NOT LISTED FOR SALE

Estimated Value: $1,940,282 - $1,976,000

12 Beds
10.5 Baths
12,000 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2013

Last sale price $1,795,000 $150 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $11,303 / mo

413 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Central High School Rated A-
  • Guest House
  • Barn

About This Home

As of September 2013

Grand Traverse Bay home, boasting over 12,000 sq. ft. of living space, 34 rooms, 3 levels. Spectacular views, Brazilian Cherry planks stretch across floors into intricate mill work. European style radiant infloor heat, 12 bedrooms, 10.5 baths, superior joiner work handcrafted on site during construction. Magnificant gardens fragrance the pathways toward the Bay frontage. 18 acres with 3 level barn that adjoins 500 acres of park land.

Last Agent to Sell the Property

Ken Schmidt

Coldwell Banker Schmidt Traverse City License #6502112511 Listed on: 06/28/2012

Coldwell Banker Schmidt Traverse City

Last Buyer's Agent

Jack Lane

REO-TCFront-233021

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 18 Acre Lot
  • Private Waterfront
  • 600 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Home Design

  • Victorian Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 12,000 Sq Ft Home
  • Bookcases
  • Gas Fireplace
  • Bay Window
  • Mud Room
  • Entrance Foyer

Kitchen

  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Walk-In Closet

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Home Security

  • Home Security System
  • Intercom

Parking

  • 3 Car Garage
  • Heated Garage

Outdoor Features

  • Deeded Waterfront Access Rights
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Water Filtration System
  • Well
  • Water Softener is Owned
  • Cable TV Available

Additional Features

  • Guest House
  • Barn

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

18 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Victorian
  • Estimated Year Built: 1994
  • Construction: 2x6 Framing, Timber Frame
  • Private Shared: Private
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Year Built: 1994
  • Year Renovated: 1994

Interior Features

  • Appliances Equipment: Disposal, Water Softener Owned, Water Filtration System, Intercom/Radio, Security System
  • Interior Amenities: Built-In Bookcase, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Pantry, Granite Kitchen Tops, Island Kitchen, Mud Room
  • Bedrooms: 12
  • Bedroom 1: Dimensions: 29x24, On Level: Upper Floor, Flooring: None
  • Bedroom 2: Dimensions: 27x15, On Level: Upper Floor, Flooring: None
  • Bedroom 3: Dimensions: 30x16, On Level: Upper Floor, Flooring: None
  • Bedroom 4: Dimensions: 25x15, On Level: Upper Floor, Flooring: None
  • Total Bathrooms: 10.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 10
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 21x24, On Level: Main Floor, Flooring: None
  • Family Room: Dimensions: 47x23, On Level: Lower Floor, Flooring: None
  • Kitchen: Dimensions: 32x25, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 24x33, On Level: Main Floor, Flooring: None
  • Range: R 10W
  • Total Finished Sf Apx: 12000

Exterior Features

  • Additional Buildings: Barn(s), Guest House
  • Body Of Water: West Bay
  • Exterior Features: Bay View, Sprinkler System, Balcony, Deck, Patio, Sidewalk, Countryside View, Covered Porch
  • Exterior Finish: Wood
  • Foundation: Full, Daylight Windows, Entrance Outside, Finished Rooms
  • Number Of Acres: 18
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Sandy Bottom, Gradual Slope to Water, Bluff (less than 10ft), Sandy Shoreline
  • Waterfront Frontage: 600

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Paved Driveway, Heated

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Zoned/Dual
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: 18 acres
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Agricultural, Horses Allowed, Outbuildings Allowed

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2012
Closed on
Aug 30, 2013
Seller's Agent
Ken Schmidt
Coldwell Banker Schmidt Traverse City
Buyer's Agent
Jack Lane
REO-TCFront-233021
List Price
$2,650,000
Sold Price
$1,795,000
Premium/Discount to List
-$855,000
-32.26%
Current Estimated Value
$1,958,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,141
Avg. Annual Appreciation
0.69%

Purchase Details

Closed on
Apr 6, 2011
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $1,795,000 --
-- $1,053,600 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2013 09/03/13 Sold $1,795,000 -32.3% $150 / Sq Ft
08/15/2013 08/15/13 Pending -- -- --
06/28/2012 06/28/12 For Sale $2,650,000 -- $221 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $10,197 $969,400 $0 $0
2024 $6,708 $739,200 $0 $0
2023 $6,418 $399,000 $0 $0
2022 $9,188 $465,800 $0 $0
2021 $8,576 $399,000 $0 $0
2020 $8,489 $382,100 $0 $0
2019 $8,534 $386,300 $0 $0
2018 $11,227 $381,300 $0 $0
2017 -- $361,500 $0 $0
2016 -- $319,700 $0 $0
2014 -- $298,400 $0 $0
2012 -- $358,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1737447

Northern Great Lakes REALTORS® MLS

APN: 11-227-001-51

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