NOT LISTED FOR SALE

200 W Lake St Unit 15 Petoskey, MI 49770

Estimated Value: $486,000 - $647,468

3 Beds
2.5 Baths
1,440 Sq Ft
$345/mo HOA Fee

Last Sold September 10, 2020

Last sale price $365,000 $253 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,177/month

8 Days on Market

Highlights

  • Deck
  • First Floor Utility Room
  • 2 Car Attached Garage
  • Cathedral Ceiling
  • Thermal Windows
  • 2-minute walk to Petoskey City Parks & Rec

About This Home

As of September 2020

Rare opportunity to own this beautiful 3 bedroom 2.5 bath condominium with a 2 car attached garage located in one of Petoskey’s most desirable developments. This incredible location is just a short walk to Petoskey's downtown shops and restaurants, marina, & Bear River Valley Recreation Area. Located just off the Little Traverse Wheelway, you can bicycle/walk/rollerblade the paved, 26-mile trail right outside your door. Charming townhouse style condominium in immaculate condition. Most furnishings included.

Last Agent to Sell the Property

Doug Nowels

Real Estate One Listed on: 06/18/2020

Real Estate One

Last Buyer's Agent

Steve Shuman

Real Estate One

Real Estate One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,847

Year Built

  • Built in 2005

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Insulated Windows
  • Blinds
  • Living Room
  • Dining Room
  • First Floor Utility Room

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs

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

  • Water Street Condos Hs Association

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-206-115

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,847

Year Built

Built in 2005

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2005
  • Lvt Date: 06/18/2020
  • Measurement Source: Agent
  • Section: 6
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Features: Cable, Cathedral Ceilings, Ceiling Fans, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Mini Blinds, Paved Drive, Range, Refrigerator, Sprinkler System, Washer, Paved Road
  • Total Finished Sq Ft: 1440
  • Master Bedroom: Dimensions: 16X16, On Level: Upper
  • Bedroom 2: Dimensions: 14X10, On Level: Upper
  • Bedroom 3: Dimensions: 11X11, On Level: Upper
  • Bedroom 4: On Level: N/A
  • Total Rooms: 7
  • Basement: Slab
  • Dining Room: Dimensions: 10X12, On Level: Main
  • Kitchen: Dimensions: 11X15, On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 17X16, On Level: Main
  • Above Grade Finished Sq Ft: 1440
  • Bathroom 1: Dimensions: 14.6X9.6, On Level: Main
  • Bathroom 2: Dimensions: 8X5.6, On Level: Upper
  • Number Of Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Rooms 1: Dimensions: 6.6X6.6, On Level: Main
  • Rooms 2: Dimensions: 5.6X6.6, On Level: Main
  • Windows: Thermo, Insulated

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, 52 Gal

Condo/Co-op/Association

  • Association: Water Street Condos - HS
  • Association: Yes
  • Condo Unit Number: 15
  • Condo: Yes
  • Fees: 1035

Schools

  • School District: Petoskey

Lot Info

  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 52-19-06-206-115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Sep 10, 2020
Sold by
Moppert Philip E
Bought by
Matuzak August E and Matuzak Peggy L
Seller's Agent
Doug Nowels
Real Estate One
Buyer's Agent
Steve Shuman
Real Estate One
List Price
$400,000
Sold Price
$365,000
Premium/Discount to List
-$35,000
-8.75%
Current Estimated Value
$590,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,367
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
May 21, 2018
Sold by
Moppert Philip and Moppert Gay
Bought by
Philip E&G T Moppert Ret and Moppert Tr Philip E

Purchase Details

Closed on
Jun 17, 2011
Sold by
Petoskey Coastal Holdings Llc
Bought by
Moppert Philip and Moppert Gay

Purchase Details

Closed on
Aug 26, 2010
Sold by
Hemstreet John C
Bought by
Petoskey Coastal Holdings Llc
Source: Public Records

Range of Values:

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Average Value
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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
Matuzak August E $365,000 --
Philip E&G T Moppert Ret -- --
Moppert Philip $182,000 --
Petoskey Coastal Holdings Llc $131,738 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moppert Phillip $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $365,000 -3.7% $253 / Sq Ft
07/23/2020 07/23/20 Price Changed $379,000 -2.8% $263 / Sq Ft
07/13/2020 07/13/20 Price Changed $390,000 -2.5% $271 / Sq Ft
06/10/2020 06/10/20 For Sale $400,000 -- $278 / Sq Ft
Source: Northern Michigan MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $6,847 $287,500 $287,500 $0
2023 $6,280 $246,400 $246,400 $0
2022 $6,280 $186,700 $186,700 $0
2021 $9,249 $174,300 $174,300 $0
2020 $3,941 $178,100 $178,100 $0
2019 -- $175,100 $175,100 $0
2018 -- $123,000 $123,000 $0
2017 -- $122,900 $122,900 $0
2016 -- $103,400 $103,400 $0
2015 -- $102,900 $0 $0
2014 -- $90,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Doug Nowels

    Seller's Agent in 2020

    Doug Nowels

    Real Estate One

    (231) 838-2007

    90 Total Sales

    Doug Nowels
    Section Image
  • Steve Shuman

    Buyer's Agent in 2020

    Steve Shuman

    Real Estate One

    (231) 838-2888

    23 Total Sales

    Steve Shuman
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 462224

Northern Michigan MLS

APN: 52-19-06-206-115

Michigan Emmet County Petoskey 49770

200 W Lake St Unit 15, Petoskey, MI

This home is located at 200 W Lake St Unit 15, Petoskey, MI 49770 since 18 June 2020 and is currently estimated at $590,367, approximately $409 per square foot. This property was built in 2005. 200 W Lake St Unit 15 is a home located in Emmet County with nearby schools including Petoskey High School, St. Francis Xavier School, and Petoskey Montessori Children's.

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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