NOT LISTED FOR SALE

5221 N Us-31 N Williamsburg, MI 49690

Estimated Value: $697,000 - $914,000

3 Beds
2 Baths
2,300 Sq Ft
$344/Sq Ft Est. Value

Last Sold February 21, 2018

Last sale price $420,000 $183 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $5,194/month

77 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Courtade Elementary School Rated A-
  • Private Dock
  • Spa

About This Home

As of February 2018

Here's your chance to have your cake and eat it too. This 1st floor luxury waterfront condo on East Grand Traverse Bay allows short term rentals and has generated over $23,000 in gross rentals over the last 3 years through GT Resort's rental program. Buyers do not have to be part of the rental program though. You can manage your own rentals and save the management fee. Come and walk through! This one isn't going to last long! Condo comes with two dedicated parking spaces in the convenient underground parking garage, easy access to the TART and VASA trails and is just a short drive to downtown Traverse City. There is even a shared dock for your summer time water toys!

Last Agent to Sell the Property

Tom Krause

Krause Realty Solutions License #6504205259 Listed on: 11/28/2017

Last Buyer's Agent

Robert Murray

Coldwell Banker Schmidt-Kalkas License #6502117292

Coldwell Banker Schmidt-Kalkas

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,344

Year Built

  • Built in 2006

Lot Details

  • Private Waterfront
  • 297 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Membrane Roofing
  • Cement Board or Planked

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Bay Window
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Bay Views
  • Intercom

Kitchen

  • Oven or Range
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible

Eco-Friendly Details

  • Energy-Efficient Windows
  • Home Performance with ENERGY STAR
  • ENERGY STAR Qualified Equipment for Heating
  • Rain Water Catchment

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Deck
  • Covered Patio or Porch

Location

  • Ground Level Unit
  • Property is near a Great Lake

Utilities

  • Forced Air Heating and Cooling System
  • ENERGY STAR Qualified Air Conditioning
  • Heating unit installed on the ceiling
  • Programmable Thermostat
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, fire insurance, heat, lawn care, liability insurance, sewer, snow removal, trash removal, water
  • Surfside Condominiums Community

Amenities

  • Elevator

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,344

Year Built

Built in 2006

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2006
  • Construction: Brick, 2x6 Framing, Frame
  • Private Shared: Shared
  • Section Number: 3
  • Univs Design Barrier Free: Widened Doors, Main Floor Access, No Steps Entry, Covered Entrance, Ramped Entrance, Low Threshold Shower, Raised Toilet, Bathroom Sink, Kitchen Sink, Levered Door Knobs, Lowered Light Switches, Rocker Light Switch, Elevator
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2006

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Hot Tub, Freezer, Cook Top, Exhaust Fan, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Jetted Tub, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Kitchen Tops, Formal Dining Room, Great Room, Intercom, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 21x15, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 19x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14x11, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 14x12, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14x13, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 30x17, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2300
  • Price Per Sq Ft: 182.61
  • Range: R 10W
  • Total Finished Sf Apx: 2300

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Sprinkler System, Deck, Patio, Sidewalk, Handicap Access, Covered Porch, Landscaped
  • Exterior Finish: Cement Board, Brick
  • Foundation: Poured Concrete
  • Road: Public Maintained, Blacktop
  • Roof: Membrane
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Private Dock, Soft Bottom, Rocky Shoreline, Sandy Bottom, Gradual Slope to Water, Great Lake, Public Lake, Stony Bottom, Bay View
  • Waterfront Frontage: 297

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Drive Under/Built-In, Assigned Parking Space, Door Opener, Heated, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Insert
  • Heating Cooling Types: Forced Air, Central Air, Ceiling
  • Laundry: Dimensions: 8x8, On Level: Main Floor, Flooring: Tile
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Heat, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Annual Association Fees: 5700
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Outdoor), Stairway (Indoor)
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Name: Surfside Condominiums

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Commercial

Green Features

  • Energy Efficient: Energy Star Appliances, Energy Efficient Windows
  • Renewable: Energy Star Rated A/C, Programmable Thermostat, Energy Star Rated Furnace

Multi Family

  • Water Conservation: Rain Water Collection

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2024
Sold by
Ascione Renee
Bought by
Cobb Jeffery
Current Estimated Value
$790,313

Purchase Details

Listed on
Nov 28, 2017
Closed on
Feb 20, 2018
Sold by
Srdjak Michael S
Bought by
Chwastek Todd E and Chwastek Renee
Seller's Agent
Tom Krause
Krause Realty Solutions
Buyer's Agent
Robert Murray
Coldwell Banker Schmidt-Kalkas
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
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
Cobb Jeffery $800,000 --
Chwastek Todd E $420,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2018 02/21/18 Sold $420,000 -4.3% $183 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
11/28/2017 11/28/17 For Sale $439,000 -- $191 / 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 $6,344 $354,500 $0 $0
2024 $4,268 $354,500 $0 $0
2023 $4,084 $213,000 $0 $0
2022 $9,578 $213,000 $0 $0
2021 $9,268 $213,000 $0 $0
2020 $9,096 $215,400 $0 $0
2019 $9,018 $198,000 $0 $0
2018 $4,310 $198,000 $0 $0
2017 -- $198,000 $0 $0
2016 -- $200,200 $0 $0
2014 -- $204,600 $0 $0
2012 -- $206,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1840921

Northern Great Lakes REALTORS® MLS

APN: 01-310-001-00