NOT LISTED FOR SALE

256 Peninsula Trail Traverse City, MI 49696

East Bay Area

Estimated Value: $308,000 - $452,000

4 Beds
2 Baths
1,600 Sq Ft
$244/Sq Ft Est. Value

Sale Details

Date Sold: January 26, 2022

Last sale price $249,500 $156 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,444 / mo

92 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 50 Feet of Waterfront
  • Wooded Lot
  • Courtade Elementary School Rated A-
  • Deck
  • 2 Car Attached Garage

About This Home

As of January 2022

Beautiful, wooded lot just down the road from Spider Lake with deeded shared water access. Home has hardwood flooring in the entry and tile in kitchen & baths. 4 bedrooms with 2 full bathrooms, large two-car attached garage, outbuilding, and firepit. Just minutes away from Grace MacDonald Park, Brown Bridge Quiet Area, and downtown Traverse City. Great up north area, yet close to everything!

Last Agent to Sell the Property

Adam Miller

Coldwell Banker Schmidt Traverse City Listed on: 10/04/2021

Coldwell Banker Schmidt Traverse City

Last Buyer's Agent

Melissa George

Realtors In Michigan

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 31,363 Sq Ft Lot
  • 50 Feet of Waterfront
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • Wood Burning Fireplace
  • Bay Window
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Stove
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Ter Lyn Woods Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0.72 Acres

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bi-Level
  • Estimated Year Built: 1978
  • Construction: Brick, Timber Frame
  • Private Shared: Shared
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Water Softener Owned, Washer, Dryer
  • Interior Amenities: Bay Window(s), Foyer Entrance
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 12x13, On Level: Main Floor
  • Total Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 10'6x9'6, On Level: Main Floor
  • Living Room: Dimensions: 13x13, On Level: Main Floor
  • Range: R 10W
  • Total Finished Sf Apx: 1600

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Spider Lake
  • Exterior Features: Deck
  • Exterior Finish: Wood
  • Foundation: Full, Block, Daylight Windows, Finished Rooms
  • Number Of Acres: 0.72
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Gradual Slope to Water, Deeded Easement
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: Ter-Lyn Woods

Lot Info

  • Lot Number: 6
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: 110 ft x 284 ft
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2003
Current Estimated Value
$390,476

Purchase Details

Closed on
Apr 23, 1999

Purchase Details

Closed on
Jul 31, 1997

Purchase Details

Closed on
Nov 14, 1990
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Traverse City, MI

  • Amanda Theodoran Real Estate Agent - @properties Christie's Int'l

    Amanda Theodoran

    Responds Quickly

    @properties Christie's Int'l

    (989) 644-9504

    63 Total Sales

    6 in East Bay

    $87K - $555K Price Range

    Amanda Theodoran
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  • Robin Vanderkaay Real Estate Agent - Century 21 Northland-Elk Rapids

    Robin Vanderkaay

    Century 21 Northland-Elk Rapids

    (947) 500-3236

    50 Total Sales

    4 in East Bay

    $590K - $630K Price Range

    Robin Vanderkaay
     Section Image
  • Christina Roberts Real Estate Agent - Keller Williams - Northern Michigan

    Christina Roberts

    Keller Williams - Northern Michigan

    (231) 244-2315

    132 Total Sales

    3 in East Bay

    $175K - $925K Price Range

    Christina Roberts
     Section Image
  • Gordon Hodges Real Estate Agent - REO-TCFront-233021

    Gordon Hodges

    REO-TCFront-233021

    (231) 714-6492

    85 Total Sales

    9 in East Bay

    $230K - $535K Price Range

    Gordon Hodges
     Section Image
  • Judy Curtice-Porter Real Estate Agent - REO-TCRandolph-233022

    Judy Curtice-Porter

    REO-TCRandolph-233022

    (231) 714-6930

    129 Total Sales

    13 in East Bay

    $160K - $550K Price Range

    Judy Curtice-Porter
     Section Image
  • Ryan Craig Real Estate Agent - @properties Christie's Int'l

    Ryan Craig

    @properties Christie's Int'l

    (231) 715-5287

    220 Total Sales

    20 in East Bay

    $185K - $1.5M Price Range

    Ryan Craig
     Section Image
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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
$135,000 --
$118,500 --
$89,000 --
$60,000 --
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
01/26/2022 01/26/22 Sold $249,500 -3.7% $156 / Sq Ft
12/17/2021 12/17/21 Price Changed $259,000 -3.7% $162 / Sq Ft
12/08/2021 12/08/21 Price Changed $269,000 -3.5% $168 / Sq Ft
11/24/2021 11/24/21 Price Changed $278,900 0.0% $174 / Sq Ft
10/04/2021 10/04/21 For Sale $279,000 -- $174 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax 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.

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
2026 $3,567 $146,900 $0 $0
2025 $2,402 $144,000 $0 $0
2024 $2,342 $133,300 $0 $0
2023 $2,241 $79,900 $0 $0
2022 $1,993 $102,800 $0 $0
2021 $3,227 $79,900 $0 $0
2020 $3,175 $94,600 $0 $0
2019 $3,160 $87,400 $0 $0
2018 $3,085 $76,400 $0 $0
2017 -- $74,100 $0 $0
2016 -- $71,700 $0 $0
2014 -- $65,200 $0 $0
2012 -- $62,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Miller Real Estate Agent - Coldwell Banker Schmidt Traverse City

    Seller's Agent in 2022

    Adam Miller

    Coldwell Banker Schmidt Traverse City

    (231) 715-1033

    19 Total Sales

    Adam Miller
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  • Melissa George Real Estate Agent - Realtors In Michigan

    Buyer's Agent in 2022

    Melissa George

    Realtors In Michigan

    (231) 750-1657

    23 Total Sales

    Melissa George
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1893660

Northern Great Lakes REALTORS® MLS

APN: 03-752-006-00

Michigan Grand Traverse County Traverse City 49696

256 Peninsula Trail, 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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