R
Seller's Agent in 2025
Russell Schlehuber
@properties Christie's International Real Estate - Petoskey
(231) 622-1604
40 Total Sales
524 Cherry St Petoskey, MI 49770
Estimated Value: $367,000 - $474,000
4
Beds
2
Baths
1,622
Sq Ft
$256/Sq Ft
Est. Value
Highlights
- Wood Flooring
- 1 Car Attached Garage
- Shed
- Lower Floor Utility Room
- Living Room
- 5-minute walk to Petoskey Art Fair
About This Home
As of October 2025Classic Mid-Century Colonial Revival in the heart of Petoskey! This charming two-story home blends timeless design with solid 1950s craftsmanship. With four true bedrooms, it offers the flexibility today’s buyers are looking for—whether you need a dedicated home office, guest space, or room for the whole crew. A real wood-burning fireplace adds warmth and character to the main living area, while the large kitchen offers generous storage and prep space—perfect for both everyday living and entertaining. Step outside to enjoy the back deck, ideal for summer grilling or gatherings with friends. The fully fenced backyard is not only great for pets or play, but also features a cozy firepit area—perfect for roasting marshmallows, enjoying cool Northern Michigan evenings, or unwinding under the stars. An attached one-car garage provides added convenience year-round. Positioned almost exactly between downtown Petoskey and North Central Michigan College, the home offers easy walkability in either direction—just about 1/3 of a mile to each. Whether you’re heading to the farmers market, coffee shops, campus events, or the Bear River trails, this location offers convenience, community, and connection. With a few finishing touches, this home is ready to shine!
Last Agent to Sell the Property
@properties Christie's International Real Estate - Petoskey License #6506044677 Listed on: 08/28/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1955
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 67.5 x 135.5
- Property is zoned R2
Parking
- 1 Car Attached Garage
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,622 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Living Room
- Dining Room
- Lower Floor Utility Room
- Wood Flooring
- Michigan Basement
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Shed
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 52-19-05-303-003
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
Listed on
Aug 20, 2021
Closed on
Nov 16, 2021
Sold by
Bought by
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Amanda Conklin
Real Estate One
List Price
$329,000
Sold Price
$310,000
Premium/Discount to List
-$19,000
-5.78%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,076
Avg. Annual Appreciation
6.57%
Original Mortgage
$317,130
Outstanding Balance
$288,686
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$126,390
Purchase Details
Closed on
May 8, 2020
Sold by
Bought by
Purchase Details
Closed on
Feb 4, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jul 6, 2015
Closed on
Aug 14, 2015
Sold by
Bought by
Seller's Agent
Bruce Croff
North Shores Realty Group
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$149,000
Sold Price
$139,000
Premium/Discount to List
-$10,000
-6.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$132,050
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 15, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
5.04%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| -- | -- | ||
| -- | -- | ||
| -- | None Available | ||
| $139,000 | Talon Title Agency | ||
| $122,500 | -- |
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 |
|---|---|---|---|
| Open | $317,130 | ||
| Previous Owner | $132,000 | ||
| Previous Owner | $132,050 | ||
| Previous Owner | $122,500 |
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 |
|---|---|---|---|---|---|
| 10/02/2025 10/02/25 | Sold | $394,000 | -1.3% | $243 / Sq Ft | |
| 08/28/2025 08/28/25 | For Sale | $399,000 | +28.7% | $246 / Sq Ft | |
| 11/17/2021 11/17/21 | Sold | $310,000 | -5.8% | $191 / Sq Ft | View Prior Sale |
| 08/20/2021 08/20/21 | For Sale | $329,000 | +136.7% | $203 / Sq Ft | |
| 08/14/2015 08/14/15 | Sold | $139,000 | -6.7% | $86 / Sq Ft | View Prior Sale |
| 07/09/2015 07/09/15 | Pending | -- | -- | -- | |
| 07/06/2015 07/06/15 | For Sale | $149,000 | -- | $92 / 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 |
|---|---|---|---|---|
| 2025 | $5,704 | $212,800 | $212,800 | $0 |
| 2024 | $55 | $183,500 | $183,500 | $0 |
| 2023 | $5,232 | $158,500 | $158,500 | $0 |
| 2022 | $5,232 | $150,000 | $150,000 | $0 |
| 2021 | $3,210 | $134,700 | $134,700 | $0 |
| 2020 | $3,246 | $113,000 | $113,000 | $0 |
| 2019 | -- | $111,100 | $111,100 | $0 |
| 2018 | -- | $97,500 | $97,500 | $0 |
| 2017 | -- | $97,100 | $97,100 | $0 |
| 2016 | -- | $84,000 | $84,000 | $0 |
| 2015 | -- | $69,200 | $0 | $0 |
| 2014 | -- | $63,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Russell Schlehuber
-
Matt Hausler
Buyer's Agent in 2025
Matt Hausler
Real Estate One
(231) 881-4329
58 Total Sales
-
Patrick Leavy
Seller's Agent in 2021
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
(231) 838-6700
363 Total Sales
-
Amanda Conklin
Buyer's Agent in 2021
Amanda Conklin
Real Estate One
(231) 690-2278
57 Total Sales
-
B
Seller's Agent in 2015
Bruce Croff
RE/MAX Michigan
-
Michael MacCarthy
Buyer's Agent in 2015
Michael MacCarthy
Gaslight Group Properties
(231) 838-7700
174 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 477584
APN: 52-19-05-303-003
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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