NOT LISTED FOR SALE

2914 5 Mile Rd Traverse City, MI 49686

Estimated Value: $441,000 - $907,000

3 Beds
3 Baths
3,196 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 03, 2022

Last sale price $400,000 $125 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,525/month

273 Days on Market

Highlights

  • Bay View
  • 11.92 Acre Lot
  • Wooded Lot
  • Courtade Elementary School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of October 2022

East Grand Traverse Bay views! Beautiful estate-sized parcel located in East Bay township with endless potential. The gorgeous property enjoys complete privacy and is adorned with mature hardwoods & evergreens and has water views from almost every room in the house. A spacious interior boasts a massive great room w/ wood burning fireplace & walkout deck, large kitchen, main floor laundry, and a separate dining area. The walkout lower level has a 3/4 bath, bonus rooms, all the space you need for storage, and is ready for a fabulous family room, game room, or home office. In addition to a 2-car attached garage, there are two outbuildings for additional storage or workshop/studio areas. A very special property in a fabulous location just minutes from downtown Traverse City and near East Bay beaches & parks, TART Trail, Holiday Ski Resort, and all amenities.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 12/10/2021

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 12/10/2021

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,951

Year Built

  • Built in 1978

Lot Details

  • 11.92 Acre Lot
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Home Design

  • Ranch Style House
  • Block Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,196 Sq Ft Home
  • Paneling
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deck
  • Patio
  • Pole Barn

Utilities

  • Baseboard Heating
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,951

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1978
  • Construction: Panelized
  • Univs Design Barrier Free: Main Floor Access
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1978

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Mud Room, Formal Dining Room, Great Room, Drywall, Paneling
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13.5x8, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.5x9.5, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13.5x11.5, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 11.5x8, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 58x25, On Level: Lower Floor, Flooring: Other
  • Kitchen: Dimensions: 17.5x11.5, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 26.5x19, On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 3196

Exterior Features

  • Additional Buildings: Pole Building(s), Workshop
  • Exterior Features: Bay View, Deck, Patio, Countryside View, Landscaped, Garden Area
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Crawl Space, Block
  • Number Of Acres: 11.92
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Hot Water, Baseboard
  • Laundry: Dimensions: 17x10, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: metes & bounds

Lot Info

  • Land Features: Cleared, Wooded, Level, Rolling, Sloping
  • Lot Dimensions: see attached docs
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2022 10/03/22 Sold $400,000 -5.9% $125 / Sq Ft
08/29/2022 08/29/22 Price Changed $425,000 -5.3% $133 / Sq Ft
08/15/2022 08/15/22 Price Changed $449,000 -2.2% $140 / Sq Ft
07/29/2022 07/29/22 Price Changed $459,000 -8.2% $144 / Sq Ft
12/10/2021 12/10/21 For Sale $499,750 -- $156 / 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 $4,951 $206,200 $0 $0
2024 $3,332 $204,700 $0 $0
2023 $3,189 $174,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hagan

    Seller's Agent in 2022

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    34 in this area

    376 Total Sales

    Mark Hagan
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1895566

Northern Great Lakes REALTORS® MLS

APN: 03-221-001-20

Michigan Grand Traverse County Traverse City 49686

2914 5 Mile Rd, Traverse City, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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