There’s something special about Leelanau, and the community that brings you home to that special feeling is Leelanau Highlands. Minutes from Traverse City & Suttons Bay, views of West Bay and rolling countryside, traditional and estate proportioned sites, lighted sidewalks & community park, protected building restrictions & protected wooded building sites. Close to public boat launches and Leelanau trail. Underground utilities, natural gas service, cable & phone. Traverse City Schools by choice or Suttons Bay Schools.
Property Details
Property Features
Listing Office:
Office Name: REO-TCRandolph-233022
Office Phone: (231) 946-4040
Listing Agent: Linda A Schaub
Lot Features
Lot Information:
Lot: Sloped
Lot Size: 0.69 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $32,000
HOA Fees:
Amount: $1030
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Traverse City, MI.
This property is $418K 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: Aspire North REALTORS
MLS Number: #78080050978
Listing Office:
Office Name: REO-TCRandolph-233022
Office Phone: (231) 946-4040
Listing Agent: Linda A Schaub
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$312
Per Month
Principal & Interest
$160
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$85
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$162
Powered By
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Willow Hill Elementary School
1250 Hill St
Distance between this listing and this school6.42 miles
Public District Grades PK-5
7
/10
Old Mission Peninsula School
2699 Island View Rd
Distance between this listing and this school7.29 miles
Public Charter Grades KG-6
7
/10
Central Grade Elementary School
301 7th St
Distance between this listing and this school7.40 miles
Public District Grades PK-5
Nearby Schools
9
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school7.40 miles
Public District Grades PK-7
7
/10
Traverse City West Middle School
3950 Silver Lake Rd
Distance between this listing and this school8.35 miles
Public District Grades 6-8
6
/10
Traverse City East Middle School
1776 3 Mile Rd N
Distance between this listing and this school11.95 miles
Public District Grades 6-8
Nearby Schools
8
/10
Suttons Bay Middle/High School
PO Box 367 500 South Elm St,
Distance between this listing and this school7.43 miles
Public District Grades 6-12
3
/10
Suttons Bay Virtual School
310 S Elm St
Distance between this listing and this school7.51 miles
Public District Grades KG-12
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school7.65 miles
The neighbors living near this home have an average income of $112,500. The majority of Traverse City, MI residents have income between $100k-200k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8051 E Summerfield Dr
What is the listing price of this property?
The listing price of 8051 E Summerfield Dr property is $32,000.
What type of property is this?
The property 8051 E Summerfield Dr is land located in Traverse City, Michigan, 49684.
Is this property for sale now?
Active Listing: 8051 E Summerfield Dr is For Sale (Active/New) which means the seller is accepting offers.
How much acreage is this property?
The property 8051 E Summerfield Dr is 0.69 acres.
Interested in 8051 E Summerfield Dr? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 8051 E Summerfield Dr in Traverse City, MI and zip code 49684. This home sits on a 0.69 acre lot. It has been listed on Rocket Homes since September 25, 2024 and is currently priced at $32,000.
While more than 8 listings in Traverse City, MI in November 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 54 were sold below. The number of listings in Traverse City, MI decreased by 8.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 84 days, the median list price was $450,000.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. 
Hunting
Hunting
Figure Skating
NASCAR
Dillards
Dick's Sporting Goods
Dollar General
Cracker Barrel
Texas Roadhouse
Applebees
Cadillac
Subaru
Ram
News/Talk/Information
New Country
Classic Country