NOT LISTED FOR SALE

1611 Shannie Ln Unit 2-8 Traverse City, MI 49696

6 Beds
4 Baths
980 Sq Ft
3.41 Acres

Last Sold September 06, 2019

Last sale price $600,000 $612 Per Sq Ft

6 Days on Market

Highlights

  • 3.41 Acre Lot
  • Countryside Views
  • Forced Air Heating and Cooling System
  • Courtade Elementary School Rated A-
  • Walk-In Closet
  • Patio

About This Home

As of September 2019

7 outstanding rental or living units that are condominiumized and can be sold individually! Presently, each unit is rented. 4 well designed "townhome" plans with 2 bedrooms,1.5 baths and full basements. 2 ranch-style 1 bedroom units and 1- 2 bedroom ranch style unit.Very close to Traverse City, Cherry Capital Airport, Cherry Knoll Elementary, East Middle School, Grand Traverse Academy & Woodland Charter Schools. Close to VASA trails and inland lakes galore! Unique investment based on the abillity to sell each unit individually if owner chooses. Priced as a value @ less than $86,000. per unit! Must be purchased as a 7 unit package. Additional room for carports, garages, or a pole building!.Rent presently for all units is $6200/mth but a few are below market rate and one unit has reduced rent in exchange for "light" property mgt. duties.

Last Agent to Sell the Property

Jason Elsenheimer

Coldwell Banker Schmidt Traver License #6502132541 Listed on: 07/30/2019

Last Buyer's Agent

James Schmuckal

James A Schmuckal, REALTOR License #6504075391

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 3.41 Acre Lot
  • Lot Dimensions are 270x353
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • 980 Sq Ft Home
  • 2-Story Property
  • Countryside Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Schools

  • Westwoods Elementary School
  • Traverse City East Middle School
  • Traverse City High School

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows
  • Patio

Community Details

Overview

  • 7 Units
  • Shannie Community

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Condominium
  • Style: 2 Story, Townhouse
  • Estimated Year Built: 2003
  • Construction: Frame
  • Section Number: 6
  • Year Updated: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, All Units The Same
  • Interior Amenities: Walk-In Closets, Laundry Hook-Up, Island Kitchen, Pantry, Drywall
  • Price Per Sq Ft: 612.24
  • Range: R 13E
  • Total Finished Sf Apx: 980

Exterior Features

  • Exterior Features: Countryside View, Patio
  • Exterior Finish: Vinyl Siding
  • Foundation: Full, Crawl Space, Block
  • Number Of Acres: 3.41
  • Road: Association, Privately Owned, Privately Maintained, Blacktop
  • Roof: Asphalt

Utilities

  • Sewer: Development Septic, Private Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Shared Well
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Amenities: Pets Allowed, Trails
  • Development Name: Shannie

Schools

  • School District: Traverse City Area Public Schools
  • Elementary School: Westwoods Elementary School
  • Middle School: Traverse City East Middle School
  • High School: Traverse City High School

Green Features

  • Energy Efficient: Energy Efficient Windows

Lot Info

  • Lot Number: 7&8
  • Lot Dimensions: 270x353
  • Zoning Use Restrictions: Multi-Family

Tax Info

  • Taxable Value: 46899

Multi Family

  • Total Number Units: 7

MLS Schools

  • Elementary School: Westwoods Elementary School
  • HighSchool: Traverse City High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City East Middle School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $600,000 0.0% $612 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $599,900 -- $612 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1865142

Northern Great Lakes REALTORS® MLS