NOT LISTED FOR SALE

2783 Shore Wood Dr Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $1,225,000 - $2,646,000

0.71 Acre
$2,928,717 Price per Acre
30,928 Sq Ft Lot

Last Sold November 12, 2014

Last sale price $275,000

Est. 591% increase in value since last sale

Current estimated payment $11,431/month

391 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Level Lot
  • Central High School Rated A-
  • Bay View

About This Lot

As of November 2014

Direct 100 foot waterfront lot located toward the end of Old Mission Peninsula where West Bay widens out & the sunsets are phenomenal. Sandy beach & lake bottom. The lot has already been cleared for a home site, driveway in & survey done. Already completed Perk test approves a traditional septic system. Well on property from previous house. Restaurants, wineries, lighthouse all very close by.

Last Agent to Sell the Property

Marsha Minervini

REMAX Bayshore - Union St TC License #6501278275 Listed on: 09/10/2013

REMAX Bayshore - Union St TC

Last Buyer's Agent

Lou Anne Ford

CENTURY 21 Northland License #6506043339

CENTURY 21 Northland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,372

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 64x306x100x316
  • Private Waterfront
  • 100 Feet of Waterfront
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Bay Views

Utilities

  • Well
  • Private or Community Septic Tank

Community Details

Overview

  • Shorewood Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$12,372

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 28
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 387323.94
  • Range: R 10W

Exterior Features

  • Body Of Water: West Bay
  • Exterior Features: Bay View
  • Number Of Acres: 0.71
  • Road: Gravel
  • Water Features: Priv Frontage (Wtr Side), All Sports, Gradual Slope To Water
  • Waterfront Frontage: 100

Utilities

  • Utilities Available: Electric
  • Waste Available: Private Septic
  • Water Available: Private Well
  • Water Installed: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 500

Association/Amenities

  • Development Name: SHOREWOOD

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 64x306x100x316
  • Zoning Use Restrictions: Residential, Platted Subdivision

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2015
Current Estimated Value
$1,900,989

Purchase Details

Listed on
Sep 10, 2013
Closed on
Nov 12, 2014
Seller's Agent
Marsha Minervini
REMAX Bayshore - Union St TC
Buyer's Agent
Lou Anne Ford
CENTURY 21 Northland
List Price
$375,000
Sold Price
$275,000
Premium/Discount to List
-$100,000
-26.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.64%

Purchase Details

Closed on
Dec 16, 1998

Purchase Details

Closed on
Mar 9, 1998

Purchase Details

Closed on
Aug 13, 1997

Purchase Details

Closed on
May 16, 1997
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
-- -- --
-- $275,000 --
-- $295,000 --
-- $195,000 --
-- $185,000 --
-- $300,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2014 11/12/14 Sold $275,000 -26.7% --
10/06/2014 10/06/14 Pending -- -- --
09/10/2013 09/10/13 For Sale $375,000 -- --
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 $12,372 $785,900 $0 $0
2024 $8,138 $738,400 $0 $0
2023 $7,787 $508,800 $0 $0
2022 $11,147 $527,400 $0 $0
2021 $10,405 $508,800 $0 $0
2020 $10,299 $477,400 $0 $0
2019 $10,354 $456,100 $0 $0
2018 $14,407 $256,800 $0 $0
2017 -- $157,100 $0 $0
2016 -- $166,800 $0 $0
2014 -- $133,700 $0 $0
2012 -- $173,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marsha Minervini

    Seller's Agent in 2014

    Marsha Minervini

    RE/MAX Michigan

    (231) 883-4500

    4 in this area

    76 Total Sales

    Section Image

  • L

    Buyer's Agent in 2014

    Lou Anne Ford

    CENTURY 21 Northland

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1776179

Northern Great Lakes REALTORS® MLS

APN: 11-635-009-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

2783 Shore Wood Dr, Traverse City, MI

This home is located at 2783 Shore Wood Dr, Traverse City, MI 49686 since 10 September 2013 and is currently estimated at $2,079,389. 2783 Shore Wood Dr is a home located in Grand Traverse County with nearby schools including East Middle School and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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