NOT LISTED FOR SALE

Estimated Value: $311,000 - $385,000

2 Beds
1 Bath
750 Sq Ft
$472/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $167,000 $223 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,324/month

3 Days on Market

Highlights

  • Ranch Style House
  • Central High School Rated A-
  • Level Lot

About This Home

As of December 2018

Amazing Opportunity to own a home that is commercially zoned in the city limits. If you are looking for a place to live and like to be in the middle of it all, this is the spot. This is more than just a home due to the zoning. The commercial zoning allows you to weekly and nightly rent so you can offset your mortgage or even make money above and beyond your payment all while being right in town. If you are looking to weekly or nightly rent, this is the property for you. close to town, right by the TART trail, and steps from the civic center make this home the perfect home or income property or both.

Last Agent to Sell the Property

Sam Flamont

The Mitten Real Estate Group Listed on: 10/31/2018

Last Buyer's Agent

Donald Fedrigon

REMAX Of Elk Rapids

REMAX Of Elk Rapids

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 45x82
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 750 Sq Ft Home
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Mineral Rights
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1947
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1947

Interior Features

  • Appliances Equipment: Oven/Range
  • Interior Amenities: Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 10x11
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 10x10
  • Living Room: Dimensions: 12x185
  • Range: R 11W
  • Total Finished Sf Apx: 750

Exterior Features

  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 0.08
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Municipal

Lot Info

  • Land Features: Level
  • Lot Dimensions: 45x82
  • Mineral Rights: To Pass With Title, Unknown
  • Zoning Use Restrictions: Residential, Commercial

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
Dec 18, 2018
Sold by
Cornerstone Affordable Homes T
Bought by
Powers Michael
Seller's Agent
Sam Flamont
The Mitten Real Estate Group
Buyer's Agent
Donald Fedrigon
REMAX Of Elk Rapids
List Price
$169,900
Sold Price
$167,000
Premium/Discount to List
-$2,900
-1.71%
Current Estimated Value
$354,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,373
Avg. Annual Appreciation
10.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Powers Michael $167,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $167,000 -1.7% $223 / Sq Ft
10/31/2018 10/31/18 For Sale $169,900 0.0% $227 / Sq Ft
10/01/2018 10/01/18 Rented $895 0.0% --
09/28/2018 09/28/18 Under Contract -- -- --
09/21/2018 09/21/18 For Rent $895 -- --
Source: Northern Great Lakes REALTORS® MLS

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 $5,756 $185,400 $0 $0
2024 $5,317 $169,200 $0 $0
2023 $4,988 $97,400 $0 $0
2022 $4,938 $100,900 $0 $0
2021 $4,819 $97,400 $0 $0
2020 $4,767 $96,400 $0 $0
2019 $4,013 $71,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1854634

Northern Great Lakes REALTORS® MLS

APN: 51-786-010-01

Your Personal Tour Guide

Ask me questions while you tour the home.