NOT LISTED FOR SALE

872 Rennie Lake Rd Traverse City, MI 49696

Estimated Value: $426,726 - $486,000

3 Beds
1 Bath
800 Sq Ft
$583/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $280,000 $350 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,788/month

65 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Courtade Elementary School Rated A-
  • Private Dock
  • Bay View

About This Home

As of February 2020

Up North waterfront cottage! If you're looking for the perfect lakefront get away, don't miss your opportunity for this well maintained 3-BR cabin w/ stunning sunsets on all-sports Rennie Lake. This is the perfect little lake house w/ beautiful southwest views and an authentic feeling of what vacationing in northern Michigan should be. Rennie Lake has no public access which limits traffic to residents only, making it a very tranquil location to enjoy your time on the water which will be easy to do from 60' of private frontage & your own private dock. This fully furnished, move in ready cottage is one of the last remaining of it's kind and features: retractable awning which covers lakeside deck for shade & has high wind automatic retracting feature; propane “fireplace” wall unit that heats whole house in 15-20 min; Mitsubishi Ductless Mini Split for A/C and heat; boathouse shed w/ tons of storage for paddle boards; single garage for winter boat storage; (both shed and garage have electric); vinyl coated chain link fence for the enjoyment of your pets; and a spacious yard that provides the perfect buffer between the house and the roadway. The property is also very close to snowmobile & ATV trails, 1000's of acres of public land and multiple recreational opportunities, and is a quick trip to downtown Traverse City or villages of Acme, Kalkaska, Kingsley, Fife Lake, or Manton. Sale includes a jet boat, fishing boat, swim platform, and dock!

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 12/10/2019

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Lesley Werth

45th Parallel Homes License #6506045242

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,171

Year Built

  • Built in 1946

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 60x189x166x60x130x180
  • Private Waterfront
  • 60 Feet of Waterfront
  • Sandy Beach
  • Fenced Yard
  • Bluff on Lot
  • Landscaped
  • Sloped Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Bay Window
  • Great Room
  • Bay Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Deck
  • Shed
  • Rain Gutters

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Multiple Heating Units
  • Heating System Mounted To A Wall or Window
  • Well
  • Propane Water Heater
  • Satellite Dish
  • TV Antenna

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,171

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1946
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1946
  • Year Renovated: 2005

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Freezer, Blinds, Drapes, Ceiling Fan, Propane Water Heater, Smoke Alarms(s)
  • Interior Amenities: Bay Window(s), Great Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 9x8.5, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 2: Dimensions: 9x8, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 3: Dimensions: 9x8, On Level: Main Floor, Flooring: Vinyl
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: combox12.8, On Level: Main Floor
  • Kitchen: Dimensions: 10.8x7.3, On Level: Upper Floor, Flooring: Vinyl
  • Living Room: Dimensions: 21.9xcombo, On Level: Main Floor, Flooring: Carpet
  • Range: R 9W
  • Total Finished Sf Apx: 800

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Rennie Lake
  • Exterior Features: Bay View, Deck, Fenced Yard, Landscaped, Gutters
  • Exterior Finish: Wood
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.6
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Private Dock, Sandy Bottom, Bluff (greater than 10ft), Vegetation to Water Edge, Public Lake
  • Waterfront Frontage: 60

Garage/Parking

  • Driveway: Gravel, Private
  • Garage Capacity: 1
  • Primary Garage: Detached, Concrete Floors, Pole Construction

Utilities

  • Heating Cooling Types: Wall, Ductless A/C
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Tv Service Internet Avail: Antenna, Dish TV
  • Water: Private Well

Association/Amenities

  • Development Name: metes & bounds

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Evergreens, Sloping
  • Lot Dimensions: 60x189x166x60x130x180
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2019
Closed on
Feb 13, 2020
Sold by
Russell Jason A
Bought by
Graham David A
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Lesley Werth
45th Parallel Homes
List Price
$274,500
Sold Price
$280,000
Premium/Discount to List
$5,500
2%
Current Estimated Value
$466,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,182
Avg. Annual Appreciation
9.34%

Purchase Details

Closed on
Jan 23, 2018
Sold by
Lowe Cary B and Lowe Sheila K
Bought by
Russell Jason A

Purchase Details

Listed on
May 18, 2014
Closed on
Sep 4, 2014
Seller's Agent
Bryan Olshove
Coldwell Banker Schmidt Traver
Buyer's Agent
Janel Brown
REO-TCFront-233021
List Price
$189,900
Sold Price
$187,000
Premium/Discount to List
-$2,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Feb 28, 2005
Source: Public Records

Range of Values:

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Average Value
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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
Graham David A $280,000 --
Russell Jason A -- --
-- $187,000 --
-- $7,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/13/2020 02/13/20 Sold $280,000 0.0% $350 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
12/16/2019 12/16/19 Price Changed $280,000 +2.0% $350 / Sq Ft
12/10/2019 12/10/19 For Sale $274,500 +46.8% $343 / Sq Ft
09/04/2014 09/04/14 Sold $187,000 -1.5% $234 / Sq Ft View Prior Sale
07/18/2014 07/18/14 Pending -- -- --
05/18/2014 05/18/14 For Sale $189,900 -- $237 / 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 $4,171 $166,900 $0 $0
2024 $1,080 $146,100 $0 $0
2023 $1,034 $88,000 $0 $0
2022 $3,775 $97,900 $0 $0
2021 $3,666 $88,000 $0 $0
2020 $3,136 $84,700 $0 $0
2019 $2,316 $80,800 $0 $0
2018 $0 $71,900 $0 $0
2017 -- $71,900 $0 $0
2016 -- $72,100 $0 $0
2014 -- $64,400 $0 $0
2012 -- $70,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1870255

Northern Great Lakes REALTORS® MLS

APN: 12-006-019-01