$359,000
SOLD FEB 5, 2025

1323 Terra Rd Traverse City, MI 49686

2 Beds
2.5 Baths
1,820 Sq Ft
8,581 Sq Ft Lot

Recently Sold

$197 Per Sq Ft

3% Below List Price

13 Days on Market

Highlights

  • Cathedral Ceiling
  • Corner Lot
  • Mud Room
  • Central High School Rated A-
  • Ground Level Unit
  • 2 Car Attached Garage

About This Home

As of February 2025

Welcome to this bright and spacious condo, offering the ease of main-floor living with newer appliances and an open floor plan which is great for entertaining. Enjoy the peaceful and quiet complex, complete with recently updated roofs and shutters. The primary bedroom is huge and features an extra sitting area, suitable for tv watching or perhaps a library. Downstairs, the full basement offers incredible potential, whether you envision it as a game room or family room. The expansive space includes so much storage and a sink and toilet are already in place, offering the option to easily convert the area into a third bathroom. You'll also find slotted walls for organizational systems both in the lower level and the attached two car garage. Located just minutes from shopping, dining, and downtown, this home combines all the comfort and convenience you're looking for.

Last Agent to Sell the Property

Barb Krueger

Berkshire Hathaway Homeservices - TC License #6501380118 Listed on: 01/20/2025

Berkshire Hathaway Homeservices - TC

Last Buyer's Agent

Susan Hunt

REO-TCFront-233021 License #6501327194

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,913

Year Built

  • Built in 1997

Lot Details

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

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Mud Room
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Ground Level Unit

Community Details

  • Association fees include snow removal
  • Chestnut Hills Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,913

Year Built

Built in 1997

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1997
  • Construction: Frame
  • Section Number: 23
  • Year Updated: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1997

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Mud Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 15x19
  • Bedroom 2: Dimensions: 12x10.5
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: combox15
  • Kitchen: Dimensions: 15x10
  • Living Room: Dimensions: 22xcombo
  • Estimated Above Ground Finished Sq Ft: 1400
  • Estimated Below Grade Finished Sq Ft: 420
  • Estimated Below Grade Unfinished Sq Ft: 800
  • Price Per Sq Ft: 197.25
  • Range: R 11W
  • Total Finished Sf Apx: 1820

Exterior Features

  • Exterior Features: Sprinkler System, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Block, Finished Rooms
  • Road: Association, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 395

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Chestnut Hills

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Corner Lot
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • 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

Listed on
Jan 20, 2025
Closed on
Feb 5, 2025
Sold by
Lung Lola M
Bought by
Perri Christa
Seller's Agent
Barb Krueger
Berkshire Hathaway Homeservices - TC
Buyer's Agent
Susan Hunt
REO-TCFront-233021
List Price
$369,000
Sold Price
$359,000
Premium/Discount to List
-$10,000
-2.71%
Views
21
Current Estimated Value
$372,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,170
Avg. Annual Appreciation
5.36%

Purchase Details

Listed on
Jul 5, 2019
Closed on
Sep 16, 2019
Sold by
Walsh Paula L
Bought by
Lung Lola M
Seller's Agent
Carol Franklin
BAYSHORE GROUP REALTY
List Price
$279,900
Sold Price
$269,900
Premium/Discount to List
-$10,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.44%

Purchase Details

Closed on
Oct 7, 2011

Purchase Details

Closed on
May 11, 2011

Purchase Details

Closed on
Feb 24, 1999
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 Type Sale Price Title Company
Warranty Deed $359,000 --
Grant Deed $269,900 --
Deed $150,000 --
Deed -- --
Deed $161,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2025 02/05/25 Sold $359,000 -2.7% $197 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/20/2025 01/20/25 For Sale $369,000 +36.7% $203 / Sq Ft
09/16/2019 09/16/19 Sold $269,900 -3.6% $148 / Sq Ft View Prior Sale
07/05/2019 07/05/19 For Sale $279,900 -- $154 / 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 $3,913 $225,800 $0 $0
2024 $2,643 $199,100 $0 $0
2023 $2,529 $137,000 $0 $0
2022 $3,572 $133,700 $0 $0
2021 $3,483 $137,000 $0 $0
2020 $3,453 $127,300 $0 $0
2019 $2,362 $124,100 $0 $0
2018 $0 $110,600 $0 $0
2017 -- $104,200 $0 $0
2016 -- $95,100 $0 $0
2014 -- $84,900 $0 $0
2012 -- $78,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1930228

Northern Great Lakes REALTORS® MLS

APN: 05-079-044-00