NOT LISTED FOR SALE

220 W Sixteenth St Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $318,000 - $431,000

2 Beds
1.5 Baths
1,010 Sq Ft
$371/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $319,000 $316 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,433/month

21 Days on Market

Highlights

  • RV or Boat Parking
  • Deck
  • Ranch Style House
  • Central High School Rated A-
  • Wooded Lot
  • Mud Room

About This Home

As of September 2022

LOCATION, LOCATION, LOCATION...fabulous in-town home walkable/bikeable to beaches, marinas, restaurants, shopping, TART/nature trails & so much more. This well-cared for 2 bd/1.5 bath charmer checks off all the important boxes. A/C, lawn sprinklers, fenced in backyard, amazing 3 car/2-story garage w/lift station & 2nd floor deck, new vinyl siding & styrofoam insulation. Boasts built-in cabinets/furniture, 2nd bedroom has MI pine wood walls, main floor living, Anderson windows, new bathroom fixtures & newer flooring. Extra parking spaces off alley and driveway in front of home. Roof approx. 8 yrs., furnace approx. 10 yrs. Utilities: TCLP, DTE, GT City Dept. of Public Works, GFL Env., Spectrum internet.

Last Agent to Sell the Property

Penni Schratz

REO-TCRandolph-233022 License #6501435151 Listed on: 07/21/2022

REO-TCRandolph-233022

Last Buyer's Agent

Sam Flamont

The Mitten Real Estate Group License #6502431112

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,239

Year Built

  • Built in 1948

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50 x 165.9
  • Kennel or Dog Run
  • Fenced Yard
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,010 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Gas Fireplace
  • Drapes & Rods
  • Mud Room
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Stove
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • Alley Access
  • Garage Door Opener
  • Private Driveway
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Patio
  • Rain Gutters

Schools

  • Central Grade Elementary School
  • Traverse City West Middle School
  • Traverse City West Senior High School

Utilities

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

Community Details

  • Ferwood Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,239

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1948
  • Construction: Frame
  • Principal Residence: Yes
  • Section Number: 8
  • Univs Design Barrier Free: Raised Toilet
  • Year Updated: 1986
  • Year Renovated: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1948

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Cook Top, Exhaust Fan, Drapes, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Mud Room, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x11, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12x15, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 17x8, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1010
  • Estimated Below Grade Unfinished Sq Ft: 60
  • Price Per Sq Ft: 315.84
  • Range: R 11W
  • Total Finished Sf Apx: 1010

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Patio, Sidewalk, Fenced Yard, RV Parking, Gutters, Dog Pen
  • Exterior Finish: Vinyl
  • Foundation: Michigan Basement, Crawl Space
  • Number Of Acres: 0.19
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop, Concrete, Alley Access, Private
  • Garage Capacity: 3
  • Primary Garage: Detached, Door Opener, Alley Entrance, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Insert, Wood, Stove, Masonry
  • Heating Cooling Types: Forced Air, Central Air, Humidifier
  • Laundry: Dimensions: 6x4, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, Dish TV, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: Ferwood

Schools

  • School District: Traverse City Area Public Schools
  • Elementary School: Central Grade School
  • Middle School: Traverse City West Middle School
  • High School: Traverse City West Senior High School

Lot Info

  • Land Features: Wooded-Hardwoods, Cleared, Level
  • Lot Dimensions: 50 x 165.9
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 2126.73
  • Winter Taxes: 267.16
  • Year Summer: 2022
  • Year Winter: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Sep 14, 2022
Sold by
Christine Derks
Bought by
Gunn Richard
Seller's Agent
Penni Schratz
REO-TCRandolph-233022
Buyer's Agent
Sam Flamont
The Mitten Real Estate Group
List Price
$380,000
Sold Price
$319,000
Premium/Discount to List
-$61,000
-16.05%
Views
2
Current Estimated Value
$374,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,654
Avg. Annual Appreciation
9.80%
Source: Public Records

Range of Values:

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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
Gunn Richard $319,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $319,000 -8.9% $316 / Sq Ft
08/03/2022 08/03/22 Price Changed $350,000 -7.9% $347 / Sq Ft
07/21/2022 07/21/22 For Sale $380,000 -- $376 / 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 $5,239 $190,400 $0 $0
2024 $4,647 $160,300 $0 $0
2023 $4,023 $120,000 $0 $0
2022 $2,403 $123,700 $0 $0
2021 $2,355 $120,000 $0 $0
2020 $2,332 $110,900 $0 $0
2019 $2,324 $102,300 $0 $0
2018 $2,276 $93,600 $0 $0
2017 -- $93,600 $0 $0
2016 -- $85,500 $0 $0
2014 -- $75,800 $0 $0
2012 -- $76,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Penni Schratz

    Real Estate One

    (231) 342-7873

    1 in this area

    22 Total Sales

    Penni Schratz
    Section Image
  • Sam Flamont

    Buyer's Agent in 2022

    Sam Flamont

    The Mitten Real Estate Group

    (231) 633-8326

    8 in this area

    674 Total Sales

    Sam Flamont
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1902877

Northern Great Lakes REALTORS® MLS

APN: 51-570-016-00

Michigan Grand Traverse County Traverse City 49684 South Traverse City

220 W Sixteenth St, Traverse City, MI

This home is located at 220 W Sixteenth St, Traverse City, MI 49684 since 21 July 2022 and is currently estimated at $374,654, approximately $370 per square foot. This property was built in 1948. 220 W Sixteenth St is a home located in Grand Traverse County with nearby schools including Central Grade School, East Middle School, and Central High School.

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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