5 months on rocket

1340 N Orchard Dr, Traverse City, MI, 49686

$148,000

0.21 Acres
Land

Location

Image provided by Mapbox

Property Highlights

WaterfrontNone
MLS #1923423
Lot Size0.21 Acres
StatusActive

About 1340 N Orchard Dr

Base of Old Mission Peninsula lot! One of the last blank canvases left in the city limits, this parcel is situated in a highly desirable east side location. Slightly elevated, bright & sunny, and walking or biking distance to many neighborhood locations including: Clancy Park, Central High School, Eastern Elementary, Northwestern Michigan College, Bryant Park Beach on West Grand Traverse Bay, East Bay Park Beach on East Grand Traverse Bay, the Traverse Area Recreational Trail, and just on the outskirts of the city center of Traverse City. Located on a quiet cul de sac just off of Peninsula Dr for easy drives to Old Mission wineries, farm stands, and restaurants.

Property Details

Property Features

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traverse City
  • Office Phone: (231) 929-7985
  • Listing Agent: Mark Hagan

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Other

Lot Features

Lot Information:

  • Lot: Level, Cleared
  • Lot Size: 0.21 Acres

Other

Directions Information:

  • Directions: From Peninsula Dr/Center Rd, RT on Center Rd 0.1 mile to Rt on Sheridan to RT on N Orchard to lot on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $148,000

Tax Information:

  • Annual Amount: $800
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

1340 N Orchard Dr vs Traverse City

158 DAYS ON ROCKET

+85 Days

$148,000

-$298.7K Less

KEY TAKEAWAY

This property is $298.7K less than the Median Sold Price in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1923423

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traverse City
  • Office Phone: (231) 929-7985
  • Listing Agent: Mark Hagan

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: 11/17/2024, 10:20:50 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$800$44,400
2020$797$41,500
2019 - $32,500
2018 - $30,900
2017 - $29,800

History based on county public records data.

Payment Calculator

$806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$510

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NMLS#3030

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-598696
4
/10
  • Eastern Elementary School

  • 1600 Eastern Ave

  • 0.48 miles

  • Public District Grades PK-5

school-card-donut-598697
3
/10
  • Traverse Heights Elementary School

  • 933 Rose St

  • 1.75 miles

  • Public District Grades PK-5

school-card-donut-598698
7
/10
  • Central Grade Elementary School

  • 301 7th St

  • 2.04 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,085. The majority of Traverse City, MI residents have income between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1340 N Orchard Dr

What is the listing price of this property?

The listing price of 1340 N Orchard Dr property is $148,000.

What type of property is this?

The property 1340 N Orchard Dr is land located in Traverse City, Michigan, 49686.

Is this property for sale now?

Active Listing: 1340 N Orchard Dr 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 $800 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1340 N Orchard Dr is 0.21 acres.
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Rocket HomesMichiganGrand Traverse CountyTraverse City496861340 N Orchard Dr

This home is located at 1340 N Orchard Dr in Traverse City, MI and zip code 49686. This home sits on a 0.21 acre lot. It has been listed on Rocket Homes since June 12, 2024 and is currently priced at $148,000.

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. In October 2024 median list price was $446,781 and the average listing age was 73 days.

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

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