$325,000
SOLD JAN 9, 2025
-- Bed
-- Bath
-- Sq Ft
5,097 Sq Ft Lot

Recently Sold

12% Below List Price

Highlights

  • 1 Fireplace
  • Corner Lot: Yes
  • High Speed Internet
  • Central High School Rated A-
  • Forced Air Heating System

About This Home

As of January 2025

Just blocks from downtown Traverse City sits your next opportunity! This three unit has been a rental for a number of years and is looking for it's new owner. With a little love and some polish, this gem will shine once again. This property may be able to be reconfigured to a single family home again, consult City for permitting. Located convienently near Meijer, Tom's Food Market, Munson Hospital, TC West Middle School and all of the eating establishments of Downtown Traverse City. Off Street parking from both Division and 13th Street.

Last Agent to Sell the Property

Randy Zakrajsek

Five Star Real Estate - Onekama License #6506047335 Listed on: 12/08/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,443

Year Built

  • Built in 1956

Lot Details

  • 5,097 Sq Ft Lot
  • Lot Dimensions are 55 x 93
  • Corner Lot: Yes
  • Level Lot

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1 Fireplace
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Phone Connected
  • Cable TV Available

Community Details

  • 3 Units
  • Hannah's 5Th Addition Subdivision

Listing and Financial Details

  • The owner pays for trash collection, electricity, water, sewer, gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,443

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi Family
  • New Construction: No
  • Year Built: 1956
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 55 x 93
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 6443.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 3
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Heat Source:Natural Gas3: Yes
  • Lot Description:Level: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Lot Description:Corner Lot: Yes
  • Util Avail at Street:Broadband: Yes
  • Location Property Info:Subdivision2: Hannah's 5th Addition
  • Util Avail at Street Electricity Available: Yes
  • Utilities Attached Electricity Connected: Yes
  • Utilities Attached Natural Gas Connected: Yes
  • Util Avail at Street Natural Gas Available: Yes
  • Util Avail at Street Cable Available: Yes
  • Util Avail at Street Phone Available: Yes
  • Utilities Attached Cable Connected: Yes
  • Utilities Attached Phone Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Full
  • Basement: Yes

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 369900.0
  • Lot Features: Level, Sidewalk, Corner Lot
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 3.0
  • General Property Info:Total Parking Spaces: 3.0

Utilities

  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer, Broadband

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Dimensions: 55 x 93
  • Lot Size Sq Ft: 5097.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Electricity, Water, Sewer, Gas
  • Tenant Pays: None

Multi Family

  • Number of Units Total: 3

Tax Info

  • Tax Annual Amount: 6443.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2024
Closed on
Jan 8, 2025
Sold by
Mcclellan Bradley J
Bought by
Adventure Cap Llc
Seller's Agent
Randy Zakrajsek
Five Star Real Estate - Onekama
List Price
$369,900
Sold Price
$325,000
Premium/Discount to List
-$44,900
-12.14%
Views
3
Current Estimated Value
$381,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,311
Avg. Annual Appreciation
21.02%

Purchase Details

Closed on
Jun 15, 2016

Purchase Details

Closed on
Oct 1, 2015

Purchase Details

Closed on
Sep 28, 2015

Purchase Details

Closed on
Oct 26, 2005

Purchase Details

Closed on
Sep 29, 2000

Purchase Details

Closed on
Sep 30, 1994

Purchase Details

Closed on
Mar 1, 1992
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $325,000 --
Deed -- --
Deed -- --
Deed -- --
Deed $212,000 --
Deed $156,300 --
Deed $110,000 --
Deed $70,000 --
Deed $90,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Sold $325,000 -12.1% --
12/08/2024 12/08/24 Pending -- -- --
12/08/2024 12/08/24 For Sale $369,900 -- --
Source: Southwestern Michigan Association of REALTORS®

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 $5,841 $228,400 $0 $0
2024 $5,343 $212,900 $0 $0
2023 $9,834 $144,400 $0 $0
2022 $4,886 $151,700 $0 $0
2021 $4,776 $144,400 $0 $0
2020 $4,727 $150,500 $0 $0
2019 $4,697 $140,300 $0 $0
2018 $4,597 $133,400 $0 $0
2017 -- $115,900 $0 $0
2016 -- $108,200 $0 $0
2014 -- $98,000 $0 $0
2012 -- $89,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 24062273

Southwestern Michigan Association of REALTORS®

APN: 51-834-041-00