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4616 Luanne Ln, Traverse City, MI, 49685

$40,000

0.50 Acres
Land

Location

Image provided by Mapbox

Property Highlights

WaterfrontNone
MLS #1927630
Lot Size0.50 Acres
StatusActive

About 4616 Luanne Ln

Welcome to 4616 Luanne Ln! This listing offers a .5 acre parcel, making it a spacious and versatile option for your residential or multifamily needs. The land has been cleared and leveled, providing a ready canvas ready for your dream project. Zoned residential and Blair township allowing multifamily use, this property offers tremendous potential for developers, investors, or those looking to build their own custom home. Take advantage of the flexibility and possibilities this zoning provides. Situated on sandy loam soil, you'll benefit from a stable foundation for construction and landscaping. The surrounding area is adorned with beautiful hardwood trees, creating a picturesque setting that blends nature's tranquility with the convenience of living near Traverse City. Located just 3 miles from Chums Corners, this property offers easy access to a variety of amenities, including shopping centers, restaurants, and entertainment options. The convenient location ensures you're never far from the essentials, while still providing a peaceful retreat away from the hustle and bustle. Don't miss this opportunity to secure a .5 acre parcel in a desirable location. Whether you're looking to build your dream home or develop a multifamily project, 4616 Luanne Ln presents endless possibilities.

Property Details

Property Features

Listing Office:

  • Office Name: REO-TCFront-233021
  • Office Phone: (231) 947-9800
  • Listing Agent: Leanne Deeren

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Countryside View

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.50 Acres

School Info

Assigned Schools Information:

  • West Senior High School, Public District Grades 9-12
  • West Middle School, Public District Grades 6-8
  • East Middle School, Public District Grades 6-8
  • Blair Elementary School, Public District Grades PK-5
  • Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Chums Corner travel south in M-37 1 miles to right on Vance Rd. Turn left on Sawyer Rd and travel 1 mile to left on Luanne Ln. Property on left (on the north side of the road).

Price Information

Listing Price Info

Price Summary:

  • List Price: $40,000

Tax Information:

  • Annual Amount: $424
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

4616 Luanne Ln vs Traverse City

38 DAYS ON ROCKET

-35 Days

$40,000

-$406.7K Less

KEY TAKEAWAY

This property is $406.7K less than the Median Sold Price in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1927630

Listing Office:

  • Office Name: REO-TCFront-233021
  • Office Phone: (231) 947-9800
  • Listing Agent: Leanne Deeren

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$424$17,300
2020$244$14,600
2019 - $13,600
2018 - $13,500
2017 - $13,900

History based on county public records data.

Payment Calculator

$267

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1705289
3
/10
  • Blair Elementary School

  • 1625 Sawyer Rd

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-1705290
9
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 7.25 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1705291
7
/10
  • West Middle School

  • 3950 Silver Lake Rd

  • 6.29 miles

  • Public District Grades 6-8

school-card-donut-1705292
6
/10
  • East Middle School

  • 1776 3 Mile Rd N

  • 6.86 miles

  • Public District Grades 6-8

High School

school-card-donut-1705293
8
/10
  • West Senior High School

  • 5376 N Long Lake Rd

  • 6.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,650. The majority of Traverse City, MI residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4616 Luanne Ln

What is the listing price of this property?

The listing price of 4616 Luanne Ln property is $40,000.

What type of property is this?

The property 4616 Luanne Ln is land located in Traverse City, Michigan, 49685.

Is this property for sale now?

Active Listing: 4616 Luanne Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4616 Luanne Ln are:
Blair Elementary School: GreatSchools Rating 3/10
Tcaps Montessori School: GreatSchools Rating 9/10
West Middle School: GreatSchools Rating 7/10
East Middle School: GreatSchools Rating 6/10
West Senior High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $424 (source: MLS/based on county public records data).

How much acreage is this property?

The property 4616 Luanne Ln is 0.50 acres.
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Rocket HomesMichiganGrand Traverse CountyTraverse City496854616 Luanne Ln

This home is located at 4616 Luanne Ln in Traverse City, MI and zip code 49685. This home sits on a 0.50 acre lot. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $40,000.

Traverse City, MI housing market in October 2024 saw over 19 listings sold above listed price, more than 23 sold at listed price and over 41 sold below. In October 2024 in Traverse City, MI there were 5.3% more homes for sale than in September 2024. Listings spent 73 days on the market in October 2024, and had a median list price of $446,781 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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