1020 Long Lake Rd W, Traverse City, MI, 49685

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

1020 Long Lake Rd W, Traverse City$1,500,000

Buyer Closing Credits

$10,000^*

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

Attached Garage2 spaces

Year Built1977

HeatingNatural Gas, Forced Air, Central

CoolingNatural Gas, Central Air

WaterfrontPrivate Frontage, Lake, All Sports, Waterfront, Private Dock, Sandy Bottom

FireplaceFireplace(s), Gas

MLS #1922404

Lot Size0.46 Acres

StatusActive

About 1020 Long Lake Rd W

Commanding views over beautiful Long Lake! Home has been extensively remodeled due to a fire in 2018. Main floor master suite includes a large bath with double sinks and walk-in tiled shower. Spacious island kitchen with breakfast bar and Cambria counter tops. Tiled floor in Kitchen and dining area. Open stairway to upstairs. Bright and airy sunroom is the perfect place to enjoy your morning coffee and beautiful sunrises over the lake. Temperature controlled gas fireplace in living room. Main floor laundry. Nicely landscaped lot. Patio area at lakeside. Majority of furnishings and dock are included in this Sale. Ready to move in and enjoy!!

View More

Property Details

Property Features

Property Information:

• Architectural Style: 1.5 Story
• Year Built: 1977
• Living Area: 2,310 SqFt

Listing Office:

• Office Name: REO-TCFront-233021
• Listing Agent: Kim Schmerheim

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Ceiling Fan(s)
• Interior: Skylights, Bay Window(s), Foyer Entrance, Solarium/Sun Room, Solid Surface Counters, Island Kitchen, Formal Dining Room
• Fireplace: Fireplace(s), Gas

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: Private Frontage, Lake, All Sports, Waterfront, Private Dock, Sandy Bottom
• Exterior: Patio, Landscaped, Vinyl, Brick

Parking Information:

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

Lot Features

Lot Information:

• Lot: Level, Sloped
• Lot Size: 0.46 Acres

Utilities

Utilities Information:

• Heating: Natural Gas, Forced Air, Central
• Cooling: Natural Gas, Central Air

School Info

Assigned Schools Information:

• West Senior High School, Public District Grades 9-12
• West Middle School, Public District Grades 6-8
• Westwoods Elementary School, Public District Grades PK-6
• Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

• Directions: South Long Lake Rd to West Long Lake Road, travel approximately 1 mile and start looking for address and sign on the right.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,500,000
• Price Per SqFt: $649/SqFt

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

$424K

Med. Price/SqFt

$240

Avg. Days On Market

68

# of Sold Homes

78

1020 Long Lake Rd W vs Traverse City

14 DAYS ON ROCKET

-54 Days

$1,500,000

+$1.0M More

$649/SqFt

+$408 More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $408/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: #1922404

Listing Office:

• Office Name: REO-TCFront-233021
• 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: 6/1/2024, 10:20:35 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

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

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

$7,554

Per Month

Principal & Interest

$7,487

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

$4,564

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49685›1020 Long Lake Rd W

This home is located at 1020 Long Lake Rd W in Traverse City, MI and zip code 49685. This 2,310 square foot home, which was built in 1977, sits on a 0.46 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $1,500,000.

While more than 19 listings in Traverse City, MI in April 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 34 were sold below. Between March 2024 and April 2024, Traverse City, MI real estate market has seen increase in the number of listings by 21.4%. In April 2024, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $424,000.

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