NOT LISTED FOR SALE

2773 N Arbutus Lake Rd Traverse City, MI 49696

Estimated Value: $1,159,000 - $1,483,000

4 Beds
3.5 Baths
4,300 Sq Ft
$301/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $699,000 $163 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,492/month

25 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Courtade Elementary School Rated A-
  • Private Dock
  • Bay View

About This Home

As of December 2017

All Sports Inland Classic Lake House with an abundance of beauty and privacy! Be downtown TC in less than 15 minutes! Many recent updates. One of a kind home you could not reproduce today for anywhere near the asking price. Luxurious living room with fireplace, eat in kitchen with fireplace that overlooks the lake. Oversized 2 car heated garage. Master suite with a fireplace that also overlooks the lake. Not a bad view from any room! You also can rent through VRBO or Air B N B and make this home pay for itself when not in use. Township allows vacation rentals. Perfect for a year-round home as well. Plenty of room for a pole barn. Adjacent property also for sale to make this a family compound. Marketing package available for more construction and amenity details. Just ask the Realtor of your choice for more information!

Last Agent to Sell the Property

Cindy Anderson

Lake Homes Realty, LLC License #6502352611 Listed on: 10/09/2017

Lake Homes Realty, LLC

Last Buyer's Agent

Jennifer Gaston

REMAX Bayshore - Union St TC License #6501397898

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,228

Year Built

  • Built in 1992

Lot Details

  • 1.13 Acre Lot
  • Lot Dimensions are 150x248x172x234
  • Private Waterfront
  • 150 Feet of Waterfront
  • Sandy Beach
  • Lot Has A Rolling Slope
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4,300 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Game Room
  • Workshop
  • Home Gym
  • Radiant Floor

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Balcony
  • Tiered Deck
  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,228

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 1992
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1992
  • Year Renovated: 2017

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Blinds, Drapes
  • Interior Amenities: Jetted Tub, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Breakfast Nook, Granite Kitchen Tops, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Exercise Room, Game Room, Workshop
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 19x17, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 26x17, On Level: Upper Floor
  • Bedroom 3: Dimensions: 17x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 10x11, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 11x11, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 26x17, On Level: Upper Floor, Flooring: Wood
  • Kitchen: Dimensions: 23x14.8, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 25x20, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 13.5x13.2, On Level: Upper Floor
  • Range: R 10W
  • Total Finished Sf Apx: 4300

Exterior Features

  • Body Of Water: Chandler Lake
  • Exterior Features: Bay View, Balcony, Deck, Multi-Level Decking, Patio, Countryside View, Covered Porch, Porch
  • Exterior Finish: Wood
  • Foundation: Slab
  • Number Of Acres: 1.13
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock, Sandy Bottom, Deeded Easement
  • Waterfront Frontage: 150

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway, Heated, Finished Rooms

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Hot Water, Baseboard, Radiant Floor
  • Laundry: Dimensions: 19x7, On Level: Upper Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, DSL
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Rolling
  • Lot Dimensions: 150x248x172x234
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Deed Restrictions, Building-Use Restrictions, Outbuildings Allowed

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 22, 2017
Sold by
Newland Jeffrey W
Bought by
Burzynski Thomas N and Everard Michele J
Seller's Agent
Cindy Anderson
Lake Homes Realty, LLC
Buyer's Agent
Jennifer Gaston
REMAX Bayshore - Union St TC
List Price
$729,000
Sold Price
$699,000
Premium/Discount to List
-$30,000
-4.12%
Current Estimated Value
$1,293,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,900
Avg. Annual Appreciation
8.12%
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
Burzynski Thomas N $699,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $699,000 -4.1% $163 / Sq Ft
10/09/2017 10/09/17 For Sale $729,000 -- $170 / 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 $8,228 $575,800 $0 $0
2024 $5,538 $525,400 $0 $0
2023 $5,299 $326,500 $0 $0
2022 $12,363 $349,500 $0 $0
2021 $11,947 $326,500 $0 $0
2020 $11,755 $289,200 $0 $0
2019 $11,700 $283,400 $0 $0
2018 $11,423 $253,400 $0 $0
2017 -- $235,200 $0 $0
2016 -- $232,300 $0 $0
2014 -- $183,900 $0 $0
2012 -- $187,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1839423

Northern Great Lakes REALTORS® MLS

APN: 03-104-017-10