NOT LISTED FOR SALE

332 Island View Dr Traverse City, MI 49696

Estimated Value: $553,000 - $785,000

2 Beds
1 Bath
864 Sq Ft
$761/Sq Ft Est. Value

Last Sold September 11, 2012

Last sale price $180,000 $208 Per Sq Ft

Est. 265% increase in value since last sale

Current estimated payment $3,856/month

12 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Elk Rapids High School Rated A-
  • Deck
  • Cottage

About This Home

As of September 2012

Classic knotty pine cottage on scenic all sports Island Lake. This well maintained cottage sets just feet from the sandy beach, overlooking the crystal clear water. Located only 11 miles from downtown Traverse City, yet nestled in the woods with access to thousands of acres of state land and easy access tp the world famous VASA trail. The home features a large lakeside deck and a wooded, level lot for easy beach access.

Last Agent to Sell the Property

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 07/27/2012

Berkshire Hathaway Homeservices - TC

Co-Listed By

Amy Green

REO-TCRandolph-233022 License #6501327055

Last Buyer's Agent

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 07/27/2012

Berkshire Hathaway Homeservices - TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,354

Year Built

  • Built in 1965

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 100x245x83x237
  • Private Waterfront
  • 100 Feet of Waterfront
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Private Driveway

Home Design

  • Cottage
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Bay Window
  • Water Views
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Public Water Access
  • Deck
  • Patio
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Space Heater
  • Heating System Mounted To A Wall or Window
  • Well
  • Cable TV Available

Community Details

Overview

  • Nickerson's Sub #1 Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,354

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1965
  • Construction: Timber Frame
  • Private Shared: Private
  • Section Number: 31
  • Year Renovated: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1965

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Bay Window(s)
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 10.5x10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 8x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Dining Room: Dimensions: comboxcombo, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: combox24.75, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 24xcombo, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 864
  • Price Per Sq Ft: 208.33
  • Total Finished Sf Apx: 864

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Island Lake
  • Exterior Features: Deck, Patio
  • Exterior Finish: Wood
  • Number Of Acres: 0.51
  • Road: Private Owned, Association, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Gradual Slope to Water, Near Pub.Access w/in 500'
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Private

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Space Heater, Wall
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: Nickerson's Sub #1

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 43
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: 100x245x83x237
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2012
Closed on
Sep 11, 2012
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$185,000
Sold Price
$180,000
Premium/Discount to List
-$5,000
-2.7%
Current Estimated Value
$657,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,685
Avg. Annual Appreciation
10.13%

Purchase Details

Closed on
Mar 27, 1998
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
-- $180,000 --
-- $116,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2012 09/11/12 Sold $180,000 -2.7% $208 / Sq Ft
08/08/2012 08/08/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $185,000 -- $214 / 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 $3,354 $445,500 $0 $0
2024 $2,322 $325,800 $0 $0
2023 $2,233 $153,200 $0 $0
2022 $2,979 $163,100 $0 $0
2021 $2,901 $153,200 $0 $0
2020 $2,684 $150,900 $0 $0
2019 $2,782 $140,700 $0 $0
2018 $4,768 $139,600 $0 $0
2017 -- $131,700 $0 $0
2016 -- $117,700 $0 $0
2014 -- $95,200 $0 $0
2012 -- $99,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1738217

Northern Great Lakes REALTORS® MLS

APN: 13-630-038-00