Sold
Last Sold Price
675 sqft
13425 South Bugai Road, Traverse City, MI 49684
Multi FamilyProperty Type
5.27 acresLot Size
1970Year Built
$281/sq ftPrice per sq ft

Description

INCOME PROPERTY: Just 3 miles to downtown Traverse City in desirable Elmwood Township, this ranch-style 4-plex sits on 5 acres and has a solid rental history. Each unit features one bedroom plus a den and most have been updated. Paved, county maintained road in a nice country setting just minutes from downtown!INCOME PROPERTY: Just 3 miles to downtown Traverse City in desirable Elmwood Township, this ranch-style 4-plex sits on 5 acres and has a solid rental history. Each unit features one bedroom plus a den and most have been updated. Paved, county maintained road in a nice country setting just minutes from downtown!
  • Listed by: Matthew M Geib 231.357.3265 matt@lakeandtrailproperties.com • Century 21 Northland
Listing closed: 10/14/2016 12:00 AM • Source: Realcomp, MLS#: 78001332361

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Recent comparable sales

Median sold price

$220,000

Avg days on market

92

Sale-to-list ratio

111.5%

Traverse City, MI

9 comparable properties found

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1

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Unavailable
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Square Feet
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$220,000 | 1638-1640 South Garfield Avenue, Traverse City, MI 49686
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$175,000 | 0 Northeast NE-Li-Wa Lane, Traverse City, MI 49684
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$220,000 | 9768 East Avondale Lane, Traverse City, MI 49684
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$220,000 | 9768 East Avondale Lane, Unit LOT: 44, Traverse City, MI 49684
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$145,000 | 13 East Rolling Hills Drive, Traverse City, MI 49684
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$185,000 | 13973 South Winding Trail, Unit LOT 13 LOT: LOT 13, Traverse City, MI 49684
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Sold 03/25/26

Unavailable
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$185,000 | 13973 South Winding Trail, Traverse City, MI 49684
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Sold 03/25/26

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$350,000 | 10500 East Traverse Highway, Traverse City, MI 49684
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Unavailable
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Location

Listing Courtesy of Century 21 Northland

Sold By Three West, LLC

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Payment Calculator

$1,404 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,014

Property Taxes

$390

HOA Dues

$0

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Property Information for 13425 South Bugai Road

Property Details
  • MLS Type: Residential Income / Multi Family
  • Subdivision Name: Metes and Bounds
  • Architectural Style: 1 Story
  • Zoning Description: Agricultural
Building Information
  • Residences: 4
  • Year Built: 1970
  • Lot Size: 5.27 AC / 229,561 SF
Summary
Location and General Information
  • Directions: M72 West to Bugai Rd. North on Bugai approximately 1/2 mile to property.
  • Latitude: 44.783932
  • Longitude: -85.694004
  • MLS Area Major: Elmwood Twp (45004)
Taxes and HOA
  • Parcel Number: 00403102400
  • Tax Legal Description: Lengthy Legal
Property
Lot Information
  • Lot Size Acres: 5.27
  • Lot Size Dimensions: 5.27 acres
Property and Assessments
  • State Equalized Value: 93100.0
  • Living Area: 675.0
  • Building Area Total: 675.0
  • Above Grade Finished Area: 675.0
  • Above Grade Finished Area Units: Square Feet
  • Class Name: Residential Income
  • Year Built: 1970
Building Features
  • Building Features: Sidewalks
  • Foundation Details: Slab
  • Levels: One
  • Stories Total: 1
Utilities
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well
Interior and Exterior Features
Interior Features
  • Appliances: Disposal, Oven, Refrigerator, Range
  • Has Basement: No
  • Has Cooling: No
  • Heating: Baseboard, Electric
  • Has Heating: Yes
  • Window Features: Window Treatments
Exterior Features
  • Community Features: Sidewalks
Multi Family
Multi Family Information
  • Number of Units Total: 4
Income & Expenses
  • Net Operating Income: $16,411.00
  • Operating Expense: $7,949.00
Unit Information
Unit 1
  • Total Rent: $550.00
  • Type: Unknown Data Share
Unit 2
  • Total Rent: $500.00
  • Type: Unknown Data Share
Unit 3
  • Total Rent: $500.00
  • Type: Unknown Data Share
Unit 4
  • Total Rent: $480.00
  • Type: Unknown Data Share
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Lease Terms Available: Month To Month, Other
  • Rent Includes: Water

Property History for 13425 South Bugai Road

DateEvent & SourcePriceAppreciation
Oct 14, 2016

Sold

Realcomp #78001332361

$190,000—
Oct 14, 2016

Sold

MiRealSource #1332361

$190,000—
Sep 8, 2016

Contract Signed

Realcomp #78001332361

—
DateEvent & SourcePrice
10/14/2016

Sold

Realcomp #78001332361

$190,000
10/14/2016

Sold

MiRealSource #1332361

$190,000
09/08/2016

Contract Signed

Realcomp #78001332361

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 13425 South Bugai Road

Taxable ValueLand-Additions-Total-
Tax Record2025$4,681 ($390 / month)
Home Facts
Beds0Baths4Total Finished SqFt2,736 SqFtAbove Grade Finished SqFt2,736 SqFtLot Size229,561 SqFtStyleSingle Family ResidenceYear Built1970Year Renovated1970CountyLEELANAUAPN004-031-024-00

Schools near 13425 South Bugai Road

This home is within Traverse City Area Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Long Lake Elementary School
PublicPK to 5

West Middle School
Public6 to 8

West Senior High
Public9 to 12

Tcaps Montessori School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Northland

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 12/09/2023 09:01 PM PST