NOT LISTED FOR SALE

349 Peninsula Trail Traverse City, MI 49696

Estimated Value: $687,000 - $726,000

3 Beds
2 Baths
2,015 Sq Ft
$348/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $320,000 $159 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,398/month

50 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Courtade Elementary School Rated A-
  • Private Dock
  • Deck

About This Home

As of November 2016

All Sports Spider Lake is the setting for this charming 3 BR, 2 Bath waterfront home. Firm, sandy frontage with exceptional lake views from your deck, master bedroom and living room. Features include a deep wooded lot, nice detached 2+ car garage with workshop, large deck overlooking the lake, paved drive and road and many updates. The home features an open floor plan, mini loft, game room in the walkout lower level and fireplace. There is rental history for those looking for income. One of the best waterfront values in the region.

Last Agent to Sell the Property

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 09/17/2016

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Scott Hardy

Coldwell Banker Schmidt Traver License #6501306294

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,393

Year Built

  • Built in 1940

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 354 x 59
  • Private Waterfront
  • 59 Feet of Waterfront
  • Sandy Beach
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,015 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Game Room
  • Water Views
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Balcony
  • Deck
  • Patio
  • Shed

Utilities

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

Community Details

Overview

  • Arbutus Triangle Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,393

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1940
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 3
  • Year Updated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Water Softener Owned, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Great Room, Game Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12.5x9.5, On Level: Main Floor
  • Bedroom 2: Dimensions: 12x8, On Level: Main Floor
  • Bedroom 3: Dimensions: 13x9, On Level: Main Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room: Dimensions: 12x10, On Level: Main Floor
  • Family Room: Dimensions: 20x12.5, On Level: Main Floor
  • Kitchen: Dimensions: 20x10, On Level: Main Floor
  • Living Room: Dimensions: 22x14, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 1514
  • Estimated Below Grade Finished Sq Ft: 500
  • Estimated Below Grade Unfinished Sq Ft: 388
  • Price Per Sq Ft: 158.81
  • Range: R 13W
  • Total Finished Sf Apx: 2015

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Workshop
  • Body Of Water: Spider Lake
  • Exterior Features: Balcony, Deck, Patio
  • Exterior Finish: Wood
  • Foundation: Walkout, Block, Finished Rooms
  • Lake Size: Big
  • Number Of Acres: 0.5
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom
  • Waterfront Frontage: 59

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Detached

Utilities

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

Association/Amenities

  • Development Name: Arbutus Triangle

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: 354 x 59
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2016
Closed on
Nov 7, 2016
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Scott Hardy
Coldwell Banker Schmidt Traver
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%
Total Days on Market
50
Current Estimated Value
$690,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,737
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Jul 2, 2012

Purchase Details

Closed on
Aug 4, 2000
Source: Public Records

Range of Values:

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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
-- $320,000 --
-- $235,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2016 11/07/16 Sold $320,000 -3.0% $159 / Sq Ft
11/06/2016 11/06/16 Pending -- -- --
09/17/2016 09/17/16 For Sale $330,000 -- $164 / 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 $7,393 $278,000 $0 $0
2024 $5,944 $252,400 $0 $0
2023 $5,674 $173,000 $0 $0
2022 $6,660 $172,200 $0 $0
2021 $6,436 $173,000 $0 $0
2020 $6,332 $156,800 $0 $0
2019 $6,303 $147,100 $0 $0
2018 $6,153 $136,500 $0 $0
2017 -- $133,900 $0 $0
2016 -- $129,000 $0 $0
2014 -- $111,400 $0 $0
2012 -- $107,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1823289

Northern Great Lakes REALTORS® MLS

APN: 03-610-020-00