NOT LISTED FOR SALE

268 Island View Dr Traverse City, MI 49696

Estimated Value: $915,000 - $1,422,000

3 Beds
3.5 Baths
3,382 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $515,000 $152 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $6,565/month

45 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Elk Rapids High School Rated A-
  • Private Dock
  • Bluff on Lot

About This Home

As of August 2014

Luxurious living on the lake! Ideal summer or year-round home, this quality-built & well-maintained waterfront retreat offers comfortable living & a great, sandy beach on scenic (private access) Island Lake. Enjoy swimming, boating & fishing from 100' private lakefront w/floating dock & sunrise views. 2003-built home full of upgrades including hardwood floors, 2-story vaulted ceilings w/top-of-the-line windows, open gourmet kitchen, main floor master suite w/luxury bath & walk-in closet, 3 gas fireplaces, geothermal heat, built-in sound system & full finished walkout lower level. Amazing 2-story wrap-around deck w/elevated water views, attached garage, garden shed, landscaped yard & paved drive. 10 miles to downtown TC, adjacent to state land & Boardman River Valley.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 05/28/2014

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Victoria Oltersdorf

OLTERSDORF REALTY, LLC License #6502340603

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,284

Year Built

  • Built in 2003

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 80x233x100x200
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Landscaped
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 3,382 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Den
  • Loft
  • Game Room
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Private Dock
  • Tiered Deck
  • Patio
  • Shed
  • Rain Gutters
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Satellite Dish

Community Details

Overview

  • Association fees include snow removal
  • Nickerson Sub Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,284

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 2003
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 31
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Blinds, Ceiling Fan, Satellite Dish
  • Interior Amenities: Jetted Tub, Skylights, Foyer Entrance, Walk-In Closet(s), Breakfast Nook, Loft, Island Kitchen, Great Room, Den/Study, Game Room, Vaulted Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 16'x13'7", On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 12'9"x11'8", On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 16'10x11'4", On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • 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: combox15'5", On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 22'xcombo, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 16'4"x15', On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 16'x15'4", On Level: Upper Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2082
  • Estimated Below Grade Finished Sq Ft: 1300
  • Price Per Sq Ft: 152.28
  • Range: R 9W
  • Total Finished Sf Apx: 3382

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Island Lake
  • Exterior Features: Deck, Multi-Level Decking, Patio, Landscaped, Porch, Gutters
  • Exterior Finish: Cement Board
  • Foundation: Full, Walkout, Poured Concrete, Entrance Outside, Finished Rooms, Egress Windows, Full Finished, Entrance Inside
  • Number Of Acres: 0.51
  • Road: Concrete, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Private Dock, Sandy Bottom, Bluff (less than 10ft), Private Lake, Sandy Shoreline
  • Waterfront Frontage: 100

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Dish TV
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal

Association/Amenities

  • Development Name: Nickerson Sub

Schools

  • School District: Elk Rapids Schools

Lot Info

  • Lot Number: 53
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Sloping
  • Lot Dimensions: 80x233x100x200
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Aug 15, 2014
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Victoria Oltersdorf
OLTERSDORF REALTY, LLC
List Price
$549,900
Sold Price
$515,000
Premium/Discount to List
-$34,900
-6.35%
Current Estimated Value
$1,093,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,807
Avg. Annual Appreciation
7.13%

Purchase Details

Closed on
Jun 5, 2007

Purchase Details

Closed on
Aug 1, 2001
Source: Public Records

Range of Values:

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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
-- $515,000 --
-- $540,000 --
-- $80,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2014 08/18/14 Sold $515,000 -6.3% $152 / Sq Ft
07/12/2014 07/12/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $549,900 -- $163 / 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 $6,284 $468,600 $0 $0
2024 $4,349 $409,400 $0 $0
2023 $4,183 $255,500 $0 $0
2022 $5,580 $294,200 $0 $0
2021 $5,435 $255,500 $0 $0
2020 $5,029 $247,000 $0 $0
2019 $5,333 $234,900 $0 $0
2018 $5,234 $229,400 $0 $0
2017 -- $230,500 $0 $0
2016 -- $211,500 $0 $0
2014 -- $160,800 $0 $0
2012 -- $189,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1785036

Northern Great Lakes REALTORS® MLS

APN: 13-670-008-00