NOT LISTED FOR SALE

488 E River Rd Traverse City, MI 49696

Estimated Value: $719,000 - $1,146,000

3 Beds
2 Baths
2,530 Sq Ft
$365/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $550,000 $217 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,416/month

437 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 900 Feet of Waterfront
  • Second Garage
  • Central High School Rated A-
  • Private Dock
  • 13.5 Acre Lot

About This Home

As of October 2018

The luxury of privacy is yours. Welcome to Deer Creek a meticulously cared for home on a secluded 13.5 acres with 900 feet of prime frontage on the rippling waters of the Blue Ribbon Trout Stream, Boardman River, a mere ten minutes from town. A compound worthy of enjoyment for generations. This rare, magazine featured home boasts a well appointed chef's kitchen, a great room with soaring ceilings and a wall of windows affording an abundance of natural light plus a towering fireplace constructed of split natural crystal infused fieldstone, the unique loft feature allows for another bedroom and office if desired, expansive decks for entertaining and river gazing, low maintenance well landscaped grounds, and an exquisite master suite with river views and private deck. In addition, there are two 2+ car garages. Both outbuildings feature additional storage and one also contains a loft and heated workshop. Generator included.The drone video really captures the essence of this tranquil property please be sure and view it. Shown by appointment only.

Last Agent to Sell the Property

Shelly Drossart

REO-TCFront-233021 Listed on: 07/14/2017

REO-TCFront-233021

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traverse City

Coldwell Banker Schmidt Traverse City

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 13.5 Acre Lot
  • Lot Dimensions are 300x2000
  • 900 Feet of Waterfront
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Property Views

  • Water Views
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,530 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Loft
  • Workshop
  • Home Security System

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Car Detached Garage
  • Second Garage
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Private Dock
  • Deck
  • Pole Barn
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Well
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

13.5 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Contemporary
  • Estimated Year Built: 1986
  • Construction: Frame
  • Private Shared: Private
  • Univs Design Barrier Free: Main Floor Access, No Steps Entry, Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1986
  • Year Renovated: 2013

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Trash Compactor, Water Softener Owned, Washer, Dryer, Security System
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Pantry, Loft, Solid Surface Counters, Island Kitchen, Formal Dining Room, Great Room, Den/Study, Workshop
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 24x21, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 18x17, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 14.3x11, On Level: Main Floor, Flooring: Tile
  • Family Room: Dimensions: 18x12, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 16x14, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 24x22, On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 2530

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Pole Building(s), Secondary Garage(s), Workshop
  • Body Of Water: Boardman River
  • Exterior Features: Sprinkler System, Deck, Countryside View, Landscaped, Garden Area, Porch
  • Exterior Finish: Log Siding
  • Foundation: Partial, Crawl Space
  • Number Of Acres: 13.5
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt
  • Water Features: River, Water View, Private Dock
  • Waterfront Frontage: 900

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 4
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air, Humidifier
  • Laundry: On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Cleared, Wooded, Evergreens, Level
  • Lot Dimensions: 300x2000
  • Mineral Rights: Unknown
  • Parcel Description: Joins State/Federal Land, Metes and Bounds
  • Zoning Use Restrictions: Residential, Horses Allowed, Outbuildings Allowed

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Oct 30, 2018
Sold by
Holcombe Gary G
Bought by
Elliott James Murray and Elliott Jo Carole
Seller's Agent
Shelly Drossart
REO-TCFront-233021
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traverse City
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$923,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,680
Avg. Annual Appreciation
7.28%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Elliott James Murray $550,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $550,000 0.0% $217 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $550,000 0.0% $217 / Sq Ft
08/26/2018 08/26/18 Pending -- -- --
08/02/2018 08/02/18 Price Changed $550,000 -7.6% $217 / Sq Ft
06/01/2018 06/01/18 Price Changed $595,000 -11.1% $235 / Sq Ft
02/06/2018 02/06/18 For Sale $669,500 0.0% $265 / Sq Ft
02/06/2018 02/06/18 Price Changed $669,500 +21.7% $265 / Sq Ft
01/15/2018 01/15/18 Off Market $550,000 -- --
07/14/2017 07/14/17 For Sale $725,000 -- $287 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $7,318 $466,100 $0 $0
2024 $4,926 $411,200 $0 $0
2023 $4,713 $256,200 $0 $0
2022 $6,563 $255,000 $0 $0
2021 $6,334 $256,200 $0 $0
2020 $6,223 $256,700 $0 $0
2019 $6,253 $230,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shelly Drossart

    Seller's Agent in 2018

    Shelly Drossart

    Real Estate One

    (231) 590-9552

    2 in this area

    97 Total Sales

    Shelly Drossart
    Section Image
  • Mark Hagan

    Buyer's Agent in 2018

    Mark Hagan

    Coldwell Banker Schmidt Traverse City

    (231) 929-7985

    31 in this area

    334 Total Sales

    Mark Hagan
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1835508

Northern Great Lakes REALTORS® MLS

APN: 03-118-019-15

Michigan Grand Traverse County Traverse City 49696

488 E River Rd, Traverse City, MI

Not Listed for Sale

Detached

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.

Northern Great Lakes REALTORS® MLS 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 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.