103 S Madison St Traverse City, MI 49684
Kids Creek NeighborhoodEstimated payment $3,658/month
Highlights
- 0.45 Acre Lot
- Corner Lot
- High Speed Internet
- Willow Hill Elementary School Rated A-
About This Lot
Prime downtown development parcel off Front Street near Munson Hospital. 0.45 acre lot has 106' on Madison and is 182' deep. Perfect site for multi-family, condos, medical, office, or mixed-use. Zoning is H-1 and municipal water & sewer are available. 224 Circle Drive across the street is also available for sale and development. Owner is a licensed real estate agent in the state of Michigan.
Listing Agent
Coldwell Banker Schmidt Traver License #6502352362 Listed on: 05/12/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,871
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 182x108
- Corner Lot
- Level Lot
- Cleared Lot
- The community has rules related to zoning restrictions
Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,871 | $250,000 | $0 | $0 |
| 2024 | $5,423 | $203,800 | $0 | $0 |
| 2023 | $5,088 | $172,900 | $0 | $0 |
| 2022 | $5,250 | $183,100 | $0 | $0 |
| 2021 | $5,123 | $172,900 | $0 | $0 |
| 2020 | $5,068 | $151,300 | $0 | $0 |
| 2019 | $5,025 | $148,900 | $0 | $0 |
| 2018 | $4,917 | $148,500 | $0 | $0 |
| 2017 | -- | $148,500 | $0 | $0 |
| 2016 | -- | $142,900 | $0 | $0 |
| 2014 | -- | $110,100 | $0 | $0 |
| 2012 | -- | $109,700 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2025 05/12/25 | For Sale | $600,000 | +20.0% | -- |
| 02/28/2025 02/28/25 | Sold | $500,000 | 0.0% | -- |
| 02/14/2024 02/14/24 | For Sale | $500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $167,300 | -- |
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1933608
APN: 51-758-026-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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