NOT LISTED FOR SALE

8050 Broken Ridge E Little Traverse Township, MI 49740

Estimated Value: $185,000 - $234,004

2.66 Acres
$80,827 Price per Acre
115,870 Sq Ft Lot

Last Sold May 04, 2023

Last sale price $196,000

Est. 10% increase in value since last sale

Current estimated payment $1,446/month

316 Days on Market

Highlights

  • Water Views
  • Landscaped with Trees
  • Gentle Sloping Lot

About This Lot

As of May 2023

Enjoy panoramic views of Little Traverse Bay and the distant city lights of Petoskey from this Broken Ridge building site. This lot offers 2.66 acres and is situated in an upscale neighborhood of distinctive homes. The convenient location is close to downtown Harbor Springs and a short drive to Petoskey and area golf & ski resorts. This is one of largest and best remaining view lots in the neighborhood!

Last Listed By

Gill Whitman

Berkshire Hathaway HomeServices Michigan Real Estate - HS Listed on: 04/20/2022

Berkshire Hathaway HomeServices Michigan Real Estate - HS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,394

Lot Details

  • 2.66 Acre Lot
  • Gentle Sloping Lot
  • Hillside Location
  • Landscaped with Trees

HOA Fees

  • $127 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Underground Utilities
  • Well Required
  • Septic Needed
  • Phone Available
  • Cable TV Available

Community Details

  • Broken Ridge (Harbor Springs) Association

Listing and Financial Details

  • Assessor Parcel Number 08-16-17-125-110

Property Details

Property Type

Land

Est. Annual Taxes

$1,394

Lot Details

0

HOA Fees

$127 per month

Listing Details

  • Class: LOTS/LAND
  • Type: Lots/Land
  • Type 2: Lot
  • Lvt Date: 04/21/2022
  • Section: 12
  • Survey: Y
  • Hd Approved: Y
  • Road Access: Y
  • Road Frontage Feet: 172 +/1
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Features: Electric, Phone, Mixed Trees, Natural Gas, Cable TV, Under Ground Utilities, Paved Road

Exterior Features

  • Waterfront Water Access: Neither
  • Water View: Y

Utilities

  • Sewer: Septic Needed
  • Water: Well Needed

Condo/Co-op/Association

  • Association: Broken Ridge (Harbor Springs)
  • Association: Yes
  • Fees: 1526.
  • Site Condo: Y

Schools

  • School District: Harbor Springs

Lot Info

  • Estimated Lot Dimensions: 172.34 x 741.54 Irr.
  • Estimated Number of Acres: 2.66
  • Lot: Y
  • Zoning: Residentil
  • Deed Restrictions: Master Deed
  • Number Of Acres: 2.01 - 4
  • Percent Wooded: 50
  • Terrain: Gently Rolling, Hill-Side

Tax Info

  • Assessor Parcel Number: 08-16-17-125-110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2024
Sold by
O'Connor Thomas E and O'Connor Maryanne
Bought by
O'Connor Thomas E and O'Connor Maryanne M
Total Days on Market
316
Current Estimated Value
$215,001

Purchase Details

Listed on
Apr 20, 2022
Closed on
May 4, 2023
Sold by
Bonesteel Dean and Bonesteel Hildegard
Bought by
O'Connor Thomas E and O'Connor Maryanne
Seller's Agent
Gill Whitman
Berkshire Hathaway HomeServices Michigan Real Estate - HS
Buyer's Agent
Geno D'angelo
Real Broker LLC
List Price
$219,000
Sold Price
$196,000
Premium/Discount to List
-$23,000
-10.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%
Original Mortgage
$173,700
Interest Rate
5.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2016
Sold by
Rentschler David N
Bought by
Bonesteel Dean and Bonesteel Hildegard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,000
Interest Rate
3.02%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2015
Sold by
Mcclurg Sandra L
Bought by
Rentschler David N

Purchase Details

Closed on
Aug 17, 2006
Sold by
Mcclurg Ned S and Mcclurg Sandra L
Bought by
Mcclurg Sandra L Trust

Purchase Details

Closed on
Sep 8, 2004
Sold by
Shepherd Richard
Bought by
Mcclurg Ned S and Mcclurg Sandra L

Purchase Details

Closed on
Aug 21, 1992
Sold by
Mandeville George E and Mandeville Evelyn
Bought by
Shepherd Richard

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
O'Connor Thomas E -- --
O'Connor Thomas E $196,000 Title Resources Guaranty Compa
Bonesteel Dean -- Crossroads Title
Rentschler David N -- Crossroads Title
Mcclurg Sandra L Trust -- --
Mcclurg Ned S $295,000 --
Shepherd Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bonesteel Dean --
Open Bonesteel Dean $737,000
Previous Owner O'Connor Thomas E $173,700
Previous Owner Bonesteel Dean $225,000
Previous Owner Bonesteel Dean $784,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Sold $196,000 -10.5% --
04/21/2023 04/21/23 For Sale $219,000 +11.7% --
04/21/2023 04/21/23 Off Market $196,000 -- --
10/25/2022 10/25/22 For Sale $219,000 +11.7% --
10/21/2022 10/21/22 Off Market $196,000 -- --
07/11/2022 07/11/22 Price Changed $219,000 -15.8% --
04/20/2022 04/20/22 For Sale $260,000 -- --
Source: Northern Michigan 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
2024 $1,394 $36,600 $36,600 $0
2023 $712 $32,100 $32,100 $0
2022 $712 $29,100 $29,100 $0
2021 $708 $29,100 $29,100 $0
2020 $1,083 $76,500 $76,500 $0
2019 $1,025 $49,400 $49,400 $0
2018 $999 $42,900 $42,900 $0
2017 -- $42,900 $42,900 $0
2016 -- $42,100 $42,100 $0
2015 -- $74,600 $0 $0
2014 -- $67,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Michigan MLS

MLS Number: 467952

Northern Michigan MLS

APN: 08-16-17-125-110