8124 S Shoreside Drive, Traverse City – SOLD

SOLD ELMWOOD TOWNSHIP HOME

LISTING SOLD by Oltersdorf Realty LLC on 4/29/2020
8124 S Shoreside Drive, Traverse City, MI – 4 Bedrooms & 230’ of Shared Frontage on West Bay
Asking Price: $280,000

Immaculate move-in ready 2 story home situated within a wonderful neighborhood offering 230’ of shared West Bay sandy waterfrontage! This exceptionally well-maintained ~1,776 sq ft home features 4 bedrooms, 2.5 baths including a private master bath, updated kitchen with new granite countertops and a breakfast bar, formal dining room, main floor living & family rooms, new paint throughout, large rear deck, A/C, newer shingles, natural gas generator, partial basement, and an attached 2 car garage! The spacious 0.53 acre level lot has a large yard with an underground sprinkler system and is located on a quiet county maintained paved road just 7 miles to downtown Traverse City!

11654 E Belanger Woods Dr, Suttons Bay - SOLD

SOLD SUTTONS BAY WATER VIEW LOT

LISTING SOLD by Oltersdorf Realty LLC on 4/10/2020
11654 E Belanger Woods Dr, Suttons Bay, MI - Water Views of Grand Traverse Bay
Asking Price: $66,000

Wonderful building site offering beautiful Bay views and shared creek frontage on Belanger Creek! This quality development offers 8.5 acres of common open space, paved private roads, underground utilities including natural gas, cable, and more! A great lot in a convenient location just north of Suttons Bay and within 30 minutes of Traverse City! Lot 2 offers gently sloping topography and easy driveway access.

902 Hammond Place North, Traverse City – SOLD

SOLD TRAVERSE CITY HAMMOND PLACE CONDO

LISTING SOLD by Oltersdorf Realty LLC on 4/10/2020
902 Hammond Place North, Traverse City, MI – 2 Bedroom, 2 Bath Condo with a 2 Car Garage
Asking Price: $199,900

Desirable standalone ranch style condominium located within the popular Hammond Place Community! This wonderful one story home features 1,184 sq ft, 2 bedrooms and 2 baths including a private master bath, a kitchen with newer appliances and Corian countertops, main floor laundry, skylights for additional natural light, a large 2 car attached garage, forced air natural gas heat (2009), and central air. The courtyard offers a relaxing private outdoor space with a delightful covered rear porch that most units do not have and an ideal perimeter location within the development offering nice rear views! Association amenities include a clubhouse with an indoor pool for year-round use! Just minutes to downtown Traverse City!  

4037 E Yule Tree Lane, Lake Leelanau – SOLD

SOLD LAKE LEELANAU LOG HOME

LISTING SOLD by Oltersdorf Realty LLC on 3/25/2020
4037 E Yule Tree Lane, Lake Leelanau, MI - Log Home on 2.5 Acres
Asking Price: $265,000

This charming log home is nestled within a wonderfully private, wooded, and gently sloping 2.5 acre parcel! Built in 2003 this home features full log exterior walls, great room with cathedral ceiling and a woodstove, hardwood flooring, maple cabinetry, 3 bedrooms, loft, Pella windows, full partially finished walkout basement plumbed for a 3rd bathroom, a wonderful 17ft covered front porch, and a 2 car detached garage. Picturesque central Leelanau location near Lake Michigan and Lake Leelanau beaches while also offering the feeling of seclusion with this “Up North” style home! 

435 Munson Place, Traverse City – SOLD

SOLD TRAVERSE CITY RANCH HOME

LISTING SOLD by Oltersdorf Realty LLC on 3/25/2020
435 Munson Place, Traverse City, MI - Remodeled Downtown Traverse City Home
Asking Price: $199,900

Charming Downtown Traverse City ranch featuring desirable one floor living! Situated on a dead-end road this quaint home offers a wonderful low maintenance alternative to a condo with a peaceful private rear yard! Completely remodeled in 2016 with almost everything new including shingles, siding, 24’x24’ garage, concrete driveway, windows, furnace, electrical, appliances, bathroom, flooring, granite countertops, and much more! Perfect move-in ready home at a great price on a large 69’x165’ lot! R-15 Multi-Family Zoning allows for a variety of potential uses!

1942 N Blue Water Ct, Suttons Bay - SOLD

SOLD SUTTONS BAY WATER VIEW LOT

LISTING SOLD by Oltersdorf Realty LLC on 3/9/2020
1942 N Blue Water Ct, Suttons Bay, MI - Water Views of Suttons Bay & West Bay
Asking Price: $81,000

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!

11255 E Fort Road, Unit B-3, Suttons Bay – SOLD

SOLD SUTTONS BAY CONDOMINIUM

SOLD by Oltersdorf Realty LLC on 2/28/2020
11255 E Fort Road, Unit B-3, Suttons Bay, MI – 3 Bedroom, 2 Bath York Condominium
Asking Price: $164,000

Desirable 3 bedroom, 2 full bath York Condominium offers an open living room, main floor bedroom & full bath, natural gas forced air heat, and a finished walk out lower level. Low maintenance and very conveniently located just 10 minutes from Traverse City and close to West Bay water access and the Leelanau Bike Trail. Association fee covers exterior building maintenance, lawn care, snow removal, garbage, community septic & well, and use of an in-ground swimming pool and tennis courts!

9363 E Summerfield Drive, Traverse City – SOLD

SOLD TRAVERSE CITY VACANT LOT

SOLD by Oltersdorf Realty LLC on 2/18/2020
9363 E Summerfield Drive, Traverse City, MI - 0.61 Acre Parcel in Leelanau Highlands
Asking Price: $32,000

Wonderful Leelanau County vacant parcel located in the popular Leelanau Highlands Development located between Suttons Bay and Traverse City! This affordable parcel offers underground utilities, natural gas, cable, development sidewalks, and rolling countryside views!

1431 S Bay View Trail, Suttons Bay – SOLD

SOLD SUTTONS BAY WATER VIEW HOME

LISTING SOLD by Oltersdorf Realty LLC on 2/13/2020
1431 S Bay View Trail, Suttons Bay, MI – Home with Elevated Water Views & Shared West Bay Access
Asking Price: $588,500

Stunning elevated 180 degree water views of West Grand Traverse Bay and Old Mission Peninsula are enjoyed from throughout this beautifully finished home offering ~3,065 finished sq. ft. of finished living area; a large living room with vaulted ceilings, hardwood flooring and a gas fireplace; a chef’s dream kitchen with high end Wolf and sub-zero stainless steel appliances, custom cherry Grabill cabinets, tiled glass backsplash, under cabinet lighting, large island, granite countertops, pantry and cork flooring; open dining area with custom built-in cabinetry and accent lighting; large windows and Andersen door walls offering spectacular Bay view’s and an abundance of natural light; 2 wonderfully remodeled master bedroom suites both with large walk-in closets and luxurious private baths; partially finished walk out lower level with a family room and storage areas; 3 season screened-in porch; partially fenced yard; generator; and 182’ of shared West Bay water frontage! An ideal primary or second home situated in a tranquil low maintenance cul-de-sac location with 5 exterior sitting/entertaining areas including “butterfly hill”!

2019 Leelanau County Year-End Home Sales Data

2019 Leelanau County Year-End Home Sales

Units Sold: +10.57% above 2018
Volume Sold: +21.99% above 2018
Average Sales Price: +10.32% above 2018
Median Sales Price: +6.70% above 2018

(click photos below to enlarge)

The 2019 year end (January 1 – December 31) home sales data have been posted in the charts above. The home sales statistics compare real estate housing sold in Leelanau County from January 1, 2019 through December 31, 2019 to the same time period in 2018, 2017, 2016, 2015, 2014, 2013, 2012, 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.

This report is based upon sales information obtained from the Northern Michigan Realtors MLS from 2004-2019. 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

2019 Leelanau County Year-End Vacant Land Sales Data

2019 Year-End
Leelanau County
Vacant Land Sales

Units Sold: -12.71% below 2018
Volume Sold: -22.85% below 2018
Average Sales Price: -11.60% below 2018
Median Sales Price: -8.76% below 2018

(Click photos below to enlarge)

The 2019 year end (January 1 – December 31) vacant land sales data have been posted in the charts above. The vacant land sales statistics compare real estate vacant parcels sold in Leelanau County from January 1, 2004 through December 31, 2019. 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.

Vacant land sales saw a significant decrease in activity during 2019 compared to 2018. We think this is partly because of the high cost of new construction and long wait times for new construction have pushed more buyers to buy existing homes, and partly due to the lack of remaining waterfront vacant lots in Leelanau County!

This report is based upon sales information obtained from the Northern Great Lakes Realtors MLS. 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 

2019 Leelanau County Building Permits

In 2017 we saw the largest total amount of Leelanau County building permits issued since 2007 with 739 building permits issued throughout all of Leelanau County. In 2018 the number decreased slightly to 713 total permits issued and fell drastically to 551 permits in 2019. The total dollar value of permits issued increased slightly from $64.18 Million in 2017 to $65.95 Million in 2018, and settled slightly at $64.78 Million in 2019. It seems that local builders are starting to take on fewer projects, although much larger projects such as new construction instead of small remodels.

2019 Grand Traverse County Year-End Home Sales Data

2019 Grand Traverse County Year-End Home Sales Data

Units Sold: +9.70%
Volume Sold: +16.69%
Average Sales Price: +6.37%
Median Sales Price: +8.30%

(click photos below to enlarge)

The 2019 year-end (January 1 – December 31) home sales data for Grand Traverse County has been posted in the charts above. The home sales statistics compare real estate housing sold in Grand Traverse County from January 1, 2019 through December 31, 2019 to the same time period in 2018, 2017, 2016, 2015, 2014, 2013, 2012, 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.

Overall Grand Traverse County residential home sales boomed in 2019 setting new all-time record highs. In 2019 Grand Traverse County Home Sales Units Sold increased +9.70%, Volume Sold increased +16.69%, Average Sales Price increased +6.37%, and Median Sales Price increased +8.30%.

This report is based upon sales information obtained from the Northern Michigan Realtors MLS from 2004-2019. 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

2020 Current Lake Michigan Water Levels

2020 Current Lake Michigan Water Levels

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/

12055 S Elk Run, Traverse City – SOLD

SOLD TRAVERSE CITY CONDOMINIUM

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.

13766 S West Bay Shore Dr #102, Traverse City – SOLD

SOLD TRAVERSE CITY CONDOMINIUM

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!

10049 Fishers Run, Traverse City – SOLD

SOLD TRAVERSE CITY HOME

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!

2104 Hammond Place E, Traverse City - SOLD

SOLD TRAVERSE CITY CONDOMINIUM

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.

261 Red Fox Ridge, Traverse City – SOLD

SOLD OLD MISSION PENINSULA CONDOMINIUM

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!