14 days on rocket

2083 Lower Balcony, Petoskey, MI, 49770

$585,000

Home List Price

$6,947*

Closing Credit

3 Bedrooms
2 Full Baths
2,356 SqFt
$248/SqFt
House
Schools Nearby

Location

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2083 Lower Balcony, Petoskey$585,000

Buyer Closing Credits

$6,947*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage-Attached
Attached Garage2 spaces
Year Built2007
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceGas Fireplace
MLS #473705
Lot Size1.03 Acres
StatusActive

About 2083 Lower Balcony

Welcome to 2083 Lower Balcony, Petoskey! Nestled in the highly sought-after community of Chapel Hill, this stunning home offers tranquility and scenic views. With spacious interiors featuring a main floor master bedroom and en suite, a cozy three-season room, and gas fireplaces in both the living room and master bedroom, it's the perfect retreat for those seeking both relaxation and convenience. Enjoy the expansive one-acre lot, complete with a great backyard patio for grilling and entertaining. Plus, the property includes an irrigation system, ensuring your lawn stays lush. With a basement offering an additional 1,000 square feet of unfinished space, there's incredible potential to add value to this already wonderful home. Being centrally located, it's less than five miles from downtown Petoskey, Walloon Lake, and Jone's Landing—a fantastic public beach and boat launch. Don't miss your chance to call this delightful property 'home'! Open house this Sunday from 10:00 AM to 12:00 PM.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Living Area: 2,356 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate - Petoskey
  • Listing Agent: Russ Schlehuber

Interior Features

Interior Information:

  • Appliances: Microwave, Ceiling Fan(s), Dishwasher, Dryer, Disposal, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Cable, Cathedral Ceiling(s), Ceiling Fan(s), Fireplace, Patio, Sprinkler System
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio, Sprinklers

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage-Attached

Lot Features

Lot Information:

  • Lot: Paved, Sprinklers
  • Lot Size: 1.03 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: From Petoskey take River Rd South about 3.1 miles to the Chapel Hill Association. Turn right. Go to the Lower Balcony turn right. Go to the end of the street. Home on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $585,000
  • Price Per SqFt: $248/SqFt
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Housing Market Comparison

See how this home compares to others in Petoskey, MI.

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Petoskey, MI

City

Med. Sold Price

$430.5K

Med. Price/SqFt

$231

# of Sold Homes

13

2083 Lower Balcony vs Petoskey

14 DAYS ON ROCKET

$585,000

+$154.4K More

$248/SqFt

+$17 More

KEY TAKEAWAY

This property is $154.4K more than the Median Sold Price and $17/SqFt more than other homes in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #473705

Listing Office:

  • Office Name: @properties Christie's International Real Estate - Petoskey
  • Listing Agent: Russ Schlehuber

IDX The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Northern Michigan MLS (NM-MLS). The listings displayed come from various NM-MLS. member offices who have chosen to participate in NM-MLSX IDX, the detailed information The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing about said listings includes the listing office information. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the site hosting broker(s), nor the listing broker or NM-MLS, or this broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2024 NM-MLS. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2024, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 01, 2018Home Sold
$312,500

Tax History

YEARPROP. TAXASSESSMENT
2021 - $167,500
2020 - $161,300
2019 - $156,200
2018 - $158,400
2017 - $161,200

History based on county public records data.

Payment Calculator

$2,987

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,820

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-458302
8
/10

  • Sheridan School

  • 1415 Howard St

  • 3.48 miles

  • Public Magnet Grades KG-5

school-card-donut-458303
6
/10

  • Ottawa Elementary School

  • 871 Kalamazoo Ave

  • 3.68 miles

  • Public Magnet Grades KG-5

school-card-donut-458304
7
/10

  • Central Elementary School

  • 410 State St

  • 4.10 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,897. Residents of Petoskey, MI typically earn between $35k-100k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2083 Lower Balcony

What is the listing price of this property?

The listing price of 2083 Lower Balcony property is $585,000.

What type of property is this?

The property 2083 Lower Balcony is a house located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 2083 Lower Balcony is For Sale (Active/New) which means the seller is accepting offers.

When was this property sold last time and for how much?

The last sale was on October 1, 2018 for $312,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2083 Lower Balcony has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2083 Lower Balcony is 2,356 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2083 Lower Balcony is 2007.

Rocket Homes›Michigan›Emmet County›Petoskey›49770›2083 Lower Balcony

This home is located at 2083 Lower Balcony in Petoskey, MI and zip code 49770. This 2,356 square foot home, which was built in 2007, sits on a 1.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $585,000.

In April 2024, from all listings sold in Petoskey, MI there were more than 3 sold above asking price, over 6 sold below and more than 4 were sold right at the asked price. Between March 2024 and April 2024, Petoskey, MI real estate market has seen increase in the number of listings by 36.9%.

From Rocket Homes Real Estate and based on county public records data.

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