NOT LISTED FOR SALE

3294 Mahoney Dr Traverse City, MI 49696

Estimated Value: $334,253 - $496,000

2 Beds
1 Bath
1,632 Sq Ft
$247/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $160,000 $98 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $2,472/month

202 Days on Market

Highlights

  • 1.1 Acre Lot
  • Countryside Views
  • Ranch Style House
  • Courtade Elementary School Rated A-
  • Deck
  • Shed

About This Home

As of January 2018

Affordable duplex, always rented, 10 minutes into TC, county maintained road, low carry costs, private well & septic, 1-acre parcel, concrete drives & patios -- owner moved out of area & doesn't want to be a long distance landlord! Full price offer includes a $5000 updating allowance for some deferred maintenance items. Left side unit was remodeled within last few years. Tenants pay for their own electricity, garbage pickup, lawn & snow removal. Owner covers heat & has high efficiency natural gas boiler hot water heat & runs approx $80/month in the winter (that includes both units). All tenants are currently on a month-to-month basis.

Last Agent to Sell the Property

Carol Franklin

BAYSHORE GROUP REALTY License #6502364792 Listed on: 11/26/2017

Last Buyer's Agent

Rodger McCain

REO-TCFront-233021 License #6501295917

REO-TCFront-233021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1990

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 150'x320'
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Ranch Style House
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • Countryside Views
  • Oven or Range
  • Washer and Dryer Hookup

Parking

  • Over 1 Space Per Unit
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Deck
  • Shed

Utilities

  • Shared Well
  • Well
  • Electric Water Heater
  • Shared Septic
  • Cable TV Available

Listing and Financial Details

  • Rent includes heating/cooling

Community Details

Overview

  • 2 Units
  • Mahoney/Supply Rd Community

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,220

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (Side X Side)
  • Style: Duplex, Ranch, 1 Story
  • Estimated Year Built: 1990
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1990

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Electric Water Heater
  • Interior Amenities: Laundry Hook-Up, Drywall
  • Range: R 10W
  • Total Finished Sf Apx: 1632

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Sidewalk, Countryside View, Garden Area
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 1.1
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Assigned Parking Spaces, Over 1 Space Per Unit, Paved Driveway

Utilities

  • Sewer: Private Septic, Shared Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet, Wifi
  • Water: Private Well, Shared Well
  • Heating Cooling Type: Hot Water

Association/Amenities

  • Development Amenities: Pets Allowed, Common Area
  • Development Name: MAHONEY/SUPPLY RD

Lot Info

  • Lot Dimensions: 150'x320'
  • Zoning Use Restrictions: Residential

Rental Info

  • Included In Lease: Heating/Cooling

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2017
Closed on
Jan 18, 2018
Sold by
Centilli Randy L
Bought by
Stretten Elvin L and Stretten Elvin L Te
Seller's Agent
Carol Franklin
BAYSHORE GROUP REALTY
Buyer's Agent
Rodger McCain
REO-TCFront-233021
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$403,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,063
Avg. Annual Appreciation
12.61%

Purchase Details

Closed on
Jun 3, 2014

Purchase Details

Closed on
Jan 17, 2013

Purchase Details

Closed on
Apr 11, 2001

Purchase Details

Closed on
Mar 26, 2001
Bought by
Stretten Elvin L and Stretten Elvin L

Purchase Details

Closed on
Jun 21, 1990
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
Stretten Elvin L $160,000 --
-- -- --
-- -- --
-- -- --
Stretten Elvin L $160,000 --
-- $6,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2018 01/18/18 Sold $160,000 0.0% $98 / Sq Ft
01/18/2018 01/18/18 Sold $160,000 -5.8% $98 / Sq Ft View Prior Sale
08/21/2017 08/21/17 For Sale $169,900 +6.2% $104 / Sq Ft
08/08/2017 08/08/17 Off Market $160,000 -- --
07/01/2017 07/01/17 For Sale $169,900 +6.2% $104 / Sq Ft
06/28/2017 06/28/17 Off Market $160,000 -- --
06/25/2017 06/25/17 For Sale $169,900 0.0% $104 / Sq Ft
05/05/2017 05/05/17 For Sale $169,900 -- $104 / 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 $4,220 $135,400 $0 $0
2024 $3,393 $124,900 $0 $0
2023 $3,239 $87,600 $0 $0
2022 $3,802 $100,300 $0 $0
2021 $3,674 $87,600 $0 $0
2020 $3,615 $87,900 $0 $0
2019 $3,598 $79,800 $0 $0
2018 $2,539 $71,900 $0 $0
2017 -- $70,800 $0 $0
2016 -- $69,900 $0 $0
2014 -- $83,200 $0 $0
2012 -- $81,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1823987

Northern Great Lakes REALTORS® MLS

APN: 03-386-011-00