NOT LISTED FOR SALE

702 Walnut Ridge Traverse City, MI 49696

Old Mission Peninsula Neighborhood

Estimated Value: $518,000 - $804,000

0.58 Acre
$1,144,478 Price per Acre
25,265 Sq Ft Lot

Last Sold June 12, 2015

Last sale price $105,500

Est. 529% increase in value since last sale

Current estimated payment $4,244/month

135 Days on Market

About This Lot

As of June 2015

Development in an outstanding location off Peninsula Dr approx 1/4 mile from Peninsula Dr/Center Rd split. Very rare to find building parcels this close to town on Old Mission! Parcels are beautifully wooded & feature a gently sloping topography with some suitable for walkout floor plans. Municipal water & sewer. Very serene Peninsula setting yet so convenient to all Traverse City amenities.

Last Agent to Sell the Property

Jason Kudary

CENTURY 21 Northland License #6502136643 Listed on: 12/01/2014

CENTURY 21 Northland

Last Buyer's Agent

Luba Melnyczuk-Childs

CENTURY 21 Northland License #6501224437

CENTURY 21 Northland

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,525

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 108x233
  • Level Lot
  • The community has rules related to zoning restrictions

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • Walnut Ridge Community

Property Details

Property Type

Land

Est. Annual Taxes

$7,525

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 36
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 181896.55
  • Range: R 1W

Exterior Features

  • Exterior Features: Will Build To Suit
  • Number Of Acres: 0.58
  • Road: Private Owned, Association

Utilities

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

Association/Amenities

  • Development Name: Walnut Ridge

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level, Sloping, Hardwoods
  • Lot Dimensions: 108x233
  • Zoning Use Restrictions: Residential, 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

Listed on
Dec 1, 2014
Closed on
Jun 12, 2015
Seller's Agent
Jason Kudary
CENTURY 21 Northland
Buyer's Agent
Luba Melnyczuk-Childs
CENTURY 21 Northland
List Price
$109,900
Sold Price
$105,500
Premium/Discount to List
-$4,400
-4%
Current Estimated Value
$663,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,297
Avg. Annual Appreciation
19.62%

Purchase Details

Closed on
Apr 17, 2012

Purchase Details

Closed on
Dec 29, 2006
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
-- $105,500 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2015 06/12/15 Sold $105,500 -4.0% --
04/15/2015 04/15/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $109,900 -- --
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 $7,525 $301,900 $0 $0
2024 $4,950 $309,100 $0 $0
2023 $4,736 $248,400 $0 $0
2022 $6,780 $260,300 $0 $0
2021 $6,328 $248,400 $0 $0
2020 $6,264 $234,000 $0 $0
2019 $6,466 $235,800 $0 $0
2018 $8,922 $237,300 $0 $0
2017 -- $233,700 $0 $0
2016 -- $157,900 $0 $0
2014 -- $42,100 $0 $0
2012 -- $22,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Kudary

    Seller's Agent in 2015

    Jason Kudary

    CENTURY 21 Northland

    (989) 356-2181

    3 Total Sales

    Jason Kudary
    Section Image

  • L

    Buyer's Agent in 2015

    Luba Melnyczuk-Childs

    CENTURY 21 Northland

    (231) 557-9100

    1 in this area

    23 Total Sales

    Luba Melnyczuk-Childs
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1793769

Northern Great Lakes REALTORS® MLS

APN: 11-687-004-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

702 Walnut Ridge, Traverse City, MI

This home is located at 702 Walnut Ridge, Traverse City, MI 49696 since 01 December 2014 and is currently estimated at $663,797. 702 Walnut Ridge 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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