NOT LISTED FOR SALE

3242 Tibbets Dr Traverse City, MI 49696

Estimated Value: $421,000 - $524,000

2 Beds
2 Baths
1,210 Sq Ft
$383/Sq Ft Est. Value

Last Sold February 17, 2020

Last sale price $265,000 $219 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,706/month

5 Days on Market

Highlights

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

About This Home

As of February 2020

Water Front home on Tibbets Lake just a short drive from downtown Traverse City! Charming 2 bedroom home with plenty of updates including a newer wood burning stove and fresh paint throughout. Great water views from the main living room and deck make this an ideal up north getaway! The master bedroom has its own private bath and deck for total privacy. Newer landscaping lines the stairs down to the home and the 20x40 garage has plenty of space for all your toys. Enjoy the beach and fire pit as well as a dock, making this the perfect summer getaway! While this is the homeowners primary residence they have had great success with using it as a vacation rental as well. Would make a great investment!

Last Agent to Sell the Property

Jessica Williams

Coldwell Banker Schmidt-522 License #6501406911 Listed on: 01/15/2020

Coldwell Banker Schmidt-522

Co-Listed By

Ben Williams

Five Star Real Estate - Front St TC License #6501387197

Last Buyer's Agent

Catherine Bristol

Keller Williams Northern Michigan License #6501377645

Keller Williams Northern Michigan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 1962

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 88x283x99x72x348
  • Private Waterfront
  • 88 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 1,210 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Blinds
  • Bay Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Deck

Schools

  • Courtade Elementary School
  • Traverse City East Middle School
  • Central High School

Utilities

  • Baseboard Heating
  • Well
  • Tankless Water Heater
  • Water Heated On Demand
  • Cable TV Available

Community Details

  • Pinewood Shores Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,194

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1962
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1962
  • Year Renovated: 2012

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Blinds, Electric Water Heater, On Demand Water Heater, Smoke Alarms(s)
  • Interior Amenities: Granite Kitchen Tops, Island Kitchen, Vaulted Ceilings, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 14'10x12'9, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11'8x10'2, On Level: Main Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: No
  • Dining Room: Dimensions: 11x11, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 15x10, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 21x17, On Level: Main Floor, Flooring: Wood
  • Range: R 10W
  • Total Finished Sf Apx: 1210

Exterior Features

  • Additional Buildings: Secondary Garage(s)
  • Body Of Water: Tibbets Lake
  • Exterior Features: Bay View, Deck, Landscaped
  • Exterior Finish: Cement Board
  • Foundation: Slab
  • Number Of Acres: 0.63
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water, Available for Purchase, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 88

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 4
  • Primary Garage: Detached, Door Opener, Paved Driveway, Concrete Floors, Pole Construction

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Baseboard
  • Laundry: Dimensions: 3x3, On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Pinewood Shores

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Sloping
  • Lot Dimensions: 88x283x99x72x348
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Green Features

  • Renewable: Tankless Water Heater

MLS Schools

  • Elementary School: Courtade Elementary 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
Jan 15, 2020
Closed on
Feb 14, 2020
Sold by
Seth Farran
Bought by
Kyle Tayler and Kyle Margaret Tayler
Seller's Agent
Jessica Williams
Coldwell Banker Schmidt-522
Buyer's Agent
Catherine Bristol
Keller Williams Northern Michigan
List Price
$259,900
Sold Price
$265,000
Premium/Discount to List
$5,100
1.96%
Current Estimated Value
$463,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,991
Avg. Annual Appreciation
10.33%

Purchase Details

Listed on
Sep 16, 2014
Closed on
Nov 21, 2014
Seller's Agent
Lauren Prentice
Classic Real Estate
Buyer's Agent
Steve Damman
Century 21 Northland
List Price
$189,900
Sold Price
$182,000
Premium/Discount to List
-$7,900
-4.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Jun 17, 2011
Source: Public Records

Range of Values:

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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
Kyle Tayler $265,000 --
-- $182,000 --
-- $120,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/17/2020 02/17/20 Sold $265,000 +2.0% $219 / Sq Ft
01/20/2020 01/20/20 For Sale $259,900 0.0% $215 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $259,900 +42.8% $215 / Sq Ft
11/21/2014 11/21/14 Sold $182,000 -4.2% $150 / Sq Ft View Prior Sale
10/06/2014 10/06/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $189,900 -- $157 / 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 $3,194 $184,700 $0 $0
2024 $2,150 $166,100 $0 $0
2023 $2,057 $104,100 $0 $0
2022 $2,865 $111,200 $0 $0
2021 $2,765 $104,100 $0 $0
2020 $2,094 $92,600 $0 $0
2019 $2,104 $90,900 $0 $0
2018 $2,054 $84,200 $0 $0
2017 -- $84,000 $0 $0
2016 -- $80,200 $0 $0
2014 -- $57,200 $0 $0
2012 -- $57,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1871001

Northern Great Lakes REALTORS® MLS

APN: 03-700-008-00