NOT LISTED FOR SALE

5246 Circle Dr Unit 2 Traverse City, MI 49696

Estimated Value: $166,000 - $267,266

0.5 Acre
$476,634 Price per Acre
21,780 Sq Ft Lot

Last Sold August 04, 2020

Last sale price $160,000

Est. 49% increase in value since last sale

Current estimated payment $1,517/month

66 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 100 Feet of Waterfront
  • Bluff on Lot
  • Courtade Elementary School Rated A-
  • Sandy Beach
  • Lake Privileges

About This Lot

As of August 2020

Rare opportunity to own a vacant wooded lot with 100 ft. of private, sandy frontage on all-sports Rennie Lake! There is no public access on the lake, so it's virtually like living on a private lake! Private and peaceful setting with abundant wildlife. Easement exists for driveway access. Survey on file. Health dept. approval for well & septic.

Last Agent to Sell the Property

Michael Mitchell

REO-TCRandolph-233022 License #6501200118 Listed on: 05/18/2020

REO-TCRandolph-233022

Last Buyer's Agent

Matthew Dakoske

REMAX Bayshore - Union St TC License #6501148333

REMAX Bayshore - Union St TC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,221

Lot Details

  • 0.5 Acre Lot
  • 100 Feet of Waterfront
  • Dirt Road
  • Sandy Beach
  • Bluff on Lot
  • Sloped Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views
  • Countryside Views

Utilities

  • Well
  • Private or Community Septic Tank

Community Details

Overview

  • Pinewood Shores 2Nd Addition Community

Recreation

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$3,221

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 10W

Exterior Features

  • Body Of Water: Rennie Lake
  • Exterior Features: Subject To Easements, Will Build To Suit, Countryside View
  • Number Of Acres: 0.5
  • Road: Public Maintained, Gravel, Dirt
  • Water Features: Inland Lake, Water View, Sandy Bottom, Gradual Slope To Water, Bluff (less Than 10ft), Available For Purchase, Private Lake, Sandy Shoreline
  • Waterfront Frontage: 100

Utilities

  • Utilities Available: Electric
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Pinewood Shores 2nd Addition

Lot Info

  • Lot Number: 2
  • Deeded Waterfront: Yes
  • Land Features: Sloping
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Platted Subdivision, Bldg & Use Restrictions, Outbuildings Allowed

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Aug 1, 2020
Sold by
Mccutcheon Brian
Bought by
Kristock Christopher
Seller's Agent
Michael Mitchell
REO-TCRandolph-233022
Buyer's Agent
Matthew Dakoske
REMAX Bayshore - Union St TC
List Price
$179,900
Sold Price
$160,000
Premium/Discount to List
-$19,900
-11.06%
Current Estimated Value
$238,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,317
Avg. Annual Appreciation
7.90%

Purchase Details

Listed on
Jul 14, 2014
Closed on
Dec 11, 2014
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Michael Mitchell
REO-TCRandolph-233022
List Price
$125,000
Sold Price
$105,000
Premium/Discount to List
-$20,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%

Purchase Details

Closed on
Aug 26, 1993
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kristock Christopher $160,000 --
-- $105,000 --
-- $37,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2020 08/04/20 Sold $160,000 -11.1% --
07/23/2020 07/23/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $179,900 +71.3% --
12/19/2014 12/19/14 Sold $105,000 -16.0% -- View Prior Sale
12/15/2014 12/15/14 Pending -- -- --
07/14/2014 07/14/14 For Sale $125,000 -- --
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 $3,221 $70,000 $0 $0
2024 $2,590 $83,000 $0 $0
2023 $2,902 $65,000 $0 $0
2022 $2,902 $65,000 $0 $0
2021 $2,896 $65,000 $0 $0
2020 $2,890 $65,000 $0 $0
2019 $2,931 $65,000 $0 $0
2018 $2,930 $65,000 $0 $0
2017 -- $65,000 $0 $0
2016 -- $65,000 $0 $0
2014 -- $65,000 $0 $0
2012 -- $65,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1874683

Northern Great Lakes REALTORS® MLS

APN: 03-680-002-00