NOT LISTED FOR SALE

702 Washington St Traverse City, MI 49686

Oak Park Neighborhood

Estimated Value: $616,161 - $1,318,000

3 Beds
1 Bath
1,314 Sq Ft
$648/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2012

Last sale price $141,100 $107 Per Sq Ft

Est. 503% increase in value since last sale

Current estimated payment $5,303 / mo

6 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Central High School Rated A-
  • 3-minute walk to F and M Park

About This Home

As of June 2012

Beautiful turn of the century duplex near downtown. This is a great opportunity for investors who would like good cash flow and a classic Traverse City home on a beautiful lot, just across from F&M Park. House features two 3 bedroom, 1 bath units: one up and one down. Home is in good condition and qualifies for Fannie Mae Homepath financing.

Last Agent to Sell the Property

Tom Wiltse

Up North Properties Listed on: 02/25/2012

Last Buyer's Agent

Anne Perry

Up North Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 92x204
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,314 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Hannah Lay 7Th Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0.32 Acres

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (2 Story)
  • Style: 2 Story
  • Estimated Year Built: 1905
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Laundry Hook-Up
  • Total Finished Sf Apx: 1314

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Number Of Acres: 0.32
  • Roof: Asphalt

Utilities

  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Tv
  • Water: Municipal
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: Hannah Lay 7th

Lot Info

  • Lot Dimensions: 92x204
  • Zoning Use Restrictions: Residential

Multi Family

  • Total Number Units: 2

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2012
Closed on
Jun 8, 2012
Seller's Agent
Tom Wiltse
Up North Properties
Buyer's Agent
Anne Perry
Up North Properties
List Price
$136,500
Sold Price
$141,100
Premium/Discount to List
$4,600
3.37%
Current Estimated Value
$851,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$709,940
Avg. Annual Appreciation
13.43%

Purchase Details

Closed on
Jul 14, 2011

Purchase Details

Closed on
Jul 6, 2011

Purchase Details

Closed on
Aug 24, 2007

Purchase Details

Closed on
Sep 22, 2005

Purchase Details

Closed on
Mar 16, 1994

Purchase Details

Closed on
Oct 15, 1993

Purchase Details

Closed on
Sep 1, 1990
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Oak Park, MI

  • Jennifer Gaston Real Estate Agent - REMAX Bayshore - Union St TC

    Jennifer Gaston

    REMAX Bayshore - Union St TC

    (231) 715-5257

    119 Total Sales

    3 in Oak Park

    $285K - $420K Price Range

    Jennifer Gaston
     Section Image
  • Amanda Theodoran Real Estate Agent - @properties Christie's Int'l

    Amanda Theodoran

    Responds Quickly

    @properties Christie's Int'l

    (989) 644-9504

    63 Total Sales

    1 in Oak Park

    $350,000 Price

    Amanda Theodoran
     Section Image
  • Ryan Craig Real Estate Agent - @properties Christie's Int'l

    Ryan Craig

    @properties Christie's Int'l

    (231) 715-5287

    219 Total Sales

    3 in Oak Park

    $395K - $683K Price Range

    Ryan Craig
     Section Image
  • Lynne Moon Real Estate Agent - REO-TCRandolph-233022

    Lynne Moon

    REO-TCRandolph-233022

    (231) 642-9688

    147 Total Sales

    3 in Oak Park

    $380K - $412K Price Range

    Lynne Moon
     Section Image
  • Lydia Wiley Real Estate Agent - @properties Christie's Int'l

    Lydia Wiley

    @properties Christie's Int'l

    (888) 364-8716

    43 Total Sales

    2 in Oak Park

    $560K - $582K Price Range

    Lydia Wiley
     Section Image
  • Danielle Jerome Real Estate Agent - Coldwell Banker Schmidt Traverse City

    Danielle Jerome

    Coldwell Banker Schmidt Traverse City

    (947) 886-8274

    116 Total Sales

    1 in Oak Park

    $452,000 Price

    Danielle Jerome
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- $141,100 --
-- -- --
-- $157,600 --
-- -- --
-- $215,000 --
-- $64,000 --
-- $48,400 --
-- $54,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2012 06/08/12 Sold $141,100 +3.4% $107 / Sq Ft
03/02/2012 03/02/12 Pending -- -- --
02/25/2012 02/25/12 For Sale $136,500 -- $104 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,286 $338,700 $0 $0
2025 $6,615 $313,900 $0 $0
2024 $6,503 $288,100 $0 $0
2023 $5,951 $176,700 $0 $0
2022 $6,257 $193,600 $0 $0
2021 $6,117 $176,700 $0 $0
2020 $6,054 $167,800 $0 $0
2019 $6,017 $167,700 $0 $0
2018 $5,890 $162,500 $0 $0
2017 -- $156,800 $0 $0
2016 -- $122,000 $0 $0
2014 -- $97,000 $0 $0
2012 -- $91,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Wiltse Real Estate Agent - Up North Properties

    Seller's Agent in 2012

    Tom Wiltse

    Up North Properties

    (231) 883-4509

    65 Total Sales

    Tom Wiltse
    Section Image

  • AP

    Buyer's Agent in 2012

    Anne Perry

    Up North Properties

    (231) 649-1618

    49 Total Sales

    Anne Perry
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1733506

Northern Great Lakes REALTORS® MLS

APN: 51-642-149-00

Michigan Grand Traverse County Traverse City 49686 Oak Park

702 Washington St, 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 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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