NOT LISTED FOR SALE

5047 Village Lane Ct Unit 198 Traverse City, MI 49685

Estimated Value: $489,000 - $567,000

3 Beds
2 Baths
1,580 Sq Ft
$327/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $319,900 $202 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,089/month

454 Days on Market

Highlights

  • New Construction
  • Ranch Style House
  • Patio
  • Willow Hill Elementary School Rated A-
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of August 2020

Now complete Easy living with this new home with an open floor plan, split bedroom locations, rear patio, spacious master bedroom, air conditioning, appliances and much more. Located in a desirable development just out side city limits and features municipal water and sewer.

Last Agent to Sell the Property

Judy Curtice-Porter

REO-TCRandolph-233022 License #6506000348 Listed on: 04/26/2019

REO-TCRandolph-233022

Last Buyer's Agent

Matthew Dakoske

REMAX Bayshore - Union St TC License #6501148333

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,109

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 101x154
  • Sprinkler System
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 1,580 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • Association fees include sewer, water
  • Heritage Estates Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,109

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 2019
  • Construction: Frame, New Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2019

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave
  • Interior Amenities: Island Kitchen
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15.5x15.1, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10.1x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10.8x112, On Level: Main Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 11.1x10.1, On Level: Main Floor, Flooring: Other
  • Kitchen: Dimensions: 11x10.8, On Level: Main Floor, Flooring: Other
  • Living Room: Dimensions: 18x21.1, On Level: Main Floor, Flooring: Other
  • Range: R 11W
  • Total Finished Sf Apx: 1580

Exterior Features

  • Exterior Features: Sprinkler System, Patio
  • Exterior Finish: Vinyl
  • Number Of Acres: 0.35
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Heating Cooling Types: Central Air
  • Laundry: On Level: Main Floor, Flooring: Other
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Sewer, Water
  • Annual Association Fees: 387.5
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Heritage Estates

Lot Info

  • Lot Number: 198
  • Land Features: Cleared
  • Lot Dimensions: 101x154
  • 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
Apr 26, 2019
Closed on
Aug 4, 2020
Sold by
Eastwood Custom Homes Inc
Bought by
Barkman Russell H and Barkman Sandra S
Seller's Agent
Judy Curtice-Porter
REO-TCRandolph-233022
Buyer's Agent
Matthew Dakoske
REMAX Bayshore - Union St TC
List Price
$319,900
Sold Price
$319,900
Current Estimated Value
$516,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,133
Avg. Annual Appreciation
9.50%
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
Barkman Russell H $319,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $319,900 0.0% $202 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
04/26/2019 04/26/19 For Sale $319,900 -- $202 / 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 $4,109 $240,500 $0 $0
2024 $2,776 $192,900 $0 $0
2023 $2,656 $134,400 $0 $0
2022 $3,752 $160,700 $0 $0
2021 $3,627 $134,400 $0 $0
2020 $2,988 $119,800 $0 $0
2019 $402 $20,000 $0 $0
2018 $0 $17,900 $0 $0
2017 -- $20,000 $0 $0
2016 -- $15,000 $0 $0
2014 -- $10,000 $0 $0
2012 -- $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1859991

Northern Great Lakes REALTORS® MLS

APN: 05-154-198-00