3 months on rocket

309 Monroe St, Petoskey, MI, 49770

$574,900

Home List Price

$6,827*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
3,531 SqFt
$163/SqFt
House
Schools Nearby

Location

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309 Monroe St, Petoskey$574,900

Buyer Closing Credits

$6,827*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
HeatingElectric
BasementYes
MLS #472948
StatusActive

About 309 Monroe St

This stunning classic Petoskey home built in 1904 for the Zipp family operators of lumber, grocery, and hospitality businesses in the previous centuries has been comprehensively remodeled to blend clean traditional beauty with modern amenities in a prime location to maneuver throughout Petoskey and beyond. As you step onto the gracious front porch and through the front door, you'll be greeted by an inviting ambiance that exudes warmth and elegance. With spacious living areas, high ceilings, and abundant natural light, every corner of this home has been thoughtfully designed to create a sense of harmony and tranquility. The focal point of the large main floor is the gourmet kitchen, with two sinks, ample counter space, and stylish cabinetry. Whether you're hosting a dinner party or enjoying a quiet meal with family, this kitchen/dining/living space is the heart of this home. (Floor plans available upon request.) For an in-town Petoskey home, the primary suite is a luxurious haven, offering a private sanctuary to unwind and recharge. With a spa-like en-suite bathroom, an expansive walk-in closet, and multiple reading/workspace areas, it's the perfect place to escape the hustle and bustle of everyday life or to enjoy working from home. The rest of the nearly 1200 sq. ft. on the second floor includes a well-conceived laundry room and an additional bedroom accessed via wide meandering hallways; the stature of this beauty is noticeably grand. Add a 542 sq. ft. third floor suite, a partially finished lower level and you have space for everyone and everything you need, a rarity of an in-town Victorian era home. Outside are lush plantings, stone walkways, custom retaining walls, a serene patio, a two-story storage shed, and the perfect coffee/cocktail porch. The Bear River Valley Recreational Area is just steps away allowing for a short walk or bike through nature to peacefully take you to the boutiques and acclaimed rest of the Gaslight District. Contact today!

Property Details

Property Features

Property Information:

  • Living Area: 3,531 SqFt

Listing Office:

  • Office Name: Gaslight Group Properties
  • Listing Agent: Michael "Mac" McCarthy

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Wood
  • Interior: Cable, Patio

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Barn

Utilities

Utilities Information:

  • Heating: Electric

Other

Directions Information:

  • Directions: From Downtown Petoskey travel on West Mitchell to Liberty Street, left on Liberty two blocks to Monroe Street 309 is on the left. Also has alley access.

Price Information

Listing Price Info

Price Summary:

  • List Price: $574,900
  • Price Per SqFt: $163/SqFt
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Housing Market Comparison

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

Med. Sold Price

$438.3K

Med. Price/SqFt

$231

Avg. Days On Market

14

# of Sold Homes

15

309 Monroe St vs Petoskey

102 DAYS ON ROCKET

+88 Days

$574,900

+$136.5K More

$163/SqFt

-$68 Less

KEY TAKEAWAY

This property is $136.5K more than the Median Sold Price and $68/SqFt less than other homes in Petoskey, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #472948

Listing Office:

  • Office Name: Gaslight Group Properties
  • Listing Agent: Michael "Mac" McCarthy

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: 4/27/2024, 7:25:15 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

May 17, 2013Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2021 - $135,300
2020 - $109,400
2019 - $107,100
2018 - $95,700
2017 - $76,300

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-1082983
8
/10
  • Lincoln School

  • 616 Connable Ave

  • 0.28 miles

  • Public Magnet Grades KG-5

school-card-donut-1082984
8
/10
  • Central Elementary School

  • 410 State St

  • 0.46 miles

  • Public Magnet Grades PK-5

school-card-donut-1082985
7
/10
  • Sheridan School

  • 1415 Howard St

  • 0.82 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,471. Residents of Petoskey, MI typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 309 Monroe St

What is the listing price of this property?

The listing price of 309 Monroe St property is $574,900.

What type of property is this?

The property 309 Monroe St is a house located in Petoskey, Michigan, 49770.

Is this property for sale now?

Active Listing: 309 Monroe St 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 May 17, 2013 for $70,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 309 Monroe St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 309 Monroe St is 3,531 SqFt (source: MLS/tax record).

Rocket Homes›Michigan›Emmet County›Petoskey›49770›309 Monroe St

This home is located at 309 Monroe St in Petoskey, MI and zip code 49770. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $574,900.

In March 2024 more than 2 listings in Petoskey, MI were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 11 were sold below. Between February 2024 and March 2024, Petoskey, MI real estate market has seen increase in the number of listings by 10.8%. The median list price of listings available in March 2024 was $438,316, while the average time on the real estate market was 14 days.

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

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