NOT LISTED FOR SALE

40 Mathison Rd Traverse City, MI 49686

Old Mission Peninsula Neighborhood

Estimated Value: $286,000 - $329,000

2 Beds
1 Bath
1,116 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2019

Last sale price $159,900 $143 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,100 / mo

14 Days on Market

Highlights

  • Ranch Style House
  • 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 May 2019

Old Mission Peninsula condo. Main floor living with 2 bedrooms and 1 bath. Kitchen appliances and washer & dryer included. Central air. Patio. Attached garage. Finished basement. Landscaped and irrigated lawn. Very clean and move-in ready.

Last Agent to Sell the Property

Janel Brown

REO-TCFront-233021 Listed on: 04/15/2019

REO-TCFront-233021

Last Buyer's Agent

Bob Brick

REMAX Bayshore - West Shore Dr TC

REMAX Bayshore - West Shore Dr TC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $245 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,116 Sq Ft Home
  • Ceiling Fan
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

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
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Patio
  • Ground Level Unit

Community Details

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

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

741 Sq Ft Lot

HOA Fees

$245 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1975
  • Construction: Frame
  • Univs Design Barrier Free: Main Floor Access, No Steps Entry
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1975
  • Year Renovated: 2007

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Ceiling Fan
  • Interior Amenities: Pantry, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12.03x09.08, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.00x08.05, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 13.00xCOMBO, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 11.00x08.00, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 25.00xCOMBO, On Level: Main Floor, Flooring: Carpet
  • Range: R 10W
  • Total Finished Sf Apx: 1116

Exterior Features

  • Exterior Features: Sprinkler System, Patio, Sidewalk, Landscaped
  • Foundation: Partial, Block, Finished Rooms
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • 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, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal, Trash Removal
  • Annual Association Fees: 2940
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Annual

Association/Amenities

  • Development Name: Cherrywood Commons

Lot Info

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

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

Listed on
Apr 15, 2019
Closed on
Apr 30, 2019
Sold by
Bought by
Seller's Agent
Janel Brown
REO-TCFront-233021
Buyer's Agent
Bob Brick
REMAX Bayshore - West Shore Dr TC
List Price
$159,900
Sold Price
$159,900
Current Estimated Value
$316,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,608
Avg. Annual Appreciation
10.02%

Purchase Details

Closed on
Dec 2, 2014

Purchase Details

Closed on
Aug 12, 2010

Purchase Details

Closed on
Jan 6, 2004

Purchase Details

Closed on
Apr 29, 1999

Purchase Details

Closed on
Sep 28, 1995

Purchase Details

Closed on
Mar 1, 1993
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$159,900 --
-- --
$95,000 --
$87,500 --
$92,500 --
$80,000 --
$66,000 --
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
05/01/2019 05/01/19 Sold $159,900 0.0% $143 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $159,900 -- $143 / 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
2025 $1,745 $170,700 $0 $0
2024 $1,702 $139,800 $0 $0
2023 $1,629 $81,600 $0 $0
2022 $2,332 $85,700 $0 $0
2021 $2,176 $81,600 $0 $0
2020 $2,184 $81,600 $0 $0
2019 $1,243 $54,200 $0 $0
2018 $1,664 $54,200 $0 $0
2017 -- $54,200 $0 $0
2016 -- $52,100 $0 $0
2014 -- $46,600 $0 $0
2012 -- $44,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Janel Brown

    Seller's Agent in 2019

    Janel Brown

    Real Estate One

    (231) 313-1922

    3 in this area

    193 Total Sales

    Janel Brown
    Section Image
  • Bob Brick

    Buyer's Agent in 2019

    Bob Brick

    RE/MAX Michigan

    (231) 715-1464

    30 in this area

    817 Total Sales

    Bob Brick
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1859274

Northern Great Lakes REALTORS® MLS

APN: 11-451-001-00

Michigan Grand Traverse County Traverse City 49686 Old Mission Peninsula

40 Mathison Rd, 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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