Tom Krause Real Estate Agent - Krause Realty Solutions

5840 Culver Rd, Traverse City, MI For Sale $995,000 - listed by Tom Krause — For Sale $995,000

Tom Krause listing and buyer's agent for 402 E River St, Cadillac, MI - sold for $150,000 — Sold $150,000

Tom Krause buyer's agent for 4441 Wolverine Dr, Williamsburg, MI - sold for $79,000 — Sold $79,000

Tom Krause listing agent for 9500 S Parker Rd, Traverse City, MI - sold for $1,250,000 — Sold $1,250,000

Tom Krause

Traverse City MI

Krause Realty Solutions

36 Closed Sales

$18.5M Total Value

$150K - $1.6M Price Range

$514.7K Average Price

Prior 5 years

About Tom

Tom Krause got his first taste of real estate at 16 when he and his brothers urged his father to buy a house that they could fix up, and the rest is history.

He later continued to pursue real estate out of a home office, which was a 34-foot travel trailer. He focused mainly on commercial real estate but quickly found that new Traverse City friends and acquaintances approached him to help them find or sell their homes, and the KRS residential division was born.

A number of high-profile commercial projects – including the new TBA Credit Union building on West Grandview Parkway and the former Lear Manufacturing building on South Airport Road – have catapulted Krause’s name into the top ten commercial real estate brokerages in the area.

Home Types: House, Commercial, Mobile Homes, Lot/Land, Multifamily

Years of Experience: 14

Transaction History

1 Year
2 Year
5 Year

Seller Deals
Total Deals	1
Total Value	$150,000
Average Sale Price	$150,000

Buyer Deals
Total Deals	6
Total Value	$3,369,000
Average Sale Price	$561,500
Price Range	$79K - $840K

1 Year View by Quarter

Seller Deals
Total Deals	1
Total Value	$150,000
Average Sale Price	$150,000

Buyer Deals
Total Deals	11
Total Value	$4,832,000
Average Sale Price	$439,273
Price Range	$38K - $840K

Seller Deals
Total Deals	14
Total Value	$9,596,711
Average Sale Price	$685,479
Price Range	$150K - $1.6M

Buyer Deals
Total Deals	22
Total Value	$8,932,001
Average Sale Price	$406,000
Price Range	$38K - $840K

5 Year View

Areas Tom is Experienced In

Traverse City

16 Sales
Long Lake

3 Sales
Cadillac

3 Sales
Blair

3 Sales
Downtown Traverse City

1 Sale
Traverse Heights

1 Sale

Tom's Listings and Deals

Tom's Active Listings

$995,000
- 15 Beds
- 8 Baths
- 5,545 Sq Ft
5840 Culver Rd

Traverse City, MI
This property was operated as an adult foster care/nursing home with 12 private bedrooms on the main/lower level. Most bedrooms have a private or shared half bath. Each area has an ADA accessible shower-room. The upstairs residence features 3 bedrooms and 1 bath with a separate secure entry. This space is built for on-site staff/owner housing. Huge backyard and a large deck, shed with electric,

Tom Krause Krause Realty Solutions

Recently Sold

$150,000

Sold Jul 16, 2025
- 2 Beds
- 1.5 Baths
- 871 Sq Ft
402 E River St

Cadillac, MI
- 14% Below List
- 68 Days On Market
- $172/SF
- Current Est. Value $149K
Tom Krause Krause Realty Solutions

$1,250,000

Sold May 15, 2023
- 3 Beds
- 2 Baths
- 1,968 Sq Ft
9500 S Parker Rd

Traverse City, MI
- 7% Below List
- 0 Days On Market
- $635/SF
- Current Est. Value $1M
Tom Krause Krause Realty Solutions

$281,000

Sold May 1, 2023
- 3 Beds
- 1 Bath
- 1,346 Sq Ft
2104 Holland Cir

Traverse City, MI
- 14% Below List
- 187 Days On Market
- $209/SF
- Current Est. Value $339K
Tom Krause Krause Realty Solutions

$600,000

Sold Apr 11, 2022
- 4 Beds
- 4.5 Baths
- 3,630 Sq Ft
3271 Summer Leaf Dr

Traverse City, MI
- 8% Below List
- 63 Days On Market
- $165/SF
- Current Est. Value $786K
Tom Krause Krause Realty Solutions

$835,000

Sold Mar 15, 2022
- 4 Beds
- 2 Baths
- 2,250 Sq Ft
8012 S West Bay Shore Dr

Traverse City, MI
- 2% Below List
- 61 Days On Market
- $371/SF
- Current Est. Value $1M
Tom Krause Krause Realty Solutions

$371,400

Sold Dec 10, 2021
- 3 Beds
- 2.5 Baths
- 1,925 Sq Ft
1687 Pergola Ave

Traverse City, MI
- 19% Below List
- 113 Days On Market
- $193/SF
- Current Est. Value $531K
Tom Krause Krause Realty Solutions

$549,000

Sold Nov 19, 2021
- 4 Beds
- 3 Baths
- 2,010 Sq Ft
8773 S Maple City Rd

Maple City, MI
- 19% Below List
- 95 Days On Market
- $273/SF
- Current Est. Value $657K
Tom Krause Krause Realty Solutions

$195,400

Sold Sep 16, 2021
- 3 Beds
- 1 Bath
- 1,015 Sq Ft
10884 Platte St

Honor, MI
- 2% Below List
- 67 Days On Market
- $193/SF
- Current Est. Value $282K
Tom Krause Krause Realty Solutions

Awards and Designations

NAR - National Association of Realtors

Agent License: Michigan 6504205259

Tom Krause

(231) 389-6603

Krause Realty Solutions

(231) 389-6603

Nearby Homes

Tom Krause

About Tom

Transaction History

Seller Deals

Buyer Deals

Production Over Time

1 Year View by Quarter

Seller Deals

Buyer Deals

Seller Deals

Buyer Deals

Production Over Time

5 Year View

Areas Tom is Experienced In

Tom's Listings and Deals

Tom's Active Listings

Recently Sold

Awards and Designations