NOT LISTED FOR SALE

918 Hobbs Hwy S Traverse City, MI 49696

Estimated Value: $654,000 - $783,000

3 Beds
2 Baths
2,031 Sq Ft
$358/Sq Ft Est. Value

Last Sold December 09, 2014

Last sale price $279,000 $137 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,412/month

185 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • RV or Boat Parking
  • Courtade Elementary School Rated A-
  • Sandy Beach
  • Bay View

About This Home

As of December 2014

This home defines a Lake house with water views from every window. A custom made fireplace created by a local artisan mason. The present owners have done all the hard work. All the things that typically have to be updated are done! Newer septic and well, roof, siding, covered porches, private master suite complete with its own covered terrace overlooking Spider Lake. Move right in an enjoy! Seller offering a $3000.00 carpet allowance for new buyer to customize carpet to their style.104 Feet on Spider Lake with year round Sunsets. Nestled in the heart of state and federal land, a wilderness paradise for year round enjoyment. Adjacent to groomed trails, year round fishing out your front or back door.

Last Agent to Sell the Property

Cindy Anderson

Lake Homes Realty, LLC License #6502352611 Listed on: 04/28/2014

Lake Homes Realty, LLC

Last Buyer's Agent

Bob Hammond

Coldwell Banker Schmidt Traver License #6501308449

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,793

Year Built

  • Built in 1952

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 104 x 253.
  • Private Waterfront
  • 104 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Home Design

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

Interior Spaces

  • 2,031 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Den
  • Workshop
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • RV or Boat Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • No Wake Zone
  • Tiered Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,793

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Percent Of Remodel: 85
  • Estimated Year Built: 1952
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 2
  • Year Updated: 2014
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Water Softener Owned, Washer, Dryer, Blinds, Drapes, Curtain Rods, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Walk-In Closet(s), Great Room, Den/Study, Workshop
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15.7x13.3, On Level: Lower Floor
  • Bedroom 2: Dimensions: 12x11.3, On Level: Main Floor
  • Bedroom 3: Dimensions: 10x11, On Level: Main Floor
  • Bedroom 4: Dimensions: 26x19, On Level: Upper Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 14.7x12, On Level: Main Floor
  • Family Room: Dimensions: 17.7x17.7, On Level: Main Floor
  • Kitchen: Dimensions: 10x8, On Level: Main Floor
  • Living Room: Dimensions: 24x12, On Level: Main Floor
  • Other Room: Dimensions: 12x12, On Level: Lower Floor
  • Estimated Above Ground Finished Sq Ft: 1367
  • Estimated Below Grade Finished Sq Ft: 664
  • Estimated Below Grade Unfinished Sq Ft: 150
  • Price Per Sq Ft: 137.37
  • Range: R 11W
  • Total Finished Sf Apx: 2031

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Spider Lake
  • Exterior Features: Bay View, Deck, Multi-Level Decking, Patio, Countryside View, Covered Porch, Landscaped, RV Parking
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Finished Rooms
  • Number Of Acres: 0.55
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Priv Frontage (Across Rd), Inland Lake, All Sports, Sandy Bottom, No Wake
  • Waterfront Frontage: 104

Garage/Parking

  • Driveway: Private
  • Garage Capacity: 2
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 15x12, On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Evergreens
  • Lot Dimensions: 104 x 253.
  • 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
Apr 28, 2014
Closed on
Dec 9, 2014
Seller's Agent
Cindy Anderson
Lake Homes Realty, LLC
Buyer's Agent
Bob Hammond
Coldwell Banker Schmidt Traver
List Price
$349,900
Sold Price
$279,000
Premium/Discount to List
-$70,900
-20.26%
Current Estimated Value
$727,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$448,518
Avg. Annual Appreciation
9.22%

Purchase Details

Closed on
Nov 18, 1997
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
-- $274,000 --
-- $141,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2014 12/09/14 Sold $279,000 -20.3% $137 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $349,900 -- $172 / 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 $6,793 $285,500 $0 $0
2024 $5,462 $255,500 $0 $0
2023 $5,214 $180,700 $0 $0
2022 $6,120 $178,100 $0 $0
2021 $5,914 $180,700 $0 $0
2020 $5,819 $166,600 $0 $0
2019 $5,792 $152,200 $0 $0
2018 $5,655 $140,300 $0 $0
2017 -- $138,500 $0 $0
2016 -- $133,100 $0 $0
2014 -- $103,200 $0 $0
2012 -- $100,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1783141

Northern Great Lakes REALTORS® MLS

APN: 03-102-001-00