NOT LISTED FOR SALE

1276 Terra Rd Traverse City, MI 49686

Estimated Value: $363,955 - $426,000

2 Beds
2 Baths
1,400 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $210,000 $150 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,485/month

65 Days on Market

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • Great Room
  • Central High School Rated A-
  • Ground Level Unit
  • Mud Room

About This Home

As of June 2016

Beautiful Chestnut Hills condo. Attractive floor plan with open living, dining, and kitchen. Vaulted ceilings, gas fireplace and pretty view to woods. Large walk in closet in spacious master suite. Upgraded soaking tub. Private patio, attached 2 car garage and located just minutes from downtown Traverse City.

Last Agent to Sell the Property

Carole Simon

REO-TCRandolph-233022 License #6501252411 Listed on: 03/29/2016

REO-TCRandolph-233022

Last Buyer's Agent

Jenifer Taylor

Five Star Real Estate - Front St TC License #6501373136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,101

Year Built

  • Built in 1998

Lot Details

  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,400 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Patio
  • Ground Level Unit

Community Details

  • Association fees include exterior maintenance, lawn care, liability insurance, snow removal
  • Chestnut Hills Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,101

Year Built

Built in 1998

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1998
  • Construction: Frame
  • Section Number: 23
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Blinds, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Mud Room, Great Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 14.04x14.10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.5x14.4, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: COMBx24, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 9x13, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 15.01xCOMB, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1400
  • Price Per Sq Ft: 150
  • Range: R 11W
  • Total Finished Sf Apx: 1400

Exterior Features

  • Exterior Features: Sprinkler System, Patio, Sidewalk
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Liability Insurance, Snow Removal
  • Annual Association Fees: 2220
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: CHESTNUT HILLS

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level
  • Parcel Description: Condo/None
  • 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 29, 2016
Closed on
Jun 24, 2016
Seller's Agent
Carole Simon
REO-TCRandolph-233022
Buyer's Agent
Jenifer Taylor
Five Star Real Estate - Front St TC
List Price
$214,500
Sold Price
$210,000
Premium/Discount to List
-$4,500
-2.1%
Current Estimated Value
$384,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,739
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Jul 23, 2012

Purchase Details

Closed on
Sep 6, 2001

Purchase Details

Closed on
Nov 14, 2000

Purchase Details

Closed on
Aug 31, 2000
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
-- $210,000 --
-- -- --
-- $161,000 --
-- $100 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $210,000 -2.1% $150 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $214,500 -- $153 / 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 $3,101 $193,300 $0 $0
2024 $2,095 $172,000 $0 $0
2023 $2,005 $122,000 $0 $0
2022 $2,831 $109,400 $0 $0
2021 $2,737 $122,000 $0 $0
2020 $2,714 $112,500 $0 $0
2019 $2,720 $110,300 $0 $0
2018 $0 $99,100 $0 $0
2017 -- $93,900 $0 $0
2016 -- $86,300 $0 $0
2014 -- $76,800 $0 $0
2012 -- $76,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1813503

Northern Great Lakes REALTORS® MLS

APN: 05-079-021-00