NOT LISTED FOR SALE

9468 Edgewood Ave Traverse City, MI 49685

Estimated Value: $744,000 - $1,298,000

2 Beds
1 Bath
804 Sq Ft
$1,379/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $875,000 $1,088 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,052/month

304 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Cottage
  • Deeded Waterfront Access Rights
  • Wood Burning Stove
  • Forced Air Heating and Cooling System

About This Home

As of March 2022

Here is your chance to build life-long memories at this coveted Northern Michigan property! Hear the fish splashing, the eerie calls of loons, and the sound of chittering squirrels as you look out from the elevated view onto Long Lake, a clear, spring-fed body of water just 6.5 miles from Traverse City. This property is comprised of two lots equating to just under 1 acre (0.83) and has 200' of private frontage - a rare opening on a highly sought-after waterfront location! Take in the smells of the hemlock, maple leaves, and campfire while staying in the cozy cabin, or utilize the land to build your dream vacation or year-round home. Both winters and summers give access to countless activities, such as great boating. The 5,600-acre lake has plenty of water to explore with its five islands, multiple boat launches, marina, and many sand bars - all while providing privacy and seclusion. Snow will give you access to cross-country skiing, snowmobiling, ice fishing, and more. Any season, any occasion, this is a sacred spot just waiting for the right owner to enjoy life to the fullest!

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 05/01/2021

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 05/01/2021

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,113

Year Built

  • Built in 1963

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 200x164x201x178
  • Private Waterfront
  • 200 Feet of Waterfront
  • Sandy Beach
  • Sloped Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

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

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

Overview

  • Coller Heights Add Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,113

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1963
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 16
  • Univs Design Barrier Free: Main Floor Access
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1963

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 10x10
  • Bedroom 2: Dimensions: 10x10
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 10x14
  • Living Room: Dimensions: 13x17
  • Estimated Above Ground Finished Sq Ft: 804
  • Estimated Below Grade Finished Sq Ft: 804
  • Range: R 11W

Exterior Features

  • Body Of Water: Long Lake
  • Exterior Features: Patio
  • Exterior Finish: Wood
  • Foundation: Slab
  • Number Of Acres: 0.83
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Sandy Bottom, Public Lake
  • Waterfront Frontage: 200

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet, Dish TV
  • Water: Private Well

Association/Amenities

  • Development Name: Coller Heights ADD

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 11,12
  • Deeded Waterfront: Yes
  • Land Features: Sloping
  • Lot Dimensions: 200x164x201x178
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • 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
May 1, 2021
Closed on
Mar 4, 2022
Sold by
Pacholski F Tr
Bought by
Schaeffer Richard W
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$899,750
Sold Price
$875,000
Premium/Discount to List
-$24,750
-2.75%
Current Estimated Value
$1,108,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,332
Avg. Annual Appreciation
6.75%
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
Schaeffer Richard W $875,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $875,000 -2.8% $1,088 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
05/01/2021 05/01/21 For Sale $899,750 -- $1,119 / 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 $26,113 $662,800 $0 $0
2024 $21,660 $697,700 $0 $0
2023 $20,677 $399,800 $0 $0
2022 $8,037 $465,700 $0 $0
2021 $7,810 $399,800 $0 $0
2020 $7,733 $353,000 $0 $0
2019 $4,238 $343,500 $0 $0
2018 $4,117 $345,700 $0 $0
2017 -- $331,500 $0 $0
2016 -- $315,900 $0 $0
2014 -- $296,500 $0 $0
2012 -- $309,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1886811

Northern Great Lakes REALTORS® MLS

APN: 08-095-011-00