Seller's Agent in 2017
Steve Scheppe
Viewpoint Realty
(231) 590-5823
2 in this area
232 Total Sales
517 S Oak St Traverse City, MI 49684
Central NeighborhoodEstimated Value: $492,000 - $687,000
4
Beds
4
Baths
2,158
Sq Ft
$265/Sq Ft
Est. Value
Highlights
- Attached Garage
- Central High School Rated A-
- Shed
About This Home
As of November 2017Fourplex rental property with an Excellent Downtown Traverse City Location! This property is just a short walk away from all the wonderful Downtown amenities, making it an ideal location for current and future tenants. Each unit offers one bedroom and one bath with two units on main level and two units on the upper level all with their own private entrance. Each unit is metered separately for gas and electric service. Tenants pay gas and electric bills, owner pays for water, sewer and exterior maintenance. All current tenants are on month to month lease structure.
Last Agent to Sell the Property
Viewpoint Realty License #6502432934 Listed on: 07/26/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,430
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 61'x50'
- The community has rules related to zoning restrictions
Parking
- Attached Garage
Home Design
- Fire Rated Drywall
- Frame Construction
- Membrane Roofing
- Vinyl Siding
Interior Spaces
- 2,158 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Recirculated Exhaust Fan
Basement
- Michigan Basement
- Partial Basement
- Crawl Space
- Basement Storage
Outdoor Features
- Shed
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
- Natural Gas Water Heater
- Cable TV Available
Community Details
- 4 Units
- Perry Hannahs 1St Community
Listing and Financial Details
- Rent includes exterior maintenance, snow removal, water, sewer
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2017
Closed on
Nov 10, 2017
Sold by
Rom Edward J
Bought by
Goldman Mark A and Goldman Spring P
Seller's Agent
Steve Scheppe
Viewpoint Realty
Buyer's Agent
Kim Costanza
Traverse Real Estate
List Price
$224,500
Sold Price
$197,000
Premium/Discount to List
-$27,500
-12.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,307
Avg. Annual Appreciation
14.32%
Purchase Details
Closed on
Feb 5, 1991
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goldman Mark A | $197,000 | -- | |
| -- | $27,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2017 11/10/17 | Sold | $197,000 | -12.2% | $91 / Sq Ft |
| 07/26/2017 07/26/17 | For Sale | $224,500 | -- | $104 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $7,430 | $210,700 | $0 | $0 |
| 2024 | $6,864 | $193,800 | $0 | $0 |
| 2023 | $6,439 | $135,000 | $0 | $0 |
| 2022 | $6,645 | $147,400 | $0 | $0 |
| 2021 | $6,485 | $135,000 | $0 | $0 |
| 2020 | $6,414 | $115,800 | $0 | $0 |
| 2019 | $5,697 | $108,800 | $0 | $0 |
| 2018 | $5,574 | $99,400 | $0 | $0 |
| 2017 | -- | $126,500 | $0 | $0 |
| 2016 | -- | $119,700 | $0 | $0 |
| 2014 | -- | $85,900 | $0 | $0 |
| 2012 | -- | $69,900 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Scheppe
-
Kim Costanza
Buyer's Agent in 2017
Kim Costanza
Traverse Real Estate
(727) 452-2572
1 in this area
37 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1836174
APN: 51-818-101-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Nearby Homes
- 421 W Ninth St
- 302 W Tenth St
- 610 W Tenth St
- 630 W Eighth St
- 337 W Eleventh St
- 423 Fifth St
- 203 W Seventh St
- 417 W Twelfth St
- 530 S Union St
- 628 Sixth St
- 311 W 12th St
- 733 Sixth St
- 115 E Eighth St Unit 16
- 400 W Front St Unit 9
- 135 E Eighth St Unit 211
- 138 Gillis St Unit 20
- 111 E State St Unit PH A
- 111 E State St Unit PH B
- 200 Gillis St
- 208 Gillis St Unit 12
- 434 W Ninth St
- 436 W Ninth St
- 513 S Oak St
- 432 W Ninth St
- 502 W Ninth St
- 430 W Ninth St
- 437 W Eighth St
- 441 W Eighth St
- 508 W Ninth St
- 428 W Ninth St
- 435 W Eighth St
- 503 W Eighth St
- 431 W 8th St
- 507 W Eighth St
- 424 W Ninth St
- 510 W Ninth St
- 425 W Eighth St
- 511 W Eighth St
- 439 W Ninth St
- 435 W Ninth St