NOT LISTED FOR SALE

2856 Hammond Rd E Traverse City, MI 49686

Estimated Value: $535,000 - $1,535,000

6 Beds
4 Baths
3,339 Sq Ft
$310/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $750,000 $225 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,754/month

368 Days on Market

Highlights

  • Guest House
  • 113.35 Acre Lot
  • Farm
  • Courtade Elementary School Rated A-
  • Countryside Views
  • Wooded Lot

About This Home

As of February 2021

Cherry Knoll Farms is a one of a kind property on a 113 acre parcel just 7 miles from downtown TC. There’s a large main home, rental home, workshop, finished garage w/ bathroom, pole building plus 2 barns. Has been operated as a bed & breakfast. Large eat in kitchen w/ wainscoting that opens to covered front porch. Formal dining rm w/ bay window, original trim/wood wainscoting. Private master suite on main floor. Fam. rm. was added on main floor, f/p w/ slate hearth, view of gentle sloping valley/woods. Adorable playhouse, dollhouse & wishing well w/ koi fish.

Last Agent to Sell the Property

Marsha Minervini

REMAX Bayshore - Union St TC License #6501278275 Listed on: 01/24/2020

REMAX Bayshore - Union St TC

Last Buyer's Agent

Jack Lane

REO-TCRandolph-233022 License #6506036941

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,846

Year Built

  • Built in 1854

Lot Details

  • 113.35 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Farmhouse Style Home
  • Stone Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,339 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Bay Window
  • Formal Dining Room
  • Workshop
  • Screened Porch
  • Countryside Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Pole Barn
  • Shed

Utilities

  • Zoned Heating and Cooling
  • Cooling System Utilizes Oil
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Guest House
  • Mineral Rights
  • Farm

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,846

Year Built

Built in 1854

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Farm House
  • Estimated Year Built: 1854
  • Construction: Frame
  • Section Number: 28
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1854

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Window A/C Unit(s), Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Bay Window(s), Pantry, Formal Dining Room, Workshop, Drywall
  • Bedrooms: 6
  • Bedroom 1: Dimensions: 15.01x10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 17x15.04, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15x13.07, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 17x12.04, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 4
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 17.01x14.08, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 25.05x13.06, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 17.01x15.03, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 17x12.03, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 3339
  • Estimated Below Grade Unfinished Sq Ft: 760
  • Price Per Sq Ft: 224.62
  • Range: R 10W
  • Total Finished Sf Apx: 3339

Exterior Features

  • Additional Buildings: Barn(s), Pole Building(s), Garden/Storage Shed, Guest House, Workshop
  • Exterior Features: Patio, Countryside View, Porch, Screened Porch
  • Exterior Finish: Wood
  • Foundation: Stone
  • Number Of Acres: 113.35
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Hot Water, Baseboard, Zoned/Dual, Window Air Conditioner
  • Laundry: Dimensions: 11.02x7.06, On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, Dish TV
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Wooded-Hardwoods, Working Farm, Previously Farmed, Farm, Cleared, Wooded, Evergreens, Level, Rolling
  • Lot Dimensions: irregular
  • Mineral Rights: To Pass With Title, Yes
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Agricultural, Commercial

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Feb 26, 2021
Sold by
Demlow James A
Bought by
Heitzman Nancy Lassen
Seller's Agent
Marsha Minervini
REMAX Bayshore - Union St TC
Buyer's Agent
Jack Lane
REO-TCRandolph-233022
List Price
$989,500
Sold Price
$750,000
Premium/Discount to List
-$239,500
-24.2%
Current Estimated Value
$1,035,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,660
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Mar 4, 2005

Purchase Details

Closed on
Aug 28, 2001

Purchase Details

Closed on
May 17, 2001

Purchase Details

Closed on
Jun 13, 1996
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
Heitzman Nancy Lassen $750,000 --
-- -- --
-- $360,000 --
-- $249,100 --
-- $360,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $750,000 -9.1% $225 / Sq Ft
12/23/2020 12/23/20 Price Changed $825,000 -15.4% $247 / Sq Ft
11/24/2020 11/24/20 Price Changed $975,000 -1.5% $292 / Sq Ft
01/24/2020 01/24/20 For Sale $989,500 -- $296 / 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 $14,846 $742,400 $0 $0
2024 $10,461 $606,800 $0 $0
2023 $10,004 $450,200 $0 $0
2022 $13,328 $451,500 $0 $0
2021 $9,750 $450,200 $0 $0
2020 $9,582 $426,500 $0 $0
2019 $9,606 $416,800 $0 $0
2018 $9,377 $380,400 $0 $0
2017 -- $371,100 $0 $0
2016 -- $367,700 $0 $0
2014 -- $410,500 $0 $0
2012 -- $435,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1871271

Northern Great Lakes REALTORS® MLS

APN: 03-228-001-00