NOT LISTED FOR SALE

5072 Heritage Way Traverse City, MI 49685

Estimated Value: $497,590 - $548,000

3 Beds
2.5 Baths
2,913 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 16, 2012

Last sale price $180,250 $62 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $3,029/month

221 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Mud Room
  • Willow Hill Elementary School Rated A-
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of November 2012

Come on home to this spacious brick ranch in the desirable Heritage Estates. Almost 3000sf of living space on a .5 acre corner lot beautifully landscaped. Main floor ranch living with an extra rec room, 2 non-conforming bdrms and storage/workroom in the partially finished basement. Family room with a fireplace, 1/2 bath, and French doors to the deck. Study/den area off the kitchen with built in book cases around the 2nd fireplace . Master bath with private bath and walk in closet. Minutes to TC

Last Agent to Sell the Property

Renae Hansen

Century 21 Northland License #6506044076 Listed on: 03/05/2012

Century 21 Northland

Last Buyer's Agent

Kristine Shacklette

Century 21 Northland License #6501361952

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,417

Year Built

  • Built in 1988

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 127x149x139x149
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,913 Sq Ft Home
  • Bookcases
  • Cathedral Ceiling
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2.5 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Heritage Estates Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,417

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1988
  • Construction: Brick
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1988

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Mud Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 16'6x12'3, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13'8x10'9, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11'7x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Dining Room: Dimensions: 15'10x12'8, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 18.11"x17.5, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12'8x10, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 23x17.5, On Level: Main Floor, Flooring: Carpet
  • Total Finished Sf Apx: 2913

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Sidewalk
  • Foundation: Partial, Crawl Space, Daylight Windows, Finished Rooms
  • Number Of Acres: 0.5
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Gas
  • Heating Cooling Types: Forced Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Association/Amenities

  • Development Name: Heritage Estates

Lot Info

  • Lot Number: 4
  • Lot Dimensions: 127x149x139x149
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2012
Closed on
Nov 16, 2012
Seller's Agent
Renae Hansen
Century 21 Northland
Buyer's Agent
Kristine Shacklette
Century 21 Northland
List Price
$203,999
Sold Price
$180,250
Premium/Discount to List
-$23,749
-11.64%
Current Estimated Value
$521,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,398
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Oct 14, 2005

Purchase Details

Closed on
Apr 14, 1989
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
-- $180,300 --
-- $224,000 --
-- $104,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2012 11/16/12 Sold $180,250 -11.6% $62 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
03/05/2012 03/05/12 For Sale $203,999 -- $70 / 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 $3,417 $255,000 $0 $0
2024 $2,308 $216,900 $0 $0
2023 $2,208 $140,100 $0 $0
2022 $3,119 $172,700 $0 $0
2021 $3,015 $140,100 $0 $0
2020 $2,989 $130,800 $0 $0
2019 $2,996 $118,700 $0 $0
2018 $0 $117,900 $0 $0
2017 -- $113,500 $0 $0
2016 -- $105,700 $0 $0
2014 -- $100,600 $0 $0
2012 -- $115,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1733740

Northern Great Lakes REALTORS® MLS

APN: 05-149-004-00