NOT LISTED FOR SALE

1600 Lodge Pole Ct Traverse City, MI 49696

Estimated Value: $1,049,000 - $2,902,162

1.37 Acres
$1,442,030 Price per Acre
59,677 Sq Ft Lot

Last Sold November 15, 2017

Last sale price $375,000

Est. 427% increase in value since last sale

Current estimated payment $12,645/month

384 Days on Market

Highlights

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

About This Lot

As of November 2017

The best lakefront parcel in the region is now available. With over 260 feet of sandy beach on all sports Arbutus Lake and over 1.3 acres of woods, this parcel offers amazing lake views and lots of privacy, yet is only minutes from downtown Traverse City. Features include ripple sand beach and your own personal sand dune. This premiere waterfront development is the jewel of the area, featuring estate sized parcels, county roads and a Peninsula setting that offers privacy and convenience. Truly a special lot in a one of a kind development. The build site is cleared and the drive entrance is in, giving you a head start on building your Northern Michigan dream home.

Last Agent to Sell the Property

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917 Listed on: 10/27/2016

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Christine Stapleton

Stapleton Realty License #6504271071

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,567

Lot Details

  • 1.37 Acre Lot
  • Private Waterfront
  • 264 Feet of Waterfront
  • Sandy Beach
  • Sloped Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views
  • Countryside Views

Utilities

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

Community Details

Overview

  • Arbutus Lake Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$22,567

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: 273722.63
  • Range: R 10W

Exterior Features

  • Body Of Water: Arbutus Lake
  • Exterior Features: Countryside View
  • Number Of Acres: 1.37
  • Road: Public Maintained
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, All Sports, Sandy Bottom, Sandy Shoreline
  • Waterfront Frontage: 264

Utilities

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

Association/Amenities

  • Development Name: Arbutus Lake

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Hardwoods, Sloping
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Metes And Bounds, Deed Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2016
Closed on
Nov 15, 2017
Sold by
Gookin Dwight L
Bought by
Merdian Craig A and Zakharova Yelena
Seller's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Christine Stapleton
Stapleton Realty
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Current Estimated Value
$1,975,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,600,581
Avg. Annual Appreciation
23.59%

Purchase Details

Closed on
Jul 2, 2010

Purchase Details

Closed on
Mar 5, 2010

Purchase Details

Closed on
Jul 26, 2006

Purchase Details

Closed on
Jun 20, 2006
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
Merdian Craig A $375,000 --
-- $250,000 --
-- $250,000 --
-- -- --
-- $1,450,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $375,000 -16.7% --
11/15/2017 11/15/17 Pending -- -- --
10/27/2016 10/27/16 For Sale $450,000 -- --
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 $22,567 $1,049,600 $0 $0
2024 $15,189 $971,900 $0 $0
2023 $9,054 $151,800 $0 $0
2022 $5,598 $125,400 $0 $0
2021 $6,764 $151,800 $0 $0
2020 $6,736 $151,800 $0 $0
2019 $6,704 $151,800 $0 $0
2018 $6,545 $145,200 $0 $0
2017 -- $145,200 $0 $0
2016 -- $145,200 $0 $0
2014 -- $145,200 $0 $0
2012 -- $145,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1824892

Northern Great Lakes REALTORS® MLS

APN: 03-109-001-18