NOT LISTED FOR SALE

2525 5 Mile Rd Traverse City, MI 49686

Estimated Value: $392,048 - $445,000

3 Beds
2.5 Baths
1,632 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $177,000 $108 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,513/month

31 Days on Market

Highlights

  • Tiered Deck
  • Wooded Lot
  • Balcony
  • Courtade Elementary School Rated A-
  • Den
  • 2 Car Detached Garage

About This Home

As of August 2014

Meticulously maintained and freshly painted home on large private wooded lot - ready for you to move right in and enjoy. Main floor living room with laminate hardwood flooring. Kitchen has newer counters, ample cabinetry and large pantry. Lovely dining room with French doors to deck. Upstairs features Master Bedroom with private bath, two additional bedrooms, one with a private balcony. Upstairs Family Room with access to private deck. Multiple deck and entertaining areas. Oversized detached two car garage with overhead storage and plenty of room for toys. Beautiful treed lot for plenty of privacy. Private drive shared with one other home. Minutes to Timber Ridge, Vasa Trail, Holiday Hills Ski Hill, shopping, beaches, lakes, schools amenities.

Last Agent to Sell the Property

Jean Hughey

Key Realty One-TC License #6502362197 Listed on: 07/01/2014

Key Realty One-TC

Last Buyer's Agent

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537

REMAX Bayshore - W Bay Shore Dr TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,969

Year Built

  • Built in 1992

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 202x252
  • Landscaped
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Den

Kitchen

  • Oven or Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Balcony
  • Tiered Deck
  • Patio
  • Shed

Utilities

  • Baseboard Heating
  • Well
  • Natural Gas Water Heater

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,969

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1992
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1992
  • Year Renovated: 2012

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Natural Gas Water Heater
  • Interior Amenities: Pantry, Island Kitchen, Den/Study, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12x9, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 13x11, On Level: Main Floor, Flooring: Laminate
  • Family Room: Dimensions: 13x11, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 15x11.4, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 18x12, On Level: Main Floor, Flooring: Laminate
  • Other Room: Dimensions: 3x7, On Level: Main Floor, Flooring: Laminate
  • Range: R 10W
  • Total Finished Sf Apx: 1632

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Balcony, Deck, Multi-Level Decking, Patio, Sidewalk, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Block, Slab
  • Number Of Acres: 0.9
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Detached, Concrete Floors

Utilities

  • Heating Cooling Types: Baseboard
  • Laundry: Dimensions: 7x5, On Level: Main Floor, Flooring: Laminate
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Lot Info

  • Land Features: Wooded, Evergreens
  • Lot Dimensions: 202x252
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Year Winter: 550

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2014
Closed on
Aug 28, 2014
Seller's Agent
Jean Hughey
Key Realty One-TC
Buyer's Agent
Bob Brick
REMAX Bayshore - W Bay Shore Dr TC
List Price
$179,900
Sold Price
$177,000
Premium/Discount to List
-$2,900
-1.61%
Current Estimated Value
$416,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,762
Avg. Annual Appreciation
7.96%

Purchase Details

Listed on
Apr 15, 2013
Closed on
Jun 18, 2013
Seller's Agent
Shelly Brunette
REO-TCRandolph-233022
Buyer's Agent
Jean Hughey
Key Realty One-TC
List Price
$163,000
Sold Price
$160,000
Premium/Discount to List
-$3,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Nov 7, 2003

Purchase Details

Closed on
Nov 13, 2000

Purchase Details

Closed on
Oct 10, 1992

Purchase Details

Closed on
Apr 30, 1991

Purchase Details

Closed on
Apr 25, 1991
Source: Public Records

Range of Values:

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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
-- $177,000 --
-- $160,000 --
-- $118,000 --
-- $107,000 --
-- $7,000 --
-- $13,900 --
-- $8,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/28/2014 08/28/14 Sold $177,000 -1.6% $108 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $179,900 +12.4% $110 / Sq Ft
06/18/2013 06/18/13 Sold $160,000 -1.8% $98 / Sq Ft View Prior Sale
05/25/2013 05/25/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $163,000 -- $100 / 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 $3,969 $178,400 $0 $0
2024 $2,672 $160,900 $0 $0
2023 $2,556 $111,600 $0 $0
2022 $2,377 $121,200 $0 $0
2021 $2,294 $111,600 $0 $0
2020 $2,254 $104,600 $0 $0
2019 $2,264 $95,600 $0 $0
2018 $2,210 $89,000 $0 $0
2017 -- $86,300 $0 $0
2016 -- $82,900 $0 $0
2014 -- $67,000 $0 $0
2012 -- $61,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1787113

Northern Great Lakes REALTORS® MLS

APN: 03-222-008-20