3221 Krause Rd Petoskey, MI 49770
Estimated payment $3,393/month
Highlights
- 40 Acre Lot
- No HOA
- Patio
- Wood Burning Stove
- 3 Car Detached Garage
- Living Room
About This Lot
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 an 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.
Listing Agent
Petoskey Real Estate Group Brokerage Phone: 231-409-9119 Listed on: 06/09/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,010
Year Built
- Built in 2003
Lot Details
- 40 Acre Lot
- Lot Dimensions are 660 x 2640
- Hunting Land
Home Design
- Frame Construction
- Vinyl Siding
- Vinyl Construction Material
Interior Spaces
- 3 Bedrooms
- 1,930 Sq Ft Home
- 2-Story Property
- Wood Burning Stove
- Living Room
- Dining Room
- Basement Fills Entire Space Under The House
- Oven or Range
Parking
- 3 Car Detached Garage
- Heated Garage
Listing and Financial Details
- Assessor Parcel Number 01-19-23-200-002
- Tax Block 23
Community Details
Overview
- No Home Owners Association
- T34n R5w Subdivision
Recreation
- Patio
Map
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $47,558 | No Value Available | |
| Previous Owner | $321,600 | Unknown |
Source: Water Wonderland Board of REALTORS®
MLS Number: 201835125
APN: 01-19-23-200-002
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