NOT LISTED FOR SALE

5015 Lakeview Dr Interlochen, MI 49643

Estimated Value: $931,000 - $1,774,568

4 Beds
3 Baths
2,392 Sq Ft
$526/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $390,000 $163 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $8,664/month

51 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Deck
  • Deeded Waterfront Access Rights
  • Bay View
  • Wooded Lot

About This Home

As of August 2016

Waterfront home on Green Lake. Situated on on a quiet peninsula with very little traffic, this property currently used as a weekly vacation rental enjoys an amazing 150' of sandy, east-facing, private frontage. Sit out on your deck in the morning & watch the sunrise with a cup of coffee watching the birds & listening to the loons. Inside there is a generous amount of space which can sleep 13. Lots of nice finishes throughout including; recessed lighting, natural fireplace, double pane windows, insulated siding, large water-facing deck, and a huge 3-season family room. Finished, walk-out lower level has tongue-n-groove ceiling, a nice big bath for rinsing off sandy feet & the same gorgeous water views as the main floor. Fishing, boating, swimming, stand-up paddle boarding all from your yard! Interlochen Arts Academy is just down the way for world class theater & concerts. 20 min to downtown Traverse City. The house is to be sold, turn-key, with all furnishings, dock, and pontoon boat included; with acceptable offer.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 05/26/2016

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 05/26/2016

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,805

Year Built

  • Built in 1969

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 102x150
  • Private Waterfront
  • 150 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Sloped Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,392 Sq Ft Home
  • Fireplace
  • Mud Room
  • Entrance Foyer
  • Bay Views

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

Overview

  • Penn Lock Colony Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,805

Year Built

Built in 1969

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1969
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 33
  • Year Renovated: 2008
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1969

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Pantry, Mud Room, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 13.6x9.9, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10.0x9.4, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13.0x9.9, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12.6x10.5, 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: 1
  • Number of Three Quarter Bathrooms: 2
  • Dining Room: Dimensions: combox14.6, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 24.4x19.7, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10.0x10.9, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 24.7xcombo, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 23.0x18.5, On Level: Lower Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1456
  • Estimated Below Grade Finished Sq Ft: 936
  • Price Per Sq Ft: 163.04
  • Range: R 12W
  • Total Finished Sf Apx: 2392

Exterior Features

  • Body Of Water: Green Lake
  • Exterior Features: Bay View, Deck, Covered Porch, Landscaped, Porch
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Block, Finished Rooms, Full Finished
  • Number Of Acres: 0.34
  • Road: Blacktop, Privately Maintained, Shared
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Soft Bottom, Sandy Bottom, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 150

Garage/Parking

  • Driveway: Gravel, Private

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 10.5x6.1, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet, Dish TV, WiFi
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 100

Association/Amenities

  • Development Name: Penn Lock Colony

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 54
  • Deeded Waterfront: Yes
  • Land Features: Cleared, Sloping, Wooded
  • Lot Dimensions: 102x150
  • 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
May 26, 2016
Closed on
Aug 1, 2016
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%
Current Estimated Value
$1,257,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$867,642
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Aug 28, 2008

Purchase Details

Closed on
Jun 30, 2005

Purchase Details

Closed on
Sep 11, 2002
Source: Public Records

Range of Values:

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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
-- $390,000 --
-- $368,500 --
-- $360,000 --
-- $399,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $390,000 -13.3% $163 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $450,000 -- $188 / 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 $21,805 $674,500 $0 $0
2024 $17,892 $563,000 $0 $0
2023 $17,082 $430,500 $0 $0
2022 $19,743 $478,400 $0 $0
2021 $19,181 $430,500 $0 $0
2020 $4,635 $103,600 $0 $0
2019 $8,481 $191,700 $0 $0
2018 $8,134 $184,900 $0 $0
2017 -- $188,400 $0 $0
2016 -- $162,900 $0 $0
2014 -- $124,900 $0 $0
2012 -- $124,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1817256

Northern Great Lakes REALTORS® MLS

APN: 07-500-054-00