NOT LISTED FOR SALE

116 Mathison Rd Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $339,000 - $358,364

2 Beds
2 Baths
1,500 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $127,500 $85 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,328/month

11 Days on Market

Highlights

  • Ranch Style House
  • Ground Level Unit
  • 1 Car Attached Garage
  • Central High School Rated A-
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of May 2014

Tired of apartment living? You will want to make this completely redone ranch style condo your new home. Bright and open living area w/natural FP, C/A, attached garage, patio for entertaining. Full finished basement w/3rd non-conforming BR and additional bath. Close TC amenities and at base of Old Mission Peninsula.

Last Agent to Sell the Property

Sue Kelly

REO-TCFront-233021 License #6506036311 Listed on: 04/11/2014

REO-TCFront-233021

Last Buyer's Agent

Sue Kelly

REO-TCFront-233021 License #6506036311 Listed on: 04/11/2014

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,775

Year Built

  • Built in 1979

Lot Details

  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Minimal Steps
  • Patio
  • Ground Level Unit

Community Details

  • Association fees include exterior maintenance, lawn care, snow removal, water
  • Cherrywood Commons Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,775

Year Built

Built in 1979

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1979
  • Construction: Brick
  • Section Number: 25
  • Year Updated: 1979
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12.00x11.00, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.00x9.00, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15.08x10.10, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: combox12.04, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 14.00x11.00, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10.00x8.04, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 25.06xcombo, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 800
  • Estimated Below Grade Finished Sq Ft: 700
  • Estimated Below Grade Unfinished Sq Ft: 100
  • Price Per Sq Ft: 85
  • Range: R 11W
  • Total Finished Sf Apx: 1500

Exterior Features

  • Exterior Features: Sprinkler System, Patio
  • Exterior Finish: Vinyl
  • Foundation: Full, Block, Finished Rooms
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Attached, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal, Water
  • Annual Association Fees: 2340
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Name: Cherrywood Commons

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Deed Restrictions

Tax Info

  • Summer Taxes: 2252
  • Total Taxes: 2775
  • Winter Taxes: 523
  • Year Summer: 2013
  • Year Winter: 2013

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2021
Sold by
Riddle Christina L
Bought by
Schenk Kristina A
Current Estimated Value
$344,341

Purchase Details

Listed on
Apr 11, 2014
Closed on
May 28, 2014
Seller's Agent
Sue Kelly
REO-TCFront-233021
Buyer's Agent
Sue Kelly
REO-TCFront-233021
List Price
$127,500
Sold Price
$127,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%

Purchase Details

Listed on
Aug 13, 2012
Closed on
Mar 18, 2013
Seller's Agent
Sue Kelly
REO-TCFront-233021
Buyer's Agent
Leslie Young
Coldwell Banker Schmidt Traver
List Price
$119,000
Sold Price
$98,500
Premium/Discount to List
-$20,500
-17.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.22%

Purchase Details

Closed on
Oct 17, 2012

Purchase Details

Closed on
May 8, 2012

Purchase Details

Closed on
May 7, 2012

Purchase Details

Closed on
May 6, 2012

Purchase Details

Closed on
Dec 31, 2011

Purchase Details

Closed on
Mar 21, 2011

Purchase Details

Closed on
Oct 28, 2003

Purchase Details

Closed on
May 15, 1987
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schenk Kristina A $205,000 --
-- $127,500 --
-- $98,500 --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- -- --
-- $62,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2014 05/28/14 Sold $127,500 0.0% $85 / Sq Ft
04/22/2014 04/22/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $127,500 +29.4% $85 / Sq Ft
03/18/2013 03/18/13 Sold $98,500 -17.2% $66 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
08/13/2012 08/13/12 For Sale $119,000 -- $79 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,775 $179,900 $0 $0
2024 $1,826 $147,300 $0 $0
2023 $1,747 $86,100 $0 $0
2022 $2,501 $90,400 $0 $0
2021 $1,976 $86,100 $0 $0
2020 $2,069 $86,100 $0 $0
2019 $1,966 $71,700 $0 $0
2018 $2,638 $71,700 $0 $0
2017 -- $71,700 $0 $0
2016 -- $68,900 $0 $0
2014 -- $61,700 $0 $0
2012 -- $59,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sue Kelly

    Real Estate One

    Section Image

  • L

    Buyer's Agent in 2013

    Leslie Young

    Coldwell Banker Schmidt Traver

    (231) 883-5293

    15 in this area

    59 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1782210

Northern Great Lakes REALTORS® MLS

APN: 11-451-005-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

116 Mathison Rd, Traverse City, MI

This home is located at 116 Mathison Rd, Traverse City, MI 49686 since 11 April 2014 and is currently estimated at $344,341, approximately $229 per square foot. This property was built in 1979. 116 Mathison Rd is a home located in Grand Traverse County with nearby schools including Eastern Elementary School, East Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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