NOT LISTED FOR SALE

552 Napolean Way Traverse City, MI 49686

Estimated Value: $738,000 - $825,000

0.55 Acres
$1,412,942 Price per Acre
23,958 Sq Ft Lot

Last Sold November 15, 2016

Last sale price $16,400

Est. 4,639% increase in value since last sale

Current estimated payment $4,509/month

61 Days on Market

Highlights

  • Wooded Lot
  • Tennis Courts
  • Trails
  • Central High School Rated A-

About This Lot

As of November 2016

Slightly sloping lot, perfect for a walk out basement. Located in a well established neighborhood on the East side of Traverse City. Close to schools, parks, and shopping. Plenty of hardwoods on the property and the lot backs up to private hardwoods as well. Association fees cover road and common area maintenance.

Last Agent to Sell the Property

Thomas Cronin

Traverse Real Estate Listed on: 09/07/2016

Last Buyer's Agent

Thomas Cronin

Traverse Real Estate Listed on: 09/07/2016

Property Details

Property Type

  • Land

Lot Details

  • 0.55 Acre Lot
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $29 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Cherry Ridge Condominium Community

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Trails

Property Details

Property Type

Land

Lot Details

0.55 Acres

HOA Fees

$29 per month

Listing Details

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

Interior Features

  • Range: R 10W

Exterior Features

  • Number Of Acres: 0.55
  • Road: Association, Blacktop, Privately Maintained

Utilities

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

Condo/Co-op/Association

  • Annual Association Fees: 350

Association/Amenities

  • Development Amenities: Common Area, Tennis Courts, Trails
  • Development Name: Cherry Ridge Condominium

Lot Info

  • Land Features: Sloping, Hardwoods, Wooded
  • Lot Dimensions: 100' x 240' x Irregular
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Site Condominium, Deed Restrictions, Bldg & Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2017
Sold by
Cornerstone Affordable Homes L
Bought by
Makowski Jacob Timothy and Makowski Amanda M
Current Estimated Value
$777,118

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 10, 2016
Seller's Agent
Thomas Cronin
Traverse Real Estate
Buyer's Agent
Thomas Cronin
Traverse Real Estate
List Price
$24,900
Sold Price
$16,400
Premium/Discount to List
-$8,500
-34.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.15%

Purchase Details

Closed on
Jul 3, 2002

Purchase Details

Closed on
Feb 26, 1999

Purchase Details

Closed on
Apr 6, 1994
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Makowski Jacob Timothy $375,000 --
-- $16,400 --
-- $42,000 --
-- $146,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2016 11/15/16 Sold $16,400 -34.1% --
11/07/2016 11/07/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $24,900 -- --
Source: Northern Great Lakes REALTORS® MLS

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 $5,240 $307,500 $0 $0
2024 $3,527 $271,500 $0 $0
2023 $3,375 $173,600 $0 $0
2022 $4,699 $202,700 $0 $0
2021 $4,536 $173,600 $0 $0
2020 $4,456 $178,200 $0 $0
2019 $4,478 $168,500 $0 $0
2018 $4,370 $161,400 $0 $0
2017 -- $13,000 $0 $0
2016 -- $13,000 $0 $0
2014 -- $19,000 $0 $0
2012 -- $19,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Cronin

    Seller's Agent in 2016

    Thomas Cronin

    Traverse Real Estate

    (231) 590-5091

    2 in this area

    60 Total Sales

    Thomas Cronin
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1815585

Northern Great Lakes REALTORS® MLS

APN: 03-384-076-00

Michigan Grand Traverse County Traverse City 49686

552 Napolean Way, Traverse City, MI

Not Listed for Sale

Lots

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 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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