Seller's Agent in 2016
Ken Weaver
Berkshire Hathaway Homeservices - TC
(231) 668-6303
52 in this area
103 Total Sales
2204 Gibbs Rd Traverse City, MI 49696
Estimated Value: $538,300 - $621,000
3
Beds
2
Baths
1,368
Sq Ft
$431/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Deeded Waterfront Access Rights
- Sandy Beach
- Central High School Rated A-
- Guest House
- Tiered Deck
About This Home
As of August 2016Arbutus Lake is right out your front door with this sharp 3 BR home. Nice firm private frontage and amazing lake views. Plenty of room to enjoy the outdoors from the large 3 seasons porch, patios and lakefront deck. The home features an open floor plan, fireplace, main floor laundry and great Northwoods charm. There is a finished oversized garage with kitchenette and bath. Arbutus Lake is an all sports lake located just minutes from downtown Traverse City. This home also has vacation rental history.
Last Agent to Sell the Property
Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 05/28/2016
Last Buyer's Agent
Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 05/28/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,839
Year Built
- Built in 1968
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 92 x 202
- Private Waterfront
- 92 Feet of Waterfront
- Sandy Beach
- Wooded Lot
- Garden
- The community has rules related to zoning restrictions
Parking
- 3 Car Detached Garage
Home Design
- Ranch Style House
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,368 Sq Ft Home
- Wood Burning Fireplace
- Great Room
- Screened Porch
- Oven or Range
Bedrooms and Bathrooms
- 3 Bedrooms
Outdoor Features
- Deeded Waterfront Access Rights
- Tiered Deck
- Patio
Additional Homes
- Guest House
Utilities
- Forced Air Heating and Cooling System
- Well
- Cable TV Available
Community Details
Overview
- Arbutus Lake Community
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2016
Closed on
Aug 1, 2016
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$320,000
Sold Price
$295,000
Premium/Discount to List
-$25,000
-7.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,575
Avg. Annual Appreciation
8.40%
Purchase Details
Closed on
May 5, 1994
Purchase Details
Closed on
Oct 31, 1983
Purchase Details
Closed on
Aug 30, 1979
Purchase Details
Closed on
Jul 27, 1968
Purchase Details
Closed on
Oct 26, 1963
Purchase Details
Closed on
Mar 29, 1953
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $295,000 | -- | |
| -- | -- | -- | |
| -- | -- | -- | |
| -- | -- | -- | |
| -- | $6,000 | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2016 08/01/16 | Sold | $295,000 | -7.8% | $216 / Sq Ft |
| 07/31/2016 07/31/16 | Pending | -- | -- | -- |
| 05/28/2016 05/28/16 | For Sale | $320,000 | -- | $234 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $5,839 | $225,400 | $0 | $0 |
| 2024 | $4,695 | $202,100 | $0 | $0 |
| 2023 | $4,482 | $143,600 | $0 | $0 |
| 2022 | $5,260 | $130,400 | $0 | $0 |
| 2021 | $5,083 | $143,600 | $0 | $0 |
| 2020 | $5,002 | $129,700 | $0 | $0 |
| 2019 | $4,978 | $120,600 | $0 | $0 |
| 2018 | $4,860 | $108,000 | $0 | $0 |
| 2017 | -- | $105,600 | $0 | $0 |
| 2016 | -- | $99,800 | $0 | $0 |
| 2014 | -- | $91,400 | $0 | $0 |
| 2012 | -- | $88,210 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Weaver
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1817466
APN: 03-410-001-50
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.
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.
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