NOT LISTED FOR SALE

13425 S Bugai Rd Traverse City, MI 49684

Estimated Value: $474,000 - $776,000

4 Beds
4 Baths
2,736 Sq Ft
$208/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $190,000 $69 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $3,363/month

149 Days on Market

Highlights

  • Countryside Views
  • 1-Story Property
  • Baseboard Heating
  • Den

About This Home

As of October 2016

Conveniently located close to Traverse City at the base of Leelanau County. Affordable 2 bedroom, 1 bath apartment. The 2nd bedroom is small, would work well as an office.

Snow plowing and trash included. The only utilities you will have is your electric bill and cable.

Clean and ready for occupancy.

This listing is for single occupancy only. No pets, no smoking.

** Rent is $1295 per month and a $1295 security deposit.

** Pay rent before the 1st of the month received a $100 discount. Pay $1195 !!

Last Agent to Sell the Property

Matt Geib

Viewpoint Realty License #6502432932 Listed on: 04/12/2016

Last Buyer's Agent

Mark Eckhoff

Three West, LLC License #6501377842

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 5.27 Acre Lot
  • The community has rules related to zoning restrictions

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 2,736 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Den
  • Countryside Views
  • Basement Storage

Kitchen

  • Oven or Range
  • Disposal

Utilities

  • Multiple Heating Units
  • Baseboard Heating
  • Well
  • Cable TV Available

Listing and Financial Details

  • Rent includes exterior maintenance, trash removal, snow removal, water, sewer

Community Details

Overview

  • 4 Units
  • Metes And Bounds Community

Additional Features

  • Common Area
  • Net Operating Income $16,411

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 4 - Plex
  • Style: 1 Story
  • Estimated Year Built: 1970
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1970
  • Year Renovated: 2006

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, All Units The Same, Blinds
  • Interior Amenities: Storage Space, Den/Study, Drywall
  • Range: R 11W
  • Total Finished Sf Apx: 2736

Exterior Features

  • Exterior Features: Sidewalk, Countryside View
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 5.27
  • Road: Public Maintained, Blacktop
  • Roof: Membrane

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Private Well
  • Heating Cooling Type: Baseboard
  • Monthly Electricity Expense: 25

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Metes and Bounds

Lot Info

  • Lot Dimensions: 5.27 acres
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Agricultural, Rental History

Rental Info

  • Included In Lease: Exterior Maintenance, Trash Removal, Snow Removal, Water, Sewer

Multi Family

  • Total Number Units: 4

MLS Schools

  • School District: Traverse Bay Area Intermediate School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Oct 14, 2016
Sold by
O & S Real Estate Co Llc
Bought by
Leelanau Rentals Llc
Seller's Agent
Matt Geib
Viewpoint Realty
Buyer's Agent
Mark Eckhoff
Three West, LLC
List Price
$219,900
Sold Price
$190,000
Premium/Discount to List
-$29,900
-13.6%
Current Estimated Value
$568,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,850
Avg. Annual Appreciation
12.72%

Purchase Details

Closed on
Sep 20, 2004
Sold by
Send Roger A and Send Karen L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Leelanau Rentals Llc $190,000 --
-- $230,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2023 02/01/23 For Rent $1,195 0.0% --
10/14/2016 10/14/16 Sold $190,000 -13.6% $69 / Sq Ft
09/08/2016 09/08/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $219,900 -- $80 / 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 $4,560 $202,700 $0 $0
2024 $3,893 $163,000 $0 $0
2023 $3,714 $142,800 $0 $0
2022 $4,068 $130,700 $0 $0
2021 $3,904 $121,400 $0 $0
2020 $3,865 $111,000 $0 $0
2019 $3,773 $107,500 $0 $0
2018 -- $96,100 $0 $0
2017 -- $96,600 $0 $0
2016 -- $93,600 $0 $0
2015 -- $93,100 $0 $0
2014 -- $89,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1814183

Northern Great Lakes REALTORS® MLS

APN: 004-031-024-00