NOT LISTED FOR SALE

215 N Cedar St Traverse City, MI 49684

Slabtown Neighborhood

Estimated Value: $317,000 - $494,000

2 Beds
2 Baths
617 Sq Ft
$645/Sq Ft Est. Value

Last Sold October 18, 2012

Last sale price $111,000 $180 Per Sq Ft

Est. 259% increase in value since last sale

Current estimated payment $2,424/month

4 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Wags West Dog Park
  • Willow Hill Elementary School Rated A-
  • 1-Story Property

About This Home

As of October 2012

Two homes on corner city lot on Cedar Street. 600 sq. ft and 300 sq. ft.Many possibilities for this income property. Live in front house and rent back house to offset mortgage or rebuild on property. Slabtown neighborhood close to West End Beach, Tart Trail, Munson Medical Center and downtown. Front house has one car attached garage and basement.

Last Agent to Sell the Property

Daniel Stiebel

Coldwell Banker Schmidt Traver License #6502352362 Listed on: 08/16/2012

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Austin Johnson

Coldwell Banker Schmidt Traver License #6501371752

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1941

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50x150
  • The community has rules related to zoning restrictions

Parking

  • Attached Garage

Home Design

  • Duplex
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 617 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Space Heater

Community Details

  • 2 Units
  • Hannah Lay & Co 3Rd Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,092

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: 2 Residences / 1 Lot
  • Style: 1 Story
  • Estimated Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1941

Interior Features

  • Appliances Equipment: Oven/Range
  • Interior Amenities: Laundry Hook-Up
  • Total Finished Sf Apx: 617

Exterior Features

  • Exterior Features: Sidewalk
  • Foundation: Full, Slab
  • Number Of Acres: 0.17
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: One Car, Attached

Utilities

  • Sewer: Municipal
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Space Heater

Association/Amenities

  • Development Name: Hannah Lay & Co 3rd

Lot Info

  • Lot Dimensions: 50x150
  • Zoning Use Restrictions: Residential, Non-Conforming Use

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2012
Closed on
Oct 18, 2012
Seller's Agent
Daniel Stiebel
Coldwell Banker Schmidt Traver
Buyer's Agent
Austin Johnson
Coldwell Banker Schmidt Traver
List Price
$110,000
Sold Price
$111,000
Premium/Discount to List
$1,000
0.91%
Current Estimated Value
$398,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,096
Avg. Annual Appreciation
10.29%

Purchase Details

Closed on
Feb 1, 1990
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 Buyer Sale Price Title Company
-- $111,000 --
-- $37,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2012 10/18/12 Sold $111,000 +0.9% $180 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
08/16/2012 08/16/12 For Sale $110,000 -- $178 / 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 $4,092 $161,500 $0 $0
2024 $3,780 $141,300 $0 $0
2023 $3,546 $105,700 $0 $0
2022 $3,659 $111,100 $0 $0
2021 $3,571 $105,700 $0 $0
2020 $3,532 $97,500 $0 $0
2019 $3,502 $93,000 $0 $0
2018 $3,427 $79,300 $0 $0
2017 -- $76,000 $0 $0
2016 -- $67,800 $0 $0
2014 -- $63,400 $0 $0
2012 -- $60,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Daniel Stiebel

    Coldwell Banker Schmidt Traver

    (231) 633-0432

    4 in this area

    105 Total Sales

    Daniel Stiebel
    Section Image

  • A

    Buyer's Agent in 2012

    Austin Johnson

    Coldwell Banker Schmidt Traver

See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1738807

Northern Great Lakes REALTORS® MLS

APN: 51-626-031-00

Michigan Grand Traverse County Traverse City 49684 Slabtown

215 N Cedar St, 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 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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