NOT LISTED FOR SALE

1505 Eastern Ave Traverse City, MI 49686

East Traverse City Neighborhood

Estimated Value: $616,000 - $659,250

4 Beds
2.5 Baths
2,613 Sq Ft
$244/Sq Ft Est. Value

Sale Details

Date Sold: March 11, 2016

Last sale price $267,000 $102 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,256 / mo

45 Days on Market

Highlights

  • Home Performance with ENERGY STAR
  • Deck
  • Corner Lot
  • Central High School Rated A-
  • Ranch Style House
  • 3-minute walk to Eastern Elementary Playground

About This Home

As of March 2016

Home was extensively updated in 2015. New insulated sashes on all wood windows. All bathrooms completely redone, Master bath has a heated ceramic floor. Main floor laundry. Lower level is finished including a conforming 4th bedroom with a legal egress window plus an extra mini kitchen. Bilco door for an additional exit from the lower level. Electric and plumbing have been updated with new fixtures and lighting, mostly LED. Natural gas water heater with 90% efficient natural gas furnace. New front porch and sidewalk, large deck, over-sized two car garage. New exterior doors and new 6 panel oak wood doors in all bedrooms. Eastern Elementary School about 300 feet away and Central High School across the street.

Last Agent to Sell the Property

Thomas Elliott

Thomas H. Elliott, Broker Listed on: 01/11/2016

Last Buyer's Agent

Nick Anton

Morgan Realty License #6501331167

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,295

Year Built

  • Built in 1957

Lot Details

  • 13,068 Sq Ft Lot
  • Lot Dimensions are 117 x 112
  • Landscaped
  • Corner Lot
  • Level Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,613 Sq Ft Home
  • Skylights
  • Wood Burning Fireplace
  • Heatilator
  • Self Contained Fireplace Unit Or Insert
  • Low Emissivity Windows
  • Mud Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Eco-Friendly Details

  • Home Performance with ENERGY STAR

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Eastern Elementary School
  • Traverse City East Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Community Details

  • Orchard Heights Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,295

Year Built

Built in 1957

Lot Details

0.3 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1957
  • Construction: Brick, Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1957
  • Year Renovated: 2015

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Exhaust Fan, Natural Gas Water Heater
  • Interior Amenities: Skylights, Breakfast Nook, Island Kitchen, Mud Room, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 14'9"x12"0", On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 12'7"x10'7", On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 10'4"x12'9", On Level: Main Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 14'1"x12'5", On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 8'6"x7'8", On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 19'4"x14'1", On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12'5"x24'6", On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 24'3"x14'5", On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 23'4"x14'5", On Level: Lower Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 2613

Exterior Features

  • Exterior Features: Deck, Sidewalk, Covered Porch, Landscaped, Garden Area, Porch, Gutters
  • Exterior Finish: Press Board
  • Foundation: Full, Walkout, Block, Entrance Outside, Finished Rooms, Egress Windows, Entrance Inside
  • Number Of Acres: 0.3
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

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

Association/Amenities

  • Development Name: Orchard Heights

Green Features

  • Energy Efficient: Energy Star Appliances, Low-e Windows

Lot Info

  • Lot Number: 6
  • Land Features: Corner Lot, Level
  • Lot Dimensions: 117 x 112
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: $3,940
  • Total Taxes: 4295
  • Winter Taxes: $355
  • Year Winter: 2015

MLS Schools

  • Elementary School: Eastern Elementary School
  • HighSchool: Central High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City East Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2016
Closed on
Mar 11, 2016
Seller's Agent
Thomas Elliott
Thomas H. Elliott, Broker
Buyer's Agent
Nick Anton
Morgan Realty
List Price
$279,000
Sold Price
$267,000
Premium/Discount to List
-$12,000
-4.3%
Current Estimated Value
$650,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,050
Avg. Annual Appreciation
8.92%

Purchase Details

Closed on
Nov 2, 2011

Purchase Details

Closed on
Mar 1, 1992
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- $267,000 --
-- $97,500 --
-- $87,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2016 03/11/16 Sold $267,000 -4.3% $102 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $279,000 -- $107 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $8,860 $288,700 $0 $0
2024 $8,620 $256,500 $0 $0
2023 $8,087 $169,300 $0 $0
2022 $8,345 $178,700 $0 $0
2021 $8,143 $169,300 $0 $0
2020 $8,055 $159,500 $0 $0
2019 $7,987 $145,600 $0 $0
2018 $7,815 $139,900 $0 $0
2017 -- $136,500 $0 $0
2016 -- $128,900 $0 $0
2014 -- $114,600 $0 $0
2012 -- $105,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Thomas Elliott

    Thomas H. Elliott, Broker

    (231) 632-4866

    5 Total Sales

    Thomas Elliott
    Section Image

  • N

    Buyer's Agent in 2016

    Nick Anton

    Morgan Realty

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1810481

Northern Great Lakes REALTORS® MLS

APN: 51-790-035-00

Michigan Grand Traverse County Traverse City 49686 East Traverse City

1505 Eastern Ave, Traverse City, MI

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 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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