NOT LISTED FOR SALE

8230 E Lakeview Hills Rd Traverse City, MI 49684

Estimated Value: $718,000 - $831,000

4 Beds
3 Baths
3,021 Sq Ft
$251/Sq Ft Est. Value

Last Sold October 27, 2022

Last sale price $600,000 $199 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,416/month

29 Days on Market

Highlights

  • Guest House
  • Wood Burning Stove
  • Radiant Floor
  • Countryside Views
  • Farm
  • Jetted Tub in Primary Bathroom

About This Home

As of October 2022

Charming 5-acre farmette in Leelanau County 3 minutes from Farm Club and across the street from the TART trail. The beautifully updated 3 bedroom, 2 bathroom family home is anchored by a fully restored 130-yr old non-adjoined schoolhouse that has been meticulously brought back to life as a 1 bedroom, 1 bathroom guest house. The owners— a draftswoman and a woodworker— put thousands of hours of custom touches to this restoration that simply have to be viewed in person. The main home boasts a huge primary suite above the garage with private access, sitting area, kitchenette, bathroom with in-floor radiant heat and attached office/craft room. It has been used as a bed & breakfast with great rental history. The open concept living in the main house has been renovated and features butcherblock counters, custom open shelves and beautiful natural light. Enjoy the back door access to the miles of TART trail that await and the easy proximity to Farm Club down the road and all that Traverse City has to offer. Make the established gardens, raised beds, chicken area and hay fields your own daily vista. Peak out the big slider to see your family playing in the fenced in back yard and swinging on the massive, custom swing set overlooking your own 5 acre slice in the Land of Delight. History. Charm. Function. Accessibility. It's all here. Check out the video linked below for a peak at life on Lakeview Hills Rd! Showings start Sunday (9/25) at 12-noon.

Last Agent to Sell the Property

Kimberly Bork

Venture Property LLC License #6502428855 Listed on: 09/22/2022

Last Buyer's Agent

Tera Garrow

Bayside Real Estate License #6501309252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,474

Year Built

  • Built in 1960

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 505x407x505x433
  • Fenced Yard
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,021 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Mud Room
  • Radiant Floor
  • Countryside Views

Kitchen

  • Oven or Range
  • Stove
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Well
  • Electric Water Heater

Additional Features

  • Patio
  • Guest House
  • Farm

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,474

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Percent Of Remodel: 75
  • Estimated Year Built: 1960
  • Construction: Frame
  • Section Number: 6
  • Year Updated: 2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Freezer, Cook Top, Ceiling Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Walk-In Closet(s), Mud Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15.9x11.3, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 15.2x13.2, On Level: Main Floor
  • Bedroom 3: Dimensions: 14.8x29, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12x12.8, Flooring: Wood
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: No
  • Kitchen: Dimensions: 19.3x12, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 19.3x12, On Level: Main Floor, Flooring: Laminate
  • Other Room: Dimensions: 7.8x7.6, On Level: Main Floor, Flooring: Tile
  • Estimated Above Ground Finished Sq Ft: 3021
  • Price Per Sq Ft: 198.61
  • Range: R 11W
  • Total Finished Sf Apx: 3021

Exterior Features

  • Additional Buildings: Guest House
  • Exterior Features: Patio, Fenced Yard, Countryside View, Garden Area
  • Exterior Finish: Vinyl, Wood
  • Foundation: Slab
  • Number Of Acres: 5
  • Road: Shared, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached, Heated, Concrete Floors

Utilities

  • Fireplaces And Stoves: Stove
  • Heating Cooling Types: Forced Air, Baseboard, Radiant Floor
  • Laundry: Dimensions: 9.10x10.2, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Internet
  • Water: Private Well

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Farm
  • Lot Dimensions: 505X407X505X433
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Agricultural, Horses Allowed, Rental History

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: $1,925
  • Winter Taxes: $582

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Jan 15, 2019
Sold by
Ostlund John K
Bought by
Herrmann Caleb B and Herrmann Ashley M
Seller's Agent
Maribeth Kinsley
EXIT Northern Shores-TC
Buyer's Agent
Marilyn Taylor
EXIT Northern Shores-TC
List Price
$274,900
Sold Price
$242,000
Premium/Discount to List
-$32,900
-11.97%
Current Estimated Value
$758,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,734
Avg. Annual Appreciation
16.72%
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
Herrmann Caleb B $242,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Sold $600,000 +21.2% $199 / Sq Ft
09/22/2022 09/22/22 For Sale $495,000 +104.5% $164 / Sq Ft
01/15/2019 01/15/19 Sold $242,000 -2.2% $113 / Sq Ft
11/06/2018 11/06/18 Price Changed $247,400 -1.0% $115 / Sq Ft
10/02/2018 10/02/18 Price Changed $249,900 -5.7% $117 / Sq Ft
09/13/2018 09/13/18 Price Changed $264,900 -3.6% $124 / Sq Ft
08/24/2018 08/24/18 For Sale $274,900 -- $128 / 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 $4,474 $275,700 $0 $0
2024 $3,402 $234,100 $0 $0
2023 $3,253 $209,900 $0 $0
2022 $3,273 $171,300 $0 $0
2021 $2,518 $124,900 $0 $0
2020 $2,508 $123,500 $0 $0
2019 $1,738 $117,300 $0 $0
2018 -- $84,100 $0 $0
2017 -- $84,500 $0 $0
2016 -- $82,000 $0 $0
2015 -- $81,600 $0 $0
2014 -- $81,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1905231

Northern Great Lakes REALTORS® MLS

APN: 004-006-012-00