NOT LISTED FOR SALE

564 Brakel Point Dr Traverse City, MI 49685

Estimated Value: $511,000 - $935,000

0.71 Acre
$1,086,976 Price per Acre
30,928 Sq Ft Lot

Last Sold August 20, 2014

Last sale price $190,000

Est. 285% increase in value since last sale

Current estimated payment $4,572/month

70 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Wooded Lot
  • 112 Feet of Waterfront

About This Lot

As of August 2014

A beautiful piece of property! 112" of private Silver Lake frontage, wooded with mature maple and hardwoods. A gradual slope with trail leading to water's edge. A mobile home, currently on the property, included with sale. New well and septic will be needed.

Last Agent to Sell the Property

Linda Zajac

CENTURY 21 Northland License #6501223801 Listed on: 05/05/2014

CENTURY 21 Northland

Last Buyer's Agent

Linda Zajac

CENTURY 21 Northland License #6501223801 Listed on: 05/05/2014

CENTURY 21 Northland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,841

Lot Details

  • 0.71 Acre Lot
  • Lot Dimensions are 112x195x193x195
  • 112 Feet of Waterfront
  • Sandy Beach
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Utilities

  • Well
  • Private or Community Septic Tank
  • Wi-Fi Available
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Brackel Point Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Property is near a lake

Property Details

Property Type

Land

Est. Annual Taxes

$6,841

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 267605.63
  • Range: R 11W

Exterior Features

  • Body Of Water: Silver Lake
  • Number Of Acres: 0.71
  • Road: Public Maintained
  • Water Features: Inland Lake, All Sports, Soft Bottom, Sandy Bottom, Gradual Slope To Water, Public Lake
  • Waterfront Frontage: 112

Utilities

  • Utilities Available: Cable Tv, Electric, Natural Gas, Telephone, Wifi
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Name: Brackel Point

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Sloping, Wooded
  • Lot Dimensions: 112x195x193x195
  • Zoning Use Restrictions: Residential, Platted Subdivision

Tax Info

  • Summer Taxes: 1,293.26
  • Winter Taxes: 338.88

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2014
Closed on
Aug 20, 2014
Seller's Agent
Linda Zajac
CENTURY 21 Northland
Buyer's Agent
Linda Zajac
CENTURY 21 Northland
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$730,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$540,983
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
May 19, 2011

Purchase Details

Closed on
Dec 8, 2004
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
-- $190,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2014 08/20/14 Sold $190,000 -5.0% --
07/14/2014 07/14/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $200,000 -- --
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 $6,841 $445,500 $0 $0
2024 $4,460 $358,600 $0 $0
2023 $4,268 $254,600 $0 $0
2022 $6,235 $266,500 $0 $0
2021 $5,787 $254,600 $0 $0
2020 $5,811 $239,300 $0 $0
2019 $5,405 $214,000 $0 $0
2018 $4,748 $220,600 $0 $0
2017 -- $160,700 $0 $0
2016 -- $97,400 $0 $0
2014 -- $89,100 $0 $0
2012 -- $79,469 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1783512

Northern Great Lakes REALTORS® MLS

APN: 02-006-001-00