2 months on rocket

217 W Sixteenth St, Traverse City, MI, 49684

$395,000

Home List Price

$4,691*

Closing Credit

2 Bedrooms
1 Full Bath
1,247 SqFt
$317/SqFt
House

Location

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217 W Sixteenth St, Traverse City$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Alley Access, Private, Detached, Door Opener, Alley Entrance, Paved Driveway, Concrete Floors
Garage2 spaces
Year Built1927
HeatingForced Air
WaterfrontNone
FireplaceNone
MLS #1928236
Lot Size0.29 Acres
StatusActive

About 217 W Sixteenth St

Opportunity awaits you at this lovely 1.5 story bungalow located in the desirable SoFo/Fernwood neighborhood of Traverse City proper! Encompassing 3 lots, there is income producing potential here. Transition the existing detached two stall garage into a carriage house or even build a second home (after verifying with the City). The home is turnkey and could use some cosmetic updates, but the love shown since a complete 2005 remodel is very apparent throughout. The main floor features a generously sized living area, dining area, and kitchen. Upstairs are two large sleeping quarters with small walk-in closets and a dormer area perfect for extra storage. High ceilings in the clean basement could mean more finished square footage, or just add some shelving and use the ample open space for a crafting area or workshop. The laundry is currently downstairs, but could be relocated back to the main floor in the entry mud area. Outside you've got hardwoods ripe with color in the Fall, in ground irrigation to keep things green in the Summer, and multiple patios/porches to kick back and relax on. There's also convenient alley access to the garage and large poured pad that provides a ton of parking and room to store toys or an RV. You're just minutes from the Boardman Lake Loop, local breweries and eateries, and have easy access to main commuter roads taking you downtown or out of the city. This timeless charmer is just begging for someone to make their "in-town" dream a reality, and it has a lot of love yet to give!

Property Details

Property Features

Property Information:

  • Architectural Style: 1.5 Story
  • Year Built: 1927
  • Living Area: 1,247 SqFt

Listing Office:

  • Office Name: Epique Realty
  • Office Phone: (248) 218-2604
  • Listing Agent: Chad Wirth

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Ceiling Fan(s), Gas Water Heater
  • Interior: Walk-In Closet(s), Loft, Mud Room, Formal Dining Room, Drywall
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Sprinkler System, Sidewalk, Covered Porch, Landscaped, Porch, Vinyl

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Concrete, Alley Access, Private, Detached, Door Opener, Alley Entrance, Paved Driveway, Concrete Floors

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: West Sixteenth St between Pine and Newcomb. Signs on 16th and alley near the garage.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $317/SqFt
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Housing Market Comparison

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

Med. Sold Price

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

217 W Sixteenth St vs Traverse City

66 DAYS ON ROCKET

-18 Days

$395,000

-$55K Less

$317/SqFt

+$59 More

KEY TAKEAWAY

This property is $55K less than the Median Sold Price and $59/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: #1928236

Listing Office:

  • Office Name: Epique Realty
  • Office Phone: (248) 218-2604
  • Listing Agent: Chad Wirth

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, 12:20:57 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.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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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.

Nearby Schools

school-card-donut-975103
7
/10
  • Central Grade Elementary School

  • 301 7th St

  • 0.77 miles

  • Public District Grades PK-5

school-card-donut-975104
3
/10
  • Traverse Heights Elementary School

  • 933 Rose St

  • 1.38 miles

  • Public District Grades PK-5

school-card-donut-975105
7
/10
  • Willow Hill Elementary School

  • 1250 Hill St

  • 1.77 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,067. Residents of Traverse City, MI typically earn between $35k-100k each year. 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 217 W Sixteenth St

What is the listing price of this property?

The listing price of 217 W Sixteenth St property is $395,000.

What type of property is this?

The property 217 W Sixteenth St is a house located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 217 W Sixteenth St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 217 W Sixteenth St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 217 W Sixteenth St is 1,247 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 217 W Sixteenth St is 1927.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›217 W Sixteenth St

This home is located at 217 W Sixteenth St in Traverse City, MI and zip code 49684. This 1,247 square foot home, which was built in 1927, sits on a 0.29 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $395,000.

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%. The median list price of listings available in November 2024 was $450,000, while the average time on the real estate market was 84 days.

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

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