NOT LISTED FOR SALE

715 E Lake St Petoskey, MI 49770

Estimated Value: $553,955 - $787,000

3 Beds
2 Baths
1,929 Sq Ft
$326/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $500,000 $259 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,721/month

45 Days on Market

Highlights

  • Second Garage
  • Lower Floor Utility Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Wood Frame Window
  • Living Room

About This Home

As of June 2023

Do you dream of walking through your front door, down the steps of your covered porch and onto the sidewalk to stroll the streets of one of Northern Michigan's storybook communities? This classic Victorian is situated in one of Petoskey's most sought after downtown locations. You will love the easy access to dining, shopping, schools and all in-town living in Petoskey offers. This charming property is oozing with potential. With original wood floors, upgraded electrical, and a newer furnace, you'll appreciate the combination of historic charm and modern amenities. Plus, the detached two-car garage with a carriage house provides ample storage and potential for additional living space. Whether you're looking for a cozy night in front of the fireplace, a night out on the town, or an evening spent entertaining in the spacious living areas, this home will meet all your needs. Don't miss out on the opportunity to make this unique home your own. Contact us today to schedule a viewing.

Last Agent to Sell the Property

William Winslow

Coldwell Banker Schmidt- Harbor Springs Listed on: 04/24/2023

Coldwell Banker Schmidt- Harbor Springs

Last Buyer's Agent

Marty Moody

Lynda's Real Estate Service License #6506043488

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1890

Lot Details

  • Property is zoned COP R-2

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,929 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Block Basement Construction

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Second Garage
  • Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-126-026

Home Details

Home Type

Single Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1890
  • Lvt Date: 04/25/2023
  • Section: 5
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1890

Interior Features

  • Features: Ceiling Fans, Dishwasher, Garbage Disposal, Paved Drive, Range, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 1929
  • Master Bedroom: Dimensions: 13.5 x 13.2, On Level: Upper
  • Bedroom 2: Dimensions: 12.4 x 13.2, On Level: Upper
  • Bedroom 3: Dimensions: 15.2 x 13.8, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Basement: Block
  • Dining Room: Dimensions: 11.7 x 13.3, On Level: Main
  • Kitchen: Dimensions: 14.11 x 13.5, On Level: Main
  • Family Room: Dimensions: 14.5 x 13.3, On Level: Main
  • Living Room: Dimensions: 13.9 x 13.7, On Level: Main
  • Above Grade Finished Sq Ft: 1929
  • Bathroom 1: Dimensions: 5.7 x 12.3, On Level: Main
  • Bathroom 2: Dimensions: 12.2 x 13.2, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash

Exterior Features

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

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Lot Info

  • Zoning: COP R-2

Tax Info

  • Assessor Parcel Number: 52-19-05-126-026

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2015
Sold by
Zipp Thomas and Zipp Cynthia
Bought by
Zipp Thomas and Zipp Cynthia
Current Estimated Value
$629,739

Purchase Details

Closed on
Aug 20, 1998
Bought by
Zipp Thomas D and Zipp Cynthia B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Zipp Thomas -- None Available
Zipp Thomas D $128,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $500,000 +0.2% $259 / Sq Ft
04/24/2023 04/24/23 For Sale $499,000 -- $259 / 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
2025 $5,181 $166,800 $166,800 $0
2024 $5,181 $150,200 $150,200 $0
2023 $3,964 $136,100 $136,100 $0
2022 $3,964 $115,000 $115,000 $0
2021 $3,851 $108,900 $108,900 $0
2020 $3,861 $91,800 $91,800 $0
2019 -- $87,600 $87,600 $0
2018 -- $91,800 $91,800 $0
2017 -- $90,200 $90,200 $0
2016 -- $91,200 $91,200 $0
2015 -- $83,500 $0 $0
2014 -- $83,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 470840

Northern Michigan MLS

APN: 52-19-05-126-026