Seller's Agent in 2020
Matt Geib
Viewpoint Realty
(231) 357-3265
42 in this area
186 Total Sales
475 Lake 5 Dr Traverse City, MI 49696
Estimated Value: $524,000 - $945,592
4
Beds
3
Baths
2,444
Sq Ft
$276/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Deeded Waterfront Access Rights
- 5.24 Acre Lot
- Courtade Elementary School Rated A-
- Private Dock
- Deck
About This Home
As of November 2020Resting on the shores of all-sports Arbutus Lake, on a rare five-acre parcel, this immaculate, turn-key home is the perfect place to relax and unwind! The free-flowing floor plan incorporates main level living and offers lake views from nearly every vantage point! Enjoy entertaining guests on the expansive lakeside deck, prepare a gourmet meal from the island kitchen, or cozy up near the fireplace on chilly evenings. Just minutes from the excitement of downtown Traverse City, this is the perfect place to make generations of memories!
Last Agent to Sell the Property
Viewpoint Realty License #6502432932 Listed on: 09/02/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,085
Year Built
- Built in 1992
Lot Details
- 5.24 Acre Lot
- Private Waterfront
- 157 Feet of Waterfront
- Landscaped
- Lot Has A Rolling Slope
- Wooded Lot
- The community has rules related to zoning restrictions
Home Design
- Ranch Style House
- Poured Concrete
- Frame Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 2,444 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Blinds
- Workshop
Kitchen
- Oven or Range
- Microwave
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Windows
- Basement Window Egress
Parking
- 3 Car Detached Garage
- Gravel Driveway
Outdoor Features
- Deeded Waterfront Access Rights
- Property is near a lake
- No Wake Zone
- Private Dock
- Deck
- Covered Patio or Porch
- Shed
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Well
- Natural Gas Water Heater
- Water Softener is Owned
- Cable TV Available
Community Details
Overview
- Metes And Bounds Community
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2020
Closed on
Nov 11, 2020
Sold by
Schneider Stephen H
Bought by
Anderskow David and Anderskow Patricia
Seller's Agent
Matt Geib
Viewpoint Realty
Buyer's Agent
Casey Kiley-Terzano
The Mitten Real Estate Group
List Price
$849,900
Sold Price
$777,500
Premium/Discount to List
-$72,400
-8.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,852
Avg. Annual Appreciation
-2.79%
Purchase Details
Closed on
Mar 18, 2005
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anderskow David | $777,500 | -- | |
| -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/11/2020 11/11/20 | Sold | $777,500 | -8.5% | $318 / Sq Ft |
| 11/01/2020 11/01/20 | Pending | -- | -- | -- |
| 09/02/2020 09/02/20 | For Sale | $849,900 | -- | $348 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $11,085 | $380,400 | $0 | $0 |
| 2024 | $8,912 | $341,600 | $0 | $0 |
| 2023 | $8,508 | $246,700 | $0 | $0 |
| 2022 | $9,986 | $223,700 | $0 | $0 |
| 2021 | $10,993 | $246,700 | $0 | $0 |
| 2020 | $3,147 | $191,700 | $0 | $0 |
| 2019 | $3,162 | $180,100 | $0 | $0 |
| 2018 | $3,086 | $165,500 | $0 | $0 |
| 2017 | -- | $163,000 | $0 | $0 |
| 2016 | -- | $156,500 | $0 | $0 |
| 2014 | -- | $144,000 | $0 | $0 |
| 2012 | -- | $127,060 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Geib
-
Casey Kiley-Terzano
Buyer's Agent in 2020
Casey Kiley-Terzano
The Mitten Real Estate Group
(213) 631-5125
2 in this area
36 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1879477
APN: 03-103-029-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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