NOT LISTED FOR SALE

1298 Terra Rd Traverse City, MI 49686

Estimated Value: $373,000 - $398,000

2 Beds
2 Baths
1,396 Sq Ft
$275/Sq Ft Est. Value

Sale Details

Date Sold: April 27, 2023

Last sale price $365,250 $262 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,764 / mo

49 Days on Market

Highlights

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

About This Home

As of April 2023

Desirable Chestnut Hills condominium. This updated and meticulously maintained 2 bed, 2 bath condo is easy one story living in a conveniently located and quiet neighborhood. Cathedral ceiling, gas fireplace, large master with private bath and a large walk-in closet. The contemporary kitchen with stainless appliances, main floor laundry and large, finished garage make this an ideal, low maintenance, move-in ready home.

Last Agent to Sell the Property

Kathy Haynes

Keller Williams Northern Michigan License #6501418484 Listed on: 03/08/2023

Keller Williams Northern Michigan

Last Buyer's Agent

Andrea Galloup

Century 21 Northland

Century 21 Northland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

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

HOA Fees

  • $350 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,396 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Accessible Home Design

  • Handicap Accessible
  • Stepless Entry

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Ground Level Unit

Community Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

8,581 Sq Ft Lot

HOA Fees

$350 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1999
  • Construction: Frame
  • Univs Design Barrier Free: No Steps Entry, Ramped Entrance, Low Threshold Shower, Grab Bars
  • 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, Electric Water Heater
  • Interior Amenities: Cathedral Ceilings, Walk-In Closet(s), Mud Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 14x14, On Level: Main Floor
  • Bedroom 2: Dimensions: 14x12, On Level: Main Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 9xcombo, On Level: Main Floor
  • Living Room: Dimensions: 24x15, On Level: Main Floor
  • Range: R 11W
  • Total Finished Sf Apx: 1396

Exterior Features

  • Exterior Features: Sprinkler System, Patio, Handicap Access
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Road: Private Owned, Blacktop
  • Roof: Asphalt

Garage/Parking

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Lawn Care, Liability Insurance, Snow Removal
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 350

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Chestnut Hills

Lot Info

  • Land Features: Cleared, Wooded, Level
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Deed Restrictions, Building-Use Restrictions

Tax Info

  • Summer Taxes: 2026.22
  • Winter Taxes: 978.64
  • Year Winter: 2022

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 27, 2023
Sold by
Cushing Patricia E
Bought by
Tucker Tr L
Seller's Agent
Kathy Haynes
Keller Williams Northern Michigan
Buyer's Agent
Andrea Galloup
Century 21 Northland
List Price
$349,000
Sold Price
$365,250
Premium/Discount to List
$16,250
4.66%
Views
27
Current Estimated Value
$384,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,237
Avg. Annual Appreciation
1.74%

Purchase Details

Listed on
Apr 29, 2019
Closed on
Aug 9, 2019
Sold by
Loyd Whitaker
Bought by
Lafeldt Patricia
Seller's Agent
Dean Baker
REMAX Bayshore - Union St TC
Buyer's Agent
Dean Baker
REMAX Bayshore - Union St TC
List Price
$229,000
Sold Price
$217,000
Premium/Discount to List
-$12,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%

Purchase Details

Closed on
Aug 8, 2012

Purchase Details

Closed on
Sep 30, 2010

Purchase Details

Closed on
Jun 4, 2010

Purchase Details

Closed on
Jan 3, 2005

Purchase Details

Closed on
May 17, 2004

Purchase Details

Closed on
Jul 14, 1999
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
Tucker Tr L $365,250 --
Lafeldt Patricia $217,000 --
-- -- --
-- $133,000 --
-- -- --
-- -- --
-- $180,000 --
-- $149,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2023 04/27/23 Sold $365,250 +4.7% $262 / Sq Ft
04/26/2023 04/26/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $349,000 +60.8% $250 / Sq Ft
08/09/2019 08/09/19 Sold $217,000 -3.6% $155 / Sq Ft View Prior Sale
06/21/2019 06/21/19 Price Changed $225,000 -1.7% $161 / Sq Ft
04/29/2019 04/29/19 For Sale $229,000 -- $164 / Sq Ft
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 $4,669 $202,400 $0 $0
2024 $3,154 $173,900 $0 $0
2023 $2,128 $121,700 $0 $0
2022 $3,005 $111,200 $0 $0
2021 $3,073 $121,700 $0 $0
2020 $3,046 $112,300 $0 $0
2019 $1,479 $110,000 $0 $0
2018 $0 $98,900 $0 $0
2017 -- $94,100 $0 $0
2016 -- $86,500 $0 $0
2014 -- $76,800 $0 $0
2012 -- $76,200 $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: 1908871

Northern Great Lakes REALTORS® MLS

APN: 05-079-014-00

Your Personal Tour Guide

Ask me questions while you tour the home.