NOT LISTED FOR SALE

316 W 12th St Traverse City, MI 49684

Central Neighborhood

Estimated Value: $495,000 - $590,000

4 Beds
3 Baths
1,840 Sq Ft
$284/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $240,000 $130 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,244/month

114 Days on Market

Highlights

  • Victorian Architecture
  • Detached Garage
  • Forced Air Heating and Cooling System
  • Central High School Rated A-

About This Home

As of December 2017

Location location location! This amazing investment opportunity is waiting for you! 2 story Victorian home located in highly desired downtown Traverse City. Walk and bike everywhere. Spacious main level features 3 bedrooms and 1.5 bath. Upper unit hosts one bedroom, 1 bath, small kitchen and living space. Legal, non-conforming duplex could be combined to single family unit easily.

Last Agent to Sell the Property

Meagan Alvarado

CENTURY 21 Northland License #6501382609 Listed on: 07/20/2017

CENTURY 21 Northland

Last Buyer's Agent

Shelly Brunette

REO-TCRandolph-233022 License #6501247395

REO-TCRandolph-233022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,509

Year Built

  • Built in 1906

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50 x 162
  • The community has rules related to zoning restrictions

Parking

  • Detached Garage

Home Design

  • Duplex
  • Victorian Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Michigan Basement
  • Oven or Range

Location

  • Mineral Rights

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • 2 Units
  • Central Neighborhood Community

Listing and Financial Details

  • Rent includes liability insurance, trash removal, water, sewer, fire insurance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,509

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story, Victorian
  • Estimated Year Built: 1906
  • Construction: Frame
  • Section Number: 4
  • Year Updated: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1906

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Window A/C Unit (s)
  • Price Per Sq Ft: 130.43
  • Range: R 11W
  • Total Finished Sf Apx: 1840

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Finish: Vinyl Siding
  • Foundation: Michigan Basement
  • Number Of Acres: 0.19
  • Road: Public Maintained, Concrete
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: One Car, Alley Entrance, Detached

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Unknown
  • Water: Municipal
  • Heating Cooling Type: Forced Air
  • Fireplace And Stoves: Insert

Association/Amenities

  • Development Name: Central Neighborhood

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Dimensions: 50 X 162
  • Mineral Rights: To Pass With Title
  • Zoning Use Restrictions: Residential, Multi-Family, Rental History

Rental Info

  • Included In Lease: Liability Insurance, Trash Removal, Water, Sewer, Fire Insurance

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
Jul 20, 2017
Closed on
Dec 29, 2017
Sold by
Luke Price
Bought by
Gapinski Chad D and Robinson Eleanor L
Seller's Agent
Meagan Alvarado
CENTURY 21 Northland
Buyer's Agent
Shelly Brunette
REO-TCRandolph-233022
List Price
$284,900
Sold Price
$240,000
Premium/Discount to List
-$44,900
-15.76%
Current Estimated Value
$522,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,775
Avg. Annual Appreciation
10.48%

Purchase Details

Closed on
Jan 10, 2011

Purchase Details

Closed on
Nov 30, 2001

Purchase Details

Closed on
Mar 31, 2000

Purchase Details

Closed on
Jun 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
Gapinski Chad D $240,000 --
-- $147,000 --
-- $159,000 --
-- $128,000 --
-- $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $240,000 -15.8% $130 / Sq Ft
07/20/2017 07/20/17 For Sale $284,900 -- $155 / 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 $5,509 $203,700 $0 $0
2024 $4,887 $190,300 $0 $0
2023 $4,546 $144,400 $0 $0
2022 $4,893 $152,700 $0 $0
2021 $4,794 $144,400 $0 $0
2020 $4,748 $135,800 $0 $0
2019 $4,732 $125,200 $0 $0
2018 $4,635 $122,000 $0 $0
2017 -- $124,400 $0 $0
2016 -- $121,900 $0 $0
2014 -- $92,100 $0 $0
2012 -- $73,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meagan Alvarado

    Seller's Agent in 2017

    Meagan Alvarado

    CENTURY 21 Northland

    (231) 633-3606

    6 in this area

    39 Total Sales

    Meagan Alvarado
    Section Image
  • Shelly Brunette

    Buyer's Agent in 2017

    Shelly Brunette

    Real Estate One

    (231) 642-6436

    2 in this area

    149 Total Sales

    Shelly Brunette
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1835827

Northern Great Lakes REALTORS® MLS

APN: 51-830-009-00

Michigan Grand Traverse County Traverse City 49684 Central

316 W 12th St, Traverse City, MI

This home is located at 316 W 12th St, Traverse City, MI 49684 since 20 July 2017 and is currently estimated at $522,775, approximately $284 per square foot. This property was built in 1906. 316 W 12th 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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