$440,000
- 4 Beds
- 2 Baths
- 1,622 sqft
524 Cherry St, Petoskey, MI 49770
Est. Refi. Payment $2,753/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 3, 2025 for $394,000
Home Value
Trulia Estimate
$440KSince last month
Decreased$17K (-3.8%)Since last year
Increased$51K (+13%)Since last sale
Increased$44K (+11.2%)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 +196% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $438K |
| August 2026 | $456K |
| July 2026 | $395K |
| June 2026 | $404K |
| May 2026 | $396K |
| April 2026 | $409K |
| March 2026 | $413K |
| February 2026 | $411K |
| January 2026 | $410K |
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 |
|---|---|---|---|---|---|---|---|
0.39 | Single-Family Home | $420,000 | 09/04/26 | 4 | 2 | 1,537 | |
0.17 | Single-Family Home | $892,625 | 09/29/25 | 2 | 2 | 1,966 | |
0.61 | Single-Family Home | $480,000 | 06/25/26 | 4 | 2 | 1,500 | |
0.46 | Single-Family Home | $542,000 | 10/21/25 | 4 | 2.5 | 1,904 | |
0.12 | Single-Family Home | $377,000 | 07/23/26 | 4 | 2 | 1,518 | |
0.64 | Single-Family Home | $464,000 | 04/29/26 | 4 | 2 | 2,250 | |
0.13 | Single-Family Home | $350,000 | 06/30/26 | 2 | 1 | 768 | |
0.35 | Single-Family Home | $785,000 | 01/14/26 | 3 | 2 | 2,900 | |
0.29 | Single-Family Home | $305,000 | 09/11/26 | 2 | 1 | 1,320 |
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 |
|---|---|---|---|---|---|---|
0.20 | $479,000 | 4 | 2 | 1,800 | For Sale | |
0.18 | $774,900 | 4 | 3.5 | 2,541 | For Sale | |
0.19 | $250,000 | 3 | 2 | 2,440 | For Sale | |
0.27 | $512,000 | 3 | 1.5 | 1,446 | Recently Sold | |
0.23 | $351,300 | 3 | 1.5 | 1,400 | Off Market | |
0.27 | $1,175,000 | 4 | 4.5 | 3,336 | For Sale | |
0.25 | $495,000 | 4 | 2 | 2,316 | For Sale | |
0.24 | $767,300 | 5 | 3.5 | 4,253 | Off Market | |
0.25 | $476,600 | 3 | 2 | 1,664 | Off Market | |
0.29 | $305,000 | 2 | 1 | 1,320 | Recently Sold | |
0.33 | $186,200 | 4 | 1 | 1,836 | Off Market | |
0.33 | $215,200 | 4 | 1 | 1,450 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1955
1,622 sqft
$271/sqft
About this House
This 4 bedroom, 2 bath home is conveniently located near downtown Petoskey as well as Petoskey schools. The home has many recent updates and offers a main floor Master bedroom, wood burning fireplace in the living room and a full basement perfect for additional storage. Outside you'll find a spacious backyard with an enclosed fence for ultimate privacy with a shed for additional storage.
524 Cherry St, Petoskey, MI 49770 is a 4 bedroom, 2 bathroom, 1,622 sqft single-family home built in 1955. It last sold for $394,000 on Oct 3, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $440,000, with a rent estimate of $2,881/month.
Home Details for 524 Cherry St
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|---|
Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Appliances & Utilities DishwasherDryerRefrigeratorWasher |
Fireplace & Spa Fireplace |
|
|---|
Year Built Year Built: 1955 |
Property Type / Style Property Type: Single Family Home |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 3, 2025 Source: N/A | Sold | $394,000 |
Aug 28, 2025 Source: Northern Michigan MLS #477584 | Listed For Sale | $399,000 |
Nov 17, 2021 Source: N/A | Sold | $310,000 |
Aug 20, 2021 Source: Northern Michigan MLS #466265 | Listed For Sale | $329,000 |
Aug 25, 2015 Source: N/A | Sold | $139,000 |
Jul 10, 2015 Source: Agent Provided | Listed For Sale | $149,000 |
Apr 19, 2011 Source: N/A | Sold | $122,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,648 | $212,800 |
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 524 Cherry St
- What is 524 Cherry St estimated to be worth?Trulia's estimated value for 524 Cherry St in Petoskey, MI is $440,000.
- What is the price history for 524 Cherry St?524 Cherry St in Petoskey, MI last sold for $394,000 in October 2025.
- 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.
- Does 524 Cherry St have laundry facilities?Yes, 524 Cherry St in Petoskey, MI has in-unit laundry.

