NOT LISTED FOR SALE

10515 S Monaco Way Unit 18 Traverse City, MI 49684

Estimated Value: $1,185,000 - $1,219,000

0.58 Acre
$2,069,095 Price per Acre
25,265 Sq Ft Lot

Last Sold June 06, 2012

Last sale price $76,000

Est. 1,479% increase in value since last sale

Current estimated payment $7,172/month

27 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 550 Feet of Waterfront
  • Tennis Courts
  • Willow Hill Elementary School Rated A-
  • Bluff on Lot
  • Adjoins Government Land

About This Lot

As of June 2012

This partially wooded Elmwood Township building site offers a Very Private Setting in the Desirable LaRiviera West Development! A great location just minutes north of TC offering 550 feet of shared West Bay frontage with optional boat dockage,city sewer access and county maintained roads! A gently sloping terrain provides unlimited potential for building your dream home with wonderful natural, maintenance free or landscaped grounds.

Last Agent to Sell the Property

Victoria Oltersdorf

OLTERSDORF REALTY, LLC License #6502340603 Listed on: 04/20/2012

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708

Coldwell Banker Schmidt Traver

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,339

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 154x156x155x170
  • 550 Feet of Waterfront
  • Adjoins Government Land
  • Bluff on Lot
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $21 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • La Riviera West Community

Recreation

  • Tennis Courts
  • Water Sports
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$7,339

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Shared
  • Section Number: 16
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 131034.48

Exterior Features

  • Body Of Water: West Bay
  • Number Of Acres: 0.58
  • Road: Public Maintained
  • Water Features: All Sports, Bluff (less Than 10ft)
  • Waterfront Frontage: 550

Utilities

  • Utilities Available: Cable Tv, Electric, Natural Gas, Telephone, Underground Electric
  • Waste Available: Municipal
  • Water Available: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 250

Association/Amenities

  • Development Amenities: Tennis Courts
  • Development Name: La Riviera West

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 18
  • Deeded Waterfront: Yes
  • Land Features: Level, Hardwoods, Joins State/Federal Land
  • Lot Dimensions: 154x156x155x170
  • Mineral Rights: Unknown
  • Percent Wooded: 50
  • Zoning Use Restrictions: Residential, Platted Subdivision, Bldg & Use Restrictions
  • Percent Open: 50

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jun 1, 2012
Sold by
Hurbis Irene Margaret
Bought by
Beeler Cory and Beeler Margaret
Seller's Agent
Victoria Oltersdorf
OLTERSDORF REALTY, LLC
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$85,000
Sold Price
$76,000
Premium/Discount to List
-$9,000
-10.59%
Current Estimated Value
$1,200,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,075
Avg. Annual Appreciation
22.48%
Source: Public Records

Range of Values:

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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
Beeler Cory $76,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2012 06/06/12 Sold $76,000 -10.6% --
05/17/2012 05/17/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $85,000 -- --
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 $7,339 $561,900 $0 $0
2024 $5,595 $498,200 $0 $0
2023 $5,350 $384,900 $0 $0
2022 $6,694 $349,200 $0 $0
2021 $6,371 $320,000 $0 $0
2020 $6,328 $323,200 $0 $0
2019 $6,149 $325,300 $0 $0
2018 -- $311,600 $0 $0
2017 -- $294,600 $0 $0
2016 -- $299,000 $0 $0
2015 -- $297,100 $0 $0
2014 -- $194,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1735024

Northern Great Lakes REALTORS® MLS

APN: 004-615-018-00