$139,000
SOLD AUG 14, 2015

524 Cherry St Petoskey, MI 49770

4 Beds
2 Baths
1,622 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$86 Per Sq Ft

7% Below List Price

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Shed
  • First Floor Utility Room
  • Living Room
  • 5-minute walk to Petoskey Art Fair

About This Home

As of November 2021

4 bedroom, 2 bath home conveniently located near schools and downtown Petoskey. 2 bedrooms and bath on the first floor, 2 bedrooms up and a bath on the lower level. Also has a wood burning fireplace, 1 car attached garage and shed. Privacy fence encloses back yard.Lots of fresh paint. 1 year home warranty included.

Last Agent to Sell the Property

Bruce Croff

North Shores Realty Group Listed on: 07/06/2015

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,704

Year Built

  • Built in 1955

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
  • First Floor Utility Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Michigan Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Shed
  • Lot Dimensions are 67.5 x 129

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-303-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,704

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1955
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Features: Dishwasher, Dryer, Range, Refrigerator, Washer, Wood Fireplace
  • Total Finished Sq Ft: 1622
  • Master Bedroom: Dimensions: 12.1 x 9.4, On Level: Main
  • Bedroom 2: Dimensions: 11.3 x 12.3, On Level: Main
  • Bedroom 3: Dimensions: 12.1 x 12.6, On Level: Upper
  • Bedroom 4: Dimensions: 11.7 x 12.6, On Level: Upper
  • Total Rooms: 8
  • Basement: Michigan, Full
  • Dining Room: Dimensions: 9.7 x 9.2, On Level: Main
  • Kitchen: Dimensions: 15.7 x 8.1, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 15 x 20.4, On Level: Main
  • Above Grade Finished Sq Ft: 1622
  • Bathroom 1: Dimensions: 5.1 x 6.5, On Level: Main
  • Bathroom 2: Dimensions: 4 x 5, On Level: Lower
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: One

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 67.5 x 129
  • Lot: y
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 52-19-05-303-003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Nov 16, 2021
Sold by
Stempky Jeremy
Bought by
Craven-Hinojosa Kelli and Craven-Hinojosa Jonathan
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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.77%
Original Mortgage
$317,130
Outstanding Balance
$290,602
Interest Rate
2.99%
Mortgage Type
VA
Estimated Equity
$181,502

Purchase Details

Closed on
May 8, 2020
Sold by
Stempky Audrey
Bought by
Stepmky Jeremy

Purchase Details

Closed on
Feb 4, 2017
Sold by
Stempky Jeremy and Stempky Audrey
Bought by
Stempky Jeremy and Stempky Audrey

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
Temple Linda Kay
Bought by
Stempky Jeremy and Schlutt Audrey
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
12.94%
Original Mortgage
$132,050
Interest Rate
4.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2011
Sold by
Gerhardt Arthur H and Gerhardt Rosann M
Bought by
Temple Linda Kay

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%
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 Type Sale Price Title Company
Warranty Deed -- --
Quit Claim Deed -- --
Interfamily Deed Transfer -- None Available
Warranty Deed $139,000 Talon Title Agency
Warranty Deed $122,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,130 VA
Previous Owner $132,000 Purchase Money Mortgage
Previous Owner $132,050 Purchase Money Mortgage
Previous Owner $122,500 No Value Available
Previous Owner $75,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 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 $5,704 $212,800 $212,800 $0
2024 $5,704 $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

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Map

Source: Northern Michigan MLS

MLS Number: 445331

Northern Michigan MLS

APN: 52-19-05-303-003