NOT LISTED FOR SALE

1099 Schmidt Way Traverse City, MI 49696

Estimated Value: $500,000 - $589,000

5 Beds
3 Baths
2,520 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $256,100 $102 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,216/month

6 Days on Market

Highlights

  • Bay View
  • Home Performance with ENERGY STAR
  • Ranch Style House
  • Central High School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of May 2016

Attractive and meticulously cared for 5 BD/3 BA home in the popular Cherry Ridge Site condominium/subdvision. Home has beautiful bay views, handcrafted stonework landscaping and gorgeous perennial gardens, plus no maintenance gutters and large deck with trellis and arbor. Features include cathedral ceilings, natural gas fireplace, hardwood floors, main level laundry/mudroom, central air, and good closet space with built in shelves. The bright walkout lower level has a large family room with decorative gas stove, built in shelving, two additional bedrooms with egress windows for family or guests, a 3rd full bath with shower and a small efficiency kitchen, making the lower level ideal for an in-law suite. New energy efficient furnace installed 2 years ago and mechanical room has utility sink and lots of storage shelving. Close to schools, and shopping and just several miles from airport and East Bay.

Last Agent to Sell the Property

Janice Slater

Beacon North Real Estate LLC License #6502410573 Listed on: 03/07/2016

Last Buyer's Agent

Dee-Dee Burch

REO-TCFront-233021 License #6501317640

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,938

Year Built

  • Built in 1999

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 199.95x78.44
  • Landscaped
  • Sloped Lot
  • Garden
  • The community has rules related to zoning restrictions

HOA Fees

  • $29 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,520 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Bay Views

Kitchen

  • Oven or Range
  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Basement

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

Parking

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

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Programmable Thermostat
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Home Performance with ENERGY STAR
  • Property is near a Great Lake

Community Details

Overview

  • Cherry Ridge Community

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,938

Year Built

Built in 1999

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, In-Law Suite or Apartment, 1 Story
  • Estimated Year Built: 1999
  • Construction: Frame, Timber Frame
  • Section Number: 30
  • Univs Design Barrier Free: Covered Entrance, Main Floor Access, Widened Doors, Extra Wide Hallways
  • Year Updated: 2013
  • Year Renovated: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1999

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Solid Surface Counters, Formal Dining Room, Drywall
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 14x12.6, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11x10.6, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x10.6, On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 15x11.1, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 12.4x10, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 19.6x14, On Level: Lower Floor, Flooring: Laminate
  • Kitchen: Dimensions: 10.8x9.3, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 19.6x14, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 19x11.6, On Level: Lower Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1440
  • Estimated Below Grade Finished Sq Ft: 1080
  • Estimated Below Grade Unfinished Sq Ft: 360
  • Price Per Sq Ft: 101.63
  • Range: R 10W
  • Total Finished Sf Apx: 2520

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Bay View, Deck, Patio, Sidewalk, Landscaped, Garden Area, Porch, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Poured Concrete, Entrance Outside, Egress Windows, Plumbed for Bath, Full Finished, Entrance Inside
  • Number Of Acres: 0.36
  • Road: Association, Blacktop
  • Roof: Asphalt
  • Water Features: Water View, Great Lake

Garage/Parking

  • Driveway: Concrete, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors, Door Opener, Paved Driveway, Plumbing

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Stove
  • Heating Cooling Types: Forced Air, Baseboard, Central Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • Annual Association Fees: 350

Association/Amenities

  • Development Amenities: Tennis Court
  • Development Name: Cherry Ridge

Schools

  • School District: Traverse City Area Public Schools

Green Features

  • Energy Efficient: Energy Star Appliances
  • Renewable: Programmable Thermostat

Lot Info

  • Land Features: Sloping
  • Lot Dimensions: 199.95x78.44
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo, Subdivision
  • 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
Mar 7, 2016
Closed on
May 2, 2016
Seller's Agent
Janice Slater
Beacon North Real Estate LLC
Buyer's Agent
Dee-Dee Burch
REO-TCFront-233021
List Price
$255,000
Sold Price
$256,100
Premium/Discount to List
$1,100
0.43%
Current Estimated Value
$539,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,123
Avg. Annual Appreciation
7.70%

Purchase Details

Closed on
Dec 3, 1999

Purchase Details

Closed on
Feb 26, 1999

Purchase Details

Closed on
Apr 6, 1994
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
-- $256,100 --
-- $34,000 --
-- $146,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2016 05/02/16 Sold $256,100 +0.4% $102 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $255,000 -- $101 / 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 $3,938 $212,100 $0 $0
2024 $2,651 $191,900 $0 $0
2023 $2,536 $134,400 $0 $0
2022 $3,532 $144,100 $0 $0
2021 $3,409 $134,400 $0 $0
2020 $3,349 $140,600 $0 $0
2019 $3,365 $133,400 $0 $0
2018 $3,284 $126,800 $0 $0
2017 -- $118,800 $0 $0
2016 -- $103,600 $0 $0
2014 -- $85,300 $0 $0
2012 -- $80,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Janice Slater

    Beacon North Real Estate LLC

    Section Image

  • D

    Buyer's Agent in 2016

    Dee-Dee Burch

    Real Estate One

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1812556

Northern Great Lakes REALTORS® MLS

APN: 03-384-064-00

Michigan Grand Traverse County Traverse City 49696

1099 Schmidt Way, Traverse City, MI

This home is located at 1099 Schmidt Way, Traverse City, MI 49696 since 07 March 2016 and is currently estimated at $539,223, approximately $213 per square foot. This property was built in 1999. 1099 Schmidt Way is a home located in Grand Traverse County with nearby schools including Cherry Knoll Elementary School, East Middle School, and Central High School.

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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