NOT LISTED FOR SALE

Estimated Value: $573,000 - $780,000

-- Bed
5 Baths
3,300 Sq Ft
$209/Sq Ft Est. Value

Last Sold December 05, 2014

Last sale price $220,000 $67 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $4,353/month

43 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Solarium
  • Central High School Rated A-
  • Victorian Architecture
  • Covered Patio or Porch

About This Home

As of December 2014

Now is your chance to own a charming property in downtown Traverse City with a great rental history and income. Main floor unit is a 2+ bedroom 1 bathroom and the upstairs unit is 3 bedroom 2.5 bath. Upstairs unit was remodeled and updated in 2010 and is equipped with A/C. Home has a detached garage and fenced in yard. New furnace in 2014

Last Agent to Sell the Property

Nikole McGregor

REO-TCFront-233021 License #6501358158 Listed on: 09/30/2014

REO-TCFront-233021

Last Buyer's Agent

Nikole McGregor

REO-TCFront-233021 License #6501358158 Listed on: 09/30/2014

REO-TCFront-233021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,814

Year Built

  • Built in 1901

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Fenced Yard
  • The community has rules related to zoning restrictions

Parking

  • Detached Garage

Home Design

  • Duplex
  • Victorian Architecture
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 3,300 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Bay Window
  • Entrance Foyer
  • Solarium
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash removal, heating/cooling

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,814

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story, Victorian
  • Estimated Year Built: 1901
  • Construction: Timber Frame
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1901
  • Year Renovated: 2010

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
  • Interior Amenities: Skylight(s), Cathedral Ceiling, Hardwood Floors, Solarium/Sun Room, Foyer Entrance, Bay Windows
  • Range: R 11W
  • Total Finished Sf Apx: 3300

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Sidewalk, Fenced Yard, Covered Porch
  • Exterior Finish: Wood
  • Foundation: Full, Finished Rooms
  • Number Of Acres: 0.19
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: One Car, Alley Entrance, Detached

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air
  • Fireplace And Stoves: Gas

Lot Info

  • Lot Dimensions: 50x165
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Rental Info

  • Included In Lease: Trash Removal, Heating/Cooling

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 5, 2014
Seller's Agent
Nikole McGregor
REO-TCFront-233021
Buyer's Agent
Nikole McGregor
REO-TCFront-233021
List Price
$295,000
Sold Price
$220,000
Premium/Discount to List
-$75,000
-25.42%
Current Estimated Value
$691,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,219
Avg. Annual Appreciation
11.07%

Purchase Details

Closed on
Nov 27, 2011

Purchase Details

Closed on
Jan 1, 2001

Purchase Details

Closed on
Jan 25, 1994
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
-- $220,000 --
-- $180,000 --
-- -- --
-- $62,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2014 12/05/14 Sold $220,000 -25.4% $67 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $295,000 -- $89 / 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 $8,814 $280,300 $0 $0
2024 $8,142 $258,200 $0 $0
2023 $7,638 $189,000 $0 $0
2022 $7,882 $199,600 $0 $0
2021 $7,692 $189,000 $0 $0
2020 $7,608 $170,700 $0 $0
2019 $7,544 $159,300 $0 $0
2018 $7,382 $146,600 $0 $0
2017 -- $144,300 $0 $0
2016 -- $135,500 $0 $0
2014 -- $112,000 $0 $0
2012 -- $101,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1790949

Northern Great Lakes REALTORS® MLS

APN: 51-110-090-00