NOT LISTED FOR SALE

575 E Lake St Unit 3 Petoskey, MI 49770

Estimated Value: $292,529 - $408,000

2 Beds
1 Bath
792 Sq Ft
$411/Sq Ft Est. Value

Sale Details

Date Sold: February 3, 2023

Last sale price $235,000 $297 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,256 / mo

About This Home

Peeks of Little Traverse Bay from this efficient, two bedroom floor plan featuring hardwood floors (including under the current carpeted areas) and a one car garage, all adjacent to shopping, dining, and entertainment in Petoskey's Historic Gaslight District. The Lake Terrace Condominium Association is well run group of 16 units just one property away from Petoskey’s Central Business District on the way to the Upper East Side, a beautiful residential area known to contain the highest values within the city. With easy access to town, the waterfront, the Little Traverse Wheelway and a west facing view of those famous Petoskey sunsets. This is easy up north living, whether it is year-round, seasonal, or as a weekend getaway. Vacant and easy to see, call Mac today for your personal tour.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 2, 2023
Sold by
Tweeten Amy L
Bought by
Yarger Robert Reeve
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Michael MacCarthy
Gaslight Group Properties
List Price
$229,000
Sold Price
$235,000
Premium/Discount to List
$6,000
2.62%
Views
47
Current Estimated Value
$325,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,382
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Jun 2, 2006
Bought by
Tweeten Amy L

Purchase Details

Closed on
Mar 31, 2003
Sold by
Kulson Susan H
Bought by
Kulson Susan Howland Ttee

Purchase Details

Closed on
Apr 1, 1997
Bought by
Kulson Trustee

Purchase Details

Closed on
Dec 1, 1996
Bought by
Kulson Pta

Purchase Details

Closed on
Jul 1, 1992
Bought by
Srigley 3750 Dn 9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
Yarger Robert Reeve $235,000 --
Tweeten Amy L $82,500 --
Kulson Susan Howland Ttee -- --
Kulson Trustee -- --
Kulson Pta $43,000 --
Srigley 3750 Dn 9% $37,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2023 02/03/23 Sold $235,000 +2.6% $297 / Sq Ft View Prior Sale
01/20/2023 01/20/23 For Sale $229,000 -- $289 / Sq Ft

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 $2,891 $85,200 $85,200 $0
2024 $13 $83,800 $83,800 $0
2023 $1,832 $61,400 $61,400 $0
2022 $1,832 $57,100 $57,100 $0
2021 $1,780 $54,000 $54,000 $0
2020 $1,784 $54,000 $54,000 $0
2019 -- $52,900 $52,900 $0
2018 -- $42,500 $42,500 $0
2017 -- $42,700 $42,700 $0
2016 -- $39,200 $39,200 $0
2015 -- $38,800 $0 $0
2014 -- $30,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael MacCarthy

    Seller's Agent in 2023

    Michael MacCarthy

    Gaslight Group Properties

    (231) 838-7700

    63 in this area

    173 Total Sales

    Michael MacCarthy
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Map

Michigan Emmet County Petoskey 49770

575 E Lake St Unit 3, 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.

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