NOT LISTED FOR SALE

8159 Outer Dr S Traverse City, MI 49685

Estimated Value: $983,000 - $1,959,934

3 Beds
2 Baths
1,766 Sq Ft
$876/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $715,000 $405 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $9,032/month

166 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Ranch Style House
  • Deeded Waterfront Access Rights
  • Deck
  • Mud Room

About This Home

As of September 2020

This meticulously maintained cottage on 199’ of sandy southern exposure Long Lake frontage is now available after current owners have enjoyed for the past 41 years! Detached garage is large enough to boats and all the toys cozy for the winter. Enjoy the Long Lake Peninsula Association’s private park, waterfront park and private boat launch. This is one of the nicest large frontage parcels that has been available on Long Lake in years. Enjoy the home as it is, remodel or tear down and build your dream home.

Last Agent to Sell the Property

Dave Cutler

Twin Bay Properties, LLC License #6502417683 Listed on: 04/01/2020

Last Buyer's Agent

Kristine Shacklette

Century 21 Northland License #6501361952

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,513

Year Built

  • Built in 1950

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 199'x196'
  • Private Waterfront
  • 199 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,766 Sq Ft Home
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Waterfront Park
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • Peninsula Estates Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,513

Year Built

Built in 1950

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Percent Of Remodel: 75
  • Estimated Year Built: 1950
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950
  • Year Renovated: 1993

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Blinds, Drapes, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Walk-In Closet(s), Solid Surface Counters, Mud Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12x13, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12x9, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 14x11, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10x7, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15x14, On Level: Main Floor, Flooring: Wood
  • Range: R 12W
  • Total Finished Sf Apx: 1766

Exterior Features

  • Body Of Water: Long Lake
  • Exterior Features: Deck, Patio
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block, Entrance Inside
  • Number Of Acres: 0.71
  • Road: Association, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Sandy Bottom, Gradual Slope to Water
  • Waterfront Frontage: 199

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Detached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Stove
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 7x7, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Antenna, Cable TV, DSL, Cable Internet, Dish TV
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 250
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Water Front Park, Pets Allowed, Common Area
  • Development Name: Peninsula Estates

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 199'X196'
  • 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
Apr 1, 2020
Closed on
Sep 14, 2020
Sold by
Jon Chrestensen
Bought by
Lauters David R and Lauters Alison C
Seller's Agent
Dave Cutler
Twin Bay Properties, LLC
Buyer's Agent
Kristine Shacklette
Century 21 Northland
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%
Current Estimated Value
$1,546,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,645
Avg. Annual Appreciation
16.09%
Source: Public Records

Range of Values:

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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
Lauters David R $715,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $715,000 -4.7% $405 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $750,000 -- $425 / 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 $10,513 $853,500 $0 $0
2024 $7,458 $751,200 $0 $0
2023 $7,136 $357,500 $0 $0
2022 $9,501 $490,100 $0 $0
2021 $9,257 $357,500 $0 $0
2020 $4,588 $436,200 $0 $0
2019 $4,268 $427,800 $0 $0
2018 $4,146 $411,500 $0 $0
2017 -- $405,400 $0 $0
2016 -- $380,500 $0 $0
2014 -- $357,400 $0 $0
2012 -- $377,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1873428

Northern Great Lakes REALTORS® MLS

APN: 08-256-003-00