$115,000
SOLD AUG 5, 2016

211 W Lake St Petoskey, MI 49770

4 Beds
2 Baths
1,949 Sq Ft
7,362 Sq Ft Lot

Recently Sold

$59 Per Sq Ft

28% Below List Price

480 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Double Pane Windows
  • Deck
  • First Floor Utility Room
  • 2-minute walk to Petoskey City Parks & Rec

About This Home

As of July 2021

This fixer upper has potential to be something really special. 4 bedroom 2 bath home on coveted West Lake Street. Just off the bike path and the marina. This is the ideal location for the year round enjoyment of downtown Petoskey. Walk to downtown in minutes. There are very few homes in this area that come available.

Last Agent to Sell the Property

Patrick Leavy

Kidd & Leavy Real Estate Co. LLC Listed on: 04/06/2015

Last Buyer's Agent

Danielle Boyd

Gaslight Group Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,595

Lot Details

  • Lot Dimensions are 50 x 137.6

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,949 Sq Ft Home
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Blinds
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

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

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
  • Measurement Source: Owner
  • Section: 6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Features: Cable, Ceiling Fans, Deck, Dishwasher, Dryer, Garbage Disposal, Mini Blinds, Range, Refrigerator, Washer, Wood Floors
  • Total Finished Sq Ft: 1949
  • Master Bedroom: Dimensions: 16 x 10, On Level: Upper
  • Bedroom 2: Dimensions: 12 x 10, On Level: Main
  • Bedroom 3: Dimensions: 15 x 13, On Level: Upper
  • Bedroom 4: Dimensions: 9 x 9, On Level: Upper
  • Total Rooms: 9
  • Dining Room: Dimensions: combo, On Level: Main
  • Kitchen: Dimensions: 22 x 11, On Level: Main
  • Family Room: Dimensions: 15 x 15, On Level: Main
  • Living Room: Dimensions: 15 x 14, On Level: Main
  • Above Grade Finished Sq Ft: 1949
  • Bathroom 1: Dimensions: 8 x 6, On Level: Main
  • Bathroom 2: Dimensions: 7 x 6, On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 2
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Insulated, Double

Exterior Features

  • Construction: Wood Frame/Site Built
  • Lake: Michigan
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

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

Schools

  • School District: Petoskey

Lot Info

  • Estimated Lot Dimensions: 50 x 137.6
  • Zoning: Residential

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
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 -- --
Deed -- --
Warranty Deed -- --
Warranty Deed $455,700 --
Warranty Deed -- Crossroads Title
Warranty Deed $170,000 --
Warranty Deed $84,000 --
Warranty Deed $60,500 --
Warranty Deed $33,000 --
Deed $26,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $388,000 New Conventional
Previous Owner $455,700 Unknown
Previous Owner $142,000 Construction
Previous Owner $176,165 No Value Available
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: 443737

Northern Michigan MLS

APN: 52-19-06-202-009