NOT LISTED FOR SALE

591 Keystone Rd S Traverse City, MI 49696

Estimated Value: $503,000 - $801,000

4 Beds
2 Baths
2,335 Sq Ft
$284/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $498,000 $213 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,241/month

30 Days on Market

Highlights

  • 13.82 Acre Lot
  • Bluff on Lot
  • Deck
  • Central High School Rated A-
  • Countryside Views
  • Wooded Lot

About This Home

As of April 2022

This 13.82 Acre Property includes an updated two-story Farm House (4 Bedroom – 2 Bathroom – 2335 SF - see attached List of Updates and Changes), a detached two Car Garage with workshop and a Guest Apartment above it, an Historic (1200 SF) Barn with a full basement and attached Utility Barn (600 SF), a Covered Parking Structure (1280 SF) with a concrete floor that can easily be sided and turned into a Pole Building, a Chicken Coop, and a Train going by occasionally. The County Road Commission has informed the owners that they plan to build a Roundabout at the intersection of Keystone, River Road, and Beitner this Spring. When it is done (told by early July 2022), this home will be accessed from River Road (see Drawing). This location provides excellent shopping and dining opportunities within 1.5 – 2.0 miles around Chums Corners (see attached Map), and within 5.3 – 5.5 miles at and around the GT Mall and GT Crossing. Oryana West and the AMC Theaters (14 movies) are only 5.5 Miles away, and Meijers is only 6.8 miles away. The Boardman River, directly across Keystone Rd, offers swimming, tubing, fishing, and hiking trails.

Last Agent to Sell the Property

Peter Read

Read & Associates, LLC License #6502365586 Listed on: 03/08/2022

Last Buyer's Agent

Nicole Gentry

EXIT Northern Shores-TC License #6501378596

EXIT Northern Shores-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,228

Year Built

  • Built in 1925

Lot Details

  • 13.82 Acre Lot
  • Fenced Yard
  • Bluff on Lot
  • Steep Slope
  • Cleared Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Farmhouse Style Home
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 2,335 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Formal Dining Room
  • Countryside Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Well
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,228

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Farm House
  • Estimated Year Built: 1925
  • Construction: Block, Frame
  • Section Number: 3
  • Year Updated: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Blinds, Drapes, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Pantry, Solid Surface Counters, Formal Dining Room, Beamed Ceilings, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 19.5x14.6, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13x10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 10x8.5, On Level: Upper Floor, Flooring: Laminate
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: No
  • Dining Room: Dimensions: 9.5x14, On Level: Main Floor, Flooring: Tile
  • Family Room: Dimensions: 20x15, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 14x10, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 24x24, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2335
  • Price Per Sq Ft: 213.28
  • Range: R 11W
  • Total Finished Sf Apx: 2335

Exterior Features

  • Additional Buildings: Barn(s), Pole Building(s), Workshop
  • Exterior Features: Deck, Patio, Sidewalk, Fenced Yard, Countryside View, Garden Area
  • Exterior Finish: Vinyl, Block
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 13.82
  • Road: Public Maintained, Blacktop, Rd Maintenance Agreement
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop, Gravel, Private
  • Garage Capacity: 2
  • Primary Garage: Detached, Door Opener, Paved Driveway, Finished Rooms, Plumbing, Concrete Floors

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Forced Air, Central Air, Humidifier
  • Laundry: Dimensions: 10x9.5, On Level: Main Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Wooded-Hardwoods, Cleared, Wooded, Sloping, Steep, Bluff Site
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 11, 2022
Sold by
Read Benjamin C
Bought by
Hoekstra Richard
Seller's Agent
Peter Read
Read & Associates, LLC
Buyer's Agent
Nicole Gentry
EXIT Northern Shores-TC
List Price
$489,000
Sold Price
$498,000
Premium/Discount to List
$9,000
1.84%
Current Estimated Value
$662,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,012
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
Oct 3, 2017
Sold by
Read Peter M
Bought by
Read Benjamin C
Source: Public Records

Range of Values:

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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
Hoekstra Richard $498,000 --
Read Benjamin C $300,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2022 04/11/22 Sold $498,000 0.0% $213 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/09/2022 03/09/22 Price Changed $498,000 +1.8% $213 / Sq Ft
03/08/2022 03/08/22 For Sale $489,000 -- $209 / 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 $9,228 $293,900 $0 $0
2024 $6,636 $277,500 $0 $0
2023 $4,645 $151,100 $0 $0
2022 $2,660 $167,600 $0 $0
2021 $2,496 $151,100 $0 $0
2020 $2,477 $135,500 $0 $0
2019 $2,490 $129,600 $0 $0
2018 $2,418 $115,000 $0 $0
2017 -- $113,500 $0 $0
2016 -- $104,500 $0 $0
2014 -- $101,200 $0 $0
2012 -- $105,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Read

    Seller's Agent in 2022

    Peter Read

    Read & Associates, LLC

    (231) 633-1165

    1 in this area

    9 Total Sales

    Peter Read
    Section Image
  • Nicole Gentry

    Buyer's Agent in 2022

    Nicole Gentry

    EXIT Northern Shores-TC

    (231) 932-0681

    4 in this area

    39 Total Sales

    Nicole Gentry
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1897425

Northern Great Lakes REALTORS® MLS

APN: 02-003-024-00

Michigan Grand Traverse County Traverse City 49685

591 Keystone Rd S, Traverse City, MI

This home is located at 591 Keystone Rd S, Traverse City, MI 49696 since 08 March 2022 and is currently estimated at $662,012, approximately $283 per square foot. This property was built in 1925. 591 Keystone Rd S is a home located in Grand Traverse County with nearby schools including Cherry Knoll Elementary School, East Middle School, and Central High School.

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.

Northern Great Lakes REALTORS® MLS 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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