3104 Tibbets Dr, Traverse City, MI, 49696

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

3104 Tibbets Dr, Traverse City$360,000

Buyer Closing Credits

$4,275^*

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

ParkingDirt, Detached

Garage2 spaces

Year Built1955

HeatingWall Furnace

WaterfrontLake, No Wake

FireplaceNone

MLS #1923490

Lot Size0.84 Acres

StatusActive
(Active U/C Taking Backups)

About 3104 Tibbets Dr

Nestled on the shores of Tibbets Lake, this charming cottage offers a peaceful retreat with private frontage, perfect for paddleboarding, kayaking and breathtaking views. The cozy home features two comfortable bedrooms, and one bathroom. The detached two-car garage adds convenience and ample storage. The surrounding natural beauty and lush greenery create an idyllic, secluded ambiance. Just a short drive into town, you get the best of both worlds. Only ten minutes away from in town Traverse City. The rustic charm makes this lakeside cottage is an ideal escape from the hustle and bustle of everyday life

View More

Property Details

Property Features

Property Information:

• Architectural Style: Cottage, 1 Story
• Year Built: 1955
• Living Area: 864 SqFt

Listing Office:

• Office Name: REO-TCFront-233021
• Office Phone: (231) 947-9800
• Listing Agent: Amber Cyman

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Ceiling Fan(s)
• Interior: Skylights, Solarium/Sun Room
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: Lake, No Wake
• Exterior: Bay View, Deck, Log Siding

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: No
• Parking: Dirt, Detached

Lot Features

Lot Information:

• Lot: Wooded
• Lot Size: 0.84 Acres

Utilities

Utilities Information:

• Heating: Wall Furnace

Other

Directions Information:

• Directions: Take High Lake road make a left onto Tibbets Drive across the street from Peegeo's. Home is on the right. The driveway is to the left on the garage.

Price Information

Listing Price Info

Price Summary:

• List Price: $360,000
• Price Per SqFt: $417/SqFt

Tax Information:

• Annual Amount: $3,302
• Tax Year: 2021

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

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

3104 Tibbets Dr vs Traverse City

161 DAYS ON ROCKET

+88 Days

$360,000

-$86.7K Less

$417/SqFt

+$161 More

KEY TAKEAWAY

This property is $86.7K less than the Median Sold Price and $161/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: #1923490

Listing Office:

• Office Name: REO-TCFront-233021
• Office Phone: (231) 947-9800
• Listing Agent: Amber Cyman

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: 11/21/2024, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$3,302	$92,500
2020	$3,287	$84,100
2019	-	$82,900
2018	-	$79,100
2017	-	$79,100

History based on county public records data.

Payment Calculator

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

$1,864

Per Month

Principal & Interest

$1,797

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

$1,146

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49696›3104 Tibbets Dr

This home is located at 3104 Tibbets Dr in Traverse City, MI and zip code 49696. This 864 square foot home, which was built in 1955, sits on a 0.84 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $360,000.

Traverse City, MI housing market in October 2024 saw over 19 listings sold above listed price, more than 23 sold at listed price and over 41 sold below. The inventory of homes for sale in Traverse City, MI between September 2024 and October 2024 increased by 5.3%. The median list price of listings available in October 2024 was $446,781, while the average time on the real estate market was 73 days.

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