Photo 1 of 196 E Walnut RD
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Active · MLS #57050224215
$219,500 2 bd1 ba1,013 sqft

196 E Walnut RD, Petersburg, MI 49270

Est. $1,686/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1900
Lot0.82 acres
Price/sqft$217
On market1 days

About this home

Welcome to this move-in ready home in Petersburg, near schools and parks. Updated kitchen and bath, new roof 2026, new HVAC 2026 updated flooring. Large lot over 3/4 acre with large, heated barn featuring big loft space. Back patio for entertaining in your fully fenced back yard. Nothing to do but, move in!

Monthly payment

$1,686per month
Principal & interest$1,249
Property tax, current$147
Homeowners insurance$200
Mortgage insurance (PMI)$91

The tax line is the seller's current bill from the MLS. Michigan uncaps the taxable value the year after a sale, so tap See uncapped taxes for what a buyer will likely pay then. Insurance is a $2,400/yr placeholder and PMI 0.55% of the loan below 20% down. An estimate, not a loan quote.

The facts

Price$219,500
Beds2
Baths1 full
Square feet1,013
TypeSingle family residence
SubdivisionNONE
CountyMonroe
MLS #57050224215
Listed2026-10-07
Days on market1
Year built1900
Possession6–15 days after closing
Stories1.5 stories
HeatingForced air, Natural gas
FoundationCrawl space
Water / SewerCity water & sewer
Parcel number5700200100
Listing officeColdwell Banker Haynes R.E. in Monroe

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value—about $109,750
Yearly property tax$1,764about $4,094

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,330 a year more than this seller pays. Estimate uses Petersburg's 2025 homestead rate of 37.31 mills and assumes you claim the homestead exemption. See Petersburg's full tax breakdown or run the uncapping calculator.

Location

IDX provided courtesy of Realcomp II Ltd. via Match Realty LLC and Southeastern Border Association of REALTORS, ©2026 Realcomp II Ltd. Shareholders. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listings refreshed 2026-11-02T23:11+00:00; refreshed at least twice daily.

$219,500Est. $1,686/mo
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