NOT LISTED FOR SALE

7 Peninsula Trail Traverse City, MI 49696

Estimated Value: $285,000 - $389,000

3 Beds
1.5 Baths
1,040 Sq Ft
$337/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2022

Last sale price $292,000 $281 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,069 / mo

154 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • 2 Car Attached Garage
  • Courtade Elementary School Rated A-
  • Ranch Style House
  • 5-minute walk to Grace McDonald Park

About This Home

As of March 2022

Exceptional ranch style home in the popular Spider Lake area. Terrific location, with a deep wooded lot, a trail to the township park across the street and township Spider Lake access nearby. 3 bedrooms, 1.5 baths, full unfinished basement, large garage + 200 sq ft shed. - - OVER $90k IN RECENT UPDATES - - roof in 2012, siding/windows 2015, well in 2018, AC 2015, furnace in 2018, appliances in 2017, Reverse Osmosis in kitchen and washer/dryer in 2019. - --Good opportunity to own a home in one of the more desirable areas, with easy access to the schools, lakes, State land and trails. The Snowmobile/ATV trail head is down the road and the VASA Trail is close by. East Bay Township allows short term rentals with a license and homes in the lakes area tend to do well.

Last Agent to Sell the Property

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 10/19/2021

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Stanley Tornga

REO-TCFront-233021

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 32,670 Sq Ft Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,040 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

  • Spider Lake Area Community

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0.75 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1976
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12x10
  • Total Bathrooms: 1.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12x12
  • Living Room: Dimensions: 14x12
  • Range: R 11W
  • Total Finished Sf Apx: 1040

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Garden Area
  • Exterior Finish: Vinyl
  • Foundation: Full, Unfinished
  • Number Of Acres: 0.75
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Spider Lake Area

Lot Info

  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: large
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Mar 16, 2022
Sold by
Bought by
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Stanley Tornga
REO-TCFront-233021
List Price
$330,000
Sold Price
$292,000
Premium/Discount to List
-$38,000
-11.52%
Current Estimated Value
$350,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,928
Avg. Annual Appreciation
4.39%

Purchase Details

Closed on
Mar 31, 2015

Purchase Details

Closed on
Oct 27, 1997

Purchase Details

Closed on
Jul 8, 1996
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$291,000 --
$130,000 --
-- --
$77,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/23/2022 03/23/22 Sold $292,000 +0.7% $281 / Sq Ft
01/10/2022 01/10/22 Price Changed $289,900 -3.4% $279 / Sq Ft
12/02/2021 12/02/21 Price Changed $300,000 -4.8% $288 / Sq Ft
11/11/2021 11/11/21 Price Changed $315,000 -1.6% $303 / Sq Ft
10/28/2021 10/28/21 Price Changed $320,000 -3.0% $308 / Sq Ft
10/19/2021 10/19/21 For Sale $330,000 -- $317 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,210 $137,700 $0 $0
2024 $2,156 $126,900 $0 $0
2023 $2,063 $88,400 $0 $0
2022 $1,739 $99,500 $0 $0
2021 $1,678 $88,400 $0 $0
2020 $1,649 $82,900 $0 $0
2019 $1,657 $85,800 $0 $0
2018 $1,617 $69,000 $0 $0
2017 -- $66,000 $0 $0
2016 -- $62,600 $0 $0
2014 -- $64,100 $0 $0
2012 -- $59,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ken Weaver

    Seller's Agent in 2022

    Ken Weaver

    Berkshire Hathaway Homeservices - TC

    (231) 668-6303

    88 Total Sales

    Ken Weaver
    Section Image
  • Stanley Tornga

    Buyer's Agent in 2022

    Stanley Tornga

    Real Estate One

    (231) 883-8267

    7 Total Sales

    Stanley Tornga
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1894220

Northern Great Lakes REALTORS® MLS

APN: 03-419-002-00

Michigan Grand Traverse County Traverse City 49696

7 Peninsula Trail, Traverse City, MI

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 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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