NOT LISTED FOR SALE

5015 Highland Dr Traverse City, MI 49685

Estimated Value: $445,000 - $564,256

5 Beds
3 Baths
2,682 Sq Ft
$193/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $116,000 $43 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $3,156/month

137 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • Mud Room
  • 68 Feet of Waterfront
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of January 2016

WOW - What a Deal! Price Slashed! A 5 Bedroom this close to town! This Ranch features a large fenced backyard, back deck, attached garage, full finished basement AND an efficiency apartment over the garage that has been previously rented at $700 a month. House needs some TLC but a worthwhile project for the buyer who wants to make it their own. Newer furnace and central A/C included. Nothing like it in the area in this price range.

Last Agent to Sell the Property

Mike Cummings

TCAREA.COM, LLC License #6502363709 Listed on: 08/17/2015

Last Buyer's Agent

Mike Cummings

TCAREA.COM, LLC License #6502363709 Listed on: 08/17/2015

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $5,164

Year Built

  • Built in 1988

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 110' x 192'
  • 68 Feet of Waterfront
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Single Family Detached Home
  • Ranch Style House
  • Modular Prefabricated Home
  • Fixer Upper
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,682 Sq Ft Home
  • Mud Room
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Beacon Hills Community

Recreation

  • Water Sports

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$5,164

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, In-Law Suite or Apartment
  • Estimated Year Built: 1988
  • Construction: Modular/BOCA
  • Private Shared: Shared
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Year Built: 1988
  • Year Renovated: 2010

Interior Features

  • Appliances Equipment: No Appliances, Natural Gas Water Heater
  • Interior Amenities: Fixer-Upper, Mud Room
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 13'6"x11'10, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 15'x11'5", On Level: Main Floor, Flooring: Laminate
  • Bedroom 3: Dimensions: 11'5"x10', On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12'10x11', On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 11'2"x8'6", On Level: Main Floor, Flooring: Laminate
  • Family Room: Dimensions: 22'x19', On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 11'2"x11', On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 19'3"x11'2", On Level: Main Floor, Flooring: Laminate
  • Range: R 11W
  • Total Finished Sf Apx: 2682

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Silver Lake
  • Exterior Features: Deck
  • Exterior Finish: Vinyl
  • Foundation: Egress Windows, Full Finished
  • Number Of Acres: 0.48
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports
  • Waterfront Frontage: 68

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

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

Association/Amenities

  • Development Name: Beacon Hills

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 110' X 192'
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2015
Closed on
Jan 14, 2016
Seller's Agent
Mike Cummings
TCAREA.COM, LLC
Buyer's Agent
Mike Cummings
TCAREA.COM, LLC
List Price
$152,000
Sold Price
$116,000
Premium/Discount to List
-$36,000
-23.68%
Current Estimated Value
$518,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,314
Avg. Annual Appreciation
16.52%

Purchase Details

Listed on
Aug 17, 2015
Closed on
Jan 13, 2016
Seller's Agent
Mike Cummings
TCAREA.COM, LLC
Buyer's Agent
Mike Cummings
TCAREA.COM, LLC
List Price
$152,000
Sold Price
$116,000
Premium/Discount to List
-$36,000
-23.68%

Purchase Details

Closed on
Jul 15, 2015

Purchase Details

Closed on
Oct 30, 1999
Source: Public Records

Range of Values:

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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
-- $116,000 --
-- -- --
-- $89,100 --
-- $129,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $116,000 -23.7% $43 / Sq Ft
01/01/2016 01/01/16 Pending -- -- --
08/17/2015 08/17/15 For Sale $152,000 -- $57 / 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 $5,164 $226,500 $0 $0
2024 $4,161 $160,700 $0 $0
2023 $3,972 $128,300 $0 $0
2022 $4,976 $135,800 $0 $0
2021 $4,813 $128,300 $0 $0
2020 $4,762 $122,400 $0 $0
2019 $4,747 $103,500 $0 $0
2018 $0 $104,800 $0 $0
2017 -- $104,500 $0 $0
2016 -- $94,500 $0 $0
2014 -- $78,800 $0 $0
2012 -- $61,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1805000

Northern Great Lakes REALTORS® MLS

APN: 05-050-047-00