7695 Gingerwood Dr, Traverse City, MI, 49685

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

7695 Gingerwood Dr, Traverse City$690,000

Buyer Closing Credits

$8,194^*

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

ParkingBlacktop, Private, Attached, Door Opener, Paved Driveway, Concrete Floors

Attached Garage2 spaces

Year Built1975

HeatingForced Air

WaterfrontLake, All Sports, Soft Bottom, Sandy Bottom, Waterfront, Public Lake

FireplaceFireplace(s), Wood

MLS #1927258

Lot Size0.38 Acres

StatusActive
(Active U/C Taking Backups)

About 7695 Gingerwood Dr

This property presents a unique opportunity to enjoy waterfront living on Long Lake, complete with your own private boat slip. The custom home features 4 bedrooms and 2.5 bathrooms, providing ample space for families or guests. Large, beautiful windows enhance the living areas, allowing for plenty of natural light and creating an open, airy ceiling. The backyard is fenced for privacy and is beautifully landscaped, offering serene outdoor space to relax and entertain. With nearly 400' of shared frontage on the lake, this home combines comfort and natural beauty in a desirable location.

View More

Property Details

Property Features

Property Information:

• Architectural Style: 1.5 Story, Contemporary
• Year Built: 1975
• Living Area: 2,435 SqFt

Listing Office:

• Office Name: Coldwell Banker Schmidt Traver
• Office Phone: (231) 922-2350
• Listing Agent: Pamela Klumpp

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener, Washer, Dryer, Ceiling Fan(s), Gas Water Heater
• Interior: Skylights, Foyer Entrance, Walk-In Closet(s), Solid Surface Counters, Great Room, Den/Study, Workshop, Beamed Ceilings, Vaulted Ceilings
• Fireplace: Fireplace(s), Wood

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 1
• Total Bedroom Count: 4

Exterior Features

Exterior Information:

• Waterfront: Lake, All Sports, Soft Bottom, Sandy Bottom, Waterfront, Public Lake
• Exterior: Sprinkler System, Deck, Fenced Yard, Landscaped, Porch, Wood

Parking Information:

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

Lot Features

Lot Information:

• Lot: Cleared, Wooded
• Lot Size: 0.38 Acres

Utilities

Utilities Information:

• Heating: Forced Air

Other

Directions Information:

• Directions: W Silver Lake Rd to Secor (becomes S Long Lake Rd) to Gingerwood Dr.

Price Information

Listing Price Info

Price Summary:

• List Price: $690,000
• Price Per SqFt: $283/SqFt

Tax Information:

• Annual Amount: $3,188
• Tax Year: 2021

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

7695 Gingerwood Dr vs Traverse City

53 DAYS ON ROCKET

-20 Days

$690,000

+$243.2K More

$283/SqFt

+$27 More

KEY TAKEAWAY

This property is $243.2K more than the Median Sold Price and $27/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: #1927258

Listing Office:

• Office Name: Coldwell Banker Schmidt Traver
• Office Phone: (231) 922-2350
• Listing Agent: Pamela Klumpp

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: 11/10/2024, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$3,188	$159,500
2020	$2,966	$147,100
2019	-	$135,500
2018	-	$138,900
2017	-	$135,900

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$3,511

Per Month

Principal & Interest

$3,444

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

$2,135

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49685›7695 Gingerwood Dr

This home is located at 7695 Gingerwood Dr in Traverse City, MI and zip code 49685. This 2,435 square foot home, which was built in 1975, sits on a 0.38 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $690,000.

In October 2024, from all listings sold in Traverse City, MI there were more than 19 sold above asking price, over 41 sold below and more than 23 were sold right at the asked price. The inventory of homes for sale in Traverse City, MI between September 2024 and October 2024 increased by 5.3%. Listings spent 73 days on the market in October 2024, and had a median list price of $446,781 during the same period.

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