NOT LISTED FOR SALE

429 Peninsula Trail Traverse City, MI 49696

Estimated Value: $571,000 - $778,000

4 Beds
2 Baths
1,746 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $264,500 $151 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $4,486/month

197 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Guest House
  • Courtade Elementary School Rated A-
  • Private Dock
  • Sandy Beach

About This Home

As of June 2015

All sports Spider Lake is the perfect setting for this updated four bedroom home. With over 120 feet of beach only a few steps from your new home, you see nothing but the crystal clear waters from the great room, kitchen and master bedroom. Spend your days swimming and your evenings on your covered porch or lake side firepit. There is a cute bunkhouse and many other great features, including a natural fireplace in the great room, large laundry room next the master bedroom and plenty of room for everyone.

Last Agent to Sell the Property

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 11/23/2014

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 11/23/2014

Berkshire Hathaway Homeservices - TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,231

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 106 x 105
  • Private Waterfront
  • 106 Feet of Waterfront
  • Sandy Beach
  • Lot Has A Rolling Slope
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,746 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Water Views
  • Crawl Space
  • Washer

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Tiered Deck
  • Patio

Additional Homes

  • Guest House

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

$8,231

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1955
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 3
  • Year Updated: 2000
  • Year Renovated: 2000
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer
  • Interior Amenities: Cathedral Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15.1x8.2, On Level: Main Floor
  • Bedroom 2: Dimensions: 12.8x12, On Level: Main Floor
  • Bedroom 3: Dimensions: 13.7x12.5, On Level: Upper Floor
  • Bedroom 4: Dimensions: 12.5x12.5, On Level: Upper Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 16.1xcombo
  • Kitchen: Dimensions: combox12.3
  • Living Room: Dimensions: 20.8x17.5
  • Estimated Above Ground Finished Sq Ft: 1746
  • Price Per Sq Ft: 151.49
  • Range: R 10W
  • Total Finished Sf Apx: 1746

Exterior Features

  • Additional Buildings: Guest House
  • Body Of Water: Spider Lake
  • Exterior Features: Deck, Multi-Level Decking, Patio
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.23
  • Road: Public Maintained, Concrete
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water, Sandy Shoreline
  • Waterfront Frontage: 106

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Arbutus Triangle

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Rolling
  • Lot Dimensions: 106 x 105
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • 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
Nov 23, 2014
Closed on
Jun 8, 2015
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$278,000
Sold Price
$264,500
Premium/Discount to List
-$13,500
-4.86%
Current Estimated Value
$713,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,750
Avg. Annual Appreciation
10.55%

Purchase Details

Closed on
Dec 2, 1999

Purchase Details

Closed on
Apr 18, 1994
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
-- $264,500 --
-- $150,000 --
-- $110,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $264,500 -4.9% $151 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
11/23/2014 11/23/14 For Sale $278,000 -- $159 / 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 $8,231 $317,700 $0 $0
2024 $6,617 $268,600 $0 $0
2023 $5,807 $176,100 $0 $0
2022 $6,815 $175,100 $0 $0
2021 $6,586 $176,100 $0 $0
2020 $6,480 $160,700 $0 $0
2019 $6,450 $150,100 $0 $0
2018 $6,297 $141,900 $0 $0
2017 -- $140,300 $0 $0
2016 -- $135,600 $0 $0
2014 -- $125,300 $0 $0
2012 -- $121,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1792602

Northern Great Lakes REALTORS® MLS

APN: 03-610-039-00