NOT LISTED FOR SALE

565 E Lake St Unit 11 Petoskey, MI 49770

Estimated Value: $286,000 - $371,000

1 Bed
1 Bath
641 Sq Ft
$225/mo HOA Fee

Last Sold August 04, 2023

Last sale price $259,000 $404 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,157/month

10 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Brick or Stone Mason
  • Detached Carport Space
  • Thermal Windows
  • Living Room
  • 4-minute walk to Pennsylvania Park

About This Home

As of August 2023

This custom condo in downtown Petoskey has all the bells and whistles. Professionally detailed and selling turn key. One bedroom and one full bath with a darling kitchen are all you need to call this comfortable little nest home! There is a one car garage as well as shared laundry in the buiding.

Last Agent to Sell the Property

Jane Fisher

Gaslight Group Properties License #6501333848 Listed on: 07/25/2023

Last Buyer's Agent

Michael MacCarthy

Gaslight Group Properties

Property Details

Home Type

  • Condominium

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Brick or Stone Mason
  • Asphalt Shingled Roof

Interior Spaces

  • 641 Sq Ft Home
  • Thermal Windows
  • Living Room
  • Dining Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Detached Carport Space

Utilities

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

Community Details

  • Lake Terrace Association

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-103-111

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 07/25/2023
  • Section: 5
  • Second Address Number: 565
  • Directions: Right downtown in beautiful Petoskey!
  • OFFICELIST_STATE: MI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: Cable, Dishwasher, Garbage Disposal
  • Total Finished Sq Ft: 641
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: On Level: Main
  • Above Grade Finished Sq Ft: 641
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: N/A
  • Number Of Bedrooms: 1
  • Full Bathrooms: 1
  • Rooms 1: On Level: N/A
  • Rooms 2: On Level: N/A
  • Windows: Thermo

Exterior Features

  • Construction: Brick
  • Roof: Asphalt Shingle
  • Waterfront Water Access: Neither

Garage/Parking

  • Garage Carport: Carport-Detached
  • Gar Car Capacity: One

Utilities

  • Heat Type: Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas

Condo/Co-op/Association

  • Association: Lake Terrace
  • Association: Yes
  • Condo: Yes
  • Fees: 225

Schools

  • School District: Petoskey

Lot Info

  • Zoning: residential

Tax Info

  • Assessor Parcel Number: 52-19-05-103-111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2023
Closed on
Aug 4, 2023
Sold by
Barnwell Rebecca M
Bought by
Parish Elizabeth Clea
Seller's Agent
Jane Fisher
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$259,000
Sold Price
$259,000
Views
97
Current Estimated Value
$310,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,394
Avg. Annual Appreciation
7.54%

Purchase Details

Closed on
Sep 16, 2011
Sold by
Fannie Mae
Bought by
Mcintire Barnwell Rebecca

Purchase Details

Closed on
Jul 29, 2010
Sold by
Watts Tl
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 26, 2005
Sold by
Wood Gregory D
Bought by
Jay Jeremy M

Purchase Details

Closed on
May 18, 1999
Sold by
Buller James H
Bought by
Wood Gregory D

Purchase Details

Closed on
Jul 1, 1992
Sold by
Fochtman 3300Dn 9%Int
Bought by
Buller
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
Parish Elizabeth Clea $259,000 Cislo Title Company Title Insu
Mcintire Barnwell Rebecca $64,100 --
Federal National Mortgage Association $40,365 --
Jay Jeremy M $58,000 --
Wood Gregory D $37,000 --
Buller $33,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $259,000 0.0% $404 / Sq Ft
07/25/2023 07/25/23 For Sale $259,000 -- $404 / 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 $3,835 $72,100 $72,100 $0
2024 $18 $72,800 $72,800 $0
2023 $1,692 $53,900 $53,900 $0
2022 $1,692 $50,200 $50,200 $0
2021 $1,644 $47,600 $47,600 $0
2020 $1,648 $47,600 $47,600 $0
2019 -- $46,600 $46,600 $0
2018 -- $38,600 $38,600 $0
2017 -- $38,800 $38,800 $0
2016 -- $38,200 $38,200 $0
2015 -- $33,900 $0 $0
2014 -- $27,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane Fisher

    Seller's Agent in 2023

    Jane Fisher

    Gaslight Group Properties

    (231) 409-8060

    52 in this area

    153 Total Sales

    Jane Fisher
    Section Image
  • Michael MacCarthy

    Buyer's Agent in 2023

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    63 in this area

    181 Total Sales

    Michael MacCarthy
    Section Image
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Map

Source: Northern Michigan MLS

MLS Number: 471754

Northern Michigan MLS

APN: 52-19-05-103-111

Michigan Emmet County Petoskey 49770

565 E Lake St Unit 11, Petoskey, MI

Not Listed for Sale

Condos

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