NOT LISTED FOR SALE

7 Lakeside St Traverse City, MI 49684

Estimated Value: $393,000 - $522,000

3 Beds
2 Baths
724 Sq Ft
$651/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $451,100 $623 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,852/month

7 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Deck
  • Deeded Waterfront Access Rights
  • Chalet
  • Wooded Lot

About This Home

As of December 2022

Tranquil waterfront setting on all sports Bass Lake with a location that offers easy access to Downtown Traverse City and other local amenities. Located at the end of a private drive and surrounded by large wooded acreage parcels creates the private waterfront setting often sought but rarely found. The primary cottage offers modern updates while retaining original character elements with hardwood floors throughout, vaulted tongue and groove pine ceilings, gas fireplace, updated full bath and expansive water views along with a waterside deck just steps away from the waters edge. Guest bunk house offers recent updates with space for up to four guests, a full bath and laundry closet with full size washer/dryer. Excellent rental history in a location where short term rentals are permitted. Classic waterfront cottage perfect as your own private getaway or future investment property.

Last Agent to Sell the Property

Steve Scheppe

Viewpoint Realty Listed on: 11/30/2022

Last Buyer's Agent

Joan Sturmer

REO-TCFront-233021

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 94x319x100x329
  • Private Waterfront
  • 89 Feet of Waterfront
  • Property fronts an easement
  • Sandy Beach
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Chalet
  • Cottage
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 724 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Water Views
  • Crawl Space
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Well
  • Water Heated On Demand
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Chalet, Cottage, 1 Story
  • Estimated Year Built: 1950
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950
  • Year Renovated: 2014

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer, Blinds, Drapes, Curtain Rods, Ceiling Fan, Electric Water Heater, On Demand Water Heater
  • Interior Amenities: Pantry, Vaulted Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 8.5'x8', On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 9'x8', On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 16'x7', On Level: Main Floor, Flooring: Laminate
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 7'x6', On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 6.75'x6', On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 19.25'x10', On Level: Main Floor, Flooring: Wood
  • Range: R 12W
  • Total Finished Sf Apx: 724

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Bass Lake
  • Exterior Features: Deck, Covered Porch
  • Exterior Finish: Wood
  • Foundation: Crawl Space, Block
  • Lake Size: 343 Acres
  • Number Of Acres: 0.54
  • Road: Gravel, Easement, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Gradual Slope to Water, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 89

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Baseboard, Zoned/Dual, Wall
  • Laundry: Dimensions: 4'x4', On Level: Main Floor, Flooring: Laminate
  • 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, Level, Rolling
  • Lot Dimensions: 94x319x100x329
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Rental History

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
Nov 30, 2022
Closed on
Dec 21, 2022
Sold by
Bass Lk Haven Llc
Bought by
Elliot Jeffrey B
Seller's Agent
Steve Scheppe
Viewpoint Realty
Buyer's Agent
Joan Sturmer
REO-TCFront-233021
List Price
$449,900
Sold Price
$451,100
Premium/Discount to List
$1,200
0.27%
Current Estimated Value
$471,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,505
Avg. Annual Appreciation
1.43%

Purchase Details

Closed on
Sep 1, 2015

Purchase Details

Listed on
Feb 9, 2015
Closed on
Apr 15, 2015
Seller's Agent
Steve Scheppe
Viewpoint Realty
Buyer's Agent
Steve Scheppe
Viewpoint Realty
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Aug 9, 1996

Purchase Details

Closed on
Aug 9, 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Elliot Jeffrey B $451,000 --
-- -- --
-- $180,000 --
-- $89,900 --
-- $74,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2022 12/21/22 Sold $451,100 +0.3% $623 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
11/30/2022 11/30/22 For Sale $449,900 +125.0% $621 / Sq Ft
04/15/2015 04/15/15 Sold $200,000 -9.1% $417 / Sq Ft View Prior Sale
03/15/2015 03/15/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $220,000 -- $458 / 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 $4,810 $142,600 $0 $0
2024 $3,947 $131,600 $0 $0
2023 $3,768 $80,500 $0 $0
2022 $2,919 $87,700 $0 $0
2021 $2,836 $80,500 $0 $0
2020 $2,808 $77,400 $0 $0
2019 $2,759 $75,600 $0 $0
2018 $2,631 $60,700 $0 $0
2017 -- $60,600 $0 $0
2016 $1,805 $58,400 $0 $0
2014 $1,805 $52,500 $0 $0
2012 $1,805 $51,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1906958

Northern Great Lakes REALTORS® MLS

APN: 07-001-004-00