NOT LISTED FOR SALE

565 E Lake St Unit 9 Petoskey, MI 49770

Petoskey Area

Estimated Value: $194,398 - $410,000

1 Bed
1 Bath
641 Sq Ft
-- Built

Sale Details

Date Sold: August 9, 2019

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

Est. 161% increase in value since last sale

Current estimated payment $1,895 / mo

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

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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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 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Bought by
Current Estimated Value
$274,350

Purchase Details

Listed on
Jul 3, 2019
Closed on
Aug 9, 2019
Sold by
Bought by
Seller's Agent
Jeff Patton
Coldwell Banker Schmidt - Petoskey
Buyer's Agent
Jeff Patton
Coldwell Banker Schmidt - Petoskey
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%
Original Mortgage
$78,750
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2014
Sold by
Bought by

Purchase Details

Closed on
May 6, 2005
Sold by
Bought by

Purchase Details

Closed on
Jan 18, 2002
Sold by
Bought by

Purchase Details

Closed on
May 16, 2000
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 1999
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 1999
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 1997
Bought by

Purchase Details

Closed on
Dec 1, 1989
Sold by
Bought by

Purchase Details

Closed on
May 1, 1984
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Petoskey, MI

  • Kristin Rashid Real Estate Agent - Real Estate One-Milford

    Kristin Rashid

    Real Estate One-Milford

    (810) 644-1220

    77 Total Sales

    2 in Petoskey

    $412,000 Price Range

    Kristin Rashid
     Section Image
  • Kristin Clark Real Estate Agent - Gaslight Group Properties

    Kristin Clark

    Gaslight Group Properties

    (517) 246-0934

    31 Total Sales

    5 in Petoskey

    $430K - $1.2M Price Range

    Kristin Clark
     Section Image
  • Sarah Jones Real Estate Agent - Key Realty One

    Sarah Jones

    Key Realty One

    (760) 253-8063

    84 Total Sales

    1 in Petoskey

    $15,000 Price

    Sarah Jones
     Section Image
  • Christy Berry Real Estate Agent - Compass RE Texas, LLC.

    Christy Berry

    Responds Quickly

    Compass RE Texas, LLC.

    (817) 670-9178

    97 Total Sales

    1 in Petoskey

    $1,407,000 Price

    Christy Berry
     Section Image
  • Julia Pietrowicz Real Estate Agent - Keller Williams Northern Michigan

    Julia Pietrowicz

    Keller Williams Northern Michigan

    (231) 668-6859

    335 Total Sales

    1 in Petoskey

    $399,000 Price

    Julia Pietrowicz
     Section Image
  • Ken Carlson Real Estate Agent - Ken Carlson Realty

    Ken Carlson

    Ken Carlson Realty

    (989) 418-4296

    29 Total Sales

    1 in Petoskey

    $759,000 Price

    Ken Carlson
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$105,000 Talon Group
$36,000 --
$71,000 --
-- --
-- --
-- --
$43,000 --
$42,500 --
$36,500 --
$33,000 --
$36,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $78,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,645 $67,400 $67,400 $0
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 Real Estate Agent - Coldwell Banker Schmidt - Petoskey

    Seller's Agent in 2019

    Jeff Patton

    Coldwell Banker Schmidt - Petoskey

    (231) 881-9019

    29 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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