4009 Barnes Road, Traverse City - SOLD

SOLD TRAVERSE CITY RANCH HOME

 SOLD by Oltersdorf Realty LLC on 10-2-17
4009 Barnes Road, Traverse City, MI - Ranch Foreclosure
Asking Price: $139,900

Fantastic investor opportunity! This large ranch foreclosure features 3 bedrooms, 1.5 baths, 1900+ sq ft, 2 car garage, fireplace, and a larger 0.71 acre corner lot in Garfield Township just minutes to Meijer, Munson Hospital, and downtown Traverse City!  

121 Lincoln Street, Suttons Bay - SOLD

SOLD VILLAGE OF SUTTONS BAY HOME

SOLD by Oltersdorf Realty LLC on 1/26/2015
121 Lincoln Street, Suttons Bay, MI - Bank Forecosure
Asking Price: $97,900

Rare Village of Suttons Bay foreclosure! This bank owned 3 bedroom, 1 bath, 1100 sq ft fixer upper is located just blocks from the main street in the charming Village of Suttons Bay! The home needs quite a bit of work but could make a nice investment property!

513 St Mary’s Street, Suttons Bay - SOLD

SOLD VILLAGE OF SUTTONS BAY ICONIC BUILDING

513 St Mary's Street, Suttons Bay, MI - 4 Residential Condominiums
 SOLD by Oltersdorf Realty, LLC on 5/23/2013
Asking Price: $175,000

This historic Village of Suttons Bay iconic former school house was built in 1906 and now offers a fantastic opportunity to complete the unfinished renovation project. This is a bank owned foreclosure and 1 out of the 4 converted condominium units has been completed. The entire parcel consists of 5 village lots! Extremely unique property! Oltersdorf Realty, LLC represented the buyer in this transaction.

30 Acres on Stonehouse Rd, Suttons Bay - SOLD

SOLD SUTTONS BAY 30 ACRE VACANT PROPERTY

Stonehouse Rd, Suttons Bay, MI 49682 - 30 Acre Vacant Parcel
LISTING SOLD by Oltersdorf Realty, LLC on 4/12/2013
Asking Price: $150,000

  

A rare find, this 30 acre wooded and rolling building site offers large land division options, development potential or the ability to enjoy an estate size parcel for a primary or vacation retreat! All within a low traffic neighborhood of quality homes just outside the Village of Suttons Bay. Biking distance to the beach, restaurants, shopping, theater and schools!

9771 E Johnson Rd, Northport - SOLD

SOLD NORTHPORT HOME

9771 E Johnson Road, Northport, MI - Bank Owned Foreclosure
SOLD by Oltersdorf Realty, LLC on 3/29/2013
Asking Price: $110,000

Charming 1920’s Leelanau County farmhouse on 2.00 acres close to Northport! This 4 bedroom, 2 bath 1,300 sq ft bank owned foreclosure has beautiful wood floors throughout, open kitchen/ living room, and a private countryside setting!

832 S Pit Rd, Lake Leelanau - SOLD

SOLD LAKE LEELANAU HOME

832 S Pit Rd, Lake Leelanau, MI - Bank Owned Foreclosure
SOLD by Oltersdorf Realty, LLC on 12/21/2012
Asking Price: $114,900

   

Affordable Leland Township ranch home offering 1350+ sq ft, 3 bedrooms, 2 baths, and an oversized 2 car attached garage on 2.00 acres! Fantastic deal on this real estate owned bank foreclosure in beautiful Leelanau County! New carpet interior paint and mechanicals that are less than 15 years old!

2010, 2011, 2012 Leelanau and Traverse City Foreclosures & Short Sale Home Sales

2010,2011,2012 Distressed Home Sales
Leelanau County & Grand Traverse County

It is clear from the pie charts above that the percent of distressed home sales in Leelanau County and Grand Traverse County (Traverse City) has been dropping significantly since 2010. In 2012 only 22.30% of real estate home sales (single family and condominiums) have been foreclosures or short sales. At the end of the year in 2011 that number was higher at 27.79% and was just over 31.67% at year-end in 2010. The percent of foreclosures and short sales sold has dropped almost 10% in 2 years!  One of the most surprising statistics from the data is that more traditional sales have closed already in 2012 (January – September) than all of 2011 and 2010! Homes are selling much better this year than the previous 4 years and it should be interesting to see where the data ends up at the end of 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

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.

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!

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!

W Jefferson Ave, Suttons Bay - SOLD

SOLD SUTTONS BAY VACANT LOT

W Jefferson Ave, Suttons Bay, MI 49682
2.8 Acre Bank Owned Foreclosure within the Village of Suttons Bay
LISTING SOLD by Oltersdorf Realty, LLC on 5/29/2012
Asking Price: $85,000

This gently sloped ~2.8 acre building site located on a paved private drive within the Village of Suttons Bay in Leelanau County offers a wonderful mix of hardwoods and potential second floor seasonal water views!  Exceptionally large parcel enjoys a very private, tranquil setting within a short walk to restaurants, shops, marina, beach, theater and schools!  Call or e-mail for details!

8882 S West-Bay Shore Dr, Leelanau County - SOLD

 SOLD TRAVERSE CITY WATERVIEW HOME

8882 S West-Bay Shore Dr, Traverse City, MI 49684
LISTING SOLD by Oltersdorf Realty, LLC on 4/26/2012
Asking Price: $78,800

Unbelievable Leelanau County / Elmwood Township investment opportunity! This extremely affordable ranch home offers expansive 180 degree West Grand Traverse Bay water views, water/beach access without the tax burden, 2 bedrooms, 1 bath, 2 car garage, hardwood floors, fireplace, newer roof, and a waterside deck! Bank owned foreclosure needs a little TLC but will make a great summer rental or vacation home!

8882 S West-Bay Shore Dr, Traverse City

4598 Arthur Ct, Williamsburg, MI - SOLD

SOLD TRAVERSE CITY HOME

4598 Arthur Ct, Williamsburg, MI 49690
- Close to Downtown
SOLD by Oltersdorf Realty, LLC on 3/2/2012
Asking Price: $274,100

  

This bank owned foreclosure home built in 2003 offers 4000+ sq ft of living space, 5 bedrooms, 4 baths, granite kitchen counters, hardwood floors, natural fireplace, gas fireplace, private master bedroom suite with jet tub, large 3 car attached garage, 2 furnaces and air conditioning! Fantastic Grand Traverse County location only minutes from downtown Traverse City.

W Jefferson Ave, Suttons Bay - NEW LISTING

NEW LISTING

$85,000 - W Jefferson Ave, Suttons Bay, MI 49682 - 2.8 Acre Vacant Parcel

This gently sloped ~2.8 acre building site located on a paved private drive within the Village of Suttons Bay in Leelanau County offers a wonderful mix of hardwoods and potential second floor seasonal water views!  Exceptionally large parcel enjoys a very private, tranquil setting within a short walk to restaurants, shops, marina, beach, theater and schools!  Call or e-mail for details!

PLEASE CLICK HERE FOR ADDITIONAL INFORMATION ON THIS NEW LISTING