NOT LISTED FOR SALE

701 Monroe St Traverse City, MI 49684

Slabtown Neighborhood

Estimated Value: $1,074,000 - $1,396,000

4 Beds
2 Baths
2,886 Sq Ft
$420/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $590,000 $204 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,779/month

90 Days on Market

Highlights

  • Public Water Access
  • Bay View
  • Great Room
  • Willow Hill Elementary School Rated A-
  • Cathedral Ceiling
  • 3-minute walk to Darrow Park

About This Home

As of December 2016

Don’t miss your chance to own a historic home in Traverse City’s most sought after neighborhood, Slabtown. This impressive nearly triple sized lot sits on a corner, across the street from beautiful Darrow Park. One of the few lots in Slabtown with a water view, this home is just a five minute walk to newly revamped north side of West End Beach. Lots of beautiful historical details through this home, including original hardwood floors, gorgeous built in shelves, three fireplaces and an expansive brick patio, perfect for relaxing and entertaining your guests. Nothing like it, come see for yourself!

Last Agent to Sell the Property

Shawn Schmidt Smith

Coldwell Banker Schmidt Traver License #6502361697 Listed on: 08/24/2016

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Shawn Schmidt Smith

Coldwell Banker Schmidt Traver License #6502361697 Listed on: 08/24/2016

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,783

Year Built

  • Built in 1939

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 99 x 200
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,886 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling
  • Whole House Fan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Bay Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Crawl Space

Parking

  • 3 Car Attached Garage
  • Private Driveway

Outdoor Features

  • Public Water Access
  • Balcony
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,783

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1939
  • Construction: Frame
  • Section Number: 28
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1939

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Trash Compactor, Washer, Dryer, Blinds, Drapes, Curtain Rods, Ceiling Fan, Whole House Fan/Attic Fan, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Beamed Ceilings, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 13x27.5, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 13x11.25, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room: Dimensions: 13.3x13.3, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 16.8x22.5, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 13.3x11.6, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 22x13.5, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 2886
  • Estimated Below Grade Unfinished Sq Ft: 650
  • Price Per Sq Ft: 204.44
  • Range: R 11W
  • Total Finished Sf Apx: 2886

Exterior Features

  • Exterior Features: Bay View, Sprinkler System, Balcony, Patio, Sidewalk, Landscaped, Garden Area
  • Exterior Finish: Wood
  • Foundation: Partial, Crawl Space, Block, Unfinished, Entrance Inside
  • Number Of Acres: 0.41
  • Road: Concrete, Public Maintained
  • Roof: Asphalt
  • Water Features: Water View, Near Pub.Access w/in 500'

Garage/Parking

  • Driveway: Concrete, Private
  • Garage Capacity: 3
  • Primary Garage: Attached, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood
  • Heating Cooling Types: Baseboard, Zoned/Dual
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet, Dish TV
  • Water: Municipal

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Cleared, Level
  • Lot Dimensions: 99 x 200
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • 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
Aug 24, 2016
Closed on
Dec 8, 2016
Seller's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
Buyer's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
List Price
$699,000
Sold Price
$590,000
Premium/Discount to List
-$109,000
-15.59%
Total Days on Market
90
Current Estimated Value
$1,210,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,779
Avg. Annual Appreciation
8.07%
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 Buyer Sale Price Title Company
-- $590,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $590,000 -15.6% $204 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $699,000 -- $242 / 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
2024 $11,783 $458,400 $0 $0
2023 $10,962 $329,700 $0 $0
2022 $11,797 $361,800 $0 $0
2021 $11,558 $329,700 $0 $0
2020 $11,448 $322,000 $0 $0
2019 $11,409 $314,300 $0 $0
2018 $11,174 $298,300 $0 $0
2017 -- $288,100 $0 $0
2016 -- $217,200 $0 $0
2014 -- $196,300 $0 $0
2012 -- $213,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shawn Schmidt Smith

    Seller's Agent in 2016

    Shawn Schmidt Smith

    Coldwell Banker Schmidt Traver

    (231) 499-1990

    6 in this area

    204 Total Sales

    Shawn Schmidt Smith
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1822213

Northern Great Lakes REALTORS® MLS

APN: 51-598-118-00

Michigan Grand Traverse County Traverse City 49684 Slabtown

701 Monroe St, Traverse City, MI

This home is located at 701 Monroe St, Traverse City, MI 49684 since 24 August 2016 and is currently estimated at $1,210,779, approximately $419 per square foot. This property was built in 1939. 701 Monroe St is a home located in Grand Traverse County with nearby schools including Willow Hill Elementary School, West Middle School, and West Senior 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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