NOT LISTED FOR SALE

Estimated Value: $576,000 - $839,000

5 Beds
2 Baths
2,925 Sq Ft
$237/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2024

Last sale price $660,000 $226 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,287 / mo

33 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • Living Room
  • Wood Flooring
  • 4 Car Detached Garage
  • 4-minute walk to St Francis Xavier Playground

About This Home

As of May 2024

Introducing 714 State St, Petoskey - A spacious home nestled in the heart of Petoskey's historic downtown district. This picturesque home offers timeless appeal with its historic charm and modern amenities. Featuring 5 bedrooms plus an office, a large mudroom, spacious living areas and a brand-new gourmet kitchen. This is all complemented by a rare 4-car garage with a newly added staircase to storage above. If you’re looking for low maintenance, take advantage of the added convenience of a public-maintained alley, ensuring your driveway is plowed during snowy winters. Experience the unparalleled convenience of this home's prime location, just a leisurely stroll away from downtown. Don't miss the opportunity to own this exquisite piece of Petoskey's heritage. *No showings until Saturday, 4/27! Open Houses from 12:00 PM to 2:00 PM on both Saturday and Sunday!

Last Agent to Sell the Property

Russell Schlehuber

@properties Christie's International Real Estate - Petoskey License #6506044677 Listed on: 04/25/2024

@properties Christie's International Real Estate - Petoskey

Last Buyer's Agent

Kyle Lieberman

Kidd & Leavy Real Estate Co. LLC

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1912

Lot Details

  • 7,275

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,925 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Michigan Basement

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Driveway

Utilities

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

Additional Features

  • Deck
  • Property is zoned R-2

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-179-019

Home Details

Home Type

Single Family

Year Built

Built in 1912

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1912
  • Lvt Date: 04/25/2024
  • Section: 5
  • Second Address Number: 714
  • Directions: From downtown: East on E Mitchell, Right on Woodland Ave, Left on State St, home is on the right.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1912

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Paved Drive, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 2925
  • Master Bedroom: Dimensions: 14'9" x 11.6", On Level: Upper
  • Bedroom 2: Dimensions: 11'6" x 15'9", On Level: Upper
  • Bedroom 3: Dimensions: 12'1 x 12'4", On Level: Upper
  • Bedroom 4: Dimensions: 8'8" x 15'10", On Level: Upper
  • Basement: Michigan
  • Dining Room: Dimensions: 11,1" x 17'10", On Level: Main
  • Kitchen: Dimensions: 26,9" x 15'1", On Level: Main
  • Family Room: Dimensions: Mudroom: 15'5"x12'9", On Level: Main
  • Living Room: Dimensions: 27'7" x 17'3", On Level: Main
  • Above Grade Finished Sq Ft: 2925
  • Bathroom 1: Dimensions: 11' x 6'10", On Level: Upper
  • Bathroom 2: Dimensions: 8' x 4'11", On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 2
  • Rooms 1: Dimensions: Bedroom 5/Gym 15'5 x 12'9, On Level: Upper
  • Rooms 2: Dimensions: Office: 15'5" x 10'7", On Level: Main
  • Windows: Insulated, Vinyl

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Four +

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Zoning: R-2

Tax Info

  • Assessor Parcel Number: 52-19-05-179-019

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
Apr 25, 2024
Closed on
May 28, 2024
Sold by
Bought by
Seller's Agent
Russell Schlehuber
@properties Christie's International Real Estate - Petoskey
Buyer's Agent
Kyle Lieberman
Kidd & Leavy Real Estate Co. LLC
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Views
77
Current Estimated Value
$692,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,931
Avg. Annual Appreciation
2.21%
Original Mortgage
$420,000
Outstanding Balance
$411,137
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$281,794

Purchase Details

Closed on
Sep 30, 2022
Sold by
Bought by

Purchase Details

Listed on
Jul 14, 2021
Closed on
Mar 14, 2022
Sold by
Bought by
Seller's Agent
David Shuman
Bay North Realty Co.
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.49%
Original Mortgage
$357,600
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2019
Closed on
Aug 1, 2019
Sold by
Bought by
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$289,900
Sold Price
$255,000
Premium/Discount to List
-$34,900
-12.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.68%

Purchase Details

Closed on
Mar 3, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,900
Interest Rate
4.29%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 1, 1996
Bought by

Purchase Details

Closed on
Jun 1, 1987
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

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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
-- --
-- --
$447,000 --
$255,000 Attorneys Title
$54,900 --
$127,500 --
$54,900 --
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 $420,000
Previous Owner $357,600
Previous Owner $137,900
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
05/28/2024 05/28/24 Sold $660,000 -2.2% $226 / Sq Ft
04/25/2024 04/25/24 For Sale $675,000 +51.7% $231 / Sq Ft
03/14/2022 03/14/22 Sold $445,000 -4.3% $152 / Sq Ft View Prior Sale
02/01/2022 02/01/22 For Sale $465,000 +4.5% $159 / Sq Ft
02/01/2022 02/01/22 Off Market $445,000 -- --
01/25/2022 01/25/22 Price Changed $465,000 +1.1% $159 / Sq Ft
01/22/2022 01/22/22 For Sale $459,900 +3.3% $157 / Sq Ft
01/22/2022 01/22/22 Off Market $445,000 -- --
01/03/2022 01/03/22 Price Changed $459,900 -3.2% $157 / Sq Ft
10/20/2021 10/20/21 Price Changed $474,900 -1.0% $162 / Sq Ft
09/16/2021 09/16/21 Price Changed $479,900 -4.0% $164 / Sq Ft
08/12/2021 08/12/21 Price Changed $499,900 -2.9% $171 / Sq Ft
07/29/2021 07/29/21 Price Changed $514,900 -3.7% $176 / Sq Ft
07/14/2021 07/14/21 For Sale $534,900 +109.8% $183 / Sq Ft
08/01/2019 08/01/19 Sold $255,000 -12.0% $87 / Sq Ft View Prior Sale
05/16/2019 05/16/19 For Sale $289,900 -- $99 / 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 $5,741 $250,100 $250,100 $0
2025 $5,741 $218,800 $218,800 $0
2024 $55 $191,800 $191,800 $0
2023 $3,609 $158,500 $158,500 $0
2022 $3,609 $150,500 $150,500 $0
2021 $3,513 $129,200 $129,200 $0
2020 $3,551 $98,800 $98,800 $0
2019 -- $96,700 $96,700 $0
2018 -- $96,300 $96,300 $0
2017 -- $90,500 $90,500 $0
2016 -- $80,500 $80,500 $0
2015 -- $77,200 $0 $0
2014 -- $69,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 473573

Northern Michigan MLS

APN: 52-19-05-179-019

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