NOT LISTED FOR SALE

368 Water Watch Ln Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $1,017,000 - $1,108,453

3 Beds
3 Baths
3,893 Sq Ft
$274/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $529,000 $136 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $7,346/month

214 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 500 Feet of Waterfront
  • Lake Privileges
  • Central High School Rated A-
  • Bay View
  • Deck

About This Home

As of March 2018

Hard to find… Old Mission Peninsula Condo with spectacular bay views and shared water frontage too! Located just minutes from Downtown Traverse City and is located on a quiet Cul De Sac at the top of Underwood Farms. This beautiful, well maintained condominium offers an open floor plan, newly updated large kitchen with NEW stainless appliances, main floor living, lots of windows to enjoy the view, gas stone fireplace, cathedral ceiling, generous master suite with TWO walk-in closets, wonderful main floor laundry with an activity center, 2 car garage, 2 decks & lower level patio, and a spacious lower level for guest, entertaining and even room for an in home gym, plus lots of storage space. The association takes care of many exterior maintenance items allowing you to enjoy the water frontage, restaurants & shopping downtown Traverse City, wineries and the nearby Pelizzari Natural Area.

Last Agent to Sell the Property

Ron Williamson

CENTURY 21 Northland License #6501205040 Listed on: 07/10/2017

CENTURY 21 Northland

Last Buyer's Agent

Ron Williamson

CENTURY 21 Northland License #6501205040 Listed on: 07/10/2017

CENTURY 21 Northland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • 500 Feet of Waterfront
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $588 Monthly HOA Fees

Property Views

  • Bay Views
  • Countryside Views

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 3,893 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Game Room
  • Home Gym

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway

Accessible Home Design

  • Minimal Steps

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Ground Level Unit
  • Property is near a Great Lake

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Natural Gas Water Heater
  • Shared Septic
  • Community Sewer or Septic
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal, trash removal
  • Underwood Farms Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1999
  • Construction: 2x6 Framing, Frame
  • Private Shared: Shared
  • Section Number: 36
  • Univs Design Barrier Free: Extra Wide Hallways, Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1999

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Granite Kitchen Tops, Island Kitchen, Mud Room, Great Room, Exercise Room, Game Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 18'2"x14'2", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11'8"x16'2", On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 16'1"x13'5", On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 10'2"x17'5", On Level: Upper Floor, Flooring: Carpet
  • Family Room: Dimensions: 17'8"x21', On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14'7"x12'8", On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 21'x17'7", On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 29'3"x17'5", On Level: Lower Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2296
  • Estimated Below Grade Finished Sq Ft: 1597
  • Estimated Below Grade Unfinished Sq Ft: 699
  • Price Per Sq Ft: 135.88
  • Range: R 10W
  • Total Finished Sf Apx: 3893

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Sprinkler System, Deck, Patio, Countryside View, Covered Porch, Landscaped, Gutters
  • Exterior Finish: Cement Board
  • Foundation: Full, Walkout, Poured Concrete, Finished Rooms, Plumbed for Bath
  • Road: Association, Blacktop, Cul-de-Sac, Privately Maintained
  • Roof: Asphalt
  • Water Features: All Sports, Great Lake, Bay View
  • Waterfront Frontage: 500

Garage/Parking

  • Driveway: Blacktop, Shared
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air, Humidifier
  • Laundry: Dimensions: 13'6"x8'1", On Level: Main Floor, Flooring: Tile
  • Sewer: Development Septic, Shared Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Trash Removal
  • Annual Association Fees: 7056
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Amenities: Community Dock, Lake Privileges
  • Development Name: Underwood Farms

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 4
  • Deeded Waterfront: Yes
  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Deed Restrictions, Building-Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2017
Closed on
Mar 23, 2018
Sold by
Lizenby James R
Bought by
Straebel James and Straebel Sue
Seller's Agent
Ron Williamson
CENTURY 21 Northland
Buyer's Agent
Ron Williamson
CENTURY 21 Northland
List Price
$549,000
Sold Price
$529,000
Premium/Discount to List
-$20,000
-3.64%
Current Estimated Value
$1,067,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,863
Avg. Annual Appreciation
9.86%
Source: Public Records

Range of Values:

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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
Straebel James $529,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2018 03/23/18 Sold $529,000 -3.6% $136 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
07/10/2017 07/10/17 For Sale $549,000 -- $141 / 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 -- $522,300 $0 $0
2024 -- $484,900 $0 $0
2023 -- $219,000 $0 $0
2022 $9,805 $229,930 $0 $0
2021 $9,805 $219,000 $0 $0
2020 $9,805 $219,000 $0 $0
2019 $8,049 $219,000 $0 $0
2018 $7,401 $219,000 $0 $0
2017 -- $219,000 $0 $0
2016 -- $219,000 $0 $0
2014 -- $208,500 $0 $0
2012 -- $208,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron Williamson

    Seller's Agent in 2018

    Ron Williamson

    CENTURY 21 Northland

    (866) 830-0473

    14 in this area

    84 Total Sales

    Ron Williamson
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1835247

Northern Great Lakes REALTORS® MLS

APN: 11-684-004-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

368 Water Watch Ln, Traverse City, MI

This home is located at 368 Water Watch Ln, Traverse City, MI 49686 since 10 July 2017 and is currently estimated at $1,067,863, approximately $274 per square foot. This property was built in 1999. 368 Water Watch Ln is a home located in Grand Traverse County with nearby schools including East Middle School and Central High School.

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 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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