NOT LISTED FOR SALE

3041 Swain Rd Traverse City, MI 49696

Estimated Value: $753,922 - $884,000

2 Beds
2 Baths
1,350 Sq Ft
$590/Sq Ft Est. Value

Last Sold August 26, 2015

Last sale price $485,000 $359 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,886/month

108 Days on Market

Highlights

  • Boathouse
  • Private Waterfront
  • Private Dock
  • Courtade Elementary School Rated A-
  • Deeded Waterfront Access Rights
  • Sandy Beach

About This Home

As of August 2015

Rare opportunity to own an entire peninsula on prestigious Arbutus Lake. This home has been impeccably maintained and fully remodeled. Its features are many, including an open floor plan, a surplus of windows to take in the lake from every direction and from every single room in the house. Both bathrooms have heated tile floors, oversized master suite with cathedral ceilings, a cook's kitchen. The gas fireplace in the living room provides toasty heat and ambiance. Detached garage / boathouse offers, not only storage for water toys and the necessities, but a workshop area and the potential to finish off the lower level as a lake recreation room. The oversized garden shed could easily be made into a bunkhouse for extras. The serenity of this piece of land abounds with a sandy beach, wildlife everywhere (loons, song birds, deer, swans, fox...you name it). Sit back, relax, make a fire on the beach, fish, swim, boat, take walks in the woods, have coffee on your deck or beach, watch a sunset. Such an amazing property.

Last Agent to Sell the Property

Amy Green

REO-TCRandolph-233022 License #6501327055 Listed on: 05/09/2015

Last Buyer's Agent

Weston Buchan

REO-TCRandolph-233022 License #6501369466

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,553

Year Built

  • Built in 1952

Lot Details

  • 1.12 Acre Lot
  • Private Waterfront
  • 894 Feet of Waterfront
  • Sandy Beach
  • Property has an invisible fence for dogs
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Metal Roof
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • 1,350 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Boathouse
  • Private Dock
  • Deck
  • Patio
  • Shed
  • Rain Gutters

Location

  • Mineral Rights

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Water Filtration System
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Arbutus Lake Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,553

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1952
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 3
  • Year Updated: 2003
  • Year Renovated: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1952

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Water Filtration System, Hot Tub, Blinds, Ceiling Fan, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Walk-In Closet(s), Pantry, Solid Surface Counters, Island Kitchen
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 19.05x11.01, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.01x8.09, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Family Room: Dimensions: 20.03x10.07, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 15.10x13.08, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 19.01x15.09, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1350
  • Estimated Below Grade Unfinished Sq Ft: 695
  • Price Per Sq Ft: 359.26
  • Range: R 10E
  • Total Finished Sf Apx: 1350

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Boat House
  • Body Of Water: Arbutus Lake
  • Exterior Features: Deck, Patio, Invisible Pet Fencing, Gutters
  • Exterior Finish: Vinyl, Shingle
  • Foundation: Partial, Block, Entrance Inside
  • Number Of Acres: 1.12
  • Road: Gravel, Privately Maintained
  • Roof: Metal, Metal/Steel
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock, Sandy Bottom, Gradual Slope to Water
  • Waterfront Frontage: 894

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Baseboard, Floor, Ductless A/C
  • Laundry: On Level: Lower Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Arbutus Lake

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Level
  • Lot Dimensions: irregular
  • Mineral Rights: Yes
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2016
Current Estimated Value
$796,481

Purchase Details

Listed on
May 9, 2015
Closed on
Aug 26, 2015
Seller's Agent
Amy Green
REO-TCRandolph-233022
Buyer's Agent
Weston Buchan
REO-TCRandolph-233022
List Price
$525,000
Sold Price
$485,000
Premium/Discount to List
-$40,000
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Nov 27, 2000

Purchase Details

Closed on
Sep 1, 2000
Source: Public Records

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 Buyer Sale Price Title Company
-- -- --
-- $485,000 --
-- -- --
-- $280,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2015 08/26/15 Sold $485,000 -7.6% $359 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
05/09/2015 05/09/15 For Sale $525,000 -- $389 / 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 $6,553 $350,200 $0 $0
2024 $4,411 $314,700 $0 $0
2023 $4,221 $247,100 $0 $0
2022 $5,877 $220,600 $0 $0
2021 $5,796 $247,100 $0 $0
2020 $5,694 $231,400 $0 $0
2019 $5,722 $222,400 $0 $0
2018 $5,585 $207,300 $0 $0
2017 -- $205,500 $0 $0
2016 -- $200,200 $0 $0
2014 -- $164,200 $0 $0
2012 -- $162,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1799316

Northern Great Lakes REALTORS® MLS

APN: 03-103-042-00