new - 6 days on rocket

1388 Gray Dr Unit 10, Traverse City, MI, 49684

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
2 Full Baths
1,098 SqFt
$501/SqFt
Condo

Location

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1388 Gray Dr Unit 10, Traverse City$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingConcrete, None
Year Built2020
HeatingForced Air
WaterfrontCreek
FireplaceNone
MLS #1927142
StatusActive

About 1388 Gray Dr Unit 10

Welcome to this stunning modern condo located on Gray Drive, nestled within the historic Commons of Traverse City! This sleek 2-bedroom, 2-bath home boasts a contemporary design with luxury finishes, including elegant quartz countertops in the kitchen. Imagine enjoying your morning coffee on a beautiful deck overlooking a lush green forest with the soothing sounds of a babbling brook just beyond—easily heard from both the kitchen and living room. This unit also has an excellent rental history, making it a great investment opportunity. Living here offers a vibrant lifestyle with walkable access to local favorites like Left Foot Charlie, Spanglish, and Earth & Ales. Whether you're in the mood for dining, drinks, or wellness, you're steps away from Pure Pilates and miles of scenic hiking trails to explore. A truly unique opportunity to live amidst the charm and convenience of The Commons!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Other, Contemporary
  • Year Built: 2020
  • Living Area: 1,098 SqFt

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Listing Agent: Autumn Haag

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Microwave, Washer, Dryer, Electric Water Heater
  • Interior: Other, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Creek
  • Exterior: Sprinkler System, Balcony, Gutters, Cement Board

Parking Information:

  • Attached Garage: No
  • Parking: Concrete, None

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Forced 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" to right Cottageview Drive to Left at Pleasanton Bakery, go forward between the Lofts at 58 and the 3 level brick office building. The Asylum Creek Condos/ AKA building 57 is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $501/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

$435.4K

Med. Price/SqFt

$246

Avg. Days On Market

69

# of Sold Homes

96

1388 Gray Dr Unit 10 vs Traverse City

6 DAYS ON ROCKET

-63 Days

$550,000

+$114.5K More

$501/SqFt

+$255 More

KEY TAKEAWAY

This property is $114.5K more than the Median Sold Price and $255/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: #1927142

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Listing Agent: Autumn Haag

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: 9/20/2024, 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

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

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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.

Elementary School

school-card-donut-158568
9
/10

  • Tcaps Montessori School

  • 1009 S Oak St

  • 0.79 miles

  • Public District Grades PK-6

school-card-donut-158569
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 1.06 miles

  • Public District Grades PK-5

Middle School

school-card-donut-158570
7
/10

  • West Middle School

  • 3950 Silver Lake Rd

  • 1.03 miles

  • Public District Grades 6-8

school-card-donut-158571
6
/10

  • East Middle School

  • 1776 3 Mile Rd N

  • 5.33 miles

  • Public District Grades 6-8

High School

school-card-donut-158572
8
/10

  • West Senior High School

  • 5376 N Long Lake Rd

  • 2.03 miles

  • Public District Grades 9-12

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. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1388 Gray Dr Unit 10

What is the listing price of this property?

The listing price of 1388 Gray Dr Unit 10 property is $550,000.

What type of property is this?

The property 1388 Gray Dr Unit 10 is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 1388 Gray Dr Unit 10 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1388 Gray Dr Unit 10 are:
Tcaps Montessori School: GreatSchools Rating 9/10
Willow Hill Elementary School: GreatSchools Rating 7/10
West Middle School: GreatSchools Rating 7/10
East Middle School: GreatSchools Rating 6/10
West Senior High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1388 Gray Dr Unit 10 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1388 Gray Dr Unit 10 is 1,098 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1388 Gray Dr Unit 10 is 2020.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›1388 Gray Dr Unit 10

This home is located at 1388 Gray Dr Unit 10 in Traverse City, MI and zip code 49684. This 1,098 square foot home was built in 2020. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $550,000.

Traverse City, MI housing market in August 2024 saw over 17 listings sold above listed price, more than 31 sold at listed price and over 46 sold below. The number of listings in Traverse City, MI increased by 8.8% between July 2024 and August 2024. While the average time on the market in August 2024 was 69 days, the median list price was $435,438.

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

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