The average 30 year fixed mortgage rate decreased in 2019 down from 4.54% in 2018 to an annual average of 3.94% in 2019. Above you will find the historical monthly average rate dating back to 2006. December 2019 ended with a monthly average of 3.72%!
Monthly data dating back to 1971 can be found here: http://www.freddiemac.com/pmms/pmms30.html
If you are 5’6” or shorter and stood at the water’s edge of Lake Michigan in 2013 and then stood in the exact same spot this week, your entire head would now be completely underwater. Water levels are now +66” above the record low levels of 2013.
The United States Army Corps of Engineers collects and publishes current / past Lake Michigan water level data which is very important to many property owners in Leelanau County & Grand Traverse County who own real estate on Lake Michigan or Grand Traverse Bay. Their last reading took place on January 17, 2020.
January 17, 2020 581.53 feet
Difference from January 17, 2019 +18 inches
Difference from long term average: +37 inches
Difference from highest monthly average (1987): +3 inches
Difference from lowest monthly average (2013): +66 inches
Projected change in levels by Feb 17, 2020: -1 inches
Click here to open/download the full report for the current month:
http://lre-wm.usace.army.mil/reports/GreatLakes/GLWL-CurrentMonth-Feet.pdf
For more information on current & past historic records regarding the Great Lakes Water Levels please visit: http://www.lre.usace.army.mil/Missions/Great-Lakes-Information/Great-Lakes-Water-Levels/Water-Level-Forecast/Weekly-Great-Lakes-Water-Levels/
LISTING SOLD by Oltersdorf Realty LLC on 1/10/2020
12055 S Elk Run, Traverse City, MI – 2+ Bedroom, 2 Bath Cedar Creek Condominium
Asking Price: $285,000
This bright and cheerful Cedar Creek Condominium features a wonderful open floor plan, living room with vaulted ceiling and gas fireplace, kitchen with white cabinetry, 1475 sq. ft. of finished living area, 2 large bedrooms, main floor den, 1.75 baths, main floor laundry, a/c, private deck, and an attached 2 car garage! Vinyl sided exterior, 2 year old shingled roof, and common grounds offer low maintenance living in a wonderful location adjacent to the Elmwood Township Park and just minutes to the TART trail and Downtown Traverse City. Association amenities building offers an indoor swimming pool and exercise area! Association dues include road maintenance and snow plowing, lawn mowing, amenities building, and trash.
SOLD by Oltersdorf Realty LLC on 1/10/2020
13766 S West Bay Shore Dr #102, Traverse City, MI - 2 Bedroom, 2 Bath Portisde Condominium
Asking Price: $239,900
2 Bedroom, 2 Bath condominium located at the base of Leelanau County! This low maintenance condo features all 1 floor living, private master bath, open living room/kitchen, storage locker, car port, and water views of West Grand Traverse Bay! Easy access to downtown Traverse City on the TART Trail right out your door!
LISTING SOLD by Oltersdorf Realty LLC on 12/16/2019
10049 Fishers Run, Traverse City, MI – Newer 2,175 Sq Ft Home on 1.32 Acres
Asking Price: $375,000
This newer move-in ready west side home built in 2014 is conveniently located across the street from Westwoods Elementary School and just 2.0 miles from Long Lake public access! Home features include 3 bedrooms & 2 baths, 2,175 finished sq ft, an open great room with vaulted ceilings and a gas fireplace, open kitchen/dining with walnut wood floors & granite countertops, spacious main floor master bedroom suite with a tiled glass shower, main floor laundry, upstairs non-conforming 4th bedroom/office, large 320+ sq ft bonus room, and an oversized 3 car attached garage! The full unfinished basement offers potential for additional finished sq footage and is plumbed for an additional bath. Situated on a spacious 1.32 acre parcel with irrigation and a fenced-in rear yard!
SOLD by Oltersdorf Realty LLC on 12/16/2019
2104 Hammond Place E, Traverse City, MI - 2 Bedroom, 2 Bath Hammond Place Condominium
Asking Price: $207,500
Enjoy 1 floor living in this spacious 2 bedroom, 2 bath, 1272 sq ft condominium featuring a large living room with vaulted ceilings, private master bedroom suite with pond views, private courtyard, attached 2 car garage, and low maintenance condo living with an association indoor pool nearby! Photos provided by the Northern Great Lakes REALTORS® MLS.
LISTING SOLD by Oltersdorf Realty LLC on 11/27/2019
261 Red Fox Ridge, Traverse City, MI – 3 Bedroom, 2.5 Bath Port of Old Mission Condominium
Asking Price: $415,000
Beautiful Port of Old Mission condominium conveniently located at the base of Old Mission Peninsula just 3 miles to Downtown Traverse City! This move-in ready low-maintenance condo offers an open great room with cathedral ceilings and a gas fireplace, hardwood floors throughout the entire main floor, spacious main floor master bedroom suite with a walk-in closet, 2nd main floor bedroom/den, main floor laundry and ½ bath, partially covered rear deck offering wooded views and added privacy, and an attached 2 car garage! The walkout lower level features an expansive living room with a wet bar, bedroom, full bath, attractive polished concrete floors, and an abundance of storage space!
SOLD by Oltersdorf Realty LLC on 11/21/2019
N Forest Beach Shores, Northport, MI - Vacant Parcel with 50’ of Sandy Frontage
Asking Price: $160,000
50’ of private direct sandy waterfrontage on Lake Michigan with approved on-site septic location! Gorgeous flat, easy to build vacant lot in popular Cherry Homes north of Northport at the northern tip of Leelanau County! *© Photos provided by the Northern Great Lakes REALTORS® MLS.
LISTING SOLD by Oltersdorf Realty LLC on 11/18/2019
223 E Eleventh Street, Traverse City, MI – 2 Bedroom Ranch in Downtown Traverse City
Asking Price: $239,500
Fantastic location within blocks of Downtown Traverse City! This charming 2 bedroom ranch offers one floor living, hardwood floors, living room with a wood burning fireplace, 2 skylights, 3 seasons rear porch, main floor laundry, newer roof, newer furnace/water heater, and a large fenced-in rear yard with a garage and alley access! Situated on a quiet low-traffic street this home offers a peaceful setting and a low maintenance alternative to a condominium!
LISTING SOLD by Oltersdorf Realty LLC on 11/12/2019
12131 S West-Bay Shore Drive, Traverse City, MI – Walkout Ranch & 135’ of Sandy Beach on West Bay
Asking Price: $1,149,000
Situated in a spectacular location at the base of Leelanau County just 3 miles from Downtown Traverse City this spacious brick walkout ranch home offers ~135’ of direct gently sloping sandy beach frontage on West Grand Traverse Bay ideal for boating & swimming! Distinctive home features include over 5,200+ of finished living area, 5 bedrooms & 3.5 baths, expansive unobstructed water views throughout, living & family rooms on each floor, 2 kitchens, 3 fireplaces, main floor master bedroom suite with an impressive walk-in shower & Jacuzzi tub, attached 3 car garage, and a new composite waterside deck perfect for entertaining! Exceptionally unique opportunity to own on this rarely available stretch of sandy beach within close proximity to downtown!
LISTING SOLD by Oltersdorf Realty LLC on 10/31/2019
4388 N Manitou Trail, Leland, MI – Cottage & 100’ on North Lake Leelanau
Asking Price: $595,000
This charming traditional Leland cottage offers panoramic sunrise water views and 100’ of rarely available private direct sandy walk out sandy water frontage on North Lake Leelanau at this price point!! Features include: Water views throughout, an open great room with a natural fireplace, main level family room, knotty pine interior, hardwood flooring, new carpeting 2019, ~ 2,070 sq ft, 4 bedrooms, 2 baths, 3 season enclosed porch, 1 car garage. This perfect shoreline with a gentle slope to the water’s edge is located just 2 miles north of the Village of Leland and just a short walk to Clay Cliffs Natural Area! This parcel will include a recorded easement location for installation of a future drain field on the parcel across the road.
LISTED & SOLD by Oltersdorf Realty LLC on 10/24/2019
344 W Jefferson Ave, Suttons Bay, MI – Newer Village of SB Walkout Ranch Home
Asking Price: $515,000
This exceptionally unique architecturally designed contemporary home offers a wonderful open floor plan with soaring cathedral ceilings and 7 skylights, an abundance of natural light through the homes large windows and glass door walls, 2,732 sq ft of finished living area, main level master suite & den with a built in Murphy bed, 4 large bedrooms, and 3 baths. Situated within a beautiful wooded and rolling 1 acre parcel in a quiet low traffic neighborhood this home is only a short 2 minute walk to the quaint Village of Suttons Bay’s downtown, theatre, dining, library, and marina! Enjoy seasonal sunrise views as the rising sun over the Village illuminates the woods behind the home and the nighttime Village lights shining over the church spire are truly special!
SOLD by Oltersdorf Realty LLC on 10/17/2019
541 S Nanagosa Trail, Suttons Bay, MI – 3 Bedroom Ranch Home with 102’ on West Bay
Asking Price: $649,900
Nestled within a partially wooded setting on a quiet county maintained paved road on Stony Point Peninsula this ranch home offers desirable one level living! Features include: 3 bedrooms, 2.5 baths, a fantastic kitchen with cherry cabinetry, stainless steel appliances, granite countertops, living room and dining room with a gas two sided fireplace & water views, maple hardwood flooring, main level laundry room, a partially finished basement with 3 daylight windows, 2 car garage, and a waterside covered porch overlooking 102’ of private frontage on West Grand Traverse Bay!
LISTING SOLD by Oltersdorf Realty LLC on 10/17/2019
N Nanagosa Trail, Suttons Bay, MI - ~0.48 Acre Vacant Parcel on Stony Point near Water Access
Asking Price: $39,000
Situated on desirable Stony Point Peninsula this partially wooded affordable lot with seasonal water views offers a wonderful location to build your primary or vacation home on a low traffic county maintained paved road with natural gas and cable/internet! Soil evaluation for on-site septic system has been completed and reasonable restrictions in place. Just a short walk down the road to a public township waterfront park on West Grand Traverse Bay!
LISTING SOLD by Oltersdorf Realty LLC on 10/16/2019
1101 N Morning View Lane, Suttons Bay, MI – Chalet Home on 12.37 Acres
Asking Price: $379,000
Town & Country quality built chalet home with northern white cedar log exterior siding! This 3 bedroom, 2.5 bath, 2,268 sq ft home is located on a beautiful 12.37 acre parcel offering a mixture of open, sloping, wooded topography & distant Bay views! Features include an open great room with cathedral ceilings & tongue-in-groove interior walls, stone fireplace, updated kitchen with stainless appliances & granite countertops, finished walkout lower level, and a new 2.5+ detached garage to go along with a 1 car attached garage! Wonderfully quiet location just 2.5 miles to Suttons Bay!
LISTING SOLD by Oltersdorf Realty LLC on 10/9/2019
$26,000-$13,000 - Lots 72 & 73, E Sugar Maple Drive, Cedar, MI – 1 or 2 Affordable Vacant Lots for Sale
Asking Price: $26,000
Affordable wooded building site in “Sugar Loaf Chalets” only minutes to golf courses & Good Harbor Beach and centrally located within Leelanau County close to Leland, Lake Leelanau, Cedar, Maple City, and Glen Arbor. Neighborhood features underground electric, natural gas, cable, and county maintained roads. Health Department “perc test” / site survey on file for adjacent lot. Purchase lots 72 & 73 together for $26,000 or 1 lot for $15,000 or $13,000.
LISTED & SOLD by Oltersdorf Realty LLC on 10/2/2019
895 N Bay Cliff Drive #23, Suttons Bay, MI – Walkout Ranch Water View Condominium
Asking Price: $475,000
One level living is enjoyed with this beautifully updated condominium offering a very private setting and elevated water views located within the charming Village of Suttons Bay! The spacious open floor plan offers a living room with vaulted 9 ft ceilings and a gas fireplace, maple cabinetry with granite countertops, maple and ceramic tile flooring, 2347 sq ft of finished living area, private deck with electric awning, main floor master bedroom, walkout lower level, and a 2 car attached garage! Amenities include: sandy beach, pool & hot tub, tennis courts, optional marina use, and much more! A long list of 2016 updates include new appliances, freshly painted interior, furnace & water heater, water softener, carpeting, mostly new lighting and plumbing fixtures, blinds, fantastic new laundry/craft storage room, and more! Laundry options available on main and lower levels.
One of the most beautiful, easy-to-build, ~1 acre lots available on desirable Stony Point featuring an abundance of sunny unobstructed year-round southern exposure! It's entirely possible that you will never find a more perfect oasis to build your dream home than at this unique home site. The lot has a high and level building envelope and could offer breathtaking sunrise water views of West Grand Traverse Bay and the “Point of Old Mission” from the second floor of your custom home. A rare opportunity to purchase in “The Points”, a quality neighborhood offering underground utilities including natural gas, county maintained roads, and the best of 2 worlds with a location only 3 miles southeast of the year-round Village of Suttons Bay and just a quick 20+ minutes to Traverse City!
SOLD by Oltersdorf Realty LLC on 10/1/2019
240 E Eleventh Street, Traverse City, MI - Downtown Traverse City 3 Bedroom Home
Asking Price: $279,900
Charming 3 bedroom, 1.5 bath Traverse City home within walking distance of Downtown! Situated on a large 38x165 lot this beautiful home features a wonderful covered front porch, hardwood floors, and a huge oversized garage with alley access!
LISTED & SOLD by Oltersdorf Realty LLC on 9/20/2019
1930 N Blue Water Court, Suttons Bay, MI - Vacant Parcel With Water Views
Asking Price: $69,000
Enjoy panoramic Suttons Bay sunrise water views from this beautiful building site which is one of the best parcels in the development! Owners amenities include use of : 31 acre preserved common area; paved private roads; developer installed underground gas, electric, phone, cable and common drain field system to the lot- reducing your building costs when planning your dream home! Quiet low traffic Leelanau County location within minutes of Suttons Bay, Leland and Omena! WHAT A VIEW!
