NOT LISTED FOR SALE

5502 Bayview Way Williamsburg, MI 49690

Estimated Value: $467,905 - $570,000

3 Beds
3 Baths
1,546 Sq Ft
$332/Sq Ft Est. Value

Last Sold October 10, 2022

Last sale price $415,000 $268 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,931/month

5 Days on Market

Highlights

  • Golf Course Community
  • Golf Course View
  • Vaulted Ceiling
  • Courtade Elementary School Rated A-
  • Deck
  • Ground Level Unit

About This Home

As of October 2022

Enjoy the world renowned Grand Traverse Resort with this beautiful condo right next to the 5th green of the Spruce Run golf course! The location is the closest off-site condo to the hotel, restaurants, health club, golf courses, and more! Private & spacious and just a lovely, short walk to resort amenities (w/ membership), this furnished ground level unit boasts a massive great room w/ gas fireplace and a beautiful view of the golf course and the surrounding natural grounds. Also sharing the view is a SW facing deck divided into both covered and uncovered spaces & only feet from the putting green which is the perfect spot for sipping Arnold Palmers or cocktails. The spacious master suite also shares the fabulous view and has private access to the deck. A small studio space in the lower level and a two car garage provide ample extra space for boats, cars, kayaks, & clubs. Whether you are looking for a full-time residence or an Up-North golf retreat/vacation home, this location provides the perfect opportunity not only for enjoying golf in your front yard & the resort itself, but for exploring the nearby beaches and outlying communities including vibrant downtown Traverse City only 10 minutes away. Additionally, the unit is in compliance with the resort rental program with a strong history of consistent income. Stay when you want then let someone else rent it when you aren't there. This is a fabulous way to own an income-generating piece of real estate in a gorgeous location! Click on tour link for virtual tour

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 07/22/2022

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 07/22/2022

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • Landscaped
  • Sloped Lot
  • Sprinkler System
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $500 Monthly HOA Fees

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,546 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Golf Course Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Shared Driveway

Outdoor Features

  • Waterfront Park
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Natural Gas Water Heater
  • Shared Septic
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Minimal Steps
  • Ground Level Unit

Community Details

Overview

  • Association fees include exterior maintenance, snow removal
  • Bayview Condos Community

Recreation

  • Golf Course Community
  • Tennis Courts
  • Exercise Course
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1980
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Solid Surface Counters, Great Room, Vaulted Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 19x12.5, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 16x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 16x12, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: combox21, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12x10, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 28xcombo, On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 1546

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Golf Course View, Golf Course Frontage, Landscaped
  • Exterior Finish: Wood
  • Foundation: Block
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop, Shared
  • Garage Capacity: 2
  • Primary Garage: Attached, Drive Under/Built-In, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor, Flooring: Tile
  • Sewer: Shared Septic
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet, Dish TV, WiFi
  • Water: Shared Well

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 500

Association/Amenities

  • Development Amenities: Golf Course, Tennis Court, Exercise Facility, Pool, Water Front Park, Spa
  • Development Name: BAYVIEW CONDOS

Lot Info

  • Land Features: Cleared, Sloping
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Oct 7, 2022
Sold by
Cara Props Llc
Bought by
Monaco Diana
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$420,000
Sold Price
$415,000
Premium/Discount to List
-$5,000
-1.19%
Views
34
Current Estimated Value
$513,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,976
Avg. Annual Appreciation
6.94%

Purchase Details

Closed on
Sep 18, 2012

Purchase Details

Closed on
Jun 20, 2012

Purchase Details

Closed on
Jan 20, 2010

Purchase Details

Closed on
Sep 2, 2005

Purchase Details

Closed on
Jan 25, 1999

Purchase Details

Closed on
Jul 14, 1997

Purchase Details

Closed on
Nov 29, 1994
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Monaco Diana $415,000 --
-- -- --
-- $174,900 --
-- $296,400 --
-- $268,000 --
-- $204,500 --
-- $184,000 --
-- $164,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2022 10/10/22 Sold $415,000 -1.2% $268 / Sq Ft
07/22/2022 07/22/22 For Sale $420,000 -- $272 / 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 $8,763 $210,000 $0 $0
2024 $7,044 $210,000 $0 $0
2023 $6,724 $135,200 $0 $0
2022 $5,171 $135,200 $0 $0
2021 $5,004 $135,200 $0 $0
2020 $4,911 $136,700 $0 $0
2019 $4,869 $106,900 $0 $0
2018 $5,512 $121,000 $0 $0
2017 -- $121,100 $0 $0
2016 -- $122,300 $0 $0
2014 -- $131,900 $0 $0
2012 -- $132,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1902930

Northern Great Lakes REALTORS® MLS

APN: 01-446-002-00