1388-7 Gray Dr Unit 7, Traverse City, MI, 49684

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1388-7 Gray Dr Unit 7, Traverse City$465,000

Buyer Closing Credits

$5,522^*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium

ParkingNone, None

Year Built2020

HeatingForced Air

CoolingCentral Air

WaterfrontNone

FireplaceNone

MLS #1925585

StatusActive

About 1388-7 Gray Dr Unit 7

GT Commons, relaxing, very classy, quiet upper-level condo w/ an extraordinary location on Asylum Creek. This unique spot is like sitting in the middle of a forest on a creek off the back balcony yet outside the front balcony are all the amenities of a vibrant urban lifestyle. Featuring an open floor plan, numerous upgrades, including a f/p, all in nearly new condition. This unit is being sold professionally furnished w/ everything down to silverware, linens, cookware. All appliances are included. This building is located next to the gateway of the natural woodlands & trails of the greater Commons natural area for outdoor activities. Short-term rentals allowed. Beaches, downtown TC 1 mile away.

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Property Details

Property Features

Property Information:

• Architectural Style: 2 Story, Other, Contemporary
• Year Built: 2020
• Living Area: 753 SqFt

Listing Office:

• Office Name: REMAX Bayshore - Union St TC
• Listing Agent: Marsha Minervini

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Ceiling Fan(s), Electric Water Heater
• Interior: Other, Granite Bath Tops, Granite Kitchen Tops, Solid Surface Counters, Island Kitchen, Great Room
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 1

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Sprinkler System, Balcony, Landscaped, Gutters, Cement Board

Parking Information:

• Attached Garage: No
• Parking: None, None

Lot Features

Lot Information:

• Lot: Level

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air

School Info

Assigned Schools Information:

• West Senior High School, Public District Grades 9-12
• West Middle School, Public District Grades 6-8
• East Middle School, Public District Grades 6-8
• Tcaps Montessori School, Public District Grades PK-6
• Willow Hill Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: Division to West on W. Eleventh St staying left at "Y" on Silver Rd to right on Cottageview Dr to left at Pleasanton Bakery, go forward past the 3-level brick office bldg. to The Lofts at Asylum Creek.

Price Information

Listing Price Info

Price Summary:

• List Price: $465,000
• Price Per SqFt: $618/SqFt

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Housing Market Comparison

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

Traverse City, MI

City

Med. Sold Price

$435.4K

Med. Price/SqFt

$246

Avg. Days On Market

69

# of Sold Homes

96

1388-7 Gray Dr Unit 7 vs Traverse City

42 DAYS ON ROCKET

-27 Days

$465,000

+$29.5K More

$618/SqFt

+$372 More

KEY TAKEAWAY

This property is $29.5K more than the Median Sold Price and $372/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: #1925585

Listing Office:

• Office Name: REMAX Bayshore - Union St TC
• Listing Agent: Marsha Minervini

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: 9/16/2024, 2:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›1388-7 Gray Dr Unit 7

This home is located at 1388-7 Gray Dr Unit 7 in Traverse City, MI and zip code 49684. This 753 square foot home was built in 2020. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 05, 2024 and is currently priced at $465,000.

In August 2024, from all listings sold in Traverse City, MI there were more than 17 sold above asking price, over 46 sold below and more than 31 were sold right at the asked price. The inventory of homes for sale in Traverse City, MI between July 2024 and August 2024 increased by 8.8%. The median list price of listings available in August 2024 was $435,438, while the average time on the real estate market was 69 days.

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