NOT LISTED FOR SALE

1277 Terra Rd Traverse City, MI 49686

Estimated Value: $372,000 - $415,000

2 Beds
2 Baths
1,400 Sq Ft
$276/Sq Ft Est. Value

Last Sold November 25, 2013

Last sale price $165,000 $118 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,260/month

25 Days on Market

Highlights

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

About This Home

As of November 2013

This attractive Chestnut Hills condo features all laminate flooring, tile trimmed gas F.P., cathedral ceilings, large open kitchen w/ tons of counter space, upgraded cabinets, great walk-in closet off master & big windows w/custom blinds letting in lots of light. Mud room & main floor laundry off two car attached garage. Full basement for storage. Beautifully maintained grounds & mature landscaping w/underground sprinklers. Enjoy an easy living life style in desirable location just minutes from downtown Traverse City.

Last Agent to Sell the Property

Carole Simon

REO-TCRandolph-233022 License #6501252411 Listed on: 09/19/2013

REO-TCRandolph-233022

Last Buyer's Agent

Bryan Olshove

Coldwell Banker Schmidt Traver License #6501314898

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,554

Year Built

  • Built in 1999

Lot Details

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

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

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
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Minimal Steps
  • Patio
  • Ground Level Unit

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,554

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1999
  • Construction: Frame
  • Section Number: 23
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1999

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Mud Room, Great Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 20.8x14.7, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 14.5x10.5, On Level: Main Floor, Flooring: Laminate
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: COMBOx14.00, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 10.2x9.0, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 23.1xCOMBO, On Level: Main Floor, Flooring: Laminate
  • Estimated Above Ground Finished Sq Ft: 1400
  • Estimated Below Grade Unfinished Sq Ft: 1400
  • Price Per Sq Ft: 117.86
  • Range: R 11W
  • Total Finished Sf Apx: 1400

Exterior Features

  • Exterior Features: Sprinkler System, Patio, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Full, Block
  • Road: Association, Blacktop, Privately Maintained
  • Roof: Asphalt

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Condo: Yes
  • Condo Unit Access: Limited 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: Wooded, Evergreens
  • Lot Dimensions: CONDO
  • 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
Sep 19, 2013
Closed on
Nov 25, 2013
Seller's Agent
Carole Simon
REO-TCRandolph-233022
Buyer's Agent
Bryan Olshove
Coldwell Banker Schmidt Traver
List Price
$168,500
Sold Price
$165,000
Premium/Discount to List
-$3,500
-2.08%
Current Estimated Value
$385,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,815
Avg. Annual Appreciation
7.40%

Purchase Details

Listed on
Jul 16, 2011
Closed on
Jan 10, 2012
Seller's Agent
Carole Simon
REO-TCRandolph-233022
Buyer's Agent
Molly Agostinelli
Coldwell Banker Schmidt Traver
List Price
$164,900
Sold Price
$149,900
Premium/Discount to List
-$15,000
-9.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Aug 22, 2011

Purchase Details

Closed on
Aug 28, 2006

Purchase Details

Closed on
Apr 28, 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
-- $165,000 --
-- $149,900 --
-- -- --
-- $200,000 --
-- $164,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2013 11/25/13 Sold $165,000 -2.1% $118 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
09/19/2013 09/19/13 For Sale $168,500 +12.4% $120 / Sq Ft
01/11/2012 01/11/12 Sold $149,900 -9.1% $107 / Sq Ft View Prior Sale
09/02/2011 09/02/11 Pending -- -- --
07/16/2011 07/16/11 For Sale $164,900 -- $118 / 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 $2,554 $209,300 $0 $0
2024 $1,725 $185,500 $0 $0
2023 $1,651 $129,900 $0 $0
2022 $2,331 $121,600 $0 $0
2021 $2,254 $129,900 $0 $0
2020 $2,234 $120,300 $0 $0
2019 $2,239 $117,600 $0 $0
2018 $0 $103,800 $0 $0
2017 -- $98,500 $0 $0
2016 -- $90,800 $0 $0
2014 -- $80,900 $0 $0
2012 -- $74,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1776563

Northern Great Lakes REALTORS® MLS

APN: 05-079-036-00