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1388 Gray Dr Unit 3, Traverse City, MI, 49684

$495,000

Home List Price

$5,878*

Closing Credit

1 Bedroom
1 Full Bath
853 SqFt
$580/SqFt
Condo
Schools Nearby

Location

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1388 Gray Dr Unit 3, Traverse City$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingConcrete, Attached, Door Opener, Plumbing, Concrete Floors
Attached Garage1 space
Year Built2020
HeatingNatural Gas, Forced Air, Central
CoolingNatural Gas, Central Air
WaterfrontCreek
FireplaceNone
MLS #1919802
StatusActive

About 1388 Gray Dr Unit 3

Historic ambience and a modern urban lifestyle combine to create the ideal condominium. Building 57 at the Grand Traverse Commons has been transformed into 12 stunning condos situated along the boundary of the Water Tower District of the Village, and at the base of the natural woodlands and trails of the Commons natural area. This ideal location offers restaurants, Shopping, Munson Hospital, Left Foot Charlie and Earthen Ales only steps away from your front door. Downtown Traverse City and the beach are only a mile away. In contrast, enjoy the peace and tranquility of Kids Creek and a private wooded landscape on your back patio. The best of both worlds! Completed in 2023 this unit is beautifully finished with many upgrades and an open and airy layout. Enjoy a spacious 1 car garage with custom storage and a maintenance free lifestyle. This condo may also be used as a short term rental. Don't miss out on this rare opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: 1 Story
  • Year Built: 2020
  • Living Area: 853 SqFt

Listing Office:

  • Office Name: Five Star Real Estate - Front St TC
  • Listing Agent: Elizabeth Hunter

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Gas Water Heater
  • Interior: Foyer Entrance, Pantry, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Great Room, Drywall
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Creek
  • Exterior: Sprinkler System, Patio, Covered Porch, Landscaped, Gutters, Cement Board

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Concrete, Attached, Door Opener, Plumbing, Concrete Floors

Lot Features

Lot Information:

  • Lot: Wooded, Level

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
  • East Middle School, Public District Grades 6-8
  • Tcaps Montessori School, Public District Grades PK-6
  • Willow Hill Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: West on Eleventh St from Division. Left at "Y" & right on Cottageview Dr. Left at Pleasanton Bakery & go forward between the Lofts at 58 & the 3 level brick office building. Asylum Creek Condos are on the right.Pull forward to park in the Trailhead lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $580/SqFt
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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

$366K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

66

1388 Gray Dr Unit 3 vs Traverse City

55 DAYS ON ROCKET

-1 Day

$495,000

+$129K More

$580/SqFt

+$335 More

KEY TAKEAWAY

This property is $129K more than the Median Sold Price and $335/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: #1919802

Listing Office:

  • Office Name: Five Star Real Estate - Front St TC
  • Listing Agent: Elizabeth Hunter

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: 4/28/2024, 7:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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-2002717
6
/10

  • Tcaps Montessori School

  • 1009 S Oak St

  • 0.79 miles

  • Public District Grades PK-6

school-card-donut-2002718
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 1.06 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2002719
7
/10

  • West Middle School

  • 3950 Silver Lake Rd

  • 1.03 miles

  • Public District Grades 6-8

school-card-donut-2002720
6
/10

  • East Middle School

  • 1776 3 Mile Rd N

  • 5.33 miles

  • Public District Grades 6-8

High School

school-card-donut-2002721
9
/10

  • West Senior High School

  • 5376 N Long Lake Rd

  • 2.03 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,227. Most Traverse City, MI residents have annual incomes between $100k-200k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1388 Gray Dr Unit 3

What is the listing price of this property?

The listing price of 1388 Gray Dr Unit 3 property is $495,000.

What type of property is this?

The property 1388 Gray Dr Unit 3 is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 1388 Gray Dr Unit 3 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1388 Gray Dr Unit 3 are:
Tcaps Montessori School: GreatSchools Rating 6/10
Willow Hill Elementary School: GreatSchools Rating 7/10
West Middle School: GreatSchools Rating 7/10
East Middle School: GreatSchools Rating 6/10
West Senior High School: GreatSchools Rating 9/10

How many bedrooms and bathrooms does this property have?

The property at 1388 Gray Dr Unit 3 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1388 Gray Dr Unit 3 is 853 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1388 Gray Dr Unit 3 is 2020.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›1388 Gray Dr Unit 3

This home is located at 1388 Gray Dr Unit 3 in Traverse City, MI and zip code 49684. This 853 square foot home was built in 2020. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since March 03, 2024 and is currently priced at $495,000.

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. The number of listings in Traverse City, MI increased by 12.5% between February 2024 and March 2024. Listings spent 56 days on the market in March 2024, and had a median list price of $366,000 during the same period.

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

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