3 months on rocket

1388 Gray Dr Unit 8, Traverse City, MI, 49684

$545,000

Home List Price

$6,472*

Closing Credit

2 Bedrooms
2 Full Baths
1,414 SqFt
$385/SqFt
Condo

Location

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1388 Gray Dr Unit 8, Traverse City$545,000

Buyer Closing Credits

$6,472*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingConcrete, None
Year Built2020
HeatingForced Air
CoolingCentral Air
WaterfrontCreek
FireplaceNone
MLS #1926317
StatusActive
(Active U/C Taking Backups)

About 1388 Gray Dr Unit 8

Luxurious lifestyle in the heart of the Village of Grand Traverse Commons! This exquisite condominium offers 2 bedrooms, 2 baths, where modern elegance seamlessly blends with industrial flair, creating a unique and sophisticated living space. Immerse yourself in the charm of this vibrant community, surrounded by miles of scenic trails, renowned restaurants, and boutique shops just steps away from your doorstep. Whether you seek outdoor adventures or urban conveniences, this condominium provides the perfect balance of comfort and accessibility in a historic yet contemporary setting. Experience the epitome of upscale living in this meticulously designed condominium, where every detail exudes style and sophistication. Don't miss this opportunity to indulge in luxury living at its finest in the Village of Grand Traverse Commons!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2020
  • Living Area: 1,414 SqFt

Listing Office:

  • Office Name: Key Realty One-TC
  • Office Phone: (443) 895-0764
  • Listing Agent: Jennifer Hastings

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Interior: Foyer Entrance, Walk-In Closet(s), Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Beamed Ceilings
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Creek
  • Exterior: Balcony, Sidewalk, Countryside View, Landscaped, Cement Board

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, None

Lot Features

Lot Information:

  • Lot: Wooded

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Division to 11th. Right on Cottageview. Left at Pleasanton Bakery follow to 1388 Gray.

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,000
  • Price Per SqFt: $385/SqFt
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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

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

1388 Gray Dr Unit 8 vs Traverse City

116 DAYS ON ROCKET

+32 Days

$545,000

+$95K More

$385/SqFt

+$127 More

KEY TAKEAWAY

This property is $95K more than the Median Sold Price and $127/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: #1926317

Listing Office:

  • Office Name: Key Realty One-TC
  • Office Phone: (443) 895-0764
  • Listing Agent: Jennifer Hastings

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: 12/17/2024, 10:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$2,788

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

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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-4254373
7
/10

  • Central Grade Elementary School

  • 301 7th St

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-4254374
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-4254375
3
/10

  • Traverse Heights Elementary School

  • 933 Rose St

  • 2.30 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 $85,227. Typical income of Traverse City, MI residents is between $100k-200k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1388 Gray Dr Unit 8

What is the listing price of this property?

The listing price of 1388 Gray Dr Unit 8 property is $545,000.

What type of property is this?

The property 1388 Gray Dr Unit 8 is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 1388 Gray Dr Unit 8 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1388 Gray Dr Unit 8 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1388 Gray Dr Unit 8 is 1,414 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1388 Gray Dr Unit 8 is 2020.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›1388 Gray Dr Unit 8

This home is located at 1388 Gray Dr Unit 8 in Traverse City, MI and zip code 49684. This 1,414 square foot home was built in 2020. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $545,000.

While more than 8 listings in Traverse City, MI in November 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 54 were sold below. The inventory of homes for sale in Traverse City, MI between October 2024 and November 2024 decreased by 8.3%. In November 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $450,000.

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

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