Brett Binkley
Responds Quickly
EXP Realty
(231) 642-9896
40 Total Sales
1 in Petoskey
$135,000 Price
523 State St Petoskey, MI 49770
Petoskey AreaEstimated Value: $679,010
3
Beds
2.5
Baths
2,597
Sq Ft
$261/Sq Ft
Est. Value
Highlights
- Deck
- Cathedral Ceiling
- Wood Frame Window
- Radiant Floor
- Lower Floor Utility Room
- 2-minute walk to St Francis Xavier Playground
About This Home
As of September 2022Dynamic location to enjoy downtown Petoskey living for a family looking to be close to schools or a Resorter wanting easy access to town. This turn-of-the-previous-century classic blends the original woodwork, characteristics, and craftmanship that downtown Petoskey homes are known for, but with modern finishes and open concept living spaces that most traditional Victorians lack. With soaring ceiling heights, high-end hard surfaces/lighting, additional main floor office/bedroom/kid's room, unique outdoor spaces, an enormous master suite, plus an abundance of natural light, this home and property feels like new construction. But this is not an out of town subdivision home, it's just one short block (no steep hills) to Petoskey's Central Business District which is the epicenter of commerce in the Little Traverse Bay region. Lots of upside to this corner lot and the current owners even have drawings for a garage expansion/enhancement that they could share with the next owner. Sellers are moving out of the area for employment and this will be available almost immediately. There's still time to be here this summer!
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Home Details
Home Type
- Single Family
Year Built
- Built in 1890
Lot Details
- Lot Dimensions are 50 x 145
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,597 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Wood Frame Window
- Family Room
- Living Room
- Dining Room
- Lower Floor Utility Room
- Partial Basement
Kitchen
- Range
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Radiant Floor
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Upstairs
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Outdoor Features
- Deck
- Shed
Utilities
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 52-19-05-100-067
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 5, 2025
Sold by
Noel Robert Ryan and Noel Jessica
Bought by
Current Estimated Value
Purchase Details
Listed on
Jun 14, 2022
Closed on
Sep 8, 2022
Sold by
Peca Stefano and Peca Alethea
Bought by
Noel Robert Ryan and Noel Jessica
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$699,000
Sold Price
$651,500
Premium/Discount to List
-$47,500
-6.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%
Purchase Details
Listed on
Nov 16, 2018
Closed on
Feb 22, 2019
Sold by
Engelman Max H and Engelman Carol S
Bought by
Peca Stefano and Peca Alethea
Seller's Agent
Laurie Hodack
Berkshire Hathaway HomeServices Real Estate - BC
Buyer's Agent
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
List Price
$348,750
Sold Price
$330,000
Premium/Discount to List
-$18,750
-5.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.12%
Original Mortgage
$42,304
Interest Rate
4.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Dec 1, 1984
Bought by
Engelman
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Petoskey, MI
-
Brett Binkley
-
Matt Rader
Matt Rader
Pat O'Brien & Associates - Boyne City
(231) 244-8908
46 Total Sales
2 in Petoskey
$293K - $945K Price Range
-
Brad Rellinger
Brad Rellinger
Harbor Sothebys International Realty
(231) 535-9754
88 Total Sales
57 in Petoskey
$1 - $2.8M Price Range
-
Shelly Novotny
Shelly Novotny
Real Estate One - Charlevoix
(231) 244-6564
61 Total Sales
2 in Petoskey
$401K - $520K Price Range
-
Christina Roberts
Christina Roberts
Keller Williams - Northern Michigan
(231) 244-2315
134 Total Sales
5 in Petoskey
$400K - $505K Price Range
-
Kristin Rashid
Kristin Rashid
Real Estate One-Milford
(810) 644-1220
74 Total Sales
2 in Petoskey
$412,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| Noel Robert Ryan | -- | -- | |
| Peca Stefano | $330,000 | -- | |
| Engelman | $46,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $287,000 | ||
| Previous Owner | Peca Stefano | $42,304 | |
| Previous Owner | Peca Stefano | $264,000 | |
| Previous Owner | Engelman Max H | $200,000 | |
| Previous Owner | Engelman Max | $130,000 | |
| Previous Owner | Engelman Max H | $115,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/12/2022 09/12/22 | Sold | $651,500 | -6.8% | $251 / Sq Ft | |
| 09/12/2022 09/12/22 | For Sale | $699,000 | +7.3% | $269 / Sq Ft | |
| 09/12/2022 09/12/22 | Off Market | $651,500 | -- | -- | |
| 07/01/2022 07/01/22 | Price Changed | $699,000 | -4.1% | $269 / Sq Ft | |
| 06/14/2022 06/14/22 | For Sale | $729,000 | +120.9% | $281 / Sq Ft | |
| 02/25/2019 02/25/19 | Sold | $330,000 | 0.0% | $127 / Sq Ft | View Prior Sale |
| 02/23/2019 02/23/19 | Off Market | $330,000 | -- | -- | |
| 11/16/2018 11/16/18 | For Sale | $348,750 | -- | $134 / Sq Ft |
Source: Northern Michigan MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $10,425 | $301,700 | $301,700 | $0 |
| 2025 | $10,425 | $261,800 | $261,800 | $0 |
| 2024 | $99 | $231,300 | $231,300 | $0 |
| 2023 | $4,683 | $188,500 | $188,500 | $0 |
| 2022 | $4,683 | $176,200 | $176,200 | $0 |
| 2021 | $4,558 | $159,700 | $159,700 | $0 |
| 2020 | $4,608 | $128,200 | $128,200 | $0 |
| 2019 | -- | $125,300 | $125,300 | $0 |
| 2018 | -- | $100,800 | $100,800 | $0 |
| 2017 | -- | $95,000 | $95,000 | $0 |
| 2016 | -- | $84,400 | $84,400 | $0 |
| 2015 | -- | $80,900 | $0 | $0 |
| 2014 | -- | $72,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael MacCarthy
Seller's Agent in 2022
Michael MacCarthy
Gaslight Group Properties
(231) 838-7700
182 Total Sales
-
Laurie Hodack
Seller's Agent in 2019
Laurie Hodack
Berkshire Hathaway HomeServices Real Estate - BC
(231) 838-7599
46 Total Sales
-
Stephanie Jones
Buyer's Agent in 2019
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
(231) 844-4410
131 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 468542
APN: 52-19-05-100-067
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.
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.
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