NOT LISTED FOR SALE

46 Island View Dr Traverse City, MI 49686

Estimated Value: $59,000 - $266,000

0.45 Acre
$353,333 Price per Acre
19,602 Sq Ft Lot

Last Sold February 20, 2015

Last sale price $75,000

Est. 112% increase in value since last sale

Current estimated payment $1,071/month

522 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Cul-De-Sac
  • Courtade Elementary School Rated A-
  • Sandy Beach

About This Lot

As of February 2015

100 ft. of private frontage on Island Lake. Island Lake is an all sports lake that has no public access. Lot offers nice sandy bottom frontage & mature hardwood trees, also suitable for a walk-out home design. Lot is located in a quiet cove of Island Lake. Surrounding enjoyments include state land, VASA trail, ORV & snowmobile trails and shore to shore trail. Plus just a short drive to all of Traverse City amenities.

Last Agent to Sell the Property

Linda Schaub

REO-TCRandolph-233022 License #6501290614 Listed on: 08/01/2013

REO-TCRandolph-233022

Last Buyer's Agent

Jean Hughey

Key Realty One-TC License #6502362197

Key Realty One-TC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,449

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x197
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Sloped Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank
  • Phone Available

Community Details

Overview

  • Sherwood Shores Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$2,449

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 6
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 166666.67
  • Range: R 9W

Exterior Features

  • Body Of Water: Island Lake
  • Number Of Acres: 0.45
  • Road: Association, Blacktop, Privately Maintained, Cul-De-Sac
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, All Sports, Sandy Bottom, Gradual Slope To Water, Sandy Shoreline
  • Waterfront Frontage: 100

Utilities

  • Utilities Available: Telephone, Underground Electric
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Name: Sherwood Shores

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Sloping, Hardwoods
  • Lot Dimensions: 100X197
  • Zoning Use Restrictions: Residential, Platted Subdivision

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2013
Closed on
Feb 18, 2015
Seller's Agent
Linda Schaub
REO-TCRandolph-233022
Buyer's Agent
Jean Hughey
Key Realty One-TC
List Price
$99,900
Sold Price
$75,000
Premium/Discount to List
-$24,900
-24.92%
Current Estimated Value
$159,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,000
Avg. Annual Appreciation
7.20%

Purchase Details

Closed on
May 18, 2005

Purchase Details

Closed on
Mar 26, 1999
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
-- $75,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2015 02/20/15 Sold $75,000 -24.9% --
01/05/2015 01/05/15 Pending -- -- --
08/01/2013 08/01/13 For Sale $99,900 -- --
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 $2,449 $125,000 $0 $0
2024 $634 $80,000 $0 $0
2023 $607 $80,000 $0 $0
2022 $2,216 $80,000 $0 $0
2021 $2,152 $80,000 $0 $0
2020 $2,130 $80,000 $0 $0
2019 $1,573 $50,000 $0 $0
2018 $0 $50,000 $0 $0
2017 -- $50,000 $0 $0
2016 -- $50,000 $0 $0
2014 -- $45,000 $0 $0
2012 -- $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1749702

Northern Great Lakes REALTORS® MLS

APN: 12-040-025-00