$985,000
$115K PRICE DROP

Estimated payment $6,594/month

Total Views 22,308
5 Beds
4.5 Baths
3,700 Sq Ft
$266 Price per Sq Ft

Highlights

  • Guest House
  • Second Garage
  • Corner Lot
  • Willow Hill Elementary School Rated A-
  • Solarium
  • Formal Dining Room

About This Home

Two Homes, One Lot, Endless Potential! Located in one of Traverse City’s most sought-after neighborhoods, this one-of-a-kind property includes two separate full size homes, each with their own private back yard and garage. This prime location is ideal for walkable or bikeable Traverse City, offering all the best of in-town living! The front home is beautifully preserved, bursting with charm and character, featuring original hardwood floors, detailed built-ins, a fabulous sunroom, a gas fireplace, and thoughtful architectural touches that showcase its historical roots. While it maintains its vintage appeal, major updates in 2024 include a high-efficiency furnace and 50-gallon hot water heater ensuring worry-free ownership for years to come. Tucked privately toward the back of the lot, the detached second house is equally impressive. It offers a turn-key solution for those looking to offset their mortgage, host extended family, or capitalize on Traverse City's strong rental market. Fully remodeled with hardwood floors throughout as well as fiber optic this is a private standalone house including a 2-car garage and extra parking space on the side. The fully fenced backyard feels like a hidden garden sanctuary. There is a professionally engineered soundproofing wall to the west of the property! This is a must-see to appreciate its size and potential. All of this just steps away from the vibrant culture of downtown Traverse City with its eclectic shops, top-rated restaurants, Grand Traverse Bay, and community events that define the neighborhood!

Listing Agent

Erika Korndorfer

REO-TCRandolph-233022 License #6501379444 Listed on: 05/09/2025

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,710

Year Built

  • Built in 1949

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 164 x 64
  • Fenced Yard
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Paneling
  • Fireplace
  • Drapes & Rods
  • Blinds
  • Bay Window
  • Entrance Foyer
  • Formal Dining Room
  • Solarium
  • Basement Fills Entire Space Under The House

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Second Garage
  • Drive Under Main Level

Outdoor Features

  • Patio
  • Rain Gutters

Additional Homes

  • Guest House

Utilities

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

Community Details

  • Hannah Lays 6Th Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,710

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, In-Law Suite or Apartment, Apartment
  • Estimated Year Built: 1949
  • Construction: Frame
  • Section Number: 4
  • Year Updated: 2025
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1949

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Blinds, Drapes, Curtain Rods, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Bay Window(s), Foyer Entrance, Pantry, Solarium/Sun Room, Formal Dining Room, Drywall, Paneling
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 15x11, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 15x11, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 11x11, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 4.5
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 12x11.8, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 18.4x16.5
  • Kitchen: Dimensions: 13.5x11, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 17.5x15.5, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 3000
  • Estimated Below Grade Finished Sq Ft: 700
  • Price Per Sq Ft: 266.22
  • Range: R 11W
  • Total Finished Sf Apx: 3700

Exterior Features

  • Additional Buildings: Guest House, Secondary Garage(s)
  • Exterior Features: Sprinkler System, Patio, Sidewalk, Fenced Yard, Garden Area, Gutters
  • Exterior Finish: Aluminum, Brick
  • Foundation: Full Finished
  • Number Of Acres: 0.25
  • Road: Blacktop, Concrete
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 3
  • Primary Garage: Attached, Drive Under/Built-In

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: HANNAH LAYS 6TH

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Corner Lot, Level
  • Lot Dimensions: 164 X 64
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Multi-Family

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $13,710 $305,000 $0 $0
2024 $12,666 $284,300 $0 $0
2023 $11,881 $228,800 $0 $0
2022 $12,261 $223,800 $0 $0
2021 $12,636 $228,800 $0 $0
2020 $12,701 $229,300 $0 $0
2019 $15,279 $273,000 $0 $0
2018 $8,481 $277,500 $0 $0
2017 -- $204,100 $0 $0
2016 -- $183,100 $0 $0
2014 -- $161,900 $0 $0
2012 -- $139,400 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Price Changed $985,000 -10.5% $266 / Sq Ft
05/09/2025 05/09/25 For Sale $1,100,000 +141.8% $297 / Sq Ft
08/23/2018 08/23/18 Sold $455,000 -4.2% $130 / Sq Ft
08/08/2018 08/08/18 For Sale $475,000 0.0% $136 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
06/12/2018 06/12/18 Price Changed $475,000 -4.8% $136 / Sq Ft
05/22/2018 05/22/18 Price Changed $499,000 -5.0% $142 / Sq Ft
04/22/2018 04/22/18 For Sale $525,000 -- $150 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $455,000 --
Deed -- --
Deed -- --
Deed $279,900 --
Deed -- --
Deed -- --
Deed $102,600 --
Deed $110,000 --
Source: Public Records

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1933503

Northern Great Lakes REALTORS® MLS

APN: 51-638-142-00