2 months on rocket

4870 Black Bear Dr, Traverse City, MI, 49685

$369,900

Home List Price

$4,393*

Closing Credit

2 Bedrooms
3 Full Baths
1,608 SqFt
$230/SqFt
Condo

Location

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4870 Black Bear Dr, Traverse City$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingBlacktop, Attached, Paved Driveway
Attached Garage2 spaces
Year Built2006
HeatingForced Air
CoolingCentral Air
WaterfrontNone
FireplaceFireplace(s), Gas
MLS #1928235
StatusActive
(Active U/C Taking Backups)

About 4870 Black Bear Dr

Nestled in the highly sought-after Black Bear Farms community, this charming 2B/3BA 'end-unit' condominium offers a fantastic location just minutes from Munson Medical Center and downtown Traverse City. This unit showcases a gas fireplace, a spacious kitchen with a breakfast bar / kitchen island, tile and wood flooring, and ample windows for natural light. The living room opens up to the dining / bonus room through french doors, adding to the condo's charming flow. Both upper-level bedrooms are en suite for privacy and comfort, with the convenience of 2nd-floor laundry for easy living. Many 2023 updates, including two new exterior doors, replace all carpet with vinyl plank (main floor is hardwood), tile upstairs bathrooms, new switch and outlet covers throughout, 2 new ceiling fans, new shower fixtures, a fresh coat of paint upstairs, and more. Drywalled garage. Large storage area connected to the garage, providing the opportunity to customize and finish out or use as additional storage. Enjoy the seasons with multi-level exterior decking with serene views of the rolling countryside, ideal for sipping your morning coffee or relaxing in the evening with a glass of wine. Quiet and safe association great for morning and evening walks.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story, Contemporary, Townhouse
  • Year Built: 2006
  • Living Area: 1,608 SqFt

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Office Phone: (231) 941-4500
  • Listing Agent: Kyle O'Grady

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Gas Water Heater
  • Interior: Foyer Entrance, Walk-In Closet(s), Island Kitchen, Den/Study, Drywall
  • Fireplace: Fireplace(s), Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Balcony, Multi-Level Decking, Countryside View, Landscaped, Vinyl

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Blacktop, Attached, Paved Driveway

Lot Features

Lot Information:

  • Lot: Wooded, Cleared, Rolling/Hilly

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading West on Cedar Run Road, turn South onto Black Bear Farms. At first stop sign, turn left, property is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900
  • Price Per SqFt: $230/SqFt

Tax Information:

  • Annual Amount: $2,449
  • 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

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

4870 Black Bear Dr vs Traverse City

74 DAYS ON ROCKET

-10 Days

$369,900

-$80.1K Less

$230/SqFt

-$28 Less

KEY TAKEAWAY

This property is $80.1K less than the Median Sold Price and $28/SqFt less 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: #1928235

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Office Phone: (231) 941-4500
  • Listing Agent: Kyle O'Grady

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: 12/31/2024, 5:20:55 AM 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$2,449$112,700
2020$2,278$105,500
2019 - $92,200
2018 - $93,200
2017 - $93,000

History based on county public records data.

Payment Calculator

$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

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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-2284181
5
/10

  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 1.58 miles

  • Public District Grades PK-5

school-card-donut-2284182
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 2.79 miles

  • Public District Grades PK-5

school-card-donut-2284183
7
/10

  • Central Grade Elementary School

  • 301 7th St

  • 3.49 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 $61,630. Most Traverse City, MI residents have annual incomes between $35k-100k. Typical family type is 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 4870 Black Bear Dr

What is the listing price of this property?

The listing price of 4870 Black Bear Dr property is $369,900.

What type of property is this?

The property 4870 Black Bear Dr is a condo located in Traverse City, Michigan, 49685.

Is this property for sale now?

Active Listing: 4870 Black Bear Dr 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 $2,449 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4870 Black Bear Dr has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 4870 Black Bear Dr is 1,608 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4870 Black Bear Dr is 2006.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49685›4870 Black Bear Dr

This home is located at 4870 Black Bear Dr in Traverse City, MI and zip code 49685. This 1,608 square foot home was built in 2006. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $369,900.

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. In November 2024 in Traverse City, MI there were 8.3% less homes for sale than in October 2024. In November 2024, listings were on the market for 84 days. During the same period, the median list price in this real estate market was $450,000.

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

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