NOT LISTED FOR SALE

1902 North Ave Traverse City, MI 49686

Estimated Value: $1,115,000 - $2,468,500

3 Beds
4 Baths
5,074 Sq Ft
$353/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $900,000 $177 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $11,326/month

527 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Central High School Rated A-
  • Private Dock
  • 1.05 Acre Lot

About This Home

As of June 2015

Excellent opportunity to acquire over 250' of Sandy frontage on all-sports Arbutus Lake. Enjoy gorgeous sunsets over the lake from this beautiful, high quality custom home. Privately situated at the end of the peninsula, this 5,000 square foot home has everything to make lake living perfect. Features include A gourmet kitchen with a beautiful walk-in pantry, Multiple fireplaces (including one on the 14x20 Screened in porch), Cathedral ceilings in living room area with 9' ceilings throughout, Multi level decking, an oversized rec/family room in the lower level and an outdoor shower for rinsing off after a day on the lake. Many additional features this is a must see property!

Last Agent to Sell the Property

Molly Buttleman

@properties Christie's Int'l License #6501374903 Listed on: 10/22/2013

Last Buyer's Agent

Molly Buttleman

@properties Christie's Int'l License #6501374903 Listed on: 10/22/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,149

Year Built

  • Built in 2005

Lot Details

  • 1.05 Acre Lot
  • Private Waterfront
  • 252 Feet of Waterfront
  • Sandy Beach
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Craftsman Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 5,074 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Game Room
  • Screened Porch
  • Water Views
  • Home Security System
  • Dryer

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Private Dock
  • Balcony
  • Tiered Deck
  • Rain Gutters

Schools

  • Traverse City East Middle School
  • Central High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Satellite Dish

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,149

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Craftsman, 1 Story
  • Estimated Year Built: 2005
  • Construction: Block, Frame
  • Private Shared: Private
  • Section Number: 16
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Microwave, Dryer, Security System, Freezer, Wall Oven, Cook Top, Exhaust Fan, Blinds, Ceiling Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Great Room, Game Room, Beamed Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: comboxcombo, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: On Level: Lower Floor, Flooring: Carpet
  • Bedroom 3: On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Dining Room: On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: comboxcombo, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: comboxcombo, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2768
  • Estimated Below Grade Finished Sq Ft: 2306
  • Estimated Below Grade Unfinished Sq Ft: 246
  • Price Per Sq Ft: 177.37
  • Range: R 10W
  • Total Finished Sf Apx: 5074

Exterior Features

  • Body Of Water: Arbutus Lake
  • Exterior Features: Sprinkler System, Balcony, Deck, Multi-Level Decking, Screened Porch, Gutters
  • Exterior Finish: Wood
  • Foundation: Walkout, Poured Concrete, Finished Rooms, Full Finished
  • Number Of Acres: 1.05
  • Road: Gravel, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Private Dock, Sandy Bottom, Private Lake
  • Waterfront Frontage: 252

Garage/Parking

  • Driveway: Stone, Private
  • Garage Capacity: 3
  • Primary Garage: Detached, Door Opener, Finished Rooms

Utilities

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

Schools

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

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Evergreens, Sloping
  • Lot Dimensions: 246'Fx100x162x75x227
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2013
Closed on
Jun 3, 2015
Seller's Agent
Molly Buttleman
@properties Christie's Int'l
Buyer's Agent
Molly Buttleman
@properties Christie's Int'l
List Price
$1,280,000
Sold Price
$900,000
Premium/Discount to List
-$380,000
-29.69%
Current Estimated Value
$1,791,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$891,750
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Feb 19, 2013

Purchase Details

Closed on
Nov 10, 2000
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
-- $900,000 --
-- -- --
-- $200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2015 06/05/15 Sold $900,000 -29.7% $177 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
10/22/2013 10/22/13 For Sale $1,280,000 -- $252 / 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 $23,149 $1,034,300 $0 $0
2024 $18,612 $925,900 $0 $0
2023 $17,767 $632,300 $0 $0
2022 $20,854 $596,800 $0 $0
2021 $20,152 $632,300 $0 $0
2020 $19,828 $562,800 $0 $0
2019 $19,736 $519,500 $0 $0
2018 $19,267 $441,400 $0 $0
2017 -- $435,900 $0 $0
2016 -- $414,900 $0 $0
2014 -- $341,900 $0 $0
2012 -- $325,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1777618

Northern Great Lakes REALTORS® MLS

APN: 03-109-020-15