5175 Marks Ln, Traverse City, MI, 49684

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5175 Marks Ln, Traverse City$409,900

Buyer Closing Credits

$4,868^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingBlacktop, Private, Attached, Door Opener, Paved Driveway

Attached Garage2 spaces

Year Built1998

HeatingForced Air

CoolingCentral Air

WaterfrontNone

FireplaceNone

MLS #1925786

Lot Size1.60 Acres

StatusActive

About 5175 Marks Ln

4br, 2ba quad level on 1.6 beautifully wooded acres in Long Lake Township. Central AC, cathedral ceilings, master suite with large walk in closet. Fantastic location. Close to Long Lake public beaches.

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Property Details

Property Features

Property Information:

• Architectural Style: Quad
• Year Built: 1998
• Living Area: 1,785 SqFt

Listing Office:

• Office Name: Coldwell Banker Schmidt Traverse City
• Office Phone: (231) 922-2350
• Listing Agent: Andrew Stireman

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan
• Interior: Cathedral Ceilings, Walk-In Closet(s), Island Kitchen, Mud Room, Great Room
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Deck, Covered Porch, Vinyl

Parking Information:

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

Lot Features

Lot Information:

• Lot: Wooded, Level
• Lot Size: 1.60 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air

Other

Directions Information:

• Directions: Cedar Run Road to Jack's Trail to Mark's Lane.

Price Information

Listing Price Info

Price Summary:

• List Price: $409,900
• Price Per SqFt: $230/SqFt

Tax Information:

• Annual Amount: $2,208
• Tax Year: 2021

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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

5175 Marks Ln vs Traverse City

130 DAYS ON ROCKET

+46 Days

$409,900

-$40.1K Less

$230/SqFt

-$28 Less

KEY TAKEAWAY

This property is $40.1K 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: #1925786

Listing Office:

• Office Name: Coldwell Banker Schmidt Traverse City
• Office Phone: (231) 922-2350
• Listing Agent: Andrew Stireman

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: 12/18/2024, 7:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,208	$102,500
2020	$2,054	$98,000
2019	-	$89,200
2018	-	$90,000
2017	-	$87,800

History based on county public records data.

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**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›5175 Marks Ln

This home is located at 5175 Marks Ln in Traverse City, MI and zip code 49684. This 1,785 square foot home, which was built in 1998, sits on a 1.60 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $409,900.

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

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