NOT LISTED FOR SALE

1516 Castle Dr Petoskey, MI 49770

Estimated Value: $409,000 - $505,000

3 Beds
3 Baths
2,329 Sq Ft
$192/ mo HOA Fee

Last Sold July 02, 2020

Last sale price $260,000 $112 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,854/month

2 Days on Market

Highlights

  • Deck
  • Lower Floor Utility Room
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Thermal Windows
  • Living Room

About This Home

As of July 2020

Great opportunity to purchase this 3 bedroom, 3 bath condo in The Meadows of Petoskey. This Unit is being sold partially furnished with beds, sofa, recliner, dining table, chairs and a pool table. This unit has an open floor plan with 2 bedrooms, 2 bathrooms, and a laundry room on the main floor, including a private deck off the back. The lower level has a open floor plan for entertaining guests and a game room area with a pool table, it also has a bedroom and full bathroom, with a walk out deck at ground level. You just can't find a better location, having shopping, walking trails, movie theater, North Central College and the hospital close by. This unit is located in Bear Creek Township so you can enjoy the amenities of Petoskey without having to pay City taxes.

Last Agent to Sell the Property

Marty Krupa

Jack Van Treese & Assoc.. Listed on: 06/15/2020

Last Buyer's Agent

Sheela Welch

Coldwell Banker Schmidt - Petoskey

Coldwell Banker Schmidt - Petoskey

Property Details

Home Type

  • Condominium

HOA Fees

  • $192 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,329 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Double Pane Windows
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Deck
  • Sprinkler System

Community Details

  • The Meadows Association

Listing and Financial Details

  • Assessor Parcel Number 01-19-07-155-134

Property Details

Home Type

Condominium

Lot Details

0 Sq Ft Lot

HOA Fees

$192 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/16/2020
  • Section: 7
  • Second Address Number: 1516
  • Directions: 131 South, Right on Anderson Rd., Right on Castle Dr., Condo is on the right side of Castle Dr.
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Gas Fireplace, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Paved Road
  • Total Finished Sq Ft: 2329
  • Master Bedroom: Dimensions: 14 x 14, On Level: Main
  • Bedroom 2: Dimensions: 15 x 10, On Level: Main
  • Bedroom 3: Dimensions: 14 x 13, On Level: Lower
  • Bedroom 4: On Level: N/A
  • Basement: Full, Finished
  • Dining Room: Dimensions: 8 x 15, On Level: Main
  • Kitchen: Dimensions: 10 x 15, On Level: Main
  • Family Room: Dimensions: 14 x 39, On Level: Lower
  • Living Room: Dimensions: 15 x 16, On Level: Main
  • Above Grade Finished Sq Ft: 1250
  • Bathroom 1: Dimensions: 10 x 5, On Level: Main
  • Bathroom 2: Dimensions: 5 x 8, On Level: Main
  • Number Of Bedrooms: 3
  • Full Bathrooms: 3
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo, Double

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Garage-Attached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Natural Gas, Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: The Meadows
  • Association: Yes
  • Condo: Yes
  • Fees: 192

Schools

  • School District: Petoskey

Lot Info

  • Zoning: EC R-2

Tax Info

  • Assessor Parcel Number: 01-19-07-155-134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 10, 2020
Sold by
Freeman Eulis
Bought by
Freeman Eulis D And Donna W Trust
Seller's Agent
Marty Krupa
Jack Van Treese & Assoc..
Buyer's Agent
Sheela Welch
Coldwell Banker Schmidt - Petoskey
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$455,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,293
Avg. Annual Appreciation
10.29%

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 2, 2020
Sold by
Adams Chester J
Bought by
Freeman Eulis and Freeman Donna
Seller's Agent
Marty Krupa
Jack Van Treese & Assoc..
Buyer's Agent
Sheela Welch
Coldwell Banker Schmidt - Petoskey
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%

Purchase Details

Closed on
Aug 15, 2007
Sold by
Hale Nancy and Hale Charles W
Bought by
Adams Chester J and Adams Elsie G

Purchase Details

Closed on
Jun 13, 2002
Bought by
Hale Charles W and Hale Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Freeman Eulis D And Donna W Trust -- --
Freeman Eulis $260,000 --
Adams Chester J $210,000 --
Hale Charles W $156,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2020 07/02/20 Sold $260,000 0.0% $112 / Sq Ft
06/15/2020 06/15/20 For Sale $259,900 -- $112 / Sq Ft
Source: Northern Michigan MLS

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 $3,209 $178,300 $178,300 $0
2024 $30 $161,800 $161,800 $0
2023 $2,925 $140,300 $140,300 $0
2022 $2,925 $117,800 $117,800 $0
2021 $2,923 $117,800 $117,800 $0
2020 $2,133 $102,100 $102,100 $0
2019 $2,007 $95,000 $95,000 $0
2018 $1,959 $90,300 $90,300 $0
2017 -- $88,800 $88,800 $0
2016 -- $81,700 $81,700 $0
2015 -- $80,100 $0 $0
2014 -- $84,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Marty Krupa

    Jack Van Treese & Assoc..

    (231) 838-1971

    1 in this area

    21 Total Sales

    Marty Krupa
    Section Image
  • Sheela Welch

    Buyer's Agent in 2020

    Sheela Welch

    Coldwell Banker Schmidt - Petoskey

    (231) 838-2025

    7 in this area

    45 Total Sales

    Sheela Welch
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 462198

Northern Michigan MLS

APN: 01-19-07-155-134

Michigan Emmet County Petoskey 49770

1516 Castle Dr, Petoskey, MI

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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