NOT LISTED FOR SALE

375 Rasho Rd Traverse City, MI 49696

Estimated Value: $594,000 - $808,000

1.02 Acres
$702,638 Price per Acre
44,431 Sq Ft Lot

Last Sold June 11, 2014

Last sale price $59,500

Est. 1,105% increase in value since last sale

Current estimated payment $4,206/month

231 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Bluff on Lot
  • Courtade Elementary School Rated A-
  • 1.02 Acre Lot
  • Level Lot

About This Lot

As of June 2014

Spring fed lake. This beautiful wooded parcel offers privacy and a wonderful site for a custom designed walk-out home. It is in an area of up scale homes. 130 ft of waterfront on a cove for beautiful views. Nice elevation for a walk out lower level. South and westerly views. Room for a pole barn too! Parcel A survey under associated docs "Click green D"

Last Agent to Sell the Property

Sue Kelly

REO-TCFront-233021 License #6506036311 Listed on: 09/19/2013

REO-TCFront-233021

Last Buyer's Agent

Sue Kelly

REO-TCFront-233021 License #6506036311 Listed on: 09/19/2013

REO-TCFront-233021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,226

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 158 x 280
  • Private Waterfront
  • 130 Feet of Waterfront
  • Property fronts an easement
  • Bluff on Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views

Utilities

  • Well
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$5,226

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 34
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 58333.33
  • Range: R 10W

Exterior Features

  • Body Of Water: Tibbets Lake
  • Number Of Acres: 1.02
  • Road: Public Maintained, Easement
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Gradual Slope To Water, Bluff (less Than 10ft), Vegetation To Water Edge
  • Waterfront Frontage: 130

Utilities

  • Utilities Available: Cable Tv, Electric, Natural Gas, Telephone
  • 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, Sloping, Hardwoods
  • Lot Dimensions: 158 x 280
  • Percent Wooded: 98
  • Zoning Use Restrictions: Residential, Forest/Recreational, Metes And Bounds

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2013
Closed on
Jun 10, 2014
Seller's Agent
Sue Kelly
REO-TCFront-233021
Buyer's Agent
Sue Kelly
REO-TCFront-233021
List Price
$59,500
Sold Price
$59,500
Current Estimated Value
$716,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$657,191
Avg. Annual Appreciation
24.42%
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
-- $59,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2014 06/11/14 Sold $59,500 0.0% --
05/08/2014 05/08/14 Pending -- -- --
09/19/2013 09/19/13 For Sale $59,500 -- --
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 $5,226 $361,900 $0 $0
2024 $3,517 $327,000 $0 $0
2023 $3,366 $203,400 $0 $0
2022 $4,686 $217,800 $0 $0
2021 $4,523 $203,400 $0 $0
2020 $4,443 $180,800 $0 $0
2019 $4,438 $176,000 $0 $0
2018 $4,332 $163,000 $0 $0
2017 -- $162,200 $0 $0
2016 -- $155,300 $0 $0
2014 -- $45,500 $0 $0
2012 -- $51,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sue Kelly

    Real Estate One

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1776506

Northern Great Lakes REALTORS® MLS

APN: 03-234-019-00

Michigan Grand Traverse County Traverse City 49696

375 Rasho Rd, Traverse City, MI

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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