NOT LISTED FOR SALE

1087 Resort Dr Traverse City, MI 49696

Estimated Value: $810,000 - $889,792

4 Beds
2 Baths
1,964 Sq Ft
$436/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $419,500 $214 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,359/month

40 Days on Market

Highlights

  • Boathouse
  • Deeded Waterfront Access Rights
  • Private Dock
  • Courtade Elementary School Rated A-
  • 164 Feet of Waterfront
  • Sandy Beach

About This Home

As of October 2016

Waterfront home on all sports Spider Lake featuring over 160 feet of sandy frontage and almost 1.5 acres of woods. This 4 br, 2 bath home sets on the main part of the lake with expansive views and easy access to the beach. Amenities include a large firepit area overlooking the lake, a beach house, outdoor hot tub and quiet location on paved road at the end of a cul de sac and surrounded by woods. Interior features include a walk out lower level, second kitchen, additional family room with pool table, granite counter tops, large deck overlooking Spider Lake and main floor laundry. Turnkey home includes most furnishings and exceptional rental history. Hard to find year round waterfront home with this much privacy, yet only minutes from downtown Traverse City.

Last Agent to Sell the Property

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 08/24/2016

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Amy Green

REO-TCRandolph-233022 License #6501327055

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,952

Year Built

  • Built in 1973

Lot Details

  • 1.46 Acre Lot
  • Lot Dimensions are 164 x 387
  • 164 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Game Room
  • Home Gym

Kitchen

  • Oven or Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Carport
  • RV or Boat Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Boathouse
  • Private Dock
  • Balcony
  • Tiered Deck
  • Patio
  • Rain Gutters

Utilities

  • Baseboard Heating
  • Well
  • Cable TV Available

Community Details

Overview

  • Arbutus Triangle Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,952

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1973
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 3
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1973

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Granite Bath Tops, Granite Kitchen Tops, Great Room, Exercise Room, Game Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 13x11.3, On Level: Main Floor
  • Bedroom 2: Dimensions: 11.2x11, On Level: Main Floor
  • Bedroom 3: Dimensions: 16x11, On Level: Lower Floor
  • Bedroom 4: Dimensions: 12.7x10.6, On Level: Lower Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 12x10
  • Living Room: Dimensions: 15x14
  • Estimated Above Ground Finished Sq Ft: 1064
  • Estimated Below Grade Finished Sq Ft: 900
  • Estimated Below Grade Unfinished Sq Ft: 164
  • Price Per Sq Ft: 213.59
  • Range: R 10W
  • Total Finished Sf Apx: 1964

Exterior Features

  • Additional Buildings: Boat House
  • Body Of Water: Spider Lake
  • Exterior Features: Balcony, Deck, Multi-Level Decking, Patio, Garden Area, RV Parking, Gutters
  • Exterior Finish: Wood
  • Foundation: Walkout, Block, Daylight Windows, Entrance Outside, Finished Rooms, Egress Windows, Full Finished, Entrance Inside
  • Number Of Acres: 1.46
  • Road: Blacktop, Cul-de-Sac, Public Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Private Dock, Sandy Bottom, Public Lake
  • Waterfront Frontage: 164

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Carport

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Baseboard
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Arbutus Triangle

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded
  • Lot Dimensions: 164 x 387
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Outbuildings Allowed

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 4, 2016
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Amy Green
REO-TCRandolph-233022
List Price
$425,000
Sold Price
$419,500
Premium/Discount to List
-$5,500
-1.29%
Current Estimated Value
$856,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,448
Avg. Annual Appreciation
8.21%
Source: Public Records

Range of Values:

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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
-- $419,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2016 10/04/16 Sold $419,500 -1.3% $214 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $425,000 -- $216 / 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 $9,952 $384,100 $0 $0
2024 $8,002 $299,100 $0 $0
2023 $7,639 $216,300 $0 $0
2022 $8,965 $215,700 $0 $0
2021 $8,664 $216,300 $0 $0
2020 $8,525 $202,100 $0 $0
2019 $8,441 $188,400 $0 $0
2018 $8,240 $182,800 $0 $0
2017 -- $181,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1822200

Northern Great Lakes REALTORS® MLS

APN: 03-110-029-01