1295 Terra Rd Unit 38, Traverse City, MI, 49686

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

1295 Terra Rd Unit 38, Traverse City$379,000

Buyer Closing Credits

$4,501^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingConcrete, Attached

Attached Garage2 spaces

Year Built1999

HeatingForced Air

CoolingCentral Air, Humidity Control

WaterfrontNone

FireplaceFireplace(s), Gas

MLS #1927901

StatusActive

About 1295 Terra Rd Unit 38

Experience carefree living in this spacious two-bedroom, two-bathroom condo, ideally situated near downtown and shopping. This well-maintained unit offers a range of modern amenities designed for convince and comfort. HOA fees include all lawn care and snow removal right up to your front door! Key Features: new roof, new gutters, new shutters. In addition, the microwave, dishwasher, disposal and range were all recently purchased. This condo is perfect for those seeking a low-maintenance lifestyle without sacrificing modern comforts.

View More

Property Details

Property Features

Property Information:

• Architectural Style: 1 Story
• Year Built: 1999
• Living Area: 1,396 SqFt

Listing Office:

• Office Name: Coldwell Banker Schmidt Traverse City
• Office Phone: (231) 922-2350
• Listing Agent: Pamela Klumpp

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Ceiling Fan(s), Electric Water Heater
• Interior: Jetted Tub, Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Solid Surface Counters, Island Kitchen, Mud Room, Great Room
• Fireplace: Fireplace(s), Gas

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Sprinkler System, Deck, Sidewalk, Covered Porch, Landscaped, Gutters, Vinyl

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes
• Parking: Concrete, Attached

Lot Features

Lot Information:

• Lot: Level

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air, Humidity Control

School Info

Assigned Schools Information:

• Central High School, Public District Grades 9-12
• East Middle School, Public District Grades 6-8
• Traverse Heights Elementary School, Public District Grades PK-5
• Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

• Directions: South Airport to LaFranier Rd East on Terra Rd

Price Information

Listing Price Info

Price Summary:

• List Price: $379,000
• Price Per SqFt: $271/SqFt

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Traverse City, MI

City

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

1295 Terra Rd Unit 38 vs Traverse City

28 DAYS ON ROCKET

-45 Days

$379,000

-$67.7K Less

$271/SqFt

+$15 More

KEY TAKEAWAY

This property is $67.7K less than the Median Sold Price and $15/SqFt more than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: TAAR
• MLS Number: #1927901

Listing Office:

• Office Name: Coldwell Banker Schmidt Traverse City
• Office Phone: (231) 922-2350
• Listing Agent: Pamela Klumpp

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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: 11/5/2024, 6:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,959

Per Month

Principal & Interest

$1,892

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,203

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49686›1295 Terra Rd Unit 38

This home is located at 1295 Terra Rd Unit 38 in Traverse City, MI and zip code 49686. This 1,396 square foot home was built in 1999. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $379,000.

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 number of listings in Traverse City, MI increased by 5.3% between September 2024 and October 2024. Listings spent 73 days on the market in October 2024, and had a median list price of $446,781 during the same period.

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