NOT LISTED FOR SALE

3017 5 Mile Rd Traverse City, MI 49686

Estimated Value: $298,000 - $883,000

2 Beds
1 Bath
972 Sq Ft
$465/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $140,950 $145 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,522/month

10 Days on Market

Highlights

  • RV or Boat Parking
  • 5.19 Acre Lot
  • Solarium
  • Courtade Elementary School Rated A-
  • Countryside Views
  • Workshop

About This Home

As of August 2016

Estate sale. One owner since 1950. This bungalow presents an old time charm with tons of potential. Small kitchen and a couple bedrooms on the main floor that have some built in dressers. Hardwood floors and a bay window present a nice size living room. The south side has a greenhouse that has been used for years starting all the seedlings and plants. Owner was a master gardener with a large organic garden and he has established raised beds throughout a fenced area. Stairs to up to an attic that at one time had a couple bedrooms. 2 acres of open meadow with an equipment garage out by the planted pines. A couple utility sheds near the house. Full walk out basement.

Last Agent to Sell the Property

Sue Kelly

REO-TCFront-233021 License #6506036311 Listed on: 06/06/2016

REO-TCFront-233021

Last Buyer's Agent

Sue Kelly

REO-TCFront-233021 License #6506036311 Listed on: 06/06/2016

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1953

Lot Details

  • 5.19 Acre Lot
  • Lot Dimensions are 275 x 823 x 264 x 886
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Bungalow
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 972 Sq Ft Home
  • 1.5-Story Property
  • Bay Window
  • Workshop
  • Solarium
  • Countryside Views
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • RV or Boat Parking

Outdoor Features

  • Patio
  • Shed
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Oil
  • Heating System Uses Oil
  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

  • M & B Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$931

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Bungalow
  • Estimated Year Built: 1953
  • Construction: Frame
  • Univs Design Barrier Free: Covered Entrance, Ramped Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1953

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Bay Window(s), Solarium/Sun Room, Fixer-Upper, Workshop
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 9x10, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 8x9, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Kitchen: Dimensions: 9x10, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 12x15, On Level: Main Floor, Flooring: Wood
  • Range: R 10W
  • Total Finished Sf Apx: 972

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Workshop
  • Exterior Features: Patio, Countryside View, Garden Area, Built-in Grill, RV Parking
  • Exterior Finish: Aluminum, Brick, Vinyl
  • Foundation: Full, Block, Entrance Outside
  • Number Of Acres: 5.19
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Detached

Utilities

  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: M & B

Lot Info

  • Land Features: Cleared, Evergreens, Previously Farmed, Rolling
  • Lot Dimensions: 275 x 823 x 264 x 886
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Outbuildings Allowed

Tax Info

  • Summer Taxes: 660
  • Total Taxes: 931
  • Winter Taxes: 271
  • Year Winter: 2015

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2016
Closed on
Aug 5, 2016
Seller's Agent
Sue Kelly
REO-TCFront-233021
Buyer's Agent
Sue Kelly
REO-TCFront-233021
List Price
$144,900
Sold Price
$140,950
Premium/Discount to List
-$3,950
-2.73%
Current Estimated Value
$451,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,563
Avg. Annual Appreciation
13.44%

Purchase Details

Closed on
Nov 6, 2015

Purchase Details

Closed on
Aug 3, 2009
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
-- $141,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2016 08/05/16 Sold $140,950 -2.7% $145 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $144,900 -- $149 / 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 $1,906 $129,900 $0 $0
2024 $1,283 $116,400 $0 $0
2023 $1,227 $68,200 $0 $0
2022 $1,709 $84,300 $0 $0
2021 $1,649 $68,200 $0 $0
2020 $1,620 $64,700 $0 $0
2019 $1,628 $60,100 $0 $0
2018 $1,601 $59,500 $0 $0
2017 -- $57,900 $0 $0
2016 -- $55,700 $0 $0
2014 -- $47,300 $0 $0
2012 -- $45,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1818031

Northern Great Lakes REALTORS® MLS

APN: 03-216-053-00