NOT LISTED FOR SALE

Estimated Value: $307,762 - $428,000

-- Bed
-- Bath
2,000 Sq Ft
$196/Sq Ft Est. Value

Last Sold August 04, 2016

Last sale price $115,000 $58 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $2,467/month

250 Days on Market

Highlights

  • Contemporary Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Central High School Rated A-
  • Paneling
  • Ceiling Fan

About This Home

As of August 2016

In town fixer-upper, or tear down, being sold as-is. Good location to all of Traverse City. Property is zoned R-9 for multiple dwellings. Upstairs unit would be easy to finish off, then live there while working on lower unit. Value is in the property. 5 bedrooms/ 2 baths. 2000 sq ft. Alley access away from 14th ST. Property is 75 x 165. Owner will entertain a land contract.

Last Agent to Sell the Property

Jim Sauro

Coldwell Banker Schmidt Traver License #6501227112 Listed on: 09/29/2015

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Jim Sauro

Coldwell Banker Schmidt Traver License #6501227112 Listed on: 09/29/2015

Coldwell Banker Schmidt Traver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,012

Year Built

  • Built in 1886

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 75 x 165
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Contemporary Architecture
  • Fixer Upper
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Ceiling Fan
  • Michigan Basement
  • Oven or Range

Outdoor Features

  • Covered Patio or Porch

Schools

  • Central Grade Elementary School
  • Traverse City West Middle School
  • Traverse City West Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 2 Units
  • Hannah Lay &Co's Fernwood Sub Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,012

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 1886
  • Construction: Frame
  • Section Number: 1
  • Year Updated: 1980
  • Year Renovated: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1886

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Ceiling Fan
  • Interior Amenities: Drywall, Paneling, Fixer-Upper
  • Price Per Sq Ft: 57.5
  • Range: R 11W
  • Total Finished Sf Apx: 2000

Exterior Features

  • Exterior Features: Sidewalk, Patio, Covered Porch
  • Exterior Finish: Press Board Siding
  • Foundation: Michigan Basement, Block, Entrance Inside
  • Number Of Acres: 0.28
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt, Metal

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Wall, Floor

Association/Amenities

  • Development Name: HANNAH LAY &CO'S FERNWOOD SUB

Schools

  • School District: Traverse City Area Public Schools
  • Elementary School: Central Grade School
  • Middle School: Traverse City West Middle School
  • High School: Traverse City West Senior High School

Lot Info

  • Lot Dimensions: 75 X 165
  • Zoning Use Restrictions: Residential, Multi-Family

Multi Family

  • Total Number Units: 2

MLS Schools

  • Elementary School: Central Grade School
  • HighSchool: Traverse City West Senior High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City West Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2017
Sold by
Fox Remodeling Llc
Bought by
Wyzgowski Art
Current Estimated Value
$391,441

Purchase Details

Listed on
Sep 29, 2015
Closed on
Aug 4, 2016
Seller's Agent
Jim Sauro
Coldwell Banker Schmidt Traver
Buyer's Agent
Jim Sauro
Coldwell Banker Schmidt Traver
List Price
$152,900
Sold Price
$115,000
Premium/Discount to List
-$37,900
-24.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.57%

Purchase Details

Closed on
Jan 17, 2012

Purchase Details

Closed on
Apr 26, 2010

Purchase Details

Closed on
Nov 21, 1997
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Wyzgowski Art $119,000 --
-- $119,000 --
-- -- --
-- -- --
-- $60,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2016 08/04/16 Sold $115,000 -24.8% $58 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
09/29/2015 09/29/15 For Sale $152,900 -- $76 / 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 $4,012 $145,200 $0 $0
2024 $3,707 $112,700 $0 $0
2023 $3,477 $67,200 $0 $0
2022 $3,588 $70,500 $0 $0
2021 $3,502 $67,200 $0 $0
2020 $3,464 $64,100 $0 $0
2019 $3,045 $54,400 $0 $0
2018 $3,056 $54,500 $0 $0
2017 -- $53,100 $0 $0
2016 -- $71,700 $0 $0
2014 -- $89,000 $0 $0
2012 -- $69,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1806987

Northern Great Lakes REALTORS® MLS

APN: 51-686-001-00