NOT LISTED FOR SALE

565 E Lake St Unit 9 Petoskey, MI 49770

Estimated Value: $215,688 - $439,000

1 Bed
1 Bath
641 Sq Ft
$164/mo HOA Fee

Last Sold August 09, 2019

Last sale price $105,000 $164 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $2,128/month

5 Days on Market

Highlights

  • Wood Flooring
  • Brick or Stone Mason
  • Dining Room
  • Main Floor Primary Bedroom
  • Living Room
  • 4-minute walk to Pennsylvania Park

About This Home

As of August 2019

One bedroom condo in walking distance to downtown.

Last Agent to Sell the Property

Jeff Patton

Coldwell Banker Schmidt - Petoskey Listed on: 07/03/2019

Coldwell Banker Schmidt - Petoskey

Last Buyer's Agent

Jeff Patton

Coldwell Banker Schmidt - Petoskey Listed on: 07/03/2019

Coldwell Banker Schmidt - Petoskey

Property Details

Home Type

  • Condominium

HOA Fees

  • $164 Monthly HOA Fees

Home Design

  • Brick or Stone Mason

Interior Spaces

  • 641 Sq Ft Home
  • Living Room
  • Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas

Community Details

  • Lake Terrace Association

Listing and Financial Details

  • Assessor Parcel Number 52-19-05-103-109

Property Details

Home Type

Condominium

Lot Details

0

HOA Fees

$164 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Lvt Date: 08/12/2019
  • Section: 5
  • Second Address Number: 565
  • Directions: E. Lake and Williams Street.
  • OFFICELIST_STATE: MI
  • Street Designation: Street
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Features: Range, Refrigerator, Wood Floors
  • Total Finished Sq Ft: 641
  • Master Bedroom: Dimensions: 11.6 x 13.2, On Level: Main
  • Bedroom 2: On Level: N/A
  • Bedroom 3: On Level: N/A
  • Bedroom 4: On Level: N/A
  • Dining Room: Dimensions: 6 x 9, On Level: Main
  • Kitchen: On Level: Main
  • Family Room: On Level: N/A
  • Living Room: Dimensions: 12 x 20, 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

Exterior Features

  • Construction: Brick
  • Waterfront Water Access: Neither

Utilities

  • Heat Type: Natural Gas, Hot Water Baseboard
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association: Lake Terrace
  • Association: Yes
  • Condo: Yes
  • Fees: $164

Schools

  • School District: Petoskey

Lot Info

  • Zoning: Rm-2

Tax Info

  • Assessor Parcel Number: 52-19-05-103-109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Radecki Steven V
Bought by
Radecki Steven V
Current Estimated Value
$333,922

Purchase Details

Closed on
Apr 25, 2014
Sold by
Robert R Robert R and Pim Jenna S
Bought by
Robert R And Jenna S Pim Trust /14

Purchase Details

Closed on
May 6, 2005
Sold by
Arch Marjorie and Wagner William
Bought by
Pim Ii Robert R and Pim Jenna S

Purchase Details

Closed on
Jan 18, 2002
Sold by
Arch Marjorie E and Wagner Wm
Bought by
Arch Marjorie E and Wagner Wm

Purchase Details

Closed on
May 16, 2000
Sold by
Arch Marjorie E and Wagner Wn
Bought by
Arch Marjorie E and Wagner Wm

Purchase Details

Closed on
Nov 20, 1999
Sold by
Arch Marjorie E
Bought by
Arch Marjorie E and Wagner Wm

Purchase Details

Closed on
Jun 4, 1999
Sold by
Snyder Sharon L
Bought by
Arch Marjorie E

Purchase Details

Closed on
Oct 10, 1998
Sold by
Ludos Phillip A
Bought by
Snyder Sharon L

Purchase Details

Closed on
Mar 1, 1997
Bought by
Ludos Pta

Purchase Details

Closed on
Dec 1, 1989
Sold by
Daniels Cash
Bought by
Zipp Rps

Purchase Details

Closed on
May 1, 1984
Bought by
Hume Repossessed
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
Radecki Steven V -- --
Robert R And Jenna S Pim Trust /14 $36,000 --
Pim Ii Robert R $71,000 --
Arch Marjorie E -- --
Arch Marjorie E -- --
Arch Marjorie E -- --
Arch Marjorie E $43,000 --
Snyder Sharon L $42,500 --
Ludos Pta $36,500 --
Zipp Rps $33,000 --
Hume Repossessed $36,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $105,000 0.0% $164 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $105,000 -- $164 / 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 $2,645 $65,000 $65,000 $0
2024 $25 $66,800 $66,800 $0
2023 $2,409 $49,700 $49,700 $0
2022 $2,409 $46,500 $46,500 $0
2021 $2,340 $44,100 $44,100 $0
2020 $2,379 $44,100 $44,100 $0
2019 -- $43,200 $43,200 $0
2018 -- $35,900 $35,900 $0
2017 -- $36,100 $36,100 $0
2016 -- $35,600 $35,600 $0
2015 -- $31,700 $0 $0
2014 -- $26,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Patton

    Seller's Agent in 2019

    Jeff Patton

    Coldwell Banker Schmidt - Petoskey

    (231) 881-9019

    3 in this area

    34 Total Sales

    Jeff Patton
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Map

Source: Northern Michigan MLS

MLS Number: 459808

Northern Michigan MLS

APN: 52-19-05-103-109

Michigan Emmet County Petoskey 49770

565 E Lake St Unit 9, Petoskey, MI

Not Listed for Sale

Condos

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