NOT LISTED FOR SALE

390 Hobbs Hwy N Traverse City, MI 49696

Estimated Value: $295,000 - $318,865

1 Bed
1 Bath
674 Sq Ft
$452/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $225,000 $334 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,865/month

20 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Courtade Elementary School Rated A-
  • Private Dock
  • Cathedral Ceiling

About This Home

As of May 2021

Happy Bright Peaceful Cheerful Clean Waterfront Cottage! Time to make beautiful memories at this charming private lakefront cottage on Indian Lake, 10 miles from Traverse City! Surrounded by scented pines and lake views. Canoe, kayak, fish, watch the wildlife....unwind. Features T&G paneling, shining custom flooring, wood burning fireplace, vintage kitchen, and bright clean simplicity throughout. Ready to enjoy this summer!.

Last Agent to Sell the Property

Steve Cavender

Keller Williams Northern Michigan License #6501386498 Listed on: 04/30/2021

Keller Williams Northern Michigan

Last Buyer's Agent

Ryan Muntin

Lake Homes Realty, LLC License #6501425816

Lake Homes Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 51x100
  • Private Waterfront
  • 51 Feet of Waterfront
  • Property fronts an easement
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 674 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Blinds
  • Rods
  • Water Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Private Dock

Schools

  • Courtade Elementary School
  • Traverse City East Middle School
  • Central High School

Utilities

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

Community Details

  • Wildwood Park Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,512

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Percent Of Remodel: 95
  • Estimated Year Built: 1950
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950
  • Year Renovated: 2018

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Blinds, Curtain Rods, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Beamed Ceilings
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 15'6"x9'7", On Level: Main Floor, Flooring: Tile
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 9' 6"x15' 6", On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 18' 11x13' 7", On Level: Main Floor, Flooring: Tile
  • Range: R 10W
  • Total Finished Sf Apx: 674

Exterior Features

  • Body Of Water: Indian Lake
  • Exterior Finish: Wood
  • Foundation: Slab
  • Lake Size: 57 acres
  • Number Of Acres: 0.15
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Private Dock, Soft Bottom, Gradual Slope to Water, Vegetation to Water Edge, Private Lake
  • Waterfront Frontage: 51

Garage/Parking

  • Driveway: Gravel, Easement, Private

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Wall
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Wildwood Park

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level
  • Lot Dimensions: 51x100
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Green Features

  • Renewable: Tankless Water Heater

Tax Info

  • Summer Taxes: 2078.74
  • Total Taxes: 2512.01
  • Winter Taxes: 434.01
  • Year Winter: 2020

MLS Schools

  • Elementary School: Courtade Elementary School
  • HighSchool: Central High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City East Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2018
Closed on
Nov 8, 2018
Sold by
Stephen Cavender
Bought by
Wingerter Ericka
Seller's Agent
Steve Cavender
Keller Williams Northern Michigan
Buyer's Agent
Steve Cavender
Keller Williams Northern Michigan
List Price
$159,500
Sold Price
$140,000
Premium/Discount to List
-$19,500
-12.23%
Current Estimated Value
$304,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,966
Avg. Annual Appreciation
11.82%

Purchase Details

Closed on
Aug 23, 2007
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
Wingerter Ericka $140,000 --
-- $71,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2021 05/25/21 Sold $225,000 +19.0% $334 / Sq Ft
04/30/2021 04/30/21 For Sale $189,000 +35.0% $280 / Sq Ft
11/08/2018 11/08/18 Sold $140,000 -9.4% $208 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Price Changed $154,500 -3.1% $229 / Sq Ft
08/16/2018 08/16/18 For Sale $159,500 -- $237 / 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 $3,216 $109,400 $0 $0
2024 $2,586 $99,200 $0 $0
2023 $2,468 $60,200 $0 $0
2022 $2,897 $64,900 $0 $0
2021 $2,367 $60,200 $0 $0
2020 $2,328 $52,600 $0 $0
2019 $2,318 $51,400 $0 $0
2018 $1,353 $51,900 $0 $0
2017 -- $50,700 $0 $0
2016 -- $48,100 $0 $0
2014 -- $28,600 $0 $0
2012 -- $29,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1886748

Northern Great Lakes REALTORS® MLS

APN: 03-780-029-53