NOT LISTED FOR SALE

5047 S Colonial Dr Traverse City, MI 49685

Estimated Value: $510,000 - $581,000

3 Beds
2.5 Baths
1,501 Sq Ft
$359/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $310,000 $207 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,263/month

34 Days on Market

Highlights

  • Countryside Views
  • Deck
  • Main Floor Primary Bedroom
  • Willow Hill Elementary School Rated A-
  • Cathedral Ceiling
  • Mud Room

About This Home

As of December 2019

Heritage Estates home! Great location, minutes from downtown Traverse City. Impeccable two-story home features beautiful wood floors; gorgeous fireplace; a cook's kitchen with hard surface counters, stainless steel appliances and lots of room for entertaining. Mud room has a half bath. Lower level has egress window & is plumbed for 3rd bath. Very private back yard with multiple decks to enjoy the beautiful landscaping. Front porch enhances the curb appeal. Near to shopping, world-class medical care, dining & entertainment and much more.

Last Agent to Sell the Property

Cookie McCullough

REO-TCRandolph-233022 License #6501290857 Listed on: 10/09/2019

Last Buyer's Agent

Sharon Edson

REO-TCRandolph-233022 License #6506036343

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,709

Year Built

  • Built in 2005

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 97x146x120x159
  • Landscaped
  • Sloped Lot
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,501 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Countryside Views
  • Basement Window Egress

Kitchen

  • Oven or Range
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Granite Bathroom Countertops

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Air
  • Natural Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Heritage Estates Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,709

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 2005
  • Construction: Frame
  • Section Number: 18
  • Year Updated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Cook Top, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Pantry, Granite Bath Tops, Solid Surface Counters, Island Kitchen, Mud Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13.8x13.7, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.5x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11x11, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 11x9, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 11x13, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15x17, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1501
  • Estimated Below Grade Unfinished Sq Ft: 733
  • Price Per Sq Ft: 206.53
  • Range: R 11W
  • Total Finished Sf Apx: 1501

Exterior Features

  • Exterior Features: Deck, Sidewalk, Countryside View, Covered Porch, Landscaped, Porch, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Block, Egress Windows
  • Number Of Acres: 0.37
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Hot Water, Central Air
  • Laundry: Dimensions: 6x8, On Level: Main Floor, Flooring: Tile
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, Dish TV
  • Water: Municipal

Association/Amenities

  • Development Name: Heritage Estates

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Sloping
  • Lot Dimensions: 97x146x120x159
  • Parcel Description: Site Condo
  • 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
Oct 9, 2019
Closed on
Dec 18, 2019
Sold by
Rodney Werly
Bought by
Turns Robert
Seller's Agent
Cookie McCullough
REO-TCRandolph-233022
Buyer's Agent
Sharon Edson
REO-TCRandolph-233022
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Current Estimated Value
$538,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,797
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Jul 28, 2005
Source: Public Records

Range of Values:

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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
Turns Robert $310,000 --
-- $41,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2019 12/18/19 Sold $310,000 -3.1% $207 / Sq Ft
10/09/2019 10/09/19 For Sale $319,900 -- $213 / 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 $4,709 $257,200 $0 $0
2024 $3,181 $208,500 $0 $0
2023 $3,044 $161,400 $0 $0
2022 $4,299 $172,700 $0 $0
2021 $4,156 $161,400 $0 $0
2020 $3,727 $137,400 $0 $0
2019 $2,965 $128,000 $0 $0
2018 $0 $120,700 $0 $0
2017 -- $121,500 $0 $0
2016 -- $113,000 $0 $0
2014 -- $112,200 $0 $0
2012 -- $104,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1868395

Northern Great Lakes REALTORS® MLS

APN: 05-154-153-00