NOT LISTED FOR SALE

4698 Arbor Latch Unit 10 Traverse City, MI 49685

Estimated Value: $594,000 - $612,000

1 Acre
$604,525 Price per Acre
43,560 Sq Ft Lot

Last Sold May 11, 2016

Last sale price $34,000

Est. 1,678% increase in value since last sale

Current estimated payment $3,610/month

43 Days on Market

Highlights

  • Countryside Views
  • Garden
  • Satellite Dish
  • Wooded Lot
  • High Speed Internet
  • Level Lot

About This Lot

As of May 2016

Lovely building spot in meticulous, well-established neighborhood. Only 15 minutes to downtown Traverse City and also situated near many inland lakes, golf courses, trails, and best of all only a short drive to the world famous Sleeping Bear National Lakeshore. Partially wooded, and just over an acre in size, this parcel can be configured for optimal privacy yet able to keep the neighborhood feel with reasonable deed restrictions to protect property values. Great price, great location.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 02/16/2016

Coldwell Banker Schmidt Traver

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,965

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 150x295
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Property Views

  • Countryside Views

Utilities

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

Community Details

  • Arbor Grove Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,965

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 8
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 34000
  • Range: R 12W

Exterior Features

  • Exterior Features: Countryside View, Garden Area
  • Number Of Acres: 1
  • Road: Shared, Association, Blacktop, Privately Maintained

Utilities

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

Association/Amenities

  • Development Name: Arbor Grove

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 10
  • Land Features: Level, Cleared, Wooded
  • Lot Dimensions: 150x295
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Platted Subdivision, Deed Restrictions, 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 16, 2016
Closed on
May 9, 2016
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$35,000
Sold Price
$34,000
Premium/Discount to List
-$1,000
-2.86%
Current Estimated Value
$604,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,525
Avg. Annual Appreciation
35.65%

Purchase Details

Listed on
Feb 16, 2016
Closed on
May 6, 2016
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$35,000
Sold Price
$34,000
Premium/Discount to List
-$1,000
-2.86%

Purchase Details

Closed on
Jun 1, 2015

Purchase Details

Closed on
Jul 19, 2004

Purchase Details

Closed on
Jul 26, 2002
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
-- -- --
-- $34,000 --
-- $30,000 --
-- $37,500 --
-- $27,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2016 05/11/16 Sold $34,000 -2.9% --
03/30/2016 03/30/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $35,000 -- --
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 $4,965 $275,800 $0 $0
2024 $3,522 $262,500 $0 $0
2023 $3,370 $181,200 $0 $0
2022 $4,487 $196,400 $0 $0
2021 $4,372 $181,200 $0 $0
2020 $4,340 $173,700 $0 $0
2019 $4,038 $163,400 $0 $0
2018 $3,131 $159,800 $0 $0
2017 -- $17,000 $0 $0
2016 -- $15,000 $0 $0
2014 -- $13,000 $0 $0
2012 -- $13,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1811752

Northern Great Lakes REALTORS® MLS

APN: 08-053-010-00