$400,000
SOLD NOV 7, 2024

5282 Gray Rd Traverse City, MI 49684

8 Acres
$49,505 Price per Acre
351,965 Sq Ft Lot

Recently Sold

62 Days on Market

Highlights

  • 8.08 Acre Lot
  • Pole Barn
  • Level Lot

About This Lot

As of November 2024

Discover the endless possibilities with this conveniently located west side 8-acre parcel featuring a spacious 30 x 64 ft pole barn. The barn boasts two large sliding doors, providing ample space to store your cars, RV, toys, farm equipment, and more. Zoned AG-1 and has potential to be subdivided, the property offers unique development opportunities to suit your needs. The level terrain is ideal for future building projects or farming, all just a stone's throw from Traverse City. Opportunities like this are rare—seize the chance to make it yours today!

Last Agent to Sell the Property

Amanda Karsten

CENTURY 21 Northland License #6501438542 Listed on: 08/23/2024

CENTURY 21 Northland

Last Buyer's Agent

Non Member Office

NON-MLS MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,691

Lot Details

  • 8.08 Acre Lot
  • Lot Dimensions are 300 x 1173
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Outdoor Features

  • Pole Barn

Utilities

  • Well
  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$1,691

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 49504.95
  • Range: R 11W

Exterior Features

  • Exterior Features: Subject To Easements, Pole Building
  • Number Of Acres: 8.08
  • Road: Public Maintained, Blacktop

Utilities

  • Utilities Available: Electric, Natural Gas
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Name: metes & bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level, Cleared
  • Lot Dimensions: 300 X 1173
  • Mineral Rights: Unknown
  • Percent Tillable: 100
  • Zoning Use Restrictions: Agricultural, Metes And Bounds, Splits Available, Farming, Tillable, Outbuildings Allowed
  • Percent Open: 100

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1362.76
  • Winter Taxes: 308.88
  • Year Summer: 2024
  • Year Winter: 2023

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2012
Current Estimated Value
$384,646

Purchase Details

Closed on
Apr 21, 2005

Purchase Details

Closed on
Jul 1, 1992
Source: Public Records

Range of Values:

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Average Value
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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
Deed -- --
Deed -- --
Deed $13,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2024 11/07/24 Sold $400,000 +0.3% --
10/24/2024 10/24/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $399,000 -- --
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 $1,691 $127,100 $0 $0
2024 $1,363 $109,000 $0 $0
2023 $1,301 $89,800 $0 $0
2022 $1,540 $80,400 $0 $0
2021 $1,490 $89,800 $0 $0
2020 $1,474 $59,400 $0 $0
2019 $1,465 $37,400 $0 $0
2018 $0 $31,300 $0 $0
2017 -- $35,300 $0 $0
2016 -- $35,900 $0 $0
2014 -- $65,900 $0 $0
2012 -- $53,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1926341

Northern Great Lakes REALTORS® MLS

APN: 05-006-011-00