$40,000
SOLD MAR 24, 2016

Traverse City, MI 49684

1.16 Acres
$34,483 Price per Acre
50,530 Sq Ft Lot

Recently Sold

20% Below List Price

186 Days on Market

Highlights

  • Home fronts a creek
  • 1.16 Acre Lot
  • Level Lot
  • Willow Hill Elementary School Rated A-

About This Lot

As of March 2019

Nice potential commercial building site, close to Munson and downtown on N. Royal Drive. This location is nestled among many of the areas top medical offices with over an acre to acomodate nice office space and plenty of parking. The rear of the property has a small creek running through it, adding a touch of tranquility. Priced well below market value and could be the dream spot for your business with outstanding affordability.

Last Agent to Sell the Property

Molly Buttleman

@properties Christie's Int'l License #6501374903 Listed on: 09/13/2015

Last Buyer's Agent

Shelly Drossart

REO-TCFront-233021 License #6501344832

REO-TCFront-233021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,121

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 265 x 155 x 272 x 165
  • Home fronts a creek
  • Level Lot
  • The community has rules related to zoning restrictions

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • West Royal Drive Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,121

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 4
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 34482.76
  • Range: R 11W

Exterior Features

  • Number Of Acres: 1.16
  • Road: Public Maintained
  • Water Features: Creek

Utilities

  • Utilities Available: Cable Tv, Natural Gas, Telephone, Underground Electric
  • Waste Available: Municipal
  • Water Available: Municipal Water

Association/Amenities

  • Development Name: West Royal Drive

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level
  • Lot Dimensions: 265 x 155 x 272 x 165
  • Zoning Use Restrictions: Commercial, Platted Subdivision, Bldg & Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Mar 20, 2019
Sold by
Gary Drury
Bought by
Pierce-Mosher Enterprises Llc
Seller's Agent
Daniel Stiebel
Coldwell Banker Schmidt Traver
Buyer's Agent
Bob Rieck
Coldwell Banker Schmidt Traver
List Price
$67,500
Sold Price
$65,000
Premium/Discount to List
-$2,500
-3.7%
Current Estimated Value
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,000

Purchase Details

Closed on
Aug 8, 2016

Purchase Details

Listed on
Sep 13, 2015
Closed on
Mar 24, 2016
Seller's Agent
Molly Buttleman
@properties Christie's Int'l
Buyer's Agent
Shelly Drossart
REO-TCFront-233021
List Price
$49,900
Sold Price
$40,000
Premium/Discount to List
-$9,900
-19.84%

Purchase Details

Closed on
Dec 14, 2005

Purchase Details

Closed on
Jul 30, 1996
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 Type Sale Price Title Company
Grant Deed $65,000 --
Deed -- --
Deed $40,000 --
Deed $55,000 --
Deed -$100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2019 03/20/19 Sold $65,000 -3.7% --
07/10/2018 07/10/18 For Sale $67,500 +68.8% --
03/24/2016 03/24/16 Sold $40,000 -19.8% --
03/17/2016 03/17/16 Pending -- -- --
09/13/2015 09/13/15 For Sale $49,900 -- --
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 $1,121 $60,900 $0 $0
2024 $903 $45,700 $0 $0
2023 $862 $52,100 $0 $0
2022 $1,558 $34,600 $0 $0
2021 $1,720 $52,100 $0 $0
2020 $1,701 $37,700 $0 $0
2019 $937 $20,500 $0 $0
2018 $0 $47,500 $0 $0
2017 -- $38,300 $0 $0
2016 -- $32,300 $0 $0
2014 -- $37,800 $0 $0
2012 -- $36,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Daniel Stiebel

    Coldwell Banker Schmidt Traver

    (231) 633-0432

    33 in this area

    109 Total Sales

    Daniel Stiebel
    Section Image
  • Bob Rieck

    Buyer's Agent in 2019

    Bob Rieck

    Coldwell Banker Schmidt Traver

    (231) 313-8926

    10 in this area

    243 Total Sales

    Bob Rieck
    Section Image
  • Molly Buttleman

    Seller's Agent in 2016

    Molly Buttleman

    @properties Christie's Int'l

    (231) 463-6969

    17 in this area

    196 Total Sales

    Molly Buttleman
    Section Image
  • Shelly Drossart

    Buyer's Agent in 2016

    Shelly Drossart

    Real Estate One

    (231) 590-9552

    88 in this area

    116 Total Sales

    Shelly Drossart
    Section Image
See All Agents

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1806244

Northern Great Lakes REALTORS® MLS

APN: 05-347-010-00

Michigan Grand Traverse County Traverse City

49684

This home and is currently priced at $40,000. This home is a home located in Grand Traverse County with nearby schools including Willow Hill 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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