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1720 Mitchell Rd

Petoskey, MI 49770

4 bd 3 ba 3,741 sqft Built 1988 single_family
Most recent sale
$550,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 24, 2025 Sold $640,000 Public Record
Feb 12, 2025 Sold $640,000 Waterwonderland
Jan 2, 2025 Listed $650,000 NorthernMI
Aug 5, 2022 Sold $550,000 Public Record
Jun 10, 2022 Listed $550,000 MLS #468507

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $223,800 $3,395
2012 $134,800 $3,211
2011 $140,600 $3,313
2010 $150,800 $3,545

Property facts

Year built
1988
Property type
single_family
Stories
Beds
4
Baths
3
Living area
3,741 sqft
Lot size
ZIP code
49770
City
Petoskey
Street
Mitchell Rd
Coordinates
45.37336, -84.93439

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,612
Gross rental yield
12.24%
Implied cap rate
7.96%
Trend-extrapolated value

Frequently asked questions

When did 1720 Mitchell Rd last sell?
1720 Mitchell Rd most recently sold on Aug 5, 2022 for $550,000.
What is the current tax assessment for 1720 Mitchell Rd?
The most recent total assessment for 1720 Mitchell Rd (year 2020) is $223,800 with $3,395 in property tax.
How does 1720 Mitchell Rd's assessment compare to its last sale price?
The current assessment is 59.3% below the last sale price of $550,000.
When was 1720 Mitchell Rd built?
1720 Mitchell Rd was built in 1988.
How does 1720 Mitchell Rd compare to others on Mitchell Rd?
We track 8 other properties on Mitchell Rd. Browse the list under "Other properties on Mitchell Rd" to compare beds, baths, and sale history.
What are the property facts for 1720 Mitchell Rd?
1720 Mitchell Rd is a 4 bed, 3 bath, 3,741 sqft single_family.
Is 1720 Mitchell Rd a flip candidate?
No — 1720 Mitchell Rd does not appear in our flips dataset.
Is 1720 Mitchell Rd a tax-appeal candidate?
No — 1720 Mitchell Rd 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
+4.3%
Implied 1-yr
+17.2%
2026 Q3
$462.5K
2026 Q4
$478K
ZIP 49770 — Median Price History + Forecast

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