627 Terrace Dr Traverse City, MI 49686
East Traverse City Neighborhood
3
Beds
1
Bath
1,056
Sq Ft
0.39
Acres
Highlights
- Fenced Yard
- 1 Car Detached Garage
- Paneling
- Central High School Rated A-
- Porch
- Forced Air Heating and Cooling System
About This Home
As of December 2024Welcome to 627 Terrace! This charming 3-bedroom, 1-bathroom ranch is tucked away in a quiet neighborhood, offering a prime location near downtown Traverse City, East Bay, and West Bay beaches. Perfect for those who enjoy an active lifestyle, you’ll be just a short bike ride from East Bay Park, the TART Trail, and the Civic Center, with plenty of outdoor adventures and easy access to downtown amenities. The home features beautifully maintained wood floors in all three bedrooms, and the deep lot showcases mature hardwoods with two garden beds added in 2020. Recent upgrades include a new roof installed in 2024 with a transferable warranty, a 200A main service panel, and motion detection lighting. The garage is set up for future projects or expansion, with natural gas and water lines, plus a 60A, 220V feed added in 2019. This registered home, manufactured by United States Steel Homes, Inc., sits on a buildable .39-acre lot, providing room to grow. A convenient easement alley leads directly to Eighth Street, and a reserved area on the east side of the lot is perfect for storing boats and trailers. Explore the possibilities and make this central yet peaceful home your own!
Last Agent to Sell the Property
REMAX Bayshore - Union St TC License #6501407456 Listed on: 10/21/2024
Property Details
Home Type
- Modular Prefabricated Home
Est. Annual Taxes
- $3,243
Year Built
- Built in 1955
Lot Details
- 0.39 Acre Lot
- Lot Dimensions are 100x171
- Fenced Yard
- Level Lot
- The community has rules related to zoning restrictions
Home Design
- Block Foundation
- Asphalt Roof
- Steel Siding
Interior Spaces
- 1,056 Sq Ft Home
- 1-Story Property
- Paneling
- Gas Fireplace
- Basement Fills Entire Space Under The House
Kitchen
- Oven or Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Alley Access
- Garage Door Opener
Outdoor Features
- Shed
- Porch
Schools
- Traverse Heights Elementary School
- Traverse City East Middle School
- Central High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- Cromwell Terrace Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2024
Closed on
Dec 27, 2024
Sold by
Wiley Kathleen M
Bought by
Talbot Hayden
Seller's Agent
Kyle O'Grady
REMAX Bayshore - Union St TC
Buyer's Agent
Janel Brown
REO-TCFront-233021
List Price
$320,000
Sold Price
$305,000
Premium/Discount to List
-$15,000
-4.69%
Total Days on Market
63
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,739
Avg. Annual Appreciation
5.81%
Purchase Details
Closed on
Jun 6, 2003
Purchase Details
Closed on
Jul 2, 2002
Similar Homes in Traverse City, MI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $305,000 | -- | |
| Deed | $149,000 | -- | |
| Deed | $130,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | Sold | $305,000 | -4.7% | $289 / Sq Ft |
| 10/21/2024 10/21/24 | For Sale | $320,000 | -- | $303 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $3,243 | $158,000 | $0 | $0 |
| 2024 | $2,876 | $143,500 | $0 | $0 |
| 2023 | $2,676 | $104,900 | $0 | $0 |
| 2022 | $2,880 | $110,100 | $0 | $0 |
| 2021 | $2,822 | $104,900 | $0 | $0 |
| 2020 | $2,795 | $103,100 | $0 | $0 |
| 2019 | $2,785 | $87,900 | $0 | $0 |
| 2018 | $2,728 | $84,200 | $0 | $0 |
| 2017 | -- | $87,400 | $0 | $0 |
| 2016 | -- | $76,200 | $0 | $0 |
| 2014 | -- | $69,900 | $0 | $0 |
| 2012 | -- | $67,300 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle O'Grady
Seller's Agent in 2024
Kyle O'Grady
RE/MAX Michigan
(231) 499-9999
3 in this area
102 Total Sales
-
Janel Brown
Buyer's Agent in 2024
Janel Brown
Real Estate One
(231) 313-1922
8 in this area
200 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1928334
APN: 51-534-027-00
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.
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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