$225,000
SOLD AUG 30, 2024

8067 Broken Ridge E Little Traverse Township, MI 49740

2.01 Acres
$111,940 Price per Acre
87,556 Sq Ft Lot

Recently Sold

13% Below List Price

83 Days on Market

About This Lot

As of August 2024

PANORAMIC views overlooking Harbor Springs, Little Traverse Bay, Petoskey State Park, Lake Michigan and Charlevoix in a private community. This over 2 acre combined double lot is one of a kind, sitting among a host of very impressive high-end homes. Just miles from Harbor Springs and Petoskey, marinas, fabulous shops and ample northern Michigan restaurants, beaches, and a bike/walking path. Easy access to various winter skiing and snowmobile options too! Various airports nearby for both commercial and private craft. Owner has the property cleared and ready to build and had change of plans. Property is priced well below what owner has into it since owner had change of plans. Well and septic are still needed. Architectural plans are available to purchase at discount.

Last Listed By

Michael Keller Kooistra

Keller Williams GR East License #6506047945 Listed on: 04/17/2024

Keller Williams GR East

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,049

Lot Details

  • 2.01 Acre Lot
  • Lot Dimensions are 248x282x490x300
  • Property fronts a private road
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Finished Lot(s)
  • Property is zoned res...vacant, res...vacant

HOA Fees

  • $192 Monthly HOA Fees

Location

  • Mineral Rights Excluded

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • Built by vacant land.....to be built
  • Broken Ridge Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,049

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Sub-Type: Acreage
  • Property Type: Land
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Builder Name: vacant land.....to be built
  • List Price: 254900.0
  • Lot Features: Level, Buildable, Cleared, Wooded
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront: No

Utilities

  • Utilities: Phone Available, Storm Sewer, Natural Gas Available, Electricity Available, Cable Available, None

Condo/Co-op/Association

  • Association Amenities: Pets Allowed
  • Association Fee: 2300.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Association Info:Approx Assoc Fee2: 2300.0
  • Association Info:Assoc Fee Payable: Annually
  • Assoc Amenities:Pets Allowed2: Yes

Lot Info

  • Lot Size Acres: 2.01
  • Lot Size Area: 2.01
  • Lot Dimensions: 248x282x490x300
  • Lot Size Sq Ft: 87643.0
  • Zoning Description: res...vacant
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3049.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
Aug 30, 2024
Sold by
The Richard And Cheryl Cliff Trust
Bought by
Shaheen Michael
Seller's Agent
Michael Keller Kooistra
Keller Williams GR East
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Total Days on Market
83
Views
11
Current Estimated Value
$226,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,192
Avg. Annual Appreciation
0.70%
Original Mortgage
$148,750
Outstanding Balance
$122,123
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$104,069
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 Type Sale Price Title Company
Warranty Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $225,000 -11.7% --
07/09/2024 07/09/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $254,900 -1.9% --
04/17/2024 04/17/24 For Sale $259,900 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $3,184 $90,800 $90,800 $0
2023 -- $79,600 $79,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24018198

Southwestern Michigan Association of REALTORS®

APN: 08-16-17-125-130