NOT LISTED FOR SALE

18925 Cedar Run Rd Traverse City, MI 49684

Estimated Value: $423,000 - $475,190

4 Beds
3 Baths
2,436 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 21, 2019

Last sale price $190,000 $78 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,690/month

10 Days on Market

Highlights

  • Barn
  • Deck
  • Cathedral Ceiling
  • Countryside Views
  • Wooded Lot
  • Loft

About This Home

As of May 2019

Great log home! Bank owned foreclosure. Wonderful opportunity for the investor or individual looking for a project. Tons of potential and upside in this 4 bedroom 3 bath log home with 4 acres and Barn. Make sure you set an appointment to view this fantastic opportunity before someone else snatches it up!

Last Agent to Sell the Property

Dewayne Kirkman

REO-TCRandolph-233022 License #6506042472 Listed on: 04/19/2019

REO-TCRandolph-233022

Last Buyer's Agent

Dewayne Kirkman

REO-TCRandolph-233022 License #6506042472 Listed on: 04/19/2019

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,487

Year Built

  • Built in 1992

Lot Details

  • 3.77 Acre Lot
  • Lot Dimensions are 407 x 466 x 300 x 476
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Log Cabin
  • Wood Foundation
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 2,436 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Loft
  • Countryside Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Additional Features

  • Deck
  • Barn

Community Details

  • Meets & Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,487

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Log Home
  • Estimated Year Built: 1992
  • Construction: Full Log
  • Section Number: 10
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1992

Interior Features

  • Interior Amenities: Skylights, Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Loft, Mud Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 16.9x15.6, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13.1x13, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13.3x12.9, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 13.4x11.8, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 14.1x9.4, On Level: Main Floor, Flooring: Tile
  • Family Room: Dimensions: 20.9x13.1, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 23.5x9.3, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 17.1x14, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1440
  • Estimated Below Grade Finished Sq Ft: 996
  • Price Per Sq Ft: 78
  • Range: R 13W
  • Total Finished Sf Apx: 2436

Exterior Features

  • Additional Buildings: Barn(s)
  • Exterior Features: Deck, Countryside View
  • Exterior Finish: Full Log
  • Foundation: Wood, Daylight Windows, Finished Rooms, Full Finished
  • Number Of Acres: 3.77
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Meets & Bounds

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Land Features: Wooded-Hardwoods, Cleared, Evergreens, Level
  • Lot Dimensions: 407 X 466 X 300 X 476
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Franklin Lori L
Bought by
Terzeman Natalya
Current Estimated Value
$440,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Outstanding Balance
$105,029
Interest Rate
3.3%
Mortgage Type
Construction
Estimated Equity
$313,909

Purchase Details

Listed on
Apr 19, 2019
Closed on
May 14, 2019
Sold by
Huntington Natl Bk
Bought by
Terzeman Natalya
Seller's Agent
Dewayne Kirkman
REO-TCRandolph-233022
Buyer's Agent
Dewayne Kirkman
REO-TCRandolph-233022
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.46%

Purchase Details

Closed on
Aug 27, 1999
Sold by
Gabbert Richard W
Bought by
Huntington National Bank
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Terzeman Natalya $120,000 --
Terzeman Natalya $190,000 Attorney Only
Huntington National Bank $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terzeman Natalya $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2019 05/21/19 Sold $190,000 -5.0% $78 / Sq Ft
04/19/2019 04/19/19 For Sale $199,900 -- $82 / 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 $3,487 $205,700 $0 $0
2024 $1,375 $189,800 $0 $0
2023 $1,315 $172,300 $0 $0
2022 -- $149,300 $0 $0
2021 -- $141,300 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dewayne Kirkman

    Seller's Agent in 2019

    Dewayne Kirkman

    Real Estate One

    (231) 392-6534

    97 Total Sales

    Dewayne Kirkman
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1859643

Northern Great Lakes REALTORS® MLS

APN: 01-010-001-00

Michigan Benzie County Traverse City 49684

18925 Cedar Run Rd, Traverse City, MI

This home is located at 18925 Cedar Run Rd, Traverse City, MI 49684 since 19 April 2019 and is currently estimated at $440,397, approximately $180 per square foot. This property was built in 1992. 18925 Cedar Run Rd is a home located in Benzie County with nearby schools including Benzie Central Senior High School.

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.

Nearby Homes