NOT LISTED FOR SALE

3261 Tibbets Dr Traverse City, MI 49696

Estimated Value: $547,000 - $637,000

4 Beds
3 Baths
2,750 Sq Ft
$211/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $254,000 $92 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,389/month

18 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 16 Feet of Waterfront
  • Deck
  • Courtade Elementary School Rated A-
  • 1.16 Acre Lot
  • Contemporary Architecture

About This Home

As of October 2017

Recreational delight! This is a spacious family home perfect for the outdoor enthusiast with endless possibilities. Surrounded by over an acre of green space with a shared easement to access Tibbets Lake for kayaking, fishing, or lazy days on the water. Fresh paint, over-sized rooms, optional first floor laundry and many windows throughout for natural light. Walk-out lower level can easily be converted to a separate living area for guests, teens or rental income. Year round recreation awaits you, only one mile to several parks and trails including GraceMacdonald park.

Last Agent to Sell the Property

Jill Little

REO-TCRandolph-233022 License #6501294073 Listed on: 08/17/2017

REO-TCRandolph-233022

Last Buyer's Agent

Gary Roberts

RE/MAX Bayshore License #6?5?0?6?0?4?1?2?3?0

RE/MAX Bayshore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,016

Year Built

  • Built in 1997

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 163x324x128x283
  • 16 Feet of Waterfront
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • 1.5-Story Property
  • Wood Foundation
  • Poured Concrete
  • Fire Rated Drywall
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Seasonal Views
  • Washer

Kitchen

  • Cooktop
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

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

Parking

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • No Wake Zone
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Mineral Rights

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,016

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Ranch, Contemporary
  • Estimated Year Built: 1997
  • Construction: 2x6 Framing
  • Private Shared: Shared
  • Univs Design Barrier Free: Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Washer, Cook Top, Blinds, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Vaulted Ceilings, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 18.10x13.9, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.9x12.8, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13.3x12.4, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 18.10x11.6, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 27.2x19.8, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12.7x10.7, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 18x15, On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 2750

Exterior Features

  • Body Of Water: Tibbets Lake
  • Exterior Features: Deck, Patio, Sidewalk, Covered Porch, Seasonal View, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Poured Concrete, Wood, Egress Windows, Full Finished
  • Number Of Acres: 1.16
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt
  • Water Features: Deeded Easement, No Wake
  • Waterfront Frontage: 16

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 9.7x7.10, On Level: Lower Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Lot Info

  • Percent Open: 50
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Evergreens, Level, Rolling
  • Lot Dimensions: 163X324X128X283
  • Mineral Rights: Yes
  • Parcel Description: Metes and Bounds
  • Percent Wooded: 50
  • Zoning Use Restrictions: Residential, Forest/Recreational

Tax Info

  • Summer Taxes: 3501
  • Winter Taxes: 764

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2017
Closed on
Oct 13, 2017
Sold by
John Militello
Bought by
Wallace
Seller's Agent
Jill Little
REO-TCRandolph-233022
Buyer's Agent
Gary Roberts
RE/MAX Bayshore
List Price
$264,500
Sold Price
$254,000
Premium/Discount to List
-$10,500
-3.97%
Current Estimated Value
$580,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,623
Avg. Annual Appreciation
10.83%

Purchase Details

Closed on
Jun 28, 2004

Purchase Details

Closed on
Mar 24, 1999
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
Wallace $254,000 --
-- $278,000 --
-- $189,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2017 10/16/17 Sold $254,000 -4.0% $92 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
08/17/2017 08/17/17 For Sale $264,500 -- $96 / 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 $4,016 $239,900 $0 $0
2024 $2,703 $216,400 $0 $0
2023 $2,587 $150,400 $0 $0
2022 $3,602 $163,400 $0 $0
2021 $3,476 $150,400 $0 $0
2020 $3,415 $143,100 $0 $0
2019 $5,712 $131,000 $0 $0
2018 $5,576 $123,700 $0 $0
2017 -- $121,000 $0 $0
2016 -- $116,300 $0 $0
2014 -- $103,400 $0 $0
2012 -- $89,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1837294

Northern Great Lakes REALTORS® MLS

APN: 03-234-008-05