18 days on rocket

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

$549,000

Home List Price

$6,519*

Closing Credit

2 Bedrooms
2 Full Baths
1,098 SqFt
$500/SqFt
Condo

Location

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1388 Gray Dr Unit 10, Traverse City$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingConcrete, None
Year Built2020
HeatingForced Air
WaterfrontCreek
FireplaceNone
MLS #1929431
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
  • Office Phone: (231) 941-4500
  • Listing Agent: Jules Yates

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

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: $549,000
  • Price Per SqFt: $500/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 10 vs Traverse City

18 DAYS ON ROCKET

-66 Days

$549,000

+$99K More

$500/SqFt

+$242 More

KEY TAKEAWAY

This property is $99K more than the Median Sold Price and $242/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: #1929431

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Office Phone: (231) 941-4500
  • Listing Agent: Jules Yates

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: 12/22/2024, 8:20:55 AM 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

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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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-922977
7
/10

  • Central Grade Elementary School

  • 301 7th St

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-922978
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-922979
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. Typical family type is 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 10

What is the listing price of this property?

The listing price of 1388 Gray Dr Unit 10 property is $549,000.

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.

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 December 03, 2024 and is currently priced at $549,000.

In November 2024, from all listings sold in Traverse City, MI there were more than 8 sold above asking price, over 54 sold below and more than 20 were sold right at the asked price. The number of homes for sale in Traverse City, MI decreased by 8.3% between October 2024 and November 2024. 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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