NOT LISTED FOR SALE

Estimated Value: $1,414,000 - $1,723,000

5 Beds
6 Baths
4,762 Sq Ft
$337/Sq Ft Est. Value

Last Sold May 25, 2015

Last sale price $623,500 $131 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $9,580/month

7 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 198 Feet of Waterfront
  • RV or Boat Parking
  • Central High School Rated A-
  • Sandy Beach
  • Bay View

About This Home

As of May 2015

Enjoy Breathtaking Views and Shared Lake Access on East Grand Traverse Bay from this Council Oak Estate Home on Old Mission Peninsula. Home features 4762 square feet of Finished Living Space over 3 floors, all with dramatic views of the Bay and surrounding 5 Acres of Rolling Hardwoods. Features of the home include; 5 Bedrooms & 6 Baths; Great Room with Cathedral Ceilings and a wall of windows; Brazillian Cherry Hardwood Flooring & Trim throughout the home; Granite counters & Cherry cabinetry in the Kitchen; Master BR Suite with Walk In Closet & Bathroom with Jetted Tub, Heated Floors, & Tile Shower and Private Bayview Balcony; Den or Study; Finished Walkout Lower Level with BR Suite with Jetted Tub & additional BR; 2 High Efficiency Furnaces & Central Air; 3 Car Attached Garage with openers & large Bonus Suite above with BR & 3/4 Bath; multiple levels of decking and balconies wrap the exterior of the home; and the Stone and Wood finishes give the home a Craftsman touch. Shared Frontage is 198' of Sandy Beach & Docking Privileges may be available.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 04/13/2015

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Brandi Stevens

Cherry Wings Realty, LLC License #6501381195

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 5 Acre Lot
  • 198 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Steep Slope
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Bay Views
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,762 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Bay Window
  • Entrance Foyer
  • Great Room
  • Den

Kitchen

  • No Kitchen Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Waterfront Park
  • Lake Privileges
  • Balcony
  • Tiered Deck
  • Covered Patio or Porch

Location

  • Property is near a Great Lake

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

Overview

  • Council Oak Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2004
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 8
  • Year Updated: 2004
  • Year Renovated: 2004
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Appliances Equipment: No Appliances
  • Interior Amenities: Jetted Tub, Cathedral Ceilings, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Pantry, Fixer-Upper, Granite Kitchen Tops, Great Room, Den/Study
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 16x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13.5x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15x13, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 6
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 4
  • Number of Three Quarter Bathrooms: 2
  • Dining Room: Dimensions: 14x10, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 25x14, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14x13, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 23x18, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 3692
  • Estimated Below Grade Finished Sq Ft: 1070
  • Estimated Below Grade Unfinished Sq Ft: 809
  • Price Per Sq Ft: 130.93
  • Range: R 10W
  • Total Finished Sf Apx: 4762

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Bay View, Balcony, Multi-Level Decking, Patio, Countryside View, Covered Porch, Porch, RV Parking
  • Exterior Finish: Stone, Wood
  • Foundation: Full, Walkout, Poured Concrete, Finished Rooms, Egress Windows
  • Number Of Acres: 5
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Sandy Bottom, Bluff (less than 10ft), Great Lake, Sandy Shoreline
  • Waterfront Frontage: 198

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Heating Cooling Types: Forced Air, Central Air, Zoned/Dual
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 50

Association/Amenities

  • Development Amenities: Community Dock, Lake Privileges, Water Front Park
  • Development Name: Council Oak

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Rolling, Steep
  • Lot Dimensions: 5.00ac
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 19, 2015
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Brandi Stevens
Cherry Wings Realty, LLC
List Price
$625,000
Sold Price
$623,500
Premium/Discount to List
-$1,500
-0.24%
Current Estimated Value
$1,604,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,464
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Apr 2, 2014

Purchase Details

Closed on
Sep 20, 2012

Purchase Details

Closed on
Mar 7, 2012

Purchase Details

Closed on
Feb 13, 2007

Purchase Details

Closed on
Sep 3, 1997

Purchase Details

Closed on
Jul 15, 1996

Purchase Details

Closed on
Jun 1, 1982
Source: Public Records

Range of Values:

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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
-- $623,500 --
-- $429,200 --
-- $92,400 --
-- $88,900 --
-- -- --
-- $49,500 --
-- -- --
-- $26,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2015 05/25/15 Sold $623,500 -0.2% $131 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $625,000 -- $131 / Sq Ft
Source: Northern Great Lakes REALTORS® 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 -- $737,900 $0 $0
2024 -- $661,500 $0 $0
2023 $9,976 $368,700 $0 $0
2022 $9,976 $378,000 $0 $0
2021 $9,311 $368,700 $0 $0
2020 $9,151 $372,700 $0 $0
2019 $9,199 $377,500 $0 $0
2018 $12,317 $327,600 $0 $0
2017 -- $323,600 $0 $0
2016 -- $327,400 $0 $0
2014 -- $311,900 $0 $0
2012 -- $318,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1797594

Northern Great Lakes REALTORS® MLS

APN: 11-008-030-10