Photo 1 of 68 W Elm ST
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Active · Short sale · MLS #57050224372
$278,000 4 bd2 ba1,778 sqft

68 W Elm ST, Petersburg, MI 49270

Est. $2,136/mo with current taxes · · See the breakdown

TypeSingle family residence
Built1894
Lot0.4 acres
Garage2 spaces
Price/sqft$156
On market19 days

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About this home

Beautifully updated home in the heart of Petersburg and the desirable Summerfield Schools District. Extensive renovations throughout blend original architectural details with thoughtful improvements. The completely remodeled kitchen features custom maple cabinetry, ceramic tile and newer appliances that will stay with the house. A spacious primary bedroom with a vaulted ceiling and adjoined newly renovated full bath includes a main floor laundry area. The second bathroom features a beautiful stained glass window. Enjoy the completely updated three-season front porch, perfect for relaxing. Major improvements also include a new deck with wrought iron railing, new furnace and central air, and a great workshop with a utility sink. The home is a wonderful combination of character, modern updates, and inviting spaces to enjoy!

Monthly payment

$2,136per month
Principal & interest$1,581
Property tax, current$240
Homeowners insurance$200
Mortgage insurance (PMI)$115

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$278,000
Beds4
Baths2 full
Square feet1,778
TypeSingle family residence
SubdivisionPLAT OF VILLAGE OF PETERSBURG
CountyMonroe
MLS #57050224372
Listed2026-10-09
Days on market19
Year built1894
PossessionAt closing
Stories1.5 stories
HeatingForced air, Natural gas
FoundationBasement
Garage spaces2.0
Water / SewerCity water & sewer
FireplaceYes
Parcel number5702513000
Listing officeWiens And Roth Real Estate - Lambertville

Property taxes: the seller's bill vs. yours

This seller today You, the year after buying
Taxable value—about $139,000
Yearly property tax$2,881about $5,185

Michigan caps a homeowner's taxable value until the home sells, then it resets. That's about $2,304 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.

$278,000Est. $2,136/mo
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