NOT LISTED FOR SALE

9797 E Bingham Rd Traverse City, MI 49684

Estimated Value: $791,042 - $1,545,000

25.59 Acres
$43,911 Price per Acre
1,114,700 Sq Ft Lot

Last Sold June 12, 2019

Last sale price $420,000

Est. 168% increase in value since last sale

Current estimated payment $6,206/month

62 Days on Market

Highlights

  • Bay View
  • Wooded Lot
  • Level Lot
  • 25.59 Acre Lot
  • High Speed Internet

About This Lot

As of June 2019

Rare opportunity to own a 25 acre estate sized parcel featuring beautiful elevated water views of West Grand Traverse Bay and a variety of hilltop wooded building sites with potential vineyard. Land division has been completed for 5 buildable parcels (if preferred). Survey, soil tests, and road engineering documents on file. Very desirable location between Traverse City & Suttons Bay and close to the Leelanau Trail & public water access on West Bay & Lake Leelanau! Existing 4 bedroom chalet is livable for use while building your Leelanau County dream home or choose your desired site and acreage and sell the remaining parcel.

Last Agent to Sell the Property

Victoria Oltersdorf

OLTERSDORF REALTY, LLC Listed on: 03/15/2019

Last Buyer's Agent

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC

REMAX Bayshore - W Bay Shore Dr TC

Property Details

Property Type

  • Land

Lot Details

  • 25.59 Acre Lot
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Utilities

  • Well
  • Private or Community Septic Tank
  • High Speed Internet
  • Cable TV Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

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

Interior Features

  • Range: R 11W

Exterior Features

  • Exterior Features: Bay View, Countryside View, Development Property
  • Number Of Acres: 25.59
  • Road: Public Maintained, Blacktop
  • Water Features: Water View, Bay View

Utilities

  • Utilities Available: Cable Tv, Electric, Cable Internet
  • Waste Available: Private Septic
  • Waste Installed: Private Septic
  • Water Available: Private Well
  • Water Installed: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Lot Info

  • Land Features: Level, Rolling, Sloping, Hardwoods, Wooded, Evergreens
  • Lot Dimensions: Irregular - See Survey
  • Percent Wooded: 60
  • Zoning Use Restrictions: Residential, Metes And Bounds
  • Percent Open: 40

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
Jun 6, 2019
Sold by
Bingham Acquisitions Llc
Bought by
Scott John H and Scott Danielle M
Seller's Agent
Victoria Oltersdorf
OLTERSDORF REALTY, LLC
Buyer's Agent
Bob Brick
REMAX Bayshore - W Bay Shore Dr TC
List Price
$429,500
Sold Price
$420,000
Premium/Discount to List
-$9,500
-2.21%
Current Estimated Value
$1,123,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,681
Avg. Annual Appreciation
16.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Scott John H $420,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2019 06/12/19 Sold $420,000 -2.2% --
05/16/2019 05/16/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $429,500 -- --
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 $4,666 $302,900 $0 $0
2024 $34 $295,000 $0 $0
2023 $3,196 $242,700 $0 $0
2022 $4,219 $225,900 $0 $0
2020 $4,083 $205,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1858085

Northern Great Lakes REALTORS® MLS

APN: 001-029-011-06