NOT LISTED FOR SALE

8688 S Lakeview Ridge Trail Traverse City, MI 49684

Estimated Value: $798,000 - $1,187,000

3 Beds
3.5 Baths
3,500 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 18, 2014

Last sale price $390,000 $111 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,362/month

359 Days on Market

Highlights

  • Water Views
  • Deck
  • Ranch Style House
  • Spa
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of March 2014

You will never get tired of the wonderful views & sun-sets from this spacious ranch style home nestled in a small private Elmwood Twp. Development “Lakeview Ridge”. Home offers wonderful main floor living spaces, large remodeled island kitchen layout w/granite c/tops and is open to lovely sun-room area, cozy living rm. w/nat. fireplace & built-in entertainment center, formal dining area, master suite has gracious private bath area & lg. walk-in closet. Enjoy nice finished lower level w/daylight windows, family rm., hobby/craft area, walk-in cedar closet, gas log stove, full bath and huge storage/work shop area with additional staircase to garage. Great views of S. Lake Leelanau and rolling countryside from a large entertaining rear deck area.

Last Agent to Sell the Property

Linda Schaub

REO-TCRandolph-233022 License #6501290614 Listed on: 03/23/2013

REO-TCRandolph-233022

Last Buyer's Agent

Kellie Sergent

Century 21 Northland-Elk Rapids License #6506048950

Century 21 Northland-Elk Rapids

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,524

Year Built

  • Built in 1996

Lot Details

  • 1.75 Acre Lot
  • Cul-De-Sac
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $54 Monthly HOA Fees

Property Views

  • Water Views
  • Countryside Views

Home Design

  • Ranch Style House
  • Wood Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • Bookcases
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Gas Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Spa
  • Deck
  • Rain Gutters

Utilities

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

Community Details

  • Lakeview Ridge Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,524

Year Built

Built in 1996

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1996
  • Construction: 2x6 Framing, Frame
  • Section Number: 6
  • Univs Design Barrier Free: Main Floor Access
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1996

Interior Features

  • Appliances Equipment: Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Hot Tub, Cook Top, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Skylights, Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Breakfast Nook, Granite Kitchen Tops, Island Kitchen, Formal Dining Room, Workshop, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15.07x14.03, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 15.00x13.00, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13.07x11.06, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 13.06x10.04, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 40.00x22.00, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 26.00x16.00, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 20.00x16.00, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2300
  • Estimated Below Grade Finished Sq Ft: 1200
  • Estimated Below Grade Unfinished Sq Ft: 1100
  • Price Per Sq Ft: 111.43
  • Range: R 11W
  • Total Finished Sf Apx: 3500

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Sidewalk, Countryside View, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Full, Wood, Daylight Windows, Finished Rooms
  • Number Of Acres: 1.75
  • Road: Cul-de-Sac, Association, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

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

Condo/Co-op/Association

  • Annual Association Fees: 650

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: LAKEVIEW RIDGE

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Lot Number: 2
  • Land Features: Wooded, Sloping
  • Lot Dimensions: Irregular
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2013
Closed on
Mar 18, 2014
Sold by
Begala Steven M & Kathye L Trust
Bought by
Gelbke Michael H and Gelbke Joan G
Seller's Agent
Linda Schaub
REO-TCRandolph-233022
Buyer's Agent
Kellie Sergent
Century 21 Northland-Elk Rapids
List Price
$439,000
Sold Price
$390,000
Premium/Discount to List
-$49,000
-11.16%
Current Estimated Value
$912,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,103
Avg. Annual Appreciation
7.05%
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
Gelbke Michael H $390,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2014 03/18/14 Sold $390,000 -11.2% $111 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
03/23/2013 03/23/13 For Sale $439,000 -- $125 / 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 $4,524 $397,300 $0 $0
2024 $3,379 $369,700 $0 $0
2023 $3,211 $295,800 $0 $0
2022 $4,110 $261,800 $0 $0
2021 $3,909 $255,000 $0 $0
2020 $3,891 $245,500 $0 $0
2019 $3,583 $233,300 $0 $0
2018 -- $217,700 $0 $0
2017 -- $220,800 $0 $0
2016 -- $198,000 $0 $0
2015 -- $189,400 $0 $0
2014 -- $167,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1743043

Northern Great Lakes REALTORS® MLS

APN: 004-613-002-00