NOT LISTED FOR SALE

38 Mathison Rd Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $268,000 - $325,000

2 Beds
1 Bath
768 Sq Ft
$382/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $170,000 $221 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $2,058/month

7 Days on Market

Highlights

  • Countryside Views
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Central High School Rated A-
  • 1 Car Attached Garage
  • 4-minute walk to Pelizzari Natural Area

About This Home

As of July 2019

Beautiful condo at the base of Old Mission Peninsula. Updated interior has been meticulously maintained and is freshly painted. Perfect property for first-time buyers, college students or those looking for an easy-to-maintain getaway home. Idyllically located within minutes of Traverse City's world-famous wineries, breweries, boat launches, marinas, picturesque beaches and protected natural areas. Currently vacant and ready to show! Note: Room dimensions are approximate and should be verified by buyer and buyer's agent.

Last Agent to Sell the Property

Jan Plantrich

Bayside Real Estate License #6501268601 Listed on: 05/15/2019

Co-Listed By

Edwin J. Campbell

REO - Elk Rapids-101308 License #2312646604

Last Buyer's Agent

Catherine Barris

REO-TCRandolph-233022 License #6506044890

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,613

Year Built

  • Built in 1979

Lot Details

  • Lot Has A Rolling Slope
  • Garden
  • The community has rules related to zoning restrictions

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Countryside Views
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Patio
  • Ground Level Unit

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, sewer, snow removal, trash removal, water
  • Cherrywood Commons Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,613

Year Built

Built in 1979

Lot Details

0

HOA Fees

$245 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1979
  • Construction: Frame
  • Section Number: 25
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Blinds, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Foyer Entrance, Pantry
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12.00x10.00
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 10.00x08.00
  • Living Room: Dimensions: 16.00x13.00
  • Estimated Above Ground Finished Sq Ft: 768
  • Price Per Sq Ft: 221.35
  • Range: R 10W
  • Total Finished Sf Apx: 768

Exterior Features

  • Exterior Features: Patio, Countryside View, Garden Area
  • Exterior Finish: Vinyl
  • Foundation: Block, Unfinished
  • Road: Association, Concrete
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 1
  • Primary Garage: Attached, Door Opener, Paved Driveway

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Sewer, Snow Removal, Trash Removal, Water
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor)
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 245

Association/Amenities

  • Development Amenities: Pets Allowed, Common Area
  • Development Name: Cherrywood Commons

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Rolling
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 1, 2019
Sold by
Kerns Connie F
Bought by
Markham Margaget M
Seller's Agent
Jan Plantrich
Bayside Real Estate
Buyer's Agent
Catherine Barris
REO-TCRandolph-233022
List Price
$165,000
Sold Price
$170,000
Premium/Discount to List
$5,000
3.03%
Current Estimated Value
$293,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,168
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Jan 10, 2011

Purchase Details

Closed on
Sep 13, 2010

Purchase Details

Closed on
Feb 26, 2007

Purchase Details

Closed on
Nov 30, 2001

Purchase Details

Closed on
Jul 19, 2000

Purchase Details

Closed on
Dec 9, 1985
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
Markham Margaget M $170,000 --
-- -- --
-- $100,000 --
-- -- --
-- $95,500 --
-- $85,000 --
-- $50,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $170,000 +3.0% $221 / Sq Ft
05/15/2019 05/15/19 For Sale $165,000 -- $215 / 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 $2,613 $172,600 $0 $0
2024 $1,719 $141,400 $0 $0
2023 $1,645 $82,400 $0 $0
2022 $2,354 $86,500 $0 $0
2021 $2,198 $82,400 $0 $0
2020 $2,206 $82,400 $0 $0
2019 $2,173 $51,700 $0 $0
2018 $3,438 $51,700 $0 $0
2017 -- $51,700 $0 $0
2016 -- $49,700 $0 $0
2014 -- $44,500 $0 $0
2012 -- $49,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Plantrich

    Seller's Agent in 2019

    Jan Plantrich

    Bayside Real Estate

    (248) 247-1040

    17 Total Sales

    Jan Plantrich
    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Edwin J. Campbell

    Real Estate One

    Section Image
  • Catherine Barris

    Buyer's Agent in 2019

    Catherine Barris

    Real Estate One

    (231) 633-4921

    5 in this area

    34 Total Sales

    Catherine Barris
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1861180

Northern Great Lakes REALTORS® MLS

APN: 11-451-002-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

38 Mathison Rd, Traverse City, MI

This home is located at 38 Mathison Rd, Traverse City, MI 49686 since 15 May 2019 and is currently estimated at $293,168, approximately $381 per square foot. This property was built in 1979. 38 Mathison Rd is a home located in Grand Traverse County with nearby schools including Eastern Elementary 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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