877 Red Oak Way
Petoskey, MI 49770
- 2 Beds
- 2 Baths
- 1,400 sqft (on 1 acre)
2 Beds
2 Baths
1,400 sqft
(on 1 acre)
Home Value
Trulia Estimate
$422KSince last month
Increased$25K (+6.1%)Since last year
Increased$123K (+41%)Since last sale
Increased$399K (+1,597.2%)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 +742% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $424K |
| July 2026 | $400K |
| June 2026 | $431K |
| May 2026 | $426K |
| April 2026 | $420K |
| March 2026 | $406K |
| February 2026 | $401K |
| January 2026 | $409K |
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 |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $445,000 | 08/28/25 | 2 | 2.5 | 1,841 | |
0.86 | Single-Family Home | $230,000 | 04/06/26 | 3 | 2 | 1,350 | |
0.84 | Single-Family Home | $387,000 | 09/05/25 | 3 | 2 | 1,344 | |
0.49 | Single-Family Home | $246,000 | 01/27/26 | 2 | 2 | 840 | |
1.45 | Single-Family Home | $495,000 | 07/23/26 | 3 | 2 | 1,787 | |
1.48 | Single-Family Home | $475,000 | 09/24/25 | 3 | 2 | 1,800 | |
1.61 | Single-Family Home | $320,000 | 01/22/26 | 3 | 2 | 1,500 | |
1.05 | Single-Family Home | $333,800 | 11/10/25 | 3 | 1.5 | 1,751 | |
1.47 | Single-Family Home | $892,625 | 09/29/25 | 2 | 2 | 1,966 | |
0.96 | Single-Family Home | $450,000 | 06/01/26 | 3 | 3 | 2,300 |
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 | $459,000 | 3 | 2 | 2,400 | For Sale | |
0.13 | $469,000 | 3 | 2 | 2,400 | For Sale | |
0.16 | $429,900 | 2 | 2.5 | 1,841 | For Sale | |
0.18 | $202,100 | 2 | 1 | 900 | Off Market | |
0.23 | $489,000 | 3 | 2 | 2,125 | For Sale | |
0.26 | $436,000 | 3 | 2 | 2,110 | Recently Sold | |
0.27 | $485,000 | 3 | 3 | 2,200 | For Sale | |
0.56 | $234,000 | 3 | 2 | 1,191 | Off Market | |
0.58 | $530,000 | 5 | 1.5 | 3,078 | For Sale | |
0.63 | $50,000 | - | - | - | For Sale | |
0.63 | $165,000 | 2 | 1 | 850 | For Sale | |
0.77 | $359,900 | 2 | 2.5 | 1,853 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2018
Lot Size
1 acre
Living Area
1,400 sqft
Price/Sqft
$302
Parking
Garage
About this House
Enjoy main floor barrier free living from this newer ranch style home. Located just outside the Petoskey City Limits for cheaper property taxes yet easy access to restaurants, Shopping and Healthcare. Home features large master suite, 2 car attached garage, natural gas, central air, sprinkler system, open floor plan, and views of the Bear River Valley.
877 Red Oak Way, Petoskey, MI 49770 is a 2 bedroom, 2 bathroom, 1,400 sqft single-family home built in 2018. It last sold for $25,000 on May 6, 2016. More recently, it was listed as a rental in October 2022 with an asking price of $2,500 per month. That rental listing was removed on January 2, 2024. It is currently off market. The Trulia Estimate is $422,300, with a rent estimate of $2,146/month.
Home Details for 877 Red Oak Way
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Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Interior Details Number of Rooms: 4 |
Appliances & Utilities DishwasherDisposalDryerMicrowaveRefrigeratorWasher |
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Year Built Year Built: 2018 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Parking & Garage GarageParking Spaces: 2Parking: Garage Detached, Off Street |
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Lot Area: 1 acre |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 2, 2024 Source: Zillow Rentals | ListingRemoved | |
Oct 13, 2023 Source: Zillow Rentals | PriceChange | $2,725 |
Dec 6, 2022 Source: Real Estate One | ListingRemoved | |
Oct 31, 2022 Source: Northern Michigan MLS #469911 | Listed For Sale | $399,900 |
Oct 6, 2022 Source: Zillow Rental Manager | Listed For Rent | $2,500 |
Sep 18, 2022 Source: Zillow Rental Manager | ListingRemoved | |
Aug 18, 2022 Source: Zillow Rental Manager | Listed For Rent | $2,850 |
Mar 20, 2019 Source: Agent Provided | ListingRemoved | $249,900 |
Jan 18, 2019 Source: Agent Provided | Listed For Sale | $249,900 |
Jul 26, 2017 Source: Agent Provided | ListingRemoved | $55,000 |
Jul 24, 2017 Source: Agent Provided | Listed For Sale | $55,000 |
Oct 11, 2016 Source: Agent Provided | ListingRemoved | $55,000 |
May 6, 2016 Source: N/A | Sold | $25,000 |
Sep 14, 2015 Source: Agent Provided | Listed For Sale | $55,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2021 | Unavailable | $252,000 |
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 877 Red Oak Way
- What is 877 Red Oak Way estimated to be worth?Trulia's estimated value for 877 Red Oak Way in Petoskey, MI is $422,300.
- What is the price history for 877 Red Oak Way?877 Red Oak Way in Petoskey, MI last sold for $25,000 in May 2016.
- 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 877 Red Oak Way have laundry facilities?Yes, 877 Red Oak Way in Petoskey, MI has in-unit laundry.
- How big is the lot at 877 Red Oak Way?The lot at 877 Red Oak Way in Petoskey, MI is about 1 acre.

