NOT LISTED FOR SALE

8249 Elm Dr Traverse City, MI 49685

Estimated Value: $423,000 - $503,484

3 Beds
2 Baths
1,802 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $348,250 $193 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,165/month

28 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Home Performance with ENERGY STAR
  • 100 Feet of Waterfront
  • Lake Privileges
  • Chalet

About This Home

As of May 2021

This home is like living in a tree house that allows you to walk down the street and have shared access to beautiful Long Lake! Features: T&G knotty pine 16' ceilings, stunning stone gas fireplace, log accents, custom cherry kitchen cabinets with granite topped island, stainless steal appliances and sharp kitchen back splash, solid 6 panel wood interior doors with wood closet doors too, coordinating wood trim, and a deck that is perfect for entertaining outdoors. Each level is finished and carries the "Up North" beautiful wood theme throughout. It makes a wonderful home, vacation home, or rental investment property *(see subdivision bylaws). The lake includes a boat ramp, and the association provides a wonderful park with a pavilion, play equipment, a baseball diamond, and more! There is so much to do on this peninsula, you almost wouldn't ever need to leave. This is a must see, especially at this price!

Last Agent to Sell the Property

Jennifer Kreta

Key Realty One-TC License #6501421253 Listed on: 04/22/2021

Key Realty One-TC

Last Buyer's Agent

Abigail Simon

CENTURY 21 Northland License #6501430120

CENTURY 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,306

Year Built

  • Built in 1999

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x80
  • 100 Feet of Waterfront
  • Sandy Beach
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Private Driveway

Home Design

  • Chalet
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,802 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Gas Fireplace
  • Blinds
  • Rods
  • Great Room

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Eco-Friendly Details

  • Home Performance with ENERGY STAR

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal
  • Wedow's Peninsula Community

Amenities

  • Common Area

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,306

Year Built

Built in 1999

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Chalet
  • Estimated Year Built: 1999
  • Construction: 2x6 Framing, Frame
  • Principal Residence: Yes
  • Private Shared: Shared
  • Section Number: 27
  • Year Updated: 2018
  • Year Renovated: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1999

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Blinds, Curtain Rods, Ceiling Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Walk-In Closet(s), Pantry, Granite Kitchen Tops, Island Kitchen, Great Room, Vaulted Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 10'6"x12", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 17'x13'8", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12'x10'6", On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: ComboxW/LR, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 19'x13'8", On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12'x13', On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 22'10"x13'6", On Level: Main Floor, Flooring: Carpet
  • Other Room: Flooring: Tile
  • Estimated Above Ground Finished Sq Ft: 1152
  • Estimated Below Grade Finished Sq Ft: 650
  • Estimated Below Grade Unfinished Sq Ft: 118
  • Price Per Sq Ft: 193.26
  • Range: R 11W
  • Total Finished Sf Apx: 1802

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Long Lake
  • Exterior Features: Deck
  • Exterior Finish: Wood
  • Foundation: Full, Walkout, Poured Concrete, Entrance Outside
  • Number Of Acres: 0.25
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Sandy Bottom, Deeded Easement
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Blacktop, Private

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Insert, Masonry
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Annual Association Fees: 300
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Community Dock, Lake Privileges, Pets Allowed, Common Area
  • Development Name: Wedow's Peninsula

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Sloping
  • Lot Dimensions: 100x80
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Green Features

  • Energy Efficient: Energy Star Appliances

Tax Info

  • Summer Taxes: 1645.13
  • Total Taxes: 2306.1
  • Winter Taxes: 660.97
  • Year Summer: 2020
  • Year Winter: 2020

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Aug 17, 2015
Seller's Agent
Sue Kelly
REO-TCFront-233021
Buyer's Agent
Judy Crowe
Coldwell Banker Schmidt Traver
List Price
$179,900
Sold Price
$182,500
Premium/Discount to List
$2,600
1.45%
Current Estimated Value
$471,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,121
Avg. Annual Appreciation
9.93%

Purchase Details

Closed on
Jun 26, 2002
Source: Public Records

Range of Values:

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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
-- $182,500 --
-- $153,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $348,250 +7.2% $193 / Sq Ft
04/22/2021 04/22/21 For Sale $325,000 +78.1% $180 / Sq Ft
08/18/2015 08/18/15 Sold $182,500 +1.4% $101 / Sq Ft
07/13/2015 07/13/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $179,900 -- $100 / 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 $6,423 $194,100 $0 $0
2024 $5,328 $194,700 $0 $0
2023 $5,086 $116,600 $0 $0
2022 $5,813 $132,400 $0 $0
2021 $2,323 $116,600 $0 $0
2020 $2,306 $108,900 $0 $0
2019 $2,145 $96,700 $0 $0
2018 $2,084 $92,600 $0 $0
2017 -- $89,200 $0 $0
2016 -- $82,300 $0 $0
2014 -- $69,300 $0 $0
2012 -- $71,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1886379

Northern Great Lakes REALTORS® MLS

APN: 08-355-002-20