NOT LISTED FOR SALE

Estimated Value: $814,000 - $1,749,000

0.81 Acre
$1,408,136 Price per Acre
35,284 Sq Ft Lot

Last Sold February 13, 2012

Last sale price $35,000

Est. 2,990% increase in value since last sale

Current estimated payment $6,437/month

302 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 160 Feet of Waterfront
  • Bluff on Lot
  • Central High School Rated A-
  • Bay View
  • Level Lot

About This Lot

As of February 2012

This well developed and upscale neighborhood would make a wonderful setting to build your new dream home. Site is open, level and located near cul-de-sac creating a peaceful setting. Water access is just a short walk through the shared common area and offers a sandy beach, large shade trees, boat mooring, Kayak storage and a fire pit. Association dues are very reasonable. Enjoy everything Old Mission Peninsula, East Bay and Traverse City have to offer from this great location.

Last Agent to Sell the Property

Steve Scheppe

Viewpoint Realty License #6502432934 Listed on: 04/12/2011

Last Buyer's Agent

Jonathan Crosby

My Northern Michigan Properties LLC License #6502400964

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,182

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 134x247x231x24x108
  • 160 Feet of Waterfront
  • Bluff on Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Utilities

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

Community Details

Overview

  • Bluewater Bluffs Community

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$6,182

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Shared
  • Section Number: 27
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 43209.88

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Countryside View
  • Number Of Acres: 0.81
  • Road: Public Maintained
  • Water Features: Water View, Rocky Shoreline, Bluff (less Than 10ft)
  • Waterfront Frontage: 160

Utilities

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

Association/Amenities

  • Development Name: Bluewater Bluffs

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 12
  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 134x247x231x24x108
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Platted Subdivision, Deed Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2011
Closed on
Feb 13, 2012
Seller's Agent
Steve Scheppe
Viewpoint Realty
Buyer's Agent
Jonathan Crosby
My Northern Michigan Properties LLC
List Price
$59,900
Sold Price
$35,000
Premium/Discount to List
-$24,900
-41.57%
Current Estimated Value
$1,081,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,046,467
Avg. Annual Appreciation
27.78%

Purchase Details

Closed on
Dec 16, 1992
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
-- $35,000 --
-- $35,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2012 02/13/12 Sold $35,000 -41.6% --
02/08/2012 02/08/12 Pending -- -- --
04/12/2011 04/12/11 For Sale $59,900 -- --
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 $6,182 $404,800 $0 $0
2024 $4,067 $387,700 $0 $0
2023 $3,891 $251,400 $0 $0
2022 $5,570 $283,300 $0 $0
2021 $5,199 $251,400 $0 $0
2020 $5,147 $246,900 $0 $0
2019 $5,174 $214,200 $0 $0
2018 $6,927 $187,400 $0 $0
2017 -- $181,800 $0 $0
2016 -- $183,500 $0 $0
2014 -- $175,500 $0 $0
2012 -- $24,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1725380

Northern Great Lakes REALTORS® MLS

APN: 11-420-012-00