13420 S Cedar Rd, Cedar - SOLD

SOLD CEDAR HOME

13420 S Cedar Rd, Cedar, MI - HUD owned foreclosure!
SOLD by Oltersdorf Realty, LLC on 9/24/2012
Asking Price: $106,260

   

Extremely affordable HUD owned foreclosure close to Traverse City! This 3 bedroom, 2 bath ranch home is situated on 10.00 acres and features 1092 finished sq ft, full unfinished basement, 2 car attached garage and an open floor plan! Fantastic Leelanau County location only a short drive to Traverse City!

Photos courtesy of Traverse Area Association of Realtors.

E Smiseth Rd, Suttons Bay - 4.997 Acres - SOLD

SOLD SUTTONS BAY ACREAGE

E Smiseth Rd, Suttons Bay - 4.997 Acres
LISTED AND SOLD by Oltersdorf Realty, LLC on 9/24/2012
Asking Price: $25,000

Rare Acreage Opportunity! This affordable 4.997 acre building site of mature hardwoods and pines in Suttons Bay Township offers a serene and private setting to build your year round or vacation home! Property being sold as-is, buyer to pay for road extension to allow vehicle access. Great Leelanau County location near public water access and the Village of Suttons Bay!

5549 N Manitou Trail - Leland Township - SOLD

SOLD LELAND TOWNSHIP HOME

5549 N Manitou Trail, Northport, MI - Leland Township- Bank Owned Foreclosure
LISTED AND SOLD by Oltersdorf Realty, LLC on 9/18/2012
Asking Price: $60,000

Looking for an “Up North” retreat to get away from it all? This rustic getaway offers 836 sq ft of living area, 2 bedrooms, nice size living, dining and kitchen areas and a garden shed! The property includes ~2.0 acres of wooded acreage and ~220 feet of private Houdek’s Creek frontage surrounded by 200+ acres of land in conservancy! A nature lover’s paradise, enjoy hunting and fishing right outside your own back door! Located on a paved county maintained road within Leland Township!

2454 S Sandy Beach Rd, Lake Leelanau - SOLD

SOLD SOUTH LAKE LEELANAU WATERFRONT HOME

2454 S Sandy Beach Rd, Lake Leelanau - 100' on South Lake Leelanau
LISTING SOLD by Oltersdorf Realty, LLC on 9/7/2012
Asking Price: $495,000

This extensively remodeled spacious home enjoys beautiful sunsets and gradually sloping sugar sand frontage on S Lake Leelanau! The wonderful open and flowing plan of this home features vaulted ceilings, a newer kitchen with quality glazed maple cabinetry and accent lighting, ceramic and wood engineered flooring, updated ceramic tiled baths, newer windows and doors, trex decking, 8 zone u/g sprinkling system and a wonderful waterside covered porch! Includes adjoining back-lot with drain field system!

419 E Nanagosa Ct, Suttons Bay - SOLD

SOLD SUTTONS BAY HOME

419 E Nanagosa Ct, Suttons Bay, MI - Near Water Access
LISTING SOLD by Oltersdorf Realty, LLC on 9/7/2012
Asking Price: $79,000

If you are handy, this listing offers you a rare opportunity to purchase a very affordable home located in a in a great neighborhood of quality homes within walking distance to a beautiful waterfront park and less than a 5 minute drive to the Village. Home features include 1468 sq ft of current living area and a walk out lower level with 987 unfinished sq ft, 3 bedrooms, 1.75 baths, a 290 sq ft covered porch and a 2 car garage! Home being sold “as is” and will require completion!

4498 Buteo Drive, Lot #35, Grayhawk, Traverse City - SOLD

SOLD TRAVERSE CITY WATERVIEW VACANT PARCEL

4498 Buteo Drive, Lot #35, Grayhawk, Traverse City, MI 49684 
LISTING SOLD by Oltersdorf Realty, LLC on 9/6/2012
Asking Price: $189,000

 

Unobstructed views of Old Mission Peninsula and East and West Bays are enjoyed from this exceptional building site located within minutes of downtown Traverse City and Munson Medical Center. Amenities include: a quiet cul-de-sac location, frontage on a paved private road, private association restrictions to assure construction of quality homes, city sewer and water access and lower Township taxes!

1082 S Bay View Trail, Suttons Bay - SOLD

SOLD SUTTONS BAY HOME

1082 S Bay View Trail, Suttons Bay, MI - Shared West Bay Water Access
SOLD by Oltersdorf Realty, LLC on 9/5/2012
Asking Price: $385,000

Wonderful 3 bedroom, 2.5 bath newer home on a 1.00 acre lot on Stony Point Peninsula within a short drive of the charming Village of Suttons Bay. This ranch home features 3200+ finished sq ft with a walkout lower level, professionally landscaped low maintenance yard, extra deep garage, and extremely high quality finishing’s throughout, 3 seasons screened in porch, and more! Close to 182 feet of shared water frontage on West Grand Traverse Bay.

Photos courtesy of Traverse Area Association of Realtors.

4242 Deerfield Ln, Traverse City - SOLD

SOLD TRAVERSE CITY HOME

4242 Deerfield Ln, Traverse City, MI - Near Downtown Traverse City
LISTING SOLD by Oltersdorf Realty, LLC on 8/29/2012
Asking Price: $145,000

Fantastic location just outside the city limits and only minutes to downtown Traverse City! This move-in ready home features over 1500+ square feet of finished living space, 3 bedrooms, 1.75 baths, open kitchen & dining area, main floor & lower level living rooms, large deck, landscaped grounds with underground sprinkler system, 2 car attached garage, garden shed, and is situated in the middle of a 0.50 acre double lot! Recent updates include: roof, natural gas furnace with A/C, vinyl siding, and more!

10481 S Tower Rd, Maple City - SOLD

SOLD MAPLE CITY HOME

10481 S Tower Rd, Maple City, MI
LISTING SOLD by Oltersdorf Realty, LLC on 8/22/2012
Asking Price: $117,000

This charming 1460+ square foot 4 bedroom, 1.75 bath home is located on 2 wonderful acres enjoying beautiful countryside views! Home features include: a main floor living room and a lower level family room, ceramic tile and hardwood flooring, oak kitchen cabinetry, newer mechanicals and appliances, low maintenance vinyl siding, a garden storage shed and an extra deep 2+ car garage. A great central Leelanau County location within 20 minutes of downtown Traverse City and only 6 miles to Glen Lake Schools!

Leelanau County Waterfront Sales Data - 2012

This article has been updated in a more recent post that can be found by clicking here: /blog/2013/1/15/2012-leelanau-county-waterfront-home-sales-data-year-end.html

How are waterfront home sales in Leelanau County doing in 2012 compared to previous years? The simple answer is: unbelievably well. The home sales statistics above compare waterfront real estate homes sold in Leelanau County from January 1, 2012 through July 31, 2012 to the same time period in 2011 and 2010. This includes the townships of Bingham, Centerville, Cleveland, Elmwood, Empire, Glen Arbor, Kasson, Leelanau, Leland, Solon, Suttons Bay, and the City of Traverse City within the southeast corner of Leelanau County. Waterfront home sales that were included in the data are any single family home with private direct frontage or private across the road frontage. Houses located on ponds, creeks, or with shared frontage were not included.

So far this year in all of Leelanau County we have experienced a 92% increase in waterfront home sales dollar volume and over 65% increase in total waterfront homes sold compared to this time in 2011!

To view my previous post on July 18, 2012 covering all Leelanau County home sales data please CLICK HERE.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2012. Undisclosed sales are not included in the data. This is for basic review purposes only. All attempts for accuracy have been made but cannot be guaranteed.

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com

Grand Traverse County Waterfront Sales Data - 2012

This article has been updated with final 2012 figures in a more recent post found by clicking here: /blog/2013/1/15/2012-grand-traverse-county-waterfront-home-sales-data-year-e.html

 

Almost every day we get asked how waterfront home sales in Grand Traverse County and Traverse City are doing in 2012 compared to previous years.  Lately the answer has been FANTASTIC! The home sales statistics above compare waterfront real estate homes sold in Grand Traverse County from January 1, 2012 through July 31, 2012 to the same time period in 2011 and 2010. This includes the townships of Acme, Blair, East Bay, Fife Lake, Garfield, Grant, Green Lake, Long Lake, Mayfield, Paradise, Peninsula, Union, Whitewater, and the City of Traverse City. Waterfront home sales that were included in the data are any single family home with private direct frontage or private across the road frontage. Houses located on ponds, creeks, or with shared frontage were not included.

So far this year in Grand Traverse County we have experienced a 30% increase in waterfront home sales dollar volume and over 35% increase in total waterfront homes sold compared to this time in 2011!

Click Here for: Updated 2012 Grand Traverse Home Sales Data - Posted October 2012

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2012. Undisclosed sales are not included in the data. This is for basic review purposes only. All attempts for accuracy have been made but cannot be guaranteed.

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com

4093 S West-Bay Shore Dr, Suttons Bay - NEW LISTING

NEW LISTING

$465,000 - 4093 S West-Bay Shore Dr, Suttons Bay, MI - 100' on West Grand Traverse Bay

One level living is enjoyed with this ranch home located in a park like setting with a gentle slope to the water's edge and 100 feet of private direct frontage on West Grand Traverse Bay. Features include newer quality cherry kitchen cabinetry, 3 bedrooms, 2.5 baths, 2 fireplaces, attached 2 car garage, newer vinyl siding, and a fully finished walkout lower level with water views, remodeled bath, wet bar, and attractive maple accents! Great location only a quick drive to all of the amenities of Traverse City!

PLEASE CLICK HERE FOR ADDITIONAL INFORMATION ON THIS NEW LISTING

August 2012 Single Family Home Supply

Single Family Home Supply Continues to Decline

LEELANAU COUNTY


GRAND TRAVERSE COUNTY


DOWNTOWN TRAVERSE CITY

As mentioned in my previous post in April, 2012 , Leelanau County, Grand Traverse County, and downtown Traverse City single family home supply continues its decline through August 2012. Although we are without a doubt still in a "buyers market", the decreasing supply of homes combined with increasing sales volume and units sold in both Leelanau County and Grand Traverse County is leading towards a slow shift away from a complete buyers market in Northern Michigan. You can see my previous posts on complete 2012 year-to-date sales data here: 2012 Grand Traverse County Home Sales Data & 2012 Leelanau County Home Sales Data

Click Here for: Updated 2012 Grand Traverse Home Sales Data - Posted October 2012

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com

486 S Lake Leelanau Dr, Leelanau County - SOLD

SOLD LAKE LEELANAU WATERFRONT HOME

486 S Lake Leelanau Dr, Lake Leelanau, MI
250' on South Lake Leelanau
HOME SOLD by Oltersdorf Realty, LLC on 8/1/2012
Asking Price: $447,500

 


Beautiful estate sized waterfront parcel on South Lake Leelanau with 250 feet of private water frontage and 1.60 acres of privacy! Mid century cottage with 5 bedrooms, 1 bath, and 1500 sq ft of finished living space. Great Suttons Bay Township location in Leelanau County only minutes to the town of Lake Leelanau and the Village of Suttons Bay.

2nd Qtr YTD 2012 Leelanau County Home Sales Data

January-June 2012 Leelanau County Home Sales Data

The 2012 YTD 2nd Quarter (January 1 – June 30) home sales data have been posted in the graphs above. The home sales statistics compare real estate housing sold in Leelanau County from January 1, 2012 through June 30, 2012 to the same time period in 2011 and 2010. This includes the townships of Bingham, Centerville, Cleveland, Elmwood, Empire, Glen Arbor, Kasson, Leelanau, Leland, Solon, Suttons Bay, and the City of Traverse City within the southeast corner of Leelanau County.

As you will notice in the housing sales data posted above, 2012 residential real estate sold in Leelanau County has increased significantly compared to 2011 in terms of Average Selling Price (+ 0.28 %) and Median Sale Price (+14.15 %). We also saw a $8.401 Million Dollar increases in total Residential Sales Volume (+ 28.04 %). 31 more Residential Units Sold in Leelanau County so far this year (+ 27.67 %). compared to this point in 2011.

The outlook for the rest of 2012 looks very promising after reviewing these statistics and combining them with my blog post from May 1st, 2012 showing a decrease in Single Family home supply throughout the region.

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2012. Undisclosed sales are not included in the data. This is for basic review purposes only. All attempts for accuracy have been made but cannot be guaranteed.

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com

2012 YTD Grand Traverse County / Traverse City Home Sales Data

January-June 2012 Grand Traverse County & Traverse City Home Sales Data

 

The 2012 2nd Quarter YTD (January 1 – June 30) home sales data for Grand Traverse County have been posted in the graphs above. The home sales statistics compare real estate housing sold in Grand Traverse County from January 1, 2012 through June 30, 2012 to the same time period in 2011 and 2010. This includes the townships of Acme, Blair, East Bay, Fife Lake, Garfield, Grant, Green Lake, Long Lake, Mayfield, Paradise, Peninsula, Union, Whitewater, and the City of Traverse City.

As you will notice in the housing sales data posted above, 2012 residential real estate sold in Grand Traverse County has increased significantly compared to 2011 in terms of Average Selling Price (+ 9.6 %) and Median Sale Price (+5.75 %). We also saw almost a $27 Million Dollar increases in total Residential Sales Volume over this point in 2011 (+ 30.75 %). Residential Units Sold in Grand Traverse County increased by 97 homes (+ 19.2 %).

Click Here for: Updated 2012 Grand Traverse Home Sales Data - Posted October 2012

This report is based upon sales information obtained from the Traverse Area Multiple Listing Service from 2010-2012. Undisclosed sales are not included in the data. This is for basic review purposes only. All attempts for accuracy have been made but cannot be guaranteed.

Jonathan Oltersdorf, Oltersdorf Realty, LLC
Phone: 231-271-7777
E-mail: jonathan@oltersdorf.com

E Spinnaker Ln, Suttons Bay - NEW LISTING

NEW LISTING

$99,000 - E Spinnaker Ln, Lot #3, Suttons Bay, MI - Water Views of West Grand Traverse Bay

Elevated sweeping West Bay and Old Mission Peninsula views are offered from this Suttons Bay building site situated on desirable Stony Point Peninsula. Located in “The Points” development on a paved county maintained road this parcel is only minutes to public water access and the Village of Suttons Bay and only a short distance to Traverse City. Underground natural gas and cable is available, building restrictions protect the quality of view. Build your dream home or prepare for future construction today!

PLEASE CLICK HERE FOR ADDITIONAL INFORMATION ON THIS NEW LISTING

1001 Lexington Dr, Traverse City - SOLD

SOLD TRAVERSE CITY HOME

1001 Lexington Dr, Traverse City, MI
HOME SOLD by Oltersdorf Realty, LLC on 7/13/2012
Asking Price: $179,900

This move-in ready family home is located on a 1.00 acre double lot in a quiet location at the back of Birmley Hills only a few miles south of Downtown Traverse City. Home features include 3 bedrooms, 2 baths, gas fireplace, underground sprinklers, A/C, full unfinished basement, 2 car attached garage, and a beautiful rear patio!

7277 S W Bay Shore Dr, Traverse City - SOLD

SOLD TRAVERSE CITY WATERFRONT HOME

7277 SW Bay Shore Dr, Traverse City, MI
200' on West Grand Traverse Bay
LISTING SOLD by Oltersdorf Realty, LLC on 7/12/2012
Asking Price: $519,000

200 feet of West Grand Traverse Bay private water frontage is enjoyed with this beautiful contemporary home offering over 3200 sq feet offinished living area, 4 bedrooms, 4 baths, 2 fireplaces, hardwood flooring, a finished walkout lower level with kitchenette, large wrap around deck, a wonderfully landscaped yard with perennial gardens, brick pavers patio, u/g sprinkling system and sandy beach area! Ideal primary or second home within 6.5 miles of Traverse City in beautiful Leelanau County!

1027 S Nanagosa Trail, Suttons Bay - SOLD

SOLD SUTTONS BAY WATERFRONT HOME

 1027 S Nanagosa Trail, Suttons Bay, MI
 100' on West Grand Traverse Bay
LISTING SOLD by Oltersdorf Realty, LLC on 7/10/2012
Asking Price: $397,000

  

This contemporary cedar sided year round home offers a living/dining area with two story cathedral ceilings, 1823+ sq ft of finished living area, a main floor master bedroom suite, waterside year round sun room, 3 bedrooms, 2.5 ceramic tiled baths, basement, oversized 2 car attached garage, large waterside decks and 100 feet of direct frontage on West Grand Traverse Bay! Tranquil very private waterfront setting with English gardens creates an additional outdoor recreational space!