NOT LISTED FOR SALE

Estimated Value: $257,688 - $350,000

0.19 Acre
$1,549,589 Price per Acre
8,276 Sq Ft Lot

Sale Details

Date Sold: December 16, 2024

Last sale price $320,000 $342 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,931 / mo

106 Days on Market

Highlights

  • Landscaped
  • High Speed Internet
  • Level Lot
  • Central Grade School Rated A-
  • Satellite Dish

About This Lot

As of December 2024

Your Blank Canvas Awaits in the Heart of It All. Nestled in one of the area’s most desirable neighborhoods, this shovel-ready vacant lot offers an unparalleled opportunity to craft the home of your dreams. Spanning an impressive 50 feet wide and 165 feet deep, this 8,292 sq. ft. parcel is a rare find for those seeking space, location, and limitless potential. A lifestyle of convenience is at your doorstep—just a short stroll to both private and public schools, an organic co-op grocery, bustling farmers’ markets, stylish salons, boutique theaters, and an eclectic array of shopping and dining options. The downtown buzz, serene TART trail, and the shimmering bay are all within blocks, making this location truly unmatched. With R-1b zoning, the lot accommodates two structures and offers ample flexibility to create your vision, with generous setbacks and a maximum build height of 35 feet. The home has already been removed, and the site is primed for your masterpiece. Whether you’re envisioning a sleek modern sanctuary or a charming coastal retreat, this is your chance to design a space that reflects your style and captures the essence of a vibrant, walkable community.

Last Agent to Sell the Property

Patrick Lund

Keller Williams Northern Michigan Listed on: 09/01/2024

Keller Williams Northern Michigan

Last Buyer's Agent

Shawn Schmidt Smith

Coldwell Banker Schmidt Traverse City

Coldwell Banker Schmidt Traverse City

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,422

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x165
  • Landscaped
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Community Details

  • Hannah Lay & Co. 2Nd Addition Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,422

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 11W

Exterior Features

  • Exterior Features: Sidewalks, Landscaped
  • Number Of Acres: 0.19
  • Road: Public Maintained, Blacktop

Utilities

  • Utilities Available: Electric, Underground Electric, Natural Gas, Telephone, Cable Tv, Dish Tv, Antenna, Cable Internet, Dsl, Wifi
  • Waste Available: Municipal
  • Water Available: Municipal Water

Association/Amenities

  • Development Name: Hannah Lay & Co. 2nd Addition

Lot Info

  • Land Features: Level, Cleared, Evergreens
  • Lot Dimensions: 50x165
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family, Platted Subdivision, Outbuildings Allowed

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 3978.19
  • Total Taxes: 4422.03
  • Winter Taxes: 443.84
  • Year Winter: 2023

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2025
Sold by
Fish John and Fish Elizabeth
Bought by
Gilbert Lisa and Gilbert Jorge Morato
Current Estimated Value
$294,422

Purchase Details

Listed on
Sep 1, 2024
Closed on
Dec 16, 2024
Sold by
Chiodini James and Chiodini Pam
Bought by
Fish John
Seller's Agent
Patrick Lund
Keller Williams Northern Michigan
Buyer's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traverse City
List Price
$395,000
Sold Price
$320,000
Premium/Discount to List
-$75,000
-18.99%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.30%

Purchase Details

Listed on
Jan 16, 2023
Closed on
Feb 10, 2023
Sold by
Vitkus Jane
Bought by
Chiodini James
Seller's Agent
Bob Brick
REMAX Bayshore - West Shore Dr TC
Buyer's Agent
Patrick Lund
Keller Williams Northern Michigan
List Price
$179,000
Sold Price
$222,000
Premium/Discount to List
$43,000
24.02%
Views
234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gilbert Lisa $285,000 --
Fish John $320,000 --
Chiodini James $222,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2024 12/16/24 Sold $320,000 -8.3% $342 / Sq Ft
12/02/2024 12/02/24 Price Changed $349,000 -6.9% $373 / Sq Ft
10/31/2024 10/31/24 Price Changed $375,000 -5.1% $401 / Sq Ft
09/01/2024 09/01/24 For Sale $395,000 +77.9% $422 / Sq Ft
02/10/2023 02/10/23 Sold $222,000 +24.0% $187 / Sq Ft View Prior Sale
01/28/2023 01/28/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $179,000 -- $151 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $4,306 $90,300 $0 $0
2024 $3,978 $77,500 $0 $0
2023 $5,445 $122,700 $0 $0
2022 $1,688 $126,100 $0 $0
2021 $1,654 $122,700 $0 $0
2020 $1,639 $113,600 $0 $0
2019 $1,633 $105,100 $0 $0
2018 $1,599 $92,600 $0 $0
2017 -- $87,000 $0 $0
2016 -- $80,300 $0 $0
2014 -- $73,500 $0 $0
2012 -- $68,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1926688

Northern Great Lakes REALTORS® MLS

APN: 51-622-005-00

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