NOT LISTED FOR SALE

400 Hobbs Hwy N Traverse City, MI 49696

Estimated Value: $664,000 - $878,317

3 Beds
3 Baths
3,360 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $337,000 $100 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $4,637/month

89 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 93 Feet of Waterfront
  • Spa
  • Courtade Elementary School Rated A-
  • Private Dock
  • Deck

About This Home

As of December 2015

If you love to entertain this is your next house! Large open kitchen, dramatic fireplace, hardwood floors and floor plan leads out to deck, jacuzzi and fire pit. Lovely water view complete with nesting loons, hummingbirds and geese. The small peaceful lake invites kayaks, canoes and fisherman. This home is so well maintained right down to the last detail. It's a private resort setting right in your own back yard just 15 minutes from down town Traverse City.

Last Agent to Sell the Property

Marilyn Taylor

EXIT Northern Shores-TC License #6501364305 Listed on: 08/12/2015

EXIT Northern Shores-TC

Last Buyer's Agent

Andy Stireman

Coldwell Banker Schmidt Traver License #6501239377

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,211

Year Built

  • Built in 2004

Lot Details

  • 0.35 Acre Lot
  • 93 Feet of Waterfront
  • Sloped Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3,360 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Loft
  • Game Room
  • Water Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,211

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2004
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2004
  • Year Renovated: 2012

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Hot Tub, Cook Top, Ceiling Fan
  • Interior Amenities: Jetted Tub, Foyer Entrance, Walk-In Closet(s), Loft, Granite Kitchen Tops, Island Kitchen, Great Room, Game Room, Vaulted Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 18.00x14.00, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.04x14.02, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14.00x11.05, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 24.02xcombo
  • Family Room: Dimensions: 22.02x20.03, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 16.02x24.03, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 24.03x16.03, On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 3360

Exterior Features

  • Body Of Water: Indian Lake
  • Exterior Features: Deck, Covered Porch
  • Exterior Finish: Vinyl, Stone
  • Foundation: Crawl Space, Poured Concrete
  • Number Of Acres: 0.35
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, Water View, Private Dock
  • Waterfront Frontage: 93

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 10.00x10.00, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Sloping
  • Lot Dimensions: 29+
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • 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
Aug 12, 2015
Closed on
Dec 22, 2015
Seller's Agent
Marilyn Taylor
EXIT Northern Shores-TC
Buyer's Agent
Andy Stireman
Coldwell Banker Schmidt Traver
List Price
$375,000
Sold Price
$337,000
Premium/Discount to List
-$38,000
-10.13%
Current Estimated Value
$803,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,079
Avg. Annual Appreciation
9.21%

Purchase Details

Listed on
May 31, 2012
Closed on
Oct 30, 2012
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Marilyn Taylor
EXIT Northern Shores-TC
List Price
$224,900
Sold Price
$212,500
Premium/Discount to List
-$12,400
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%

Purchase Details

Listed on
May 31, 2012
Closed on
Oct 29, 2012
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Marilyn Taylor
EXIT Northern Shores-TC
List Price
$224,900
Sold Price
$212,500
Premium/Discount to List
-$12,400
-5.51%
Source: Public Records

Range of Values:

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Average Value
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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
-- $337,000 --
-- $212,500 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2015 12/22/15 Sold $337,000 -10.1% $100 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $375,000 +76.5% $112 / Sq Ft
11/01/2012 11/01/12 Sold $212,500 -5.5% $63 / Sq Ft View Prior Sale
07/06/2012 07/06/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $224,900 -- $67 / 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 $5,211 $397,200 $0 $0
2024 $3,508 $356,200 $0 $0
2023 $3,356 $215,200 $0 $0
2022 $4,673 $232,900 $0 $0
2021 $4,511 $215,200 $0 $0
2020 $4,431 $190,000 $0 $0
2019 $4,453 $183,700 $0 $0
2018 $4,346 $167,800 $0 $0
2017 -- $164,700 $0 $0
2016 -- $155,800 $0 $0
2014 -- $130,400 $0 $0
2012 -- $128,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1804963

Northern Great Lakes REALTORS® MLS

APN: 03-780-029-51