For sale

$320,000

1487 Castle Dr, Petoskey, MI 49770

2beds

1,331sqft

$2,590/mo

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Condominium

Built in 2001

-- sqft lot

$312,200 Zestimate^®

$240/sqft

$245/mo HOA

What's special

Enjoy the convenience of being just minutes from downtown Petoskey, with the cinema, grocery stores, shopping, and everyday conveniences all nearby. Located in The Meadows Condominium Association, this two-bedroom, two-bath condo offers a private balcony and attached one-car garage. The second-floor location provides a comfortable setting, while the low-maintenance lifestyle makes this an appealing option for those looking to downsize, simplify, or have a convenient Northern Michigan home base. Schedule your private showing today.

4 days
32
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Area: 151.25
Dimensions: 12.5 x 12.1

Bedroom

Area: 116.15
Dimensions: 11.5 x 10.1

Dining room

Area: 73.83
Dimensions: 10.7 x 6.9

Kitchen

Area: 239.56
Dimensions: 10.6 x 22.6

Living room

Area: 173.17
Dimensions: 14.3 x 12.11

Heating

Forced Air

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Dishwasher, Disposal, Refrigerator, Washer, Dryer

Features

Basement: None

Interior area

Total interior livable area: 1,331 sqft

Property

Parking

Parking features: Attached Garage
Has attached garage: Yes
Covered spaces: 1

Features

Patio & porch: Deck

Lot

Features: Paved, Sprinkler System

Details

Additional structures: None
Parcel number: 011907155150

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Wood Frame/Site Built

Condition

Year built: 2001

Utilities & green energy

Sewer: City
Water: City
Utilities for property: Cable Connected

Community & HOA

HOA

Has HOA: Yes
HOA fee: $245 monthly
HOA name: The Meadows

Location

Region: Petoskey

Financial & listing details

Price per square foot: $240/sqft
Tax assessed value: $134,100
Annual tax amount: $2,301
Date on market: 10/7/2026

Estimated market value

$312,200

$297,000 - $328,000

$1,946/mo

Price history

Date	Event	Price
10/7/2026	Listed for sale	$320,000+93.9%$240/sqft
Source: Northern Michigan MLS #480988 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
7/15/2020	Sold	$165,000+3.2%$124/sqft
Source: Public Record Report a problem
10/8/2017	Listing removed	$159,900$120/sqft
Source: Owner Report a problem
7/3/2017	Listed for sale	$159,900$120/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$2,301 +2.6%	$134,100 +8.6%
2025	$2,243	$123,500 +53.4%
2021	--	$80,500 +13.2%
2020	--	$71,100 +1.9%
2019	--	$69,800 +4%
2018	--	$67,100 +4.2%
2017	--	$64,400 +3.2%
2016	--	$62,400
2015	--	$62,400 +6.5%
2014	--	$58,600 +3.4%
2013	--	$56,700 -8.3%
2012	--	$61,800 +6.6%
2011	--	$58,000 -5.2%
2010	--	$61,200

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 49770

Getting around

37 / 100

Car-Dependent

42 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Sheridan School
Grades: K-5Distance: 1 mi
9/10
Petoskey Middle School
Grades: 6-8Distance: 2.2 mi
7/10
Petoskey High School
Grades: 9-12Distance: 2 mi

Schools provided by the listing agent

District: Petoskey

Source: Northern Michigan MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.