NOT LISTED FOR SALE

1112 Gallery Ct Unit 4 Traverse City, MI 49686

Traverse Heights Neighborhood

Estimated Value: $297,000

0.18 Acre
$1,650,000 Price per Acre
7,841 Sq Ft Lot

Last Sold August 26, 2016

Last sale price $100,000

Est. 197% increase in value since last sale

Current estimated payment $1,901/month

1,925 Days on Market

About This Lot

As of August 2016

This commercial lot is part of a larger PUD located in a high traffic count location of retail/office type businesses. Infrastructure in place, ready for your construction or will build to suit. One of four remaining parcels in modern development available at a great price!

Last Agent to Sell the Property

Mark Eckhoff

Three West, LLC License #6501377842 Listed on: 05/12/2011

Last Buyer's Agent

Kevin Endres

Three West, LLC License #6502377374

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,401

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Galleries On Garfiel Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,401

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 2
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 555555.56
  • Range: R 11W

Exterior Features

  • Exterior Features: Sidewalks, Will Build To Suit
  • Number Of Acres: 0.18
  • Road: Public Maintained

Utilities

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

Association/Amenities

  • Development Name: Galleries on Garfiel

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 4
  • Land Features: Level
  • Lot Dimensions: PUD
  • Zoning Use Restrictions: Commercial, Planned Unit Development

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2011
Closed on
Aug 26, 2016
Seller's Agent
Mark Eckhoff
Three West, LLC
Buyer's Agent
Kevin Endres
Three West, LLC
List Price
$229,000
Sold Price
$100,000
Premium/Discount to List
-$129,000
-56.33%
Current Estimated Value
$297,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,000
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
-- $100,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2016 08/26/16 Sold $100,000 -56.3% --
08/18/2016 08/18/16 Pending -- -- --
05/12/2011 05/12/11 For Sale $229,000 -- --
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 $3,401 $64,800 $0 $0
2024 $3,142 $64,800 $0 $0
2023 $2,948 $59,700 $0 $0
2022 $3,042 $58,800 $0 $0
2021 $2,968 $59,700 $0 $0
2020 $2,936 $57,400 $0 $0
2019 $2,911 $52,500 $0 $0
2018 $2,849 $50,800 $0 $0
2017 -- $50,200 $0 $0
2016 -- $35,400 $0 $0
2014 -- $20,000 $0 $0
2012 -- $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Eckhoff

    Three West, LLC

    Section Image
  • Kevin Endres

    Buyer's Agent in 2016

    Kevin Endres

    Three West, LLC

    (231) 534-5225

    1 in this area

    79 Total Sales

    Kevin Endres
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1726556

Northern Great Lakes REALTORS® MLS

APN: 51-585-004-00

Michigan Grand Traverse County Traverse City 49686 Traverse Heights

1112 Gallery Ct Unit 4, Traverse City, MI

This home is located at 1112 Gallery Ct Unit 4, Traverse City, MI 49686 since 12 May 2011 and is currently priced at $297,000. 1112 Gallery Ct Unit 4 is a home located in Grand Traverse County with nearby schools including Traverse Heights Elementary School, East Middle School, and Central 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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