$732,000
SOLD JUL 11, 2025

200 W Lake St Unit 4 Petoskey, MI 49770

2 Beds
4 Baths
1,710 Sq Ft
$408/mo HOA Fee

Recently Sold

$428 Per Sq Ft

36 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Living Room
  • Lower Floor Utility Room
  • Patio
  • 2-minute walk to Petoskey City Parks & Rec

About This Home

As of July 2025

Experience the pinnacle of Northern Michigan living in this luxurious downtown Petoskey condominium, where timeless elegance meets modern convenience. Boasting 2 spacious bedrooms, 2 full baths, and 2 half baths, this refined residence offers an exceptional blend of comfort and style. Step inside to discover an open, thoughtfully designed layout ideal for both everyday living and entertaining. The kitchen flows effortlessly into a sunlit living area, while the lower-level family room provides additional space to relax, unwind, or host guests. An attached two-car garage ensures year-round convenience and secure parking. The highlight of this exceptional condo is the private deck, the perfect setting for morning coffee, sunset cocktails, or simply soaking in the panoramic views. Located just a few blocks from Petoskey's charming Gaslight District, you’ll enjoy easy access to boutique shopping, fine dining, art galleries, and a vibrant calendar of seasonal events that bring the community to life. Whether you're seeking a serene year-round residence or a stylish seasonal retreat, this rare downtown offering combines luxury, location, and lifestyle like no other. Schedule your private tour today and discover Petoskey living at its finest.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 06/05/2025

Last Buyer's Agent

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 06/05/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,282

HOA Fees

  • $408 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room Downstairs
  • Living Room
  • Lower Floor Utility Room
  • Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-206-104

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,282

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 06/05/2025
  • Section: 6
  • Second Address Number: 200
  • Directions: Corner of W. Lake St and Wachtel Ave.
  • Price per Sq Ft: 428.07
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: Built In Microwave, Cable, Central Air, Deck, Dishwasher, Dryer, Garbage Disposal, Gas Fireplace, Patio, Paved Drive, Range, Refrigerator, Washer
  • Total Finished Sq Ft: 1710
  • Master Bedroom: Dimensions: 19x20, On Level: Upper
  • Bedroom 2: Dimensions: 13x14, On Level: Upper
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Total Rooms: 5
  • Basement: Partial, Finished
  • Dining Room: On Level: N/A
  • Kitchen: Dimensions: 19x15, On Level: Upper
  • Family Room: Dimensions: 9x13, On Level: Lower
  • Living Room: Dimensions: 19x25, On Level: Upper
  • Above Grade Finished Sq Ft: 1402
  • Bathroom 1: Dimensions: 9x7, On Level: Upper
  • Bathroom 2: Dimensions: 5x7, On Level: Upper
  • Number Of Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A

Exterior Features

  • Construction: Wood Frame/Site Built, Two Story +
  • 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

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 4
  • Condo: Yes
  • Fees: 1225

Schools

  • School District: Petoskey
  • School District: Petoskey

Lot Info

  • Zoning: COP PUD

Tax Info

  • Assessor Parcel Number: 52-19-06-206-104

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2025
Closed on
Jul 9, 2025
Sold by
Potts Michael R and Potts Tiffany
Bought by
Ries Thomas E
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
List Price
$732,000
Sold Price
$732,000
Views
164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-61.04%
Original Mortgage
$232,000
Outstanding Balance
$231,804
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$380,165

Purchase Details

Closed on
Oct 17, 2023
Sold by
Potts Michael and Potts Tiffany
Bought by
Potts Michael R and Potts Tiffany

Purchase Details

Listed on
May 30, 2023
Closed on
Jul 27, 2023
Sold by
Clark Samuel D Clark Kristin and Clark Kristin K
Bought by
Potts Michael and Potts Tiffany
Seller's Agent
Kristin Clark
Gaslight Group Properties
Buyer's Agent
Joe Blachy
Petoskey Real Estate Group
List Price
$595,000
Sold Price
$605,000
Premium/Discount to List
$10,000
1.68%
Views
317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$453,750
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2019
Sold by
Clark Kristin K
Bought by
Clark Samuel D and Clark Kristin K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2018
Sold by
Keiswetter Paul C
Bought by
Clark Kristin K

Purchase Details

Closed on
May 11, 2011
Sold by
Petoskey Coastal Holdings Llc
Bought by
Keiswetter Paul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.96%

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
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 Type Sale Price Title Company
Warranty Deed -- Crossroads Title
Warranty Deed -- --
Warranty Deed -- Cislo Title Company
Quit Claim Deed -- --
Warranty Deed $159,133 --
Limited Warranty Deed $245,000 --
Sheriffs Deed $217,924 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,000 New Conventional
Previous Owner $453,750 New Conventional
Previous Owner $174,500 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $183,750 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $732,000 0.0% $428 / Sq Ft
06/05/2025 06/05/25 For Sale $732,000 +21.0% $428 / Sq Ft
07/27/2023 07/27/23 Sold $605,000 +1.7% $367 / Sq Ft
05/30/2023 05/30/23 For Sale $595,000 -- $361 / 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
2025 $17,282 $341,800 $341,800 $0
2024 $17,282 $328,100 $328,100 $0
2023 $9,468 $281,100 $281,100 $0
2022 $9,468 $212,800 $212,800 $0
2021 $9,198 $200,700 $200,700 $0
2020 $9,222 $204,300 $204,300 $0
2019 -- $200,800 $200,800 $0
2018 -- $192,000 $192,000 $0
2017 -- $191,800 $191,800 $0
2016 -- $161,000 $161,000 $0
2015 -- $160,100 $0 $0
2014 -- $166,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 476708

Northern Michigan MLS

APN: 52-19-06-206-104