NOT LISTED FOR SALE

2480 E Traverse Hwy Traverse City, MI 49684

Estimated Value: $553,000 - $671,000

4 Beds
3.5 Baths
2,050 Sq Ft
$302/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $333,000 $162 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,574/month

Highlights

  • 22 Acre Lot
  • Countryside Views
  • Wooded Lot
  • Cape Cod Architecture
  • Tiered Deck
  • Pole Barn

About This Home

As of November 2017

Enjoy 20 acres of pure Leelanau and a beautifully cared for 4 bedroom, 3.5 bath home. Included is a 30 X 60 pole barn with 5 horse stalls on one end and 10 ft. high sliding doors on each end of the building. Stainless appliances, newly renovated bathrooms, new floor coverings and wired for surround sound and for streaming. The walkout lower level features a lovely bedroom and full bath, there is a front porch in addition to a back deck with a recirculating pond. Beautiful, private location with open areas, towering hardwoods and nature trails.

Last Agent to Sell the Property

Maureen Penfold

REMAX Bayshore - Union St TC License #6501239126 Listed on: 09/18/2017

REMAX Bayshore - Union St TC

Last Buyer's Agent

Judy Robinson

Coldwell Banker Schmidt Traver License #6501211527

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1991

Lot Details

  • 22 Acre Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,050 Sq Ft Home
  • 2-Story Property
  • Countryside Views
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

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

Outdoor Features

  • Tiered Deck
  • Covered Patio or Porch
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,372

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Cape Cod
  • Estimated Year Built: 1991
  • Construction: Frame
  • Section Number: 31
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1991

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 11x11.3, On Level: Main Floor
  • Bedroom 2: Dimensions: 10x18.1, On Level: Upper Floor
  • Bedroom 3: Dimensions: 11.2x9.8, On Level: Main Floor
  • Bedroom 4: Dimensions: 13.8x14, On Level: Upper Floor
  • Total Bathrooms: 3.5
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 11.2x11.2, On Level: Main Floor
  • Family Room: Dimensions: 10x10, On Level: Lower Floor
  • Kitchen: Dimensions: 12.4x11.1, On Level: Main Floor
  • Living Room: Dimensions: 16.1x13.4, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 1850
  • Estimated Below Grade Finished Sq Ft: 200
  • Estimated Below Grade Unfinished Sq Ft: 632
  • Price Per Sq Ft: 162.44
  • Range: R 12W
  • Total Finished Sf Apx: 2050

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Exterior Features: Multi-Level Decking, Countryside View, Covered Porch
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Block, Finished Rooms
  • Number Of Acres: 22
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2017
Closed on
Nov 16, 2017
Sold by
Amber Baker Matthysse
Bought by
Gilbert Brian G and Gilbert Nicole B
Seller's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
Buyer's Agent
Judy Robinson
Coldwell Banker Schmidt Traver
List Price
$339,900
Sold Price
$333,000
Premium/Discount to List
-$6,900
-2.03%
Current Estimated Value
$618,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,168
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Feb 26, 2009
Sold by
Stevens Mark E and Stevens Cynthia L
Bought by
Baker Amber
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
Gilbert Brian G $333,000 --
Baker Amber $230,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $333,000 -2.0% $162 / Sq Ft
09/18/2017 09/18/17 For Sale $339,900 -- $166 / 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 $3,372 $276,300 $0 $0
2024 $1,569 $237,900 $0 $0
2023 $1,502 $205,800 $0 $0
2022 $3,073 $174,000 $0 $0
2021 $2,979 $161,200 $0 $0
2020 $2,960 $160,300 $0 $0
2019 $2,766 $148,700 $0 $0
2018 -- $138,500 $0 $0
2017 -- $138,100 $0 $0
2016 -- $135,900 $0 $0
2015 -- $133,300 $0 $0
2014 -- $128,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maureen Penfold

    Seller's Agent in 2017

    Maureen Penfold

    RE/MAX Michigan

    (231) 883-3133

    64 Total Sales

    Maureen Penfold
    Section Image
  • Judy Robinson

    Buyer's Agent in 2017

    Judy Robinson

    Coldwell Banker Schmidt Traver

    (231) 620-2816

    73 Total Sales

    Judy Robinson
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1838627

Northern Great Lakes REALTORS® MLS

APN: 010-031-011-05

Michigan Leelanau County Traverse City 49684

2480 E Traverse Hwy, Traverse City, MI

This home is located at 2480 E Traverse Hwy, Traverse City, MI 49684 since 18 September 2017 and is currently estimated at $618,168, approximately $301 per square foot. This property was built in 1991. 2480 E Traverse Hwy is a home located in Leelanau County with nearby schools including Long Lake Elementary School, West Middle School, and West Senior High School.

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.

Northern Great Lakes REALTORS® MLS 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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