NOT LISTED FOR SALE

5063 S Colonial Dr Traverse City, MI 49685

Estimated Value: $515,000 - $594,829

4 Beds
3 Baths
2,149 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $483,500 $225 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,503/month

11 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Mud Room
  • Willow Hill Elementary School Rated A-
  • Ranch Style House
  • Solid Surface Countertops

About This Home

As of June 2023

1st time to ever hit the market!! This 2500+ sq ft ranch, built in 2016, with a partially finished lower level, is set in the desirable sub of Heritage Estates on the west side of Traverse City. 4 bed, 3 bath, open floor plan with butcher block island, quartz countertops, engineered hand scraped wood flooring and quartz fireplace surround. Conveniently located close to schools, churches, shopping, golf courses, and a short drive to downtown TC and many beaches! Enjoy sunset views on your front porch and let your 4 legged family members roam in the fenced in backyard. all measurements are approx.

Last Agent to Sell the Property

JOSEPH VAN ANTWERP

Keller Williams Northern Michigan License #6501332701 Listed on: 05/01/2023

Keller Williams Northern Michigan

Last Buyer's Agent

Andy Wichern

Traverse Area Realty License #6501424820

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,725

Year Built

  • Built in 2016

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 90 x 271 x 183 x 201
  • Fenced Yard
  • Sloped Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding
  • Cement Board or Planked

Interior Spaces

  • 2,149 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Home Gym

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Basement

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

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include snow removal
  • Heritage Estates Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,725

Year Built

Built in 2016

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 2016
  • Construction: 2x6 Framing, Frame
  • Section Number: 18
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2016

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Cook Top, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Walk-In Closet(s), Solid Surface Counters, Island Kitchen, Mud Room, Exercise Room, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 16.6x12, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 10.10x11.7, On Level: Main Floor
  • Bedroom 3: Dimensions: 10.10x11.7, On Level: Main Floor
  • Bedroom 4: Dimensions: 13.8x9.9, On Level: Lower Floor
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 21.9x13.7, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 19.8x15.5, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1563
  • Estimated Below Grade Finished Sq Ft: 886
  • Estimated Below Grade Unfinished Sq Ft: 200
  • Price Per Sq Ft: 224.99
  • Range: R 11W
  • Total Finished Sf Apx: 2149

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Sprinkler System, Deck, Patio, Sidewalk, Fenced Yard, Gutters
  • Exterior Finish: Vinyl, Stone, Cement Board
  • Foundation: Full, Poured Concrete, Egress Windows
  • Number Of Acres: 0.65
  • Road: Public Maintained, Association, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Insert
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Annual Association Fees: 25
  • Association Fees: Annual

Association/Amenities

  • Development Name: Heritage Estates

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Sloping
  • Lot Dimensions: 90 x 271 x 183 x 201
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Deed Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 16, 2023
Sold by
Cooper Michael and Cooper Andrea
Bought by
Mctaggart Kevin
Seller's Agent
JOSEPH VAN ANTWERP
Keller Williams Northern Michigan
Buyer's Agent
Andy Wichern
Traverse Area Realty
List Price
$450,000
Sold Price
$483,500
Premium/Discount to List
$33,500
7.44%
Views
69
Current Estimated Value
$556,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,457
Avg. Annual Appreciation
6.55%

Purchase Details

Closed on
Nov 7, 2013

Purchase Details

Closed on
Oct 28, 2004

Purchase Details

Closed on
Jul 30, 2003

Purchase Details

Closed on
Jul 29, 2003

Purchase Details

Closed on
Jul 26, 2002
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
Mctaggart Kevin $483,500 --
-- -- --
-- $27,000 --
-- $43,000 --
-- -- --
-- -- --
-- -- --
-- $35,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $483,500 +7.4% $225 / Sq Ft
05/01/2023 05/01/23 For Sale $450,000 -- $209 / 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 $6,725 $281,100 $0 $0
2024 $4,543 $250,500 $0 $0
2023 $2,803 $174,500 $0 $0
2022 $3,959 $190,100 $0 $0
2021 $3,827 $174,500 $0 $0
2020 $3,794 $166,600 $0 $0
2019 $3,802 $161,100 $0 $0
2018 $0 $145,700 $0 $0
2017 -- $146,200 $0 $0
2016 -- $21,000 $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: 1910443

Northern Great Lakes REALTORS® MLS

APN: 05-154-155-00