D
Seller's Agent in 2025
Daniel Stiebel
Coldwell Banker Schmidt Traver
(231) 633-0432
4 in this area
107 Total Sales
103 S Madison St Traverse City, MI 49684
Kids Creek Neighborhood
0.45
Acre
$1,111,111
Price per Acre
19,602
Sq Ft Lot
Highlights
- 0.45 Acre Lot
- Corner Lot
- High Speed Internet
- Willow Hill Elementary School Rated A-
About This Lot
As of February 2025Prime development parcel located right next to Munson Medical Center. This property is approximately 0.5 acres in size and has been used as a parking lot for many years (can accommodate up to 42 vehicles). With municipal water & sewer, this parcel is perfect for a multifamily development, medical office development, continued use as a parking lot, or many other uses allowed under H-1 zoning. Bring your ideas and take advantage of this excellent location! Sale of this property is contingent on sale of 224 Circle Dr (MLS #185177). Seller will entertain offers on 103 S Madison St lot but reserves the right to wait until 224 Circle Dr is sold prior to selling 103 S Madison St lot.
Last Agent to Sell the Property
Coldwell Banker Schmidt Traver License #6501406999 Listed on: 02/14/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,502
Lot Details
- 0.45 Acre Lot
- Corner Lot
- Level Lot
- Cleared Lot
- The community has rules related to zoning restrictions
Utilities
- High Speed Internet
- Phone Available
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 27, 1992
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $167,300 | -- |
Source: Public Records
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 | -- | -- |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Stiebel
-
Alex MacKenzie
Seller's Agent in 2025
Alex MacKenzie
Coldwell Banker Schmidt Traver
(231) 499-0529
3 in this area
34 Total Sales
-
Karen Schmidt
Seller Co-Listing Agent in 2025
Karen Schmidt
Coldwell Banker Schmidt Traver
(231) 218-4463
3 in this area
144 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1919309
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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