$685,000
- 3 Beds
- 1 Bath
- 1,540 sqft (on 9.90 acres)
1951 E Mitchell Rd, Petoskey, MI 49770
Est. Refi. Payment $4,377/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 2, 2021 for $550,000
Home Value
Trulia Estimate
$685KSince last month
Increased$86K (+14.3%)Since last year
Increased$113K (+19.7%)Since last sale
Increased$138K (+25.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +325% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $688K |
| August 2026 | $602K |
| July 2026 | $617K |
| June 2026 | $611K |
| May 2026 | $608K |
| April 2026 | $617K |
| March 2026 | $597K |
| February 2026 | $606K |
| January 2026 | $558K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.48 | Single-Family Home | $430,000 | 05/12/26 | 3 | 2 | 1,762 | |
0.65 | Single-Family Home | $480,000 | 06/25/26 | 4 | 2 | 1,500 | |
1.03 | Single-Family Home | $400,000 | 10/01/25 | 3 | 1 | 1,000 | |
1.03 | Single-Family Home | $512,000 | 05/27/26 | 3 | 1.5 | 1,446 | |
0.88 | Single-Family Home | $357,500 | 07/23/26 | 3 | 2 | 1,350 | |
0.83 | Single-Family Home | $245,000 | 03/06/26 | 3 | 2 | 1,750 | |
1.02 | Single-Family Home | $420,000 | 09/04/26 | 4 | 2 | 1,537 | |
1.18 | Single-Family Home | $519,900 | 06/15/26 | 3 | 2 | 1,540 | |
0.85 | Single-Family Home | $485,000 | 01/22/26 | 4 | 2.5 | 2,951 | |
0.97 | Single-Family Home | $785,000 | 01/14/26 | 3 | 2 | 2,900 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.09 | - | - | - | - | Off Market | |
0.12 | - | - | - | - | Off Market | |
0.14 | $510,200 | Studio | - | 1,200 | Off Market | |
0.14 | $500,000 | 3 | 2.5 | 1,908 | For Sale | |
0.15 | $285,100 | Studio | - | - | Off Market | |
0.15 | $884,200 | Studio | - | - | Off Market | |
0.15 | $1,675,300 | Studio | - | - | Off Market | |
0.15 | $1,177,300 | Studio | - | - | Off Market | |
0.16 | $406,100 | Studio | - | 3,060 | Off Market | |
0.18 | $511,300 | 3 | 1 | 1,200 | Off Market | |
0.19 | - | 1 | 1 | - | Off Market | |
0.21 | $479,500 | Studio | - | - | Off Market | |
0.21 | $456,900 | Studio | - | - | Off Market | |
0.21 | $455,500 | Studio | - | - | Off Market | |
0.21 | $455,500 | Studio | - | - | Off Market | |
0.21 | $455,500 | Studio | - | - | Off Market | |
0.21 | $993,500 | Studio | - | - | Off Market | |
0.23 | $1,010,100 | Studio | - | - | Off Market | |
0.23 | $764,100 | Studio | - | - | Off Market | |
0.23 | - | - | - | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
9.9 acre lot
1,540 sqft
$445/sqft
About this House
LOCATION LOCATION LOCATION. 9.7+/- acres in Bear Creek Township. Old farm offers so many possibilities. Easily re- zoned to R2. which is consistent with the twp zoning plans. This property has endless opportunities of resd/commercial business possibilities. Located on Mitchell just east of downtown and adjacent to the nature preserve and across from many businesses, this property is one of the last parcels available in this prestigious area of endless business opportunities locations. Would also make a great residential development.
1951 E Mitchell Rd, Petoskey, MI 49770 is a 3 bedroom, 1 bathroom, 1,540 sqft single-family home. It last sold for $550,000 on Jul 2, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $685,000, with a rent estimate of $1,742/month.
Home Details for 1951 E Mitchell Rd
|
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Property Type / Style Property Type: Single Family Home |
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Lot Area: 9.90 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 6, 2021 Source: WWMLS | ListingRemoved | |
Jul 6, 2021 Source: WWMLS #325573 | Listed For Sale | $600,000 |
Jul 2, 2021 Source: WWMLS #325573 | Sold | $550,000 |
Nov 25, 2020 Source: Agent Provided | PriceChange | $975,000 Price decreased by 25% |
Aug 24, 2020 Source: Agent Provided | Listed For Sale | $1,300,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2026 | $12,469 | $402,100 |
Home facts updated by county records
Market trends in Petoskey
Last updated August 2026
Avg. sale price
$455K
$1.17KMoM
Sale-to-List Price
โ
Price per sq ft
$270
$24MoM
Available listings
182
8MoM
Around this home
What Locals Say about Petoskey
At least 90 Trulia users voted on each feature.
89 % Say it's dog friendly
80 % Say car is needed
79 % Say people would walk alone at night
78 % Say there's wildlife
75 % Say parking is easy
74 % Say there's holiday spirit
74 % Say yards are well-kept
72 % Say kids play outside
72 % Say streets are well-lit
69 % Say it's quiet
66 % Say they plan to stay for at least 5 years
63 % Say it's walkable to restaurants
61 % Say there are sidewalks
58 % Say neighbors are friendly
53 % Say it's walkable to grocery stores
38 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1951 E Mitchell Rd
- What is 1951 E Mitchell Rd estimated to be worth?Trulia's estimated value for 1951 E Mitchell Rd in Petoskey, MI is $685,000.
- What is the price history for 1951 E Mitchell Rd?1951 E Mitchell Rd in Petoskey, MI last sold for $550,000 in July 2021.
- Is Petoskey a buyer's or seller's market?Petoskey is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Petoskey?The median sale price in Petoskey is $455K. That is up $1.17K from the prior month.
- How big is the lot at 1951 E Mitchell Rd?The lot at 1951 E Mitchell Rd in Petoskey, MI is about 9.9 acres.

