NOT LISTED FOR SALE

291 Peninsula Trail Traverse City, MI 49696

Estimated Value: $363,000 - $479,000

2 Beds
1 Bath
972 Sq Ft
$433/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $385,000 $396 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,841/month

126 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Courtade Elementary School Rated A-
  • Deck
  • Great Room

About This Home

As of August 2023

Looking for that cottage on an ALL-SPORTS lake in Northern Michigan? Here it is with all the charm you never thought you'd find! The cozy great room, updated interior makes for a comfortable get-away. The large deck is perfect for grilling, and the lakeside platform is perfect for bonfires on the beach while you hear the water lapping on the shores of your own private frontage. The dock is included so you can move right in and enjoy this summer's boating season! Close to several lakes and rivers, the VASA trail system, snowmobiling, state land and just a short drive to downtown Traverse City.

Last Agent to Sell the Property

Karly Wentzloff

REO-TCRandolph-233022 License #6501366693 Listed on: 03/16/2023

REO-TCRandolph-233022

Last Buyer's Agent

Marilyn Taylor

EXIT Northern Shores-TC License #6501364305

EXIT Northern Shores-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,566

Year Built

  • Built in 1963

Lot Details

  • 10,454 Sq Ft Lot
  • Private Waterfront
  • 48 Feet of Waterfront
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Property Views

  • Water Views
  • Countryside Views

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 972 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Great Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck

Utilities

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

Community Details

Overview

  • Pinewood Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,566

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1963
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 2
  • Univs Design Barrier Free: Main Floor Access
  • Year Updated: 2018
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer
  • Interior Amenities: Great Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11x10, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 9x9, On Level: Main Floor, Flooring: Laminate
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 8x12, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 13x12, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 14x12, On Level: Main Floor, Flooring: Laminate
  • Estimated Above Ground Finished Sq Ft: 972
  • Price Per Sq Ft: 396.09
  • Range: R 10W
  • Total Finished Sf Apx: 972

Exterior Features

  • Body Of Water: Spider Lake
  • Exterior Features: Deck, Countryside View
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 0.24
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Gradual Slope to Water, Public Lake
  • Waterfront Frontage: 48

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic, Pump Back
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: Pinewood Shores

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 6
  • Deeded Waterfront: Yes
  • Land Features: Wooded
  • Lot Dimensions: 48*242*83*206
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Unknown

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Aug 4, 2023
Sold by
Investments One Llc
Bought by
Hampton George
Seller's Agent
Karly Wentzloff
REO-TCRandolph-233022
Buyer's Agent
Marilyn Taylor
EXIT Northern Shores-TC
List Price
$474,900
Sold Price
$385,000
Premium/Discount to List
-$89,900
-18.93%
Views
222
Current Estimated Value
$420,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,995
Avg. Annual Appreciation
4.16%

Purchase Details

Listed on
Apr 30, 2017
Closed on
Jun 28, 2017
Sold by
Howard Brian J
Bought by
Investments One Llc
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Amy Green
REO-TCRandolph-233022
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hampton George $385,000 --
Investments One Llc $210,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $385,000 -3.5% $396 / Sq Ft
07/14/2023 07/14/23 Price Changed $399,000 -0.2% $410 / Sq Ft
07/14/2023 07/14/23 Price Changed $399,900 -3.6% $411 / Sq Ft
06/19/2023 06/19/23 Price Changed $415,000 -4.6% $427 / Sq Ft
05/15/2023 05/15/23 Price Changed $434,900 -5.4% $447 / Sq Ft
04/20/2023 04/20/23 Price Changed $459,900 -2.1% $473 / Sq Ft
04/04/2023 04/04/23 Price Changed $469,900 -1.1% $483 / Sq Ft
03/16/2023 03/16/23 For Sale $474,900 +72.7% $489 / Sq Ft
08/20/2018 08/20/18 Sold $275,000 -5.1% $283 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $289,900 +38.0% $298 / Sq Ft
06/28/2017 06/28/17 Sold $210,000 -6.7% $216 / Sq Ft
06/26/2017 06/26/17 Pending -- -- --
04/30/2017 04/30/17 For Sale $225,000 -- $231 / 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 $6,566 $162,900 $0 $0
2024 $5,279 $146,100 $0 $0
2023 $3,195 $98,600 $0 $0
2022 $3,750 $96,800 $0 $0
2021 $3,624 $98,600 $0 $0
2020 $3,565 $87,500 $0 $0
2019 $3,549 $78,700 $0 $0
2018 $2,209 $49,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1909101

Northern Great Lakes REALTORS® MLS

APN: 03-610-006-10