NOT LISTED FOR SALE

8520 Peninsula Dr Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $1,207,000 - $1,850,077

4 Beds
2.5 Baths
2,406 Sq Ft
$659/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $549,900 $229 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $9,624/month

107 Days on Market

Highlights

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

About This Home

As of March 2016

Charming home with lovely sandy frontage & sunsets over Grand Traverse Bay. Features include: main floor master suite & three additonal bedrooms, spacious living room with gas fireplace, wood stove in kitchen/breakfast nook, beveled glass French doors off the foyer open to a formal dining room which in turn opens to elegantly bricked patio with privacy fencing & inline Bar-B-Que; a main floor laundry room, wet bars up & down, wood floors & ceramic tile make "up north" living a breeze. A two car attached garage plus addl 35x48 4+ car detached garage w/one 12' high door for a motor home, boats and toys galore. An extra large waterside double deck and storage shed makes entertaining at the beach so much fun. Lovely landscaping and irrigation compliment the grounds. 4.5 miles to downtown Traverse City. Make memories here which will last a lifetime.

Last Agent to Sell the Property

Anne Perry

Up North Properties License #6501338741 Listed on: 09/23/2015

Last Buyer's Agent

Hannah Matthews

Five Star Real Estate - Front St TC License #6501340099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,814

Year Built

  • Built in 1960

Lot Details

  • 0.78 Acre Lot
  • Private Waterfront
  • 90 Feet of Waterfront
  • Property fronts an easement
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,406 Sq Ft Home
  • Wet Bar
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Bay Window
  • Entrance Foyer
  • Formal Dining Room
  • Bay Views
  • Basement Windows

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Attached Garage
  • Second Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Tiered Deck
  • Covered Patio or Porch
  • Shed
  • Outdoor Grill
  • Rain Gutters

Schools

  • Old Mission Peninsula Elementary School
  • Traverse City East Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,814

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1960
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 34
  • Year Updated: 2015
  • Year Renovated: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Wall Oven, Cook Top, Blinds, Drapes, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Built-In Bookcase, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Wet Bar, Pantry, Breakfast Nook, Island Kitchen, Formal Dining Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 17x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14.07x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12x8, On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 9.05x8.08, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 12x11, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 21x13, On Level: Lower Floor, Flooring: Concrete
  • Kitchen: Dimensions: 23x12, On Level: Main Floor, Flooring: Carpet
  • Living Room: Dimensions: 23.02x22.10, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 15.01x13.09, On Level: Lower Floor, Flooring: Concrete
  • Estimated Above Ground Finished Sq Ft: 2406
  • Estimated Below Grade Unfinished Sq Ft: 832
  • Price Per Sq Ft: 228.55
  • Range: R 11W
  • Total Finished Sf Apx: 2406

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Secondary Garage(s)
  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Bay View, Sprinkler System, Multi-Level Decking, Patio, Sidewalk, Covered Porch, Landscaped, Built-in Grill, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Block, Daylight Windows, Finished Rooms
  • Number Of Acres: 0.78
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Across Rd), All Sports, Water View, Sandy Bottom, Gradual Slope to Water, Sandy Shoreline
  • Waterfront Frontage: 90

Garage/Parking

  • Driveway: Blacktop, Concrete, Circular, Easement
  • Garage Capacity: 5
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood, Stove
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 8.09x8, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: metes and bounds

Schools

  • School District: Traverse City Area Public Schools
  • Elementary School: Old Mission Peninsula School
  • Middle School: Traverse City East Middle School
  • High School: Central High School

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Level
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Green Features

  • Renewable: Programmable Thermostat

Tax Info

  • Summer Taxes: 4919.16
  • Winter Taxes: 2493.18
  • Year Summer: 2015
  • Year Winter: 2014

MLS Schools

  • Elementary School: Old Mission Peninsula 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
Sep 23, 2015
Closed on
Mar 11, 2016
Seller's Agent
Anne Perry
Up North Properties
Buyer's Agent
Hannah Matthews
Five Star Real Estate - Front St TC
List Price
$620,000
Sold Price
$549,900
Premium/Discount to List
-$70,100
-11.31%
Current Estimated Value
$1,585,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,035,619
Avg. Annual Appreciation
11.83%

Purchase Details

Closed on
May 3, 1993

Purchase Details

Closed on
May 22, 1985
Source: Public Records

Range of Values:

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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
-- $549,900 --
-- $265,000 --
-- $190,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $549,900 -11.3% $229 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $620,000 -- $258 / 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 $11,814 $732,600 $0 $0
2024 $7,771 $776,800 $0 $0
2023 $7,436 $579,300 $0 $0
2022 $10,644 $602,600 $0 $0
2021 $9,935 $579,300 $0 $0
2020 $9,835 $492,700 $0 $0
2019 $9,887 $468,500 $0 $0
2018 $13,237 $437,300 $0 $0
2017 -- $289,100 $0 $0
2016 -- $267,800 $0 $0
2014 -- $277,400 $0 $0
2012 -- $275,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Anne Perry

    Up North Properties

    (231) 649-1618

    1 in this area

    59 Total Sales

    Anne Perry
    Section Image
  • Hannah Matthews

    Buyer's Agent in 2016

    Hannah Matthews

    Five Star Real Estate - Front St TC

    (231) 633-0039

    4 in this area

    66 Total Sales

    Hannah Matthews
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1806802

Northern Great Lakes REALTORS® MLS

APN: 11-324-024-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

8520 Peninsula Dr, Traverse City, MI

This home is located at 8520 Peninsula Dr, Traverse City, MI 49686 since 23 September 2015 and is currently estimated at $1,585,519, approximately $658 per square foot. This property was built in 1960. 8520 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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