NOT LISTED FOR SALE

1187 Londolyn Terrace W Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $137,000 - $361,000

0.38 Acre
$717,545 Price per Acre
16,553 Sq Ft Lot

Last Sold June 16, 2021

Last sale price $75,000

Est. 264% increase in value since last sale

Current estimated payment $1,717/month

134 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 191 Feet of Waterfront
  • Sandy Beach
  • Central High School Rated A-
  • Private Dock
  • Lake Privileges

About This Lot

As of June 2021

Beautifully wooded cul-de-sac parcel on Old Mission Peninsula with 191 feet of shared sandy frontage on East Grand Traverse Bay. Peaceful neighborhood approximately 5 miles to Traverse City and close to many recreational activities, restaurants, wineries, farm produce stands. Association fee for beach and dock maintenance is $50/year. Reasonable Building and Use Restrictions-Declaration of Restrictions available under "D" Documents. Parcel stake-surveyed (irons in place) so easy to identify! LISTED BELOW VALUE PROVIDED BY TOWNSHIP! SEV=$54,300! NEW DOCK WITH POSSIBILITY OF ADDITIONAL SLIPS IN THE FUTURE.

Last Agent to Sell the Property

Nancy Albrecht

REO-TCRandolph-233022 License #6506036418 Listed on: 02/02/2021

REO-TCRandolph-233022

Last Buyer's Agent

Kimberly Larkins

REO-TCFront-233021 License #6506045592

REO-TCFront-233021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,781

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 71x174x135x160
  • 191 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Utilities

  • Well
  • Private or Community Septic Tank
  • Cable TV Available

Additional Features

  • Countryside Views
  • Property is near a Great Lake

Community Details

Overview

  • Londolyn Shores Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$2,781

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Shared
  • Section Number: 19
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 197368.42
  • Range: R 10W

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Countryside View
  • Number Of Acres: 0.38
  • Road: Public Maintained, Blacktop, Cul-De-Sac
  • Water Features: All Sports, Sandy Bottom, Great Lake, Public Lake, Private Dock, Sandy Shoreline
  • Waterfront Frontage: 191

Utilities

  • Utilities Available: Cable Tv, Electric, Natural Gas
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Londolyn Shores

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Sloping, Hardwoods, Wooded, Evergreens
  • Lot Dimensions: 71x174x135x160
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Platted Subdivision, Bldg & Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 1987
Current Estimated Value
$272,667
Source: Public Records

Range of Values:

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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
-- $10,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2021 06/16/21 Sold $75,000 0.0% --
06/16/2021 06/16/21 Sold $75,000 -10.7% --
06/16/2021 06/16/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $84,000 +12.0% --
01/01/2021 01/01/21 Off Market $75,000 -- --
07/01/2020 07/01/20 For Sale $84,000 -- --
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 $2,781 $94,500 $0 $0
2024 $2,205 $75,800 $0 $0
2023 $2,105 $54,300 $0 $0
2022 $2,512 $54,800 $0 $0
2021 $687 $54,300 $0 $0
2020 $679 $47,900 $0 $0
2019 $676 $42,000 $0 $0
2018 $1,070 $36,000 $0 $0
2017 -- $36,300 $0 $0
2016 -- $36,300 $0 $0
2014 -- $34,600 $0 $0
2012 -- $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Albrecht

    Seller's Agent in 2021

    Nancy Albrecht

    Real Estate One

    (231) 409-4444

    6 in this area

    42 Total Sales

    Section Image
  • Kimberly Larkins

    Buyer's Agent in 2021

    Kimberly Larkins

    Real Estate One

    (231) 392-4604

    2 in this area

    98 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1883791

Northern Great Lakes REALTORS® MLS

APN: 11-540-014-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

1187 Londolyn Terrace W, Traverse City, MI

This home is located at 1187 Londolyn Terrace W, Traverse City, MI 49686 since 02 February 2021 and is currently estimated at $272,667. 1187 Londolyn Terrace W is a home located in Grand Traverse County with nearby schools including East Middle School, Central High School, and Old Mission Peninsula 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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