NOT LISTED FOR SALE

4865 Black Bear Dr Traverse City, MI 49685

Estimated Value: $496,000 - $595,647

3 Beds
3 Baths
2,680 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $535,000 $200 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,691/month

5 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Ground Level Unit
  • Wooded Lot
  • 1.5-Story Property
  • Granite Countertops

About This Home

As of May 2022

Welcome to Black Bear Farms! Located four miles west of downtown TC, this development rests gently on a parcel of 38 acres. The concept for Black Bear Farms is “Open Space” and “Natural Living” and endorses the use of Native Michigan species throughout the hardscape. They also operate their own eco-friendly Water System and Wastewater System, both permitted and monitored by The Michigan Department of Environment, Great Lakes, and Energy (EGLE). This immaculately maintained 3-bedroom, 3-bath home offers both privacy as well as a sense of community living. Sit back and enjoy the serene 3~seasons room with westerly sunset views overlooking a wooded timberland setting. Throughout the day, be showered by natural daylight from the expansive dining/living windows. On winter evenings, curl up by the cozy fireplace. This is the perfect home for main floor living, yet it has the bonus of a fully finished lower level and a balconied office loft. Complete with an insulated/finished 2-car garage you will not want to miss this opportunity!

Last Agent to Sell the Property

Erica Foerster

REO-TCFront-233021 Listed on: 04/08/2022

REO-TCFront-233021

Co-Listed By

Laura Cobb

REO-TCFront-233021

Last Buyer's Agent

John Wehr

Five Star Real Estate - Front St TC License #6501406993

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • Landscaped
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1.5-Story Property
  • Poured Concrete
  • Frame Construction
  • Insulated Concrete Forms
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,680 Sq Ft Home
  • Bookcases
  • Vaulted Ceiling
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Den
  • Game Room

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Utilities

  • Forced Air Heating and Cooling System
  • Community Well
  • Natural Gas Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Additional Features

  • Minimal Steps
  • Deck
  • Ground Level Unit

Community Details

  • Association fees include lawn care, sewer, snow removal, water
  • Black Bear Farms Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Ranch, Duplex
  • Estimated Year Built: 2006
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Pantry, Granite Bath Tops, Granite Kitchen Tops, Mud Room, Den/Study, Game Room, Vaulted Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12.9x14, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.9x13.3, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12.1x13.1, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 13.2x13.1, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 29.1x16.3, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 11.3x8.6, On Level: Main Floor, Flooring: Cork
  • Living Room: Dimensions: 17.6x15.2, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 19.1x16.6, On Level: Upper Floor, Flooring: Carpet
  • Range: R 12W
  • Total Finished Sf Apx: 2680

Exterior Features

  • Exterior Features: Deck, Landscaped
  • Exterior Finish: Vinyl, Wood
  • Foundation: Walkout, Poured Concrete, Daylight Windows, Finished Rooms, Insulated Concrete Panels, Full Finished
  • Road: Privately Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 11.3x12.2, On Level: Main Floor, Flooring: Cork
  • Sewer: Development Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Community Well

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Sewer, Snow Removal, Water
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 320

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Black Bear Farms

Lot Info

  • Land Features: Wooded-Hardwoods, Wooded, Evergreens
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 3144.69
  • Winter Taxes: 1250.39

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Sep 18, 2019
Sold by
Lauer Gene R
Bought by
Caskey Joel R and Caskey Janet G
Seller's Agent
Carol Karas
EXIT Northern Shores Realty-KA
Buyer's Agent
Marilyn Taylor
EXIT Northern Shores-TC
List Price
$369,900
Sold Price
$340,000
Premium/Discount to List
-$29,900
-8.08%
Current Estimated Value
$559,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,162
Avg. Annual Appreciation
8.16%

Purchase Details

Closed on
Oct 6, 2010

Purchase Details

Closed on
May 7, 2010
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caskey Joel R $340,000 --
-- $209,000 --
-- $320,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $535,000 +10.3% $200 / Sq Ft
04/08/2022 04/08/22 For Sale $485,000 +42.6% $181 / Sq Ft
09/20/2019 09/20/19 Sold $340,000 -2.8% $127 / Sq Ft View Prior Sale
09/17/2019 09/17/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $349,900 -3.8% $131 / Sq Ft
06/19/2019 06/19/19 Price Changed $363,900 -1.6% $136 / Sq Ft
05/20/2019 05/20/19 For Sale $369,900 -- $138 / 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 $5,707 $268,600 $0 $0
2024 $4,049 $245,300 $0 $0
2023 $3,874 $175,900 $0 $0
2022 $4,511 $186,000 $0 $0
2021 $4,395 $175,900 $0 $0
2020 $4,364 $167,400 $0 $0
2019 $2,951 $152,800 $0 $0
2018 $2,867 $148,600 $0 $0
2017 -- $147,400 $0 $0
2016 -- $135,800 $0 $0
2014 -- $120,300 $0 $0
2012 -- $106,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1898316

Northern Great Lakes REALTORS® MLS

APN: 08-701-019-00