NOT LISTED FOR SALE

Estimated Value: $2,119,000 - $3,101,462

4 Beds
2.5 Baths
4,060 Sq Ft
$629/Sq Ft Est. Value

Last Sold June 20, 2017

Last sale price $635,000 $156 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $15,155/month

65 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 190 Feet of Waterfront
  • Bay View
  • Central High School Rated A-
  • Sandy Beach
  • Bluff on Lot

About This Home

As of June 2017

Welcome to this unique modern farmhouse with gorgeous water views. The home was built in 2015 on top of a bluff overlooking East Grand Traverse Bay. Keep your boat in the water and all your toys in the beach house at the subdivision’s 190’ of water frontage. This 2860 sf energy efficient home features an open floorplan with hard floors throughout, plenty of natural light, 4 bedrooms, 2 ½ baths. The kitchen is ideal for hosting with the 11’ concrete countertop island and stainless Kitchenaid appliances. The main floor also features a mud room, laundry, home management area, office, master bedroom and bath with a walk in closet. The basement adds an additional 1200 sf, another bedroom, full bath, and has been finished to the point of drywall and primer so if you choose to finish it, the messy part is already over! Enjoy the completed landscaping and deck all summer. There are too many upgrades to discuss in the space permitted! Words and pictures can’t explain the quality or the views.

Last Agent to Sell the Property

Jeffry Kermath

KERMATH REALTY LLC Listed on: 03/17/2017

Last Buyer's Agent

Erica Mohr

REO-TCRandolph-233022 License #6501388991

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,658

Year Built

  • Built in 2015

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 123x219
  • 190 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Landscaped
  • Lot Has A Rolling Slope
  • Sprinkler System
  • Garden
  • The community has rules related to zoning restrictions

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Insulated Concrete Forms
  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 4,060 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Loft
  • Sustainable Flooring
  • Bay Views

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Freezer
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Low Flow Toliet

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows
  • Basement Window Egress

Parking

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

Eco-Friendly Details

  • Green Features
  • Energy-Efficient Windows with Low Emissivity
  • Home Performance with ENERGY STAR
  • ENERGY STAR Qualified Equipment for Heating
  • No or Low VOC Paint or Finish

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Schools

  • Traverse City High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Humidifier
  • Programmable Thermostat
  • Well
  • Tankless Water Heater
  • Propane Water Heater
  • Water Heated On Demand
  • Water Softener is Owned
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • Association fees include snow removal
  • The Cove Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,658

Year Built

Built in 2015

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 2015
  • Construction: 2x6 Framing, Frame
  • Principal Residence: Yes
  • Private Shared: Shared
  • Section Number: 12
  • Univs Design Barrier Free: Low Threshold Shower
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2015

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Freezer, Ceiling Fan, Propane Water Heater, On Demand Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Pantry, Loft, Solid Surface Counters, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Vaulted Ceilings, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 11x14, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 13x15, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 11x12, On Level: Upper Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 11x13, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 11x14, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 17x15, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 13x20, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2860
  • Estimated Below Grade Finished Sq Ft: 1200
  • Estimated Below Grade Unfinished Sq Ft: 700
  • Price Per Sq Ft: 156.4
  • Range: R 13E
  • Total Finished Sf Apx: 4060

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Sprinkler System, Deck, Patio, Covered Porch, Landscaped, Garden Area
  • Exterior Finish: Cement Board
  • Foundation: Full, Walkout, Daylight Windows, Entrance Outside, Insulated Concrete Panels, Egress Windows, Plumbed for Bath
  • Lake Size: uber
  • Number Of Acres: 0.62
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Water View, Sandy Bottom, Bluff (greater than 10ft), Public Lake
  • Waterfront Frontage: 190

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Stove, Wood
  • Heating Cooling Types: Forced Air, Central Air, Humidifier, Zoned/Dual
  • Laundry: Dimensions: 14x13, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Antenna, Cable TV, Cable Internet, Dish TV
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Annual Association Fees: 250

Association/Amenities

  • Development Amenities: Common Area, Community Dock, Lake Privileges
  • Development Name: The Cove

Schools

  • School District: Traverse City Area Public Schools
  • High School: Traverse City High School

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Rolling
  • Lot Dimensions: 123x219
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential

Green Features

  • Eco Features: Yes
  • Energy Efficient: Energy Star Appliances, Energy Efficient Windows, Low-e Windows, Chemical Free Insulation
  • Renewable: Energy Star Rated A/C, Energy Star Rated Furnace, Low or No VOC Finishes, Programmable Thermostat, Sustainable Flooring, Tankless Water Heater

Tax Info

  • Summer Taxes: 6607
  • Taxable Value: 352100
  • Total Taxes: 9658
  • Winter Taxes: 3051
  • Year Summer: 2016
  • Year Winter: 2016

Multi Family

  • Water Conservation: Low Flow Toilets

MLS Schools

  • HighSchool: Traverse City High School
  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Jun 20, 2017
Sold by
Walter Reb Joel
Bought by
Hague David A and Hague Elizabeth J
Seller's Agent
Jeffry Kermath
KERMATH REALTY LLC
Buyer's Agent
Erica Mohr
REO-TCRandolph-233022
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%
Current Estimated Value
$2,585,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,950,407
Avg. Annual Appreciation
18.42%

Purchase Details

Listed on
Oct 1, 2012
Closed on
Oct 18, 2013
Seller's Agent
Dave Hauser
REO-TCRandolph-233022
Buyer's Agent
Beth Burrelsman
Keller Williams Northern Michi
List Price
$110,000
Sold Price
$100,000
Premium/Discount to List
-$10,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.48%

Purchase Details

Closed on
Jan 30, 2004

Purchase Details

Closed on
Jan 26, 2004
Source: Public Records

Range of Values:

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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
Hague David A $635,000 --
-- $100,000 --
-- $100,000 --
-- $58,400 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2017 06/20/17 Sold $635,000 -2.2% $156 / Sq Ft
05/21/2017 05/21/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $649,000 +549.0% $160 / Sq Ft
10/21/2013 10/21/13 Sold $100,000 -9.1% $25 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $110,000 -- $27 / 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 $11,734 $962,100 $0 $0
2024 $7,719 $833,400 $0 $0
2023 $7,386 $419,200 $0 $0
2022 $10,573 $555,800 $0 $0
2021 $9,868 $419,200 $0 $0
2020 $9,769 $423,000 $0 $0
2019 $9,820 $401,200 $0 $0
2018 $13,148 $349,700 $0 $0
2017 -- $348,100 $0 $0
2016 -- $352,100 $0 $0
2014 -- $47,500 $0 $0
2012 -- $49,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1829036

Northern Great Lakes REALTORS® MLS

APN: 11-473-003-00