NOT LISTED FOR SALE

5529 Heritage Way Traverse City, MI 49685

Estimated Value: $487,242 - $577,000

4 Beds
2.5 Baths
2,634 Sq Ft
$200/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $269,000 $102 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,070/month

2 Days on Market

Highlights

  • Countryside Views
  • Mud Room
  • Home Gym
  • Willow Hill Elementary School Rated A-
  • Game Room
  • Den

About This Home

As of May 2017

The perfect family home!! Walk into a bright inviting open floor plan with 4 bedrooms & 2.5 bathrooms. Natural fireplace & Corian countertops. Large master suite with his & her closets, large bathroom with tile shower, with your own private office space. Main floor laundry off of two car attached garage. Closets galore, with plenty of storage on main and lower levels. Bonus extra large playroom in bright walkout basement, with plenty of space to play/exercise. Close to schools, downtown Traverse City, along with 30 acres of hiking/biking trails right in your neighborhood. This sprawling family ranch is a must see!!

Last Agent to Sell the Property

Rebecca Schubert

The Mitten Real Estate Group License #6501338744 Listed on: 04/10/2017

Last Buyer's Agent

Sam Abood

Five Star Real Estate - Front St TC License #6504216686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 1964

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 99.54 x 200.53
  • Landscaped
  • Lot Has A Rolling Slope
  • Sprinkler System
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,634 Sq Ft Home
  • 1-Story Property
  • Bookcases
  • Wood Burning Fireplace
  • Mud Room
  • Den
  • Game Room
  • Home Gym
  • Countryside Views
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Heritage Estates Community

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,649

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1964
  • Construction: Frame
  • Univs Design Barrier Free: Roll-In Shower
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1964
  • Year Renovated: 2013

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Wall Oven
  • Interior Amenities: Built-In Bookcase, Walk-In Closet(s), Breakfast Nook, Mud Room, Den/Study, Exercise Room, Game Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 16x18, On Level: Main Floor
  • Bedroom 2: Dimensions: 13x16, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Family Room: Dimensions: 15x20
  • Kitchen: Dimensions: 13x18, On Level: Main Floor
  • Living Room: Dimensions: 17x14, On Level: Main Floor, Flooring: Carpet
  • Range: R 13W
  • Total Finished Sf Apx: 2634

Exterior Features

  • Exterior Features: Sprinkler System, Countryside View, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Entrance Outside, Finished Rooms, Unfinished
  • Number Of Acres: 0.47
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Association/Amenities

  • Development Amenities: Trails
  • Development Name: Heritage Estates

Lot Info

  • Land Features: Rolling, Sloping
  • Lot Dimensions: 99.54 X 200.53
  • Parcel Description: Metes and Bounds
  • 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 10, 2017
Closed on
May 19, 2017
Sold by
Ready Benjamin P
Bought by
Marutz Sandra
Seller's Agent
Rebecca Schubert
The Mitten Real Estate Group
Buyer's Agent
Sam Abood
Five Star Real Estate - Front St TC
List Price
$269,000
Sold Price
$269,000
Current Estimated Value
$525,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,811
Avg. Annual Appreciation
8.25%

Purchase Details

Listed on
Jul 10, 2015
Closed on
Sep 4, 2015
Seller's Agent
Ken Kleinrichert
@properties Christie's Int'l
Buyer's Agent
Laura Tarsa
Coldwell Banker Schmidt Traver
List Price
$238,000
Sold Price
$225,000
Premium/Discount to List
-$13,000
-5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
May 21, 1993
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
Marutz Sandra $269,000 --
-- $225,000 --
-- $20,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/19/2017 05/19/17 Sold $269,000 0.0% $102 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $269,000 +19.6% $102 / Sq Ft
09/04/2015 09/04/15 Sold $225,000 -5.5% $85 / Sq Ft View Prior Sale
08/27/2015 08/27/15 Pending -- -- --
07/10/2015 07/10/15 For Sale $238,000 -- $90 / 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 $3,649 $230,500 $0 $0
2024 $2,465 $195,800 $0 $0
2023 $2,359 $144,600 $0 $0
2022 $3,331 $156,900 $0 $0
2021 $3,221 $144,600 $0 $0
2020 $3,193 $135,400 $0 $0
2019 $3,200 $119,100 $0 $0
2018 $0 $112,800 $0 $0
2017 -- $112,800 $0 $0
2016 -- $105,200 $0 $0
2014 -- $104,900 $0 $0
2012 -- $105,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1830094

Northern Great Lakes REALTORS® MLS

APN: 05-149-039-00