NOT LISTED FOR SALE

586 Applegate Dr Traverse City, MI 49696

Estimated Value: $500,000 - $586,000

2 Beds
1 Bath
704 Sq Ft
$780/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $440,000 $625 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,413/month

7 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Courtade Elementary School Rated A-
  • Private Dock
  • Wooded Lot

About This Home

As of July 2021

2 Bedroom (4 bed + pullout couch) / 1 Bathroom, full house rental with 119 feet of private sandy Spider Lake waterfront! Available January - April 2026.

This cozy 700 sqft cottage is the perfect intimate getaway with sandy beaches and stunning sunset views. With all new furniture, SmartTV, and brand new washer and dryer - this home mixes newer amenities with the rugged charm of northern Michigan! You’ll have access to prime waterfront and all that Spider Lake has to offer including: swimming, fishing, boating as well as winter activities like ice fishing, snowshoeing, cross country skiing, and snowmobiling. You can make plenty of memories here.

Sit back and relax on the deck or next to a bonfire by the waters edge — there are beautiful views to enjoy from all over this special setting. In this single level cozy cottage, you’ll find a beautiful bright kitchen with a gas stove, microwave, and a Keurig for your morning coffee. There is plenty of natural light and an open concept dining/living room area. The first bedroom has a queen-sized bed, and the second bedroom has a twin/full bunk bed as well as a twin trundle. The full bathroom includes a shower as well as a bathtub.

Rental Requirements: No smoking. Background and credit checks are required on everyone 18 years or older. 2.5x rent for income. No evictions or bankruptcies. Applications must be completed by all applicants and cosigners to be processed. For questions regarding the application or the property, please reach out at any time!

Last Agent to Sell the Property

Matt Geib

Viewpoint Realty Listed on: 06/02/2021

Last Buyer's Agent

Matt Geib

Viewpoint Realty Listed on: 06/02/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 0.49 Acre Lot
  • Private Waterfront
  • 119 Feet of Waterfront
  • Sandy Beach
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 704 Sq Ft Home
  • 1-Story Property
  • Water Views
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Circular Driveway
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Shed
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0.49 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1938
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1938

Interior Features

  • Appliances Equipment: Oven/Range, Electric Water Heater
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 9x9.25, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 9.25x8.75, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 9.3x11.5, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 15.6x7.75, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 14.3x11.5, On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 704

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Spider Lake
  • Exterior Features: Porch
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.49
  • Road: Gravel, Privately Maintained, Rd Maintenance Agreement
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water, Public Lake
  • Waterfront Frontage: 119

Garage/Parking

  • Driveway: Gravel, Circular, Private
  • Garage Capacity: 1
  • Primary Garage: Detached, Concrete Floors

Utilities

  • Heating Cooling Types: Wall
  • Laundry: Dimensions: 7.75x5.3, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and bounds

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Evergreens
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Rental History, Outbuildings Allowed

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 11, 2021
Sold by
Blodgett Lee E
Bought by
Vevegoni Marc
Seller's Agent
Matt Geib
Viewpoint Realty
Buyer's Agent
Matt Geib
Viewpoint Realty
List Price
$385,000
Sold Price
$440,000
Premium/Discount to List
$55,000
14.29%
Current Estimated Value
$549,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,470
Avg. Annual Appreciation
4.88%

Purchase Details

Closed on
Nov 9, 1998
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
Vevegoni Marc $440,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2026 02/28/26 Off Market $1,600 -- --
12/11/2025 12/11/25 For Rent $1,600 0.0% --
07/20/2021 07/20/21 Sold $440,000 +14.3% $625 / Sq Ft
06/02/2021 06/02/21 For Sale $385,000 -- $547 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $6,650 $245,500 $0 $0
2024 $5,346 $181,400 $0 $0
2023 $5,104 $131,700 $0 $0
2022 $5,991 $134,200 $0 $0
2021 $2,460 $131,700 $0 $0
2020 $2,420 $125,000 $0 $0
2019 $2,409 $118,000 $0 $0
2018 $2,352 $116,000 $0 $0
2017 -- $114,800 $0 $0
2016 -- $112,700 $0 $0
2014 -- $108,300 $0 $0
2012 -- $106,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1888211

Northern Great Lakes REALTORS® MLS

APN: 03-102-035-00

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