NOT LISTED FOR SALE

Estimated Value: $1,262,000 - $1,420,733

2.66 Acres
$513,250 Price per Acre
115,870 Sq Ft Lot

Last Sold March 12, 2021

Last sale price $171,000

Est. 698% increase in value since last sale

Current estimated payment $10,098/month

22 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 282 Feet of Waterfront
  • Sandy Beach
  • Central High School Rated A-
  • Private Dock
  • Bay View

About This Lot

As of March 2021

Views of East Bay! This 2.66 acre parcel features a private setting with shared access to beautiful East Bay. (deeded hoist privileges included in sale price) Located just 10 minutes from downtown, Eagles Landing is one of the most desirable developments on Old Mission Peninsula. Dave Whiteford is the builder/architect for this lot, and you will not be disappointed with quality and excellence he has a reputation for. This lot does allow for a secondary out building.

Last Agent to Sell the Property

Bridget Carefoot

CENTURY 21 Northland License #6501317056 Listed on: 01/11/2021

CENTURY 21 Northland

Last Buyer's Agent

Bridget Carefoot

CENTURY 21 Northland License #6501317056 Listed on: 01/11/2021

CENTURY 21 Northland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $31,913

Lot Details

  • 2.66 Acre Lot
  • 282 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Location

  • Property is near a Great Lake

Schools

  • Old Mission Peninsula Elementary School
  • Traverse City East Middle School
  • Central High School

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank
  • Wi-Fi Available
  • Cable TV Available

Community Details

Overview

  • Eagles Landing Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Private Dock
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$31,913

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 64285.71
  • Range: R 10W

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, Countryside View
  • Number Of Acres: 2.66
  • Road: Public Maintained, Gravel
  • Water Features: All Sports, Sandy Bottom, Bluff (greater Than 10ft), Great Lake, Private Dock
  • Waterfront Frontage: 282

Utilities

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

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Eagles Landing

Schools

  • School District: Traverse City Area Public Schools
  • Elementary School: Old Mission Peninsula School
  • Middle School: Traverse City East Middle School
  • High School: Central High School

Lot Info

  • Assessment: Yes
  • Deeded Waterfront: Yes
  • Land Features: Sloping, Wooded
  • Lot Dimensions: irregular
  • Zoning Use Restrictions: Site Condominium, Deed Restrictions

MLS Schools

  • Elementary School: Old Mission Peninsula School
  • HighSchool: Central High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City East Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
Mar 12, 2021
Sold by
Rumsas Edward J and Rumsas Olga
Bought by
Pearson Jerry W and Pearson Janice A
Seller's Agent
Bridget Carefoot
CENTURY 21 Northland
Buyer's Agent
Bridget Carefoot
CENTURY 21 Northland
List Price
$185,000
Sold Price
$171,000
Premium/Discount to List
-$14,000
-7.57%
Current Estimated Value
$1,365,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,194,244
Avg. Annual Appreciation
60.33%

Purchase Details

Listed on
Jun 30, 2017
Closed on
Nov 20, 2017
Sold by
Bruce Siddall
Bought by
Rumsas Edward J and Rumsas Olga
Seller's Agent
Bridget Carefoot
CENTURY 21 Northland
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$139,900
Sold Price
$124,900
Premium/Discount to List
-$15,000
-10.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Mar 22, 2007

Purchase Details

Closed on
Nov 1, 2006
Source: Public Records

Range of Values:

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Average Value
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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
Pearson Jerry W $171,000 --
Rumsas Edward J $124,900 --
-- -- --
-- $150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $171,000 -7.6% --
01/11/2021 01/11/21 For Sale $185,000 +48.1% --
11/20/2017 11/20/17 Sold $124,900 -10.7% --
06/30/2017 06/30/17 For Sale $139,900 -- --
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 $31,913 $671,600 $0 $0
2024 $25,306 $695,500 $0 $0
2023 $4,141 $87,500 $0 $0
2022 $4,043 $88,200 $0 $0
2021 $2,797 $87,500 $0 $0
2020 $2,765 $69,600 $0 $0
2019 $2,753 $60,600 $0 $0
2018 $4,460 $60,600 $0 $0
2017 -- $66,900 $0 $0
2016 -- $66,900 $0 $0
2014 -- $61,000 $0 $0
2012 -- $66,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1883157

Northern Great Lakes REALTORS® MLS

APN: 11-477-029-00