NOT LISTED FOR SALE

824 Resort Pike Rd Unit 2 Petoskey, MI 49770

Estimated Value: $897,000 - $1,079,339

4 Beds
4 Baths
2,450 Sq Ft
$200/mo HOA Fee

Last Sold February 27, 2017

Last sale price $420,000 $171 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $6,872/month

677 Days on Market

Highlights

  • Water Views
  • Main Floor Primary Bedroom
  • Patio
  • Deck
  • 1 Car Attached Garage
  • Living Room

About This Home

As of February 2017

Petoskey Lakeview Condominiums is a new construction 6 unit complex! With 3 sales in 2016 this is the last completed unit available and it's the Penthouse. Located just outside of Petoskey in Resort Township and perched on a high ridge these units boast 180 degree majestic views of Little Traverse Bay capturing Petoskey's famous Million Dollar Sunsets. This unit has a separate lock off on the main level that could be considered the 4th bedroom. Two new units coming in 2017 and the project will be complete!

Last Agent to Sell the Property

Michael MacCarthy

Gaslight Group Properties Listed on: 02/28/2015

Last Buyer's Agent

Craig Lively

North Shores Realty Group

North Shores Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,155

Year Built

  • Built in 2013

Lot Details

  • Sprinkler System

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,450 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Living Room
  • Dining Room
  • Water Views

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 13-18-02-435-103

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,155

Year Built

Built in 2013

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 2013
  • Measurement Source: Assessor
  • Section: 2
  • Survey: Y
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2013

Interior Features

  • Features: Built In Microwave, Cable, Ceiling Fans, Central Air, Deck, Dishwasher, Garbage Disposal, Patio, Paved Drive, Range, Refrigerator, Sprinkler System, Elevator
  • Total Finished Sq Ft: 2450
  • Master Bedroom: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Lower
  • Total Rooms: 8
  • Basement: Slab
  • 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: 2450
  • Bathroom 1: On Level: Main
  • Bathroom 2: On Level: Main
  • Number Of Bedrooms: 4
  • Full Bathrooms: 4
  • Rooms 1: Dimensions: bath, On Level: Lower
  • Rooms 2: On Level: N/A
  • Windows: Insulated

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Condo Unit Number: 3
  • Condo: Yes
  • Fees: 200

Schools

  • School District: Petoskey

Lot Info

  • Lot: Y
  • Zoning: PUD Residential

Tax Info

  • Assessor Parcel Number: 13-18-02-435-103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2022
Sold by
Morrison Bryant D
Bought by
Friske Scott M
Current Estimated Value
$1,004,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$613,748
Interest Rate
5.38%
Estimated Equity
$390,698

Purchase Details

Closed on
Oct 16, 2020
Sold by
Mayne Ben R
Bought by
Morrison Bryant D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2015
Closed on
Feb 27, 2017
Sold by
Dutch Properties Llc
Bought by
Mayne Ii Ben R and Mayne Carolyn M
Seller's Agent
Michael MacCarthy
Gaslight Group Properties
Buyer's Agent
Craig Lively
North Shores Realty Group
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.67%
Original Mortgage
$398,800
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Friske Scott M $740,000 --
Friske Scott M -- Talon Title Agency
Morrison Bryant D $555,000 --
Mayne Ii Ben R -- Attorneys Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friske Scott M $640,000
Closed Friske Scott M $640,000
Previous Owner Morrison Bryant D $510,400
Previous Owner Mayne Ii Ben R $398,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2017 02/27/17 Sold $420,000 -6.6% $171 / Sq Ft
01/05/2017 01/05/17 Pending -- -- --
02/28/2015 02/28/15 For Sale $449,900 -- $184 / 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 $16,155 $388,800 $388,800 $0
2024 $16,155 $394,800 $394,800 $0
2023 $6,181 $373,500 $373,500 $0
2022 $6,181 $270,100 $270,100 $0
2021 $5,949 $256,900 $256,900 $0
2020 $4,987 $259,300 $259,300 $0
2019 -- $255,600 $255,600 $0
2018 -- $206,800 $206,800 $0
2017 -- $171,600 $171,600 $0
2016 -- $121,700 $121,700 $0
2015 -- $146,900 $0 $0
2014 -- $132,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Michigan MLS

MLS Number: 443399

Northern Michigan MLS

APN: 13-18-02-435-103