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8291 E Nicholas Dr, Traverse City, MI, 49684

$350,000

Home List Price

$4,156*

Closing Credit

1 Bedroom
1 Full Bath
1,024 SqFt
$342/SqFt
House

Location

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8291 E Nicholas Dr, Traverse City$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, Concrete Floors, Pole Construction
Garage4 spaces
Year Built1992
HeatingForced Air
WaterfrontNone
FireplaceWood
MLS #1928858
Lot Size4.20 Acres
StatusActive
(Active U/C Taking Backups)

About 8291 E Nicholas Dr

Welcome to the heart of Leelanau County, where this lovely 4+ acre parcel awaits your vision. Situated just minutes away from both the Bingham Public boat launch to the south and the Narrows launch to the north, this prime location offers endless opportunities for year-round living or an Up North retreat. It comes equipped with all the necessities including septic, water, LP gas furnace, wood furnace, and well pressure tank. The main level craft room with full bath is 512 sq/ft with a second-level studio above w/additional 512 sq/ft complete with a kitchenette. Two large overhead doors, and all the storage you will need accented by skylights letting in an abundance of natural light. Build around what is already in place or start with a blank canvas. The picturesque Bingham Township offers a serene escape from the hustle and bustle of city life. Immerse yourself in the beauty of Leelanau County's woodlands, while still having convenient access to nearby amenities and recreational activities. Don't miss out on this incredible opportunity to own a piece of paradise in one of Michigan's most sought-after locations. Whether you're looking to build your forever home or a weekend getaway, this property is waiting for you to make it your own. Grab your architect and explore the possibilities

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1992
  • Living Area: 1,024 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traverse City
  • Office Phone: (231) 929-7985
  • Listing Agent: Mark Hagan

Interior Features

Interior Information:

  • Appliances: None
  • Interior: Skylights, Loft
  • Fireplace: Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Countryside View, Garden Area, Steel

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Gravel, Concrete Floors, Pole Construction

Lot Features

Lot Information:

  • Lot: Cleared, Wooded, Level, Rolling/Hilly
  • Lot Size: 4.20 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: 1.2 miles north of Bingham Boat Launch on CR641 to right on E Nicholas to property on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $342/SqFt

Tax Information:

  • Annual Amount: $836
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

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Traverse City, MI

City

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

8291 E Nicholas Dr vs Traverse City

15 DAYS ON ROCKET

-58 Days

$350,000

-$96.7K Less

$342/SqFt

+$86 More

KEY TAKEAWAY

This property is $96.7K less than the Median Sold Price and $86/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: #1928858

Listing Office:

  • Office Name: Coldwell Banker Schmidt Traverse City
  • Office Phone: (231) 929-7985
  • Listing Agent: Mark Hagan

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: 11/23/2024, 4:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$836$45,700
2020 - $43,100
2019 - $42,400
2018 - $38,700
2017 - $40,100

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-812584
4
/10

  • Suttons Bay Elementary School

  • 310 S Elm St

  • 5.33 miles

  • Public District Grades KG-5

school-card-donut-812585
7
/10

  • Old Mission Peninsula School

  • 2699 Island View Rd

  • 8.32 miles

  • Public Charter Grades KG-6

school-card-donut-812586
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 8.95 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,301. The most common annual income of people living in Traverse City, MI is between $35k-100k. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8291 E Nicholas Dr

What is the listing price of this property?

The listing price of 8291 E Nicholas Dr property is $350,000.

What type of property is this?

The property 8291 E Nicholas Dr is a house located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 8291 E Nicholas Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $836 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8291 E Nicholas Dr has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 8291 E Nicholas Dr is 1,024 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8291 E Nicholas Dr is 1992.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›8291 E Nicholas Dr

This home is located at 8291 E Nicholas Dr in Traverse City, MI and zip code 49684. This 1,024 square foot home, which was built in 1992, sits on a 4.20 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 07, 2024 and is currently priced at $350,000.

Traverse City, MI housing market in October 2024 saw over 19 listings sold above listed price, more than 23 sold at listed price and over 41 sold below. The inventory of homes for sale in Traverse City, MI between September 2024 and October 2024 increased by 5.3%. 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.

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