NOT LISTED FOR SALE

7592 E Melissa Dr Traverse City, MI 49684

Estimated Value: $2,186,000 - $2,884,305

4 Beds
3.5 Baths
4,860 Sq Ft
$522/Sq Ft Est. Value

Last Sold April 13, 2015

Last sale price $1,000,000 $206 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $15,658/month

297 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Deck
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Radiant Floor

About This Home

As of April 2015

Sunsets, sandy walkout frontage, stone patios, covered porches and quality new construction with all the extras! This beautifully designed Craftsman-style home enjoys a 2-story living room with floor-to-ceiling windows and a stone fireplace, maple flooring, a large custom kitchen with quality appliances and a wonderful island, two main level master suites, a large bunk room, in-floor radiant heat, 3 stone-floored covered porches, outdoor shower, 150 ft of private, sandy Lake Leelanau frontage, and much more! Northern Michigan Lake living at its best!

Last Agent to Sell the Property

Victoria Oltersdorf

OLTERSDORF REALTY, LLC License #6502340603 Listed on: 04/04/2014

Last Buyer's Agent

Judy Levin

Coldwell Banker Schmidt-S.Bay License #6501260929

Coldwell Banker Schmidt-S.Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,128

Year Built

  • Built in 2007

Lot Details

  • 8.5 Acre Lot
  • Lot Dimensions are 150'x697'x150'x697'
  • Private Waterfront
  • 150 Feet of Waterfront
  • Property fronts an easement
  • Sandy Beach
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 4,860 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Cathedral Ceiling
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Radiant Floor
  • Water Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Covered Patio or Porch
  • Pole Barn

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Water Filtration System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,128

Year Built

Built in 2007

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 2007
  • Construction: 2x6 Framing, Frame
  • Private Shared: Private
  • Section Number: 24
  • Year Updated: 2007
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Water Filtration System
  • Interior Amenities: Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry, Granite Kitchen Tops, Solid Surface Counters, Island Kitchen, Formal Dining Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 17'1x13'2, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13'x11', On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15'5x33', On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 8'x22'4, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 12'9x17'5, On Level: Main Floor, Flooring: None
  • Family Room: Dimensions: 24'2x32'6, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 22'6x17'3, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 18'x23', On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 4860
  • Price Per Sq Ft: 205.76
  • Range: R 12W
  • Total Finished Sf Apx: 4860

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Body Of Water: Lake Leelanau
  • Exterior Features: Sprinkler System, Deck, Patio, Covered Porch
  • Exterior Finish: Vinyl, Stone
  • Foundation: Crawl Space, Entrance Inside
  • Number Of Acres: 8.5
  • Road: Gravel, Association, Easement
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water
  • Waterfront Frontage: 150

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway, Finished Rooms

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Hot Water, Central Air, Zoned/Dual, Radiant Floor
  • Sewer: Holding Tank/Pump & Haul
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 300

Association/Amenities

  • Development Name: metes and bounds

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 150'x697'x150'x697'
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Apr 13, 2015
Sold by
Rummel Michael H and Rummel Susan E
Bought by
Howe Terrence M and Howe Heather
Seller's Agent
Victoria Oltersdorf
OLTERSDORF REALTY, LLC
Buyer's Agent
Judy Levin
Coldwell Banker Schmidt-S.Bay
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Current Estimated Value
$2,535,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,535,153
Avg. Annual Appreciation
9.38%
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
Howe Terrence M -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2015 04/13/15 Sold $1,000,000 -20.0% $206 / Sq Ft
01/26/2015 01/26/15 Pending -- -- --
04/04/2014 04/04/14 For Sale $1,250,000 -- $257 / 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 $23,128 $1,184,500 $0 $0
2024 $19,795 $1,137,500 $0 $0
2023 $18,834 $874,600 $0 $0
2022 $20,684 $585,100 $0 $0
2021 $20,131 $550,400 $0 $0
2020 $20,131 $564,500 $0 $0
2019 $19,054 $535,700 $0 $0
2018 -- $510,400 $0 $0
2017 -- $509,100 $0 $0
2016 -- $545,100 $0 $0
2015 -- $593,800 $0 $0
2014 -- $492,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1781939

Northern Great Lakes REALTORS® MLS

APN: 001-124-001-30