NOT LISTED FOR SALE

5302 Highland Dr Traverse City, MI 49685

Estimated Value: $1,251,000 - $1,385,000

3 Beds
3 Baths
2,581 Sq Ft
$516/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $545,000 $211 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $8,334/month

221 Days on Market

Highlights

  • Boathouse
  • Deeded Waterfront Access Rights
  • Contemporary Architecture
  • Private Waterfront
  • Private Dock
  • Fireplace

About This Home

As of December 2012

Remarable 4 bedroom, 3 bath home on prestine sandy beach frontage on Siver Lake. mature trees in front yard that extends to upscaled neighbors front yard also. Stone fireplace, beautiful kitchen, cathedral ceilings, main floor master over looking the lake. One of the nicest spots on Siver Lake.

Last Agent to Sell the Property

Steven Duperon

REO-TCRandolph-233022 License #6501271199 Listed on: 04/26/2012

REO-TCRandolph-233022

Last Buyer's Agent

Lynn Robinson

COLDWELL BANKER SCHMIDT-CHARLE License #6501318052

COLDWELL BANKER SCHMIDT-CHARLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,863

Year Built

  • Built in 2003

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 100' x285'
  • Private Waterfront
  • 100 Feet of Waterfront
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,581 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Boathouse
  • Private Dock

Utilities

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

Community Details

  • Beacon Hills Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,863

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2003
  • Construction: Timber Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned
  • Bedrooms: 3
  • Bedroom 1: On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Dining Room: On Level: Main Floor, Flooring: None
  • Family Room: On Level: Lower Floor, Flooring: None
  • Kitchen: Dimensions: 23'x11', On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 27'x10', On Level: Main Floor, Flooring: None
  • Total Finished Sf Apx: 2581

Exterior Features

  • Additional Buildings: Boat House
  • Body Of Water: Silver Lake
  • Exterior Finish: Wood
  • Foundation: Full, Walkout
  • Number Of Acres: 0.65
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Private Dock
  • Waterfront Frontage: 100

Garage/Parking

  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Water: Private Well

Association/Amenities

  • Development Name: Beacon Hills

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: 100' x285'
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2012
Closed on
Dec 21, 2012
Seller's Agent
Steven Duperon
REO-TCRandolph-233022
Buyer's Agent
Lynn Robinson
COLDWELL BANKER SCHMIDT-CHARLE
List Price
$685,000
Sold Price
$545,000
Premium/Discount to List
-$140,000
-20.44%
Current Estimated Value
$1,333,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,032
Avg. Annual Appreciation
7.18%

Purchase Details

Closed on
Sep 12, 2002

Purchase Details

Closed on
Jul 1, 2002

Purchase Details

Closed on
Sep 6, 1996
Source: Public Records

Range of Values:

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Average Value
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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
-- $545,000 --
-- $200,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $545,000 -20.4% $211 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
04/26/2012 04/26/12 For Sale $685,000 -- $265 / 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 $15,863 $635,800 $0 $0
2024 $12,782 $485,700 $0 $0
2023 $12,202 $375,900 $0 $0
2022 $14,414 $353,000 $0 $0
2021 $13,945 $375,900 $0 $0
2020 $13,796 $339,400 $0 $0
2019 $13,741 $314,700 $0 $0
2018 $0 $353,300 $0 $0
2017 -- $335,900 $0 $0
2016 -- $320,200 $0 $0
2014 -- $277,700 $0 $0
2012 -- $310,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1735295

Northern Great Lakes REALTORS® MLS

APN: 05-050-009-00