603 Second St, Traverse City, MI, 49684

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

603 Second St, Traverse City$525,000

Buyer Closing Credits

$6,234^*

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, None

Year Built1896

HeatingSteam

WaterfrontNone

FireplaceNone

MLS #1923786

Lot Size0.08 Acres

StatusActive

About 603 Second St

Location destination, one block from West Grand Traverse Bay in the original historic Slabtown district is this opportunity to own in downtown Traverse City. Zoned R1-b this property is ready to personalize, featuring a corner lot with four rooms for rent. Close to amenities like pickle ball and tennis courts, dog park, West End Beach, Hickory Hills recreation area, TART trails, restaurants, shopping, medical centers, events and entertainment, four seasons long. Property has access for parking, a shared garden with an exterior boasting authentic turn-of-the-century charm. Part of split, to be determined as part of Lots 12-13 Block 6 Hannah Lay & Co's 4th add. Please to see attached survey.

View More

Property Details

Property Features

Property Information:

• Architectural Style: 2 Story, Other
• Year Built: 1896
• Living Area: 2,456 SqFt

Listing Office:

• Office Name: REO-TCRandolph-233022
• Office Phone: (231) 946-4040
• Listing Agent: Jay Sluiter

Interior Features

Interior Information:

• Appliances: Oven/Range
• Interior: Fixer-Upper
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 4
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Bay View, Balcony, Sidewalk, Covered Porch, Garden Area, Porch, Vinyl, Wood

Parking Information:

• Attached Garage: No
• Parking: Dirt, None

Virtual/3D Tour

• Virtual Tour: 603 Second St

Virtual Tour

Lot Features

Lot Information:

• Lot: Corner Lot
• Lot Size: 0.08 Acres

Utilities

Utilities Information:

• Heating: Steam

School Info

Assigned Schools Information:

• West Senior High School, Public District Grades 9-12
• West Middle School, Public District Grades 6-8
• Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

• Directions: From downtown Traverse City, west on Front St. to Maple St. (turn right) go down, parcel on the left corner of Second St. and Maple St.

Price Information

Listing Price Info

Price Summary:

• List Price: $525,000
• Price Per SqFt: $214/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

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

603 Second St vs Traverse City

137 DAYS ON ROCKET

+64 Days

$525,000

+$78.2K More

$214/SqFt

-$42 Less

KEY TAKEAWAY

This property is $78.2K more than the Median Sold Price and $42/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: #1923786

Listing Office:

• Office Name: REO-TCRandolph-233022
• Office Phone: (231) 946-4040
• Listing Agent: Jay Sluiter

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: 11/5/2024, 3:20:49 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.

$2,688

Per Month

Principal & Interest

$2,621

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

$1,640

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›603 Second St

This home is located at 603 Second St in Traverse City, MI and zip code 49684. This 2,456 square foot home, which was built in 1896, sits on a 0.08 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $525,000.

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. The number of homes for sale in Traverse City, MI increased by 5.3% between September 2024 and October 2024. 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.