NOT LISTED FOR SALE

7365 Channel Rd Petoskey, MI 49770

Estimated Value: $719,000 - $913,000

2 Beds
1 Bath
1,100 Sq Ft
$717/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $700,000 $636 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,368/month

65 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Cathedral Ceiling
  • Wood Frame Window
  • Docks
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage

About This Home

As of February 2024

Welcome to your lakeside retreat on the picturesque shores of Crooked Lake! This charming property boasts 150 ft of pristine waterfront offering a perfect blend of tranquility and recreation. The expansive lawn gently slopes down to the water's edge, providing a seamless connection between your home and the sandy beach. Enjoy breathtaking sunset views every evening, creating a serene atmosphere for relaxation and entertainment. Nestled in a neighborhood of other fine homes, this property ensures both privacy and a sense of community. Located just a local 10 minute drive from downtown Petoskey, you'll have the convenience of local amenities while enjoying the peace of lakeside living. The property features an artesian well and updated mound system installed in 2007 and is strategically positioned for a potential 3 bedroom home, offering flexibility for those looking to build their dream residence. The existing quaint A-frame home features a new roof and furnace, and would make for a nice cottage or a place to use while planning for the future. Whether you're seeking a weekend getaway or envisioning a year-round lakeside sanctuary, this property offers a unique opportunity to embrace the beauty of Crooked Lake. Don't miss your chance to own a slice of waterfront paradise with all the conveniences of Petoskey just a short drive away. Your dream home awaits by the serene shores!

Last Agent to Sell the Property

C.T. Shuman

Real Estate One Listed on: 12/12/2023

Real Estate One

Co-Listed By

Steve Shuman

Real Estate One

Last Buyer's Agent

Stephanie Breckenfeld

Bay North Realty Co.

Home Details

Home Type

  • Single Family

Lot Details

  • 150 Feet of Waterfront
  • Property is zoned SR

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Wood Frame Window
  • Family Room
  • Dining Room
  • Water Views
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-17-29-200-019

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 12/12/2023
  • Section: 29
  • Second Address Number: 7365
  • Directions: Pickerel Lake Road to Channel Rd, then continue on Channel approximately 1 1/2 miles to property on left hand side.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Cathedral Ceilings, Ceiling Fans, Dock, Dryer, Patio, Range, Refrigerator, Satellite Dish, Washer
  • Total Finished Sq Ft: 1100
  • Master Bedroom: Dimensions: 12X9, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Basement: Crawl
  • Dining Room: Dimensions: 8X6, On Level: Main
  • Kitchen: Dimensions: 9X10, On Level: Main
  • Family Room: Dimensions: 20x16, On Level: Main
  • Living Room: On Level: N/A
  • Above Grade Finished Sq Ft: 1100
  • Bathroom 1: Dimensions: 6X9, On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 2
  • Full Bathrooms: 1
  • Rooms 1: Dimensions: 7X11, On Level: Upper
  • Rooms 2: On Level: N/A
  • Windows: Wood Sash, Thermo

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Crooked
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 150
  • Waterfront Water Access: Water Front
  • Water View: Yes
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

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

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: Septic
  • Water: Well

Schools

  • School District: Petoskey

Lot Info

  • Zoning: SR

Tax Info

  • Assessor Parcel Number: 14-17-29-200-019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 1984
Bought by
Hasse
Current Estimated Value
$788,670

Purchase Details

Closed on
Mar 1, 1979
Bought by
Molee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hasse $55,500 --
Molee $54,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2024 02/15/24 Sold $700,000 -6.7% $636 / Sq Ft
12/12/2023 12/12/23 For Sale $749,900 -- $682 / 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 $2,685 $331,100 $331,100 $0
2024 $2,685 $241,200 $241,200 $0
2023 $2,471 $198,900 $198,900 $0
2022 $2,471 $194,600 $194,600 $0
2021 $2,392 $164,500 $164,500 $0
2020 $2,324 $161,600 $161,600 $0
2019 -- $132,000 $132,000 $0
2018 -- $129,900 $129,900 $0
2017 -- $126,500 $126,500 $0
2016 -- $120,600 $120,600 $0
2015 -- $115,800 $0 $0
2014 -- $107,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 472807

Northern Michigan MLS

APN: 14-17-29-200-019