NOT LISTED FOR SALE

2048 North Ave Traverse City, MI 49696

Estimated Value: $1,010,000 - $1,602,000

5 Beds
3.5 Baths
5,400 Sq Ft
$233/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $745,000 $138 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $7,688/month

191 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Private Dock
  • Central High School Rated A-
  • Deeded Waterfront Access Rights
  • Guest House

About This Home

As of January 2021

This picturesque property on Arbutus Lake is the perfect getaway with 127 feet of private sandy frontage! The custom home's main floor boasts a grand living area with lake views and vaulted maple trimmed ceilings. Gourmet kitchen with Viking and Miele appliance, including a steam oven. Two fireplaces and radiant floor heating provides the cozy ambiance for staying home. The private master bedroom hosts a large walk-in closet and a private bathroom. Large, open upper level can be used for two additional bedrooms or converted into one large living area, open for your imagination! Attached cottage is the perfect guest house. Complete with its own fireplace, bedroom, bath, kitchen and screened in porch overlooking the lake. Walkout basement with it’s own private deck makes the perfect getaway. All furniture is available, making this an even more desirable opportunity. Finding beautiful lake front homes has become increasingly difficult, this is truly a extraordinary opportunity. Schedule your appointment today.

Last Agent to Sell the Property

Pamela Klumpp

Coldwell Banker Schmidt Traver License #6501408279 Listed on: 07/22/2020

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Lisa Rossi

The Leelanau Group Real Estate License #6502432228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,002

Year Built

  • Built in 2004

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 160x143x125x157
  • Private Waterfront
  • 127 Feet of Waterfront
  • Sandy Beach
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 5,400 Sq Ft Home
  • Bookcases
  • Vaulted Ceiling
  • Gas Fireplace
  • Mud Room
  • Great Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Radiant Floor
  • Water Views
  • Intercom

Kitchen

  • Oven or Range
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Boathouse
  • Private Dock
  • Lake Privileges
  • Tiered Deck
  • Shed

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

Overview

  • Fairview Point Resort Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,002

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Quad, Contemporary, In-Law Suite or Apartment
  • Estimated Year Built: 2004
  • Construction: Timber Frame
  • Private Shared: Private
  • Section Number: 16
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Intercom/Radio, Cook Top, Exhaust Fan, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Intercom, Vaulted Ceilings
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 18'2x18, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 15x15, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14'4x10, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 13x12, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 18x12'10, On Level: Main Floor, Flooring: Tile
  • Family Room: Dimensions: 30x17'8, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 13'10x12'10, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 22x14'2, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 4800
  • Estimated Below Grade Finished Sq Ft: 600
  • Estimated Below Grade Unfinished Sq Ft: 600
  • Price Per Sq Ft: 137.96
  • Range: R 10W
  • Total Finished Sf Apx: 5400

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Boat House, Guest House
  • Body Of Water: Arbutus Lake
  • Exterior Features: Sprinkler System, Deck, Multi-Level Decking, Screened Porch
  • Exterior Finish: Wood
  • Foundation: Walkout, Poured Concrete, Entrance Outside, Finished Rooms, Egress Windows
  • Number Of Acres: 0.49
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water
  • Waterfront Frontage: 127

Garage/Parking

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

Utilities

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

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Fairview Point Resort

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: 160x143x125x157
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 5,921.20
  • Winter Taxes: 2,279.13

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2012
Current Estimated Value
$1,260,200

Purchase Details

Closed on
Jan 17, 2011

Purchase Details

Closed on
Nov 30, 2010

Purchase Details

Closed on
Nov 3, 2010

Purchase Details

Closed on
May 29, 2003

Purchase Details

Closed on
Feb 21, 2002
Source: Public Records

Range of Values:

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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
-- -- --
-- $489,000 --
-- -- --
-- $450,500 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $745,000 -6.9% $138 / Sq Ft
10/06/2020 10/06/20 Price Changed $799,900 -8.6% $148 / Sq Ft
09/01/2020 09/01/20 Price Changed $875,000 -11.2% $162 / Sq Ft
08/07/2020 08/07/20 Price Changed $985,000 -3.9% $182 / Sq Ft
07/27/2020 07/27/20 Price Changed $1,025,000 -12.8% $190 / Sq Ft
07/22/2020 07/22/20 For Sale $1,175,000 -- $218 / 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 $12,002 $696,500 $0 $0
2024 $8,078 $625,900 $0 $0
2023 $7,730 $410,700 $0 $0
2022 $10,762 $404,000 $0 $0
2021 $7,503 $410,700 $0 $0
2020 $7,370 $415,800 $0 $0
2019 $7,406 $382,200 $0 $0
2018 $7,229 $325,100 $0 $0
2017 -- $318,300 $0 $0
2016 -- $301,500 $0 $0
2014 -- $268,100 $0 $0
2012 -- $253,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1877579

Northern Great Lakes REALTORS® MLS

APN: 03-410-028-00