NOT LISTED FOR SALE

211 W Lake St Petoskey, MI 49770

Estimated Value: $432,000 - $1,041,496

5 Beds
3 Baths
2,250 Sq Ft
$348/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $555,000 $247 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,130/month

11 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 2-minute walk to Petoskey City Parks & Rec

About This Home

As of July 2021

This home has been completely remodeled in recent years. Little Traverse Bay and the Little Traverse Wheelway are just out your front door. Tasteful finishes are found throughout with quality craftsmanship, modern design, and ample space to create a good flow for the home. Northern Michigan is like nowhere else and all of its wonderful amenities are right at your fingertips with this home. Whether it's enjoying Petoskey's famed Gaslight district for dining and shopping or having a boat slip at the marina, this home will have you close to it all.

Last Agent to Sell the Property

Pete Platte

Gaslight Group Properties Listed on: 06/11/2021

Last Buyer's Agent

Ethan Swiger

Real Estate One

Real Estate One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,595

Lot Details

  • 7,362

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • Family Room on Second Floor
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52-19-06-202-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,595

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 07/09/2021
  • Section: 6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Central Air
  • Total Finished Sq Ft: 2250
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Total Rooms: 7
  • Basement: Crawl
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: Dimensions: or 5th bedroom, On Level: Upper
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 2250
  • Bathroom 1: Dimensions: master, On Level: Main
  • Bathroom 2: Dimensions: guest, On Level: Main
  • Number Of Bedrooms: 5
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: mudroom, On Level: Main
  • Rooms 2: Dimensions: 3rd bath, On Level: Upper
  • Windows: Andersen

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle, Metal
  • 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

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 52-19-06-202-009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 2, 2021
Sold by
Ohmstede Michael A
Bought by
Schaefer John William and Wyatt Gwen K
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Ethan Swiger
Real Estate One
List Price
$565,000
Sold Price
$555,000
Premium/Discount to List
-$10,000
-1.77%
Current Estimated Value
$784,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,124
Avg. Annual Appreciation
8.71%

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 19, 2020
Sold by
Jonathan & N Ducastel Ft
Bought by
Ohmstede Michael A and Graham Larisa J
Seller's Agent
Pete Platte
Gaslight Group Properties
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$519,000
Sold Price
$485,000
Premium/Discount to List
-$34,000
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.56%
Original Mortgage
$388,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2019
Sold by
Ducastel Jonathan and Ducastel Natalie
Bought by
Jonathan & N Ducastel Ft

Purchase Details

Listed on
Mar 17, 2018
Closed on
May 14, 2018
Sold by
Boyd Craig and Boyd Danielle K
Bought by
Ducastel Jonathan and Ducastel Natalie
Seller's Agent
Danielle Boyd
Gaslight Group Properties
Buyer's Agent
Pete Platte
Gaslight Group Properties
List Price
$455,000
Sold Price
$455,700
Premium/Discount to List
$700
0.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$455,700
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 6, 2015
Closed on
Aug 5, 2016
Sold by
Hinchman Geoffrey M and Hinchman Lauren S
Bought by
Boyd Craig S and Boyd Danielle K
Seller's Agent
Patrick Leavy
Kidd & Leavy Real Estate Co. LLC
Buyer's Agent
Danielle Boyd
Gaslight Group Properties
List Price
$159,000
Sold Price
$115,000
Premium/Discount to List
-$44,000
-27.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.69%

Purchase Details

Closed on
Nov 9, 2010
Sold by
Lancaster Matthew C and Lancaster Sara L
Bought by
Hinchman Geoffrey M and Hinchman Lauren S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,165
Interest Rate
4.17%

Purchase Details

Closed on
Mar 4, 2004
Sold by
Thomas Donna J Johns
Bought by
Lancaster Matthew C and Lancaster Sara L

Purchase Details

Closed on
Sep 16, 1999
Bought by
Thomas Donna J Johns-

Purchase Details

Closed on
Jul 1, 1990
Sold by
Johnson 0Dn Prime+
Bought by
Kalchik Rps

Purchase Details

Closed on
May 1, 1985
Sold by
Kughman Wd L407 P429
Bought by
Johnson
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
Schaefer John William -- --
Ohmstede Michael A -- --
Jonathan & N Ducastel Ft -- --
Ducastel Jonathan $455,700 --
Boyd Craig S -- Crossroads Title
Hinchman Geoffrey M $170,000 --
Lancaster Matthew C $84,000 --
Thomas Donna J Johns- $60,500 --
Kalchik Rps $33,000 --
Johnson $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ohmstede Michael A $388,000
Previous Owner Ducastel Jonathan $455,700
Previous Owner Boyd Craig $142,000
Previous Owner Hinchman Geoffrey M $176,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $555,000 -1.8% $247 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $565,000 +16.5% $251 / Sq Ft
08/19/2020 08/19/20 Sold $485,000 -4.7% $216 / Sq Ft
07/14/2020 07/14/20 Price Changed $508,900 -1.9% $226 / Sq Ft
06/25/2020 06/25/20 For Sale $519,000 +13.9% $231 / Sq Ft
05/14/2018 05/14/18 Sold $455,700 +0.2% $203 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
03/17/2018 03/17/18 For Sale $455,000 +295.7% $202 / Sq Ft
08/05/2016 08/05/16 Sold $115,000 -27.7% $59 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
04/06/2015 04/06/15 For Sale $159,000 -- $82 / 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 $9,595 $416,300 $416,300 $0
2023 $8,800 $295,900 $295,900 $0
2022 $8,800 $252,300 $252,300 $0
2021 $8,419 $240,100 $240,100 $0
2020 $7,842 $240,100 $240,100 $0
2019 -- $214,100 $214,100 $0
2018 -- $165,600 $165,600 $0
2017 -- $92,900 $92,900 $0
2016 -- $90,800 $90,800 $0
2015 -- $93,700 $0 $0
2014 -- $97,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 465737

Northern Michigan MLS

APN: 52-19-06-202-009