630-316 S Garfield Ave Unit 316, Traverse City, MI, 49686

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630-316 S Garfield Ave Unit 316, Traverse City$346,500

Buyer Closing Credits

$4,115^*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium

ParkingBlacktop, Shared, Assigned Parking Space, None

Year Built2017

HeatingForced Air, Heat Pump

CoolingCentral Air

WaterfrontNone

FireplaceNone

MLS #1925619

StatusActive

About 630-316 S Garfield Ave Unit 316

Step right in and begin operations with this Turn Key offering. If you have been looking for a condo to use as an investment property or something you can use and take advantage of the STR capabilities to offset the costs, look no further. Are you an investor looking to self manage and take advantage of the bonus depreciation before the year ends? If so, this condo is perfect. Purchase, close, and place into operation before the year ends to leverage the massive tax savings short term rentals offer to people who self manage. As always, consult your accountant as I am not one. The open floor plan, balcony, and location in relation to the TART trail and town make this condo a must see.

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Property Details

Property Features

Property Information:

• Architectural Style: Other, 1 Story
• Year Built: 2017
• Living Area: 897 SqFt

Listing Office:

• Office Name: The Mitten Real Estate Group
• Listing Agent: Trent Sims

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Ceiling Fan(s), Electric Water Heater
• Interior: Foyer Entrance, Walk-In Closet(s), Solid Surface Counters
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Sprinkler System, Balcony, Sidewalk, Handicap Access, Covered Porch, Landscaped, Garden Area, Brick, Block

Parking Information:

• Attached Garage: No
• Parking: Blacktop, Shared, Assigned Parking Space, None

Lot Features

Lot Information:

• Lot: Level

Utilities

Utilities Information:

• Heating: Forced Air, Heat Pump
• Cooling: Central Air

School Info

Assigned Schools Information:

• Central High School, Public District Grades 9-12
• East Middle School, Public District Grades 6-8
• Traverse Heights Elementary School, Public District Grades PK-5
• Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

• Directions: From S Garfield Ave, turn west onto Boyd Ave. Parking lot is first left before Tart Trail Ln. Unit is on 3rd floor.

Price Information

Listing Price Info

Price Summary:

• List Price: $346,500
• Price Per SqFt: $386/SqFt

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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

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

630-316 S Garfield Ave Unit 316 vs Traverse City

88 DAYS ON ROCKET

+15 Days

$346,500

-$100.2K Less

$386/SqFt

+$130 More

KEY TAKEAWAY

This property is $100.2K less than the Median Sold Price and $130/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: #1925619

Listing Office:

• Office Name: The Mitten Real Estate Group
• Listing Agent: Trent Sims

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: 11/3/2024, 6:20:49 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

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**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49686›630-316 S Garfield Ave Unit 316

This home is located at 630-316 S Garfield Ave Unit 316 in Traverse City, MI and zip code 49686. This 897 square foot home was built in 2017. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $346,500.

Over 19 listings were sold over their listed price in October 2024 in Traverse City, MI. In the same period over 41 listings were sold below the listed price and 23 listings were sold for the listed price. The number of listings in Traverse City, MI increased by 5.3% between September 2024 and October 2024. In October 2024 median list price was $446,781 and the average listing age was 73 days.

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