NOT LISTED FOR SALE

4925 Arbor Grove Dr Unit 2 Traverse City, MI 49685

Estimated Value: $248,000 - $293,000

1.2 Acres
$219,932 Price per Acre
52,272 Sq Ft Lot

Last Sold October 23, 2017

Last sale price $25,000

Est. 956% increase in value since last sale

Current estimated payment $1,908/month

159 Days on Market

Highlights

  • Trails
  • High Speed Internet
  • Level Lot

About This Lot

As of October 2017

PRIME WEST SIDE BUILDING SITE! Arbor Grove is a meticulous, well-established neighborhood filled with nicely appointed homes. For added aesthetics, the community has underground utilities, including natural gas, and winding paved roadways devoid of through traffic. The beautiful, cleared site sprawls over an acre offering a level surface area accentuated with a sprinkling of evergreens and hardwoods. Just 7 miles from Traverse City and around the corner from Moomer’s Ice Cream, Long Lake and hiking trails, this conservatively priced homesite is a prize!

Last Agent to Sell the Property

Matt Geib

Viewpoint Realty License #6502432932 Listed on: 05/02/2017

Last Buyer's Agent

Molly Buttleman

@properties Christie's Int'l License #6501374903

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,009

Lot Details

  • 1.2 Acre Lot
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $8 Monthly HOA Fees

Utilities

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

Community Details

Overview

  • Arbor Grove Community

Recreation

  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$6,009

Lot Details

0

HOA Fees

$8 per month

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: 20833.33
  • Range: R 11W

Exterior Features

  • Number Of Acres: 1.2
  • Road: Public Maintained, Blacktop

Utilities

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

Condo/Co-op/Association

  • Annual Association Fees: 100

Association/Amenities

  • Development Amenities: Trails
  • Development Name: Arbor Grove

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 2
  • Land Features: Level
  • Lot Dimensions: irregular
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Site Condominium, Bldg & Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Haines Robert W
Bought by
Worpell Props Llc
Current Estimated Value
$263,919

Purchase Details

Listed on
May 2, 2017
Closed on
Oct 23, 2017
Sold by
Nichols Brent H
Bought by
Haines Robert W
Seller's Agent
Matt Geib
Viewpoint Realty
Buyer's Agent
Molly Buttleman
@properties Christie's Int'l
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.36%

Purchase Details

Closed on
Jun 27, 2003
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
Worpell Props Llc $206,600 --
Haines Robert W $25,000 --
-- $46,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2017 10/23/17 Sold $25,000 -16.4% --
10/08/2017 10/08/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $29,900 -- --
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 $6,009 $168,700 $0 $0
2024 $4,984 $172,000 $0 $0
2023 $4,758 $73,400 $0 $0
2022 $4,573 $105,500 $0 $0
2021 $3,159 $73,400 $0 $0
2020 $1,836 $41,500 $0 $0
2019 $592 $13,800 $0 $0
2018 $576 $13,800 $0 $0
2017 -- $13,800 $0 $0
2016 -- $13,000 $0 $0
2014 -- $11,000 $0 $0
2012 -- $11,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Geib

    Seller's Agent in 2017

    Matt Geib

    Viewpoint Realty

    (231) 357-3265

    14 in this area

    189 Total Sales

    Matt Geib
    Section Image
  • Molly Buttleman

    Buyer's Agent in 2017

    Molly Buttleman

    @properties Christie's Int'l

    (231) 463-6969

    23 in this area

    192 Total Sales

    Molly Buttleman
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1831359

Northern Great Lakes REALTORS® MLS

APN: 08-053-002-00

Michigan Grand Traverse County Traverse City 49685

4925 Arbor Grove Dr Unit 2, Traverse City, MI

This home is located at 4925 Arbor Grove Dr Unit 2, Traverse City, MI 49685 since 02 May 2017 and is currently estimated at $263,919. 4925 Arbor Grove Dr Unit 2 is a home located in Grand Traverse County with nearby schools including Westwoods Elementary School, West Middle School, and West Senior 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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