$392,000
SOLD JAN 5, 2023
4 Beds
2 Baths
2,109 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$186 Per Sq Ft

11% Below List Price

56 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Covered patio or porch
  • Central High School Rated A-
  • Granite Countertops
  • Attached Garage

About This Home

As of January 2023

Whether loved as a single-family home or as a duplex rental investment, this well-maintained gem on a large corner lot is a rare opportunity in the Central Neighborhood in Traverse City. The main level has been recently updated, with a lovely open floor plan, new kitchen with pantry, recently updated bath, 2 large bedrooms, and a 3rd smaller office or additional bedroom. Original and well-kept flooring and trim add to the charm, while newer windows throughout the home keep the spaces cozy and efficient. You'll find an attached 2 car garage and large unfinished basement add to the convenience of being downtown, as well as an entryway mudroom, coat closet and beautiful covered front porch. The 2-bedroom upper unit is rental ready with a private entrance, featuring laundry hook ups in unit, a full kitchen with room for a dining table, and its own water heater and electrical meter. This is a unique opportunity to own in downtown Traverse City! Inspections were not performed, buyers changed their minds.

Last Agent to Sell the Property

Amber Griswold

CENTURY 21 Northland License #6501413906 Listed on: 11/02/2022

CENTURY 21 Northland

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,080

Year Built

  • Built in 1909

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x162
  • The community has rules related to zoning restrictions

Parking

  • Attached Garage

Home Design

  • Duplex
  • Victorian Architecture
  • Frame Construction
  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 2,109 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Schools

  • Central Grade Elementary School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • Perry Hannah's 2Nd Add. Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,080

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story, Victorian
  • Estimated Year Built: 1909
  • Construction: Frame
  • Section Number: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1909

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Window A/C Unit (s), Exhaust Fan, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms
  • Interior Amenities: Hardwood Floors, Laundry Hook-Up, Pantry, Granite Kitchen Tops
  • Price Per Sq Ft: 185.87
  • Range: R 11W
  • Total Finished Sf Apx: 2109

Exterior Features

  • Exterior Features: Covered Porch
  • Exterior Finish: Press Board Siding
  • Foundation: Full
  • Number Of Acres: 0.19
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt, Metal

Garage/Parking

  • Primary Garage: Two Car, Attached

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Wifi
  • Water: Municipal
  • Heating Cooling Type: Forced Air, Window Air Conditioner

Association/Amenities

  • Development Name: Perry Hannah's 2nd Add.

Schools

  • School District: Traverse City Area Public Schools
  • Elementary School: Central Grade School

Lot Info

  • Lot Dimensions: 50x162
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Multi Family

  • Total Number Units: 2

MLS Schools

  • Elementary School: Central Grade School
  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2022
Closed on
Jan 5, 2023
Sold by
Rom Edward J
Bought by
Bennett William M
Seller's Agent
Amber Griswold
CENTURY 21 Northland
List Price
$440,000
Sold Price
$392,000
Premium/Discount to List
-$48,000
-10.91%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $392,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 For Sale $550,000 0.0% $261 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $550,000 +40.3% $261 / Sq Ft
01/05/2023 01/05/23 Sold $392,000 -8.3% $186 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/08/2022 12/08/22 Price Changed $427,500 -1.7% $203 / Sq Ft
11/21/2022 11/21/22 Price Changed $435,000 -1.1% $206 / Sq Ft
11/02/2022 11/02/22 For Sale $440,000 -- $209 / 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 $13,080 $261,500 $0 $0
2024 $12,083 $235,400 $0 $0
2023 $9,094 $161,600 $0 $0
2022 $9,384 $171,300 $0 $0
2021 $3,903 $161,600 $0 $0
2020 $3,862 $156,000 $0 $0
2019 $4,577 $144,600 $0 $0
2018 $4,479 $139,300 $0 $0
2017 -- $132,000 $0 $0
2016 -- $129,400 $0 $0
2014 -- $109,600 $0 $0
2012 -- $92,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1906386

Northern Great Lakes REALTORS® MLS

APN: 51-822-138-00