Great location and rare find to build your perfect dream home. Civic Center is across the street. Public beaches, tart trail, shopping, eateries, Northwest Michigan College and many other amenities are nearby. Small garage on property is not serviced by any utilities and is included "AS IS". Currently zoned R-1b. Buyer to verify allowable uses specific to this property with the City of Traverse City Planning/Zoning Department. Adjacent Lot to the south is also available for sale (Lot 18) see MLS#1948481 for details.
Lot/land
$209,900
315 Fair St, Traverse City, MI 49686
--beds
--baths
7,840Square Feet
Unimproved Land
Built in ----
7,840 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 25 days |
- 153 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Kim Schmerheim 231-947-9800,
REO-TCFront-233021 231-947-9800
Source: NGLRMLS,MLS#: 1948480
Facts & features
Property
Features
- Exterior features: None
- Waterfront features: None
Lot
- Size: 7,840 Square Feet
- Dimensions: 50 x 165
- Features: Level
Details
- Parcel number: 285158200810
- Zoning description: Platted Subdivision
Utilities & green energy
- Sewer: Public Sewer, None
- Water: Public, None
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Features: None
- Subdivision: Foster and Crotsers Addition
Location
- Region: Traverse City
Financial & listing details
- Tax assessed value: $15,263
- Annual tax amount: $555
- Price range: $209.9K - $209.9K
- Date on market: 7/27/2026
- Cumulative days on market: 26 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
Estimated market value
Not available
Estimated sales range
Not available
$1,986/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Listed for sale | $209,900-10.7% |
Source:  NGLRMLS #1948480 Report a problem | ||
| 5/16/2026 | Listing removed | $235,000 |
Source: NGLRMLS #1943004 Report a problem | ||
| 3/15/2026 | Listed for sale | $235,000-4.1% |
Source: NGLRMLS #1943004 Report a problem | ||
| 3/13/2026 | Listing removed | $245,000 |
Source: NGLRMLS #1941734 Report a problem | ||
| 1/16/2026 | Listed for sale | $245,000 |
Source: NGLRMLS #1941734 Report a problem | ||
| 1/15/2026 | Listing removed | $245,000 |
Source: NGLRMLS #1941148 Report a problem | ||
| 12/14/2025 | Listed for sale | $245,000-2% |
Source: NGLRMLS #1941148 Report a problem | ||
| 12/14/2025 | Listing removed | $250,000 |
Source: NGLRMLS #1940486 Report a problem | ||
| 11/13/2025 | Listed for sale | $250,000 |
Source: NGLRMLS #1940486 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $555 +7.5% | $80,600 +17.3% |
| 2024 | $516 +4.7% | $68,700 +49.3% |
| 2023 | $493 +2.1% | $46,000 +5.7% |
| 2022 | $483 +1% | $43,500 +2.6% |
| 2021 | $478 +0.3% | $42,400 +16.8% |
| 2020 | $477 | $36,300 +17.9% |
| 2019 | $477 +2.1% | $30,800 +6.2% |
| 2018 | $467 | $29,000 +12.8% |
| 2017 | -- | $25,700 +28.5% |
| 2016 | -- | $20,000 +22.7% |
| 2014 | -- | $16,300 +0.6% |
| 2012 | -- | $16,200 |
| 2011 | -- | $16,200 -23.6% |
| 2010 | -- | $21,200 |
| 2009 | -- | $21,200 -3.2% |
| 2008 | -- | $21,900 |
| 2007 | -- | $21,900 +0.4% |
| 2005 | -- | $21,810 +35.1% |
| 2004 | -- | $16,140 +0.1% |
| 2003 | -- | $16,130 |
| 2002 | -- | $16,130 |
| 2001 | -- | $16,130 +52.2% |
| 2000 | -- | $10,600 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 49686
Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 7/10Central High SchoolGrades: 8-12Distance: 0.4 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 3.9 mi
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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