2533 Lunatic Ln, Traverse City, MI, 49685

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

2533 Lunatic Ln, Traverse City$450,000

Buyer Closing Credits

$5,344^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingBlacktop, Detached, Paved Driveway, Concrete Floors, Pole Construction

Garage3 spaces

Year Built1970

HeatingHeat Pump

WaterfrontWater View

FireplaceFireplace(s), Insert

MLS #1928543

Lot Size1.63 Acres

StatusActive

About 2533 Lunatic Ln

Charming farmhouse in a rural setting but only 3 miles from downtown Traverse City. Creek in the backyard. Boardman River Nature Preserve across the street, forest and ag land on all sides, and the soccer complex is 300 yards away. Great schools. 50k in energy upgrades. Large basement with shop room, 2-fireplace chimney, large backyard, two septics. mother-in-law apartment with private entrance and kitchen. Large pole barn/garage. Possible addition of another 1000 s.f. shop.

View More

Property Details

Property Features

Property Information:

• Architectural Style: 2 Story, Farm House
• Year Built: 1970
• Living Area: 2,400 SqFt

Listing Office:

• Office Name: KERMATH REALTY LLC
• Office Phone: (734) 649-4903
• Listing Agent: JEFF KERMATH

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Water Filtration System, Oven
• Interior: Island Kitchen, Mud Room, Formal Dining Room, Great Room, Workshop, Drywall
• Fireplace: Fireplace(s), Insert

Bedroom and Bathroom Information:

• Full Bathrooms: 3
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Waterfront: Water View
• Exterior: Patio, Gutters, Vinyl

Parking Information:

• Garage Space: 3 spaces
• Attached Garage: No
• Parking: Blacktop, Detached, Paved Driveway, Concrete Floors, Pole Construction

Lot Features

Lot Information:

• Lot: Corner Lot, Wooded
• Lot Size: 1.63 Acres

Utilities

Utilities Information:

• Heating: Heat Pump

Other

Directions Information:

• Directions: Corner of Cass Rd. and Broad Rd across from nature preserve parking lot

Price Information

Listing Price Info

Price Summary:

• List Price: $450,000
• Price Per SqFt: $188/SqFt

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Traverse City, MI

City

Med. Sold Price

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

2533 Lunatic Ln vs Traverse City

54 DAYS ON ROCKET

-30 Days

$450,000

-$0 Less

$188/SqFt

-$70 Less

KEY TAKEAWAY

This property is $0 less than the Median Sold Price and $70/SqFt less than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: NEBOARDMI
• MLS Number: #1928543

Listing Office:

• Office Name: KERMATH REALTY LLC
• Office Phone: (734) 649-4903
• Listing Agent: JEFF KERMATH

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, 5:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

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

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$2,313

Per Month

Principal & Interest

$2,246

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49685›2533 Lunatic Ln

This home is located at 2533 Lunatic Ln in Traverse City, MI and zip code 49685. This 2,400 square foot home, which was built in 1970, sits on a 1.63 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $450,000.

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. Between October 2024 and November 2024, Traverse City, MI real estate market has seen decrease in the number of listings by 8.3%. In November 2024 median list price was $450,000 and the average listing age was 84 days.

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