505 State St, Petoskey, MI 49770
OFF MARKET

505 State St
Petoskey, MI 49770

  • 5 Beds
  • 2 Baths
  • 2,898 sqft

$541,400

Trulia Estimate
as of May 25, 2026
Est. Refi. Payment $3,218/mo*
Refinance Your Home

$541,400

Trulia Estimate
as of May 25, 2026
Est. Refi. Payment $3,218/mo*
Refinance Your Home
5 Beds
2 Baths
2,898 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Price includes $10,000 allowance for renovations. Move in ready. Electrical service has been completely updated as well as the plumbing and hot water heating system. In town home ready for the next loving family. Walk anywhere to all Petoskey has to offer. Lots of potential in the backyard with Koi pond, garden area and solitude. The fenced dog run area is perfect for the furry family members. Solid home with good newer appliances. Large kitchen with 2 full size sinks and lots of counter space and storage. There is a very large third floor area accessed by stairway from the second floor hallway. This airy space has many use options such as fitness area, craft/art studio, bedroom, theater room or just use your imagination. Exterior utility shed equipped with lawn/garden tools included in sale price. Personal furnishings are not included in the listing price however they are negotiable.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 505 State St

Interior Features

Heating & Cooling
Heating: Baseboard, GasCooling System: OtherHeating Fuel: Baseboard
Interior Details
Types of Rooms: Dining Room, Family Room
Appliances & Utilities
DisposalDryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltPatio
Parking & Garage
Parking Space: 1

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Price History for 505 State St

DatePriceEventSource
09/27/2019$265,000Sold
N/A
09/07/2019$275,000Listed For SaleAgent Provided
12/02/2016$269,000ListingRemovedAgent Provided
10/25/2016$269,000PriceChange
Agent Provided
06/17/2016$279,900PriceChange
Agent Provided
04/15/2016$299,000Listed For SaleAgent Provided
04/02/2013$170,000Sold
N/A
12/04/2012$205,000Listed For SaleAgent Provided
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Property Tax and Assessment

Year2021
Tax
Assessment$262,600
Home facts updated by county records

Comparable Sales for 505 State St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
719 State St, Petoskey, MI
0.18
Single-Family Home
$785,000
01/14/26
3
2
2,900
524 Cherry St, Petoskey, MI
0.30
Single-Family Home
$394,000
10/03/25
4
2
1,622
920 State St, Petoskey, MI
0.32
Single-Family Home
$550,000
07/24/25
5
3.5
2,240
420 Wachtel Ave, Petoskey, MI
0.51
Single-Family Home
$464,000
04/29/26
4
2
2,250
102 State St, Petoskey, MI
0.37
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
712 Lookout St, Petoskey, MI
0.29
Single-Family Home
$892,625
09/29/25
2
2
1,966
1111 Petoskey St, Petoskey, MI
0.46
Single-Family Home
$759,000
08/01/25
5
3.5
4,253
612 E Mitchell St, Petoskey, MI
0.13
Single-Family Home
$470,000
08/19/25
5
2
2,000
315 W Mitchell St, Petoskey, MI
0.59
Single-Family Home
$199,000
06/03/25
4
3
1,314
909 Emmet St, Petoskey, MI
0.36
Single-Family Home
$233,000
06/30/25
2
1
907

Nearby homes

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Assigned Schools

These are the assigned schools for 505 State St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Petoskey

At least 89 Trulia users voted on each feature.

  • 89 % Say it's dog friendly

  • 80 % Say car is needed

  • 78 % Say people would walk alone at night

  • 77 % Say there's wildlife

  • 75 % Say there's holiday spirit

  • 75 % Say parking is easy

  • 74 % Say yards are well-kept

  • 73 % 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

  • 62 % Say there are sidewalks

  • 58 % Say neighbors are friendly

  • 53 % Say it's walkable to grocery stores

  • 39 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kalajhutchinsoncounseling
    "Kind and friendly. Helpful and connected with resources in the area. Clean and beautiful. Great community clean up and services. Lots of restaurants and stores to fill your needs. "
    0
    Flag
  • DavD
    "I love it here and have lived here for over 30 years. This is the most safest and beautiful town in Michigan!"
    0
    Flag
  • Rick Pawley
    "Bike trail. Beach. Rock collecting. State park. Victorian homes. Close shopping. Many restaurants nearby. "
    0
    Flag
  • Leirik Wysocki
    "Avoid going through Bay View in the summer time. Unless you want to lose an hour of your time haha "
    0
    Flag
  • Reed_perkins
    "Top quality performing arts and music in the historical community of Bay View, which sits inside Petoskey "
    0
    Flag
  • khaalck
    "I am less than 10 minutes from everything within the city limits. I also live close to grocery stores. "
    0
    Flag
  • Ktwichel3
    "It’s quite except for new years and the 4th where the city has accepted the use of fireworks. Huge mistake!"
    0
    Flag
  • Angela188
    "Petoskey art in the park, winter festival, movies in the park, open house nights, bliss fest, festival by the bay "
    0
    Flag
  • Josephmccarron64
    "There are many families in this neighborhood and surrounding ones. Lots of pets, people are pleasant and friendly"
    0
    Flag
  • Melissa.hundey
    "The downtown truck or treating the Sat before Halloween The winter carnival in February at the winter sports part "
    0
    Flag
  • Emily C.
    "Schools are great. Nice neighborhood and neighbors too lots of parks and things to do. Lots of sports for kids to join"
    1
    Flag
  • Kendrasgreen21
    "far proximity from other houses, private, lots of yard space. in the woods, away from the road. isolated areas. "
    1
    Flag
  • Emily C.
    "Parades, fun for the kids every Halloween downtown trick or treat. Beaches, breakwall to jump off of"
    0
    Flag
  • Lacy M.
    "The schools are great. Rent prices and property taxes are very high. Good paying jobs are available, but minimal. Overall, a great town. It's expensive to live here."
    7
    Flag
  • Kgrunt
    "Very beautiful landscape. Raised my four kids there. Spent my life there until moving to Florida due to getting tired of winters here. "
    4
    Flag
  • Reiner B. N.
    " Gated community surrounding a golf course and yacht club. Community is on Lake Michigan (little traverse bay) and has many good restaurants "
    0
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  • Famtastic l.
    "This home is located accross from state land and surrounded by CCC trails. If you love dirt bike riding, snow mobiling, horse back riding, etc this is the perfect spot. Located just 10 minutes from Petoskey which is set on Lake Michigan. There are many activies to keep you busy in this small town and surrounding area. "
    0
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  • Bizbox43
    "Estimated prices shown are on the low side. Fabulous area for a summer home but great opportunities for winter sports as well. World class yacht club. Excellent 27 holes of golf. Two protected harbors. Highest usage of electric cars in the country (GEM cars)."
    0
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505 State St, Petoskey, MI 49770 is a 5 bedroom, 2 bathroom, 2,898 sqft single-family home built in 1900. This property is not currently available for sale. 505 State St was last sold on Sep 27, 2019 for $265,000. The current Trulia Estimate for 505 State St is $541,400.