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Sold for $840,000
  • $840,000

    1568 River Dr, Traverse City, MI 49696

    5beds
    4,625sqft
    Single Family Residence
    Built in 1990
    10 Acres Lot
    $1,031,700 Zestimate®
    $182/sqft
    $5,491 Estimated rent

    Home value

    $1,031,700

    $939,000 - $1.15M

    $5,491/mo

    Zestimate® history
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    What's special

    Log homeGuest cottageTwo-story cultured stone fireplaceWild brookNorthern michigan lodge architectureSeparate detachedBrown trout
    This custom timber frame / log home and guest cottage are situated among a towering forest canopy with 10 acres and 220' of pristine Boardman River frontage winding through. The four bedroom main home exemplifies northern Michigan lodge architecture with exposed structural wood beams, tongue and groove pine floor planks and a two-story cultured stone fireplace as the center piece. The second floor was recently redesigned to create two oversized bedrooms. Each features a private balcony and the riverside bedroom has an en suite bathroom. The guest cottage is ideal as a private guest quarters or rental income producer. The main level includes a large kitchen/dining area as well as a spacious recreation room. Upstairs you'll find a private bedroom, full bath and charming living space that could easily accommodate bunk beds for additional sleeping. Extensive decking extends from the home all the way to the broad riverside deck. A winding tributary stream, separate detached, heated garage and free standing Finlandia sauna add even more features to this exceptional property. The Boardman river has always been a renowned fishery with wild brook and brown trout, but has continued to improve with the removal of three large dams, allowing fish to move freely between Boardman Lake and the headwaters. Located just off River Road, the property offers excellent access to downtown Traverse City and the mall / shopping areas south of town.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mandy Brown Cell:231-499-8425,

    Homewaters, LLC 877-820-1194,

    Chad Brown 231-499-8292,

    Homewaters, LLC

    Bought with:

    Eleanor Vratanina, 6501370003

    REO-TCRandolph-233022

    Source: NGLRMLS,MLS#: 1916404MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 100.43
    • Dimensions: 10.3 x 9.75
    Bedroom 2
    • Level: Main
    • Area: 136.5
    • Dimensions: 13 x 10.5
    Bedroom 3
    • Level: Upper
    • Area: 405.6
    • Dimensions: 15.6 x 26
    Bedroom 4
    • Level: Upper
    • Area: 461.25
    • Dimensions: 22.5 x 20.5
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Main
    • Area: 272.25
    • Dimensions: 16.5 x 16.5
    Family room
    • Level: Upper
    • Area: 258
    • Dimensions: 21.5 x 12
    Kitchen
    • Level: Main
    • Area: 198
    • Dimensions: 12 x 16.5
    Living room
    • Level: Main
    • Area: 288.75
    • Dimensions: 16.5 x 17.5
    Heating
    • Forced Air, Propane, Geothermal, Fireplace(s)
    Appliances
    • Included: Refrigerator, Oven/Range, Dishwasher, Washer
    • Laundry: Main Level
    Features
    • Entrance Foyer, Mud Room, Den/Study, Vaulted Ceiling(s), High Speed Internet, DSL, WiFi
    • Flooring: Wood, Tile, Carpet
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Pellet Stove
    Interior area
    • Total structure area: 4,625
    • Total interior livable area: 4,625 sqft
    • Finished area above ground: 4,625
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Heated Garage, Finished Rooms, Gravel, Private
    • Garage spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Covered, Porch
    • Exterior features: Balcony, Dock
    • On waterfront: Yes
    • Waterfront features: River
    • Body of water: Boardman River
    • Frontage type: Waterfront
    • Frontage length: 220
    Lot
    • Size: 10 Acres
    • Dimensions: 220 x 1980
    • Features: Wooded, Level, Metes and Bounds
    Details
    • Additional structures: Second Garage
    • Parcel number: 0201101600
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Log, Frame, Timber Frame, Full Log
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Water: Private

    Community & HOA

    Community
    • Features: None
    • Subdivision: N/A
    HOA
    • Services included: None
    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $182/sqft
    • Tax assessed value: $762,000
    • Annual tax amount: $17,366
    • Price range: $840K - $840K
    • Date on market: 10/4/2023
    • Cumulative days on market: 42 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner
    • Road surface type: Gravel

    Price history

    DateEventPrice
    11/13/2023Sold$840,000+1.8%$182/sqft
    Source: NGLRMLS #1916404 Report a problem
    10/4/2023Listed for sale$824,900+54.2%$178/sqft
    Source: NGLRMLS #1916404 Report a problem
    9/30/2020Listing removed$535,000$116/sqft
    Source: Coldwell Banker Schmidt-402 #1870457 Report a problem
    9/29/2020Pending sale$535,000+8.1%$116/sqft
    Source: Coldwell Banker Schmidt-402 #1870457 Report a problem
    9/28/2020Sold$495,000-7.5%$107/sqft
    Source: Agent Provided Report a problem
    7/28/2020Price change$535,000-2.7%$116/sqft
    Source: Coldwell Banker Schmidt-402 #1870457 Report a problem
    4/19/2019Price change$550,000-4.3%$119/sqft
    Source: Coldwell Banker Schmidt, Realtors #1855818 Report a problem
    12/17/2018Listed for sale$575,000+15%$124/sqft
    Source: Coldwell Banker Schmidt-402 #1855818 Report a problem
    6/20/2017Sold$499,900$108/sqft
    Source: EXIT Realty solds #-4359430980494664903 Report a problem
    3/10/2017Price change$499,900-6.6%$108/sqft
    Source: EXIT Realty Paramount #1827314 Report a problem
    2/20/2017Price change$535,000-2.7%$116/sqft
    Source: EXIT Realty Paramount #1827314 Report a problem
    1/27/2017Price change$550,000-6%$119/sqft
    Source: EXIT Realty Paramount #1827314 Report a problem
    5/18/2016Price change$585,000-2.5%$126/sqft
    Source: Real Estate One - Front #1816504 Report a problem
    2/14/2016Price change$600,000+0%$130/sqft
    Source: REO-TC/Front #1811669 Report a problem
    3/28/2015Listed for sale$599,900-9.8%$130/sqft
    Source: Coldwell Banker Schmidt REALTORS #1796609 Report a problem
    8/31/2006Sold$665,000$144/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,366 +37.3%$381,000 +0.5%
    2024$12,649 +5%$379,000 +30.7%
    2023$12,046 +5%$289,900 +9.9%
    2022$11,474 +9.5%$263,900 +3%
    2021$10,482 +65.9%$256,100 -11%
    2020$6,318 $287,800 +4.4%
    2019$6,318 +1.9%$275,800 +23.5%
    2018$6,198 $223,400 -18.2%
    2017-- $273,200 -5%
    2016-- $287,700 -6.6%
    2014-- $308,000 +11.9%
    2012-- $275,174 -1.4%
    2011-- $278,973 -12.5%
    2010-- $318,868 +12.8%
    2009-- $282,603 +4.1%
    2008-- $271,596 +16.6%
    2007-- $232,949 +26.6%
    2005-- $183,988 +1.4%
    2004-- $181,529 +6.7%
    2003-- $170,100 +4.1%
    2002-- $163,429 +10.6%
    2001-- $147,805 +7%
    2000-- $138,194
    Find assessor info on the county website

    Neighborhood: 49696

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Traverse City Area Public Schools

    Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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