3221 Krause Rd Petoskey, MI 49770
Estimated payment $2,977/month
Total Views
64,019
3
Beds
--
Bath
1,930
Sq Ft
$284
Price per Sq Ft
Highlights
- 40 Acre Lot
- Wood Burning Stove
- Snowmobile Trail
- Deck
- Main Floor Primary Bedroom
- Wood Frame Window
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.
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
Additional Features
- Deck
- Heating System Uses Wood
Community Details
- Snowmobile Trail
Listing and Financial Details
- Assessor Parcel Number 01-19-23-200-002
Map
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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 |
|---|---|---|---|---|
| 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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
About the Listing Agent
Jobst W. F. “Joe” Blachy, the owner and Principal Managing Broker is the Founder of Jobst Development LLC - PETOSKEY REAL ESTATE GROUP.
Joe has been a Petoskey citizen for over forty years. He has been fortunate enough to have worked with a high-quality Real Estate Brokerage in Petoskey for over 20 years. During that time, he was the “Rookie of the Year” for the entire state-wide Company. A few years ago, he was the top-producing Realtor for the 900 Agent
Joe's Other Listings
Source: Northern Michigan MLS
MLS Number: 476685
APN: 01-19-23-200-002
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