NOT LISTED FOR SALE

516 Gitchegumee Dr Buckley, MI 49620

Estimated Value: $389,000 - $547,000

2 Beds
2.5 Baths
1,988 Sq Ft
$246/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $535,000 $269 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,986/month

97 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Second Garage
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • 2 Car Attached Garage

About This Home

As of December 2024

Nestled on the serene shores of Lake Gitchegumee, this well-maintained home is situated on a spacious double lot, with 120 feet of private frontage, providing stunning lake views and ample space for outdoor activities. Featuring two comfortable bedrooms and two and 1/2 bathrooms, there is plenty of room for everyone! The interior exudes warmth and comfort, with plenty of natural light and inviting living spaces. The exterior is equally impressive, with a beautifully landscaped yard that extends to the water's edge. Enjoy fishing, boating, or simply relaxing by the lake on your own private frontage. Additional features include a whole- house generator, ensuring peace of mind during any power outages, walk-out lower level and most furnishings stay with the home - including two kayaks and the dock! Experience lakeside living at its finest with this unique property on Lake Gitchegumee.

Last Agent to Sell the Property

Matthew Dakoske

REMAX Bayshore - Union St TC Listed on: 07/09/2024

REMAX Bayshore - Union St TC

Last Buyer's Agent

Camille Campbell

Coldwell Banker Schmidt Traverse City

Coldwell Banker Schmidt Traverse City

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 169 x 122
  • Private Waterfront
  • 120 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,988 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Home Security System

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Second Garage

Outdoor Features

  • Deeded Waterfront Access Rights
  • No Wake Zone
  • Private Dock

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Heated On Demand
  • Water Softener is Owned

Community Details

  • Lake Gitchegumee Community

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2019
  • Construction: 2x6 Framing, Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2019

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Security System, Freezer, Exhaust Fan, Ceiling Fan, On Demand Water Heater
  • Interior Amenities: Walk-In Closet(s)
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 14.3x13.11, On Level: Main Floor
  • Bedroom 2: Dimensions: 15.8x13.10, On Level: Lower Floor
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 13x11.1, On Level: Main Floor
  • Kitchen: Dimensions: 12.2x14.7, On Level: Main Floor
  • Living Room: Dimensions: 16.4x17.9, On Level: Main Floor
  • Range: R 11W
  • Total Finished Sf Apx: 1988

Exterior Features

  • Additional Buildings: Secondary Garage(s)
  • Body Of Water: Lake Gitchegumee
  • Exterior Features: Sprinkler System, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Finished Rooms
  • Number Of Acres: 0.47
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Private Dock, Sandy Bottom, No Wake
  • Waterfront Frontage: 120

Garage/Parking

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

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 150
  • Association Fees: Annual

Association/Amenities

  • Development Name: Lake Gitchegumee

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared
  • Lot Dimensions: 169 x 122
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Buckley Community School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Dec 6, 2024
Sold by
Cook Susan R
Bought by
Teichman Michael R and Teichman Mary L
Seller's Agent
Matthew Dakoske
REMAX Bayshore - Union St TC
Buyer's Agent
Camille Campbell
Coldwell Banker Schmidt Traverse City
List Price
$695,000
Sold Price
$535,000
Premium/Discount to List
-$160,000
-23.02%
Views
12
Current Estimated Value
$489,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,325
Avg. Annual Appreciation
-7.17%

Purchase Details

Closed on
Apr 27, 2018
Sold by
Bordine Larry and Bissonnette-Bordine Nancy
Bought by
Cook Randolph T and Cook Susan R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Teichman Michael R $535,000 --
Cook Randolph T $52,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $535,000 -2.7% $269 / Sq Ft
10/01/2024 10/01/24 Price Changed $550,000 -7.6% $277 / Sq Ft
07/29/2024 07/29/24 Price Changed $595,000 -14.4% $299 / Sq Ft
07/09/2024 07/09/24 For Sale $695,000 -- $350 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $4,504 $252,800 $0 $0
2024 $20 $225,200 $0 $0
2023 $3,950 $207,300 $0 $0
2022 $3,950 $166,700 $0 $0
2021 $3,883 $139,900 $0 $0
2020 $3,882 $135,000 $0 $0
2019 $1,270 $27,000 $0 $0
2018 -- $24,000 $0 $0
2017 -- $21,000 $0 $0
2016 -- $20,100 $0 $0
2015 -- $20,100 $0 $0
2013 -- $21,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1924454

Northern Great Lakes REALTORS® MLS

APN: 2411-LG1-077

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