NOT LISTED FOR SALE

Estimated Value: $240,000 - $333,000

1 Bed
1 Bath
384 Sq Ft
$745/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $205,000 $534 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,895/month

52 Days on Market

Highlights

  • Home Performance with ENERGY STAR
  • Cottage
  • Fenced Yard
  • Central High School Rated A-
  • Beamed Ceilings
  • Skylights

About This Home

As of October 2021

Rare opportunity to own this completely remodeled stunning studio cottage with a huge fenced in backyard making it very quiet and secluded for all your entertaining needs in downtown Traverse City. The sellers did not spare when it came to putting the finishing touches on this place, like new windows, new soft close cabinets, all new appliances including hot water tank, mini split for heat and air conditioning. New bathroom with custom marble shower and a mixture of gorgeous stone and tile. the outside has a custom awning made out of Red wood and the deck made out of Cedar. Just a short walk to all your favorite restaurants, breweries, shopping, beaches and more. You don't want to miss out on owning a little piece of paradise in Traverse City! Extra bonus this lot is R-2 which means you can add one more dwelling on the property.

Last Agent to Sell the Property

Keira Tue

Key Realty One-TC License #6501394483 Listed on: 08/08/2021

Key Realty One-TC

Last Buyer's Agent

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537

REMAX Bayshore - W Bay Shore Dr TC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1906

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 32.9 x 125
  • Fenced Yard
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 384 Sq Ft Home
  • Beamed Ceilings
  • Skylights
  • Gas Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling
  • ENERGY STAR Qualified Air Conditioning
  • Ductless Heating Or Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Home Performance with ENERGY STAR
  • Patio

Community Details

  • 5000 Civic Center Area Community

Home Details

Home Type

Single Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage
  • Percent Of Remodel: 90
  • Estimated Year Built: 1906
  • Construction: Frame
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 1906
  • Year Renovated: 2021

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater
  • Interior Amenities: Skylights, Beamed Ceilings
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 10.3x9, On Level: Upper Floor
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 9x11.3, On Level: Main Floor
  • Living Room: Dimensions: 15.5x12.2, On Level: Main Floor, Flooring: Vinyl
  • Range: R 25W
  • Total Finished Sf Apx: 384

Exterior Features

  • Additional Buildings: Workshop
  • Exterior Features: Patio, Fenced Yard
  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Number Of Acres: 0.09
  • Road: Gravel
  • Roof: Metal

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Gas
  • Heating Cooling Types: Zoned/Dual, Ductless A/C
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: 5000 CIVIC CENTER AREA

Green Features

  • Energy Efficient: Energy Star Appliances
  • Renewable: Energy Star Rated A/C

Lot Info

  • Lot Dimensions: 32.9 x 125
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Multi-Family

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2021
Closed on
Oct 1, 2021
Sold by
Peter Spaulding
Bought by
Rine Victoria
Seller's Agent
Keira Tue
Key Realty One-TC
Buyer's Agent
Bob Brick
REMAX Bayshore - W Bay Shore Dr TC
List Price
$200,000
Sold Price
$205,000
Premium/Discount to List
$5,000
2.5%
Current Estimated Value
$286,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,192
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Jul 29, 2016

Purchase Details

Closed on
Jul 16, 2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Rine Victoria $205,000 --
-- $83,500 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $205,000 0.0% $534 / Sq Ft
08/15/2021 08/15/21 Price Changed $205,000 +2.5% $534 / Sq Ft
08/08/2021 08/08/21 For Sale $200,000 -- $521 / 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 $4,754 $120,900 $0 $0
2024 $4,392 $110,300 $0 $0
2023 $4,120 $60,300 $0 $0
2022 $4,251 $77,600 $0 $0
2021 $2,550 $60,300 $0 $0
2020 $1,699 $53,600 $0 $0
2019 $1,604 $42,800 $0 $0
2018 $1,571 $43,400 $0 $0
2017 -- $40,500 $0 $0
2016 -- $35,800 $0 $0
2014 -- $28,000 $0 $0
2012 -- $26,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1891481

Northern Great Lakes REALTORS® MLS

APN: 51-642-241-00