NOT LISTED FOR SALE

657 Peninsula Trail Traverse City, MI 49696

Estimated Value: $553,000 - $986,676

4 Beds
3.5 Baths
2,354 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 02, 2022

Last sale price $877,000 $373 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,093/month

4 Days on Market

Highlights

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

About This Home

As of June 2022

Custom designed home with an eye to maintenance free ownership. Prime 60 feet frontage on the large part of Spider Lake. Welcoming on both inside and out, it not only offers a large balcony with sitting room to enjoy the panoramic view of gorgeous Spider Lake, it has an open floorplan with vaulted ceiling, dining area, granite and upscaled stainless appliances in the kitchen. 2 FP, central air and built in bookcases. Offering 2 BR up and 4th designed as a home office/BR in LL. Deck, patio and terraced steps take you down to the sandy beach which includes perma wood dock, landing, storage shed and boat hoist to enjoy this all sports lake. Deep wooded lot, 2 car garage with attic storage and paved driveway.

Last Agent to Sell the Property

Sue Kelly

REO-TCFront-233021 License #6506036311 Listed on: 04/28/2022

REO-TCFront-233021

Last Buyer's Agent

Caylee Costanza

Coldwell Banker Schmidt Traver License #6501436997

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,059

Year Built

  • Built in 1989

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 60 x 355
  • Private Waterfront
  • 60 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • Steep Slope
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,354 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Den
  • Loft
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • RV or Boat Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Tiered Deck
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

  • Pinewood Shores Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,059

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Contemporary
  • Estimated Year Built: 1989
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 3
  • Univs Design Barrier Free: Main Floor Access, Low Threshold Shower
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1989

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Blinds
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Loft, Granite Kitchen Tops, Island Kitchen, Great Room, Den/Study, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 12x13'10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12'x9'3", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12'x9'3", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 12'9"x11'6", On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 23'x17'6", On Level: Lower Floor, Flooring: Laminate
  • Kitchen: Dimensions: 20'8"x10', On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 23'8"x14', On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1705
  • Estimated Below Grade Finished Sq Ft: 659
  • Estimated Below Grade Unfinished Sq Ft: 165
  • Price Per Sq Ft: 372.56
  • Range: R 10W
  • Total Finished Sf Apx: 2354

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Spider Lake
  • Exterior Features: Multi-Level Decking, Patio, RV Parking
  • Exterior Finish: Rough-Sawn
  • Foundation: Walkout, Block, Finished Rooms
  • Number Of Acres: 0.49
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Private Dock, Sandy Bottom
  • Waterfront Frontage: 60

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Detached, Paved Driveway

Utilities

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

Association/Amenities

  • Development Name: Pinewood Shores

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Steep
  • Lot Dimensions: 60 x 355
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Outbuildings Allowed

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 2803
  • Total Taxes: 4059
  • Winter Taxes: 1256
  • Year Summer: 2021
  • Year Winter: 2021

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 31, 2022
Sold by
Gorney Patricia
Bought by
Osetek Andrew
Seller's Agent
Sue Kelly
REO-TCFront-233021
Buyer's Agent
Caylee Costanza
Coldwell Banker Schmidt Traver
List Price
$795,000
Sold Price
$877,000
Premium/Discount to List
$82,000
10.31%
Current Estimated Value
$833,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,581
Avg. Annual Appreciation
-0.69%

Purchase Details

Closed on
Jun 9, 2014

Purchase Details

Closed on
Jun 6, 2014
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
Osetek Andrew $877,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2022 06/02/22 Sold $877,000 +10.3% $373 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $795,000 -- $338 / 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 $8,043 $396,400 $0 $0
2024 $5,414 $355,200 $0 $0
2023 $5,180 $242,500 $0 $0
2022 $4,205 $238,700 $0 $0
2021 $4,059 $242,500 $0 $0
2020 $3,987 $217,100 $0 $0
2019 $4,007 $202,400 $0 $0
2018 $3,911 $189,300 $0 $0
2017 -- $186,100 $0 $0
2016 -- $177,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1899004

Northern Great Lakes REALTORS® MLS

APN: 03-620-150-10