NOT LISTED FOR SALE

427 Liberty St Petoskey, MI 49770

Estimated Value: $289,000 - $305,000

2 Beds
2 Baths
1,448 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 18, 2024

Last sale price $259,000 $179 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,787/month

86 Days on Market

Highlights

  • Water Views
  • Main Floor Primary Bedroom
  • Screened Porch
  • Deck
  • Mud Room
  • 2-minute walk to Bear River Recreation Area

About This Home

As of June 2024

Start out with some equity! Appraised at $330,000! Welcome to your slice of paradise in the heart of Petoskey! This charming 2 bed, 2 bath home boasts an unbeatable location with waterviews from the main upstairs bedroom. Situated within walking distance to the picturesque Bayfront Park on Little Traverse Bay, spanning over 25 acres of natural beauty, this home offers the quintessential waterfront lifestyle. Step inside to discover 1448 square feet of living space adorned with beautiful hardwood floors throughout, exuding warmth and character at every turn. The layout creates an inviting atmosphere, perfect for both relaxing evenings and entertaining guests. The fully enclosed front porch provides a tranquil space to unwind, while a large deck in the back offers a private retreat for outdoor gatherings and summer BBQs. This home sits on an extra-large city lot, spanning over 1/3 of an acre, providing ample space for outdoor activities and gardening enthusiasts. The side yard adds value to the charm and versatility of this property. Convenience meets functionality with a two-car garage accessible via a boardwalk from the alley garage to the house, ensuring easy parking and storage solutions. Located in the vibrant city of Petoskey, renowned for its historic charm and vibrant community, this home offers the perfect blend of tranquility and urban amenities. Explore the quaint downtown area, indulge in local dining experiences, or embark on outdoor adventures along the picturesque bay—there's something for everyone to enjoy. *Most of the furnishings and what you see in the home will be included in the sale. not the butcher block, microwave and toaster. **Opportunity for growth. An addition can be added up to 600 sq ft. An apartment can be added over the garage. An additional two parking spaces can be added as well.

Last Agent to Sell the Property

Lisa Russell

REO-Cadillac-233028 License #6501418811 Listed on: 03/20/2024

REO-Cadillac-233028

Last Buyer's Agent

Non Member Office

NON-MLS MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,537

Year Built

  • Built in 1900

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 118x52x117x52
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,448 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Formal Dining Room
  • Screened Porch
  • Water Views
  • Oven or Range
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,537

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1900
  • Construction: Frame
  • Section Number: 6
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Blinds, Drapes, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Mud Room, Formal Dining Room, Beamed Ceilings
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 14.5x14.5, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 14x10, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 14x10, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 21.5x16.5, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 21.7x14.5, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1448
  • Estimated Below Grade Unfinished Sq Ft: 952
  • Price Per Sq Ft: 178.87
  • Range: R 5W
  • Total Finished Sf Apx: 1448

Exterior Features

  • Exterior Features: Deck, Sidewalk, Porch, Screened Porch
  • Exterior Finish: Wood
  • Foundation: Unfinished
  • Number Of Acres: 0.37
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Water View

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Detached

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 13x11, On Level: Main Floor, Flooring: Wood
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Municipal

Schools

  • School District: Public Schools of Petoskey

Lot Info

  • Land Features: Level
  • Lot Dimensions: 118x52x117x52
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1171
  • Total Taxes: 1537
  • Winter Taxes: 365
  • Year Summer: 2022
  • Year Winter: 2022

MLS Schools

  • School District: Public Schools of Petoskey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 18, 2024
Sold by
Porter Beth Ann and The Estate Of Helen Mae Kindley
Bought by
Fernando Luis and Tirado Maldonado
Seller's Agent
Lisa Russell
REO-Cadillac-233028
Buyer's Agent
Non Member Office
NON-MLS MEMBER OFFICE
List Price
$299,000
Sold Price
$259,000
Premium/Discount to List
-$40,000
-13.38%
Views
272
Current Estimated Value
$296,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,678
Avg. Annual Appreciation
14.10%
Original Mortgage
$246,050
Outstanding Balance
$244,170
Interest Rate
6.94%
Estimated Equity
$52,508

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 13, 2024
Sold by
Kindley Helen Mae Estate
Bought by
Tirado Luis Fernando Maldon
Seller's Agent
Lisa Russell
REO-Cadillac-233028
Buyer's Agent
Non Member Office
NON-MLS MEMBER OFFICE
List Price
$299,000
Sold Price
$259,000
Premium/Discount to List
-$40,000
-13.38%
Views
272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,050
Outstanding Balance
$244,170
Interest Rate
6.94%
Estimated Equity
$52,508

Purchase Details

Closed on
Nov 4, 1998
Sold by
Hausler Linda L
Bought by
Kindley Helen

Purchase Details

Closed on
Jun 1, 1995
Bought by
Hausler

Purchase Details

Closed on
Jun 1, 1986
Bought by
Tomlanovich Energy Exemp
Source: Public Records

Similar Homes in the area

  • 215 W Lake St, Petoskey, MI 49770

    $350,000

    • 4 Beds
    • 1 Bath
    • 1,967 Sq Ft
    • 215 W Lake St
    • Petoskey, MI

    Location, location, location! This property is just a short walk from Petoskey's charming Gaslight District, offering easy access to its unique shops, dining, and vibrant community atmosphere. Plus, its close to Lake Michigan, downtown, and the hospital- ideal for a variety of investment opportunities. With a little vision, this could be your next big project. Petoskey's real estate market is

    Jim Bell Coldwell Banker Fairbairn Realty

    Section Image
  • 1045 Emmet St, Petoskey, MI 49770

    $370,000

    • 4 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • 1045 Emmet St
    • Petoskey, MI

    Charming In-Town Home on Double Lot in Beautiful Petoskey! Don't miss this rare opportunity to own a well-maintained, family-owned home in the heart of Petoskey! This 4-bedroom, 1-bath gem sits on a spacious double fenced-in lot that backs directly up to the peaceful green space of Washington Park. Inside you'll find a clean and lovingly cared-for home including three efficient mini-split

    Beth Flynn @properties Christie's International Real Estate - Petoskey

    Section Image
  • 1029 Howard St, Petoskey, MI 49770

    $340,000

    • 2 Beds
    • 1 Bath
    • 1,264 Sq Ft
    • 1029 Howard St
    • Petoskey, MI

    Turnkey home features all first floor living with two bedrooms and one full bath. Nice neighborhood with the city of Petoskey placing utilities underground and repaving Howard Street this summer. A deck off the back of the house and fire pit in the backyard is the perfect setting to entertain family and friends. Downtown Petoskey, NCMC, and the Bear River Walkway are all within walking distance.

    Matthew Tamm Kidd & Leavy Real Estate Co. LLC

    Section Image
  • 424 Carleton St, Petoskey, MI 49770

    $345,000

    • 3 Beds
    • 1 Bath
    • 1,520 Sq Ft
    • 424 Carleton St
    • Petoskey, MI

    Charming 3-bedroom home in the heart of Petoskey! Located at 424 Carleton Street, this in-town gem offers walkability, a spacious yard, and a 2-car garage. Just steps from parks, shopping, excellent schools, North Central Michigan College, and the waterfront, this well-maintained home features recent updates including a new roof, doors and windows, spacious living room, and a functional layout.

    Nancy McFadden Gaslight Group Properties

    Section Image
  • 731 Harvey St, Petoskey, MI 49770

    $319,000

    • 3 Beds
    • 1.5 Baths
    • 1,250 Sq Ft
    • 731 Harvey St
    • Petoskey, MI

    Charming Downtown Petoskey Home with Character and Convenience Located on a peaceful street just steps from downtown Petoskey, this inviting three-bedroom, one-and-a-half-bath home offers the perfect blend of urban convenience and cozy comfort. Built in 1910, this residence carries a rich history, having been home to a variety of owners over the years—each adding to its timeless character.

    Gary Deters Ashton Property Group

    Section Image
  • 204 Winfield Ave, Petoskey, MI 49770

    $345,000

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • 204 Winfield Ave
    • Petoskey, MI

    This cozy, well maintained, two-bedroom, one bath home is tucked away on a quiet side street just minutes from Petoskey's famed Gaslight District. Inside you will find a light filled kitchen with good flow and a delineated space that also feels open to the living room. The living area has sliding doors that lead out to a deck where there is a sizable fenced in back yard with a shed; a perfect

    Pete Platte Gaslight Group Properties

    Section Image
  • 1117 E Mitchell St, Petoskey, MI 49770

    $279,900

    • 3 Beds
    • 1 Bath
    • 1,288 Sq Ft
    • 1117 E Mitchell St
    • Petoskey, MI

    Tucked into a prime location in downtown Petoskey, this inviting home is full of charm and opportunity. Ideally located near schools, downtown shops, Bayview woods hiking trails, and the Winter sports park, it offers convenience and lifestyle in one. Inside you will find two bedrooms on the main level and one upstairs, plenty of hardwood flooring, and a vintage kitchen with room for a cozy dining

    Pete Platte Gaslight Group Properties

    Section Image
  • 2248 Intertown Rd, Petoskey, MI 49770

    $304,900

    • 4 Beds
    • 1 Bath
    • 2,805 Sq Ft
    • 2248 Intertown Rd
    • Petoskey, MI

    This four-bedroom home with a full basement is in the heart of Petoskey yet on a full acre of land. Located less than a mile to Meijer, 1 mile from downtown Petoskey, 2 miles to the schools and a short five-minute drive to Bay Harbor, Walloon Lake boat launch and Little Traverse Bay. This home needs some updating but a lot of the groundwork has already been completed. A newer metal roof & well

    Kurt Jacobs Alpine Realty Group

    Section Image
  • 6073 Rocky Beach Rd, Charlevoix, MI 49720

    $349,500

    • 4 Beds
    • 1 Bath
    • 2,234 Sq Ft
    • 6073 Rocky Beach Rd
    • Charlevoix, MI

    Welcome to Your Bay Shore Stone Cottage Retreat. Just 600 feet from the sparkling shores of Lake Michigan, this charming stone-accented home offers the perfect blend of cozy cottage living and unbeatable location. Nestled in the heart of Bay Shore with public lake access in two directions, this property puts you steps away from beach days, breathtaking sunsets, and peaceful lakeside strolls.

    Jeff Wellman @properties Christie's International Real Estate - Petoskey

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fernando Luis $259,000 --
Tirado Luis Fernando Maldon $259,000 --
Kindley Helen $80,000 --
Hausler $66,500 --
Tomlanovich Energy Exemp $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernando Luis $246,050
Closed Tirado Luis Fernando Maldon $246,050
Previous Owner Kindley Helen $20,000
Previous Owner Kindley Helen $84,000
Previous Owner Kindley Helen $79,800
Previous Owner Kindley Helen $77,000
Previous Owner Kindley Helen $81,627
Previous Owner Kindley Helen $83,630
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Sold $259,000 0.0% $179 / Sq Ft
05/15/2024 05/15/24 Price Changed $259,000 -7.2% $179 / Sq Ft
04/26/2024 04/26/24 Price Changed $279,000 -6.7% $193 / Sq Ft
03/20/2024 03/20/24 For Sale $299,000 -- $206 / Sq Ft
Source: Northern Great Lakes REALTORS® 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
2024 $1,675 $121,400 $121,400 $0
2023 $1,537 $90,800 $90,800 $0
2022 $1,537 $85,800 $85,800 $0
2021 $1,495 $77,900 $77,900 $0
2020 $1,512 $61,500 $61,500 $0
2019 -- $60,400 $60,400 $0
2018 -- $61,500 $61,500 $0
2017 -- $50,000 $50,000 $0
2016 -- $44,400 $44,400 $0
2015 -- $42,600 $0 $0
2014 -- $38,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1920378

Northern Great Lakes REALTORS® MLS

APN: 52-19-06-202-054