NOT LISTED FOR SALE

523 Woodland Ave Petoskey, MI 49770

Estimated Value: $677,000 - $1,019,000

4 Beds
2.5 Baths
2,736 Sq Ft
$326/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $835,000 $305 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,539/month

85 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Forced Air Heating and Cooling System
  • Thermal Windows
  • Living Room
  • 2-minute walk to St Francis Xavier Playground

About This Home

As of November 2023

This home is situated on a corner lot and offers an open concept with spacious living areas, wood floors, high ceilings, and plenty of natural light. Enjoy the matured landscaping and the secluded backyard featuring a stone patio. A great place for entertaining while also being just steps away from your favorite shops and dining that downtown Petoskey has to offer. A well-renovated home that has had updated electrical, windows, insulation, and most recently – a new furnace and water softener. This home offers 4 bedrooms and 2.5 baths, central air, a wood fireplace, a sitting porch (great for morning coffee), and stainless-steel appliances. A perfect opportunity to own a renovated historic home!

Last Agent to Sell the Property

Danielle Smith

Gaslight Group Properties Listed on: 08/22/2023

Last Buyer's Agent

Kate Moore

Coldwell Banker Schmidt- Harbor Springs

Coldwell Banker Schmidt- Harbor Springs

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,644

Lot Details

  • Lot Dimensions are 50 x 145
  • Sprinkler System
  • Property is zoned R-2

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,736 Sq Ft Home
  • Wood Burning Fireplace
  • Thermal Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Wood Flooring
  • Michigan Basement

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-100-068

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,644

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 08/22/2023
  • Section: 5
  • Second Address Number: 523
  • Directions: Mitchell Street East of Downtown to Woodland, House is on the Corner of Woodland and State
  • Price per Sq Ft: 305.19
  • OFFICELIST_STATE: MI
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Central Air, Dishwasher, Dryer, Garbage Disposal, Patio, Range, Refrigerator, Sprinkler System, Washer, Wood Fireplace, Wood Floors, Paved Road
  • Total Finished Sq Ft: 2736
  • Master Bedroom: Dimensions: 23'10" x 12'8", On Level: Upper
  • Bedroom 2: Dimensions: 13'2" x 13'2", On Level: Upper
  • Bedroom 3: Dimensions: 13' x 13', On Level: Upper
  • Bedroom 4: Dimensions: 13' x 12'7", On Level: Upper
  • Total Rooms: 9
  • Basement: Michigan
  • Dining Room: Dimensions: 26'3" x 13'3" Combo, On Level: Main
  • Kitchen: Dimensions: 20'9" x 10'9", On Level: Main
  • Family Room: Dimensions: 26'3 x 13'3" Combo, On Level: Main
  • Living Room: Dimensions: 27'10" x 13'7", On Level: Main
  • Above Grade Finished Sq Ft: 2736
  • Bathroom 1: Dimensions: 9'11" x 8'9", On Level: Upper
  • Bathroom 2: Dimensions: 10' x 7'6", On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 1/2 Bath 5'10" x 4'7", On Level: Upper
  • Rooms 2: Dimensions: Office 10'2" x 9', On Level: Main
  • Windows: Thermo, Insulated

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: 50 x 145
  • Lot: Y
  • Zoning: R-2

Tax Info

  • Assessor Parcel Number: 52-19-05-100-068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2024
Sold by
Vucelich Adam J and Erlewine Margaret Louise
Bought by
Vucelich Adam J and Erlewine Margaret Louise
Current Estimated Value
$891,370

Purchase Details

Listed on
Aug 22, 2023
Closed on
Nov 15, 2023
Sold by
Guy Gregory C
Bought by
Vucelich Adam J and Erlewine Margaret Louise
Seller's Agent
Danielle Smith
Gaslight Group Properties
Buyer's Agent
Kate Moore
Coldwell Banker Schmidt- Harbor Springs
List Price
$929,000
Sold Price
$835,000
Premium/Discount to List
-$94,000
-10.12%
Views
187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$575,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 20, 2022
Closed on
Oct 14, 2022
Sold by
Biziorek Thomas R and Mcconnell-Biziorek Kathryn L
Bought by
Guy Gregory C
Seller's Agent
Mark Ashley
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$829,000
Sold Price
$779,000
Premium/Discount to List
-$50,000
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%

Purchase Details

Closed on
Jun 26, 2014
Sold by
Mcconnell Thomas R and Mcconnell Biziorek Kathryn L
Bought by
Biziorek Thomas R and Mcconnell Biziorek Kathryn L

Purchase Details

Closed on
Dec 13, 2008
Sold by
Mcconnell Michael J
Bought by
Mcconnell Kathryn L

Purchase Details

Closed on
Mar 7, 2008
Sold by
Mcconnell Michael J
Bought by
Mcconnell Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.79%

Purchase Details

Closed on
Jul 1, 2004
Sold by
Kallio Gary M and Kallio Cheryl L
Bought by
Mcconnell Michael J and Mcconnell Kathryn L

Purchase Details

Closed on
Jun 1, 1987
Sold by
Lenhoff 7200 Dn 10% Int
Bought by
Kallio
Source: Public Records

Range of Values:

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Average Value
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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
Vucelich Adam J -- --
Vucelich Adam J $835,000 --
Guy Gregory C $779,000 Talon Title Agency
Biziorek Thomas R -- --
Biziorek Thomas R $72,000 --
Mcconnell Kathryn L -- --
Mcconnell Kathryn L -- --
Mcconnell Michael J $304,000 --
Kallio $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vucelich Adam J $575,000
Previous Owner Mcconnell Kathryn L $238,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $835,000 -7.1% $305 / Sq Ft
09/29/2023 09/29/23 Price Changed $899,000 -3.2% $329 / Sq Ft
08/22/2023 08/22/23 For Sale $929,000 +19.3% $340 / Sq Ft
10/14/2022 10/14/22 Sold $779,000 -6.0% $285 / Sq Ft
07/20/2022 07/20/22 For Sale $829,000 -- $303 / 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
2025 $8,644 $296,400 $296,400 $0
2024 $8,644 $250,600 $250,600 $0
2023 $5,836 $218,200 $218,200 $0
2022 $5,836 $208,600 $208,600 $0
2021 $5,670 $176,800 $176,800 $0
2020 $5,684 $140,700 $140,700 $0
2019 -- $138,200 $138,200 $0
2018 -- $130,400 $130,400 $0
2017 -- $119,000 $119,000 $0
2016 -- $108,100 $108,100 $0
2015 -- $104,500 $0 $0
2014 -- $96,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 471995

Northern Michigan MLS

APN: 52-19-05-100-068