NOT LISTED FOR SALE

7460 Cedar Run Rd Traverse City, MI 49684

Estimated Value: $481,000 - $542,000

6 Beds
3 Baths
2,750 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $333,000 $121 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,351/month

30 Days on Market

Highlights

  • Mud Room
  • Workshop
  • Paneling
  • Den
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

Rare opportunity - live for almost free in one unit, by renting the other two (both 2 BR/1 bath). 4 miles from town, units in nice shape. Much upgrading in 2015 (after the BIG storm), newer windows, roof, etc. Huge yard in a great location. Great starter, retirement, income or summer home. All sorts of possibilities.

Last Agent to Sell the Property

Jack Lane

REO-TCRandolph-233022 License #6506036941 Listed on: 07/06/2021

REO-TCRandolph-233022

Last Buyer's Agent

Eliza Searles

Key Realty One-TC License #6501415172

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,704

Year Built

  • Built in 1977

Lot Details

  • 1.09 Acre Lot
  • Lot Dimensions are 229 x 178
  • Landscaped
  • Garden
  • The community has rules related to zoning restrictions

Parking

  • Attached Garage

Home Design

  • Triplex
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • 2-Story Property
  • Paneling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Den
  • Workshop
  • Walk-Out Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes exterior maintenance, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,704

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Triplex
  • Style: 2 Story
  • Estimated Year Built: 1977
  • Construction: Frame
  • Section Number: 16
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1977

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Drapes, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Island Kitchen, Mud Room, Den/Study, Workshop, Drywall, Paneling
  • Main Floor Primary: Yes
  • Price Per Sq Ft: 121.09
  • Range: R 12W
  • Total Finished Sf Apx: 2750

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Landscaped, Garden Area
  • Exterior Finish: Vinyl Siding
  • Foundation: Walkout, Block
  • Number Of Acres: 1.09
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Paved Driveway, Attached, Drive Under/Built In, Concrete Floors

Utilities

  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Tv, Cable Internet, Wifi
  • Water: Private Well
  • Heating Cooling Type: Forced Air

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Dimensions: 229 x 178
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

Rental Info

  • Included In Lease: Exterior Maintenance, Snow Removal

Multi Family

  • Total Number Units: 3

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2011
Current Estimated Value
$513,263

Purchase Details

Closed on
Apr 22, 2003
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
-- -- --
-- $192,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $333,000 +33.3% $121 / Sq Ft
07/06/2021 07/06/21 For Sale $249,900 -- $91 / 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
2025 $6,704 $188,900 $0 $0
2024 $5,561 $182,800 $0 $0
2023 $5,308 $125,500 $0 $0
2022 $6,112 $139,200 $0 $0
2021 $2,826 $125,500 $0 $0
2020 $2,801 $118,800 $0 $0
2019 $2,643 $110,100 $0 $0
2018 $2,572 $100,000 $0 $0
2017 -- $96,500 $0 $0
2016 -- $91,500 $0 $0
2014 -- $78,500 $0 $0
2012 -- $72,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jack Lane

    Seller's Agent in 2021

    Jack Lane

    Real Estate One

    (231) 883-7444

    8 in this area

    131 Total Sales

    Jack Lane
    Section Image

  • E

    Buyer's Agent in 2021

    Eliza Searles

    Key Realty One-TC

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1889876

Northern Great Lakes REALTORS® MLS

APN: 08-011-016-00

Michigan Grand Traverse County Traverse City 49684

7460 Cedar Run Rd, Traverse City, MI

This home is located at 7460 Cedar Run Rd, Traverse City, MI 49684 since 06 July 2021 and is currently estimated at $513,263, approximately $186 per square foot. This property was built in 1977. 7460 Cedar Run Rd is a home located in Grand Traverse County with nearby schools including Long Lake 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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