2 months on rocket

8870 E Fouch Rd, Traverse City, MI, 49684

$399,000

Home List Price

$4,738*

Closing Credit

3 Bedrooms
1 Bath
1,093 SqFt
$365/SqFt
House

Location

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8870 E Fouch Rd, Traverse City$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGravel, Dirt, Detached, Concrete Floors
Garage2 spaces
Year Built1948
HeatingForced Air
WaterfrontNone
FireplaceNone
MLS #1926830
Lot Size0.23 Acres
StatusActive

About 8870 E Fouch Rd

This immaculately renovated home in Elmwood Township is a dream opportunity for retirees, vacation homeowners, or savvy investors. Sold "as is" and fully furnished, this turnkey property boasts a spacious backyard garage ripe for conversion (think game room for the kids or workshop for the woodworker). Outdoors, you'll find yourself just moments away from the scenic Leelanau Trail, Deyoung Natural Area, and numerous wineries. The property boasts a generous 2-car garage, a charming fire pit, and a income producing property. Maximize your investment returns with a proven turnkey rental property. Fully furnished and completely renovated, ready to welcome guests immediately. The property also offers a detached building which is ideal for an ADU conversion, which could potentially double your rental income. Rental income history upon request. Close access to hiking trails, the Leelanau Trail, and public access to the boat launch on Cedar Lake adventure is practically on your doorstep. Just a stone's throw away, downtown Traverse City, Farm Club, and Suttons Bay awaits. Plus, Elmwood Township allows short-term rentals with a permit, adding enticing versatility to this remarkable property.

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 1948
  • Living Area: 1,093 SqFt

Listing Office:

  • Office Name: Five Star Real Estate - Front St TC
  • Listing Agent: Marissa Wege

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Freezer, Cooktop, Ceiling Fan(s)
  • Interior: Walk-In Closet(s), Mud Room, Drywall
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Countryside View, Vinyl

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Gravel, Dirt, Detached, Concrete Floors

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: From TC head North on M-22, go West on Cherry Bend, Cherry Bend turns into Fouch, home is on left hand side of the road, look for sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $365/SqFt

Tax Information:

  • Annual Amount: $617
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

8870 E Fouch Rd vs Traverse City

89 DAYS ON ROCKET

+5 Days

$399,000

-$51K Less

$365/SqFt

+$107 More

KEY TAKEAWAY

This property is $51K less than the Median Sold Price and $107/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: #1926830

Listing Office:

  • Office Name: Five Star Real Estate - Front St TC
  • Listing Agent: Marissa Wege

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: 12/3/2024, 12:20:50 PM 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$617$37,000
2020 - $33,300
2019 - $31,900
2018 - $28,100
2017 - $28,300

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-3492180
7
/10
  • Willow Hill Elementary School

  • 1250 Hill St

  • 4.03 miles

  • Public District Grades PK-5

school-card-donut-3492181
7
/10
  • Central Grade Elementary School

  • 301 7th St

  • 5.14 miles

  • Public District Grades PK-5

school-card-donut-3492182
5
/10
  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 5.85 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,786. Residents of Traverse City, MI typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8870 E Fouch Rd

What is the listing price of this property?

The listing price of 8870 E Fouch Rd property is $399,000.

What type of property is this?

The property 8870 E Fouch Rd is a house located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 8870 E Fouch Rd 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 $617 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8870 E Fouch Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 8870 E Fouch Rd is 1,093 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8870 E Fouch Rd is 1948.

Rocket HomesMichiganGrand Traverse CountyTraverse City496848870 E Fouch Rd

This home is located at 8870 E Fouch Rd in Traverse City, MI and zip code 49684. This 1,093 square foot home, which was built in 1948, sits on a 0.23 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 05, 2024 and is currently priced at $399,000.

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. In November 2024 in Traverse City, MI there were 8.3% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $450,000, while the average time on the real estate market was 84 days.

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

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