NOT LISTED FOR SALE

1292 Terra Rd Traverse City, MI 49686

Estimated Value: $350,000 - $475,000

2 Beds
3 Baths
2,096 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $230,000 $110 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,672/month

25 Days on Market

Highlights

  • Cathedral Ceiling
  • Mud Room
  • Forced Air Heating and Cooling System
  • Central High School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of April 2018

The convenience of in-town location combined with the ease of condo living. Enjoy the open floor plan with a bright sunny kitchen and living room with cathedral ceiling and cozy fireplace. There is a spacious master suite with walk-in closet and large bathroom. A finished family room in the lower level and another bathroom add to the functionality and practicality of this condo. Main floor living/laundry, central air and an attached two car garage are just a few of the extra amenities you'll find here.

Last Agent to Sell the Property

Barb Krueger

Berkshire Hathaway Homeservices - TC License #6501380118 Listed on: 03/02/2018

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Sam Flamont

The Mitten Real Estate Group License #6502431112

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,179

Year Built

  • Built in 1999

Lot Details

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

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Mud Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Stepless Entry

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,179

Year Built

Built in 1999

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 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, Natural Gas Water Heater
  • Interior Amenities: Cathedral Ceilings, Mud Room, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 14.5x19
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: combox15
  • Kitchen: Dimensions: 9x15
  • Living Room: Dimensions: 21xcombo
  • Estimated Above Ground Finished Sq Ft: 1396
  • Estimated Below Grade Finished Sq Ft: 700
  • Estimated Below Grade Unfinished Sq Ft: 700
  • Price Per Sq Ft: 109.73
  • Range: R 11W
  • Total Finished Sf Apx: 2096

Exterior Features

  • Exterior Features: Sprinkler System, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Full, Block, Finished Rooms, Egress Windows
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • 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, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Annual Association Fees: 2340
  • Condo: Yes
  • Condo Unit Access: No Steps

Association/Amenities

  • Development Name: Chestnut Hills

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1481.03
  • Total Taxes: 2178.85
  • Winter Taxes: 697.82

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Apr 9, 2018
Sold by
Colbath David W
Bought by
Sanford Bunny
Seller's Agent
Barb Krueger
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Sam Flamont
The Mitten Real Estate Group
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Current Estimated Value
$398,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,601
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Aug 6, 1999
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
Sanford Bunny $230,000 --
-- $153,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $230,000 -4.2% $110 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/14/2018 03/14/18 Price Changed $240,000 -4.0% $115 / Sq Ft
03/02/2018 03/02/18 For Sale $250,000 -- $119 / 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 $3,656 $211,900 $0 $0
2024 $2,469 $187,600 $0 $0
2023 $2,363 $131,000 $0 $0
2022 $3,337 $123,500 $0 $0
2021 $3,307 $131,000 $0 $0
2020 $3,278 $121,400 $0 $0
2019 $3,285 $118,600 $0 $0
2018 $0 $104,700 $0 $0
2017 -- $98,400 $0 $0
2016 -- $90,800 $0 $0
2014 -- $80,800 $0 $0
2012 -- $76,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1843265

Northern Great Lakes REALTORS® MLS

APN: 05-079-016-00