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Sold for $485,000
  • $485,000

    5188 Grigsby Ln, Petoskey, MI 49770

    4beds
    2,237sqft
    Single Family Residence
    Built in 1997
    1.88 Acres Lot
    $495,000 Zestimate®
    $217/sqft
    $3,082 Estimated rent

    Home value

    $495,000

    $396,000 - $619,000

    $3,082/mo

    Zestimate® history
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    What's special

    Tucked on a quiet corner lot just minutes from both Crooked and Pickerel Lakes, this spacious ranch-style home blends comfortable living with a serene Up North setting. Step inside to a bright and open layout that flows beautifully from room to room, offering the ideal space for everyday life and easy entertaining. Gather in the dining area with views of the private backyard, then slide open the glass doors to enjoy warm summer evenings on the generous back deck—perfect for grilling, relaxing, or watching the sunset. All four bedrooms are conveniently located on the main level, with the primary suite thoughtfully set apart for a touch of privacy. Downstairs, the finished lower level offers tons of space for movie nights, game days, or playtime with the whole crew. A functional mudroom connects the garage to the home’s lower level—keeping things clean and organized. Whether you're searching for a full-time residence or a Northern Michigan getaway, this one checks the boxes. Schedule your showing soon—this gem won’t be on the market long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Brick 231-941-4500,

    REMAX Bayshore - W Bay Shore Dr TC 231-941-4500

    Bought with:

    Non Member Office

    NON-MLS MEMBER OFFICE

    Source: NGLRMLS,MLS#: 1933120MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Main
    • Area: 209.61
    • Dimensions: 16.33 x 12.83
    Bedroom 2
    • Level: Main
    • Area: 152.93
    • Dimensions: 12.83 x 11.92
    Bedroom 3
    • Level: Main
    • Area: 133.61
    • Dimensions: 12.33 x 10.83
    Bedroom 4
    • Level: Main
    • Area: 104.03
    • Dimensions: 11.67 x 8.92
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Main
    • Area: 167.88
    • Dimensions: 13.17 x 12.75
    Family room
    • Level: Lower
    • Area: 440.63
    • Dimensions: 23.5 x 18.75
    Kitchen
    • Level: Main
    • Area: 123.74
    • Dimensions: 12.58 x 9.83
    Living room
    • Level: Main
    • Area: 246.5
    • Dimensions: 19.33 x 12.75
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
    • Laundry: Main Level
    Features
    • Other, Mud Room, Cable TV, High Speed Internet, WiFi
    • Flooring: Carpet
    • Windows: Drapes
    • Basement: Walk-Out Access,Finished Rooms
    • Has fireplace: Yes
    • Fireplace features: Pellet Stove
    Interior area
    • Total structure area: 2,237
    • Total interior livable area: 2,237 sqft
    • Finished area above ground: 1,589
    • Finished area below ground: 648

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Private
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Patio, Porch
    • Waterfront features: None
    Lot
    • Size: 1.88 Acres
    • Dimensions: 180 x 490
    • Features: Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: 011636100040
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private

    Community & HOA

    Community
    • Features: None
    • Subdivision: Metes & Bounds
    HOA
    • Services included: Other
    Location
    • Region: Petoskey

    Financial & listing details

    • Price per square foot: $217/sqft
    • Tax assessed value: $216,400
    • Annual tax amount: $2,920
    • Price range: $485K - $485K
    • Date on market: 5/1/2025
    • Cumulative days on market: 37 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner

    Price history

    DateEventPrice
    6/6/2025Sold$485,000$217/sqft
    Source: NGLRMLS #1933120 Report a problem
    5/1/2025Listed for sale$485,000$217/sqft
    Source: NGLRMLS #1933120 Report a problem
    6/6/2024Sold$485,000+64.4%$217/sqft
    Source: Agent Provided Report a problem
    6/8/2021Sold$295,000+18%$132/sqft
    Source: Public Record Report a problem
    4/22/2021Listed for sale$250,000+43.7%$112/sqft
    Source: WWMLS #201811771 Report a problem
    8/5/2016Sold$174,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2021-- $108,200 +2.6%
    2020-- $105,500 +3.9%
    2019-- $101,500 +14.9%
    2018-- $88,300 +1.3%
    2017-- $87,200 +8.2%
    2016-- $80,600 +9.7%
    2015-- $73,500 +11%
    2014-- $66,200 +5.4%
    2013-- $62,800 -2%
    2012-- $64,100 +3.4%
    2011-- $62,000 -10.7%
    2010-- $69,400
    Find assessor info on the county website

    Neighborhood: 49770

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Public Schools of Petoskey

    Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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