1388 Gray Dr Unit 10 Traverse City, MI 49684
2
Beds
2
Baths
1,098
Sq Ft
0.26
Acres
Highlights
- Home fronts a creek
- Contemporary Architecture
- Granite Countertops
- Willow Hill Elementary School Rated A-
- Main Floor Primary Bedroom
- Balcony
About This Home
As of May 2025Welcome to this stunning modern condo located on Gray Drive, nestled within the historic Commons of Traverse City! This sleek 2-bedroom, 2-bath home boasts a contemporary design with luxury finishes, including elegant quartz countertops in the kitchen. Imagine enjoying your morning coffee on a beautiful deck overlooking a lush green forest with the soothing sounds of a babbling brook just beyond—easily heard from both the kitchen and living room. This unit also has an excellent rental history, making it a great investment opportunity. Living here offers a vibrant lifestyle with walkable access to local favorites like Left Foot Charlie, Spanglish, and Earth & Ales. Whether you're in the mood for dining, drinks, or wellness, you're steps away from Pure Pilates and miles of scenic hiking trails to explore. A truly unique opportunity to live amidst the charm and convenience of The Commons!
Last Agent to Sell the Property
REMAX Bayshore - Union St TC License #6502357921 Listed on: 12/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,930
Year Built
- Built in 2020
Lot Details
- Home fronts a creek
- Level Lot
- Sprinkler System
- The community has rules related to zoning restrictions
HOA Fees
- $324 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Slab Foundation
- Poured Concrete
- Frame Construction
- Membrane Roofing
- Cement Board or Planked
Interior Spaces
- 1,098 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- <<microwave>>
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
- Granite Bathroom Countertops
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Rain Gutters
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
Overview
- Association fees include water, sewer, trash removal, snow removal, lawn care, exterior maintenance, liability insurance, fire insurance
- The Lofts At Asylum Creek Community
Amenities
- Common Area
Similar Homes in Traverse City, MI
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | Sold | $520,000 | -5.3% | $474 / Sq Ft |
| 05/15/2025 05/15/25 | Pending | -- | -- | -- |
| 12/03/2024 12/03/24 | For Sale | $549,000 | -0.2% | $500 / Sq Ft |
| 12/01/2024 12/01/24 | Off Market | $550,000 | -- | -- |
| 09/14/2024 09/14/24 | For Sale | $550,000 | +25.3% | $501 / Sq Ft |
| 10/05/2021 10/05/21 | Sold | $439,000 | 0.0% | $400 / Sq Ft |
| 08/20/2020 08/20/20 | For Sale | $439,000 | -- | $400 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $11,930 | $276,500 | $0 | $0 |
| 2024 | $9,612 | $266,000 | $0 | $0 |
| 2023 | $9,189 | $102,600 | $0 | $0 |
| 2022 | $10,877 | $241,600 | $0 | $0 |
| 2021 | $3,691 | $102,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jules Yates
Seller's Agent in 2025
Jules Yates
RE/MAX Michigan
(231) 642-9888
21 in this area
248 Total Sales
-
Amber Griswold
A
Buyer's Agent in 2025
Amber Griswold
CENTURY 21 Northland
(231) 499-9533
6 in this area
71 Total Sales
-
Marsha Minervini
Seller's Agent in 2021
Marsha Minervini
RE/MAX Michigan
(231) 883-4500
21 in this area
80 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1929431
APN: 05-463-010-00
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.
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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