NOT LISTED FOR SALE

6680 Timberview Dr Traverse City, MI 49685

Estimated Value: $1,047,000 - $1,151,441

2 Beds
1 Bath
6,544 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $915,000 $140 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,460/month

56 Days on Market

Highlights

  • 3.37 Acre Lot
  • Countryside Views
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Two 4 plex with 8 units with long term tenants; most month to month. Rents $850 per unit 2Br, 1Ba. Most tenants are currently month to month. Private Well and Septic system.

Last Agent to Sell the Property

Sharon Edson

REO-TCRandolph-233022 License #6506036343 Listed on: 01/18/2022

REO-TCRandolph-233022

Last Buyer's Agent

Christine Stapleton

Stapleton Realty License #6504271071

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • 3.37 Acre Lot
  • Lot Dimensions are 339x544x467x334
  • The community has rules related to zoning restrictions

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 6,544 Sq Ft Home
  • 2-Story Property
  • Countryside Views
  • Crawl Space
  • Fire and Smoke Detector
  • Oven or Range
  • Washer and Dryer Hookup

Utilities

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

Community Details

  • 8 Units

Listing and Financial Details

  • Rent includes exterior maintenance, trash removal, snow removal

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 4 - Plex
  • Style: 2 Story
  • Estimated Year Built: 1998
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Electric Water Heater, Smoke Alarms
  • Interior Amenities: Laundry Hook-Up, Drywall
  • Range: R 12W
  • Total Finished Sf Apx: 6544

Exterior Features

  • Exterior Features: Countryside View
  • Exterior Finish: Vinyl Siding
  • Foundation: Crawl Space
  • Number Of Acres: 3.37
  • Road: Public Maintained
  • Roof: Asphalt

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet
  • Water: Private Well
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: Metes & Bounds

Lot Info

  • Lot Dimensions: 339x544x467x334
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Rental Info

  • Included In Lease: Exterior Maintenance, Trash Removal, Snow Removal
  • Rent Spree Y N: No

Multi Family

  • Total Number Units: 8

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 24, 2022
Sold by
Justusson Gretchen A
Bought by
K Bonney Inv Llc
Seller's Agent
Sharon Edson
REO-TCRandolph-233022
Buyer's Agent
Christine Stapleton
Stapleton Realty
List Price
$975,000
Sold Price
$915,000
Premium/Discount to List
-$60,000
-6.15%
Current Estimated Value
$1,099,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,147
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
Oct 26, 2001
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
K Bonney Inv Llc $915,000 --
-- $515,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $915,000 -6.2% $140 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $975,000 -- $149 / 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 $20,131 $497,700 $0 $0
2024 $16,697 $457,500 $0 $0
2023 $15,943 $285,000 $0 $0
2022 $9,669 $310,400 $0 $0
2021 $9,395 $285,000 $0 $0
2020 $9,303 $270,600 $0 $0
2019 $8,849 $257,600 $0 $0
2018 $8,616 $255,500 $0 $0
2017 -- $249,100 $0 $0
2016 -- $240,200 $0 $0
2014 -- $209,800 $0 $0
2012 -- $194,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1896279

Northern Great Lakes REALTORS® MLS

APN: 08-012-011-11