$695,000

1388 Gray Dr Unit 5 Traverse City, MI 49684

Estimated payment $5,226/month

2 Beds
2 Baths
1,217 Sq Ft
$571 Price per Sq Ft

Highlights

  • Home fronts a creek
  • Contemporary Architecture
  • Granite Countertops
  • Willow Hill Elementary School Rated A-
  • Ground Level Unit
  • Walk-In Closet

About This Home

If you’re looking for an urban lifestyle out your front door and the quiet of woods and a babbling brook with miles of scenic trails just beyond your patio, this condo is for you. It features an open floor plan w/ a granite island kitchen and plenty of cabinetry. Two bedrms, two baths, f/p and beautiful finishes and no stairs! It is one of the few GT Commons condos with an attached heated garage. Enjoy restaurants, shops, and the beauty of this historic neighborhood within the ease of a contemporary home.

Listing Agent

Marsha Minervini

REMAX Bayshore - Union St TC License #6501278275 Listed on: 10/08/2025

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,185

Year Built

  • Built in 2020

Lot Details

  • Home fronts a creek
  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $443 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Poured Concrete
  • Membrane Roofing
  • Cement Board or Planked

Interior Spaces

  • 1,217 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Entrance Foyer
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Drive Under Main Level

Outdoor Features

  • Patio
  • Rain Gutters

Schools

  • Traverse City West Middle School
  • Traverse City West Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Energy-Efficient Windows
  • Ground Level Unit

Community Details

Overview

  • Association fees include water, sewer, trash removal, snow removal, lawn care, liability insurance, fire insurance
  • Grand Traverse Commons Community

Amenities

  • Common Area

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,185

Year Built

Built in 2020

Lot Details

0

HOA Fees

$443 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, 1 Story
  • Estimated Year Built: 2020
  • Construction: 2x6 Framing
  • Univs Design Barrier Free: Main Floor Access, Covered Entrance, Levered Door Knobs
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2020

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Dryer, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Kitchen Tops, Solid Surface Counters, Island Kitchen
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12.9x11.6, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.9x12, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: combox13.9, On Level: Main Floor, Flooring: LVP
  • Kitchen: Dimensions: 14.10x9.4, On Level: Main Floor, Flooring: LVP
  • Living Room: Dimensions: 24.4xcombo, On Level: Main Floor, Flooring: LVP
  • Range: R 11W
  • Total Finished Sf Apx: 1217

Exterior Features

  • Exterior Features: Sprinkler System, Patio, Landscaped, Gutters
  • Exterior Finish: Cement Board
  • Foundation: Poured Concrete, Slab
  • Road: Association, Blacktop
  • Roof: Membrane
  • Water Features: Creek

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 1
  • Primary Garage: Drive Under/Built-In, Door Opener, Paved Driveway, Heated, Concrete Floors

Utilities

  • Fireplaces And Stoves: Electric
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor, Flooring: Tile
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, DSL, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Water, Sewer, Trash Removal, Snow Removal, Lawn Care, Liability Insurance, Fire Insurance
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 443

Association/Amenities

  • Development Amenities: Pets Allowed, Common Area, Trails
  • Development Name: Grand Traverse Commons

Green Features

  • Energy Efficient: Energy Efficient Windows
  • Renewable: Programmable Thermostat

Lot Info

  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • HighSchool: Traverse City West Senior High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City West Middle School

Map

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

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 $13,185 $348,400 $0 $0
2024 $10,624 $294,000 $0 $0
2023 $10,448 $143,900 $0 $0
2022 $12,368 $274,700 $0 $0
2021 $5,115 $143,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2025 10/08/25 For Sale $695,000 +26.8% $571 / Sq Ft
07/22/2021 07/22/21 Sold $548,000 0.0% $450 / Sq Ft View Prior Sale
07/21/2021 07/21/21 Pending -- -- --
08/06/2020 08/06/20 For Sale $548,000 -- $450 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

About the Listing Agent

Marsha Minervini

REMAX Bayshore - Union St TC

(231) 265-8890

Section Image

Marsha Minervini has a very client-centered approach to working with homebuyers and sellers. She starts by listening to your needs and wants, and she works very hard at finding the right match. What also separates her from most Realtors® is that Marsha has 17 years of experience in the construction business. This gives her clients a tremendous advantage because she can contribute that knowledge through each step of the buying and selling process.

Marsha's Other Listings

  • 800 Cottageview Dr Unit 319, Traverse City, MI 49684

    $1,200,000

    • 3 Beds
    • 3.5 Baths
    • 3,615 Sq Ft
    • 800 Cottageview Dr
    • Unit 319
    • Traverse City, MI

    Absolutely stunning condo at the Grand Traverse Commons in the majestic historic main Building 50. End unit flooded w/ natural light on 3 sides, soaring ceilings, open great room. There are 3 bedrooms and 3 baths. Main floor master suite with soaking tub and sauna, lots of storage and built in bookcases. The kitchen has high end finishes including a massive island and a distinctive stainless

    Marsha Minervini REMAX Bayshore - Union St TC

    Section Image
  • 6179 Red Fox Run, Traverse City, MI 49686

    $699,000

    • 4 Beds
    • 2.5 Baths
    • 2,970 Sq Ft
    • 6179 Red Fox Run
    • Traverse City, MI

    Located on the base of OMP 3 miles from downtown is Port of Old Mission, a development embracing natural surroundings including a seasonal bay view from this spacious end unit condo w/ an additional 1 car detached garage. Features vaulted ceilings, Brazilian cherry floors, 2 gas f/p’s, built-in bookcases, fans, skylights, walk-in closets, plantation shutters, plentiful storage, remodeled kitchen

    Marsha Minervini REMAX Bayshore - Union St TC

    Section Image
  • 1941 N Us-31 N Unit 55, Traverse City, MI 49686

    $895,000

    • 2 Beds
    • 2 Baths
    • 1,117 Sq Ft
    • 1941 N Us-31 N
    • Unit 55
    • Traverse City, MI

    Stunning Peninsula Bay top floor condo on Miracle Mile’s walkable sandy beach w/ breathtaking views of East Bay. This upscale development offers all the extras, inviting lobby, elevator, groomed beach w/ chaise lounges, heated pool, hot tub, grill area w/ tables & chairs, 330 ft of frontage, heated sidewalks. Open floor plan, gas f/p, kitchen w/high end appliances, gas stove, double drawer

    Marsha Minervini REMAX Bayshore - Union St TC

    Section Image
  • 1388 Gray Dr Unit 7, Traverse City, MI 49684

    $437,500 Sold May 23, 2025

    • 1 Bed
    • 1 Bath
    • 753 Sq Ft
    • 1388 Gray Dr
    • Unit 7
    • Traverse City, MI

    GT Commons, relaxing, very classy, quiet upper-level condo w/ an extraordinary location on Asylum Creek. This unique spot is like sitting in the middle of a forest on a creek off the back balcony yet outside the front balcony are all the amenities of a vibrant urban lifestyle. Featuring an open floor plan, numerous upgrades, including a f/p, all in nearly new condition. This unit is being sold

    Marsha Minervini REMAX Bayshore - Union St TC

  • 800 Cottageview Dr Unit 204, Traverse City, MI 49684

    $560,000 Sold Sep 22, 2025

    • 2 Beds
    • 2 Baths
    • 1,254 Sq Ft
    • 800 Cottageview Dr
    • Unit 204
    • Traverse City, MI

    Stylish condo at the Grand Traverse Commons in majestic historic main Building 50. This condo faces the front yard w/ a towering pine tree complete w/ Christmas lights in the winter. Creatively designed floor plan offers 2 bdrm suites on opposite ends for privacy w/ a great room in the middle combining kitchen, living & dining rooms. The unit is flooded w/ natural light from ten 8 ft windows &

    Marsha Minervini REMAX Bayshore - Union St TC

  • 10321 S Endres Hill Ct, Traverse City, MI 49684

    $670,000 Sold Jun 02, 2025

    • 4 Beds
    • 3 Baths
    • 2,123 Sq Ft
    • 10321 S Endres Hill Ct
    • Traverse City, MI

    Sought after Leelanau County eco-friendly updated home on 10 private wooded acres 7 miles from downtown TC. Towering 80 to 100’ mature trees in every direction ensures you see no other homes. Great house for entertaining, open floor plan w/ cathedral ceilings, wood flooring, numerous windows provide stunning views & natural light. Living rm w/ cozy woodstove. Dining rm opens to a covered balcony

    Marsha Minervini REMAX Bayshore - Union St TC

  • 7878 Outer Dr S, Traverse City, MI 49685

    $1,195,000 Sold May 07, 2025

    • 5 Beds
    • 3 Baths
    • 3,295 Sq Ft
    • 7878 Outer Dr S
    • Traverse City, MI

    Waterfront living on Long Lake, one of TC’s premier lakes. Private oasis on this beautifully landscaped lot in “Fannings Cove” which offers protective boat mooring. Custom designed elegant home w/ an exceptional layout & plenty of storage. The living rm features a massive stone f/p & tv nook, nearly 2 full walls of waterfront windows & soaring ceilings. Living rm flows into a “conversation”

    Marsha Minervini REMAX Bayshore - Union St TC

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1939455

Northern Great Lakes REALTORS® MLS

APN: 05-463-005-00