NOT LISTED FOR SALE

3159 Arbutus Hill Rd Traverse City, MI 49696

Estimated Value: $294,000 - $509,000

2.5 Acres
$164,835 Price per Acre
108,900 Sq Ft Lot

Last Sold August 29, 2016

Last sale price $70,000

Est. 489% increase in value since last sale

Current estimated payment $2,543/month

3 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Kingsley Area Middle School Rated A-
  • Private Dock
  • 2.5 Acre Lot

About This Lot

As of August 2016

2.5 acres and 218 ft of personal frontage on the Boardman River! A great location to enjoy the river and be a short drive to Traverse City. Paved county maintained road, wooded and mostly level with enough slope for mound septic system. Enjoy!

Last Agent to Sell the Property

Dean Baker

REMAX Bayshore - Union St TC License #6501270204 Listed on: 07/05/2016

REMAX Bayshore - Union St TC

Last Buyer's Agent

Vincent Edwards

Homewaters, LLC License #6501366593

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,627

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 453 x 374 x 193 x 500
  • Private Waterfront
  • 218 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Utilities

  • Underground Utilities
  • Well
  • Mound Septic

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Deeded Waterfront Access Rights
  • River Access
  • Private Dock

Property Details

Property Type

Land

Est. Annual Taxes

$3,627

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Qtr Section: Ne
  • Section Number: 21
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 28000
  • Range: R 10W

Exterior Features

  • Body Of Water: Boardman River
  • Number Of Acres: 2.5
  • Road: Blacktop, Public Maintained
  • Water Features: Priv Frontage (Wtr Side), River, Sandy Bottom, Vegetation To Water Edge, Private Dock
  • Waterfront Frontage: 218

Utilities

  • Utilities Available: Underground Electric
  • Waste Available: Mound System
  • Water Available: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Kingsley Area Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Sloping, Wooded
  • Lot Dimensions: 453 x 374 x 193 x 500
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Agricultural, Metes And Bounds

MLS Schools

  • School District: Kingsley Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2018
Sold by
Ogle William C
Bought by
Krause Betty J
Current Estimated Value
$412,088

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 16, 2016
Seller's Agent
Dean Baker
REMAX Bayshore - Union St TC
Buyer's Agent
Vincent Edwards
Homewaters, LLC
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.27%
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
Krause Betty J $70,000 --
-- $70,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2016 08/29/16 Sold $70,000 -6.7% --
07/08/2016 07/08/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $75,000 -- --
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 $3,627 $177,600 $0 $0
2024 $1,656 $163,800 $0 $0
2023 $1,585 $95,200 $0 $0
2022 $3,286 $142,500 $0 $0
2021 $3,890 $95,200 $0 $0
2020 $1,664 $40,000 $0 $0
2019 $1,691 $40,000 $0 $0
2018 $1,737 $40,000 $0 $0
2017 -- $39,500 $0 $0
2016 -- $44,500 $0 $0
2014 -- $44,400 $0 $0
2012 -- $45,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dean Baker

    Seller's Agent in 2016

    Dean Baker

    RE/MAX Michigan

    (231) 357-9831

    5 in this area

    138 Total Sales

    Dean Baker
    Section Image
  • Vincent Edwards

    Buyer's Agent in 2016

    Vincent Edwards

    Homewaters, LLC

    (231) 715-9037

    47 Total Sales

    Vincent Edwards
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1819690

Northern Great Lakes REALTORS® MLS

APN: 10-121-001-02

Michigan Grand Traverse County Traverse City 49696

3159 Arbutus Hill Rd, Traverse City, MI

This home is located at 3159 Arbutus Hill Rd, Traverse City, MI 49696 since 05 July 2016 and is currently estimated at $412,088. 3159 Arbutus Hill Rd is a home located in Grand Traverse County with nearby schools including Kingsley Area Elementary School, Kingsley Area Middle School, and Kingsley Area 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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