NOT LISTED FOR SALE

7948 E Traverse Hwy Traverse City, MI 49684

Estimated Value: $699,000

5 Beds
1 Bath
1,474 Sq Ft
$474/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $435,000 $295 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,560/month

56 Days on Market

Highlights

  • 7 Acre Lot
  • Pole Barn
  • Workshop
  • Deck
  • Farmhouse Style Home
  • 2 Car Attached Garage

About This Home

As of January 2022

Historic 5 bed 1474sf farmhouse on 7 acres needs a new family and memories to be made. Home needs updating but has good bones. Corner property at the base of Leelanau Peninsula with excellent potential for agricultural or high density residential development. Additional 3200sf pole building, 628sf "milk house" and workshop in the attached garage. Near farm markets and wineries. 3 miles from downtown TC, Munson, West Bay and all this wonderful area has to offer. Home and outbuildings being sold as is. 24 Acre parcel to the west of the property is for sale and can be combined for remaining parent parcel splits MLS 1860371

Last Agent to Sell the Property

Kelley Simonis

Keller Williams Northern Michi License #6501390458 Listed on: 09/09/2021

Keller Williams Northern Michi

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 7 Acre Lot
  • Lot Dimensions are 829.04 x 452.75
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Farmhouse Style Home
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,474 Sq Ft Home
  • 2-Story Property
  • Workshop
  • Michigan Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Pole Barn

Location

  • Mineral Rights

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Oil
  • Heating System Uses Oil
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Farm House
  • Estimated Year Built: 1938
  • Construction: Frame
  • Section Number: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1938

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Water Softener Owned, Washer, Dryer, Electric Water Heater
  • Interior Amenities: Workshop
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 11.5x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.5x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 8x11.5, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11.5x9, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 12x14, On Level: Main Floor
  • Kitchen: Dimensions: 12x12, On Level: Main Floor
  • Living Room: Dimensions: 13x14, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1474
  • Estimated Below Grade Unfinished Sq Ft: 725
  • Price Per Sq Ft: 295.12
  • Range: R 12W
  • Total Finished Sf Apx: 1474

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Exterior Features: Deck
  • Exterior Finish: Vinyl
  • Foundation: Michigan Basement
  • Number Of Acres: 7
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: metes & bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Previously Farmed, Level
  • Lot Dimensions: 829.04 x 452.75
  • Mineral Rights: To Pass With Title
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Agricultural, Outbuildings Allowed, Agricultural Res

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2015
Current Estimated Value
$699,000
Source: Public Records

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
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $435,000 -3.3% $295 / Sq Ft
09/09/2021 09/09/21 For Sale $450,000 -- $305 / 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
2023 -- $278,098 $0 $0
2022 $0 $241,074 $0 $0
2021 $0 $227,258 $0 $0
2020 $0 $224,710 $0 $0
2019 $0 $220,456 $0 $0
2017 -- $214,900 $0 $0
2016 -- $211,500 $0 $0
2014 -- $230,000 $0 $0
2012 -- $229,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelley Simonis

    Seller's Agent in 2022

    Kelley Simonis

    Keller Williams Northern Michi

    (231) 632-0096

    4 in this area

    32 Total Sales

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1892789

Northern Great Lakes REALTORS® MLS

APN: 08-001-001-00

Michigan Grand Traverse County Traverse City 49684

7948 E Traverse Hwy, Traverse City, MI

This home is located at 7948 E Traverse Hwy, Traverse City, MI 49684 since 09 September 2021 and is currently priced at $699,000, approximately $474 per square foot. This property was built in 1938. 7948 E Traverse Hwy 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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