NOT LISTED FOR SALE

2991 Brown Bridge Rd Traverse City, MI 49696

Estimated Value: $205,000 - $477,000

3 Beds
1 Bath
1,224 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 02, 2012

Last sale price $48,490 $40 Per Sq Ft

Est. 588% increase in value since last sale

Current estimated payment $2,080/month

347 Days on Market

Highlights

  • Countryside Views
  • Wood Burning Stove
  • Ranch Style House
  • Central High School Rated A-
  • Wooded Lot
  • Mud Room

About This Home

As of May 2012

This is a short sale opportunity. Nestled in the woods adjacent to over 1300 acres of parkland. This is not a first time home buyer or zero down property. Must have conventional (20% down) or cash only. Has a drywell that is old and should be replaced. Very very charming, great opportunity for a nice northern getaway. A must see if you are looking for a charmer to nestle into for year round recreation. Must have proof of funds and $1000.00 earnest money for any offers.

Last Agent to Sell the Property

Cindy Anderson

Lake Homes Realty, LLC License #6502352611 Listed on: 05/09/2011

Lake Homes Realty, LLC

Last Buyer's Agent

Michael Gaines

REMAX Bayshore - Union St TC License #6501334269

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,195

Year Built

  • Built in 1953

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 100 x 165
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Countryside Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Oil
  • Heating System Uses Oil
  • Well

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,195

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1953
  • Construction: Timber Frame
  • Section Number: 16
  • Year Renovated: 2003
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Island Kitchen, Mud Room
  • Bedrooms: 3
  • Bedroom 1: On Level: Main Floor, Flooring: None
  • Bedroom 2: On Level: Main Floor, Flooring: None
  • Bedroom 3: On Level: Main Floor, Flooring: None
  • Total Bathrooms: 1
  • Dining Room: On Level: Main Floor, Flooring: None
  • Family Room: On Level: Main Floor, Flooring: None
  • Kitchen: On Level: Main Floor, Flooring: None
  • Living Room: On Level: Main Floor, Flooring: None
  • Estimated Above Ground Finished Sq Ft: 1224
  • Estimated Below Grade Unfinished Sq Ft: 1224
  • Price Per Sq Ft: 39.62
  • Total Finished Sf Apx: 1224

Exterior Features

  • Exterior Features: Balcony, Countryside View
  • Exterior Finish: Wood
  • Foundation: Crawl Space
  • Number Of Acres: 0.43
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Fireplaces And Stoves: Wood
  • Heating Cooling Types: Forced Air
  • Sewer: Dry Well
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: 100 x 165
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Smith Matthew G
Bought by
Fessell Bret P
Current Estimated Value
$333,534

Purchase Details

Listed on
May 9, 2011
Closed on
Apr 26, 2012
Seller's Agent
Cindy Anderson
Lake Homes Realty, LLC
Buyer's Agent
Michael Gaines
REMAX Bayshore - Union St TC
List Price
$89,000
Sold Price
$48,490
Premium/Discount to List
-$40,510
-45.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.27%

Purchase Details

Closed on
Jul 16, 2004

Purchase Details

Closed on
Mar 12, 2003

Purchase Details

Closed on
Mar 6, 2003

Purchase Details

Closed on
May 14, 2002

Purchase Details

Closed on
Jul 27, 2000

Purchase Details

Closed on
Jul 14, 2000

Purchase Details

Closed on
Jun 26, 1998

Purchase Details

Closed on
Nov 30, 1994
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
Fessell Bret P $125,000 --
-- $48,500 --
-- $125,000 --
-- -- --
-- $53,000 --
-- $73,800 --
-- -- --
-- $69,500 --
-- $69,900 --
-- $36,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2012 05/02/12 Sold $48,490 -45.5% $40 / Sq Ft
04/20/2012 04/20/12 Pending -- -- --
05/09/2011 05/09/11 For Sale $89,000 -- $73 / 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 $3,195 $92,700 $0 $0
2024 $2,569 $80,900 $0 $0
2023 $2,452 $51,700 $0 $0
2022 $950 $55,500 $0 $0
2021 $917 $51,700 $0 $0
2020 $901 $45,200 $0 $0
2019 $905 $41,700 $0 $0
2018 $884 $38,700 $0 $0
2017 -- $36,300 $0 $0
2016 -- $34,400 $0 $0
2014 -- $31,400 $0 $0
2012 -- $35,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1726385

Northern Great Lakes REALTORS® MLS

APN: 03-116-022-00