NOT LISTED FOR SALE

Estimated Value: $755,038 - $781,000

0.59 Acre
$1,293,237 Price per Acre
25,700 Sq Ft Lot

Last Sold September 04, 2019

Last sale price $81,500

Est. 878% increase in value since last sale

Current estimated payment $5,124/month

171 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 194 Feet of Waterfront
  • Level Lot
  • Central High School Rated A-
  • Sandy Beach

About This Lot

As of September 2019

Harbor Reach wooded lot with 194ft. shared access on West GT Bay. Lot features hardwoods, underground electric, natural gas. The beach front is sandy with firm sandy lake bottom, dock and parking lot. Shore stations allowed. Quiet neighborhood, close to restaurants and wineries.

Last Agent to Sell the Property

Debra Hall

REO-TCRandolph-233022 License #6501300274 Listed on: 03/09/2019

REO-TCRandolph-233022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,617

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 111 x 223
  • 194 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $4 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank

Community Details

Overview

  • Harbor Reach Community

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$8,617

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Shared
  • Section Number: 28
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 138135.59
  • Range: R 10W

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Number Of Acres: 0.59
  • Road: Public Maintained, Blacktop
  • Water Features: Sandy Bottom, Sandy Shoreline
  • Waterfront Frontage: 194

Utilities

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

Condo/Co-op/Association

  • Annual Association Fees: 50
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Community Dock
  • Development Name: Harbor Reach

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 16
  • Deeded Waterfront: Yes
  • Land Features: Level, Hardwoods
  • Lot Dimensions: 111 X 223
  • Zoning Use Restrictions: Platted Subdivision, Parking Lot

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2019
Closed on
Sep 3, 2019
Sold by
Kellett Bradley C
Bought by
Covington Adam and Covington Kathryn
Seller's Agent
Debra Hall
REO-TCRandolph-233022
List Price
$80,000
Sold Price
$81,500
Premium/Discount to List
$1,500
1.88%
Current Estimated Value
$796,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$715,465
Avg. Annual Appreciation
45.69%

Purchase Details

Closed on
Apr 1, 2015

Purchase Details

Closed on
Jul 18, 1995

Purchase Details

Closed on
Apr 27, 1990
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
Covington Adam $81,500 --
-- -- --
-- -- --
-- $23,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $81,500 +1.9% --
08/27/2019 08/27/19 Pending -- -- --
03/09/2019 03/09/19 For Sale $80,000 -- --
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 $8,617 $278,300 $0 $0
2024 $6,833 $256,500 $0 $0
2023 $6,523 $45,500 $0 $0
2022 $2,218 $55,000 $0 $0
2021 $1,984 $45,500 $0 $0
2020 $1,961 $43,800 $0 $0
2019 $937 $34,800 $0 $0
2018 $1,483 $36,400 $0 $0
2017 -- $34,100 $0 $0
2016 -- $24,000 $0 $0
2014 -- $19,500 $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: 1857848

Northern Great Lakes REALTORS® MLS

APN: 11-491-016-00