NOT LISTED FOR SALE

417 Farmstead Ln Traverse City, MI 49685

Estimated Value: $389,000 - $487,000

3 Beds
2.5 Baths
1,800 Sq Ft
$237/Sq Ft Est. Value

Last Sold March 14, 2012

Last sale price $162,000 $90 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,603/month

132 Days on Market

Highlights

  • Water Views
  • Deck
  • 2 Car Attached Garage
  • Colonial Architecture
  • Covered patio or porch
  • 4-minute walk to Silver Meadows Park

About This Home

As of March 2012

Appealing and well-maintained, colonial-style, 3BD/2.5BA home featuring a light, bright interior; spacious floor plan; gas fireplace; small loft area overlooking the foyer entry; large private master suite with walk-in closet; main-floor laundry; central air conditioning; full lower level ready to be finished for additional living space; 16x22 deck overlooking the expansive back yard; attractive landscaping and underground irrigation. Only 8 miles to downtown Traverse City.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 10/04/2011

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 10/04/2011

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,107

Year Built

  • Built in 2001

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 137x197x144x191
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Wood Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Water Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Silver Meadows Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,107

Year Built

Built in 2001

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Colonial
  • Estimated Year Built: 2001
  • Section Number: 5
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 17.05x13.08, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.00x11.05, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12.00x11.05, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Dining Room: Dimensions: 12.04x12.00, On Level: Main Floor, Flooring: None
  • Kitchen: Dimensions: 10.03x09.00, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 22.04x12.00, On Level: Main Floor, Flooring: None
  • Estimated Above Ground Finished Sq Ft: 1800
  • Estimated Below Grade Unfinished Sq Ft: 900
  • Price Per Sq Ft: 90
  • Total Finished Sf Apx: 1800

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Sidewalk, Covered Porch
  • Exterior Finish: Vinyl
  • Foundation: Full, Wood
  • Number Of Acres: 0.62
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Condo/Co-op/Association

  • Annual Association Fees: 125

Association/Amenities

  • Development Name: SILVER MEADOWS

Schools

  • School District: Traverse City Area Public Schools

Green Features

  • Home Energy Rating Score 1: 00

Lot Info

  • Lot Dimensions: 137x197x144x191
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2011
Closed on
Mar 14, 2012
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$186,900
Sold Price
$162,000
Premium/Discount to List
-$24,900
-13.32%
Current Estimated Value
$426,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,400
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Oct 17, 2001

Purchase Details

Closed on
Oct 2, 2001
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
-- $162,000 --
-- $30,000 --
-- $28,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2012 03/14/12 Sold $162,000 -13.3% $90 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
10/04/2011 10/04/11 For Sale $186,900 -- $104 / 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 $3,107 $174,800 $0 $0
2024 $2,025 $167,600 $0 $0
2023 $1,938 $120,900 $0 $0
2022 $2,801 $129,700 $0 $0
2021 $2,628 $120,900 $0 $0
2020 $2,608 $114,400 $0 $0
2019 $2,621 $107,200 $0 $0
2018 $2,545 $102,700 $0 $0
2017 -- $103,500 $0 $0
2016 -- $97,800 $0 $0
2014 -- $89,300 $0 $0
2012 -- $80,138 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1730922

Northern Great Lakes REALTORS® MLS

APN: 02-673-030-00