Foreclosure for Sale on Vale Dr, Traverse City, MI 49686

Foreclosures โ€บ Michigan โ€บ Grand Traverse โ€บ Traverse City โ€บ Vale Dr
Pre-foreclosure property at Vale Dr, Traverse City, MI 49686. 2 bed 1 bath 960 sq ft Grand Traverse County foreclosure listing.
Pre-foreclosure Active 128 days on market
Vale Dr, Traverse City, MI 49686
Price TBD
Grand Traverse County ยท Michigan
2
Bedrooms
1
Bathrooms
960
Sq ft
2002
Year built
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Property details
Listing type Preforeclosure
Property type Condo
Bedrooms 2
Bathrooms 1
Living area 960 sq ft
Year built 2002
County Grand Traverse County
State Michigan
ZIP 49686
Days on Market 128 days
Listing ID 65030005
About this property

This home in Traverse City, MI is in preforeclosure, which means the homeowner is in default (missed payments). Therefore, there could be an opportunity to strike a great deal with the owner and the bank.

๐Ÿ“Š Grand Traverse County Market ยท Updated daily
Active Listings
58
Avg. Est. Value
$54,900
Bank-Owned (REO)
1
Pre-Foreclosures
57

24 active foreclosure listings in Traverse City, MI.

Browse all Grand Traverse County foreclosures โ†’
โ“ Frequently Asked Questions
This is a pre-foreclosure property. The homeowner is behind on mortgage payments but the property has not yet been auctioned. Buyers can negotiate directly with the owner, arrange financing, and conduct a full inspection โ€” often at a price below market value.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Grand Traverse County foreclosures for additional guidance on the purchase process.
There are currently 24 active foreclosure listings in Traverse City, MI. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Traverse City, MI Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 49686 ยท U.S. Census ACS
Population
25,282
Median Age
46.8 yrs
Households
11,569
Median Household Income
$67,279
Median Home Value
$276,600
Median Rent
$1,137/mo
Owner-Occupied
70% of homes
Vacancy Rate
13% of units
Unemployment Rate
3.7%

~32% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 49686
๐Ÿซ Elementary
Eastern Elementary School
Grades Pre-Kโ€“5ยทTRAVERSE CITY ZIP 49686
๐ŸŽ“ High
Central High School
Grades 8โ€“12ยทTRAVERSE CITY ZIP 49686
North EdCareer Tech
Grades 11โ€“12ยทTRAVERSE CITY ZIP 49686

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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