715 Homestead Ct Petoskey, MI 49770
4
Beds
3
Baths
4,200
Sq Ft
1.02
Acres
Highlights
- Water Views
- Cathedral Ceiling
- Main Floor Primary Bedroom
- Deck
- Wood Flooring
- First Floor Utility Room
About This Home
As of July 2024Situated just outside of Petoskey this year round or resort home offers luxurious appointments and a sophisticated modern floor plan. The view from nearly every room in the house boasts the spectacular green countryside in the foreground and Lake Michigan’s clear blue water looming in the background. Offered for much, much, less than the owner has invested in the property with two additional privacy lots available for purchase in the front and rear of the home respectively. Seller is motivated!!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,836
Year Built
- Built in 2006
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 4,200 Sq Ft Home
- Cathedral Ceiling
- Insulated Windows
- Family Room
- Living Room
- Dining Room
- First Floor Utility Room
- Wood Flooring
- Water Views
Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Attached Garage
- Driveway
Utilities
- Central Air
- Heating System Uses Natural Gas
- Well
- Natural Gas Water Heater
- Septic System
Additional Features
- Deck
- Sprinkler System
Listing and Financial Details
- Assessor Parcel Number 01-16-34-451-107
Community Details
Overview
- Property has a Home Owners Association
Recreation
- Snowmobile Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 28, 2025
Sold by
Chance Sarah J and Chance Y
Bought by
Chance Sarah J and Casper Anna
Purchase Details
Listed on
Feb 9, 2024
Closed on
Jul 19, 2024
Sold by
Guthrie Jason and Guthrie Sherry
Bought by
Chance Sarah J
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$949,000
Sold Price
$898,000
Premium/Discount to List
-$51,000
-5.37%
Views
241
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.69%
Original Mortgage
$718,400
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 23, 2012
Closed on
Apr 19, 2013
Sold by
Schaller Patrick K
Bought by
Guthrie Jason and Guthrie Sherry
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
David Shuman
Bay North Realty Co.
List Price
$499,900
Sold Price
$442,500
Premium/Discount to List
-$57,400
-11.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.49%
Original Mortgage
$398,250
Interest Rate
3.51%
Purchase Details
Closed on
Feb 18, 2011
Sold by
Schaller Patrick K
Bought by
Schaller Patrick K and Patrick K Schaller Trust Dated May 15, 2
Purchase Details
Closed on
Feb 27, 2007
Sold by
Konopka David A and Garcia Misela
Bought by
Schaller Patrick K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.37%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Nov 7, 2005
Bought by
Konopka David A and Garcia Misela
Similar Homes in Petoskey, MI
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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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | $898,000 | Talon Title Agency | |
| Warranty Deed | $442,500 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $550,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $69,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $718,400 | New Conventional | |
| Previous Owner | $71,500 | Credit Line Revolving | |
| Previous Owner | $398,250 | No Value Available | |
| Previous Owner | $440,000 | Stand Alone First |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | For Sale | $1,300,000 | +44.8% | $296 / Sq Ft |
| 07/19/2024 07/19/24 | Sold | $898,000 | -2.8% | $208 / Sq Ft |
| 05/07/2024 05/07/24 | Price Changed | $924,000 | -2.6% | $214 / Sq Ft |
| 02/09/2024 02/09/24 | For Sale | $949,000 | +114.5% | $219 / Sq Ft |
| 04/19/2013 04/19/13 | Sold | $442,500 | -11.5% | $105 / Sq Ft |
| 03/12/2013 03/12/13 | Pending | -- | -- | -- |
| 03/23/2012 03/23/12 | For Sale | $499,900 | -- | $119 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
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 | $5,836 | $415,200 | $415,200 | $0 |
| 2023 | $5,320 | $361,800 | $361,800 | $0 |
| 2022 | $5,320 | $325,900 | $325,900 | $0 |
| 2021 | $5,146 | $308,300 | $308,300 | $0 |
| 2020 | $5,052 | $294,900 | $294,900 | $0 |
| 2019 | $4,753 | $292,300 | $292,300 | $0 |
| 2018 | $4,640 | $264,000 | $264,000 | $0 |
| 2017 | -- | $261,600 | $261,600 | $0 |
| 2016 | -- | $240,900 | $240,900 | $0 |
| 2015 | -- | $216,000 | $0 | $0 |
| 2014 | -- | $186,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Jones
Seller's Agent in 2025
Stephanie Jones
Kidd & Leavy Real Estate Co. LLC
(231) 844-4410
157 Total Sales
-
Michael MacCarthy
Seller's Agent in 2024
Michael MacCarthy
Gaslight Group Properties
(231) 838-7700
194 Total Sales
-
David Shuman
Buyer's Agent in 2024
David Shuman
Bay North Realty Co.
(231) 622-3235
167 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 433042
APN: 01-16-34-451-107
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