NOT LISTED FOR SALE

3469 Blackwood Dr Traverse City, MI 49686

Estimated Value: $403,540 - $489,000

4 Beds
2 Baths
1,920 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $225,000 $117 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,827/month

9 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Wood Siding
  • Courtade Elementary School Rated A-

About This Home

As of June 2020

Fantastic Income Property! Each side of the ranch style duplex includes a one car garage and unfinished basement. This unique opportunity is just 10 minutes east of downtown Traverse City. This home provides occupants with a quiet and peaceful setting in a cul de sac neighborhood of the Holiday Hills area. Both units are two bedroom, one bath, aprox. 960 sqft. each side - total of 1,920 sqft. All appliances are available plus individual washer/dryer hookups in the lower levels. Property can collect around $1100.00 per unit monthly in rent - with renters paying their own utilities. This listing has tons of potential - a wise investment at an affordable price.

Last Agent to Sell the Property

Matthew Dakoske

REMAX Bayshore - Union St TC License #6501148333 Listed on: 04/20/2020

REMAX Bayshore - Union St TC

Last Buyer's Agent

Jennifer Hastings

Key Realty One-TC License #6501391762

Key Realty One-TC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,719

Year Built

  • Built in 1979

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 147x271x151x249
  • The community has rules related to zoning restrictions

Home Design

  • 1,920 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • 2 Units
  • Sherwood Estates Community

Listing and Financial Details

  • Rent includes management fee

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,719

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (Side X Side)
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1979
  • Construction: Frame
  • Section Number: 13
  • Year Updated: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher
  • Interior Amenities: Laundry Hook-Up
  • Main Floor Primary: Yes
  • Price Per Sq Ft: 117.19
  • Range: R 10W
  • Total Finished Sf Apx: 1920

Exterior Features

  • Exterior Finish: Wood
  • Foundation: Block
  • Number Of Acres: 0.7
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Garage For Each Unit

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Unknown
  • Water: Private Well
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: Sherwood Estates

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Dimensions: 147x271x151x249
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Rental Info

  • Included In Lease: Management Fee

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
Jul 11, 2014
Closed on
Sep 5, 2014
Seller's Agent
Howard Vogel
Hearth Stone/Land & Homes
Buyer's Agent
Matthew Dakoske
REMAX Bayshore - Union St TC
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%
Current Estimated Value
$441,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,135
Avg. Annual Appreciation
10.10%

Purchase Details

Closed on
Apr 21, 2000

Purchase Details

Closed on
Jun 27, 1995
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
-- $150,000 --
-- -- --
-- $128,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $225,000 -6.2% $117 / Sq Ft
04/20/2020 04/20/20 For Sale $239,900 +59.9% $125 / Sq Ft
09/05/2014 09/05/14 Sold $150,000 -9.0% $78 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
07/11/2014 07/11/14 For Sale $164,900 -- $86 / 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 $5,719 $164,000 $0 $0
2024 $4,597 $145,600 $0 $0
2023 $4,389 $110,600 $0 $0
2022 $5,178 $119,100 $0 $0
2021 $5,010 $110,600 $0 $0
2020 $2,596 $110,500 $0 $0
2019 $2,580 $97,800 $0 $0
2018 $2,521 $78,600 $0 $0
2017 -- $67,700 $0 $0
2016 -- $68,100 $0 $0
2014 -- $64,300 $0 $0
2012 -- $73,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1873711

Northern Great Lakes REALTORS® MLS

APN: 01-613-166-00