NOT LISTED FOR SALE

10642 Shrewbury Rd Traverse City, MI 49684

North Traverse City Neighborhood

Estimated Value: $87,000 - $107,000

0.25 Acre
$392,612 Price per Acre
10,890 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $77,500

Est. 27% increase in value since last sale

Current estimated payment $628/month

356 Days on Market

About This Lot

As of February 2022

You just found your new home on Traverse City's West side! The last large build-able lot in Morgan Farms. This lot is very near walking trails, the hospital, shopping, restaurants, wineries, Elmwood Township Marina & a 3 minute walk to downtown. The design in the photos here are available by the Seller as designed by Socks Construction or you can use your own builder. As the lot sits now there is no bay view, however, once you build your home here you could have a view of the bay!

Last Agent to Sell the Property

Rene Hills

REO-TCFront-233021 License #6506047677 Listed on: 02/23/2021

REO-TCFront-233021

Last Buyer's Agent

Victoria Oltersdorf

OLTERSDORF REALTY, LLC License #6502340603

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,964

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 125x80x125x80
  • Sloped Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Utilities

  • Underground Utilities

Community Details

  • Morgan Farms Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,964

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 33
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 310000
  • Range: R 11W

Exterior Features

  • Number Of Acres: 0.25
  • Road: Association, Blacktop, Privately Maintained

Utilities

  • Utilities Available: Natural Gas, Underground Electric
  • Waste Available: Municipal
  • Waste Installed: Municipal
  • Water Available: Municipal Water
  • Water Installed: Municipal

Association/Amenities

  • Development Name: Morgan Farms

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Sloping, Cleared
  • Lot Dimensions: 125x80x125x80
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Deed Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Okorn James J
Bought by
Chao Ronald
Current Estimated Value
$98,153

Purchase Details

Listed on
Feb 23, 2021
Closed on
Feb 28, 2022
Sold by
Exelon Properties Llc
Bought by
Okorn James J and Okorn Maria R
Seller's Agent
Rene Hills
REO-TCFront-233021
Buyer's Agent
Victoria Oltersdorf
OLTERSDORF REALTY, LLC
List Price
$85,000
Sold Price
$77,500
Premium/Discount to List
-$7,500
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Listed on
May 8, 2015
Closed on
Dec 3, 2015
Sold by
Bowerman Gary L
Bought by
Exelon Properties Llc
Seller's Agent
Bill Stireman
Coldwell Banker Schmidt Traver
Buyer's Agent
Andy Stireman
Coldwell Banker Schmidt Traver
List Price
$59,900
Sold Price
$50,750
Premium/Discount to List
-$9,150
-15.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%

Purchase Details

Listed on
Sep 17, 2012
Closed on
Aug 14, 2013
Sold by
Morgan Farms Development Llc
Bought by
Bowerman Gary L
Seller's Agent
Christine Ellis
Morgan Realty
Buyer's Agent
Bill Stireman
Coldwell Banker Schmidt Traver
List Price
$55,000
Sold Price
$41,500
Premium/Discount to List
-$13,500
-24.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Source: Public Records

Range of Values:

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
Chao Ronald $82,000 --
Okorn James J $77,500 --
Exelon Properties Llc $50,750 --
Bowerman Gary L $41,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $77,500 -8.8% --
02/23/2021 02/23/21 For Sale $85,000 +67.5% --
12/03/2015 12/03/15 Sold $50,750 -15.3% --
11/19/2015 11/19/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $59,900 +44.3% --
08/28/2013 08/28/13 Sold $41,500 -24.5% --
07/11/2013 07/11/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $55,000 -- --
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 $2,964 $61,500 $0 $0
2024 $2,824 $57,700 $0 $0
2023 $2,018 $41,900 $0 $0
2022 $1,890 $41,900 $0 $0
2021 $1,756 $41,900 $0 $0
2020 $1,823 $40,800 $0 $0
2019 $1,780 $38,200 $0 $0
2018 -- $34,200 $0 $0
2017 -- $34,200 $0 $0
2016 -- $28,000 $0 $0
2015 -- $25,800 $0 $0
2014 -- $32,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2022

    Rene Hills

    Real Estate One

    (231) 429-2936

    1 in this area

    105 Total Sales

    Rene Hills
    Section Image
  • Victoria Oltersdorf

    Buyer's Agent in 2022

    Victoria Oltersdorf

    OLTERSDORF REALTY, LLC

    (231) 271-7777

    6 in this area

    104 Total Sales

    Victoria Oltersdorf
    Section Image
  • Bill Stireman

    Seller's Agent in 2015

    Bill Stireman

    Coldwell Banker Schmidt Traver

    (231) 357-9231

    3 in this area

    138 Total Sales

    Bill Stireman
    Section Image
  • Andy Stireman

    Buyer's Agent in 2015

    Andy Stireman

    Coldwell Banker Schmidt Traver

    (231) 883-1361

    3 Total Sales

    Andy Stireman
    Section Image

  • C

    Seller's Agent in 2013

    Christine Ellis

    Morgan Realty

    (231) 534-0326

    11 in this area

    16 Total Sales

    Christine Ellis
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1884385

Northern Great Lakes REALTORS® MLS

APN: 051-352-035-00

Michigan Leelanau County Traverse City 49684 North Traverse City

10642 Shrewbury Rd, Traverse City, MI

This home is located at 10642 Shrewbury Rd, Traverse City, MI 49684 since 23 February 2021 and is currently estimated at $98,153. 10642 Shrewbury Rd is a home located in Leelanau County with nearby schools including Willow Hill Elementary School, West Middle School, and West Senior High School.

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.

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.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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