NOT LISTED FOR SALE

1399 Lodge Pole Ct Unit I Traverse City, MI 49696

Estimated Value: $1,132,000 - $2,484,170

1.45 Acres
$1,146,246 Price per Acre
63,162 Sq Ft Lot

Last Sold September 26, 2017

Last sale price $196,500

Est. 746% increase in value since last sale

Current estimated payment $10,248/month

177 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • 1.45 Acre Lot
  • Central High School Rated A-
  • Sandy Beach
  • Wooded Lot

About This Lot

As of September 2017

Water, trees, wildlife… if a true Northern Michigan lifestyle appeals to you, grab your architect & tour this unique lakefront enclave offering private waterfront sites on the peaceful Arbutus Lake. Generously-sized lots from 1 to nearly 6 acres (13 to choose from) are ideal for a retirement or Up North vacation home, or build a secluded family compound on 40+ acres (8 parcels available). Each lot has a unique size, location on the lake, tree cover & topography with a coordinating pricing structure to match (starting at $150K). Paved roads, quiet cul-de-sacs, rolling hardwoods of Oak, Maple & Pine, buried utilities & thoughtful building restrictions maintain a tasteful, high-end feel to this one-of-a-kind neighborhood. 395 acre Arbutus Lake is comprised of a chain of 5 smaller lakes offering fantastic boating, fishing & kayaking. Just 15 minutes to downtown Traverse City.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 03/07/2017

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 03/07/2017

Coldwell Banker Schmidt Traver

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,307

Lot Details

  • 1.45 Acre Lot
  • Private Waterfront
  • 192 Feet of Waterfront
  • Sandy Beach
  • Lot Has A Rolling Slope
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Water Sports
  • Deeded Waterfront Access Rights
  • Property is near a lake

Property Details

Property Type

Land

Est. Annual Taxes

$14,307

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 9
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 135517.24
  • Range: R 10W

Exterior Features

  • Body Of Water: Arbutus Lake
  • Exterior Features: Will Build To Suit
  • Lake Size: 395 acres
  • Number Of Acres: 1.45
  • Road: Public Maintained, Blacktop
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, All Sports, Sandy Bottom, Vegetation To Water Edge, Public Lake
  • Waterfront Frontage: 192

Utilities

  • Utilities Available: Cable Tv, Cable Internet, Telephone, Underground Electric
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Name: metes & bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: I
  • Deeded Waterfront: Yes
  • Land Features: Rolling, Sloping, Hardwoods, Wooded, Evergreens
  • Lot Dimensions: irregular
  • Zoning Use Restrictions: Residential, Metes And Bounds, Finished Lots, Bldg & Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2017
Closed on
Sep 25, 2017
Sold by
Salon Real Estate Co Llc
Bought by
Absher Michael J and Absher Susan D
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$199,000
Sold Price
$196,500
Premium/Discount to List
-$2,500
-1.26%
Current Estimated Value
$1,662,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,465,557
Avg. Annual Appreciation
30.29%
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
Absher Michael J $196,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2017 09/26/17 Sold $196,500 -1.3% --
08/31/2017 08/31/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $199,000 -- --
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 $14,307 $886,600 $0 $0
2024 $9,630 $785,700 $0 $0
2023 $9,215 $533,800 $0 $0
2022 $12,830 $501,600 $0 $0
2021 $12,384 $533,800 $0 $0
2020 $12,165 $474,000 $0 $0
2019 $5,854 $218,700 $0 $0
2018 $4,120 $91,400 $0 $0
2017 -- $91,400 $0 $0
2016 -- $91,400 $0 $0
2014 -- $91,400 $0 $0
2012 -- $91,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1828628

Northern Great Lakes REALTORS® MLS

APN: 03-109-001-09