NOT LISTED FOR SALE

Estimated Value: $1,363,000 - $2,267,795

0.6 Acre
$3,115,442 Price per Acre
26,136 Sq Ft Lot

Last Sold September 10, 2012

Last sale price $460,000

Est. 306% increase in value since last sale

Current estimated payment $11,670/month

742 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • Level Lot
  • Central High School Rated A-
  • Bay View

About This Lot

As of September 2012

Gorgeous wooded lot only five minutes from Traverse City. On East Shore Road, quiet street, perfect neighborhood for your family. Private 100 feet of frontage with beach house for all of your water toys. Amazing sunrises, one of the last remaining waterfront vacant lots this close to town. $10,000 worth of house plans included in this waterfront lot.

Last Agent to Sell the Property

Rebecca Schubert

The Mitten Real Estate Group License #6501338744 Listed on: 07/06/2010

Last Buyer's Agent

Rebecca Schubert

The Mitten Real Estate Group License #6501338744 Listed on: 07/06/2010

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,229

Lot Details

  • 0.6 Acre Lot
  • Private Waterfront
  • 102 Feet of Waterfront
  • Level Lot
  • The community has rules related to zoning restrictions

Additional Features

  • Bay Views
  • Well

Community Details

  • Water Sports
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$17,229

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 766666.67

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View
  • Number Of Acres: 0.6
  • Road: Public Maintained
  • Water Features: Priv Frontage (Wtr Side), All Sports, Gradual Slope To Water
  • Waterfront Frontage: 102

Utilities

  • Water Available: Private Well

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: irreg
  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: irreg
  • Zoning Use Restrictions: Residential, Metes And Bounds

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2010
Closed on
Sep 10, 2012
Seller's Agent
Rebecca Schubert
The Mitten Real Estate Group
Buyer's Agent
Rebecca Schubert
The Mitten Real Estate Group
List Price
$750,000
Sold Price
$460,000
Premium/Discount to List
-$290,000
-38.67%
Current Estimated Value
$1,869,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,409,265
Avg. Annual Appreciation
10.81%

Purchase Details

Closed on
Oct 16, 2009

Purchase Details

Closed on
Jan 28, 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
-- $460,000 --
-- $725,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2012 09/10/12 Sold $460,000 -38.7% --
07/17/2012 07/17/12 Pending -- -- --
07/06/2010 07/06/10 For Sale $750,000 -- --
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 $17,229 $855,400 $0 $0
2024 $11,333 $873,000 $0 $0
2023 $10,844 $677,400 $0 $0
2022 $15,523 $694,800 $0 $0
2021 $14,489 $677,400 $0 $0
2020 $14,343 $682,100 $0 $0
2019 $14,418 $631,000 $0 $0
2018 $19,305 $597,400 $0 $0
2017 -- $555,400 $0 $0
2016 -- $498,400 $0 $0
2014 -- $378,200 $0 $0
2012 -- $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1718204

Northern Great Lakes REALTORS® MLS

APN: 11-030-031-00