NOT LISTED FOR SALE

Estimated Value: $432,875 - $543,000

3 Beds
3 Baths
1,575 Sq Ft
$302/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $170,000 $108 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $3,039/month

15 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating and Cooling System
  • 5-minute walk to Hannah Park
  • Central High School Rated A-

About This Home

As of October 2012

Nice, neat and clean conforming duplex located in the Central neighborhood in downtown Traverse City. Recent upgrades include newer roof, windows, siding, furnaces and new bedroom carpeting.

Last Agent to Sell the Property

Judy Robinson

Coldwell Banker Schmidt Traver License #6501211527 Listed on: 08/01/2012

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Robert Classens

Coldwell Banker Schmidt-522 License #6501263839

Coldwell Banker Schmidt-522

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,396

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • The community has rules related to zoning restrictions

Parking

  • Attached Garage

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,575 Sq Ft Home
  • 1.5-Story Property
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Space Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Hannah Lay & Co's 6 Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,396

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 1.5 Story
  • Estimated Year Built: 1900
  • Section Number: 4
  • Year Renovated: 2003
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Price Per Sq Ft: 107.94
  • Total Finished Sf Apx: 1575

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Finish: Vinyl Siding
  • Foundation: Partial
  • Number Of Acres: 0.15
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: One Car, Attached

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Space Heater

Association/Amenities

  • Development Name: Hannah Lay & Co's 6

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Dimensions: 38 x
  • Zoning Use Restrictions: Multi-Family

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2012
Closed on
Oct 19, 2012
Seller's Agent
Judy Robinson
Coldwell Banker Schmidt Traver
Buyer's Agent
Robert Classens
Coldwell Banker Schmidt-522
List Price
$187,500
Sold Price
$170,000
Premium/Discount to List
-$17,500
-9.33%
Current Estimated Value
$475,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,219
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Aug 4, 2010

Purchase Details

Closed on
Jul 8, 2005

Purchase Details

Closed on
Jun 18, 2005

Purchase Details

Closed on
Jun 17, 2005

Purchase Details

Closed on
Apr 29, 1997

Purchase Details

Closed on
Nov 1, 1990
Source: Public Records

Range of Values:

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Average Value
Not Available
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
-- $170,000 --
-- -- --
-- $20,000 --
-- -- --
-- $196,500 --
-- $80,000 --
-- $71,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2012 10/19/12 Sold $170,000 -9.3% $108 / Sq Ft
08/16/2012 08/16/12 Pending -- -- --
08/01/2012 08/01/12 For Sale $187,500 -- $119 / 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 $5,396 $187,800 $0 $0
2024 $4,786 $171,600 $0 $0
2023 $4,453 $127,400 $0 $0
2022 $4,792 $130,600 $0 $0
2021 $2,854 $127,400 $0 $0
2020 $4,199 $117,500 $0 $0
2019 $4,163 $107,400 $0 $0
2018 $4,074 $107,300 $0 $0
2017 -- $102,100 $0 $0
2016 -- $93,000 $0 $0
2014 -- $69,200 $0 $0
2012 -- $61,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1738325

Northern Great Lakes REALTORS® MLS

APN: 51-638-069-00