NOT LISTED FOR SALE

1216 Peninsula Dr Traverse City, MI 49686

East Traverse City Neighborhood

Estimated Value: $754,000 - $815,000

6 Beds
5 Baths
2,564 Sq Ft
$308/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $760,000 $296 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,156/month

29 Days on Market

Highlights

  • Public Water Access
  • 2.57 Acre Lot
  • Vaulted Ceiling
  • Central High School Rated A-
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of April 2024

Discover a rare opportunity nestled at the base of Old Mission Peninsula: a 2.6-acre wooded parcel just steps from Bryant Park Beach. Currently featuring a charming log home ready for renovation or removal, this prime location offers proximity to downtown Traverse City, schools, and Old Mission wineries. Water, sewer, and natural gas already on-site, this versatile parcel presents endless possibilities. Whether you envision your dream estate or a development of eight executive homes, the choice is yours.

Last Agent to Sell the Property

Janel Brown

REO-TCFront-233021 License #6501287459 Listed on: 03/16/2024

REO-TCFront-233021

Last Buyer's Agent

Ron Williamson

CENTURY 21 Northland License #6501205040

CENTURY 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,351

Year Built

  • Built in 1929

Lot Details

  • 2.57 Acre Lot
  • Lot Dimensions are 160 x 639 x 190 x 566
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Log Cabin
  • Slab Foundation
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 2,564 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Bay Window
  • Great Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Public Water Access
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Milliken Add Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,351

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Log Home, Lodge
  • Estimated Year Built: 1929
  • Construction: Full Log
  • Section Number: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1929

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Trash Compactor, Ceiling Fan
  • Interior Amenities: Skylights, Bay Window(s), Walk-In Closet(s), Pantry, Formal Dining Room, Great Room, Den/Study, Beamed Ceilings, Vaulted Ceilings, Paneling
  • Bedrooms: 6
  • Bedroom 1: Dimensions: 22.00x12.00, On Level: Main Floor
  • Bedroom 2: Dimensions: 13.00x08.00, On Level: Main Floor
  • Bedroom 3: Dimensions: 13.00x08.00, On Level: Main Floor
  • Bedroom 4: Dimensions: 17.00x13.00, On Level: Upper Floor
  • Total Bathrooms: 4
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 2
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 25.00x13.00, On Level: Main Floor
  • Living Room: Dimensions: 45.00x27.00, On Level: Main Floor
  • Other Room: Dimensions: 17.00x13.00, On Level: Upper Floor
  • Estimated Above Ground Finished Sq Ft: 2564
  • Price Per Sq Ft: 296.41
  • Range: R 11W
  • Total Finished Sf Apx: 2564

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Screened Porch
  • Exterior Finish: Full Log
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 2.57
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Near Pub.Access w/in 500'

Garage/Parking

  • Driveway: Private
  • Garage Capacity: 2
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Association/Amenities

  • Development Name: Milliken Add

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Level
  • Lot Dimensions: 160 x 639 x 190 x 566
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 1997
Current Estimated Value
$790,055

Purchase Details

Closed on
Nov 15, 1993

Purchase Details

Closed on
May 18, 1993
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- $220,000 --
-- $159,900 --
-- $120,700 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $760,000 -4.9% $296 / Sq Ft
03/16/2024 03/16/24 For Sale $799,000 +4.4% $312 / Sq Ft
09/22/2023 09/22/23 Sold $765,000 -1.9% $312 / Sq Ft
06/01/2023 06/01/23 Price Changed $780,000 -2.4% $318 / Sq Ft
04/04/2023 04/04/23 For Sale $799,000 +53.7% $326 / Sq Ft
12/02/2020 12/02/20 Sold $520,000 +4.0% $255 / Sq Ft
09/01/2020 09/01/20 For Sale $499,900 -- $245 / 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 $11,351 $333,398 $0 $0
2024 $10,069 $302,900 $0 $0
2023 $13,864 $256,800 $0 $0
2022 $14,533 $267,900 $0 $0
2021 $14,182 $256,800 $0 $0
2020 $9,287 $238,300 $0 $0
2019 $9,209 $220,200 $0 $0
2018 $6,104 $207,600 $0 $0
2017 -- $205,900 $0 $0
2016 -- $187,900 $0 $0
2014 -- $173,000 $0 $0
2012 -- $218,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janel Brown

    Seller's Agent in 2024

    Janel Brown

    Real Estate One

    (231) 313-1922

    8 in this area

    198 Total Sales

    Janel Brown
    Section Image
  • Ron Williamson

    Buyer's Agent in 2024

    Ron Williamson

    CENTURY 21 Northland

    (866) 830-0473

    7 in this area

    84 Total Sales

    Ron Williamson
    Section Image
  • Kristen Rivard

    Seller's Agent in 2023

    Kristen Rivard

    Traverse Real Estate

    (231) 590-9728

    4 in this area

    43 Total Sales

    Kristen Rivard
    Section Image
  • Debra Franks

    Seller's Agent in 2020

    Debra Franks

    Real Estate One

    (231) 313-4282

    1 in this area

    24 Total Sales

    Debra Franks
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1920261

Northern Great Lakes REALTORS® MLS

APN: 51-101-071-00

Michigan Grand Traverse County Traverse City 49686 East Traverse City

1216 Peninsula Dr, Traverse City, MI

This home is located at 1216 Peninsula Dr, Traverse City, MI 49686 since 16 March 2024 and is currently estimated at $790,055, approximately $308 per square foot. This property was built in 1929. 1216 Peninsula Dr 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.

Nearby Homes