524 Cherry St Petoskey, MI 49770
4
Beds
2
Baths
1,622
Sq Ft
9,148
Sq Ft Lot
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 2021This 4 bedroom, 2 bath home is conveniently located near downtown Petoskey as well as Petoskey schools. The home has many recent updates and offers a main floor Master bedroom, wood burning fireplace in the living room and a full basement perfect for additional storage. Outside you’ll find a spacious backyard with an enclosed fence for ultimate privacy with a shed for additional storage.
Last Agent to Sell the Property
Kidd & Leavy Real Estate Co. LLC Listed on: 08/20/2021
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
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
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%
Similar Homes in Petoskey, MI
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
Home Values in the Area
Average Home Value in this Area
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
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
-
Russell Schlehuber
R
Seller's Agent in 2025
Russell Schlehuber
@properties Christie's International Real Estate - Petoskey
(231) 622-1604
8 in this area
28 Total Sales
-
Patrick Leavy
Seller's Agent in 2021
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
(231) 881-6639
184 in this area
388 Total Sales
-
Amanda Conklin
Buyer's Agent in 2021
Amanda Conklin
Real Estate One
(231) 690-2278
10 in this area
61 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
67 in this area
192 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 466265
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.
Nearby Homes
- 1028 Jefferson Ave
- 623 Harvey St
- 606 State St
- 312 Grove St
- 1045 Emmet St
- 1225 Petoskey St
- 624 Michigan St Unit 524 State street & 1
- 702 Michigan St
- VL Atkins Rd Unit Parcel BB
- VL Atkins Rd Unit Parcel CC
- VL Atkins Rd Unit Parcel AA
- 619 Kalamazoo Ave
- 1304 Emmet St
- 8118 E Mitchell St
- 613 E Mitchell St
- 102 State St
- 703 E Mitchell St
- 1034 Hill St
- 46 Bridge St
- 1015 Dr