NOT LISTED FOR SALE

8715 Underwood Ridge Unit 42 Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $3,354,000 - $3,872,977

2.2 Acres
$1,642,495 Price per Acre
95,832 Sq Ft Lot

Last Sold October 10, 2013

Last sale price $152,000

Est. 2,277% increase in value since last sale

Current estimated payment $23,204/month

65 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 500 Feet of Waterfront
  • Bay View
  • Central High School Rated A-
  • Sandy Beach
  • 2.2 Acre Lot

About This Lot

As of October 2013

Sunset views over West Grand Traverse Bay! This beautiful 2.20 acre lot is on a cul-de-sac and abutts common area so you do have neighbors but also plenty of space and no fear of another home built in front of yours. Includes shared access on Grand Traverse Bay, perk test, disclosures and site survey available. On Old Mission Peninsula, close to wineries, restaurants and minutes from downtown TC.

Last Agent to Sell the Property

Debra Hall

REO-TCRandolph-233022 License #6501300274 Listed on: 07/26/2013

REO-TCRandolph-233022

Last Buyer's Agent

Amy Green

REO-TCRandolph-233022 License #6501327055

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $47,409

Lot Details

  • 2.2 Acre Lot
  • 500 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Location

  • Property is near a Great Lake

Utilities

  • Underground Utilities
  • Private or Community Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Underwood Ridge Community

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$47,409

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Shared
  • Section Number: 27
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 69090.91
  • Range: R 12W

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Bay View, Countryside View
  • Number Of Acres: 2.2
  • Road: Private Owned
  • Water Features: Sandy Bottom, Great Lake
  • Waterfront Frontage: 500

Utilities

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

Association/Amenities

  • Development Name: Underwood Ridge

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 42
  • Deeded Waterfront: Yes
  • Land Features: Level, Sloping
  • Lot Dimensions: IRREGULAR
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Site Condominium, Deed Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Oct 10, 2013
Seller's Agent
Debra Hall
REO-TCRandolph-233022
Buyer's Agent
Amy Green
REO-TCRandolph-233022
List Price
$165,000
Sold Price
$152,000
Premium/Discount to List
-$13,000
-7.88%
Current Estimated Value
$3,613,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,461,489
Avg. Annual Appreciation
35.90%

Purchase Details

Closed on
Jan 30, 2008

Purchase Details

Closed on
Jul 30, 1999
Source: Public Records

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
-- $152,000 --
-- -- --
-- $82,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Sold $152,000 -7.9% --
09/29/2013 09/29/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $165,000 -- --
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 $47,409 $2,371,800 $0 $0
2024 $31,185 $2,196,400 $0 $0
2023 $29,840 $1,530,400 $0 $0
2022 $42,715 $1,544,200 $0 $0
2021 $39,973 $1,530,400 $0 $0
2020 $39,569 $1,635,400 $0 $0
2019 $39,777 $1,450,500 $0 $0
2018 $55,401 $1,473,500 $0 $0
2017 -- $1,465,700 $0 $0
2016 -- $1,526,000 $0 $0
2014 -- $74,700 $0 $0
2012 -- $72,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debra Hall

    Seller's Agent in 2013

    Debra Hall

    Real Estate One

    (231) 590-0936

    9 in this area

    178 Total Sales

    Debra Hall
    Section Image

  • A

    Buyer's Agent in 2013

    Amy Green

    Real Estate One

See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1749445

Northern Great Lakes REALTORS® MLS

APN: 11-683-042-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

8715 Underwood Ridge Unit 42, Traverse City, MI

This home is located at 8715 Underwood Ridge Unit 42, Traverse City, MI 49686 since 26 July 2013 and is currently estimated at $3,613,489. 8715 Underwood Ridge Unit 42 is a home located in Grand Traverse County with nearby schools including 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.

Nearby Homes