NOT LISTED FOR SALE

402 Wadsworth St Traverse City, MI 49684

Central Neighborhood

Estimated Value: $729,000 - $1,020,000

5 Beds
3.5 Baths
2,870 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $439,500 $153 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,513/month

5 Days on Market

Highlights

  • Radiant Floor
  • Corner Lot
  • Covered Patio or Porch
  • Central High School Rated A-
  • Den
  • 4-minute walk to Hannah Park

About This Home

As of May 2016

Sq Ft Approximate -- Either a gorgeous 5 bedroom family house or continue it as Traverse City's only legal rooming house (grandfathered in). Ideal location with an ooh-la-la list of upgrades -- wood floors, cherry kitchen, Viking stove, beautiful porch. You'll love everything about this place. Owners last year brought in $30,000 in rental income with no winter rentals. Three blocks from downtown, four blocks from the bay. An incredible opportunity for either a family house or someone who loves the idea of meeting and hosting a variety of people in a magnificent house!

Last Agent to Sell the Property

Jack Lane

REO-TCRandolph-233022 License #6506036941 Listed on: 03/28/2016

REO-TCRandolph-233022

Last Buyer's Agent

Kevin Perkins

Coldwell Banker Schmidt Traver License #6501379481

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,718

Year Built

  • Built in 1906

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 80x45
  • Corner Lot
  • Garden
  • The community has rules related to zoning restrictions

Parking

  • Private Driveway

Home Design

  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,870 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Den
  • Workshop
  • Radiant Floor
  • Michigan Basement

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • Hannah Lay & Co 6Th Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,718

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 1906
  • Construction: Timber Frame
  • Section Number: 31
  • Year Updated: 2014
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1906

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Exhaust Fan, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Skylights, Built-In Bookcase, Foyer Entrance, Pantry, Den/Study, Workshop
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 12x11.5, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 11x8.5, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 11.5x9, On Level: Upper Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 12x9, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 12x10.5, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 11x10.5, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 21x10.5, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2870
  • Estimated Below Grade Unfinished Sq Ft: 1366
  • Price Per Sq Ft: 153.14
  • Range: R 11E
  • Total Finished Sf Apx: 2870

Exterior Features

  • Exterior Features: Sidewalk, Covered Porch, Garden Area
  • Exterior Finish: Wood
  • Foundation: Michigan Basement
  • Number Of Acres: 0.08
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete, Private

Utilities

  • Heating Cooling Types: Hot Water, Radiant Floor
  • Laundry: Dimensions: 6x8, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Association/Amenities

  • Development Name: Hannah Lay & Co 6th

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Corner Lot
  • Lot Dimensions: 80x45
  • Parcel Description: Subdivision
  • 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
Mar 28, 2016
Closed on
May 17, 2016
Seller's Agent
Jack Lane
REO-TCRandolph-233022
Buyer's Agent
Kevin Perkins
Coldwell Banker Schmidt Traver
List Price
$449,500
Sold Price
$439,500
Premium/Discount to List
-$10,000
-2.22%
Current Estimated Value
$854,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,107
Avg. Annual Appreciation
6.92%

Purchase Details

Closed on
Dec 7, 2012
Source: Public Records

Range of Values:

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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
-- $439,500 --
-- $160,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $439,500 -2.2% $153 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $449,500 -- $157 / 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 $10,718 $320,900 $0 $0
2024 $9,508 $294,600 $0 $0
2023 $8,845 $239,400 $0 $0
2022 $9,519 $259,900 $0 $0
2021 $7,644 $239,400 $0 $0
2020 $9,665 $234,100 $0 $0
2019 $7,546 $204,600 $0 $0
2018 $10,907 $198,800 $0 $0
2017 -- $190,500 $0 $0
2016 -- $160,900 $0 $0
2014 -- $130,000 $0 $0
2012 -- $173,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack Lane

    Seller's Agent in 2016

    Jack Lane

    Real Estate One

    (231) 883-7444

    3 in this area

    131 Total Sales

    Jack Lane
    Section Image
  • Kevin Perkins

    Buyer's Agent in 2016

    Kevin Perkins

    Coldwell Banker Schmidt Traver

    (231) 492-7393

    1 in this area

    74 Total Sales

    Kevin Perkins
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1813646

Northern Great Lakes REALTORS® MLS

APN: 51-638-071-00

Michigan Grand Traverse County Traverse City 49684 Central

402 Wadsworth St, Traverse City, MI

This home is located at 402 Wadsworth St, Traverse City, MI 49684 since 28 March 2016 and is currently estimated at $854,607, approximately $297 per square foot. This property was built in 1906. 402 Wadsworth 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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