NOT LISTED FOR SALE

8388 Peninsula Dr Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $725,000 - $1,040,000

3 Beds
1.5 Baths
1,320 Sq Ft
$660/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $700,000 $530 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,388/month

134 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Bay View
  • Central High School Rated A-
  • Sandy Beach
  • Wooded Lot

About This Home

As of December 2022

WHO COULD ASK FOR ANYTHING MORE? 3.3 MILES OUT Peninsula Drive on OLD MISSION PENINSULA ( about 5" from town) you'll find a tidy, and meticulous maintained brick Ranch offering 3 bed/1.5 baths on a spectacular 3/4 acre lot. This lot boasts 100' of private beachfront on WEST BAY! A large parcel ( 100'x322') giving its owners unmatchable views, room to add on existing home or to build a new one, pool, sports field, spot for the pole building, playground whatever you might like to add or you can sit down, put your feet up and enjoy the uninterrupted views of West Bay and its activities...to Power Island and beyond...all from a slightly elevated property offering even more expansive views and award-winning SUNSETS. There's more...3 bedrooms, 1.5 baths, hardwood flooring, newer appliances - W/D, D/W, Oven range, Refrigerator, Gas F/P, Central A/C, large windows to the Bay and fenced yard. Attached garage with enough space for 1.5 cars and it is built in with numerous cabinets for storage. Lots of space to add whatever you'd like! IT'S ALL YOURS11

Last Agent to Sell the Property

Alice Shirley

REO-TCRandolph-233022 License #6501201782 Listed on: 07/01/2022

REO-TCRandolph-233022

Last Buyer's Agent

Judy Curtice-Porter

REO-TCRandolph-233022 License #6506000348

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,765

Year Built

  • Built in 1951

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 101 x 322
  • Private Waterfront
  • 101 Feet of Waterfront
  • Sandy Beach
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Bay Window
  • Mud Room
  • Entrance Foyer
  • Bay Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Outdoor Grill

Location

  • Property is near a Great Lake

Schools

  • Eastern Elementary School
  • Traverse City East Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,765

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1951
  • Construction: Brick
  • Principal Residence: Yes
  • Private Shared: Private
  • Section Number: 24
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1951

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Cook Top, Blinds, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Bay Window(s), Foyer Entrance, Mud Room, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12x10, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 9.6x11, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 9.6x11, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 1.5
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 8x8, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10x11, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 26x12, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1320
  • Price Per Sq Ft: 530.3
  • Range: R 11W
  • Total Finished Sf Apx: 1320

Exterior Features

  • Body Of Water: West Bay
  • Exterior Features: Bay View, Fenced Yard, Landscaped, Built-in Grill
  • Exterior Finish: Vinyl, Brick
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.74
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Across Rd), All Sports, Water View, Sandy Bottom, Gradual Slope to Water, Great Lake, Public Lake, Stony Bottom, Sandy Shoreline
  • Waterfront Frontage: 101

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 1
  • Primary Garage: Attached, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Wood
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Traverse City Area Public Schools
  • Elementary School: Eastern Elementary School
  • Middle School: Traverse City East Middle School
  • High School: Central High School

Lot Info

  • Percent Open: 75
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Cleared, Level
  • Lot Dimensions: 101 x 322
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Percent Wooded: 25
  • Zoning Use Restrictions: Residential, Seasonal Use/Winterized, Outbuildings Allowed

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 8718
  • Taxable Value: 244100
  • Total Taxes: 10765
  • Winter Taxes: 1997
  • Year Summer: 2021
  • Year Winter: 2021

MLS Schools

  • Elementary School: Eastern Elementary School
  • HighSchool: Central High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City East Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Dec 29, 2022
Sold by
Shirfarbz Llc
Bought by
Wilk Jacek
Seller's Agent
Alice Shirley
REO-TCRandolph-233022
Buyer's Agent
Judy Curtice-Porter
REO-TCRandolph-233022
List Price
$825,000
Sold Price
$700,000
Premium/Discount to List
-$125,000
-15.15%
Views
101
Current Estimated Value
$870,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,854
Avg. Annual Appreciation
7.12%

Purchase Details

Listed on
Aug 5, 2014
Closed on
Oct 28, 2014
Seller's Agent
Karen Ardery
CENTURY 21 Northland
Buyer's Agent
Alice Shirley
REO-TCRandolph-233022
List Price
$389,000
Sold Price
$389,100
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%

Purchase Details

Listed on
Aug 5, 2014
Closed on
Sep 18, 2014
Seller's Agent
Karen Ardery
CENTURY 21 Northland
Buyer's Agent
Alice Shirley
REO-TCRandolph-233022
List Price
$389,000
Sold Price
$389,100
Premium/Discount to List
$100
0.03%

Purchase Details

Closed on
Mar 12, 2007
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
Wilk Jacek $700,000 --
-- -- --
-- $389,100 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $700,000 -15.2% $530 / Sq Ft
07/01/2022 07/01/22 For Sale $825,000 +112.0% $625 / Sq Ft
09/18/2014 09/18/14 Sold $389,100 0.0% $295 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
08/05/2014 08/05/14 For Sale $389,000 -- $295 / 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 $7,713 $508,500 $0 $0
2024 $5,074 $346,100 $0 $0
2023 $4,855 $239,900 $0 $0
2022 $11,190 $244,100 $0 $0
2021 $10,717 $239,900 $0 $0
2020 $8,481 $212,100 $0 $0
2019 $8,444 $208,000 $0 $0
2018 $13,361 $206,700 $0 $0
2017 -- $190,100 $0 $0
2016 -- $177,800 $0 $0
2014 -- $181,700 $0 $0
2012 -- $186,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alice Shirley

    Real Estate One

    Section Image
  • Judy Curtice-Porter

    Buyer's Agent in 2022

    Judy Curtice-Porter

    Real Estate One

    (231) 499-9074

    1 in this area

    158 Total Sales

    Judy Curtice-Porter
    Section Image
  • Karen Ardery

    Seller's Agent in 2014

    Karen Ardery

    CENTURY 21 Northland

    (231) 357-3584

    2 in this area

    57 Total Sales

    Karen Ardery
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1902013

Northern Great Lakes REALTORS® MLS

APN: 11-324-029-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

8388 Peninsula Dr, Traverse City, MI

This home is located at 8388 Peninsula Dr, Traverse City, MI 49686 since 01 July 2022 and is currently estimated at $870,854, approximately $659 per square foot. This property was built in 1951. 8388 Peninsula Dr is a home located in Grand Traverse County with nearby schools including East Middle School and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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