2 months on rocket

120 N Oak St, Traverse City, MI, 49684

$999,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,527 SqFt
$655/SqFt
House

Location

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120 N Oak St, Traverse City$999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Parking2 Spaces, Garage
Garage2 spaces
Year Built1890
HeatingElectric, Natural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceLivRoom Fireplace, Primary Bedroom Fireplace
MLS #50154749
Lot Size0.17 Acres
StatusActive

About 120 N Oak St

Downtown Traverse City Gem! PRIME LOCATION! This adorable Victorian is only 2 short blocks to the beach and a block to Front Street with walking access to all the bars and restaurants! Currently used as a primary home and rental/AirBnB generating positive income. This is a MUST-SEE property with 3 bedrooms, 2.5 baths, private entrance in the rear and skylights for the 3rd bedroom in-law suite, newer hot tub, recently painted deck and walkway, newer French Doors, fence installed 2023, patio, 2 exterior spigots, BBQ grill, mudroom with newer LifeProof flooring, newer painted walls, newer carpet, newer exterior electrical, newer interior electrical outlets with USB ports, artistic wall plates, renovated basement stairwell with light, gorgeous Victorian stained glass windows and accents, Live-Edge kitchen countertop and bar with embedded Petoskey Stones, refinished original hardwood floors, newer contemporary tiled floors in kitchen, renovated marble bathroom on first floor, Portuguese-themed tiles in half bath, newly renovated cabinet with River Rock countertop and copper sink in 3rd bathroom, newer stainless steel appliances in kitchen, new washer and new dryer, Primary Bedroom has Cathedral ceiling and loft, 2nd bedroom has alcove, artistic handrail, detached and newly renovated she-shed used as an office, firepit, second patio area with pergola, BBQ grill, dining table, and egg-chair, and 2-car garage with workshop bench and electrical, lots of storage. Newer furniture, storage units, and other newer furnishings will be included (except personal items) to make this a TURN-KEY AirBnB or fully-furnished rental. Sold AS-IS.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Stories: 2
  • Living Area: 1,527 SqFt

Listing Office:

  • Office Name: HomeCoin.com
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

Interior Features

Interior Information:

  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Oven, Refrigerator, Washer
  • Basement: Yes
  • Interior: Cathedral/Vaulted Ceiling, Ceramic Floors, Furnished, Hardwood Floors, Walk-In Closet, Window Treatment(s), Skylights, Whirlpool/Hot Tub
  • Fireplace: LivRoom Fireplace, Primary Bedroom Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Deck, Fenced Yard, Patio, Porch, Spa/Hot Tub, Storms/Screens

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: 2 Spaces, Garage

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

School Info

School District Information:

  • School District: Traverse City Area Public Schools

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,999
  • Price Per SqFt: $655/SqFt

Tax Information:

  • Annual Amount: $3,061
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

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Traverse City, MI

City

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

120 N Oak St vs Traverse City

73 DAYS ON ROCKET

-0 Day

$999,999

+$553.2K More

$655/SqFt

+$399 More

KEY TAKEAWAY

This property is $553.2K more than the Median Sold Price and $399/SqFt more than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MiRealSource
  • MLS Number: #50154749

Listing Office:

  • Office Name: HomeCoin.com
  • Office Phone: (888) 400-2513
  • Listing Agent: Jonathan Minerick

IDX Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.

Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 4:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,061$176,200
2020$3,047$169,900
2019 - $160,300
2018 - $166,400
2017 - $159,400

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-354159
7
/10

  • Central Grade Elementary School

  • 301 7th St

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-354160
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-354161
3
/10

  • Traverse Heights Elementary School

  • 933 Rose St

  • 1.83 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,321. Typical income of Traverse City, MI residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 120 N Oak St

What is the listing price of this property?

The listing price of 120 N Oak St property is $999,999.

What type of property is this?

The property 120 N Oak St is a house located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 120 N Oak St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,061 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 120 N Oak St has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 120 N Oak St is 1,527 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 120 N Oak St is 1890.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›120 N Oak St

This home is located at 120 N Oak St in Traverse City, MI and zip code 49684. This 1,527 square foot home, which was built in 1890, sits on a 0.17 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $999,999.

In October 2024 more than 19 listings in Traverse City, MI were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 41 were sold below. The inventory of homes for sale in Traverse City, MI between September 2024 and October 2024 increased by 5.3%. In October 2024, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $446,781.

From Rocket Homes Real Estate and based on county public records data.

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