail

About This Home

40-ACRES OF BEAUTIFUL HARDWOOD FOREST...PLUS A “COMFORTABLE” FAMILY COTTAGE, JUST FIVE MILES TO PETOSKEY. 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 with new asphalt road. YES, the hardwood can be harvested at proper intervals for income from the property. ASK REALTOR FOR 4-COLOR BROCHURE WITH ALL THE DETAILS.

Listing Agent

Joe Blachy

Petoskey Real Estate Group Listed on: 06/04/2025

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2003
  • Lvt Date: 06/04/2025
  • Section: 23
  • Second Address Number: 3221
  • Directions: From Petoskey, take Greenwood Church Road to Krause Road. Watch for sign.
  • Price per Sq Ft: 284.46
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Features: Deck, Range, Refrigerator, Wood Stove, Near Snowmobile Trails, Paved Road
  • Total Finished Sq Ft: 1930
  • Master Bedroom: Dimensions: 29 x 10, On Level: Main
  • Bedroom 2: Dimensions: 24.8 x 15, On Level: Upper
  • Bedroom 3: Dimensions: 10.8 x 15, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 5
  • Basement: Block, Full, Walkout
  • Dining Room: Dimensions: Combined w / Living Rm, On Level: Main
  • Kitchen: Dimensions: 10.8 x 22.7, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 24.6 x 8.10, On Level: Main
  • Above Grade Finished Sq Ft: 1930
  • Bathroom 1: On Level: N/A
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Vinyl

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Three

Utilities

  • Heat Type: Wood

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 660 x 2640
  • Estimated Number of Acres: 40
  • Zoning: FF-1

Tax Info

  • Assessor Parcel Number: 01-19-23-200-002

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,010 $180,600 $180,600 $0
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
09/17/2025 09/17/25 Price Changed $549,000 -8.2% $284 / Sq Ft
06/23/2025 06/23/25 Price Changed $598,000 -0.2% $310 / Sq Ft
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

Source: Northern Michigan MLS

MLS Number: 476685

Northern Michigan MLS

APN: 01-19-23-200-002