NOT LISTED FOR SALE

Estimated Value: $520,000 - $2,451,000

1.09 Acres
$1,511,741 Price per Acre
47,480 Sq Ft Lot

Last Sold September 28, 2018

Last sale price $1,325,000

Est. 24% increase in value since last sale

Current estimated payment $11,689/month

80 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Bay View
  • Central High School Rated A-
  • Sandy Beach
  • Wooded Lot

About This Lot

As of September 2018

Hands down, this Old Mission Peninsula property is the most premiere piece of waterfront in greater Traverse City, and arguably, the region. If you're considering the substantial investment of building a premium home, make sure you do that on a parcel of land that will protect that investment. With 143 feet of pristine Bowers Harbor frontage, a gorgeous beachfront with stunning views, over an acre of woods, and frontage on the quiet and quaint Neahtawanta Road, this property supplies the perfect balance of privacy and amenity. Neahtawanta Road is not heavily traveled, and is a dead end road - vacant property is very rare on this stretch of waterfront. Bowers Harbor offers an opportunity to protect your boats from the elements, as this property is on the North side and faces directly South. With Southern sun exposure, it's the perfect setup to catch as much summer sun as possible, and all year round. This is unlike any vacant waterfront properties available! It's a short walk to the park, Bowers Harbor Winery, and one of the best restaurants in the State of Michigan - Boathouse Restaurant. Less than a 5 minute car ride can take you to the Peninsula Market and Grocery, other great restaurants, and multiple award-winning wineries. And, within 20 minutes along Peninsula Drive, one can explore all of Traverse City. This is a must see for the distinguished buyer looking for a once-in-a-lifetime opportunity to build the perfect home on the perfect lot.

Last Agent to Sell the Property

Blake Bernard

REO-TCRandolph-233022 License #6501380347 Listed on: 07/02/2018

REO-TCRandolph-233022

Last Buyer's Agent

Blake Bernard

REO-TCRandolph-233022 License #6501380347 Listed on: 07/02/2018

REO-TCRandolph-233022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,521

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 143 x 344
  • Private Waterfront
  • 143 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Utilities

  • Well
  • Private or Community Septic Tank
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Bay Views
  • Property is near a Great Lake

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Property is near a lake

Property Details

Property Type

Land

Est. Annual Taxes

$32,521

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 99
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 1215596.33
  • Range: R 11W

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Bay View
  • Number Of Acres: 1.09
  • Road: Public Maintained, Concrete
  • Water Features: Priv Frontage (Wtr Side), Water View, All Sports, Sandy Bottom, Great Lake, Public Lake, Stony Bottom, Sandy Shoreline
  • Waterfront Frontage: 143

Utilities

  • Utilities Available: Cable Tv, Dsl, Electric, Cable Internet, Natural Gas, Dish Tv
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Name: metes and bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Hardwoods, Cleared, Wooded
  • Lot Dimensions: 143 x 344
  • 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
Jul 2, 2018
Closed on
Sep 27, 2018
Sold by
Dean Huesdash
Bought by
Benz Matthew and Benz Erika
Seller's Agent
Blake Bernard
REO-TCRandolph-233022
Buyer's Agent
Blake Bernard
REO-TCRandolph-233022
List Price
$1,375,000
Sold Price
$1,325,000
Premium/Discount to List
-$50,000
-3.64%
Current Estimated Value
$1,647,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,798
Avg. Annual Appreciation
3.58%

Purchase Details

Closed on
Jun 30, 2010

Purchase Details

Closed on
Oct 9, 2009

Purchase Details

Closed on
Aug 10, 2006
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
Benz Matthew $1,325,000 --
-- -- --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $1,325,000 -3.6% --
07/02/2018 07/02/18 For Sale $1,375,000 -- --
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 $32,521 $1,778,600 $0 $0
2024 $25,787 $794,400 $0 $0
2023 $24,182 $659,800 $0 $0
2022 $28,859 $700,400 $0 $0
2021 $27,223 $659,800 $0 $0
2020 $26,908 $610,900 $0 $0
2019 $26,791 $589,800 $0 $0
2018 $33,421 $490,000 $0 $0
2017 -- $465,500 $0 $0
2016 -- $440,800 $0 $0
2014 -- $475,300 $0 $0
2012 -- $500,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1849272

Northern Great Lakes REALTORS® MLS

APN: 11-121-035-00