Seller's Agent in 2024
Doug Pelon
Northern Real Estate Services
(231) 445-2526
9 in this area
69 Total Sales
504 Rush St Petoskey, MI 49770
4
Beds
5
Baths
2,942
Sq Ft
0.3
Acres
Highlights
- Deck
- Wood Frame Window
- Living Room
- First Floor Utility Room
- 2 Car Detached Garage
- 4-minute walk to St Francis Xavier Playground
About This Home
As of June 2024A rare opportunity to own a classic 1890s era home that has been tastefully remodeled with modern amenities, all while keeping its historic charm. Located within walking distance of the famed Gaslight District of Petoskey with views of Little Traverse bay from the rooftop deck. All this situated on an expansive triple lot. Use this property as a single family home or utilize the business potential and run 504 Rush as a bed and breakfast (License to operate is active). Enjoy the proximity to town, the bear river walkway, and all of northern Michigan’s beauty from this lovely home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,103
Parking
- 2 Car Detached Garage
Home Design
- Wood Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 2,942 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Wood Frame Window
- Family Room
- Living Room
- Dining Room
- First Floor Utility Room
- Partial Basement
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Upstairs
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 52-19-05-301-010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2024
Closed on
Jun 12, 2024
Sold by
Emmet County Treasurer
Bought by
Schlehuber James R and Schlehuber Alicia A
Seller's Agent
Doug Pelon
Northern Real Estate Services
Buyer's Agent
Russell Schlehuber
@properties Christie's International Real Estate - Petoskey
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,377
Avg. Annual Appreciation
8.23%
Purchase Details
Listed on
May 7, 2024
Closed on
Jun 7, 2024
Sold by
Petoskey Rush Llc
Bought by
Schlehuber James R and Schlehuber Alicia A
Seller's Agent
Doug Pelon
Northern Real Estate Services
Buyer's Agent
Russell Schlehuber
@properties Christie's International Real Estate - Petoskey
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Views
32
Purchase Details
Listed on
May 7, 2024
Closed on
Jun 6, 2024
Sold by
Petoskey Rush Llc
Bought by
Schlehuber James R and Schlehuber Alicia A
Seller's Agent
Doug Pelon
Northern Real Estate Services
Buyer's Agent
Russell Schlehuber
@properties Christie's International Real Estate - Petoskey
List Price
$800,000
Sold Price
$700,000
Premium/Discount to List
-$100,000
-12.5%
Views
32
Purchase Details
Closed on
Mar 1, 2024
Sold by
Petoskey Rush Llc
Bought by
Emmet County Treasurer
Purchase Details
Closed on
Aug 22, 2023
Sold by
Emmet County Treasurer
Bought by
Petoskey Rush Llc
Purchase Details
Closed on
Aug 3, 2023
Sold by
Emmet County Treasurer
Bought by
Petoskey Rush Llc
Purchase Details
Closed on
Mar 1, 2023
Sold by
Petoskey Rush Llc
Bought by
Emmet County Treasurer
Purchase Details
Closed on
Aug 2, 2022
Sold by
Emmet County Treasurer
Bought by
Petoskey Rush Llc
Purchase Details
Closed on
Mar 1, 2022
Sold by
Petoskey Rush Llc
Bought by
Emmet County Treasurer
Purchase Details
Listed on
May 6, 2019
Closed on
Jul 15, 2019
Sold by
Aspnes Lynne
Bought by
Petoskey Rush Llc
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Doug Pelon
Northern Real Estate Services
List Price
$549,000
Sold Price
$547,000
Premium/Discount to List
-$2,000
-0.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$878,000
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Oct 19, 2010
Sold by
Mehney Edward R and Mehney Marjorie
Bought by
Pokorny Kenneth and Aspnes Lynne
Purchase Details
Closed on
Sep 19, 2003
Bought by
Mehney Edward R and Mehney Marjorie
Purchase Details
Closed on
Mar 1, 2000
Sold by
Gillett Ralph W and Gillett Sheryl L
Bought by
Vermeesch David and Vermeesch Peggy
Purchase Details
Closed on
Oct 1, 1994
Bought by
Gillett
Purchase Details
Closed on
Sep 1, 1989
Bought by
Rettstadt
Purchase Details
Closed on
Jul 1, 1987
Sold by
Champion Wd L416 P903
Bought by
Titsworth
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $16,724 | -- | |
| Warranty Deed | $700,000 | Talon Title Agency | |
| Warranty Deed | $700,000 | -- | |
| Foreclosure Deed | $16,146 | -- | |
| Foreclosure Deed | $16,448 | -- | |
| Foreclosure Deed | $16,448 | -- | |
| Foreclosure Deed | $15,699 | -- | |
| Foreclosure Deed | $16,497 | -- | |
| Foreclosure Deed | $15,746 | -- | |
| Warranty Deed | -- | Attorneys Title | |
| Warranty Deed | $378,000 | -- | |
| Warranty Deed | $390,000 | -- | |
| Warranty Deed | $275,000 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | $78,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $878,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $700,000 | -12.5% | $238 / Sq Ft |
| 05/07/2024 05/07/24 | For Sale | $800,000 | +46.3% | $272 / Sq Ft |
| 07/15/2019 07/15/19 | Sold | $547,000 | -0.4% | $186 / Sq Ft |
| 05/06/2019 05/06/19 | For Sale | $549,000 | -- | $187 / Sq Ft |
Source: Northern Michigan MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,103 | $414,100 | $414,100 | $0 |
| 2024 | $13,103 | $354,400 | $354,400 | $0 |
| 2023 | $11,930 | $304,800 | $304,800 | $0 |
| 2022 | $11,930 | $287,100 | $287,100 | $0 |
| 2021 | $11,590 | $258,000 | $258,000 | $0 |
| 2020 | $11,620 | $215,400 | $215,400 | $0 |
| 2019 | -- | $212,900 | $212,900 | $0 |
| 2018 | -- | $188,600 | $188,600 | $0 |
| 2017 | -- | $177,800 | $177,800 | $0 |
| 2016 | -- | $177,800 | $177,800 | $0 |
| 2015 | -- | $164,600 | $0 | $0 |
| 2014 | -- | $156,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Pelon
-
Russell Schlehuber
R
Buyer's Agent in 2024
Russell Schlehuber
@properties Christie's International Real Estate - Petoskey
(231) 622-1604
8 in this area
28 Total Sales
-
Pete Platte
Seller's Agent in 2019
Pete Platte
Gaslight Group Properties
(231) 838-0935
49 in this area
97 Total Sales
Map
Source: Northern Michigan MLS
MLS Number: 458426
APN: 52-19-05-301-010
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