NOT LISTED FOR SALE

3318 Mahoney Dr Traverse City, MI 49696

Estimated Value: $351,403 - $499,000

2 Beds
1 Bath
1,632 Sq Ft
$253/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $170,000 $104 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,529/month

47 Days on Market

Highlights

  • 1.1 Acre Lot
  • Ranch Style House
  • Patio
  • Courtade Elementary School Rated A-
  • Attached Garage
  • Garden

About This Home

As of August 2017

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 the interior of the one apartment. Vinyl sided, 1.5 car attached garage on each side, roof approximately new 2015, newer well pump & right 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: 06/25/2017

Last Buyer's Agent

Ken Kleinrichert

@properties Christie's Int'l License #6506042006

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,268

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

  • 1,632 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Attached Garage
  • Assigned Parking

Utilities

  • Well
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Washer and Dryer Hookup
  • Patio

Listing and Financial Details

  • Rent includes water, sewer

Community Details

Overview

  • 2 Units
  • Mahoney/Hammond Rd Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,268

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, Dishwasher, Electric Water Heater
  • Interior Amenities: Laundry Hook-Up
  • Range: R 10W
  • Total Finished Sf Apx: 1632

Exterior Features

  • Exterior Features: Patio, Garden Area
  • Exterior Finish: Vinyl Siding
  • Foundation: Slab
  • Number Of Acres: 1.1
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: One Car, Assigned Parking Spaces, Garage For Each Unit, Attached, Concrete Floors

Utilities

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

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Mahoney/Hammond Rd

Lot Info

  • Lot Dimensions: 150'x320'
  • Zoning Use Restrictions: Residential, Multi-Family, Outbuildings Allowed

Rental Info

  • Included In Lease: Water, Sewer

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
Jun 25, 2017
Closed on
Aug 18, 2017
Sold by
Centilli Randy L
Bought by
Anderson Joshua L and Anderson Leeann K
Seller's Agent
Carol Franklin
BAYSHORE GROUP REALTY
Buyer's Agent
Ken Kleinrichert
@properties Christie's Int'l
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$413,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,101
Avg. Annual Appreciation
11.44%

Purchase Details

Closed on
Jun 3, 2014

Purchase Details

Closed on
Jan 17, 2013

Purchase Details

Closed on
Mar 26, 2001

Purchase Details

Closed on
Jun 25, 1991

Purchase Details

Closed on
Aug 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
Anderson Joshua L $170,000 --
-- -- --
-- -- --
-- -- --
-- $6,500 --
-- $13,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2017 08/18/17 Sold $170,000 0.0% $104 / Sq Ft
08/18/2017 08/18/17 Sold $170,000 0.0% $104 / Sq Ft View Prior Sale
08/11/2017 08/11/17 Pending -- -- --
08/10/2017 08/10/17 Pending -- -- --
08/08/2017 08/08/17 Off Market $170,000 -- --
06/25/2017 06/25/17 For Sale $179,900 0.0% $110 / Sq Ft
05/05/2017 05/05/17 For Sale $179,900 -- $110 / 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 $4,268 $147,900 $0 $0
2024 $3,431 $136,400 $0 $0
2023 $3,276 $94,100 $0 $0
2022 $3,845 $108,500 $0 $0
2021 $3,715 $94,100 $0 $0
2020 $3,655 $94,400 $0 $0
2019 $3,638 $85,200 $0 $0
2018 $3,552 $78,800 $0 $0
2017 -- $77,600 $0 $0
2016 -- $76,500 $0 $0
2014 -- $84,200 $0 $0
2012 -- $81,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1823986

Northern Great Lakes REALTORS® MLS

APN: 03-386-012-00