K
Seller's Agent in 2020
Kama Mastromonaco
Key Realty One-TC
(989) 915-1816
9 in this area
44 Total Sales
56 Tibbets Lake Ln Traverse City, MI 49696
Estimated Value: $216,000 - $301,000
2
Beds
1
Bath
780
Sq Ft
$322/Sq Ft
Est. Value
Highlights
- Deeded Waterfront Access Rights
- 30 Feet of Waterfront
- Wooded Lot
- Courtade Elementary School Rated A-
- Deck
- Raised Ranch Architecture
About This Home
As of November 2020This adorable house is exceptionally clean and move-in ready with hardwood flooring, new carpet and paint, and a brand new roof. The backyard has a peaceful, wooded setting, perfect for an UpNorth vacation- grilling out, walks in the woods, lake fishing, or hanging around the bonfire pit. Grace MacDonald park is right down the road and offers a variety of field sports, volleyball, tennis, pickle ball, horseshoe pits, a pavilion for gatherings, and a playground for the kids. Just steps away is deeded access to Tibbets Lake- a secluded, calm, 33 acre lake, perfect for fishing or kayaking. Affordable housing in Traverse City AND in mint condition.
Last Agent to Sell the Property
Key Realty One-TC License #6501374713 Listed on: 09/20/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,877
Year Built
- Built in 1990
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x120
- 30 Feet of Waterfront
- Wooded Lot
- The community has rules related to zoning restrictions
Home Design
- Raised Ranch Architecture
- Ranch Style House
- Fire Rated Drywall
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 780 Sq Ft Home
- Blinds
- Crawl Space
- Oven or Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Deeded Waterfront Access Rights
- Access To Lake
- Deck
- Shed
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Well
- Cable TV Available
Community Details
- High Lake Resort Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2020
Closed on
Nov 10, 2020
Sold by
Ball Jason J
Bought by
Bell Michael David
Seller's Agent
Kama Mastromonaco
Key Realty One-TC
Buyer's Agent
Jennifer Martin
REO - Elk Rapids-101308
List Price
$160,000
Sold Price
$165,000
Premium/Discount to List
$5,000
3.12%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,065
Avg. Annual Appreciation
8.81%
Purchase Details
Closed on
Jul 24, 2008
Purchase Details
Closed on
Dec 20, 2007
Purchase Details
Closed on
Sep 29, 2005
Purchase Details
Closed on
Mar 3, 2004
Purchase Details
Closed on
Mar 19, 1999
Purchase Details
Closed on
Nov 29, 1997
Purchase Details
Closed on
May 21, 1991
Purchase Details
Closed on
Jan 13, 1990
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bell Michael David | $165,000 | -- | |
| -- | $86,000 | -- | |
| -- | -- | -- | |
| -- | $89,000 | -- | |
| -- | -- | -- | |
| -- | $72,500 | -- | |
| -- | $67,500 | -- | |
| -- | $42,000 | -- | |
| -- | $3,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/10/2020 11/10/20 | Sold | $165,000 | +3.1% | $212 / Sq Ft |
| 09/20/2020 09/20/20 | For Sale | $160,000 | -- | $205 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $2,877 | $91,400 | $0 | $0 |
| 2024 | $2,313 | $83,700 | $0 | $0 |
| 2023 | $2,208 | $56,200 | $0 | $0 |
| 2022 | $2,591 | $63,700 | $0 | $0 |
| 2021 | $2,504 | $56,200 | $0 | $0 |
| 2020 | $1,704 | $57,000 | $0 | $0 |
| 2019 | $1,696 | $51,200 | $0 | $0 |
| 2018 | $1,656 | $45,500 | $0 | $0 |
| 2017 | -- | $43,100 | $0 | $0 |
| 2016 | -- | $41,300 | $0 | $0 |
| 2014 | -- | $35,000 | $0 | $0 |
| 2012 | -- | $36,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kama Mastromonaco
-
Jennifer Martin
J
Buyer's Agent in 2020
Jennifer Martin
Real Estate One
(231) 499-0679
3 in this area
35 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1880126
APN: 03-450-044-00
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.
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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