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1274 Terra Rd, Traverse City, MI, 49686

$389,000

Home List Price

$4,619*

Closing Credit

2 Bedrooms
1 Full Bath
1,396 SqFt
$279/SqFt
Condo
Schools Nearby

Location

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1274 Terra Rd, Traverse City$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingConcrete, Private, Attached, Door Opener, Paved Driveway, Finished Rooms, Concrete Floors
Attached Garage2 spaces
Year Built1999
HeatingNatural Gas, Forced Air, Central
CoolingNatural Gas, Central Air
WaterfrontNone
FireplaceFireplace(s)
MLS #1920614
StatusActive
(Active U/C Taking Backups)

About 1274 Terra Rd

Updated Chestnut Hills Condo for Sale located minutes from shopping, town & dining! This main floor living condo has a tranquil open floor plan, with a lovely wooded setting and outdoor patio area all in one! Come sit by fireplace (with updated mantel) to warm up from the cooler weather or go for a walk at the adjoining LaFrainer Loops Park, you might even see some roaming deer! The attached 2 car garage has attic storage. Furnace & air conditioning were installed in 2019, and the roof is newer. The kitchen, dining room and living room are all open to each other. Updates include: fresh paint throughout, new luxury vinyl plank flooring throughout, all new appliances (including refrigerator, stove/oven, dishwasher, washer & dryer), and new toilets. There is a crawl space which houses the furnace & hot water heater. The garage has a ramp to the entrance as well as a door to the side patio area. Some furnishings are negotiable! Please note there are cameras located on the inside & outside of the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1999
  • Living Area: 1,396 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Jenifer McKolay

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Ceiling Fan(s), Electric Water Heater
  • Interior: Cathedral Ceilings, Walk-In Closet(s), Drywall
  • Fireplace: Fireplace(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Sprinkler System, Patio, Sidewalk, Landscaped, Porch, Gutters, Vinyl

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Cleared, Wooded, Level

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • East Middle School, Public District Grades 6-8
  • Traverse Heights Elementary School, Public District Grades PK-5
  • Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

  • Directions: S Airport Road to LaFrainier Rd go South to Terra Rd go East, veer to right at curve, home will be on right side

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $279/SqFt
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Housing Market Comparison

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

Med. Sold Price

$366K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

66

1274 Terra Rd vs Traverse City

31 DAYS ON ROCKET

-25 Days

$389,000

+$23K More

$279/SqFt

+$34 More

KEY TAKEAWAY

This property is $23K more than the Median Sold Price and $34/SqFt more than other homes in Traverse City, MI.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1920614

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Jenifer McKolay

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: 4/29/2024, 3:25:22 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 - $117,300
2020 - $107,900
2019 - $105,900
2018 - $98,900
2017 - $94,200

History based on county public records data.

Payment Calculator

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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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.

Elementary School

school-card-donut-3190375
5
/10
  • Traverse Heights Elementary School

  • 933 Rose St

  • 1.72 miles

  • Public District Grades PK-5

school-card-donut-3190376
6
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 2.42 miles

  • Public District Grades PK-6

Middle School

school-card-donut-3190377
6
/10
  • East Middle School

  • 1776 3 Mile Rd N

  • 2.38 miles

  • Public District Grades 6-8

High School

school-card-donut-3190378
8
/10
  • Central High School

  • 1150 Milliken Dr

  • 3.01 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,167. Most Traverse City, MI residents have annual incomes less than $35k. Typical family type is single, 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 1274 Terra Rd

What is the listing price of this property?

The listing price of 1274 Terra Rd property is $389,000.

What type of property is this?

The property 1274 Terra Rd is a condo located in Traverse City, Michigan, 49686.

Is this property for sale now?

Active Listing: 1274 Terra Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1274 Terra Rd are:
Traverse Heights Elementary School: GreatSchools Rating 5/10
Tcaps Montessori School: GreatSchools Rating 6/10
East Middle School: GreatSchools Rating 6/10
Central High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1274 Terra Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1274 Terra Rd is 1,396 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1274 Terra Rd is 1999.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49686›1274 Terra Rd

This home is located at 1274 Terra Rd in Traverse City, MI and zip code 49686. This 1,396 square foot home was built in 1999. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $389,000.

In March 2024, from all listings sold in Traverse City, MI there were more than 22 sold above asking price, over 24 sold below and more than 20 were sold right at the asked price. Between February 2024 and March 2024, Traverse City, MI real estate market has seen increase in the number of listings by 12.5%. In March 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $366,000.

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

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