NOT LISTED FOR SALE

5054 Grayhawk Blvd Unit 24 Traverse City, MI 49684

Estimated Value: $921,000 - $990,000

0.7 Acre
$1,363,657 Price per Acre
30,492 Sq Ft Lot

Last Sold December 12, 2014

Last sale price $98,000

Est. 874% increase in value since last sale

Current estimated payment $6,211/month

524 Days on Market

Highlights

  • Bay View
  • Willow Hill Elementary School Rated A-
  • Level Lot

About This Lot

As of December 2014

Exceptional West Bay views from this conveniently-located lot in prestigious Grayhawk. Thorough excavation and land balancing have already been completed and provide water views from every level of your future home. Lot is prepped and ready for footings to be poured. Complete drawings and building plans are available. Bring your own contractor or Millward Custom Homes will build to suit with generous allowances and extensive use of hardwood floors, custom tile, and granite.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 06/28/2013

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Shelly Brunette

REO-TCRandolph-233022 License #6501247395

REO-TCRandolph-233022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,799

Lot Details

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

Property Views

  • Bay Views

Community Details

  • Grayhawk Community

Property Details

Property Type

Land

Est. Annual Taxes

$13,799

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: 140000
  • Range: R 11W

Exterior Features

  • Exterior Features: Bay View
  • Number Of Acres: 0.7
  • Road: Private Owned, Association

Utilities

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

Association/Amenities

  • Development Name: Grayhawk

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 24
  • Land Features: Level, Rolling
  • Lot Dimensions: irregular
  • Zoning Use Restrictions: Residential, Site Condominium, Bldg & Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2013
Closed on
Dec 12, 2014
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Shelly Brunette
REO-TCRandolph-233022
List Price
$117,500
Sold Price
$98,000
Premium/Discount to List
-$19,500
-16.6%
Current Estimated Value
$954,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$856,560
Avg. Annual Appreciation
23.46%

Purchase Details

Closed on
Nov 28, 2011

Purchase Details

Closed on
Oct 27, 2006

Purchase Details

Closed on
Oct 16, 2006

Purchase Details

Closed on
Sep 26, 2000
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
-- $98,000 --
-- -- --
-- -- --
-- -- --
-- $209,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $98,000 -16.6% --
12/04/2014 12/04/14 Pending -- -- --
06/28/2013 06/28/13 For Sale $117,500 -- --
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 $13,799 $441,600 $0 $0
2024 $11,119 $438,800 $0 $0
2023 $10,614 $331,600 $0 $0
2022 $12,565 $318,000 $0 $0
2021 $12,154 $331,600 $0 $0
2020 $12,024 $307,200 $0 $0
2019 $11,950 $324,100 $0 $0
2018 $0 $266,800 $0 $0
2017 -- $54,600 $0 $0
2016 -- $50,000 $0 $0
2014 -- $55,000 $0 $0
2012 -- $27,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1748146

Northern Great Lakes REALTORS® MLS

APN: 05-131-024-00