NOT LISTED FOR SALE

3340 Tibbets Dr Traverse City, MI 49696

East Bay Area

Estimated Value: $405,000 - $492,180

3 Beds
1.5 Baths
1,200 Sq Ft
$378/Sq Ft Est. Value

Sale Details

Date Sold: May 26, 2022

Last sale price $350,000 $292 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,011 / mo

9 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Ranch Style House
  • Courtade Elementary School Rated A-
  • Wooded Lot
  • Mud Room

About This Home

As of May 2022

Great location on the East side of Tibbets Lake, a No Wake inland lake. Mostly wooded lot elevated slightly from the lake for a great view that could be better with the removal of a few trees. Close to Traverse City, Williamsburg, Grand Traverse Resort, Meijers, VASA Trail, State Land and so much more. Just minutes from Peegio's restaurant! The home has not been updated/renovated so make it your own. Will need work but has great potential. Newer concrete driveway. All offers will be reviewed on 5/23. Seller reserves the right to accept an offer prior to 5/23.

Last Agent to Sell the Property

Ben Croftchik

REO - Elk Rapids-101308 Listed on: 05/11/2022

REO - Elk Rapids-101308

Last Buyer's Agent

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917

Berkshire Hathaway Homeservices - TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 1958

Lot Details

  • 17,424 Sq Ft Lot
  • Private Waterfront
  • 100 Feet of Waterfront
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Fixer Upper
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Paneling
  • Fireplace
  • Mud Room
  • Entrance Foyer
  • Water Views
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • No Wake Zone

Utilities

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

Community Details

  • 2Nd Tibbets Lake Addition Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,321

Year Built

Built in 1958

Lot Details

0.4 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1958
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Water Softener Owned, Washer, Dryer, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Pantry, Fixer-Upper, Mud Room, Paneling
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13'4x11'8, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10'7x13'3, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 16'3x10', On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 11'5x12'10, On Level: Main Floor, Flooring: Carpet
  • Living Room: Dimensions: 16'8x15'5, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 10x14, On Level: Main Floor, Flooring: Concrete
  • Range: R 10W
  • Total Finished Sf Apx: 1200

Exterior Features

  • Body Of Water: Tibbets Lake
  • Exterior Features: Sidewalk
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Lake Size: 33 acres
  • Number Of Acres: 0.4
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Gradual Slope to Water, Private Lake, No Wake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Concrete, Private
  • Garage Capacity: 1
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 9'x4', On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: 2nd Tibbets Lake Addition

Lot Info

  • Lot Number: 15
  • Percent Open: 40
  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level, Sloping
  • Lot Dimensions: Lot 15 2nd Tibbets Lake
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Percent Wooded: 60
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1588.26
  • Total Taxes: 2321.18
  • Winter Taxes: 732.92
  • Year Winter: 2021

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
May 26, 2022
Sold by
Bought by
Seller's Agent
Ben Croftchik
REO - Elk Rapids-101308
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$250,000
Sold Price
$350,000
Premium/Discount to List
$100,000
40%
Current Estimated Value
$453,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,295
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Jun 4, 2004

Purchase Details

Closed on
Jul 12, 1997

Purchase Details

Closed on
Feb 15, 1985
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 --
$185,000 --
-- --
$38,900 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $350,000 +40.0% $292 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $250,000 -- $208 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $6,740 $211,000 $0 $0
2025 $5,423 $204,600 $0 $0
2024 $5,274 $184,200 $0 $0
2023 $5,035 $113,500 $0 $0
2022 $3,993 $121,900 $0 $0
2021 $2,300 $113,500 $0 $0
2020 $2,259 $101,100 $0 $0
2019 $2,196 $95,800 $0 $0
2018 $2,143 $90,500 $0 $0
2017 -- $89,500 $0 $0
2016 -- $85,600 $0 $0
2014 -- $75,400 $0 $0
2012 -- $77,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Ben Croftchik

    Real Estate One

    (231) 264-8581

    11 Total Sales

    Ben Croftchik
    Section Image
  • Ken Weaver

    Buyer's Agent in 2022

    Ken Weaver

    Berkshire Hathaway Homeservices - TC

    (231) 668-6303

    85 Total Sales

    Ken Weaver
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1899544

Northern Great Lakes REALTORS® MLS

APN: 03-710-015-00

Michigan Grand Traverse County Traverse City 49696

3340 Tibbets Dr, Traverse City, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.