$714,700
- 2 Beds
- 2.5 Baths
- 3,350 sqft
215 W Mitchell St, Petoskey, MI 49770
Est. Refi. Payment $4,329/mo*
Refinance Your HomeCurrently Off Market - Sold May 20, 2022 for $549,000
Home Value
Trulia Estimate
$715KSince last month
Increased$10K (+1.4%)Since last year
Increased$32K (+4.7%)Since last sale
Increased$166K (+30.2%)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 +92% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $715K |
| August 2026 | $711K |
| July 2026 | $705K |
| June 2026 | $719K |
| May 2026 | $712K |
| April 2026 | $700K |
| March 2026 | $716K |
| February 2026 | $685K |
| January 2026 | $700K |
2025 | |
2024 | |
2023 | |
2022 | |
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 |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $464,000 | 04/29/26 | 4 | 2 | 2,250 | |
0.22 | Single-Family Home | $542,000 | 10/21/25 | 4 | 2.5 | 1,904 | |
0.72 | Single-Family Home | $785,000 | 01/14/26 | 3 | 2 | 2,900 | |
0.21 | Single-Family Home | $465,000 | 09/12/25 | 3 | 3 | 2,500 | |
0.70 | Single-Family Home | $512,000 | 05/27/26 | 3 | 1.5 | 1,446 | |
0.35 | Single-Family Home | $150,000 | 04/17/26 | 5 | 2 | 2,108 | |
0.57 | Single-Family Home | $377,000 | 07/23/26 | 4 | 2 | 1,518 | |
0.10 | Single-Family Home | $330,000 | 06/12/26 | 5 | 3 | 2,300 | |
0.50 | Single-Family Home | $225,000 | 03/27/26 | 2 | 2.5 | 600 | |
0.77 | Single-Family Home | $892,625 | 09/29/25 | 2 | 2 | 1,966 |
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 |
|---|---|---|---|---|---|---|
0.05 | $559,900 | 4 | 3 | 2,318 | For Sale | |
0.07 | $345,000 | 4 | 4 | 3,850 | For Sale | |
0.08 | $322,800 | 2 | 2 | 1,448 | Off Market | |
0.12 | $340,000 | 4 | 2 | 1,816 | For Sale | |
0.21 | $1,295,000 | 6 | 6 | 3,815 | For Sale | |
0.19 | $399,900 | 5 | 2 | 2,461 | For Sale | |
0.33 | $564,900 | 2 | 2.5 | 2,329 | For Sale | |
0.35 | $249,900 | 5 | 2 | 2,108 | For Sale | |
0.43 | $1,795,000 | 3 | 2.5 | 2,322 | For Sale | |
0.44 | $609,000 | 4 | 2.5 | 2,412 | For Sale | |
0.52 | $774,900 | 4 | 3.5 | 2,541 | For Sale | |
0.61 | $1,175,000 | 4 | 4.5 | 3,336 | For Sale |
Local Information
-- mins to
Home Highlights
Single-Family Home
3,350 sqft
$213/sqft
About this House
Looking for a diverse income or personal use property? This commercial/residential building in the heart of Petoskey offers a multitude of possibilities and is currently configured as main floor office/studio with a sleek newly renovated second floor condominium. The income potential is vast as you could run your business on the main floor and live above or live above and lease below. The real wild card is the potential to short term lease the upstairs which current zoning may allow with a license. Being newly renovated means this is set to go from the moment you take ownership and the property features: views of Little Traverse Bay from both levels, newer mechanicals/electric service, updated lighting/doors/surfaces, ample off-street parking in the rear, fenced in dog area, second floor bright and happy sun deck, hard wood flooring, and so much more. The potential to generate revenue is strong and the future of Petoskey as a regional hub of commerce is bright. This location between McLaren Northern Michigan Hospital and the Gaslight District is an ideal place to position yourself for the future. Call today to schedule a personal tour.
215 W Mitchell St, Petoskey, MI 49770 is a 2 bedroom, 3 bathroom, 3,350 sqft single-family home. It last sold for $549,000 on May 20, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $714,700, with a rent estimate of $2,415/month.
Home Details for 215 W Mitchell St
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Heating & Cooling Heating: GasHeating Fuel: Gas |
Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerRefrigeratorWasher |
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Property Type / Style Property Type: Single Family Home |
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Exterior Home Features Deck |
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Units in Building: 2 |
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Lot Area: 6098 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 20, 2022 Source: N/A | Sold | $549,000 |
Apr 23, 2022 Source: Northern Michigan MLS #467963 | Listed For Sale | $549,000 |
Dec 26, 2018 Source: N/A | Sold | $217,517 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2021 | Unavailable | $317,200 |
Home facts updated by county records
Market trends in Petoskey
Last updated July 2026
Avg. sale price
$453K
$6.67KMoM
Sale-to-List Price
—
Price per sq ft
—
Available listings
190
19MoM
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 215 W Mitchell St
- What is 215 W Mitchell St estimated to be worth?Trulia's estimated value for 215 W Mitchell St in Petoskey, MI is $714,700.
- What is the price history for 215 W Mitchell St?215 W Mitchell St in Petoskey, MI last sold for $549,000 in May 2022.
- 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 $453K. That is down $6.67K from the prior month.
- Does 215 W Mitchell St have laundry facilities?Yes, 215 W Mitchell St in Petoskey, MI has in-unit laundry.
- How big is the lot at 215 W Mitchell St?The lot at 215 W Mitchell St in Petoskey, MI is about 0.14 acres (6,098 sq ft).

