NOT LISTED FOR SALE

1075 Tranquil Point Rd Traverse City, MI 49696

Estimated Value: $631,599 - $685,000

5 Beds
3 Baths
2,590 Sq Ft
$253/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $585,000 $226 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,887/month

34 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Bluff on Lot
  • Courtade Elementary School Rated A-
  • Spa
  • Deck

About This Home

As of September 2024

Welcome home to your beautiful new lake house! This home has everything you could possibly want - private water frontage on all-sports Rennie Lake, a hot tub, walk-out basement with wet bar, cathedral ceilings in the entryway, an island kitchen, large elevated back deck, and a private primary suite with a huge walk-in closet! The home offers 5 bedrooms, and 3 bathrooms with an open-concept kitchen, dining, and living room. Home also has an attached two car garage. All you have to do is move-in! Upper-level primary-suite has gorgeous water-views and is equipped with a large bathroom as well as a walk-in closet. The walk-out lower level is fully finished with two extra bedrooms, a wet bar, a beautiful gas fireplace and a bathroom with a huge walk-in shower. The one-acre parcel boasts mature hardwoods and evergreens. All of this conveniently located just 13 miles from downtown Traverse City and mere minutes from the thousands of acres that the Pere Marquette State Forest offers. Don't miss out on this rare opportunity to own a slice of heaven!

Last Agent to Sell the Property

Shelby Newhouse

Wentworth Real Estate Group License #6501450303 Listed on: 07/19/2024

Last Buyer's Agent

Jade Mason

Wentworth Real Estate Group License #6501432555

Wentworth Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,363

Year Built

  • Built in 2009

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 174x439x458
  • Private Waterfront
  • 30 Feet of Waterfront
  • Bluff on Lot
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,590 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Water Filtration System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Satellite Dish

Community Details

Overview

  • Rennie Lake Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,363

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 2009
  • Construction: Frame
  • Private Shared: Private
  • Year Rated: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2009

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Water Filtration System, Hot Tub, Blinds, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Island Kitchen, Mud Room, Drywall
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 12'3"x15'2", On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 8'7"x10'5", On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 9'5"x10'7", On Level: Main Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 14'x8'5", On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: combox13'7", On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 12'3"x11'9", On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 21'3"xcombo, On Level: Main Floor, Flooring: Wood
  • Range: R 10W
  • Total Finished Sf Apx: 2590

Exterior Features

  • Body Of Water: Rennie Lake
  • Exterior Features: Deck, Covered Porch, Porch, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Poured Concrete, Full Finished
  • Number Of Acres: 1.04
  • Road: Blacktop, Privately Maintained, Rd Maintenance Agreement
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Bluff (greater than 10ft), Deeded Easement
  • Waterfront Frontage: 30

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 8'x8', On Level: Lower Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Dish TV
  • Water: Private Well

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Rennie Lake Shores

Green Features

  • Home Energy Rating Score 1: yes
  • Leed Homes: Certified
  • Leed Neighborhood: Certified

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Cleared, Wooded, Evergreens, Sloping
  • Lot Dimensions: 174x439x458
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Sep 13, 2024
Sold by
Perkovich Joseph
Bought by
Sinelli Ann
Seller's Agent
Shelby Newhouse
Wentworth Real Estate Group
Buyer's Agent
Jade Mason
Wentworth Real Estate Group
List Price
$649,000
Sold Price
$585,000
Premium/Discount to List
-$64,000
-9.86%
Views
74
Current Estimated Value
$655,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,900
Avg. Annual Appreciation
10.75%

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 1, 2021
Sold by
Medici and Laura
Bought by
Perkovich Joseph
Seller's Agent
Scott Cleland
EXP Realty
Buyer's Agent
Scott Cleland
EXP Realty
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%

Purchase Details

Listed on
Aug 6, 2018
Closed on
May 24, 2019
Sold by
Clayton Lowes Benjamin
Bought by
Medici Zachary and Medici Laura
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Scott Cleland
EXP Realty
List Price
$349,000
Sold Price
$324,000
Premium/Discount to List
-$25,000
-7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%

Purchase Details

Closed on
Oct 22, 2008
Source: Public Records

Range of Values:

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Average Value
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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
Sinelli Ann $585,000 --
Perkovich Joseph $430,000 --
Medici Zachary $324,000 --
-- $19,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $585,000 -2.5% $226 / Sq Ft
08/12/2024 08/12/24 Price Changed $599,900 -2.4% $232 / Sq Ft
08/08/2024 08/08/24 Price Changed $614,900 -1.6% $237 / Sq Ft
08/02/2024 08/02/24 Price Changed $624,900 -3.7% $241 / Sq Ft
07/19/2024 07/19/24 For Sale $649,000 +50.9% $251 / Sq Ft
09/08/2021 09/08/21 Sold $430,000 +7.5% $248 / Sq Ft View Prior Sale
08/09/2021 08/09/21 Pending -- -- --
08/04/2021 08/04/21 Price Changed $399,900 -5.9% $230 / Sq Ft
07/30/2021 07/30/21 For Sale $425,000 +31.2% $245 / Sq Ft
05/24/2019 05/24/19 Sold $324,000 -3.0% $211 / Sq Ft View Prior Sale
05/24/2019 05/24/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $334,000 -1.5% $217 / Sq Ft
02/27/2019 02/27/19 Price Changed $339,000 -1.5% $221 / Sq Ft
01/21/2019 01/21/19 Price Changed $344,000 -1.4% $224 / Sq Ft
08/06/2018 08/06/18 For Sale $349,000 -- $227 / 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 $5,363 $285,900 $0 $0
2024 $3,666 $249,800 $0 $0
2023 $3,508 $170,500 $0 $0
2022 $4,654 $174,700 $0 $0
2021 $4,010 $170,500 $0 $0
2020 $3,940 $148,900 $0 $0
2019 $2,469 $138,000 $0 $0
2018 $2,410 $111,500 $0 $0
2017 -- $105,000 $0 $0
2016 -- $99,800 $0 $0
2014 -- $92,200 $0 $0
2012 -- $84,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Shelby Newhouse

    Wentworth Real Estate Group

    (231) 218-9810

    13 Total Sales

    Shelby Newhouse
    Section Image
  • Jade Mason

    Buyer's Agent in 2024

    Jade Mason

    Wentworth Real Estate Group

    (231) 499-1251

    56 Total Sales

    Jade Mason
    Section Image

  • S

    Seller's Agent in 2021

    Scott Cleland

    EXP Realty

    Section Image
  • Mark Hagan

    Seller's Agent in 2019

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    378 Total Sales

    Mark Hagan
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1924975

Northern Great Lakes REALTORS® MLS

APN: 03-112-003-30

Michigan Grand Traverse County Traverse City 49696

1075 Tranquil Point Rd, Traverse City, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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