NOT LISTED FOR SALE

4981 W Red Oaks Dr Traverse City, MI 49685

Estimated Value: $289,000 - $368,000

3 Beds
2 Baths
1,266 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 11, 2013

Last sale price $86,000 $68 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,875/month

81 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Contemporary Architecture
  • 1 Car Attached Garage
  • High Speed Internet

About This Home

As of July 2013

HUD Owned home. 3 or 4 bedrooms, 2 full baths. Recent homeowner remodeled kitchen. Large wooded lot. Patio door opens to large deck. 1 car attached garage with it's own heater!

Last Agent to Sell the Property

Catherine Barris

REO-TCFront-233021 License #6506044890 Listed on: 01/04/2013

REO-TCFront-233021

Co-Listed By

Ralph Newkirk

REO - Elk Rapids-101308 License #6501290050

Last Buyer's Agent

Renae Hansen

CENTURY 21 Northland License #6506044076

CENTURY 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,855

Year Built

  • Built in 1985

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 168 x 294
  • Corner Lot
  • The community has rules related to zoning restrictions

Parking

  • 1 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Tri-Level Property
  • Fixer Upper
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,266 Sq Ft Home
  • Basement Windows
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • High Speed Internet

Community Details

  • Red Oaks Acres Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,855

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Tri-Level, Contemporary
  • Estimated Year Built: 1985
  • Construction: Frame
  • Section Number: 8
  • Year Updated: 2003
  • Year Renovated: 1985
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances Equipment: No Appliances
  • Interior Amenities: Fixer-Upper
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13x10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x9, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x9, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room: Dimensions: combox10, On Level: Main Floor, Flooring: Laminate
  • Family Room: Dimensions: 12x11, On Level: Lower Floor, Flooring: Laminate
  • Kitchen: Dimensions: combox16.5, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 12x13, On Level: Main Floor, Flooring: Laminate
  • Estimated Above Ground Finished Sq Ft: 906
  • Estimated Below Grade Finished Sq Ft: 360
  • Estimated Below Grade Unfinished Sq Ft: 120
  • Price Per Sq Ft: 67.93
  • Range: R 12W
  • Total Finished Sf Apx: 1266

Exterior Features

  • Exterior Features: Deck
  • Exterior Finish: Vinyl
  • Foundation: Daylight Windows, Finished Rooms
  • Number Of Acres: 1
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Attached, Paved Driveway

Utilities

  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: DSL, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Red Oaks Acres

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 1
  • Land Features: Corner Lot
  • Lot Dimensions: 168 x 294
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2013
Closed on
Jul 9, 2013
Seller's Agent
Catherine Barris
REO-TCFront-233021
Buyer's Agent
Renae Hansen
CENTURY 21 Northland
List Price
$86,000
Sold Price
$86,000
Current Estimated Value
$324,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,330
Avg. Annual Appreciation
11.43%

Purchase Details

Closed on
Nov 16, 2012

Purchase Details

Closed on
Aug 15, 2012

Purchase Details

Closed on
Jul 1, 2005
Source: Public Records

Range of Values:

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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
-- $86,000 --
-- -- --
-- $147,500 --
-- $134,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2013 07/11/13 Sold $86,000 0.0% $68 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $86,000 -- $68 / 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 $1,855 $121,300 $0 $0
2024 $1,316 $113,000 $0 $0
2023 $1,259 $83,600 $0 $0
2022 $1,677 $87,800 $0 $0
2021 $1,633 $83,600 $0 $0
2020 $1,622 $79,100 $0 $0
2019 $1,509 $71,700 $0 $0
2018 $1,466 $66,400 $0 $0
2017 -- $64,100 $0 $0
2016 -- $63,600 $0 $0
2014 -- $56,800 $0 $0
2012 -- $55,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1741497

Northern Great Lakes REALTORS® MLS

APN: 08-316-001-00