575 E Lake St, Apt 1, Petoskey, MI 49770 Property Records

Emmet County property record for 575 E Lake St, Apt 1, Petoskey, MI 49770

Property Summary

Property Type	Condominium
Details	2 bd · 1 ba · 792 sqft · built 1940
Lot Size	0.018 acres (783 sqft)
Owner	2 Company Names on File
Last Sale	$234,900 (Dec 2022)
Tax Bill	$2,224 (2024)
Deeds & Mortgages	Jun 2023 Transfer Dec 2022 Sale + 2 more
Flood Zone	Zone X (minimal risk)
APN	`52-19-05-103-101`

Property Details

APN / Parcel Number

Primary APN	`52-19-05-103-101`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Units	6 Units
Building Area	792 sqft Living Area
1st Floor Area	792 sqft

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Architectural Style	Condo/Apartment
Lot Area	783 sqft (0.018 acres)
Garage Area	220 sqft

Location & Zoning

Street Address	575 E LAKE ST, 1
City	PETOSKEY
State	MI
Zip	49770-2589
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	COP RM-2
Legal Description	LAKE TERRACE CONDOMINIUM PLAN 32, UNIT 1. SECTION 5, T34N, R5W
Legal Range	05W
Legal Township	34N
Legal Section	05
Legal Subdivision	LAKE TERRACE CONDOMINIUM
Jurisdiction	EMMET MI
Township / Civil Division	PETOSKEY
Census Block Group	1
Census Block	1076
Census Tract	970700

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the East Mitchell Street Historic District listed 1986 · 284 contributing resources · NRIS 86001983

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Emmet County records, as of October 20, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Company Names on File
Mailing Address	575 E LAKE ST, 1, PETOSKEY, MI 49770-2589
Occupancy	Owner Occupied
Owner Type	Company
Vesting	Life Estate

Deeds, Mortgages & Sale History

Date	Document
Jun 8, 2023	Quit Claim Deed, Transfer Quitclaim
Dec 28, 2022	Warranty Deed, Transfer
Feb 25, 2022	Warranty Deed, Transfer
Oct 11, 2021	Warranty Deed, Transfer · Conventional Mortgage MERCANTILE BANK OF MICHIGAN

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 28, 2022 · Amount on File
Deed Sale	Dec 28, 2022 · Amount on File
Prior Sale	Oct 11, 2021 · Amount on File
Deed Document Number	20225202298
Deed Book / Page	1249 / 329
Last Transfer Date	Jun 5, 2023
Transfer Doc	001252/673
Record Updated	Oct 29, 2026

June 2023: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	EMMET MI
Recording Date	Jun 8, 2023
Property Address	575 E LAKE ST APT 1, 1, PETOSKEY, MI 49770-2589
Document Number	001252/673
Book / Page	1252 / 673
Instrument Date	Jun 5, 2023
Instrument	5205662
Transaction Type	Transfer
Record Updated	Jun 23, 2023

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	20250 CLEMENT RD, NORTHVILLE, MI 48167-1334

December 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	EMMET MI
Recording Date	Dec 28, 2022
Property Address	575 E LAKE ST APT 1, 1, PETOSKEY, MI 49770-2589
Document Number	001249/329
Book / Page	1249 / 329
Instrument Date	Dec 16, 2022
Instrument	5202298
Transaction Type	Transfer
Record Updated	Jan 6, 2023

Transaction

Amount	Amount on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	20250 CLEMENT RD, NORTHVILLE, MI 48167-1334

February 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	EMMET MI
Recording Date	Feb 25, 2022
Property Address	575 E LAKE ST APT 1, 1, PETOSKEY, MI 49770-2589
Document Number	001241/863
Book / Page	1241 / 863
Instrument Date	Feb 25, 2022
Instrument	5194837
Transaction Type	Transfer
Record Updated	Nov 15, 2022

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	575 E LAKE ST, PETOSKEY, MI 49770-2589

October 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	EMMET MI
Recording Date	Oct 11, 2021
Property Address	575 E LAKE ST APT 1, 1, PETOSKEY, MI 49770-2589
Document Number	1237/863
Book / Page	1237 / 863
Instrument Date	Oct 1, 2021
Instrument	5190824
Transaction Type	Transfer
Record Updated	Nov 1, 2021

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2250 M 119, PETOSKEY, MI 49770-9377

Mortgage

Document Number	0000001237/0000000864
Date	Oct 11, 2021
Book Page	0000001237/0000000864
Instrument	5190825

Lender

Name	MERCANTILE BANK OF MICHIGAN

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jan 1, 2051

Tax Assessment & Valuation

Source: Emmet County assessment roll, as of July 21, 2026

Property Jurisdictions

Type	Name
State	Michigan
County	Emmet County
Municipality	Petoskey City
Unified School District	Public Schools of Petoskey (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$88,200 (+3.52%) Land $88,200	$176,400 (+3.52%) Land $176,400
2025		$85,200 (+38.76%) Land $85,200	$170,400 (+38.76%) Land $170,400
2024	$2,224.00
2023		$61,400 Land $61,400	$122,800 Land $122,800

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective May 31, 2022 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 51% of Michigan
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF PETOSKEY serves 8,979 people · EPA ID MI0005300
Water Source	Groundwater
Last State Inspection	Aug 2023
Lead	2 ppb (2022–2024) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 172 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Spectrum Cable · Fiber in parts of the area	1,000 / 1,000
Verizon Fixed Wireless	300 / 20

May also be available: AT&T.

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