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1035 Emmet St, Petoskey, MI, 49770

2beds
1baths
1,050sqft
$289,900
$276price/sqft
$2,011/moest. monthly cost
$80,440/yrincome needed

About This Home

This charming two-story home is ideally located within walking distance to downtown Petoskey and adjacent to Washington Park — the perfect spot to land in the heart of town. Emmet Street remains one of the more attainable locations near downtown, and the neighborhood continues to see exciting improvements, including the new Lumber Square, a popular local brewery, and a fitness center just steps away. Inside, the home features 2 bedrooms and 1 bath, with hardwood flooring throughout the first floor. The kitchen has been recently updated with new cabinetry, Corian countertops, and appliances. New carpet has been installed on the second floor, and there is generous storage throughout, including additional space in the basement. A spacious backyard and updated landscaping add outdoor living potential, making this property a rare combination of charm, location, and value in the downtown market.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

7/10
Sheridan SchoolGrades PK-50.3 mi
9/10
Petoskey Middle SchoolGrades 6-81.3 mi
7/10
Petoskey High SchoolGrades 9-121.1 mi

Construction

Materials

  • Construction materials: Wood Frame/Site Built

Type & Style

  • Home type: SingleFamily

Interior

Bedroom

  • Area: 104.25

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Area: 145.97916666666666

Interior Area

  • Total interior livable area: 1,050 sqft

Kitchen

  • Area: 109.33333333333333

Living Room

  • Area: 178.88888888888889

Master Bedroom

  • Area: 178.88888888888889

Property

Details

  • Parcel number: 521906427024

Features

  • Levels: Two Or More

Parking

  • Parking features: No Garage Or Carport

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Lightning
Hail
Inland Flooding
Strong Wind
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Emmet County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,465$17,580
Home Insurance *$160$1,920
Property Taxes $198$2,376
Electricity $188$2,259
Total$2,011$24,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,948/yr
40% on housing$60,330/yr
45% on housing$53,626/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 49770$458
Emmet County$421

vs Homes Sold Last Month

Median $/sqft

ZIP 49770
Emmet County$223

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Price change$299,900
2026-02-27Listed for sale$309,000
2023-07-19Sold$235,000
2023-06-16Listed for sale$234,900
2017-10-18Sold$27,000

For Sale by Agent

AgentPete Platte
BrokerageGaslight Group Properties

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