NOT LISTED FOR SALE

540 N Spruce 540 N Spruce Traverse City, MI 49684

Slabtown Neighborhood
5 Beds
5 Baths
4,000 Sq Ft
4,792 Sq Ft Lot

Last Sold September 12, 2023

Last sale price $805,000 $201 Per Sq Ft

74 Days on Market

Highlights

  • Bay View
  • Corner Lot
  • In-Law or Guest Suite
  • Willow Hill Elementary School Rated A-
  • 1 Car Detached Garage
  • 3-minute walk to Veteran's Park

About This Home

As of September 2023

Location and View! Unique property with loads of potential. There are three apartments and an office (previously a dental office). The main apartment offers 3 bedrooms and one full bath, living room, kitchen with eat in dining area and walk in laundry closet. The second apartment is efficiency style with one full bath and the third has one bedroom and one full bath, building offering a total of 5 bedrooms and 5 bathrooms. Excellent location with all of the conveniences of downtown Traverse City right out your door along with a beautiful view of West Bay. You must see this property in person so fully appreciate all that is has to offer. Above tax id is where the building sits. Parcel number 2851594005-01, vacant lot 8 on survey, is included.

Last Agent to Sell the Property

Karen Schmidt

Coldwell Banker Schmidt Traver License #6501234844 Listed on: 06/29/2023

Coldwell Banker Schmidt Traver

Co-Listed By

Danielle Jerome

Coldwell Banker Schmidt Traver License #6501377986

Last Buyer's Agent

Karen Schmidt

Coldwell Banker Schmidt Traver License #6501234844 Listed on: 06/29/2023

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1946

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 41x116.87 50x80
  • Corner Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Bay Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Goodrich's Add Community

Home Details

Home Type

Single Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, In-Law Suite or Apartment, Apartment
  • Estimated Year Built: 1946
  • Construction: Frame
  • Section Number: 5
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1946

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher
  • Interior Amenities: Drywall
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 13.8x10.8, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 8.5x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14.9x6, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 4
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 17xcombo, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: combox15, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 22x13.9, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 4000
  • Price Per Sq Ft: 201.25
  • Range: R 11W
  • Total Finished Sf Apx: 4000

Exterior Features

  • Exterior Features: Bay View
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.11
  • Road: Public Maintained
  • Roof: Membrane
  • Water Features: Water View, Bay View

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 1
  • Primary Garage: Detached

Utilities

  • Heating Cooling Types: Hot Water
  • Laundry: Dimensions: 8.10x5.4, On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Dish TV, Cable TV, DSL, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: Goodrich's Add

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Corner Lot, Cleared
  • Lot Dimensions: 41X116.87 50X80
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $805,000 +2.0% $201 / Sq Ft
09/11/2023 09/11/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $789,000 -- $197 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Karen Schmidt

    Seller's Agent in 2023

    Karen Schmidt

    Coldwell Banker Schmidt Traver

    (231) 218-4463

    4 in this area

    132 Total Sales

    Karen Schmidt
    Section Image
  • Danielle Jerome

    Seller Co-Listing Agent in 2023

    Danielle Jerome

    Coldwell Banker Schmidt Traver

    (248) 762-2622

    4 in this area

    141 Total Sales

    Danielle Jerome
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1912778

Northern Great Lakes REALTORS® MLS
Michigan Grand Traverse County Traverse City 49684 Slabtown

540 N Spruce 540 N Spruce, 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 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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