NOT LISTED FOR SALE

3978 N Spider Lake Rd Traverse City, MI 49696

Estimated Value: $563,457 - $698,000

3 Beds
2 Baths
1,428 Sq Ft
$448/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $280,000 $196 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,076/month

392 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 95 Feet of Waterfront
  • Sandy Beach
  • Courtade Elementary School Rated A-
  • Private Dock
  • Craftsman Architecture

About This Home

As of June 2016

Updated 3 BR, 2 Bath Spider Lake home with an open floor plan, sandy beach, deep wooded lot and one of the nicest spots on the lake. This home works great for a year round home, cottage or vacation rental property. Updates include new roof (including trusses), mechanicals, plumbing, wiring, siding and windows in 2005. Almost 100 feet of prime south facing beach and some of the best fishing on the lake. Spider Lake is an all sports lake located only 10 miles from downtown Traverse City. Hard to find almost new lakefront home this close to town.

Last Agent to Sell the Property

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 05/26/2015

Berkshire Hathaway Homeservices - TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,111

Year Built

  • Built in 1955

Lot Details

  • 0.4 Acre Lot
  • 95 Feet of Waterfront
  • Sandy Beach
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Great Room
  • Countryside Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

Overview

  • Arbutus Triangle Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,111

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Craftsman, 1 Story
  • Percent Of Remodel: 100
  • Estimated Year Built: 1955
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 3
  • Year Updated: 2005
  • Year Renovated: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Oven/Range, Dishwasher, Microwave, Ceiling Fan
  • Interior Amenities: Skylights, Cathedral Ceilings, Walk-In Closet(s), Pantry, Great Room, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14x12
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 17x17
  • Living Room: Dimensions: 28x12
  • Estimated Above Ground Finished Sq Ft: 1428
  • Price Per Sq Ft: 196.08
  • Range: R 14E
  • Total Finished Sf Apx: 1428

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Spider Lake
  • Exterior Features: Deck, Countryside View
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 0.4
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Private Dock, Sandy Bottom
  • Waterfront Frontage: 95

Garage/Parking

  • Driveway: Gravel

Utilities

  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Arbutus Triangle

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: irregular
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Rental History

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2015
Closed on
Jun 22, 2016
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$639,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,114
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Nov 12, 2008

Purchase Details

Closed on
Sep 23, 2004
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
-- $280,000 --
-- $269,500 --
-- $165,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2016 06/22/16 Sold $280,000 -6.6% $196 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
05/26/2015 05/26/15 For Sale $299,900 -- $210 / 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 $7,111 $274,600 $0 $0
2024 $5,717 $234,000 $0 $0
2023 $5,458 $165,500 $0 $0
2022 $6,406 $163,100 $0 $0
2021 $6,191 $165,500 $0 $0
2020 $6,091 $151,200 $0 $0
2019 $6,063 $140,700 $0 $0
2018 $5,919 $131,300 $0 $0
2017 -- $129,600 $0 $0
2016 -- $123,400 $0 $0
2014 -- $115,100 $0 $0
2012 -- $111,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1800327

Northern Great Lakes REALTORS® MLS

APN: 03-520-021-00