NOT LISTED FOR SALE

2858 Bass Bay Ct Unit G Traverse City, MI 49696

Estimated Value: $957,000 - $1,688,285

1.86 Acres
$700,845 Price per Acre
81,022 Sq Ft Lot

Last Sold December 10, 2018

Last sale price $220,000

Est. 493% increase in value since last sale

Current estimated payment $8,164/month

290 Days on Market

Highlights

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

About This Lot

As of December 2018

Water, trees, wildlife… if a true Northern Michigan lifestyle appeals to you, grab your architect & tour this unique lakefront enclave offering private waterfront sites on peaceful Arbutus Lake. Generously-sized lots from 1 to nearly 6 acres (many to choose from) are ideal for a retirement or Up North vacation home, or build a secluded family compound on 40+ acres (8 parcels available). Each lot has a unique size, location on the lake, tree cover & topography with a coordinating pricing structure to match (this listing is for lot G). Paved roads, quiet cul-de-sacs, rolling hardwoods of Oak, Maple & Pine, buried utilities & thoughtful building restrictions maintain a tasteful, high-end feel to this one-of-a-kind neighborhood. 395 acre Arbutus Lake is comprised of a chain of 5 smaller lakes offering fantastic boating, fishing & kayaking. Just 15 minutes to downtown Traverse City. See virtual tour link for aerial video.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 02/20/2018

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Lynette Priest

REO-TCRandolph-233022 License #6501377648

REO-TCRandolph-233022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,732

Lot Details

  • 1.86 Acre Lot
  • Private Waterfront
  • 398 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

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

Property Details

Property Type

Land

Est. Annual Taxes

$12,732

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 118279.57
  • Range: R 10W

Exterior Features

  • Body Of Water: Arbutus Lake
  • Exterior Features: Will Build To Suit
  • Lake Size: 395 acres
  • Number Of Acres: 1.86
  • Road: Public Maintained, Blacktop, Cul-De-Sac
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, All Sports, Sandy Bottom, Vegetation To Water Edge, Public Lake
  • Waterfront Frontage: 398

Utilities

  • Utilities Available: Cable Tv, Dsl, Cable Internet, Telephone, Underground Electric
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Name: metes & bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: G
  • Deeded Waterfront: Yes
  • Land Features: Rolling, Sloping, Hardwoods, Wooded, Evergreens
  • Lot Dimensions: irregular
  • Zoning Use Restrictions: Residential, Metes And Bounds, Finished Lots, Bldg & Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2018
Closed on
Dec 7, 2018
Sold by
Salon Real Estate Co Llc
Bought by
Ratner Patricia
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Lynette Priest
REO-TCRandolph-233022
List Price
$224,000
Sold Price
$220,000
Premium/Discount to List
-$4,000
-1.79%
Current Estimated Value
$1,303,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,083,571
Avg. Annual Appreciation
28.83%
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
Ratner Patricia $220,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2018 12/10/18 Sold $220,000 -1.8% --
12/07/2018 12/07/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $224,000 -- --
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 $12,732 $745,100 $0 $0
2024 $8,570 $664,200 $0 $0
2023 $8,200 $457,300 $0 $0
2022 $11,418 $428,600 $0 $0
2021 $11,645 $457,300 $0 $0
2020 $9,283 $208,800 $0 $0
2019 $6,692 $148,400 $0 $0
2018 $2,203 $148,400 $0 $0
2017 -- $148,400 $0 $0
2016 -- $169,300 $0 $0
2014 -- $169,300 $0 $0
2012 -- $219,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1842869

Northern Great Lakes REALTORS® MLS

APN: 03-109-001-07