NOT LISTED FOR SALE

4351 Balsam Cir Traverse City, MI 49696

Estimated Value: $463,480 - $553,000

2 Beds
1 Bath
885 Sq Ft
$579/Sq Ft Est. Value

Last Sold June 09, 2014

Last sale price $175,000 $198 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $3,174/month

24 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Courtade Elementary School Rated A-
  • Private Dock
  • Home Performance with ENERGY STAR

About This Home

As of June 2014

Just what you are looking for! A cute cottage with 60 foot of sandy bottom! Spider Lake is a 450 acre all sports lake-Dock included-Deck is wide and long for comfortable entertaining-Sandy fire pit area-Gently used cottage is winterized-Lots of natural light from window wall over lake-2 bedrooms plus sleeping loft-Beautiful wood burning fireplace with easy gas starter-Nice counter space-Eating bar-All appliances include washer and dryer-A really nice cottage to build memories with your family-Great swimming and fishing, fires at night. Dog kennel and perimeter fencing-Just turn the key and enjoy the seasons on Spider Lake. Twenty minutes to Traverse City, area wineries, great restaurants and miles of bike trails.

Last Agent to Sell the Property

Jason Elsenheimer

Coldwell Banker Schmidt Traver License #6502132541 Listed on: 05/08/2014

Last Buyer's Agent

Jason Elsenheimer

Coldwell Banker Schmidt Traver License #6502132541 Listed on: 05/08/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1945

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 60x87
  • Private Waterfront
  • 60 Feet of Waterfront
  • Sandy Beach
  • Kennel or Dog Run
  • Fenced Yard
  • Landscaped
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Paved Parking

Home Design

  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 885 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Drapes & Rods
  • Blinds
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Low Flow Toliet

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Home Performance with ENERGY STAR

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Tiered Deck
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Well
  • Natural Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Pinewood Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,857

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1945
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 3
  • Year Updated: 2010
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1945

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Window A/C Unit(s), Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Cathedral Ceilings, Loft, Granite Kitchen Tops, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 14x9.5, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 9x7, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x10, On Level: Upper Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Kitchen: Dimensions: 15.9x10, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 15.9x13.8, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 885
  • Estimated Below Grade Finished Sq Ft: 885
  • Price Per Sq Ft: 197.74
  • Range: R 10W
  • Total Finished Sf Apx: 885

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Spider Lake
  • Exterior Features: Deck, Multi-Level Decking, Patio, Fenced Yard, Covered Porch, Landscaped, Gutters, Dog Pen
  • Exterior Finish: Wood
  • Foundation: Poured Concrete
  • Number Of Acres: 0.12
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock, Sandy Bottom, Gradual Slope to Water
  • Waterfront Frontage: 60

Garage/Parking

  • Driveway: Blacktop
  • Primary Garage: Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s), Insert, Wood
  • Heating Cooling Types: Forced Air
  • Sewer: Dry Well, Holding Tank/Pump & Haul, Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Pinewood Shores

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 62
  • Deeded Waterfront: Yes
  • Land Features: Wooded, Sloping
  • Lot Dimensions: 60x87
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Green Features

  • Energy Efficient: Energy Star Appliances

Multi Family

  • Water Conservation: Low Flow Toilets

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Jun 9, 2014
Seller's Agent
Jason Elsenheimer
Coldwell Banker Schmidt Traver
Buyer's Agent
Jason Elsenheimer
Coldwell Banker Schmidt Traver
List Price
$229,000
Sold Price
$175,000
Premium/Discount to List
-$54,000
-23.58%
Current Estimated Value
$512,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,120
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
Mar 13, 1998

Purchase Details

Closed on
Sep 17, 1993
Source: Public Records

Range of Values:

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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
-- $200,000 --
-- $59,000 --
-- $59,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2014 06/09/14 Sold $175,000 -23.6% $198 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $229,000 -- $259 / 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 $4,857 $180,400 $0 $0
2024 $3,905 $161,900 $0 $0
2023 $3,728 $116,200 $0 $0
2022 $4,376 $116,400 $0 $0
2021 $4,228 $116,200 $0 $0
2020 $4,160 $108,900 $0 $0
2019 $4,141 $104,500 $0 $0
2018 $4,043 $100,000 $0 $0
2017 -- $98,900 $0 $0
2016 -- $96,700 $0 $0
2014 -- $85,800 $0 $0
2012 -- $88,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1783996

Northern Great Lakes REALTORS® MLS

APN: 03-610-062-00