NOT LISTED FOR SALE

324 W Sixteenth St Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $691,000 - $887,355

0.18 Acre
$4,329,661 Price per Acre
7,841 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $148,000

Est. 427% increase in value since last sale

Current estimated payment $5,159/month

7 Days on Market

About This Lot

As of January 2022

Beautiful vacant lot in lovely downtown Traverse City neighborhood, ready for your dream home! Existing 2 car garage on the alley side of the lot. Great location in the SoFo neighborhood (South of Fourteenth) of downtown Traverse City. The TART Trail and Boardman Lake are a couple of blocks away, and there is a neighborhood grocery stores (Tom's), Right Brain Brewing, and Common Good Bakery all within walking distance! Plus the restaurants, shops and beaches near Front Street are all just a one mile walk/bike ride away. Multiple luxury home sales in this neighborhood in the past year. City water and sewer available. Lot lines portrayed in photos are an estimate - buyer to verify all information.

Last Agent to Sell the Property

Carly Petrucci

Coldwell Banker Schmidt Traver License #6501377360 Listed on: 10/06/2021

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Jamie Grace

CENTURY 21 Northland License #6501371829

CENTURY 21 Northland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,942

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 47x165
  • Cleared Lot
  • The community has rules related to zoning restrictions

Parking

  • Garage

Utilities

  • Wi-Fi Available

Property Details

Property Type

Land

Est. Annual Taxes

$10,942

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 11
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 822222.22
  • Range: R 11W

Exterior Features

  • Exterior Features: Sidewalks, Garage(s)
  • Number Of Acres: 0.18
  • Road: Public Maintained, Blacktop

Utilities

  • Utilities Available: Electric, Natural Gas, Wifi
  • Waste Available: Municipal
  • Water Available: Municipal Water

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Cleared
  • Lot Dimensions: 47X165
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Metes And Bounds

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

Closed on
Jul 23, 2014
Current Estimated Value
$779,339
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
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $148,000 -1.3% --
10/06/2021 10/06/21 For Sale $150,000 -- --
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 $10,942 $382,400 $0 $0
2024 $9,706 $337,700 $0 $0
2023 $8,949 $60,500 $0 $0
2022 $2,233 $59,500 $0 $0
2021 $2,179 $60,500 $0 $0
2020 $2,155 $52,700 $0 $0
2019 $2,137 $49,500 $0 $0
2018 $2,091 $41,000 $0 $0
2017 -- $37,800 $0 $0
2016 -- $36,200 $0 $0
2014 -- $30,600 $0 $0
2012 -- $25,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Carly Petrucci

    Coldwell Banker Schmidt Traver

    (231) 649-3137

    3 in this area

    122 Total Sales

    Carly Petrucci
    Section Image
  • Jamie Grace

    Buyer's Agent in 2022

    Jamie Grace

    CENTURY 21 Northland

    (231) 629-0623

    4 in this area

    85 Total Sales

    Jamie Grace
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1893813

Northern Great Lakes REALTORS® MLS

APN: 51-574-021-00

Michigan Grand Traverse County Traverse City 49684 South Traverse City

324 W Sixteenth St, Traverse City, MI

This home is located at 324 W Sixteenth St, Traverse City, MI 49684 since 06 October 2021 and is currently estimated at $779,339. 324 W Sixteenth St is a home located in Grand Traverse County with nearby schools including Central Grade School, 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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