NOT LISTED FOR SALE

8077 Outer Dr S Traverse City, MI 49685

Estimated Value: $669,000 - $1,311,357

2 Beds
1 Bath
1,080 Sq Ft
$865/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $456,000 $422 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,871/month

11 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Lake Privileges
  • Deeded Waterfront Access Rights
  • Bay View
  • Wooded Lot

About This Home

As of March 2019

Situated on Long Lake Peninsula with 100 feet of pristine sandy bottom shore! This year-round cottage has been completely updated all the way down to the studs. This property enjoys both sunrises as well as sunsets... a very rare and special spot! Some features of this property are main floor master bedroom, vaulted ceilings, shiplap walls, stacked stone wood burning fire place, gorgeous kitchen with white cabinets, stainless steel appliances, black leathered steel rock granite, a 3 season porch that spans the width of the cottage, metal roof, and a zero-bluff frontage perfect for accessing all your toys! The only thing you need to bring are the marshmallows, chocolate, and graham crackers!

Last Agent to Sell the Property

Erica Mohr

REO-TCRandolph-233022 License #6501388991 Listed on: 02/12/2019

REO-TCRandolph-233022

Last Buyer's Agent

Erika Nita

@properties Christie's Int'l License #6501408018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,230

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 100x185
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Fire Rated Drywall
  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1.5-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Great Room
  • Loft
  • Solarium
  • Screened Porch
  • Bay Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Waterfront Park
  • Lake Privileges
  • Shed

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal
  • Peninsula Estates Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,230

Year Built

Built in 1950

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Cottage
  • Estimated Year Built: 1950
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950
  • Year Renovated: 2018

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Window A/C Unit(s), Blinds, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Pantry, Solarium/Sun Room, Breakfast Nook, Loft, Granite Bath Tops, Granite Kitchen Tops, Solid Surface Counters, Island Kitchen, Great Room, Beamed Ceilings, Vaulted Ceilings, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 10x10, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 2: Dimensions: 17x15, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 10x7, On Level: Main Floor, Flooring: Vinyl
  • Kitchen: Dimensions: 10x8, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 16x12, On Level: Main Floor, Flooring: Vinyl
  • Range: R 12W
  • Total Finished Sf Apx: 1080

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Long Lake
  • Exterior Features: Bay View, Covered Porch, Landscaped, Porch, Screened Porch
  • Foundation: Slab
  • Number Of Acres: 0.43
  • Road: Association, Blacktop
  • Roof: Metal
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Gradual Slope to Water, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Hot Water, Baseboard
  • Laundry: On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Annual Association Fees: 250
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Community Dock, Lake Privileges, Water Front Park, Common Area
  • Development Name: Peninsula Estates

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Evergreens, Level, Sloping
  • Lot Dimensions: 100x185
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • 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
Feb 12, 2019
Closed on
Mar 21, 2019
Sold by
Shawn Obrien
Bought by
Gottfried Laura J and Gottfried Gordon E
Seller's Agent
Erica Mohr
REO-TCRandolph-233022
Buyer's Agent
Erika Nita
@properties Christie's Int'l
List Price
$495,000
Sold Price
$456,000
Premium/Discount to List
-$39,000
-7.88%
Current Estimated Value
$934,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$478,089
Avg. Annual Appreciation
11.46%

Purchase Details

Listed on
Aug 21, 2017
Closed on
Jan 2, 2018
Sold by
Walters David W
Bought by
Obrien Shawn and Obrien Melissa
Seller's Agent
Mike Street
Coldwell Banker Schmidt Traver
Buyer's Agent
Judy Curtice-Porter
REO-TCRandolph-233022
List Price
$310,000
Sold Price
$300,000
Premium/Discount to List
-$10,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.95%

Purchase Details

Closed on
Apr 29, 2015

Purchase Details

Closed on
Apr 28, 1993
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
Gottfried Laura J $456,000 --
Obrien Shawn $300,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2019 03/22/19 Sold $456,000 -7.9% $422 / Sq Ft
02/12/2019 02/12/19 For Sale $495,000 +65.0% $458 / Sq Ft
01/02/2018 01/02/18 Sold $300,000 -3.2% $333 / Sq Ft View Prior Sale
11/20/2017 11/20/17 For Sale $310,000 +3.3% $344 / Sq Ft
11/18/2017 11/18/17 Off Market $300,000 -- --
11/16/2017 11/16/17 For Sale $310,000 +3.3% $344 / Sq Ft
11/16/2017 11/16/17 Off Market $300,000 -- --
11/03/2017 11/03/17 Price Changed $310,000 -17.3% $344 / Sq Ft
08/21/2017 08/21/17 For Sale $375,000 -- $417 / 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 $11,230 $502,800 $0 $0
2024 $9,315 $441,000 $0 $0
2023 $8,892 $252,300 $0 $0
2022 $10,164 $291,000 $0 $0
2021 $9,876 $252,300 $0 $0
2020 $9,779 $221,000 $0 $0
2019 $9,033 $210,600 $0 $0
2018 $4,027 $213,400 $0 $0
2017 -- $201,600 $0 $0
2016 -- $195,000 $0 $0
2014 -- $183,300 $0 $0
2012 -- $186,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1857120

Northern Great Lakes REALTORS® MLS

APN: 08-255-013-00