NOT LISTED FOR SALE

5645 Rustic Rd Petoskey, MI 49770

Estimated Value: $224,000 - $373,000

3 Beds
2 Baths
1,400 Sq Ft
$213/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $285,000 $204 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,904/month

43 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Living Room
  • First Floor Utility Room
  • Patio
  • Shed

About This Home

As of August 2023

This charming home is 3 bedrooms and 2 bathrooms, comfortable living space. Situated on an expansive acre lot, this property offers a private backyard, perfect for relaxation and outdoor activities. The bedrooms offer cozy spacious, the bathrooms are designed for both functionality and style. The home's design creates a seamless flow between the living areas, making it ideal for entertaining guests or spending quality time with loved ones. Outside, the sizable backyard invites you to enjoy the fully landscaped yard. Space for your beautiful garden, a playground for children, or a serene space to unwind, this private sanctuary offers endless possibilities. Located in the desirable Petoskey area, 6 miles from downtown, with convenient access to amenities, schools, and recreational opportunities. 2 car detached garage, 2 sheds for extra storage each are 7x7, paved driveway, county maintained road, front and back patio, Truestream Fiber internet! Come check out your new home, bring us an offer!! Seller is ready to move!!

Last Listed By

Sarah Jones

Key Realty One License #6501439627 Listed on: 07/06/2023

Key Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,913

Year Built

  • Built in 1999

Lot Details

  • 1.05 Acre Lot
  • Property is zoned 401 RESIDENTIAL-IMPROVED

Home Design

  • Asphalt Shingled Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 1,400 Sq Ft Home
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio
  • Shed

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Propane
  • Well
  • Propane Water Heater
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-16-36-200-073

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,913

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1999
  • Lvt Date: 07/06/2023
  • Section: SECTION 36
  • Second Address Number: 5645
  • Directions: US-31 N Turn right onto Pickerel Lake Rd Turn right onto Bellmer Rd Turn left onto Rustic Rd Destination will be on the left
  • Price per Sq Ft: 203.57
  • OFFICELIST_STATE: MI
  • Street Designation: Road
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Features: Built In Microwave, Cable, Dishwasher, Dryer, Garbage Disposal, Patio, Paved Drive, Range, Refrigerator, Washer, Paved Road
  • Total Finished Sq Ft: 1400
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: N/A
  • Total Rooms: 9
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 1400
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Vinyl, Andersen

Exterior Features

  • Construction: Modular-BOCA-Wood Frame
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

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

Utilities

  • Heat Type: LP Gas, Hot Water Baseboard
  • Sewer: Septic
  • Water: Well
  • Water Heater: Propane

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Estimated Number of Acres: 1.05
  • Zoning: 401 RESIDENTIAL-IMPROVED

Tax Info

  • Assessor Parcel Number: 01-16-36-200-073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 18, 2023
Sold by
Boring Christopher D and Croitoru Edwina K
Bought by
Radatovich Paul and Radatovich Emma
Seller's Agent
Sarah Jones
Key Realty One
Buyer's Agent
Mitch Brown
RE/MAX LIGHTHOUSE
List Price
$345,000
Sold Price
$285,000
Premium/Discount to List
-$60,000
-17.39%
Total Days on Market
43
Views
163
Current Estimated Value
$298,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,157
Avg. Annual Appreciation
1.75%
Original Mortgage
$260,000
Outstanding Balance
$257,007
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$36,788

Purchase Details

Closed on
Aug 27, 2015
Sold by
Flynn Michael and Flynn Susan
Bought by
Boring Christopher D and Croitoru Edwina K

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Petoskey, MI

  • 2286 Maxwell Rd, Petoskey, MI 49770

    $350,000

    • 2 Beds
    • 2.5 Baths
    • 1,828 Sq Ft
    • 2286 Maxwell Rd
    • Petoskey, MI

    Set on 12 acres, this expertly crafted 2-bedroom, 3-bath home blends rustic charm with high-end functionality. With 53 feet of peaceful frontage on Minnehaha Creek, it’s a nature lover’s dream. Fully redone by a master carpenter, every inch reflects quality—from the custom vintage wood accents to the exceptional insulation and attention to detail. Enjoy the comfort of in-floor boiler heat, a

    Geno D'angelo Real Broker LLC

    Section Image
  • 9300 Pickerel Lake Rd, Petoskey, MI 49770

    $239,500

    • 2 Beds
    • 1 Bath
    • 1,144 Sq Ft
    • 9300 Pickerel Lake Rd
    • Petoskey, MI

    Great starter home with loads of potential! This 2-bedroom, 1-bath stick-built home sits on a 1.36-acre lot within the Petoskey School District. The property includes a 24x36 insulated pole barn--complete with electricity and a cozy wood stove--perfect for hobbies, storage, or a woodshop. Inside the home, while livable as is, a little TLC, such as fresh paint and new flooring, would truly make it

    Mark Ashley Coldwell Banker Schmidt - Petoskey

    Section Image
  • 1331 Atkins Rd, Petoskey, MI 49770

    $289,900

    • 3 Beds
    • 1 Bath
    • 1,250 Sq Ft
    • 1331 Atkins Rd
    • Petoskey, MI

    in the past year the seller has updated or installed the following, washer and dryer, gutters, countertops in kitchen some new light fixtures and painted. Roof was replaced in 2019, boiler/hot water tank combo installed in 2021.

    Mary McCarthy McCune & Company

    Section Image
  • 8118 E Mitchell St, Petoskey, MI 49770

    $349,000

    • 3 Beds
    • 2 Baths
    • 1,729 Sq Ft
    • 8118 E Mitchell St
    • Petoskey, MI

    Charming 3-Bedroom Home on 2 Wooded Acres with Pole Barn! Nestled on a serene, wooded lot, this recently remodeled 3-bedroom, 2-bath home offers the perfect blend of privacy and modern comfort. The open-concept main living area features a cozy wood-burning fireplace, ideal for relaxing or entertaining. Step outside and enjoy nature or work on your hobbies in the spacious 30x40 pole barn—perfect

    Amy McCafferty Coldwell Banker Schmidt - Petoskey

    Section Image
  • 417 Beech St, Petoskey, MI 49770

    $244,900

    • 2 Beds
    • 1 Bath
    • 1,064 Sq Ft
    • 417 Beech St
    • Petoskey, MI

    Just three blocks from downtown Petoskey, this inviting 2-bedroom, 1-bath home offers comfort and convenience. Enjoy peeks of the bay from the front yard, deck, and kitchen window. Thoughtful upgrades in 2022 include a new roof, furnace, updated appliances, a refreshed bathroom, and a screened-in porch—perfect for relaxing. A fenced-in area offers space for pets, and the lower-level second

    Ethan Swiger Real Estate One

    Section Image
  • 4155 Welsch Rd, Petoskey, MI 49770

    $279,000

    • 3 Beds
    • 2 Baths
    • 1,960 Sq Ft
    • 4155 Welsch Rd
    • Petoskey, MI

    Set on 4 acres just outside Petoskey, this well-maintained home offers 3 bedrooms and flexible living spaces ideal for countryside relaxation. The expansive property provides ample privacy and room to enjoy the outdoors, while the large pole barn is perfect for storage, hobbies, or a workshop. Located within easy reach of Petoskey’s shops, restaurants, and schools, this home combines the benefits

    Matthew Murray Berkshire Hathaway HomeServices Real Estate

    Section Image
  • 305 Madison St, Petoskey, MI 49770

    $334,900

    • 3 Beds
    • 1 Bath
    • 1,320 Sq Ft
    • 305 Madison St
    • Petoskey, MI

    Located just blocks from downtown Petoskey, this 2-story home offers a rare blend of walkability and everyday comfort. From parks and the Bear River Recreation Area to local dining, boutiques, and the lakeshore, everything you love about Northern Michigan living is just steps away—yet home feels tucked into its own quiet corner of town. Upstairs, a bedroom offers soft morning light and a view of

    William Winslow Coldwell Banker Schmidt- Harbor Springs

    Section Image
  • 204 Winfield Ave, Petoskey, MI 49770

    $369,900

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • 204 Winfield Ave
    • Petoskey, MI

    This cozy, well maintained, two-bedroom, one bath home is tucked away on a quiet side street just minutes from Petoskey's famed Gaslight District. Inside you will find a light filled kitchen with good flow and a delineated space that also feels open to the living room. The living area has sliding doors that lead out to a deck where there is a sizable fenced in back yard with a shed; a perfect

    Pete Platte Gaslight Group Properties

    Section Image
  • 5748 Evergreen Trail, Petoskey, MI 49770

    $350,000

    • 3 Beds
    • 2 Baths
    • 1,925 Sq Ft
    • 5748 Evergreen Trail
    • Petoskey, MI

    This 3-bedroom, 2-bath home is nestled on a generous 1.6-acre lot that backs directly to state land. The main floor features a functional layout with a cozy wood-burning fireplace, offering warmth and charm. The walkout lower level provides excellent potential for additional living space, a workshop, or future expansion, and includes a pellet stove for efficient supplemental heat. Enjoy peaceful

    David Shuman Bay North Realty Co.

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Radatovich Paul $285,000 Fox Title Company
Boring Christopher D $120,000 Attorney Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radatovich Paul $260,000
Closed Radatovich Emma Ann $260,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $285,000 -5.0% $204 / Sq Ft
07/20/2023 07/20/23 Price Changed $299,900 -7.7% $214 / Sq Ft
07/17/2023 07/17/23 Price Changed $325,000 -5.8% $232 / Sq Ft
07/06/2023 07/06/23 For Sale $345,000 -- $246 / 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 $2,913 $117,900 $117,900 $0
2023 $1,792 $101,400 $101,400 $0
2022 $1,792 $88,500 $88,500 $0
2021 $1,734 $87,800 $87,800 $0
2020 $1,702 $86,000 $86,000 $0
2019 -- $84,900 $84,900 $0
2018 -- $69,300 $69,300 $0
2017 -- $68,300 $68,300 $0
2016 -- $64,100 $64,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 471560

Northern Michigan MLS

APN: 01-16-36-200-073