NOT LISTED FOR SALE

5490 S Park Rd Traverse City, MI 49684

Estimated Value: $603,000 - $1,129,000

2 Beds
1 Bath
720 Sq Ft
$1,208/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $212,500 $295 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $5,284/month

15 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Deck
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Balcony

About This Home

As of June 2013

50' of Private Sandy Frontage on South Lake Leelenau. This 2BR/1Bath Cottage has 720 square feet of Living Space, Septic System, Small Detached Garage, and is on a long and level lot on All Sports Lake Leelanau. Enjoy Sunsets from the 2 Decks on this small Cottage.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 04/18/2013

Coldwell Banker Schmidt Traver

Last Buyer's Agent

John Wintzinger

Traverse Area Realty License #6502412746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,986

Year Built

  • Built in 1935

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 280x50
  • Private Waterfront
  • 50 Feet of Waterfront
  • Dirt Road
  • Sandy Beach
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Home Design

  • Fixer Upper
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 720 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Water Views
  • Crawl Space
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Shared Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Balcony
  • Deck

Utilities

  • Baseboard Heating
  • Well

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,986

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 1935
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 24
  • Year Updated: 1935
  • Year Renovated: 1935
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1935

Interior Features

  • Appliances Equipment: No Appliances
  • Interior Amenities: Fixer-Upper
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13x10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room: Dimensions: 11.5xCombo, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 15.5xCombo, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 12x11, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 720
  • Price Per Sq Ft: 295.14
  • Range: R 11W
  • Total Finished Sf Apx: 720

Exterior Features

  • Body Of Water: South Lake Leelanau
  • Exterior Features: Balcony, Deck
  • Exterior Finish: Wood
  • Foundation: Crawl Space
  • Number Of Acres: 0.34
  • Road: Dirt
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water, Vegetation to Water Edge
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway: Dirt, Shared
  • Garage Capacity: 1
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Baseboard
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Level
  • Lot Dimensions: 280x50
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2005
Sold by
Wenzel Timothy G
Bought by
Rosenbaum James and Rosenbaum Ann
Current Estimated Value
$870,055
Source: Public Records

Range of Values:

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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
Rosenbaum James $385,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2013 06/28/13 Sold $212,500 +7.9% $295 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $197,010 -- $274 / 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 $7,986 $341,200 $0 $0
2024 $6,818 $331,200 $0 $0
2023 $6,487 $287,800 $0 $0
2022 $7,143 $199,300 $0 $0
2021 $6,953 $193,500 $0 $0
2020 $6,953 $201,100 $0 $0
2019 $6,582 $194,000 $0 $0
2018 -- $187,800 $0 $0
2017 -- $185,700 $0 $0
2016 -- $177,900 $0 $0
2015 -- $178,900 $0 $0
2014 -- $77,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hagan

    Seller's Agent in 2013

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    380 Total Sales

    Mark Hagan
    Section Image
  • John Wintzinger

    Buyer's Agent in 2013

    John Wintzinger

    Traverse Area Realty

    (231) 313-4560

    88 Total Sales

    John Wintzinger
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1744246

Northern Great Lakes REALTORS® MLS

APN: 001-124-023-00

Michigan Leelanau County Traverse City 49684

5490 S Park Rd, Traverse City, MI

This home is located at 5490 S Park Rd, Traverse City, MI 49684 since 18 April 2013 and is currently estimated at $870,055, approximately $1,208 per square foot. This property was built in 1935. 5490 S Park Rd is a home located in Leelanau County with nearby schools including Suttons Bay Elementary School and Suttons Bay Senior High School.

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.

Northern Great Lakes REALTORS® MLS 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.

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