NOT LISTED FOR SALE

Estimated Value: $473,999 - $531,000

3 Beds
2 Baths
1,578 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $460,000 $292 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,714/month

92 Days on Market

Highlights

  • Covered Patio or Porch
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Willow Hill Elementary School Rated A-
  • Walk-In Closet
  • Entrance Foyer

About This Home

As of April 2024

Your wait for the perfect location home or investment property in Traverse City ends here! Located in the highly sought Slabtown district on the West side of Traverse City, start your day with a cup of coffee on the spacious covered back porch/deck overlooking the serenely landscaped, partially fenced backyard with majestic crimson maple tree and enjoy the songbirds of the north or the beauty of snow hanging in mature cedar trees lining one side of the yard. Come inside to find a bright and spacious kitchen, plenty of cabinets, all new (2024) stainless steel appliances, water heater, garbage disposal, and main floor laundry room with washer and dryer hook-ups. The main floor also features a bedroom with original hardwood floor, two bathrooms, den and living room. This home is freshly painted with new flooring throughout. The second floor offers two additional bedrooms (one with a walk-in closet) and lots of storage space via a large hallway closet with a cedar storage cubby, and one easily accessible attic. The basement is clean and dry with generous ceiling and lots of storage space. If you’re looking for convenience and leisure, this home cannot be beat! It is two blocks from Munson Medical Center, four blocks from Grand Traverse West Bay waterfront, the Traverse Area Rails and Trail path and walking distance to the heart of downtown Traverse City for shopping, restaurants and so much more. If that isn’t enough, this C-2 zoned property offers an amazing investment income opportunity as a rental, redesign into a duplex or build an apartment over the 2-car garage (newly roofed less than 3 years ago) with 3-car asphalt pad. The second unit would qualify as a short-term rental per the TC Zoning Dept. This home has been owned by one family for 60 years and the care they gave makes it move-in ready for you! Schedule your appointment today - this one is not going to last!

Last Agent to Sell the Property

Lynne Moon

REO-TCRandolph-233022 License #6501147242 Listed on: 01/15/2024

REO-TCRandolph-233022

Last Buyer's Agent

Erica Mohr

REO-TCRandolph-233022 License #6501388991

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,579

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 35x165
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,578 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Carpet
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Parking

  • 2 Car Detached Garage
  • Alley Access
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Hannah Lay & Co's 9Th Add Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,579

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 1900
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1900

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Blinds, Ceiling Fan
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Walk-In Closet(s)
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 10.09x9.00, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 11.02x8.00, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12.00x12.01, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Flooring: Carpet
  • Kitchen: Dimensions: 16.05x12.00, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 18.00x12.00, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 11.06x7.00, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 1578

Exterior Features

  • Exterior Features: Sidewalk, Covered Porch, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Block, Unfinished
  • Number Of Acres: 0.13
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop, Alley Access
  • Garage Capacity: 2
  • Primary Garage: Detached, Door Opener, Alley Entrance, Concrete Floors

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 9.05x4.00, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Association/Amenities

  • Development Name: HANNAH LAY & CO'S 9TH ADD

Lot Info

  • Land Features: Level
  • Lot Dimensions: 35x165
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Commercial

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Apr 19, 2024
Sold by
King Edna M
Bought by
Holmes Layne
Seller's Agent
Lynne Moon
REO-TCRandolph-233022
Buyer's Agent
Erica Mohr
REO-TCRandolph-233022
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Views
74
Current Estimated Value
$493,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,250
Avg. Annual Appreciation
4.67%
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
Holmes Layne $460,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $460,000 -7.8% $292 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $499,000 -- $316 / 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 $1,579 $181,500 $0 $0
2024 $1,401 $200,300 $0 $0
2023 $1,303 $117,500 $0 $0
2022 $1,402 $140,500 $0 $0
2021 $1,374 $117,500 $0 $0
2020 $1,361 $100,200 $0 $0
2019 $1,356 $100,700 $0 $0
2018 $1,328 $95,100 $0 $0
2017 -- $80,300 $0 $0
2016 -- $78,700 $0 $0
2014 -- $71,400 $0 $0
2012 -- $62,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1918674

Northern Great Lakes REALTORS® MLS

APN: 51-650-032-00