6862 Franklin Woods Dr, Traverse City, MI, 49686

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6862 Franklin Woods Dr, Traverse City$1,199,900

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingBlacktop, Attached, Door Opener, Heated

Attached Garage2 spaces

Year Built1977

HeatingBaseboard

FireplaceFireplace(s)

MLS #1928491

Lot Size0.42 Acres

StatusActive

About 6862 Franklin Woods Dr

Beautifully appointed contemporary home in a highly sought after sub at the base of Old Mission Peninsula. 80 Ft of shared West Bay Frontage with mesmerizing sunset views. Two Island Kitchen, granite countertops, 2 gas fireplaces, Private Master Suite with separate jacuzzi-sitting room with sky lights. Partially finished lower level with family room, work-out room and sauna. Steam shower and Bedit in main bath. Heated in-ground swimming pool, pool house with half bath, 2 changing areas and loft. Expansive decking off slider in kitchen and family room. Fenced-in backyard. Hot water heating system with a mini split A/C. Heated 2-car garage, U/G sprinklers, the list goes on.....Not a Drive By!! All measurements are approximate and should be verified by Buyer(s).

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Property Details

Property Features

Property Information:

• Architectural Style: Contemporary
• Year Built: 1977
• Living Area: 3,914 SqFt

Listing Office:

• Office Name: REO-TCFront-233021
• Office Phone: (231) 947-9800
• Listing Agent: Kim Schmerheim

Interior Features

Interior Information:

• Appliances: Refrigerator, Disposal, Dishwasher, Trash Compactor, Water Softener, Oven, Cooktop
• Interior: Jetted Tub, Skylights, Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Sauna, Granite Kitchen Tops, Island Kitchen, Formal Dining Room, Exercise Room
• Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Exterior: Sprinkler System, In Ground Pool, Deck, Fenced Yard, Vinyl

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes
• Parking: Blacktop, Attached, Door Opener, Heated

Lot Features

Lot Information:

• Lot: Wooded
• Lot Size: 0.42 Acres

Utilities

Utilities Information:

• Heating: Baseboard

School Info

Assigned Schools Information:

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

Other

Directions Information:

• Directions: Franklin Woods Drive is off of Peninsula Drive approximately 1/2 mile N from split off Center Rd. Once on Franklin Woods Drive, keep left and follow to next road on right, turn right. House on right before Cul-de-Sac.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,199,900
• Price Per SqFt: $307/SqFt

Tax Information:

• Annual Amount: $8,331
• 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

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

6862 Franklin Woods Dr vs Traverse City

10 DAYS ON ROCKET

-63 Days

$1,199,900

+$753.1K More

$307/SqFt

+$51 More

KEY TAKEAWAY

This property is $753.1K more than the Median Sold Price and $51/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: #1928491

Listing Office:

• Office Name: REO-TCFront-233021
• Office Phone: (231) 947-9800
• Listing Agent: Kim Schmerheim

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: 11/4/2024, 10:20:50 PM 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	$8,331	$261,700
2020	$8,295	$253,000
2019	-	$235,300
2018	-	$202,700
2017	-	$213,800

History based on county public records data.

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**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49686›6862 Franklin Woods Dr

This home is located at 6862 Franklin Woods Dr in Traverse City, MI and zip code 49686. This 3,914 square foot home, which was built in 1977, sits on a 0.42 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $1,199,900.

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 listings in Traverse City, MI increased by 5.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 73 days, the median list price was $446,781.

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