NOT LISTED FOR SALE

1560 Cedar Dr Traverse City, MI 49685

Estimated Value: $534,000 - $709,446

3 Beds
2.5 Baths
2,619 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $249,000 $95 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,689/month

74 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Tiered Deck
  • 108 Feet of Waterfront
  • Lake Privileges
  • Contemporary Architecture

About This Home

As of September 2016

For up north ambiance close to town, this well-maintained home offers shared access on Long Lake, a premier all-sports lake, and a wonderfully wooded lot nestled in beautiful Long Lake Peninsula. This recently remodeled home has an updated kitchen with granite counter tops, hickory cabinets, and stainless steel appliances. Highlights include hardwood floors, a stone fireplace in the dining/kitchen area, a den/office, main level laundry, a screen porch to enjoy the seasons, a deck for outdoor entertaining, a finished basement with a family/media room and workshop, a nicely landscaped yard with a perennial garden and pond, and updated bathrooms. The pride of ownership shows in all the details this home offers. Enjoy the shared lake access with a boat launch, dock, and swimming raft just minutes from your front door, meet your neighbors at the community ballpark and playground, or enjoy a peaceful walk or bike ride through the peninsula while enjoying the outdoors. This must-see home is in a quiet and quaint neighborhood surrounded by beautiful trees.

Last Agent to Sell the Property

Maureen Penfold

REMAX Bayshore - Union St TC License #6501239126 Listed on: 05/17/2016

REMAX Bayshore - Union St TC

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,908

Year Built

  • Built in 1989

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 100x121x120x180
  • 108 Feet of Waterfront
  • Sandy Beach
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Foundation
  • Frame Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,619 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Bay Window
  • Entrance Foyer
  • Screened Porch
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Waterfront Park
  • Lake Privileges
  • Tiered Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Peninsula Estates Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,908

Year Built

Built in 1989

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 1989
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 27
  • Year Updated: 2009
  • Year Renovated: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1989

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Blinds, Ceiling Fan
  • Interior Amenities: Bay Window(s), Foyer Entrance, Pantry, Granite Kitchen Tops, Island Kitchen
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14.09x14.00, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14.09x14.00, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12.02x11.04, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 20.10xCombo, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 18.00x15.00, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 13.04xCombo, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 17.07x13.01, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1750
  • Estimated Below Grade Finished Sq Ft: 869
  • Estimated Below Grade Unfinished Sq Ft: 69
  • Price Per Sq Ft: 95.07
  • Range: R 12W
  • Total Finished Sf Apx: 2619

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Long Lake
  • Exterior Features: Multi-Level Decking, Patio, Sidewalk, Fenced Yard, Landscaped, Screened Porch
  • Exterior Finish: Stone, Vinyl
  • Foundation: Finished Rooms, Partial, Wood
  • Number Of Acres: 0.36
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt
  • Water Features: All Sports, Sandy Bottom
  • Waterfront Frontage: 108

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 250

Association/Amenities

  • Development Amenities: Common Area, Community Dock, Lake Privileges, Water Front Park
  • Development Name: Peninsula Estates

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 13
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Level
  • Lot Dimensions: 100x121x120x180
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2018
Sold by
David Bidwell and David Marla
Bought by
Kennedy Family Trust and Kennedy Robert
Current Estimated Value
$613,362

Purchase Details

Listed on
May 17, 2016
Closed on
Oct 7, 2016
Seller's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$269,000
Sold Price
$249,000
Premium/Discount to List
-$20,000
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%

Purchase Details

Listed on
May 17, 2016
Closed on
Sep 19, 2016
Seller's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$269,000
Sold Price
$249,000
Premium/Discount to List
-$20,000
-7.43%
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
Kennedy Family Trust -- --
-- -- --
-- $249,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold $249,000 -7.4% $95 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $269,000 -- $103 / 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 $3,908 $252,600 $0 $0
2024 $2,772 $253,500 $0 $0
2023 $2,652 $169,700 $0 $0
2022 $3,531 $174,000 $0 $0
2021 $3,441 $169,700 $0 $0
2020 $3,416 $133,400 $0 $0
2019 $3,178 $128,600 $0 $0
2018 $3,095 $126,500 $0 $0
2017 -- $123,300 $0 $0
2016 -- $96,200 $0 $0
2014 -- $86,900 $0 $0
2012 -- $87,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1816498

Northern Great Lakes REALTORS® MLS

APN: 08-185-013-00