523 State St, Petoskey, MI 49770
Property image
Property image
OFF MARKET

$850,600

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 2,597 sqft

523 State St, Petoskey, MI 49770

Est. Refi. Payment $5,039/mo*
Refinance Your Home
Currently Off Market - Sold Sep 12, 2022 for $651,500

Home Value

Trulia Estimate
$851K
Since last month
Increased$13K (+1.5%)
Since last year
Increased$17K (+2.1%)
Since last sale
Increased$199K (+30.6%)
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 +270% in the last 10 years
MonthEstimated value
2026
August 2026$851K
July 2026$838K
June 2026$873K
May 2026$869K
April 2026$875K
March 2026$874K
February 2026$863K
January 2026$849K
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
719 State St, Petoskey, MI
0.15
Single-Family Home
$785,000
01/14/26
3
2
2,900
102 State St, Petoskey, MI
0.40
Single-Family Home
$542,000
10/21/25
4
2.5
1,904
712 Lookout St, Petoskey, MI
0.27
Single-Family Home
$892,625
09/29/25
2
2
1,966
420 Wachtel Ave, Petoskey, MI
0.55
Single-Family Home
$464,000
04/29/26
4
2
2,250
617 Harvey St, Petoskey, MI
0.13
Single-Family Home
$512,000
05/27/26
3
1.5
1,446
1124 E Mitchell St, Petoskey, MI
0.46
Single-Family Home
$480,000
06/25/26
4
2
1,500
524 Cherry St, Petoskey, MI
0.30
Single-Family Home
$394,000
10/03/25
4
2
1,622
1023 Emmet St, Petoskey, MI
0.46
Single-Family Home
$225,000
03/27/26
2
2.5
600
1012 Jefferson Ave, Petoskey, MI
0.30
Single-Family Home
$377,000
07/23/26
4
2
1,518
112 Fulton St, Petoskey, MI
0.52
Single-Family Home
$87,388
12/02/25
3
1
1,008

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
606 State St, Petoskey, MI 49770
0.05
$1,175,000
4
4.5
3,336
For Sale
617 Grove St, Petoskey, MI 49770
0.10
$374,300
3
2.5
1,788
Off Market
610 Grove St, Petoskey, MI 49770
0.12
$499,000
4
2
1,800
For Sale
617 Harvey St, Petoskey, MI 49770
0.13
$512,000
3
1.5
1,446
Recently Sold
422 E Mitchell St, Petoskey, MI 49770
0.17
$1,795,000
3
2.5
2,322
For Sale
820 Michigan St, Petoskey, MI 49770
0.21
$509,000
3
2
2,232
Off Market
312 Grove St, Petoskey, MI 49770
0.26
$319,900
2
1
1,320
For Sale
604 Bay St, Petoskey, MI 49770
0.25
$1,875,000
6
3.5
5,653
For Sale
908 Grove St, Petoskey, MI 49770
0.27
$187,800
4
1
1,836
Off Market
308 Fulton St, Petoskey, MI 49770
0.31
$639,000
4
2.5
2,412
For Sale
1004 Howard St, Petoskey, MI 49770
0.34
$789,000
4
3.5
2,541
For Sale
810 Kalamazoo Ave, Petoskey, MI 49770
0.36
$220,000
4
1
1,450
Off Market

Local Information

  • Map ViewExplore the area around 523 State St.
  • Schools1 Preschool School4 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1890
Living Area
2,597 sqft
Price/Sqft
$328
Parking
Garage

About this House

Meticulously maintained home with many upgrades and updates. New roof and stainless steel appliances in 2018, upgraded boiler, radiant and in-floor heat, freshly painted interior, new carpet, and Hunter Douglas Blinds. This home beautifully blends it's original charm with today's modern conveniences. Open and spacious with a neutral color scheme perfect for entertaining or a large family. Huge kitchen with eat in dining plus a formal dining room, living room, family room and Mater Bedroom with private Master Bath. Main floor family room could easily be converted back to a main floor bedroom if desired. On a large corner lot with fenced area and in an excellent Petoskey location and neighborhood. This home is conveniently located to schools and shopping. Walk to Petoskey's famed gaslight district and festivities. This home is in impeccable condition and is move in ready. Call for your personal tour today!
523 State St, Petoskey, MI 49770 is a 3 bedroom, 3 bathroom, 2,597 sqft single-family home built in 1890. It last sold for $651,500 on Sep 12, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $850,600, with a rent estimate of $3,246/month.

Home Details for 523 State St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 7Types of Rooms: Dining Room, Family Room, Master Bath, Mud RoomCeiling Fan
Heating & Cooling
Heating: Radiant, GasAir ConditioningCooling System: CentralHeating Fuel: Radiant
Levels, Entrance, & Accessibility
Stories: 2Floors: Carpet, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, WoodLawnPorch
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Lot Information

Lot Area: 7248 sqft

Price and Tax history

DateEventPrice
Sep 12, 2022
Source: N/A
Sold
$651,500
Jul 1, 2022
Source: Northern Michigan MLS #468542
PriceChange
$699,000
Price decreased by 4%
Jun 14, 2022
Source: Northern Michigan MLS #468542
Listed For Sale
$729,000
Mar 11, 2019
Source: N/A
Sold
$330,000
Nov 17, 2018
Source: Agent Provided
PriceChange
$348,750
Price decreased by 0%

Market trends in Petoskey

Last updated July 2026
Buyer'sMarketSeller'sMarket
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.
  • Deborah
    "Great schools and community support. Safe and walkable. A bit like Mayberry. Neighbors are friendly and helpful. It’s a small town feel with lots af amenities and beautiful nature "
    0
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 523 State St

  • What is 523 State St estimated to be worth?
    Trulia's estimated value for 523 State St in Petoskey, MI is $850,600.
  • What is the price history for 523 State St?
    523 State St in Petoskey, MI last sold for $651,500 in September 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 523 State St have air conditioning?
    Yes, 523 State St in Petoskey, MI has air conditioning.
  • Does 523 State St have laundry facilities?
    Yes, 523 State St in Petoskey, MI has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Air Conditioning

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Explore by feature - Washer/dryer

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Off Market Homes Near 523 State St

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