NOT LISTED FOR SALE

5584 Marquette Dr Traverse City, MI 49685

Estimated Value: $929,000 - $1,174,822

0.6 Acre
$1,754,510 Price per Acre
26,136 Sq Ft Lot

Last Sold September 16, 2019

Last sale price $158,000 $67 Per Sq Ft

Est. 566% increase in value since last sale

Current estimated payment $6,512/month

96 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Lake Privileges
  • 70 Feet of Waterfront
  • Sandy Beach
  • Corner Lot

About This Lot

As of September 2019

One of a kind buildable lot with water views and 70' of shared water frontage on Silver Lake with only 3 other homes. Owner will be able to keep a boat in the water. Seller has provided a dock. 6 miles to downtown Traverse City. Come build your dream home! Builder will Build To Suit.

Last Agent to Sell the Property

Janel Brown

REO-TCFront-233021 License #6501287459 Listed on: 04/30/2019

REO-TCFront-233021

Last Buyer's Agent

Maureen Penfold

REMAX Bayshore - Union St TC License #6501239126

REMAX Bayshore - Union St TC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,427

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 132x193x106x242
  • 70 Feet of Waterfront
  • Sandy Beach
  • Corner Lot
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Schaub Lake View Estates Community

Amenities

  • Common Area

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Private Dock
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$8,427

Lot Details

0

HOA Fees

$75 per month

Listing Details

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

Interior Features

  • Price Per Sq Ft: 263333.33
  • Range: R 11W

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Will Build To Suit
  • Number Of Acres: 0.6
  • Road: Privately Maintained
  • Water Features: Inland Lake, Water View, All Sports, Sandy Bottom, Private Dock, Sandy Shoreline
  • Waterfront Frontage: 70

Utilities

  • Utilities Available: Cable Tv, Cable Internet, Natural Gas, Underground Electric
  • Waste Available: Private Septic
  • Water Available: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 900
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Lake Privileges, Community Dock, Common Area
  • Development Name: Schaub Lake View Estates

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Corner Lot
  • Lot Dimensions: 132x193x106x242
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: 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
Apr 30, 2019
Closed on
Sep 12, 2019
Sold by
Tl Schaub Land Llc
Bought by
Hill Jason and Hill Thomas Christine
Seller's Agent
Janel Brown
REO-TCFront-233021
Buyer's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
List Price
$169,900
Sold Price
$158,000
Premium/Discount to List
-$11,900
-7%
Current Estimated Value
$1,052,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$894,706
Avg. Annual Appreciation
35.88%

Purchase Details

Closed on
Dec 24, 2014
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
Hill Jason $158,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $158,000 -7.0% $67 / Sq Ft
04/30/2019 04/30/19 For Sale $169,900 -- $72 / 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 $8,427 $551,700 $0 $0
2024 $5,493 $417,700 $0 $0
2023 $5,256 $274,900 $0 $0
2022 $7,469 $295,200 $0 $0
2021 $7,010 $274,900 $0 $0
2020 $3,660 $81,400 $0 $0
2019 $786 $72,500 $0 $0
2018 $752 $72,500 $0 $0
2017 -- $62,500 $0 $0
2016 -- $62,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janel Brown

    Seller's Agent in 2019

    Janel Brown

    Real Estate One

    (231) 313-1922

    26 in this area

    199 Total Sales

    Janel Brown
    Section Image
  • Maureen Penfold

    Buyer's Agent in 2019

    Maureen Penfold

    RE/MAX Michigan

    (231) 883-3133

    2 in this area

    74 Total Sales

    Maureen Penfold
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1860160

Northern Great Lakes REALTORS® MLS

APN: 02-635-005-00

Michigan Grand Traverse County Traverse City 49685

5584 Marquette Dr, Traverse City, MI

This home is located at 5584 Marquette Dr, Traverse City, MI 49685 since 30 April 2019 and is currently estimated at $1,052,706, approximately $447 per square foot. 5584 Marquette Dr is a home located in Grand Traverse County with nearby schools including Silver Lake 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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