$464,733
SOLD OCT 31, 2016
3 Beds
3.5 Baths
3,250 Sq Ft
3,311 Sq Ft Lot

Recently Sold

$143 Per Sq Ft

1% Below List Price

28 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 500 Feet of Waterfront
  • Bay View
  • Central High School Rated A-
  • Sandy Beach
  • Lake Privileges

About This Home

As of December 2018

Simply put-one of the most beautifully positioned & finished condominiums in our area. Located at the base of Old Mission Peninsula in Underwood Farms, this site offers endless expansive views of West Bay from most rooms and no muss-no fuss relaxed family living with an elegant twist. Tweaked design from the others & carefully chosen material add a timeless look. This condo reflects grace while offering comfortable contemporary floor plan that allows you to really enjoy where you are living. Exterior maintenance is provided & East Bay offers you 500' of sandy shared waterfront for your enjoyment.

Last Agent to Sell the Property

Alice Shirley

REO-TCRandolph-233022 License #6501201782 Listed on: 08/24/2016

REO-TCRandolph-233022

Last Buyer's Agent

Debra Hall

REO-TCRandolph-233022 License #6501300274

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 2005

Lot Details

  • 500 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Fire Rated Drywall
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,250 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Den
  • Game Room
  • Home Gym
  • Bay Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Tiered Deck
  • Patio

Location

  • Property is near a Great Lake

Schools

  • Old Mission Peninsula Elementary School
  • Traverse City East Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • Water Watch Lane Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,165

Year Built

Built in 2005

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2005
  • Construction: Timber Frame
  • Private Shared: Shared
  • Section Number: 19
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Blinds, Drapes, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Jetted Tub, Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Granite Kitchen Tops, Island Kitchen, Mud Room, Great Room, Den/Study, Exercise Room, Game Room, Vaulted Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 17.8x13.04, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.8x11.6, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 18x13, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 13.6x12, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 26x15, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12x11, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 18.8x15.8, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1880
  • Estimated Below Grade Finished Sq Ft: 1200
  • Estimated Below Grade Unfinished Sq Ft: 170
  • Price Per Sq Ft: 142.99
  • Range: R 10W
  • Total Finished Sf Apx: 3250

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Sprinkler System, Deck, Multi-Level Decking, Patio, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Poured Concrete, Finished Rooms, Egress Windows, Plumbed for Bath, Full Finished, Entrance Inside
  • Road: Association, Blacktop, Privately Maintained, Private Owned, Rd Maintenance Agreement
  • Roof: Asphalt
  • Water Features: Water View, Sandy Bottom, Gradual Slope to Water, Deeded Easement, Great Lake, Public Lake, Stony Bottom, Sandy Shoreline
  • Waterfront Frontage: 500

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Annual Association Fees: 6960
  • Condo: Yes

Association/Amenities

  • Development Amenities: Common Area, Community Dock, Lake Privileges
  • Development Name: Water Watch Lane

Schools

  • School District: Traverse City Area Public Schools
  • Elementary School: Old Mission Peninsula School
  • Middle School: Traverse City East Middle School
  • High School: Central High School

Lot Info

  • Lot Number: 15
  • Percent Open: 100
  • Deeded Waterfront: Yes
  • Land Features: Cleared, Corner Lot, Level, Previously Farmed, Rolling
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 3586
  • Taxable Value: 191087
  • Total Taxes: 5165
  • Winter Taxes: 1579
  • Year Summer: 2016
  • Year Winter: 2015

MLS Schools

  • Elementary School: Old Mission Peninsula School
  • HighSchool: Central High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City East Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2018
Closed on
Dec 20, 2018
Sold by
Michael Allen
Bought by
Russell Waara and Waara Marcia
Seller's Agent
Debra Hall
REO-TCRandolph-233022
Buyer's Agent
Shannon Jensen-Boncher
Key Realty One-TC
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%
Current Estimated Value
$866,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,529
Avg. Annual Appreciation
8.37%

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 31, 2016
Seller's Agent
Alice Shirley
REO-TCRandolph-233022
Buyer's Agent
Debra Hall
REO-TCRandolph-233022
List Price
$469,000
Sold Price
$464,733
Premium/Discount to List
-$4,267
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Sep 14, 2007

Purchase Details

Closed on
Oct 29, 2004

Purchase Details

Closed on
Aug 11, 2000
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $540,000 --
Deed -- --
Deed $464,700 --
Deed -- --
Deed $65,000 --
Deed $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $540,000 -1.8% $166 / Sq Ft
11/23/2018 11/23/18 Pending -- -- --
10/02/2018 10/02/18 For Sale $550,000 +18.3% $169 / Sq Ft
10/31/2016 10/31/16 Sold $464,733 -0.9% $143 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $469,000 -- $144 / 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 -- $419,200 $0 $0
2024 $0 $375,900 $0 $0
2023 -- $298,866 $0 $0
2022 $5,784 $221,441 $0 $0
2021 $5,784 $210,900 $0 $0
2020 $5,784 $210,900 $0 $0
2019 $3,955 $210,900 $0 $0
2018 $7,929 $210,900 $0 $0
2017 -- $210,900 $0 $0
2016 -- $210,900 $0 $0
2014 -- $200,900 $0 $0
2012 -- $200,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1822242

Northern Great Lakes REALTORS® MLS

APN: 11-684-015-00