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1388 Gray Dr, 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, Traverse City$545,000

Buyer Closing Credits

$6,472*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2020
HeatingForced Air, Natural Gas
CoolingCentral Air
WaterfrontCreek
MLS #78080049816
StatusAccepting Backup Offers

About 1388 Gray Dr

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: (517) 827-2120
  • Listing Agent: Jennifer Hastings

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Range, Washer
  • Basement: No
  • Interior: EntranceFoyer, WalkInClosets

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Creek
  • Exterior: Balcony

Lot Features

Lot Information:

  • Lot: Wooded

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

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

HOA Fees:

  • Amount: $323
  • Frequency: Monthly
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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 vs Traverse City

7 DAYS ON ROCKET

-77 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: Aspire North REALTORS
  • MLS Number: #78080049816

Listing Office:

  • Office Name: Key Realty One-TC
  • Office Phone: (517) 827-2120
  • Listing Agent: Jennifer Hastings

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:54 AM 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 - $94,565
2020 - $73,700
2019 - $66,400
2018 - $84,300
2017 - $40,100

History based on county public records data.

Payment Calculator

$3,111

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-3807979
7
/10

  • Central Grade Elementary School

  • 301 7th St

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-3807980
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-3807981
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. Most Traverse City, MI residents have annual incomes between $100k-200k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1388 Gray Dr

What is the listing price of this property?

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

What type of property is this?

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

Is this property for sale now?

Accepting Backup Offers: 1388 Gray Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

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

What is the square footage of this property?

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

Which year was this property built?

The year of construction for 1388 Gray Dr is 2020.

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

This home is located at 1388 Gray Dr 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 November 26, 2024 and is currently priced at $545,000.

Traverse City, MI housing market in November 2024 saw over 8 listings sold above listed price, more than 20 sold at listed price and over 54 sold below. Between October 2024 and November 2024, Traverse City, MI real estate market has seen decrease in the number of listings by 8.3%. While the average time on the market in November 2024 was 84 days, the median list price was $450,000.

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

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