$291,500
SOLD JUL 22, 2024

536 Lawrence St Petoskey, MI 49770

2 Beds
1.5 Baths
1,245 Sq Ft
0.29 Acres

Recently Sold

$234 Per Sq Ft

4% Above List Price

36 Days on Market

Highlights

  • Guest House
  • Main Floor Primary Bedroom
  • Patio
  • Wood Flooring
  • 1 Car Attached Garage
  • Living Room

About This Home

As of July 2024

Situated on a large lot in the City of Petoskey, close to Hospital, shopping and Curtis Park, this home and guest cottage can be an ideal getaway or a short term rental business opportunity. This property is zoned B-3A and is adjacent to a multi family structure. This zoning allows development of this property into a multi family structure. Please see Zoning and Setback requirements in the Associate Documents. for this listing

Last Agent to Sell the Property

Kathy Emig

Cedar Creek Realty Listed on: 06/16/2024

Last Buyer's Agent

Trish Hartwick

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,245 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Wood Flooring
  • Partial Basement
  • Dryer

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

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

Additional Features

  • Property is zoned B-3A
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-376-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/16/2024
  • Section: 6
  • Second Address Number: 536
  • Directions: Take US 31 North of 131 and 31 split then turn left onto Lawrence Street, home is on the left.
  • Price per Sq Ft: 234.14
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Ceiling Fans, Central Air, Dryer, Garbage Disposal, Patio, Paved Drive, Range, Wood Floors, Paved Road
  • Total Finished Sq Ft: 1245
  • Master Bedroom: Dimensions: 11'3" x 14'3", On Level: Main
  • Bedroom 2: Dimensions: 8'10" x 11'7", On Level: Main
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Partial
  • Dining Room: Dimensions: 8' x 12'4", On Level: Main
  • Kitchen: Dimensions: 11'1" x 11'5", On Level: Main
  • Family Room: Dimensions: 14'4" x 14'4", On Level: Lower
  • Living Room: Dimensions: 11'4" x 12'4", On Level: Main
  • Above Grade Finished Sq Ft: 1245
  • Bathroom 1: Dimensions: 8'6" x 11'1", On Level: Main
  • Bathroom 2: On Level: Lower
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated, Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built
  • 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
  • Well Size Depth: City Water

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: B-3A

Tax Info

  • Assessor Parcel Number: 52-19-06-376-002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2024
Closed on
Jul 22, 2024
Sold by
Mikosz Kristen and Mikosz Susan J
Bought by
Sweeney David A and Kelsey Shannon A
Seller's Agent
Kathy Emig
Cedar Creek Realty
Buyer's Agent
Trish Hartwick
Coldwell Banker Schmidt - Petoskey
List Price
$280,000
Sold Price
$291,500
Premium/Discount to List
$11,500
4.11%
Views
50
Current Estimated Value
$320,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,782
Avg. Annual Appreciation
5.49%

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 25, 2020
Sold by
Pies Roy
Bought by
Mikosz Kristen and Mikosz Susan J
Seller's Agent
Amanda Conklin
Real Estate One
Buyer's Agent
Sheela Welch
Coldwell Banker Schmidt - Petoskey
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Original Mortgage
$148,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2003
Sold by
Welch Michael V and Welch Dawn A
Bought by
Pies Roy and Pies Kathleen

Purchase Details

Closed on
Feb 28, 2000
Sold by
Vanhorn Gary and Young Lois K
Bought by
Welch Michael and Welch Dawn A
Source: Public Records

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Range of Values:

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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 $291,500 --
Deed $185,000 --
Warranty Deed $118,000 --
Warranty Deed $100,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $148,000 New Conventional
Previous Owner $76,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $291,500 +4.1% $234 / Sq Ft
06/16/2024 06/16/24 For Sale $280,000 +51.4% $225 / Sq Ft
08/25/2020 08/25/20 Sold $185,000 -2.6% $149 / Sq Ft
07/21/2020 07/21/20 Price Changed $189,900 -5.0% $153 / Sq Ft
07/07/2020 07/07/20 For Sale $199,900 -- $161 / 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
2024 $2,836 $106,700 $106,700 $0
2023 $2,601 $78,900 $78,900 $0
2022 $2,601 $75,800 $75,800 $0
2021 $2,532 $72,200 $72,200 $0
2020 $1,784 $60,600 $60,600 $0
2019 -- $59,600 $59,600 $0
2018 -- $56,200 $56,200 $0
2017 -- $58,200 $58,200 $0
2016 -- $56,000 $56,000 $0
2015 -- $52,700 $0 $0
2014 -- $47,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 474111

Northern Michigan MLS

APN: 52-19-06-376-002