NOT LISTED FOR SALE

Estimated Value: $921,000 - $1,109,721

4 Beds
3 Baths
2,600 Sq Ft
$392/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $725,000 $279 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,540/month

103 Days on Market

Highlights

  • Deck
  • Victorian Architecture
  • Covered Patio or Porch
  • Central High School Rated A-
  • Granite Countertops
  • 3-minute walk to Hannah Park

About This Home

As of October 2020

This beautiful Fifth Street home in downtown Traverse City is everything you would expect in a Northern Michigan home. The location offers a superb combination of access to beaches, dining, and other downtown amenities on a peaceful residential street which suits the lifestyle of today’s small town family. A lovely backyard with lots of space for family activities from lawn games & porch gatherings or even areas to sit and read a book in a hammock under a tree, this backyard has the room for a little bit of everything. But grabbing the bikes and towels and heading a few blocks to West Bay to swim and throw a frisbee is just as easy and steps away. The 4 Bedroom, 3 Bath home is impeccable and was completely renovated to the studs with this owner and the details and design are beautiful. The main floor boasts 9' ceilings and gorgeous original woodwork throughout with a beautiful living room and dining space for ease of gathering everyone for dinner. The family room around the corner is another great area for some separation when the family decides on different activities, another nice sized room for spreading out or to enjoy the fireplace. The kitchen has ample cherry cabinets, plenty of counter space and a built in eating area that feels just as cozy as the rest of the home and a place to gather for a family meal. The upstairs hallway has some great built-ins for books and also a cubby/desk area for private and quiet study space. The bedrooms have terrific closet space and all rooms have great natural light and high ceilings. The two-story garage with finished studio on the upper floor is a delight. SO much more to say about this beautiful home and a must see if you are looking to get into the downtown area with the best location. A block from the meat market, wine shop, brew pubs, restaurants, salons and more.

Last Agent to Sell the Property

Molly Buttleman

@properties Christie's Int'l License #6501374903 Listed on: 04/27/2020

Last Buyer's Agent

Debra Hall

REO-TCRandolph-233022 License #6501300274

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,089

Year Built

  • Built in 1900

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50 x 165
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

  • Victorian Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Unfinished Basement
  • Basement Windows

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Hannah Lay & Co Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,089

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Victorian
  • Percent Of Remodel: 100
  • Estimated Year Built: 1900
  • Construction: 2x6 Framing, Frame
  • Principal Residence: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1900
  • Year Renovated: 2002

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Drapes, Ceiling Fan, Smoke Alarms(s)
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Breakfast Nook, Granite Kitchen Tops, Island Kitchen, Formal Dining Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 12x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 14x11, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Main Floor Primary: No
  • Dining Room: Dimensions: 14x13, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 20x11, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 15x13, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 25x16, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 2600

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Sidewalk, Fenced Yard, Covered Porch, Landscaped, Porch
  • Exterior Finish: Wood, Cement Board
  • Foundation: Block, Daylight Windows, Unfinished
  • Number Of Acres: 0.19
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete, Alley Access, Private
  • Garage Capacity: 2
  • Primary Garage: Detached, Door Opener, Alley Entrance, Finished Rooms, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: Hannah Lay & Co

Lot Info

  • Land Features: Level
  • Lot Dimensions: 50 x 165
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • Elementary School: Central Grade 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
Apr 27, 2020
Closed on
Sep 30, 2020
Sold by
Wagner James W
Bought by
Allen Zachary M and Allen Brianne
Seller's Agent
Molly Buttleman
@properties Christie's Int'l
Buyer's Agent
Debra Hall
REO-TCRandolph-233022
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Current Estimated Value
$1,020,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,180
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Jul 8, 2002
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
Allen Zachary M $727,500 --
-- $310,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2020 10/01/20 Sold $725,000 -2.7% $279 / Sq Ft
07/17/2020 07/17/20 Price Changed $745,000 -3.5% $287 / Sq Ft
06/22/2020 06/22/20 Price Changed $772,000 -3.4% $297 / Sq Ft
04/27/2020 04/27/20 For Sale $799,000 -- $307 / 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 $14,089 $460,100 $0 $0
2024 $12,497 $421,600 $0 $0
2023 $11,626 $324,100 $0 $0
2022 $12,512 $360,700 $0 $0
2021 $12,036 $324,100 $0 $0
2020 $7,823 $285,100 $0 $0
2019 $7,796 $271,500 $0 $0
2018 $7,636 $243,600 $0 $0
2017 -- $237,500 $0 $0
2016 -- $227,500 $0 $0
2014 -- $227,500 $0 $0
2012 -- $204,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1873848

Northern Great Lakes REALTORS® MLS

APN: 51-638-007-00