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$1,045,000

Beds
4
Baths
2.5
sq ft
2,508

579 Hidden Ridge Dr, Traverse City, MI 49686

579 Hidden Ridge Dr

Peninsula Twp, MI 49686

  • 59 days on market
    • Price drop $55,000↓
Stunning contemporary 2-story home on base of Old Mission Peninsula with 230 Ft. of shared East Bay frontage. Tastefully designed with contemporary feel, this home is loaded with all the right touches and finishes throughout. Island kitchen design with quartz counter tops, walk in pantry, stainless appliances, gas cook top and double wall ovens, nice dining area with easy access to front composite deck area and beautiful East Bay views, Bright & open living room that has 9 ft. ceilings & two way f/p to office, rich wood flooring flows throughout. Gracious primary suite has access to private patio, walk-in closet & en-suite with tiled shower and heated floors. Main floor laundry, half bath and private office/den for convenience. Upper level includes 3 additional bedrooms, nice bay views, full bath and additional storage. Finished lower level has family room currently used as work out space. Finished 2 car garage with epoxy flooring and hot & cold water. Exceptional views are taken advantage from multiple outdoor entertaining areas with side yard patio and plumbing for outdoor gas grill. Extensive landscaping with irrigation. Shared beachfront offers nice sandy shoreline and frontage all ideally situated at the base of Old Mission Peninsula.

Details

Property type

Single Family Residence

Est. home value

$940,264

Lot size

0.66 acres

Price per sq ft

$417

Year built

2010

Monthly HOA fee

$116.67

Price History

10/04/2024
Realcomp

Realcomp #78080050358

Price change
$1,045,000
-5%
09/06/2024
Realcomp

Realcomp #78080050358

Listed
$1,100,000
+113.8%
04/30/2013
Realcomp

Realcomp #78001111070

Sold
$514,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Traverse City

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$729,239
Asking price
$1,045,000
Closing costs (~8% of asking)
-$83,600
Est. remaining loan balance
-$232,161
Cash to seller
$729,239

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Traverse City State Bank

Loan start date

April 2013

Original loan amount

$315,000

Est. remaining balance

$232,161

Interest rate

3.63%

Loan type

Not Provided, 30 year

Seller

Frederick Turcotte and Jean Turcotte

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 5:55 AM

Listing updated: 10/08/2024 at 11:41 AM

Listed by: Linda A Schaub, Phone #: (231) 946-4040

MLS: Realcomp #78080050358

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