NOT LISTED FOR SALE

7050 S Bingham Valley Dr Traverse City, MI 49684

Estimated Value: $723,000 - $979,842

5 Beds
4.5 Baths
3,542 Sq Ft
$243/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $367,500 $104 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,103/month

308 Days on Market

Highlights

  • Water Views
  • Wood Burning Stove
  • Radiant Floor
  • Deck
  • Contemporary Architecture
  • Jetted Tub in Primary Bathroom

About This Home

As of April 2016

Conveniently located between Suttons Bay and T.C. this unique contemporary home offers privacy, Lake Leelanau sunset views, easy access to W. Bay, Lake Leelanau, the TART Trail, vineyards and numerous county amenities. Open floor plan, granite counters, updated appliances, expansive upper level balcony, main floor laundry, gas fireplace, maple hardwood floors, office/den, and three car attached garage. 1,500 sf lower level is 80% finished, with ¾ bath, shower/steam room, wet bar and possible 6th bedroom all on a 3.4 acre parcel.

Last Agent to Sell the Property

Robert Doriot

Coldwell Banker Schmidt Traver License #6501244671 Listed on: 05/29/2015

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Marilyn Taylor

EXIT Northern Shores-TC License #6501364305

EXIT Northern Shores-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 2003

Lot Details

  • 3.46 Acre Lot
  • Landscaped
  • Sloped Lot
  • Garden
  • The community has rules related to zoning restrictions

Property Views

  • Water Views
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 3,542 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Radiant Floor
  • Basement Window Egress

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Parking

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

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Humidifier
  • Well
  • Propane Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Association fees include snow removal
  • Bingham Valley Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,969

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2003
  • Construction: Frame
  • Section Number: 31
  • Year Updated: 2015
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2003

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Central Vacuum, Propane Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Foyer Entrance, Walk-In Closet(s), Wet Bar, Pantry, Granite Kitchen Tops, Mud Room, Formal Dining Room, Great Room, Den/Study, Drywall
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 14x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 13x13, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 4.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 3
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 11x11, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 19x23, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 13x14, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 18x30, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 11x11, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 3442
  • Estimated Below Grade Finished Sq Ft: 100
  • Estimated Below Grade Unfinished Sq Ft: 1400
  • Price Per Sq Ft: 103.75
  • Range: R 11W
  • Total Finished Sf Apx: 3542

Exterior Features

  • Exterior Features: Balcony, Deck, Patio, Sidewalk, Countryside View, Covered Porch, Landscaped, Garden Area, Porch, Gutters
  • Exterior Finish: Cement Board, Brick
  • Foundation: Block, Finished Rooms, Egress Windows, Entrance Inside
  • Number Of Acres: 3.46
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood
  • Heating Cooling Types: Forced Air, Hot Water, Humidifier, Zoned/Dual, Radiant Floor
  • Laundry: Dimensions: 7.6x8, 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: Bingham Valley

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Lot Number: 1
  • Percent Open: 85
  • Land Features: Evergreens, Sloping
  • Lot Dimensions: Irr
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds, Subdivision
  • Percent Wooded: 15
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

Green Features

  • Renewable: In-floor Radiant Heating

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2015
Closed on
Mar 31, 2016
Sold by
Pfefferle Ryan R and Pfefferle Heather
Bought by
Elms Joseph G and Elms Katherine R
Seller's Agent
Robert Doriot
Coldwell Banker Schmidt Traver
Buyer's Agent
Marilyn Taylor
EXIT Northern Shores-TC
List Price
$389,900
Sold Price
$367,500
Premium/Discount to List
-$22,400
-5.75%
Current Estimated Value
$862,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,781
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
Mar 24, 2011
Sold by
Deutsche National Bank
Bought by
Pfefferle Ryan R and Pfefferle Heather
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
Elms Joseph G $367,500 --
Pfefferle Ryan R $216,300 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $367,500 -5.7% $104 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
05/29/2015 05/29/15 For Sale $389,900 -- $110 / 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 $4,969 $398,100 $0 $0
2024 $3,583 $375,400 $0 $0
2023 $3,405 $337,200 $0 $0
2022 $4,493 $287,200 $0 $0
2021 $4,347 $256,500 $0 $0
2020 $4,347 $239,000 $0 $0
2019 $3,978 $232,800 $0 $0
2018 -- $209,600 $0 $0
2017 -- $205,600 $0 $0
2016 -- $219,400 $0 $0
2015 -- $218,000 $0 $0
2014 -- $194,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1800577

Northern Great Lakes REALTORS® MLS

APN: 001-031-001-23