NOT LISTED FOR SALE

7122 Open Meadow Ln Traverse City, MI 49685

Estimated Value: $378,648 - $466,000

4 Beds
1.5 Baths
1,602 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $160,000 $100 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,387/month

42 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Deck
  • 2 Car Attached Garage
  • 60 Feet of Waterfront
  • Contemporary Architecture
  • Forced Air Heating and Cooling System

About This Home

As of April 2013

Newer Home on 1.66 Wooded Acres with Shared Access to Dyer Lake on Traverse City's West Side & close to Public Access on Scenic Bass Lk. This 4BR/1.5Bath home has an Open Floor Plan Main Level w/ Hardwood Floors & Laundry Room, partially finished Lower Level with Media Room and Non-conforming Bedroom, 2 Car Attached Garage, and a Deck overlooking the Heavily Wooded Back Yard. Close to All-sports Long Lake and Silver Lake for fishing and boating recreation and Public Beaches for swimming.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 03/12/2013

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Debra Hall

REO-TCRandolph-233022 License #6501300274

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 2002

Lot Details

  • 1.66 Acre Lot
  • Lot Dimensions are 217x401
  • 60 Feet of Waterfront
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,602 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Water Views
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Public Water Access
  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,440

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2002
  • Construction: Frame
  • Private Shared: Shared
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2002
  • Year Renovated: 2002

Interior Features

  • Appliances Equipment: No Appliances
  • Interior Amenities: Foyer Entrance
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 14x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11x10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12x11, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 11x9, On Level: Main Floor, Flooring: None
  • Family Room: Dimensions: 16x14, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 11x9, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 14x12, On Level: Main Floor, Flooring: Carpet
  • Range: R 12W
  • Total Finished Sf Apx: 1602

Exterior Features

  • Body Of Water: Dyer Lake
  • Exterior Features: Deck
  • Exterior Finish: Vinyl
  • Foundation: Full, Daylight Windows, Finished Rooms
  • Lake Size: Small
  • Number Of Acres: 1.66
  • Road: Private Owned
  • Roof: Asphalt
  • Water Features: Inland Lake, Water View, Near Pub.Access w/in 500'
  • Waterfront Frontage: 60

Garage/Parking

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

Utilities

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

Association/Amenities

  • Development Name: Metes & Bounds

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: 217x401
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2013
Closed on
Apr 26, 2013
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Debra Hall
REO-TCRandolph-233022
List Price
$149,900
Sold Price
$160,000
Premium/Discount to List
$10,100
6.74%
Current Estimated Value
$415,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,162
Avg. Annual Appreciation
7.93%

Purchase Details

Closed on
Aug 27, 2012

Purchase Details

Closed on
Aug 15, 2012

Purchase Details

Closed on
Aug 3, 2004

Purchase Details

Closed on
Nov 1, 2002

Purchase Details

Closed on
Feb 15, 2000
Source: Public Records

Range of Values:

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Average Value
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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
-- $160,000 --
-- -- --
-- $142,900 --
-- $170,000 --
-- $151,900 --
-- $78,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $160,000 +6.7% $100 / Sq Ft
04/23/2013 04/23/13 Pending -- -- --
03/12/2013 03/12/13 For Sale $149,900 -- $94 / 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 $2,440 $159,600 $0 $0
2024 $1,731 $154,800 $0 $0
2023 $1,656 $111,200 $0 $0
2022 $2,205 $122,900 $0 $0
2021 $2,148 $111,200 $0 $0
2020 $2,133 $105,200 $0 $0
2019 $1,984 $99,000 $0 $0
2018 $1,928 $91,800 $0 $0
2017 -- $89,600 $0 $0
2016 -- $84,000 $0 $0
2014 -- $74,700 $0 $0
2012 -- $69,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1742775

Northern Great Lakes REALTORS® MLS

APN: 08-026-014-56