NOT LISTED FOR SALE

5983 Cole Dr Traverse City, MI 49685

Estimated Value: $613,000 - $727,000

3 Beds
2.5 Baths
1,840 Sq Ft
$365/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $320,000 $174 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $4,003/month

177 Days on Market

Highlights

  • Countryside Views
  • Contemporary Architecture
  • Cathedral Ceiling
  • Deck
  • Wooded Lot
  • Corner Lot

About This Home

As of March 2016

Quality New Construction w/all the right amenities; situated on Cul-de-Sac in an area of higher end homes; near Silver Lake and minutes to downtown Traverse City, YMCA, Munson Hospital; backs up to Silver Lake Elementary. Foyer entry (9.05x8.00-tile floors) opens into spacious Great room (hardwood floors) and gas fireplace; open floor plan with Island kitchen (hardwood floors & Granite counters); Master suite with 2 walk-in his/hers closets, double sinks in bathroom, tile shower; 2 bedrooms on opposite end of home with full bathroom in adjacent hallway; main floor laundry; 1/2 bath on main level. Lower level has egress windows configured to advantage of views; plumbed for another full bathroom. 4-car garage features 3-entry front and drive-through exit to backyard. Garage ceilings to be dry-walled (walls insulation prepped). Allowances are being given for appliances, landscaping, closet organizers! Covered porch on front (25x6) and covered deck (14x12) to back of home. Outbuildings possible in this development but must match the exterior of home. Pine tree and fenced area to west side of property and tree line lines front (north end of property) and views of countryside. 2x6 construction with sound barrier between rooms. Furnace is 95+ efficiency-home built to new energy codes Completion possible in November 2015!

Last Agent to Sell the Property

Nancy Albrecht

REO-TCRandolph-233022 License #6506036418 Listed on: 09/10/2015

REO-TCRandolph-233022

Last Buyer's Agent

Andrea Galloup

Century 21 Northland License #6506042074

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,601

Year Built

  • Built in 2015

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 132x333
  • Cul-De-Sac
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Countryside Views

Kitchen

  • No Kitchen Appliances
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Silver Lake Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include snow removal
  • Char Mer Estates Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,601

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Contemporary, 1 Story
  • Estimated Year Built: 2015
  • Construction: 2x6 Framing, Frame, Under Construction
  • Univs Design Barrier Free: Covered Entrance
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2015
  • Year Renovated: 2015

Interior Features

  • Appliances Equipment: No Appliances, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Pantry, Granite Kitchen Tops, Island Kitchen, Mud Room, Great Room, Vaulted Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14.00x13.00, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.00x10.09, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.06x10.00, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 15.00x10.05, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 17.00x11.06, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 16.00x14.00, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 1840

Exterior Features

  • Exterior Features: Deck, Countryside View, Covered Porch, Porch, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Full, Poured Concrete, Egress Windows, Plumbed for Bath, Unfinished, Entrance Inside
  • Number Of Acres: 1.01
  • Road: Cul-de-Sac, Private Owned, Association, Blacktop, Privately Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 4
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal

Association/Amenities

  • Development Name: Char-Mer Estates

Lot Info

  • Land Features: Corner Lot, Wooded-Hardwoods, Evergreens, Level
  • Lot Dimensions: 132x333
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential, Building-Use Restrictions, Outbuildings Allowed

MLS Schools

  • Elementary School: Silver Lake Elementary School
  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Mar 10, 2016
Seller's Agent
Nancy Albrecht
REO-TCRandolph-233022
Buyer's Agent
Andrea Galloup
Century 21 Northland
List Price
$348,500
Sold Price
$320,000
Premium/Discount to List
-$28,500
-8.18%
Current Estimated Value
$670,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,798
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
May 7, 2015

Purchase Details

Closed on
Jun 17, 2014
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
-- $320,000 --
-- $28,000 --
-- $26,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $320,000 -8.2% $174 / Sq Ft
03/05/2016 03/05/16 Pending -- -- --
09/10/2015 09/10/15 For Sale $348,500 -- $189 / 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 $5,601 $375,600 $0 $0
2024 $3,784 $386,600 $0 $0
2023 $3,620 $238,400 $0 $0
2022 $5,113 $252,400 $0 $0
2021 $4,943 $238,400 $0 $0
2020 $4,901 $218,800 $0 $0
2019 $4,737 $181,100 $0 $0
2018 $0 $167,000 $0 $0
2017 -- $171,800 $0 $0
2016 -- $152,500 $0 $0
2014 -- $20,000 $0 $0
2012 -- $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1806156

Northern Great Lakes REALTORS® MLS

APN: 05-081-006-00