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712 Lookout St

Petoskey, MI 49770

3 bd 2 ba 1,966 sqft Built 1940 Lot 14,500 sqft single_family
Most recent sale
$620,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2025 Sold $872,625 Public Record
Jul 15, 2022 Sold $620,000 Public Record
May 26, 2022 Price changed $649,000 MLS #468165
May 12, 2022 Listed $699,000 MLS #468165
Mar 5, 2007 Sold $195,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $107,300 $3,857
2012 $75,100 $2,592
2011 $83,300 $2,570
2010 $72,900 $2,523

Property facts

Year built
1940
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,966 sqft
Lot size
14,500 sqft
ZIP code
49770
City
Petoskey
Street
Lookout St
Coordinates
45.36871, -84.94912

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,949
Gross rental yield
5.71%
Implied cap rate
3.71%
Trend-extrapolated value

Frequently asked questions

When did 712 Lookout St last sell?
712 Lookout St most recently sold on Jul 15, 2022 for $620,000.
What is the current tax assessment for 712 Lookout St?
The most recent total assessment for 712 Lookout St (year 2020) is $107,300 with $3,857 in property tax.
How does 712 Lookout St's assessment compare to its last sale price?
The current assessment is 82.7% below the last sale price of $620,000.
When was 712 Lookout St built?
712 Lookout St was built in 1940.
How does 712 Lookout St compare to others on Lookout St?
We do not currently track other properties on Lookout St.
What are the property facts for 712 Lookout St?
712 Lookout St is a 3 bed, 2 bath, 1,966 sqft, 14,500 sqft lot single_family.
Is 712 Lookout St a flip candidate?
No — 712 Lookout St does not appear in our flips dataset.
Is 712 Lookout St a tax-appeal candidate?
No — 712 Lookout St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.4%
2026 Q3
$410.1K
2026 Q4
$415.1K
ZIP 49770 — Median Price History + Forecast

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