NOT LISTED FOR SALE

527 E Mitchell St Petoskey, MI 49770

Petoskey Area

Estimated Value: $707,885

8 Beds
4 Baths
3,832 Sq Ft
$185/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2020

Last sale price $383,800 $100 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,054 / mo

273 Days on Market

Highlights

  • Water Views
  • 2 Car Detached Garage
  • Dining Room
  • Wood Flooring
  • Living Room
  • Ceiling Fan

About This Home

As of July 2020

Absolutely perfect location!! Adjacent to Petoskey’s historic Gaslight District and close to schools this classic Victorian has been completely refit in a cohesive manner that allows for multiple uses. Currently configured as a residential duplex with one large 6 bedroom residence and a 2 bedroom “in-law suite”. Water views, 2 car garage, private patio, and more. Priced to sell!

Last Agent to Sell the Property

Cam Braddock

Gaslight Group Properties Listed on: 09/23/2019

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Lot Details

  • Property is zoned RM-2

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,832 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • Second Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Block Basement Construction

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-102-037

Home Details

Home Type

Single Family

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 09/23/2019
  • Section: 5
  • Second Address Number: 527
  • Directions: From the corner of Mitchell St and Howard St in the heart of the Gaslight District travel 1.5 blocks East home on the left.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Dishwasher, Dryer, Mini Blinds, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 3832
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Basement: Block, Partial
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 3832
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Upper
  • Number Of Bedrooms: 8
  • Full Bathrooms: 4
  • Rooms 1: On Level: Main
  • Rooms 2: On Level: N/A
  • Windows: Vinyl

Exterior Features

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

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Schools

  • School District: Petoskey

Lot Info

  • Zoning: RM-2

Tax Info

  • Assessor Parcel Number: 52-19-05-102-037

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
Sep 23, 2019
Closed on
Jul 27, 2020
Sold by
Bought by
Seller's Agent
Cam Braddock
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$399,900
Sold Price
$383,800
Premium/Discount to List
-$16,100
-4.03%
Current Estimated Value
$707,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,085
Avg. Annual Appreciation
10.70%
Original Mortgage
$306,400
Outstanding Balance
$271,695
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$436,190

Purchase Details

Listed on
Jan 2, 2015
Closed on
Jun 24, 2015
Sold by
Bought by
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Phyllis Burkee
Jack Van Treese & Assoc..
List Price
$419,900
Sold Price
$375,000
Premium/Discount to List
-$44,900
-10.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%
Original Mortgage
$300,000
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 28, 2007
Sold by
Bought by

Purchase Details

Closed on
May 3, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Petoskey, MI

  • Brett Binkley Real Estate Agent - EXP Realty

    Brett Binkley

    Responds Quickly

    EXP Realty

    (231) 642-9896

    44 Total Sales

    1 in Petoskey

    $135,000 Price

    Brett Binkley
     Section Image
  • Matt Rader Real Estate Agent - Pat O'Brien & Associates - Boyne City

    Matt Rader

    Pat O'Brien & Associates - Boyne City

    (231) 244-8908

    45 Total Sales

    2 in Petoskey

    $293K - $945K Price Range

    Matt Rader
     Section Image
  • Shelly Novotny Real Estate Agent - Real Estate One - Charlevoix

    Shelly Novotny

    Real Estate One - Charlevoix

    (231) 244-6564

    64 Total Sales

    2 in Petoskey

    $401K - $520K Price Range

    Shelly Novotny
     Section Image
  • Christina Roberts Real Estate Agent - Keller Williams - Northern Michigan

    Christina Roberts

    Keller Williams - Northern Michigan

    (231) 244-2315

    132 Total Sales

    5 in Petoskey

    $400K - $505K Price Range

    Christina Roberts
     Section Image
  • Kristin Rashid Real Estate Agent - Real Estate One-Milford

    Kristin Rashid

    Real Estate One-Milford

    (810) 644-1220

    77 Total Sales

    2 in Petoskey

    $412,000 Price Range

    Kristin Rashid
     Section Image
  • Kristin Clark Real Estate Agent - Gaslight Group Properties

    Kristin Clark

    Gaslight Group Properties

    (517) 246-0934

    31 Total Sales

    5 in Petoskey

    $430K - $1.2M Price Range

    Kristin Clark
     Section Image
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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
-- --
$375,000 Attorneys Title Agency Llc
-- --
$200,000 --
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
Open $306,400
Previous Owner $300,000
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
07/27/2020 07/27/20 Sold $383,800 -4.0% $100 / Sq Ft
09/23/2019 09/23/19 For Sale $399,900 +6.6% $104 / Sq Ft
06/26/2015 06/26/15 Sold $375,000 -10.7% $98 / Sq Ft View Prior Sale
05/26/2015 05/26/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $419,900 -- $110 / 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 $13,864 $360,300 $25,000 $335,300
2025 $13,864 $345,200 $15,800 $329,400
2024 $132 $280,600 $15,800 $264,800
2023 $12,623 $260,700 $11,300 $249,400
2022 $12,623 $242,100 $0 $242,100
2021 $12,263 $231,100 $37,500 $193,600
2020 $7,211 $191,700 $37,500 $154,200
2019 -- $190,600 $37,500 $153,100
2018 -- $194,400 $37,500 $156,900
2017 -- $181,700 $37,500 $144,200
2016 -- $173,600 $37,500 $136,100
2015 -- $168,000 $0 $0
2014 -- $164,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cam Braddock Real Estate Agent - Gaslight Group Properties

    Seller's Agent in 2020

    Cam Braddock

    Gaslight Group Properties

    (231) 330-9819

    53 Total Sales

    Cam Braddock
    Section Image
  • Michael MacCarthy Real Estate Agent - Gaslight Group Properties

    Buyer's Agent in 2020

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    174 Total Sales

    Michael MacCarthy
    Section Image
  • Phyllis Burkee Real Estate Agent - Jack Van Treese & Assoc..

    Buyer's Agent in 2015

    Phyllis Burkee

    Jack Van Treese & Assoc..

    (231) 838-5307

    7 Total Sales

    Phyllis Burkee
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 460311

Northern Michigan MLS

APN: 52-19-05-102-037

Michigan Emmet County Petoskey 49770

527 E Mitchell St, Petoskey, MI

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.

Northern Michigan MLS 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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