NOT LISTED FOR SALE

2737 Ruby St Unit 50 Traverse City, MI 49684

Estimated Value: $67,000 - $316,000

0.06 Acre
$3,005,550 Price per Acre
2,614 Sq Ft Lot

Last Sold November 20, 2023

Last sale price $25,000

Est. 621% increase in value since last sale

Current estimated payment $1,346/month

938 Days on Market

Highlights

  • Corner Lot
  • Central High School Rated A-
  • High Speed Internet

About This Lot

As of November 2023

Amazing Traverse City location is truly what will be found in Emerald Hills! There is a private gate for owners to nearby shopping & restaurants, plus a great location in T.C.! Development features include, underground utilities, natural gas service, cable, phone and municipal water & sewer hookup. Bring your own builder or builder available. All building and structures must conform and comply to other buildings and structures.

Last Agent to Sell the Property

Linda Schaub

REO-TCRandolph-233022 License #6501290614 Listed on: 03/31/2021

REO-TCRandolph-233022

Last Buyer's Agent

Gary Florip

Lakeview Realty & Rental Mgmt License #6501292846

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,377

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 50x50
  • Corner Lot
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $275 Monthly HOA Fees

Utilities

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

Community Details

Overview

  • Emerald Hills Community

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$1,377

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 22
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 416666.67
  • Range: R 11W

Exterior Features

  • Number Of Acres: 0.06
  • Road: Association, Blacktop, Privately Maintained

Utilities

  • Utilities Available: Underground Electric, Natural Gas, Telephone, Cable Tv, Cable Internet
  • Waste Available: Municipal
  • Waste Installed: Municipal
  • Water Available: Municipal Water
  • Water Installed: Municipal

Condo/Co-op/Association

  • Annual Association Fees: 3300
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Emerald Hills

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 50
  • Land Features: Level, Corner Lot
  • Lot Dimensions: 50x50
  • Zoning Use Restrictions: Residential, Site Condominium, Deed Restrictions, Bldg & Use Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
Nov 14, 2023
Sold by
Land Equity Llc
Bought by
L I G T Sailing Llc
Seller's Agent
Linda Schaub
REO-TCRandolph-233022
Buyer's Agent
Gary Florip
Lakeview Realty & Rental Mgmt
List Price
$40,000
Sold Price
$25,000
Premium/Discount to List
-$15,000
-37.5%
Views
350
Current Estimated Value
$180,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,333
Avg. Annual Appreciation
186.06%

Purchase Details

Closed on
May 13, 2003

Purchase Details

Closed on
Feb 27, 2003

Purchase Details

Closed on
Jan 8, 2002
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
L I G T Sailing Llc $50,000 --
-- -- --
-- $520,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $25,000 -44.4% --
05/02/2023 05/02/23 Price Changed $45,000 +12.5% --
03/31/2021 03/31/21 For Sale $40,000 -- --
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 $1,377 $42,500 $0 $0
2024 $1,109 $30,700 $0 $0
2023 $337 $26,800 $0 $0
2022 $518 $24,500 $0 $0
2021 $507 $26,800 $0 $0
2020 $460 $17,800 $0 $0
2019 $380 $18,200 $0 $0
2018 $0 $18,900 $0 $0
2017 -- $17,500 $0 $0
2016 -- $12,500 $0 $0
2014 -- $12,500 $0 $0
2012 -- $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1885568

Northern Great Lakes REALTORS® MLS

APN: 05-114-050-00