NOT LISTED FOR SALE

537 Hidden Ridge Dr Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $909,000 - $1,258,000

0.51 Acre
$2,087,239 Price per Acre
22,216 Sq Ft Lot

Last Sold July 12, 2013

Last sale price $90,000 $25 Per Sq Ft

Est. 1,058% increase in value since last sale

Current estimated payment $6,569/month

326 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 328 Feet of Waterfront
  • Bay View
  • Central High School Rated A-
  • Sandy Beach
  • Lake Privileges

About This Lot

As of July 2013

Base of the Peninsula with over 325'of shared frontage! Utilities in place, and a great view from the building location; you can see the resort and East Bay. Nice sandy beach. Homes range from $500,000 to nearly $2 million! Building restriction is only a minimum 1,800 sq. ft. for single level home. Boat hoist is allowed. Socks Construction selected the lot for the seller based on the topography, it requires very little excavation, a major $$ saver! Socks will consult with any potential buyers regarding this

Last Agent to Sell the Property

Holly Hack

EXIT Northern Shores-TC License #6502375734 Listed on: 06/04/2012

EXIT Northern Shores-TC

Last Buyer's Agent

Ken Weaver

Berkshire Hathaway Homeservices - TC License #6501310917

Berkshire Hathaway Homeservices - TC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,480

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 237x183x169
  • 328 Feet of Waterfront
  • Sandy Beach
  • Lot Has A Rolling Slope
  • The community has rules related to zoning restrictions

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Bay Views

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Hidden Ridge Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Waterfront Park
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$9,480

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Shared
  • Section Number: 11
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 176470.59
  • Range: R 11W

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Will Build To Suit, Bay View
  • Number Of Acres: 0.51
  • Road: Private Owned, Association
  • Water Features: All Sports, Sandy Bottom, Gradual Slope To Water, Sandy Shoreline
  • Waterfront Frontage: 328

Utilities

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

Condo/Co-op/Association

  • Annual Association Fees: 900

Association/Amenities

  • Development Amenities: Lake Privileges, Water Front Park, Community Dock
  • Development Name: Hidden Ridge

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 16
  • Deeded Waterfront: Yes
  • Land Features: Rolling, Hardwoods
  • Lot Dimensions: 237x183x169
  • Percent Wooded: 50
  • Zoning Use Restrictions: Residential, Site Condominium, Bldg & Use Restrictions
  • Percent Open: 50

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2012
Closed on
Jul 12, 2013
Seller's Agent
Holly Hack
EXIT Northern Shores-TC
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Current Estimated Value
$1,041,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$951,799
Avg. Annual Appreciation
22.24%

Purchase Details

Closed on
Mar 19, 2010

Purchase Details

Closed on
May 6, 2009
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
-- $90,000 --
-- $42,500 --
-- $85,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $90,000 -14.3% $25 / Sq Ft
04/26/2013 04/26/13 Pending -- -- --
06/04/2012 06/04/12 For Sale $105,000 -- $29 / Sq Ft
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 $9,480 $589,600 $0 $0
2024 $6,236 $437,800 $0 $0
2023 $5,668 $281,800 $0 $0
2022 $8,113 $321,100 $0 $0
2021 $7,103 $281,800 $0 $0
2020 $7,031 $289,700 $0 $0
2019 $7,068 $287,800 $0 $0
2018 $9,464 $275,000 $0 $0
2017 -- $275,300 $0 $0
2016 -- $255,800 $0 $0
2014 -- $138,600 $0 $0
2012 -- $25,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Hack

    Seller's Agent in 2013

    Holly Hack

    EXIT Northern Shores-TC

    (231) 946-4404

    7 in this area

    218 Total Sales

    Section Image
  • Ken Weaver

    Buyer's Agent in 2013

    Ken Weaver

    Berkshire Hathaway Homeservices - TC

    (231) 668-6303

    1 in this area

    102 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1736697

Northern Great Lakes REALTORS® MLS

APN: 11-514-016-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

537 Hidden Ridge Dr, Traverse City, MI

This home is located at 537 Hidden Ridge Dr, Traverse City, MI 49686 since 04 June 2012 and is currently estimated at $1,064,492, approximately $295 per square foot. 537 Hidden Ridge Dr is a home located in Grand Traverse County with nearby schools including Eastern Elementary School, East Middle School, and Central 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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