NOT LISTED FOR SALE

140 Hobbs Hwy S Traverse City, MI 49696

Estimated Value: $383,000 - $449,000

3 Beds
1 Bath
1,826 Sq Ft
$229/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $295,000 $162 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,459/month

36 Days on Market

Highlights

  • Deck
  • Pole Barn
  • 2 Car Attached Garage
  • Courtade Elementary School Rated A-
  • Skylights
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

East Traverse City home on large lot near 1000's of acres of state land and close to numerous inland lakes! This bi-level has excellent bones and has been well cared for with plenty of updates. The serene parcel is abuzz with wildlife that can be viewed from the elevated deck off of the dining/kitchen area or from any number of potential outside lounging areas. In addition to an attached 2-car garage, you will find many uses for the 30x40 pole building w/220 power which provides plenty of space to store your boats or to set up your workshop or studio. The comfortable interior of the home features: skylights both in the living room and bathroom, an updated kitchen w/ stainless appliances, newer carpet & paint, central air, and a large walkout lower level with an awesome wood burning fireplace. The location is perfect for nature lovers, yet just minutes from downtown Traverse City and Grand Traverse Bay.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 05/06/2021

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Jean Hughey

Key Realty One-TC License #6502362197

Key Realty One-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,196

Year Built

  • Built in 1976

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 110x290x112x311
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,826 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Pole Barn
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,196

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bi-Level
  • Estimated Year Built: 1976
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Exhaust Fan, Blinds, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Skylights, Foyer Entrance, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x12, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 9x10, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 22x23, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10x10, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15x16, On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 1826

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Exterior Features: Deck, Landscaped, Gutters
  • Exterior Finish: Wood
  • Foundation: Walkout, Poured Concrete
  • Number Of Acres: 0.76
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet, Dish TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: metes & bounds

Lot Info

  • Land Features: Level, Rolling
  • Lot Dimensions: 110x290x112x311
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • 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
May 6, 2021
Closed on
Jun 11, 2021
Sold by
Steven Swogger
Bought by
Thompson Erin
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Jean Hughey
Key Realty One-TC
List Price
$279,900
Sold Price
$295,000
Premium/Discount to List
$15,100
5.39%
Current Estimated Value
$418,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,884
Avg. Annual Appreciation
8.31%

Purchase Details

Listed on
Mar 13, 2017
Closed on
Apr 28, 2017
Sold by
Matthew Harris
Bought by
Swogger Steven
Seller's Agent
Ken Kleinrichert
@properties Christie's Int'l
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$210,000
Sold Price
$206,000
Premium/Discount to List
-$4,000
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
Apr 18, 2012

Purchase Details

Closed on
Sep 30, 2011

Purchase Details

Closed on
Oct 12, 1994

Purchase Details

Closed on
Sep 8, 1988
Source: Public Records

Range of Values:

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Average Value
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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
Thompson Erin $295,000 --
Swogger Steven $206,000 --
-- -- --
-- $110,000 --
-- -- --
-- $54,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/11/2021 06/11/21 Sold $295,000 0.0% $162 / Sq Ft
05/11/2021 05/11/21 Price Changed $295,000 +5.4% $162 / Sq Ft
05/06/2021 05/06/21 For Sale $279,900 +35.9% $153 / Sq Ft
04/28/2017 04/28/17 Sold $206,000 -1.9% $113 / Sq Ft View Prior Sale
04/24/2017 04/24/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $210,000 -- $115 / 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 $3,196 $175,400 $0 $0
2024 $2,151 $152,400 $0 $0
2023 $2,059 $107,000 $0 $0
2022 $2,866 $107,600 $0 $0
2021 $2,439 $107,000 $0 $0
2020 $2,396 $96,100 $0 $0
2019 $2,408 $90,000 $0 $0
2018 $2,350 $86,800 $0 $0
2017 -- $67,200 $0 $0
2016 -- $64,000 $0 $0
2014 -- $59,600 $0 $0
2012 -- $56,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hagan

    Seller's Agent in 2021

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    34 in this area

    376 Total Sales

    Mark Hagan
    Section Image

  • J

    Buyer's Agent in 2021

    Jean Hughey

    Key Realty One-TC

    (231) 642-6765

    1 in this area

    8 Total Sales

    Jean Hughey
    Section Image
  • Ken Kleinrichert

    Seller's Agent in 2017

    Ken Kleinrichert

    @properties Christie's Int'l

    (231) 620-2989

    20 in this area

    119 Total Sales

    Ken Kleinrichert
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1887050

Northern Great Lakes REALTORS® MLS

APN: 03-102-019-30

Michigan Grand Traverse County Traverse City 49696

140 Hobbs Hwy S, Traverse City, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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