8 months on rocket

V/L Zimmerman Rd, Traverse City, MI, 49685

$849,000

21.79 Acres
Land

Location

Image provided by Mapbox

Property Highlights

WaterfrontNone
MLS #1919888
Lot Size21.79 Acres
StatusActive

About V/L Zimmerman Rd

Prime 22 acre single family development parcel. Located on westside of Traverse City, close to downtown amenities and Munson Medical campus. Access from both Zimmerman Rd and Herkner Rd, with potential for access from N Long Lake. Currently consists of 33 single family site condo lots. Condo docs allow for contraction to create a separate parcel. The Cottages single family development and the new Meadow Valley senior living community are to the north. West Senior High is across N Long Lake Rd and convenient to Long Lake Elementary and West Middle School. Sidewalk and walking path have been completed. Perfect for home builder or investor looking to create Traverse City’s first single family home rental community. All utilities including municipal water/sewer available.

Property Details

Property Features

Listing Office:

  • Office Name: Three West, LLC
  • Office Phone: (231) 929-2955
  • Listing Agent: Bill Somerville

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Sidewalks, Development Property

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 21.79 Acres

Other

Directions Information:

  • Directions: Southern portion of Long Lake Rd development. Entrance off Zimmerman Rd on east side between Buckhorn Dr and Westchester Commons.

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
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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

V/L Zimmerman Rd vs Traverse City

259 DAYS ON ROCKET

+186 Days

$849,000

+$402.2K More

KEY TAKEAWAY

This property is $402.2K more 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: #1919888

Listing Office:

  • Office Name: Three West, LLC
  • Office Phone: (231) 929-2955
  • Listing Agent: Bill Somerville

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: 11/21/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

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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.

Nearby Schools

school-card-donut-322769
4
/10
  • Silver Lake Elementary School

  • 5858 Culver Rd

  • 2.24 miles

  • Public District Grades PK-5

school-card-donut-322770
5
/10
  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 2.91 miles

  • Public District Grades PK-5

school-card-donut-322771
7
/10
  • Central Grade Elementary School

  • 301 7th St

  • 3.42 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,344. The majority of Traverse City, MI residents have income between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About V/L Zimmerman Rd

What is the listing price of this property?

The listing price of V/L Zimmerman Rd property is $849,000.

What type of property is this?

The property V/L Zimmerman Rd is land located in Traverse City, Michigan, 49685.

Is this property for sale now?

Active Listing: V/L Zimmerman Rd is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property V/L Zimmerman Rd is 21.79 acres.
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Rocket HomesMichiganGrand Traverse CountyTraverse City49685V/L Zimmerman Rd

This home is located at V/L Zimmerman Rd in Traverse City, MI and zip code 49685. This home sits on a 21.79 acre lot. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $849,000.

In October 2024 more than 19 listings in Traverse City, MI were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 41 were sold below. The number of homes for sale in Traverse City, MI increased by 5.3% between September 2024 and October 2024. In October 2024 median list price was $446,781 and the average listing age was 73 days.

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

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