NOT LISTED FOR SALE

5415 Marks Ln Traverse City, MI 49684

Estimated Value: $476,000 - $524,000

4 Beds
3 Baths
2,608 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $460,000 $176 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,794/month

49 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Corner Lot
  • Wooded Lot
  • Ranch Style House
  • Covered Patio or Porch

About This Home

As of July 2024

This impeccably maintained ranch is situated in a sought after neighborhood on the desirable west side of Traverse City. The living room's vaulted ceilings and large windows create an abundance of natural light, while the newly finished lower level with wet bar provides extra space for entertainment or relaxation. This large, private lot allows you to enjoy the best of a northern Michigan summer. Get cozy around the fire pit in the evenings, and utilize your green thumb in the raised garden beds. Enjoy the serene, private setting of your new home, while being conveniently close to all the amenities and attractions that Traverse City has to offer. Many updates and improvements, including new standing-seam medal roof and gutters, new dishwasher, washer, and dryer, and new composite decking. Lower level bedroom could easily be split to create an additional bedroom or office.

Last Agent to Sell the Property

Katie Grizzel

Coldwell Banker Schmidt Traver License #6501393544 Listed on: 05/22/2024

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Pam Stowe

REO-TCRandolph-233022 License #6501285177

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 1.17 Acre Lot
  • Lot Dimensions are 316 x 150
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,608 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Entrance Foyer
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Utilities

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

Community Details

  • Markers Woods 2 Community

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1997
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan
  • Interior Amenities: Skylights, Foyer Entrance, Walk-In Closet(s), Wet Bar, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 12x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10’10x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 21’9x13’10, On Level: Lower Floor, Flooring: Other
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12’9x12, On Level: Main Floor
  • Family Room: Dimensions: 27x21’8, On Level: Lower Floor
  • Kitchen: Dimensions: 11x10, On Level: Main Floor
  • Living Room: Dimensions: 17’5x14, On Level: Main Floor, Flooring: Carpet
  • Range: R 12W
  • Total Finished Sf Apx: 2608

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Covered Porch, Garden Area, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Full Finished
  • Number Of Acres: 1.17
  • Road: Public Maintained, Blacktop
  • Roof: Metal

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Markers Woods 2

Lot Info

  • Land Features: Corner Lot, Wooded, Level
  • Lot Dimensions: 316 x 150
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jul 17, 2024
Sold by
Ward Susan and Ward Ethan
Bought by
Becker Jesse
Seller's Agent
Katie Grizzel
Coldwell Banker Schmidt Traver
Buyer's Agent
Pam Stowe
REO-TCRandolph-233022
List Price
$460,000
Sold Price
$460,000
Views
42
Current Estimated Value
$488,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,531
Avg. Annual Appreciation
4.21%

Purchase Details

Closed on
Jul 14, 2017
Sold by
Marcy Delaere
Bought by
Miller Ethan and Ward Susan

Purchase Details

Listed on
Mar 11, 2013
Closed on
Apr 18, 2013
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Bryan Olshove
Coldwell Banker Schmidt Traver
List Price
$172,900
Sold Price
$170,000
Premium/Discount to List
-$2,900
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Jul 3, 2012
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Becker Jesse $460,000 --
Miller Ethan $227,700 --
-- $170,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2024 07/19/24 Sold $460,000 0.0% $176 / Sq Ft
05/22/2024 05/22/24 For Sale $460,000 +170.6% $176 / Sq Ft
04/25/2013 04/25/13 Sold $170,000 -1.7% $121 / Sq Ft View Prior Sale
04/23/2013 04/23/13 Pending -- -- --
03/11/2013 03/11/13 For Sale $172,900 -- $123 / 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 $2,905 $195,800 $0 $0
2024 $2,061 $156,000 $0 $0
2023 $1,972 $106,200 $0 $0
2022 $2,625 $114,300 $0 $0
2021 $2,558 $106,200 $0 $0
2020 $2,539 $101,500 $0 $0
2019 $2,363 $95,600 $0 $0
2018 $2,318 $95,700 $0 $0
2017 -- $93,300 $0 $0
2016 -- $92,000 $0 $0
2014 -- $85,200 $0 $0
2012 -- $77,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1922570

Northern Great Lakes REALTORS® MLS

APN: 08-239-045-00