NOT LISTED FOR SALE

5503 Bayview Way Williamsburg, MI 49690

Estimated Value: $387,000 - $528,000

3 Beds
2 Baths
1,246 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $345,000 $277 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,679/month

118 Days on Market

Highlights

  • Golf Course View
  • Deck
  • Great Room
  • Courtade Elementary School Rated A-
  • Vaulted Ceiling
  • Solid Surface Countertops

About This Home

As of December 2019

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 upper level unit has been completely refurbished & 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 the sunny, 200 sq/ft SW facing deck off of the main living space & only feet from the putting green which is the perfect spot for sipping Arnold Palmers or cocktails. The spacious master suite w/ a wall of closet space and the second bedroom on the opposite wing, also share the fabulous view and each have private access to the deck. The efficient kitchen has been cleverly organized and has updated appliances throughout with everything you need, and nothing you don't. 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 has been fully updated and 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!

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 09/04/2019

Coldwell Banker Schmidt Traver

Last Buyer's Agent

John Ammar

Keller Williams Northern Michigan License #6502362405

Keller Williams Northern Michigan

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

  • $545 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Golf Course Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deck

Utilities

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

Community Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

HOA Fees

$545 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
  • Year Renovated: 2014

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Breakfast Nook, 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: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • 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: 1246

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: Stairway (Indoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 544.63

Association/Amenities

  • Development Name: Bayview

Lot Info

  • Land Features: Cleared, Sloping
  • Parcel Description: Condo/None
  • 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
Sep 4, 2019
Closed on
Dec 30, 2019
Sold by
Cara Properties Llc
Bought by
Waters Realty Llc
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
John Ammar
Keller Williams Northern Michigan
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$480,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,340
Avg. Annual Appreciation
5.70%

Purchase Details

Listed on
Jan 21, 2014
Closed on
Apr 9, 2014
Seller's Agent
Erik Davidek
Coldwell Banker Schmidt Traver
Buyer's Agent
Erik Davidek
Coldwell Banker Schmidt Traver
List Price
$170,000
Sold Price
$140,000
Premium/Discount to List
-$30,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.08%
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
Waters Realty Llc $345,000 --
-- $140,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2019 12/31/19 Sold $345,000 -1.4% $277 / Sq Ft
12/31/2019 12/31/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $350,000 +150.0% $281 / Sq Ft
04/15/2014 04/15/14 Sold $140,000 -17.6% $109 / Sq Ft View Prior Sale
02/28/2014 02/28/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $170,000 -- $132 / 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 $7,314 $226,900 $0 $0
2024 $5,879 $226,900 $0 $0
2023 $5,612 $146,100 $0 $0
2022 $6,621 $146,100 $0 $0
2021 $6,619 $146,100 $0 $0
2020 $6,659 $147,700 $0 $0
2019 $5,261 $115,500 $0 $0
2018 $5,922 $130,000 $0 $0
2017 -- $130,100 $0 $0
2016 -- $131,400 $0 $0
2014 -- $141,800 $0 $0
2012 -- $142,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1866977

Northern Great Lakes REALTORS® MLS

APN: 01-446-003-00