318 E Mitchell St
Petoskey, MI 49770
- Studio
- 2,500 sqft
Studio
2,500 sqft
Home Value
Trulia Estimate
$339KSince last month
Increased$28K (+9.6%)Since last year
Decreased$7K (-2.1%)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 +72% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $323K |
| July 2026 | $295K |
| June 2026 | $264K |
| May 2026 | $294K |
| April 2026 | $309K |
| March 2026 | $395K |
| February 2026 | $351K |
| January 2026 | $414K |
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 |
|---|---|---|---|---|---|---|---|
0.22 | Single-Family Home | $542,000 | 10/21/25 | 4 | 2.5 | 1,904 | |
0.29 | Single-Family Home | $464,000 | 04/29/26 | 4 | 2 | 2,250 | |
0.42 | Single-Family Home | $785,000 | 01/14/26 | 3 | 2 | 2,900 | |
0.53 | Single-Family Home | $892,625 | 09/29/25 | 2 | 2 | 1,966 | |
0.48 | Single-Family Home | $394,000 | 10/03/25 | 4 | 2 | 1,622 | |
0.40 | Single-Family Home | $87,388 | 12/02/25 | 3 | 1 | 1,008 | |
0.46 | Single-Family Home | $225,000 | 03/27/26 | 2 | 2.5 | 600 | |
0.71 | Single-Family Home | $480,000 | 06/25/26 | 4 | 2 | 1,500 | |
0.57 | Single-Family Home | $350,000 | 06/30/26 | 2 | 1 | 768 | |
0.70 | Single-Family Home | $310,000 | 01/06/26 | 3 | 1 | 1,130 |
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 |
|---|---|---|---|---|---|---|
0.13 | $1,295,000 | 6 | 6 | 3,815 | For Sale | |
0.12 | $1,795,000 | 3 | 2.5 | 2,322 | For Sale | |
0.23 | $319,900 | 2 | 1 | 1,320 | For Sale | |
0.32 | $1,875,000 | 6 | 3.5 | 5,653 | For Sale | |
0.33 | $559,900 | 4 | 3 | 2,318 | For Sale | |
0.33 | $317,200 | 2 | 2 | 1,448 | Off Market | |
0.33 | $639,000 | 4 | 2.5 | 2,412 | For Sale | |
0.32 | $1,175,000 | 4 | 4.5 | 3,336 | For Sale | |
0.35 | $340,000 | 4 | 2 | 1,816 | For Sale | |
0.37 | $371,800 | 3 | 2.5 | 1,788 | Off Market | |
0.38 | $345,000 | 4 | 4 | 3,850 | For Sale | |
0.40 | $789,000 | 4 | 3.5 | 2,541 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1920
Living Area
2,500 sqft
Price/Sqft
$136
About this House
BUY AND OWN...DOWNTOWN STORE OR OFFICE This will be perfect for a DOCTOR'S OFFICE...right in Downtown Petoskey. And you know that people LOVE to come to downtown Petoskey! You can own your own Retail Store. You can BUY this space as a Condominium. 2,500 square feet...front and back entrance...storage room. 2 bathrooms...but more can be added____current offices plus front and back reception areas. Plenty of FREE parking on the streets...and BIG Parking Lot...right by your back entrance.
318 E Mitchell St, Petoskey, MI 49770 is a studio, 2,500 sqft single-family home built in 1920. More recently, it was listed as a rental in May 2011 with an asking price of $10 per month. That rental listing was removed on May 16, 2012. It is currently off market. The Trulia Estimate is $339,000, with a rent estimate of $2,084/month.
Home Details for 318 E Mitchell St
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Exterior Home Features Roof: Other |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 1, 2013 Source: Agent Provided | ListingRemoved | $345,000 |
Nov 30, 2012 Source: Agent Provided | Listed For Sale | $345,000 |
Aug 2, 2012 Source: Agent Provided | ListingRemoved | $345,000 |
May 16, 2012 Source: Agent Provided | ListingRemoved | $2,500 |
Dec 22, 2011 Source: Agent Provided | Listed For Sale | $345,000 |
Oct 6, 2011 Source: Agent Provided | PriceChange | $2,500 Price increased by 24,900% |
May 21, 2011 Source: Agent Provided | Listed For Rent | $10 |
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 318 E Mitchell St
- What is 318 E Mitchell St estimated to be worth?Trulia's estimated value for 318 E Mitchell St in Petoskey, MI is $339,000.
- 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.
- What do residents say about Petoskey?Residents describe Petoskey, MI as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Petoskey, MI.