NOT LISTED FOR SALE

516 W Sheridan St Petoskey, MI 49770

Estimated Value: $221,308 - $228,000

3 Beds
1 Bath
1,335 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $209,000 $157 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,417/month

35 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Forced Air Heating System
  • Family Room

About This Home

As of April 2024

This affordable opportunity sits on an oversized lot, in close proximity to the Bear River walkway, Curtis Park, and within walking distance to Petoskey's famed Gaslight District. Recent updates include a new furnace, water heater, and a fresh coat of paint throughout the home. With a walkout basement that includes ample storage, 3 bedrooms and a large primary space, this home is priced to sell!

Last Listed By

Pete Platte

Gaslight Group Properties Listed on: 03/20/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Lot Details

  • Lot Dimensions are 100 x 165

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,335 Sq Ft Home
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2-19-06-300-079

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 03/20/2024
  • Section: 6
  • Second Address Number: 516
  • Directions: Hwy 131 to east on Sheridan Road towards Bear River. House is on the north side of the road.
  • Price per Sq Ft: 156.55
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Dishwasher, Dryer, Gas Fireplace, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 1335
  • Master Bedroom: On Level: N/A
  • Bedroom 2: Dimensions: 13.6 x 12, On Level: Main
  • Bedroom 3: Dimensions: 9.6 x 13.6, On Level: Upper
  • Bedroom 4: Dimensions: 9.6 x 11, On Level: Upper
  • Total Rooms: 7
  • Basement: Michigan, Walkout
  • Dining Room: Dimensions: 11 x 10, On Level: Main
  • Kitchen: Dimensions: 9.7 x 18, On Level: Main
  • Family Room: Dimensions: 17.6 x 13.6, On Level: Main
  • Living Room: Dimensions: 14 x 15, On Level: Main
  • Above Grade Finished Sq Ft: 1335
  • Bathroom 1: Dimensions: 6 x 9, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 3
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 100 x 165
  • Lot: Y
  • Zoning: Y

Tax Info

  • Assessor Parcel Number: 2-19-06-300-079

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Apr 24, 2024
Sold by
Winnell Isaac and Winnell Lauren
Bought by
Balinski Joseph
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Heidi Kresnak
Graham Real Estate
List Price
$225,000
Sold Price
$209,000
Premium/Discount to List
-$16,000
-7.11%
Total Days on Market
35
Views
96
Current Estimated Value
$226,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,077

Purchase Details

Closed on
Jul 20, 2022
Sold by
Winnell Todd C Trust and Todd C Winnell Revocable Trust
Bought by
Winnell Isaac and Winnell Luren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2019
Closed on
Mar 29, 2019
Sold by
Dougherty Casey D and Dougherty Sarah R
Bought by
Winnell Isaac and Winnel Lauren
Seller's Agent
Jeff Patton
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$119,000
Sold Price
$119,000

Purchase Details

Closed on
Sep 19, 2008
Sold by
Lawrason Gladys I and Gladys I Lawrason Revocable Li
Bought by
Lawrason Gladys I

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

Similar Homes in Petoskey, MI

  • 312 Sunset Rd, Petoskey, MI 49770

    $189,900

    • 3 Beds
    • 1 Bath
    • 1,370 Sq Ft
    • 312 Sunset Rd
    • Petoskey, MI

    Located in an excellent neighborhood on the southern edge of the Petoskey city limits, this property offers a rare opportunity to own a in town Petoskey home at an affordable price point. Just minutes from restaurants, shopping centers, and the hospital, convenience is at your doorstep. Set on a spacious half-acre lot, this ranch-style home features main floor living and an attached one-car

    C.T. Shuman Real Estate One

    Section Image
  • 417 Beech St, Petoskey, MI 49770

    $244,900

    • 2 Beds
    • 1 Bath
    • 1,064 Sq Ft
    • 417 Beech St
    • Petoskey, MI

    Just three blocks from downtown Petoskey, this inviting 2-bedroom, 1-bath home offers comfort and convenience. Enjoy peeks of the bay from the front yard, deck, and kitchen window. Thoughtful upgrades in 2022 include a new roof, furnace, updated appliances, a refreshed bathroom, and a screened-in porch—perfect for relaxing. A fenced-in area offers space for pets, and the lower-level second

    Ethan Swiger Real Estate One

    Section Image
  • 4155 Welsch Rd, Petoskey, MI 49770

    $279,000

    • 3 Beds
    • 2 Baths
    • 1,960 Sq Ft
    • 4155 Welsch Rd
    • Petoskey, MI

    Set on 4 acres just outside Petoskey, this well-maintained home offers 3 bedrooms and flexible living spaces ideal for countryside relaxation. The expansive property provides ample privacy and room to enjoy the outdoors, while the large pole barn is perfect for storage, hobbies, or a workshop. Located within easy reach of Petoskey’s shops, restaurants, and schools, this home combines the benefits

    Matthew Murray Berkshire Hathaway HomeServices Real Estate

    Section Image
  • 9300 Pickerel Lake Rd, Petoskey, MI 49770

    $239,500

    • 2 Beds
    • 1 Bath
    • 1,144 Sq Ft
    • 9300 Pickerel Lake Rd
    • Petoskey, MI

    Great starter home with loads of potential! This 2-bedroom, 1-bath stick-built home sits on a 1.36-acre lot within the Petoskey School District. The property includes a 24x36 insulated pole barn--complete with electricity and a cozy wood stove--perfect for hobbies, storage, or a woodshop. Inside the home, while livable as is, a little TLC, such as fresh paint and new flooring, would truly make it

    Mark Ashley Coldwell Banker Schmidt - Petoskey

    Section Image
See All Homes in Petoskey

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
Balinski Joseph $209,000 Cislo Title Company
Winnell Isaac -- --
Winnell Isaac $119,000 Talon Group
Lawrason Gladys I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winnell Isaac $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $209,000 0.0% $157 / Sq Ft
04/10/2024 04/10/24 Price Changed $209,000 -5.0% $157 / Sq Ft
04/01/2024 04/01/24 Price Changed $219,900 -2.3% $165 / Sq Ft
03/20/2024 03/20/24 For Sale $225,000 +89.1% $169 / Sq Ft
03/29/2019 03/29/19 Sold $119,000 0.0% $89 / Sq Ft
03/21/2019 03/21/19 For Sale $119,000 -- $89 / Sq Ft
Source: Northern Michigan 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 $1,892 $95,500 $95,500 $0
2023 $1,735 $74,300 $74,300 $0
2022 $1,735 $70,200 $70,200 $0
2021 $1,689 $62,800 $62,800 $0
2020 $1,707 $47,500 $47,500 $0
2019 -- $46,400 $46,400 $0
2018 -- $46,800 $46,800 $0
2017 -- $46,200 $46,200 $0
2016 -- $41,100 $41,100 $0
2015 -- $39,400 $0 $0
2014 -- $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pete Platte

    Seller's Agent in 2024

    Pete Platte

    Gaslight Group Properties

    (231) 838-0935

    105 Total Sales

    Pete Platte
    Section Image
  • Heidi Kresnak

    Buyer's Agent in 2024

    Heidi Kresnak

    Graham Real Estate

    (231) 838-1977

    105 Total Sales

    Heidi Kresnak
    Section Image
  • Jeff Patton

    Seller's Agent in 2019

    Jeff Patton

    Coldwell Banker Schmidt - Petoskey

    (231) 881-9019

    42 Total Sales

    Jeff Patton
    Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 473300

Northern Michigan MLS

APN: 52-19-06-300-079

Michigan Emmet County Petoskey 49770

516 W Sheridan St, Petoskey, MI

Homes for Sale in Petoskey, MI

This home is located at 516 W Sheridan St, Petoskey, MI 49770 since 20 March 2024 and is currently estimated at $226,077, approximately $169 per square foot. 516 W Sheridan St is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes