NOT LISTED FOR SALE

518 W Twelfth St Traverse City, MI 49684

Central Neighborhood

Estimated Value: $387,000 - $450,000

2 Beds
1 Bath
1,064 Sq Ft
$388/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $200,000 $188 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,611/month

258 Days on Market

Highlights

  • Fenced Yard
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Central High School Rated A-
  • Walk-In Closet
  • Patio

About This Home

As of July 2016

Welcome to the Hobbit House! Throw all the adjectives at this cobblestone cottage...quaint, cozy, whimsical, cute.com, the House at Pooh Corner! Nicely remodeled in 2007-8 with wood and tile flooring, main floor laundry, roof, electrical and more. Cobblestone garage has a nicely finished studio or office not included in sq. ft. Situated on a partially fenced double lot convenient to downtown.

Last Agent to Sell the Property

Douglas Meteyer

Keller Williams Northern Michi License #6504206525 Listed on: 10/06/2015

Keller Williams Northern Michi

Last Buyer's Agent

Chris Christensen

Five Star Real Estate - Front St TC License #6501275112

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,232

Year Built

  • Built in 1938

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60 x 162
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Bookcases

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Alley Access

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Hannah's 5Th Addition Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,232

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bungalow, 1 Story
  • Estimated Year Built: 1938
  • Construction: Frame
  • Section Number: 1
  • Year Updated: 2009
  • Year Renovated: 2009
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1938

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Natural Gas Water Heater
  • Interior Amenities: Built-In Bookcase, Walk-In Closet(s)
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13x10, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 10x8, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room: Dimensions: 11x10, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 13x10, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 16x12, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1064
  • Estimated Below Grade Unfinished Sq Ft: 517
  • Price Per Sq Ft: 187.97
  • Range: R 10W
  • Total Finished Sf Apx: 1064

Exterior Features

  • Additional Buildings: Workshop
  • Exterior Features: Patio, Sidewalk, Fenced Yard, Landscaped, Garden Area
  • Exterior Finish: Stone
  • Foundation: Partial, Michigan Basement, Crawl Space
  • Number Of Acres: 0.22
  • Road: Public Maintained, Concrete
  • Roof: Asphalt

Garage/Parking

  • Driveway: Alley Access
  • Garage Capacity: 1
  • Primary Garage: Detached, Alley Entrance

Utilities

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

Association/Amenities

  • Development Name: Hannah's 5th Addition

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level
  • Lot Dimensions: 60 x 162
  • 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
Oct 6, 2015
Closed on
Jul 1, 2016
Seller's Agent
Douglas Meteyer
Keller Williams Northern Michi
Buyer's Agent
Chris Christensen
Five Star Real Estate - Front St TC
List Price
$229,000
Sold Price
$200,000
Premium/Discount to List
-$29,000
-12.66%
Current Estimated Value
$412,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,490
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Mar 7, 2007
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
-- $200,000 --
-- $85,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $200,000 -12.7% $188 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $229,000 -- $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 $4,232 $190,600 $0 $0
2024 $3,754 $182,000 $0 $0
2023 $3,493 $123,200 $0 $0
2022 $3,759 $126,700 $0 $0
2021 $3,683 $123,200 $0 $0
2020 $3,648 $124,600 $0 $0
2019 $3,635 $112,800 $0 $0
2018 $3,561 $97,900 $0 $0
2017 -- $91,800 $0 $0
2016 -- $79,400 $0 $0
2014 -- $63,000 $0 $0
2012 -- $51,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Douglas Meteyer

    Seller's Agent in 2016

    Douglas Meteyer

    Keller Williams Northern Michi

    (616) 204-2768

    1 in this area

    51 Total Sales

    Section Image
  • Chris Christensen

    Buyer's Agent in 2016

    Chris Christensen

    Five Star Real Estate - Front St TC

    (231) 409-3556

    5 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1807381

Northern Great Lakes REALTORS® MLS

APN: 51-834-016-00

Michigan Grand Traverse County Traverse City 49684 Central

518 W Twelfth St, Traverse City, MI

This home is located at 518 W Twelfth St, Traverse City, MI 49684 since 06 October 2015 and is currently estimated at $412,490, approximately $387 per square foot. This property was built in 1938. 518 W Twelfth 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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