NOT LISTED FOR SALE

7265 Peninsula Dr Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $1,301,000 - $1,532,099

3 Beds
3 Baths
2,654 Sq Ft
$526/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $895,000 $337 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $8,689/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Central High School Rated A-
  • 150 Feet of Waterfront

About This Home

As of November 2016

Created Sale

Last Agent to Sell the Property

James Noller

REO-TCRandolph-233022 License #6501203926 Listed on: 11/19/2016

Last Buyer's Agent

Shawn Schmidt Smith

Coldwell Banker Schmidt Traver License #6502361697

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,076

Year Built

  • Built in 1920

Lot Details

  • 0.32 Acre Lot
  • 150 Feet of Waterfront
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Garage

Home Design

  • 2,654 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Deeded Waterfront Access Rights
  • Property is near a Great Lake

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,076

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Estimated Year Built: 1920
  • Private Shared: Private
  • Section Number: 25
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11x25
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Kitchen: Dimensions: 24x28
  • Living Room: Dimensions: 41x18
  • Estimated Above Ground Finished Sq Ft: 2654
  • Price Per Sq Ft: 337.23
  • Range: R 11W
  • Total Finished Sf Apx: 2654

Exterior Features

  • Body Of Water: East Bay
  • Number Of Acres: 0.32
  • Water Features: Great Lake
  • Waterfront Frontage: 150

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Tv Service Internet Avail: Unknown

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2016
Closed on
Nov 15, 2016
Seller's Agent
James Noller
REO-TCRandolph-233022
Buyer's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
List Price
$900,000
Sold Price
$895,000
Premium/Discount to List
-$5,000
-0.56%
Current Estimated Value
$1,394,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,700
Avg. Annual Appreciation
5.46%

Purchase Details

Closed on
Sep 21, 2011

Purchase Details

Closed on
Jun 16, 2003

Purchase Details

Closed on
Nov 7, 2002

Purchase Details

Closed on
Dec 17, 2001
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
-- $895,000 --
-- $100 --
-- $100 --
-- $100 --
-- $100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $895,000 -0.6% $337 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
11/19/2016 11/19/16 For Sale $900,000 -- $339 / 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 $13,076 $647,500 $0 $0
2024 $8,601 $554,200 $0 $0
2023 $8,230 $484,700 $0 $0
2022 $12,598 $457,600 $0 $0
2021 $11,759 $484,700 $0 $0
2020 $19,467 $464,700 $0 $0
2019 $19,382 $426,700 $0 $0
2018 $31,316 $425,500 $0 $0
2017 -- $426,000 $0 $0
2016 -- $428,100 $0 $0
2014 -- $434,700 $0 $0
2012 -- $424,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    James Noller

    Real Estate One

  • Shawn Schmidt Smith

    Buyer's Agent in 2016

    Shawn Schmidt Smith

    Coldwell Banker Schmidt Traver

    (231) 499-1990

    44 in this area

    194 Total Sales

    Shawn Schmidt Smith
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1825639

Northern Great Lakes REALTORS® MLS

APN: 11-325-067-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

7265 Peninsula Dr, Traverse City, MI

This home is located at 7265 Peninsula Dr, Traverse City, MI 49686 since 19 November 2016 and is currently estimated at $1,394,700, approximately $525 per square foot. This property was built in 1920. 7265 Peninsula Dr is a home located in Grand Traverse County with nearby schools including Eastern Elementary School, East Middle School, and Central High School.

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 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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