NOT LISTED FOR SALE

506 State St Petoskey, MI 49770

Estimated Value: $324,900 - $642,000

-- Bed
-- Bath
-- Sq Ft
8,538 Sq Ft Lot

About This Home

This home is located at 506 State St, Petoskey, MI 49770 and is currently estimated at $478,975. 506 State St is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2023
Sold by
Rave Morris R and Rasmussen Patricia A
Bought by
Bennett Matthew and Bennett Mary Elizabeth
Current Estimated Value
$478,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Outstanding Balance
$278,620
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$202,191

Purchase Details

Closed on
Jun 29, 2004
Sold by
Hickman Jesse L and Hickman Striegel M
Bought by
Rave Morris R and Asmussen Patricia A

Purchase Details

Closed on
Nov 1, 1994
Bought by
Hickman
Source: Public Records

Range of Values:

Collateral Analytics

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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.

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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.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Bennett Matthew -- --
Rave Morris R $145,900 --
Hickman $73,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Matthew $285,000
Previous Owner Rave Morris R $238,000
Previous Owner Rave Morris R $108,000
Previous Owner Rave Morris R $114,250
Source: Public Records

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
2025 $4,701 $160,900 $160,900 $0
2024 $4,701 $136,300 $136,300 $0
2023 $2,257 $118,700 $118,700 $0
2022 $2,257 $113,600 $113,600 $0
2021 $2,196 $96,400 $96,400 $0
2020 $2,220 $76,800 $76,800 $0
2019 -- $75,500 $75,500 $0
2018 -- $76,400 $76,400 $0
2017 -- $70,100 $70,100 $0
2016 -- $63,600 $63,600 $0
2015 -- $61,400 $0 $0
2014 -- $56,400 $0 $0
Source: Public Records

Map

Michigan Emmet County Petoskey 49770

506 State St, Petoskey, MI

This home is located at 506 State St, Petoskey, MI 49770 and is currently estimated at $478,975. 506 State St is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

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