NOT LISTED FOR SALE

10642 Shrewbury St Unit 35 Traverse City, MI 49684

North Traverse City Neighborhood

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

0.22 Acre
$446,150 Price per Acre
9,583 Sq Ft Lot

Last Sold August 29, 2023

Last sale price $82,000

Est. 20% increase in value since last sale

Current estimated payment $696/month

127 Days on Market

Highlights

  • Countryside Views
  • High Speed Internet
  • Level Lot
  • Willow Hill Elementary School Rated A-

About This Lot

As of August 2023

Wonderful building site within the popular Morgan Farms Development located just minutes from Downtown Traverse City at the edge of Leelanau County! This mostly cleared parcel has a gentle slope up from the road which offers a variety of easy building options, is situated in a quiet location within a short walk/bike ride to the TART Trail, Hickory Meadows trail access, and the beaches & amenities of Downtown Traverse City! It's becoming hard to find a vacant lot this close to downtown! The association features underground utilities, private roads, and municipal sewer/water. Bring your own builder and begin construction of your new Traverse City dream home!

Last Agent to Sell the Property

Jonathan Oltersdorf

OLTERSDORF REALTY, LLC License #6501319192 Listed on: 04/21/2023

Last Buyer's Agent

Erika Korndorfer

REO-TCRandolph-233022 License #6501379444

REO-TCRandolph-233022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,964

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 125 x 76
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $68 Monthly HOA Fees

Property Views

  • Countryside Views
  • Seasonal Views

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Morgan Farms Community

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$2,964

Lot Details

0

HOA Fees

$68 per month

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: 372727.27
  • Range: R 11W

Exterior Features

  • Exterior Features: Countryside View, Seasonal View
  • Number Of Acres: 0.22
  • Road: Shared, Association, Blacktop, Privately Maintained

Utilities

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

Condo/Co-op/Association

  • Annual Association Fees: 820
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Morgan Farms

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 35
  • Land Features: Level, Sloping, Cleared
  • Lot Dimensions: 125 x 76
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Site Condominium, Deed Restrictions, Bldg & Use 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

Listed on
Apr 21, 2023
Closed on
Aug 29, 2023
Sold by
Okorn James J
Bought by
Chao Ronald
Seller's Agent
Jonathan Oltersdorf
OLTERSDORF REALTY, LLC
Buyer's Agent
Erika Korndorfer
REO-TCRandolph-233022
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Views
103
Current Estimated Value
$98,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,153
Avg. Annual Appreciation
6.88%

Purchase Details

Closed on
Feb 28, 2022
Sold by
Exelon Properties Llc
Bought by
Okorn James J and Okorn Maria R

Purchase Details

Closed on
Dec 3, 2015
Sold by
Bowerman Gary L
Bought by
Exelon Properties Llc

Purchase Details

Closed on
Aug 14, 2013
Sold by
Morgan Farms Development Llc
Bought by
Bowerman Gary L
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
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
08/29/2023 08/29/23 Sold $82,000 -3.5% --
08/26/2023 08/26/23 Pending -- -- --
04/21/2023 04/21/23 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 $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

  • Jonathan Oltersdorf

    Seller's Agent in 2023

    Jonathan Oltersdorf

    OLTERSDORF REALTY, LLC

    (231) 218-0509

    1 in this area

    81 Total Sales

    Jonathan Oltersdorf
    Section Image
  • Erika Korndorfer

    Buyer's Agent in 2023

    Erika Korndorfer

    Real Estate One

    (231) 342-7903

    7 in this area

    48 Total Sales

    Erika Korndorfer
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1910137

Northern Great Lakes REALTORS® MLS

APN: 051-352-035-00

Michigan Leelanau County Traverse City 49684 North Traverse City

10642 Shrewbury St Unit 35, Traverse City, MI

This home is located at 10642 Shrewbury St Unit 35, Traverse City, MI 49684 since 21 April 2023 and is currently estimated at $98,153. 10642 Shrewbury St Unit 35 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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