8786 Cedar Run Rd, Traverse City, MI, 49684

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

8786 Cedar Run Rd, Traverse City$319,000

Buyer Closing Credits

$3,788^*

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, None

Year Built1992

HeatingForced Air

CoolingCentral Air

WaterfrontNone

FireplaceNone

MLS #1929148

Lot Size1.00 Acres

StatusActive
(Active U/C Taking Backups)

About 8786 Cedar Run Rd

Charming 2,004 Sq. Ft. 3 bedroom walkout home with 1 acre of land on the West Side of Traverse City. This home is part of a new Subdivision called Cedar Run Acres. A new private road and driveway has recently been installed. Previously this home operated as a successful Airbnb. All furnishing besides Master Bed, bedframe and linens are being sold with the house. The first floor is very comfortable with 3 Br and 2 Bth. The walkout basement that leads to a concrete pad and fire pit is set up as a game room. Excellent opportunity to own a home within minutes of Traverse City.

View More

Property Details

Property Features

Property Information:

• Architectural Style: Manufactured/Double Wide, 1 Story
• Year Built: 1992
• Living Area: 2,004 SqFt

Listing Office:

• Office Name: Leelanau Realty Group
• Office Email: leelanaurealtygroup@gmail.com
• Listing Agent: Corey Flaska

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Ceiling Fan(s), Gas Water Heater
• Interior: Great Room, Game Room, Vaulted Ceilings
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Countryside View, Wood

Parking Information:

• Attached Garage: No
• Parking: Blacktop, None

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 1.00 Acres

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air

Other

Directions Information:

• Directions: From Cedar Run the property is East of Tilton Road 1/2 mile on the left. Turn down private road and its the last house on the right.

Price Information

Listing Price Info

Price Summary:

• List Price: $319,000
• Price Per SqFt: $159/SqFt

Tax Information:

• Annual Amount: $2,149
• 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

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

8786 Cedar Run Rd vs Traverse City

31 DAYS ON ROCKET

-53 Days

$319,000

-$131K Less

$159/SqFt

-$99 Less

KEY TAKEAWAY

This property is $131K less than the Median Sold Price and $99/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: #1929148

Listing Office:

• Office Name: Leelanau Realty Group
• Office Email: leelanaurealtygroup@gmail.com
• Listing Agent: Corey Flaska

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: 12/22/2024, 4:20:55 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

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$2,149	$75,700
2020	$2,044	$71,600
2019	-	$67,200
2018	-	$60,500
2017	-	$59,400

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.

$1,660

Per Month

Principal & Interest

$1,593

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

$1,023

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›8786 Cedar Run Rd

This home is located at 8786 Cedar Run Rd in Traverse City, MI and zip code 49684. This 2,004 square foot home, which was built in 1992, sits on a 1.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $319,000.

Traverse City, MI housing market in November 2024 saw over 8 listings sold above listed price, more than 20 sold at listed price and over 54 sold below. The number of homes for sale in Traverse City, MI decreased by 8.3% between October 2024 and November 2024. Listings spent 84 days on the market in November 2024, and had a median list price of $450,000 during the same period.

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