NOT LISTED FOR SALE

295 Rasho Rd Traverse City, MI 49696

Estimated Value: $635,000 - $670,074

4 Beds
3 Baths
2,746 Sq Ft
$240/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $590,000 $215 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,129/month

24 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • 1.13 Acre Lot
  • Courtade Elementary School Rated A-
  • Private Dock
  • Deck

About This Home

As of November 2023

A Little Jewel! Tibbets Lake! Just imagine coming home to this peaceful retreat; overlooking the water from almost every room in this 4BR/3bath home. No neighbors on top of you, just water, trees and nature. The home is an open concept with 2 fireplaces to keep it cozy, a generous kitchen w/granite countertops. The lower level has 2 walk out's and egress windows. Storage, there's tons of dedicated storage plus another shed and storage under the deck! Tibbets lake is aprox. 34 acres, fishing, kayaking, swimming, peaceful and just 10 min's to Traverse!

Last Agent to Sell the Property

Debra Hall

REO-TCRandolph-233022 License #6501300274 Listed on: 10/09/2023

REO-TCRandolph-233022

Last Buyer's Agent

Robin Vanderkaay

Century 21 Northland-Elk Rapids License #6501410850

Century 21 Northland-Elk Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,714

Year Built

  • Built in 1990

Lot Details

  • 1.13 Acre Lot
  • Private Waterfront
  • 164 Feet of Waterfront
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,746 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Den
  • Home Gym
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • No Wake Zone
  • Private Dock
  • Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,714

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1990
  • Construction: Frame
  • Private Shared: Private
  • Univs Design Barrier Free: Extra Wide Hallways, Main Floor Access, Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1990

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry, Breakfast Nook, Granite Kitchen Tops, Den/Study, Exercise Room, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15.03x14.02, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 15.03x09.06, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 14.04x09.09, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 13.03x10.07, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 10.07x08.02, On Level: Main Floor, Flooring: Laminate
  • Family Room: Dimensions: 24.08x21.09, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 16.11x15.11, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 23.05x21.09, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 13.07x13.10, On Level: Lower Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 2746

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Tibbets Lake
  • Exterior Features: Deck, Patio
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Block, Egress Windows, Full Finished
  • Lake Size: 33 acres
  • Number Of Acres: 1.13
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Private Dock, No Wake
  • Waterfront Frontage: 164

Garage/Parking

  • Driveway: Blacktop, Circular
  • Garage Capacity: 2
  • Primary Garage: Detached, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 05.03x04.06, On Level: Main Floor, Flooring: Laminate
  • Sewer: Private Septic
  • Tv Service Internet Avail: WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Sloping
  • Lot Dimensions: 164x182x140x153 +
  • Mineral Rights: Unknown
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Nov 7, 2023
Sold by
Arthur Gregory and Arthur Gretchen
Bought by
Moreland Andrea
Seller's Agent
Debra Hall
REO-TCRandolph-233022
Buyer's Agent
Robin Vanderkaay
Century 21 Northland-Elk Rapids
List Price
$600,000
Sold Price
$590,000
Premium/Discount to List
-$10,000
-1.67%
Views
109
Current Estimated Value
$662,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,784
Avg. Annual Appreciation
5.85%

Purchase Details

Listed on
May 17, 2019
Closed on
Aug 30, 2019
Sold by
Mahan David C
Bought by
Gregory Arthur and Gregory Gretchen Arthur
Seller's Agent
Lou Okma
REO-TCRandolph-233022
Buyer's Agent
Debra Hall
REO-TCRandolph-233022
List Price
$435,000
Sold Price
$387,000
Premium/Discount to List
-$48,000
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Apr 28, 2005

Purchase Details

Closed on
Aug 28, 1989
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
Moreland Andrea $590,000 --
Gregory Arthur $387,000 --
-- $290,000 --
-- $18,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2023 11/07/23 Sold $590,000 -1.7% $215 / Sq Ft
11/02/2023 11/02/23 Pending -- -- --
10/09/2023 10/09/23 For Sale $600,000 +55.0% $218 / Sq Ft
09/03/2019 09/03/19 Sold $387,000 -2.5% $141 / Sq Ft View Prior Sale
08/12/2019 08/12/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $397,000 -4.3% $145 / Sq Ft
06/19/2019 06/19/19 Price Changed $415,000 -4.6% $151 / Sq Ft
05/17/2019 05/17/19 For Sale $435,000 -- $158 / 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 $7,714 $318,300 $0 $0
2024 $5,192 $286,300 $0 $0
2023 $6,693 $187,500 $0 $0
2022 $7,855 $200,700 $0 $0
2021 $7,591 $187,500 $0 $0
2020 $7,469 $168,000 $0 $0
2019 $3,570 $156,700 $0 $0
2018 $3,485 $146,500 $0 $0
2017 -- $146,100 $0 $0
2016 -- $139,300 $0 $0
2014 -- $122,200 $0 $0
2012 -- $123,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1916578

Northern Great Lakes REALTORS® MLS

APN: 03-234-001-30