10 months on rocket

UNIT501 330 E State St Unit 501, Traverse City, MI, 49684

$2,070,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,388 SqFt
$867/SqFt
Condo

Location

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UNIT501 330 E State St Unit 501, Traverse City$2,070,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther, Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Other, Heated, Concrete Floors
Attached GarageYes
Year Built2024
HeatingForced Air
CoolingCentral Air
WaterfrontNone
FireplaceOther
MLS #1918836
StatusActive

About UNIT501 330 E State St Unit 501

Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 12 of 35 units available(one on the 3rd floor, 7 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $70,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, set to be built over the next 24 months. Construction is set to re-commence April 2024, with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today. This Condo has Bay Views to North East.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, 2+ Story
  • Year Built: 2024
  • Living Area: 2,388 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traver
  • Listing Agent: Ken Kleinrichert

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Security System
  • Interior: Foyer Entrance, Walk-In Closet(s), Solid Surface Counters
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Balcony, Sidewalk, Other

Parking Information:

  • Attached Garage: Yes
  • Parking: Other, Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Other, Heated, Concrete Floors

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Downtown Traverse City next to Park Place Hotel (just East of Park Place)

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,070,000
  • Price Per SqFt: $867/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

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

UNIT501 330 E State St Unit 501 vs Traverse City

304 DAYS ON ROCKET

+231 Days

$2,070,000

+$1.6M More

$867/SqFt

+$611 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $611/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: #1918836

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traver
  • Listing Agent: Ken Kleinrichert

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: 11/24/2024, 4:20:49 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

$10.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,272

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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-1081433
7
/10

  • Central Grade Elementary School

  • 301 7th St

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-1081434
3
/10

  • Traverse Heights Elementary School

  • 933 Rose St

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-1081435
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 1.50 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 $30,652. Residents of Traverse City, MI typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About UNIT501 330 E State St Unit 501

What is the listing price of this property?

The listing price of UNIT501 330 E State St Unit 501 property is $2,070,000.

What type of property is this?

The property UNIT501 330 E State St Unit 501 is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: UNIT501 330 E State St Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at UNIT501 330 E State St Unit 501 has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property UNIT501 330 E State St Unit 501 is 2,388 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for UNIT501 330 E State St Unit 501 is 2024.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›UNIT501 330 E State St Unit 501

This home is located at UNIT501 330 E State St Unit 501 in Traverse City, MI and zip code 49684. This 2,388 square foot home was built in 2024. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 24, 2024 and is currently priced at $2,070,000.

While more than 19 listings in Traverse City, MI in October 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 41 were sold below. Between September 2024 and October 2024, Traverse City, MI real estate market has seen increase in the number of listings by 5.3%. Listings spent 73 days on the market in October 2024, and had a median list price of $446,781 during the same period.

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

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