NOT LISTED FOR SALE

593 Peninsula Trail Traverse City, MI 49696

Estimated Value: $328,000 - $409,000

1 Bed
1 Bath
1,109 Sq Ft
$331/Sq Ft Est. Value

Last Sold December 04, 2015

Last sale price $135,000 $122 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $2,333/month

125 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Deck
  • Courtade Elementary School Rated A-
  • Countryside Views
  • Wood Burning Stove

About This Home

As of December 2015

All sports Spider Lake is the setting for this up north cottage with hardwood floors and wood burning stove. 120 feet of private frontage for swimming, kayaking, boating and more. Plenty of room to store all your waterfront toys.

Last Agent to Sell the Property

Maureen Penfold

REMAX Bayshore - Union St TC License #6501239126 Listed on: 06/25/2015

REMAX Bayshore - Union St TC

Last Buyer's Agent

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917

Berkshire Hathaway Homeservices - TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,972

Year Built

  • Built in 1958

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 120x134
  • Private Waterfront
  • 120 Feet of Waterfront
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,109 Sq Ft Home
  • Paneling
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Countryside Views
  • Michigan Basement

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Well

Community Details

Overview

  • Pinewood Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,972

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1958
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 3
  • Year Renovated: 1963
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1958

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Paneling
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 9.05x15.04, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room: Dimensions: 12.04x9.06, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10.00x9.06, On Level: Main Floor, Flooring: Carpet
  • Living Room: Dimensions: 11.04x29.08, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1109
  • Estimated Below Grade Unfinished Sq Ft: 887
  • Price Per Sq Ft: 121.73
  • Range: R 10W
  • Total Finished Sf Apx: 1109

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Spider Lake
  • Exterior Features: Deck, Countryside View, Covered Porch
  • Exterior Finish: Vinyl
  • Foundation: Michigan Basement, Block
  • Number Of Acres: 0.37
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports
  • Waterfront Frontage: 120

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Wall
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Pinewood Shores

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Sloping
  • Lot Dimensions: 120x134
  • Parcel Description: Subdivision
  • 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
Jun 25, 2015
Closed on
Dec 4, 2015
Seller's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$189,900
Sold Price
$135,000
Premium/Discount to List
-$54,900
-28.91%
Current Estimated Value
$367,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,430
Avg. Annual Appreciation
10.52%
Source: Public Records

Range of Values:

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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
-- $135,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2015 12/04/15 Sold $135,000 -28.9% $122 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $189,900 -- $171 / 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 $3,972 $162,200 $0 $0
2024 $3,194 $134,300 $0 $0
2023 $3,049 $94,400 $0 $0
2022 $3,578 $94,000 $0 $0
2021 $3,458 $94,400 $0 $0
2020 $3,403 $85,700 $0 $0
2019 $3,387 $79,700 $0 $0
2018 $3,306 $74,700 $0 $0
2017 -- $73,500 $0 $0
2016 -- $71,200 $0 $0
2014 -- $123,200 $0 $0
2012 -- $120,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maureen Penfold

    Seller's Agent in 2015

    Maureen Penfold

    RE/MAX Michigan

    (231) 883-3133

    4 in this area

    71 Total Sales

    Maureen Penfold
    Section Image
  • Ken Weaver

    Buyer's Agent in 2015

    Ken Weaver

    Berkshire Hathaway Homeservices - TC

    (231) 668-6303

    52 in this area

    103 Total Sales

    Ken Weaver
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1802328

Northern Great Lakes REALTORS® MLS

APN: 03-620-133-00

Michigan Grand Traverse County Traverse City 49696

593 Peninsula Trail, Traverse City, MI

This home is located at 593 Peninsula Trail, Traverse City, MI 49696 since 25 June 2015 and is currently estimated at $367,430, approximately $331 per square foot. This property was built in 1958. 593 Peninsula Trail is a home located in Grand Traverse County with nearby schools including Courtade 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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