Sold
4200 25 Main Street 25, Petoskey, MI 49770
Sold on 04/30/2024 for$1,725,000
MLS # 24012987 (Michigan Regional Information Center (MichRIC))
3 beds4 baths2,700 sqftBuilt 19990.01 acres
1 / 44
Listing Description
Welcome to Bay Harbor! Make your dream a reality with this stunning Cape Cod style condo, right on the harbor with unbelievable lake front views on 3 sides including two balconies and plenty of amenities. This stunning condo is a fully managed investment opportunity, with significant rental income. It is two units that can be separated. Boasting 3 bedrooms, 3.1 bathrooms, and 1.5 car garage spaces, this spacious 2700 SQFT turnkey, fully furnished, condo is ready to move in. With a full gym, 24-hour building security, housekeeping option, with amenities of Bay Harbor, swim club, the marina, and boating facilities. Step outside to the quaint shopping district lined with boutiques and cafes, or stroll to the waters edge and enjoy dinner at The Knot.
Source: SparkMLS
About this home
Located in Petoskey in Petoskey, this property offers 3-bedroom, 4-bath, 2,700 sq ft, with original construction dating to 1999.
Closed at $1,725,000 (about $639/sq ft).
Annual property taxes run approximately $12,634 ($1,053/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Fiber internet is available at this address with download speeds up to 1,000 Mbps across 6 providers. Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeResidential
Property SubtypeCondominium
Bedrooms3
Bathrooms4
Living Area2,700 sqft
Lot Size0.01 acres
Year Built1999
Stories1
Location
CityPetoskey
MunicipalityPetoskey City
Zip Code49770
CountyEmmet
School DistrictPublic Schools of Petoskey
Construction & Systems
StyleOther
ConstructionStucco
BasementOther
Garage1 space
HeatingForced Air
WaterPublic
SewerPublic
InteriorElevator
Sale & Financing
Listed3/17/2024
Sold Date4/29/2024
Terms AcceptedCash, Conventional
HOA
HOA Fee$34,502 / Annually
IncludesElectricity, Trash, Snow Removal, Lawn/Yard Care, Cable/Satellite
Source: SparkMLS
Tax Information
Annual Tax$12,634
Tax Year2022
Assessed Value$216,300
Parcel #52-18-03-400-005
Source: SparkMLS
Legal Description
BAY HARBOR MARINA DISTRICT CONDO, PLAN #183, UNIT 25. SECTION 3, T34N, R6W
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Ashley Crain
Crain Homes LLC
Frequently Asked Questions about 4200 25 Main Street 25, Petoskey, MI 49770
What school district is 4200 25 Main Street 25, Petoskey, MI 49770 in?
Per MLS# 24012987, this property is served by Public Schools of Petoskey. In Michigan, school district boundaries are set by the state and do not always follow city limits.
What type of financing is accepted for this listing?
Per MLS# 24012987, the seller has indicated this property accepts the following financing types: Cash, Conventional. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 24012987, the most recent reported annual property tax for 4200 25 Main Street 25, Petoskey, MI 49770 is $12,634 (2022). Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 4200 25 Main Street 25, Petoskey, MI 49770 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 4200 25 Main Street 25, Petoskey, MI 49770 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Is fiber internet available at 4200 25 Main Street 25, Petoskey, MI 49770?
Per FCC broadband data, this property has access to fiber internet service. The maximum advertised download speed is 1.0 Gbps. 6 internet providers serve this address. Confirm availability and speeds directly with providers.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: Consumers Energy Company. Gas: DTE Gas Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
For crime and public safety data, we recommend inquiring directly with the Petoskey City police department or the Emmet County sheriff's office.
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Mortgage Calculator
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Monthly payment$15,198
Principal & interest$12,323
HOA$2,875
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1 Gbps
Upload
1 Gbps
CableFiberGSO SatelliteSatelliteLicensed Fixed Wireless
6 providers at this address
SpectrumCable
1 GbpsTruestreamFiber
1 GbpsStarlinkGSO Satellite
280 MbpsHughesNetSatellite
100 MbpsViasat IncSatellite
100 MbpsT-MobileLicensed Fixed Wireless
0 MbpsFCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
4200 25 Main Street 25, Petoskey, MI 49770
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Municipality
Petoskey
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