12 days on rocket

2489 Main Ave, Traverse City, MI, 49696

$197,500

Home List Price

$2,345*

Closing Credit

1 Bedroom
1 Full Bath
472 SqFt
$418/SqFt
House

Location

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2489 Main Ave, Traverse City$197,500

Buyer Closing Credits

$2,345*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, None
Year Built1940
HeatingForced Air
WaterfrontNone
FireplaceElectric
MLS #1928781
Lot Size0.42 Acres
StatusActive

About 2489 Main Ave

Nestled amidst serene beauty, this quintessential up-north cottage is a charming retreat waiting to be discovered. This gem boasts a cozy interior and a spacious kitchen perfect for culinary adventures, while the south-facing 12x16 elevated deck offers a peaceful spot for morning coffee or end of the day reflections. Set on two parcels of record, this property offers ample potential—whether you envision updating the existing home or building anew. Its proximity to the tranquil waters of Arbutus Lake makes it an ideal getaway or an attractive rental opportunity. Just a short drive brings you to the vibrant heart of downtown Traverse City or the quaint Village of Kingsley. Adding to the allure are numerous inland lakes, rivers, and state land nearby for 4-seasons of adventure. This cottage isn't just a home; it's an invitation to embrace the tranquility and charm of northern Michigan living. New roof in 2022, New Vinyl siding in 2021.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, 1 Story
  • Year Built: 1940
  • Living Area: 472 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traverse City
  • Office Phone: (231) 929-7985
  • Listing Agent: Mark Hagan

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Exhaust Fan, Electric Water Heater
  • Interior: Drywall
  • Fireplace: Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Countryside View, Vinyl

Parking Information:

  • Attached Garage: No
  • Parking: Gravel, None

Lot Features

Lot Information:

  • Lot: Wooded, Rolling/Hilly, Sloped
  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: S Garfield Rd to east on Hobbs Hwy to Main St which is a private drive just east of Pinehurst Dr. Property is on the corner of Hobbs Hwy & Main St

Price Information

Listing Price Info

Price Summary:

  • List Price: $197,500
  • Price Per SqFt: $418/SqFt

Tax Information:

  • Annual Amount: $722
  • Tax Year: 2021
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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

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

2489 Main Ave vs Traverse City

12 DAYS ON ROCKET

-61 Days

$197,500

-$249.2K Less

$418/SqFt

+$162 More

KEY TAKEAWAY

This property is $249.2K less than the Median Sold Price and $162/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: #1928781

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traverse City
  • Office Phone: (231) 929-7985
  • Listing Agent: Mark Hagan

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: 11/17/2024, 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

Tax History

YEARPROP. TAXASSESSMENT
2021$722$22,600
2020$719$20,200
2019 - $18,900
2018 - $17,500
2017 - $16,600

History based on county public records data.

Payment Calculator

$1,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$659

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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-644607
6
/10

  • Courtade Elementary School

  • 1111 Rasho Rd

  • 3.62 miles

  • Public District Grades PK-5

school-card-donut-644608
4
/10

  • Cherry Knoll Elementary School

  • 1800 3 Mile Rd N

  • 4.65 miles

  • Public District Grades PK-5

school-card-donut-644609
6
/10

  • Kingsley Area Elementary School

  • 311 Clark St

  • 4.80 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,139. The most common annual income of people living in Traverse City, MI is between $35k-100k. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2489 Main Ave

What is the listing price of this property?

The listing price of 2489 Main Ave property is $197,500.

What type of property is this?

The property 2489 Main Ave is a house located in Traverse City, Michigan, 49696.

Is this property for sale now?

Active Listing: 2489 Main Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $722 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2489 Main Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2489 Main Ave is 472 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2489 Main Ave is 1940.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49696›2489 Main Ave

This home is located at 2489 Main Ave in Traverse City, MI and zip code 49696. This 472 square foot home, which was built in 1940, sits on a 0.42 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $197,500.

In October 2024 more than 19 listings in Traverse City, MI were sold above the asking price. During the same period more than 23 listings were sold at asking price, while more than 41 were sold below. The inventory of homes for sale in Traverse City, MI between September 2024 and October 2024 increased by 5.3%. In October 2024 median list price was $446,781 and the average listing age was 73 days.

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

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