NOT LISTED FOR SALE

5040 Valleyway Dr Unit 4 Williamsburg, MI 49690

Estimated Value: $206,275 - $309,000

1 Bed
1 Bath
710 Sq Ft
$356/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $120,000 $169 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,788/month

53 Days on Market

Highlights

  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Elevator
  • Courtade Elementary School Rated A-
  • Great Room
  • Forced Air Heating and Cooling System

About This Home

As of April 2018

Enjoy resort living at its finest at Grand Traverse Resort and Spa. The Valleyview Condominiums are conveniently located adjacent to the main Resort Complex providing easy access to the world class facilities including the Spa, Golf Clubhouse with three Championship golf courses, indoor and outdoor pools, tennis courts, dining and shopping. Both one and two bedroom floor plans are available with balconies overlooking the Spruce Run Golf Course and East Grand Traverse Bay. These condos are the ideal Northern Michigan get-away spot and/or enjoy rental income while taking advantage of the Resort Rental Program. 5040 Valleyway is completely remodeled to Resort Rental specifications with all furniture and household goods items being sold with real estate.

Last Agent to Sell the Property

John Ammar

Keller Williams Northern Michi License #6502362405 Listed on: 02/08/2018

Keller Williams Northern Michi

Last Buyer's Agent

John Ammar

Keller Williams Northern Michi License #6502362405 Listed on: 02/08/2018

Keller Williams Northern Michi

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,968

Year Built

  • Built in 1984

Lot Details

  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $176 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Fire Rated Drywall
  • Asphalt Roof
  • Steel Siding

Interior Spaces

  • 710 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Great Room

Kitchen

  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Community Well
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Patio

Community Details

Overview

  • Association fees include exterior maintenance, fire insurance, lawn care, liability insurance, sewer, snow removal, trash removal, water
  • Grand Traverse Valleyview Cond Community

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,968

Year Built

Built in 1984

Lot Details

0

HOA Fees

$176 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, Apartment, 1 Story
  • Percent Of Remodel: 100
  • Estimated Year Built: 1984
  • Construction: Block, Steel
  • Section Number: 35
  • Year Updated: 2017
  • Year Renovated: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1984

Interior Features

  • Appliances Equipment: Refrigerator, Microwave, Cook Top, Drapes
  • Interior Amenities: Great Room, Drywall
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 12x11.6, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 13.6x8, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 8x4, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 13.6x12, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 710
  • Price Per Sq Ft: 169.01
  • Range: R 10W
  • Total Finished Sf Apx: 710

Exterior Features

  • Exterior Features: Sprinkler System, Patio, Sidewalk, Handicap Access
  • Exterior Finish: Brick
  • Foundation: Poured Concrete, Entrance Inside
  • Road: Association, Blacktop
  • Roof: Asphalt

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Community Well

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Annual Association Fees: 2112
  • Condo: Yes
  • Condo Unit Access: Elevator
  • Condo Unit Level: Walk Down Level

Association/Amenities

  • Development Name: Grand Traverse Valleyview Cond

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Rental History

Tax Info

  • Summer Taxes: 1574.43
  • Taxable Value: 42500
  • Winter Taxes: 352.11
  • Year Summer: 2017
  • Year Winter: 2017

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Apr 6, 2018
Sold by
Family Travel Resorts Llc
Bought by
Nelson Gelinas and Gelinas Shirley
Seller's Agent
John Ammar
Keller Williams Northern Michi
Buyer's Agent
John Ammar
Keller Williams Northern Michi
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Current Estimated Value
$252,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,569
Avg. Annual Appreciation
10.20%

Purchase Details

Closed on
Jun 23, 2015

Purchase Details

Closed on
Aug 3, 2007

Purchase Details

Closed on
Dec 8, 2000

Purchase Details

Closed on
Jan 25, 1999
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
Nelson Gelinas $120,000 --
-- -- --
-- $88,000 --
-- $129,900 --
-- $95,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $120,000 -3.9% $169 / Sq Ft
02/08/2018 02/08/18 For Sale $124,900 -- $176 / 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 $2,968 $100,800 $0 $0
2024 $2,386 $93,700 $0 $0
2023 $2,278 $57,400 $0 $0
2022 $2,687 $62,600 $0 $0
2021 $2,600 $57,400 $0 $0
2020 $2,642 $58,600 $0 $0
2019 $2,628 $57,700 $0 $0
2018 $1,922 $42,200 $0 $0
2017 -- $42,500 $0 $0
2016 -- $52,500 $0 $0
2014 -- $56,000 $0 $0
2012 -- $52,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1842612

Northern Great Lakes REALTORS® MLS

APN: 01-454-004-00