NOT LISTED FOR SALE

102 Traverse St Elk Rapids, MI 49629

Estimated Value: $161,000 - $166,000

0.11 Acre
$1,486,364 Price per Acre
4,792 Sq Ft Lot

Last Sold June 25, 2021

Last sale price $99,900

Est. 64% increase in value since last sale

Current estimated payment $1,040/month

792 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • 4-minute walk to Rotary Park
  • Elk Rapids High School Rated A-

About This Lot

As of June 2021

COMMERCIAL LOT IN THE VILLAGE OF ELK RAPIDS! A great opportunity just one block from downtown. Zoned B-2, Central Business District. District is designed to accommodate the traditional downtown commercial enterprises, such as shopping oriented retail, offices, restaurants, personal service businesses, public facilities and the like. They should be of a type where people will visit several locations and walk from one establishment to the next. Residential is allowed as well. So many possibilities!

Last Agent to Sell the Property

Donald Fedrigon

RE/MAX Of Elk Rapids License #6502117560 Listed on: 04/24/2019

RE/MAX Of Elk Rapids

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708

Coldwell Banker Schmidt Traver

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $510

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 121 x 23 x 117 x 56
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available

Community Details

  • Village Of Elk Rapids Community

Property Details

Property Type

Land

Est. Annual Taxes

$510

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 19W

Exterior Features

  • Number Of Acres: 0.11
  • Road: Public Maintained, Blacktop

Utilities

  • Utilities Available: Cable Internet, Natural Gas, Telephone, Underground Electric
  • Waste Available: Municipal
  • Water Available: Municipal Water

Association/Amenities

  • Development Name: Village of Elk Rapids

Lot Info

  • Land Features: Level, Cleared, Corner Lot
  • Lot Dimensions: 121 X 23 X 117 X 56
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Commercial, Office

Tax Info

  • Other Taxes: 95
  • Summer Taxes: 366
  • Total Taxes: 510
  • Winter Taxes: 49
  • Year Winter: 2018

MLS Schools

  • School District: Elk Rapids Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2025
Sold by
Grimaldi-Groulx Wendy
Bought by
Poirier William
Current Estimated Value
$163,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$472,117
Interest Rate
6.8%
Mortgage Type
New Conventional
Estimated Equity
-$308,617

Purchase Details

Listed on
Apr 24, 2019
Closed on
Jun 25, 2021
Sold by
Sabotka Ronald J and Sabotka Cynthia M
Bought by
Groulx Wendy G and Grimaldi Groulx W
Seller's Agent
Donald Fedrigon
RE/MAX Of Elk Rapids
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$99,900
Sold Price
$99,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%

Purchase Details

Closed on
Mar 24, 2006
Bought by
Sabotka Ronald J and Sabotka Cynthia M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
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
Poirier William $500,000 First American Mtg Solutions
Groulx Wendy G $99,900 Misc Company
Sabotka Ronald J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poirier William $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $99,900 0.0% --
04/24/2019 04/24/19 For Sale $99,900 -- --
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 $2,160 $50,500 $0 $0
2024 $19 $50,500 $0 $0
2023 $1,830 $39,300 $0 $0
2022 $1,491 $37,400 $0 $0
2021 $335 $37,400 $0 $0
2020 $323 $22,500 $0 $0
2019 $327 $12,200 $0 $0
2018 $415 $12,200 $0 $0
2017 $407 $12,200 $0 $0
2016 $356 $12,200 $0 $0
2015 -- $12,200 $0 $0
2014 -- $12,200 $0 $0
2013 -- $15,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donald Fedrigon

    Seller's Agent in 2021

    Donald Fedrigon

    RE/MAX Michigan

    (231) 264-5400

    481 Total Sales

    Donald Fedrigon
    Section Image
  • Mark Hagan

    Buyer's Agent in 2021

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    355 Total Sales

    Mark Hagan
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1859901

Northern Great Lakes REALTORS® MLS

APN: 05-43-010-070-10

Michigan Antrim County Elk Rapids 49629

102 Traverse St, Elk Rapids, MI

Not Listed for Sale

Lots

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Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

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