NOT LISTED FOR SALE

497 Shaker Trail Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $1,002,000 - $1,327,000

5 Beds
3.5 Baths
4,755 Sq Ft
$255/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $691,500 $145 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,571/month

133 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 500 Feet of Waterfront
  • Bay View
  • Central High School Rated A-
  • In Ground Pool
  • Lake Privileges

About This Home

As of December 2018

Panoramic East Bay views and 500’ of shared frontage! This quality-built Underwood Farms home on 1.2 acres at the end of a quiet cul-de-sac features bay & vineyard views from every room, 5 bedrooms, 3 ½ baths, in-ground pool, den, game & exercise rooms, main floor master suite, gas fireplace, pond with waterfall, 3 large walk-in closets, spacious loft, security system and a huge 40’ x 24’ finished 3 car garage. Conveniently located near East Bay boat launch, schools and is only 3 miles to downtown Traverse City. A wonderful family home with lots of room.

Last Agent to Sell the Property

Ron Williamson

CENTURY 21 Northland License #6501205040 Listed on: 06/11/2018

CENTURY 21 Northland

Last Buyer's Agent

Lauren Prentice

Classic Real Estate License #6501234463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,352

Year Built

  • Built in 1998

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 236x300x76x256x80
  • 500 Feet of Waterfront
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 4,755 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Loft
  • Game Room
  • Home Gym
  • Bay Views
  • Home Security System

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Waterfront Park
  • Lake Privileges
  • Deck
  • Covered patio or porch
  • Rain Gutters

Location

  • Property is near a Great Lake

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal
  • Underwood Ridge Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,352

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Colonial
  • Estimated Year Built: 1998
  • Construction: 2x6 Framing, Frame
  • Private Shared: Shared
  • Section Number: 31
  • Univs Design Barrier Free: Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer, Security System, Wall Oven, Cook Top, Exhaust Fan, Blinds, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Jetted Tub, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Loft, Granite Kitchen Tops, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Exercise Room, Game Room
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 16'x14'6", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12'3"x12'4", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12'5"x12'4", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12x13'4", On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 18'0"x14'7", On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 14'3"x14'8", On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14'5"x12'3", On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 15'4"x14'9", On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 15'7"x14'3", On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2998
  • Estimated Below Grade Finished Sq Ft: 1757
  • Estimated Below Grade Unfinished Sq Ft: 295
  • Price Per Sq Ft: 145.43
  • Range: R 10W
  • Total Finished Sf Apx: 4755

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Sprinkler System, In Ground Pool, Deck, Covered Porch, Landscaped, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Poured Concrete, Egress Windows, Full Finished
  • Number Of Acres: 1.2
  • Road: Cul-de-Sac, Association, Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Water View, Great Lake, Bay View
  • Waterfront Frontage: 500

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air, Humidifier, Zoned/Dual
  • Laundry: Dimensions: 10'5"x6'1", On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal

Association/Amenities

  • Development Amenities: Community Dock, Lake Privileges, Water Front Park, Pets Allowed, Common Area
  • Development Name: Underwood Ridge

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 33
  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 236x300x76x256x80
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential, Deed Restrictions, Building-Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Dec 5, 2018
Sold by
Voice David L
Bought by
Sparks Dean and Sparks Natalie O
Seller's Agent
Ron Williamson
CENTURY 21 Northland
Buyer's Agent
Lauren Prentice
Classic Real Estate
List Price
$699,000
Sold Price
$691,500
Premium/Discount to List
-$7,500
-1.07%
Current Estimated Value
$1,214,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,067
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Sep 19, 1997
Source: Public Records

Range of Values:

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
Sparks Dean $691,500 --
-- $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $691,500 -1.1% $145 / Sq Ft
06/11/2018 06/11/18 For Sale $699,000 -- $147 / 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 $10,352 $590,500 $0 $0
2024 $6,809 $551,700 $0 $0
2023 $6,516 $356,800 $0 $0
2022 $9,327 $376,100 $0 $0
2021 $8,706 $356,800 $0 $0
2020 $8,618 $373,000 $0 $0
2019 $8,663 $315,900 $0 $0
2018 $10,795 $317,200 $0 $0
2017 -- $316,500 $0 $0
2016 -- $329,200 $0 $0
2014 -- $290,200 $0 $0
2012 -- $258,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron Williamson

    Seller's Agent in 2018

    Ron Williamson

    CENTURY 21 Northland

    (866) 830-0473

    14 in this area

    84 Total Sales

    Section Image

  • L

    Buyer's Agent in 2018

    Lauren Prentice

    Classic Real Estate

    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1848064

Northern Great Lakes REALTORS® MLS

APN: 11-683-033-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

497 Shaker Trail, Traverse City, MI

This home is located at 497 Shaker Trail, Traverse City, MI 49686 since 11 June 2018 and is currently estimated at $1,214,567, approximately $255 per square foot. This property was built in 1998. 497 Shaker Trail is a home located in Grand Traverse County with nearby schools including East Middle School and Central High School.

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 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

Nearby Homes