NOT LISTED FOR SALE

2569 N Three Mile Rd Traverse City, MI 49686

Estimated Value: $106,000 - $114,192

1.5 Acres
$73,397 Price per Acre
65,340 Sq Ft Lot

Last Sold October 11, 2019

Last sale price $59,995

Est. 80% increase in value since last sale

Current estimated payment $642/month

108 Days on Market

Highlights

  • 1.5 Acre Lot
  • Countryside Views
  • High Speed Internet
  • Central High School Rated A-
  • Wooded Lot
  • Level Lot

About This Lot

As of October 2019

This is a spectacular lot on 3 mile road with tons of opportunities! Zone High Density Residential. You can put anywhere from 1 to 12 units on this 1.5 acres. Apartments, Condos, Multiple units of any kind for personal or investment use. Municipal Water & Sewer, Electric, Natural Gas, Cable, Internet all at the street. Everything that anyone desires. In today's hot rental and condo market this is a dream property because zoning already allows this use. All that is needed is to draw up plans for the township to approve! Make sure you don't miss out on this unique opportunity!

Last Agent to Sell the Property

Dewayne Kirkman

REO-TCRandolph-233022 License #6506042472 Listed on: 04/30/2019

REO-TCRandolph-233022

Last Buyer's Agent

Jason Elsenheimer

Coldwell Banker Schmidt Traver License #6502132541

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $604

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 400x150x402x159
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Countryside Views

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • Meets&Bounds Community

Property Details

Property Type

Land

Est. Annual Taxes

$604

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 19
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 39996.67
  • Range: R 10W

Exterior Features

  • Exterior Features: Countryside View
  • Number Of Acres: 1.5
  • Road: Public Maintained

Utilities

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

Association/Amenities

  • Development Name: Meets&Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level, Rolling, Cleared, Wooded, Evergreens
  • Lot Dimensions: 400X150X402X159
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Metes And Bounds

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Oct 11, 2019
Sold by
Dulac Marc
Bought by
Newton Lee
Seller's Agent
Dewayne Kirkman
REO-TCRandolph-233022
Buyer's Agent
Jason Elsenheimer
Coldwell Banker Schmidt Traver
List Price
$59,995
Sold Price
$59,995
Current Estimated Value
$108,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,183
Avg. Annual Appreciation
10.94%

Purchase Details

Closed on
Jan 26, 2016

Purchase Details

Closed on
Jan 25, 2016

Purchase Details

Closed on
Sep 22, 2015

Purchase Details

Closed on
Jul 13, 2015

Purchase Details

Closed on
Mar 3, 2014

Purchase Details

Listed on
May 15, 2012
Closed on
Nov 22, 2013
Seller's Agent
Matthew Dakoske
REMAX Bayshore - Union St TC
Buyer's Agent
Judy Curtice-Porter
REO-TCRandolph-233022
List Price
$259,900
Sold Price
$120,000
Premium/Discount to List
-$139,900
-53.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.73%

Purchase Details

Closed on
May 7, 2012

Purchase Details

Closed on
Nov 12, 2004

Purchase Details

Closed on
Sep 15, 1999
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
Newton Lee $59,995 --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- $120,000 --
-- -- --
-- $98,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $59,995 0.0% --
04/30/2019 04/30/19 For Sale $59,995 -50.0% --
11/22/2013 11/22/13 Sold $120,000 -53.8% --
09/23/2013 09/23/13 Pending -- -- --
05/15/2012 05/15/12 For Sale $259,900 -- --
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 $604 $24,200 $0 $0
2024 $486 $24,200 $0 $0
2023 $464 $11,800 $0 $0
2022 $544 $14,700 $0 $0
2021 $526 $11,800 $0 $0
2020 $525 $11,800 $0 $0
2019 $532 $11,800 $0 $0
2018 $532 $11,800 $0 $0
2017 -- $11,800 $0 $0
2016 -- $11,800 $0 $0
2014 -- $11,800 $0 $0
2012 -- $12,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1860193

Northern Great Lakes REALTORS® MLS

APN: 03-219-004-00