8 days on rocket

315 S Elmwood Ave Unit 201, Traverse City, MI, 49684

$415,000

Home List Price

$4,928*

Closing Credit

1 Bedroom
1 Full Bath
732 SqFt
$567/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

315 S Elmwood Ave Unit 201, Traverse City$415,000

Buyer Closing Credits

$4,928*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingBlacktop, Carport, Assigned Parking Space, Paved Driveway
Year Built2016
HeatingNatural Gas, Forced Air, Central
CoolingNatural Gas, Central Air
WaterfrontOther
FireplaceNone
MLS #1921352
StatusActive

About 315 S Elmwood Ave Unit 201

This condo was redesigned in 2021 with a fun splash of color! Keep the cool vibe, or make it your own; at this location, you can't go wrong. Due to it's proximity to Munson Hospital, this is the perfect spot for a nurse, outpatient, doctor, or anyone who enjoys being close to it all. Because it is zoned H-1, it can be used for "accommodating medical centers, and all their normally related functions" including "hospitality houses," or live in/rent out all year long. Built in 2016, it is established but newer, providing maintenance-free passive income, or simply a carefree comfortable condo to call home. Just over 1 mile to downtown Traverse City and centrally located to all the Up North fun, the Grand Traverse Commons is a wonderful place to explore. Walk out your door and onto the hiking trails, through the Mercato shopping center, and year-long farmer's market -- just to name a few attractions; the Commons is its own small village within Traverse City.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 2016
  • Living Area: 732 SqFt

Listing Office:

  • Office Name: Key Realty One-TC
  • Listing Agent: Taylor Boyt

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Interior: Bay Window(s), Pantry, Granite Bath Tops, Granite Kitchen Tops
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Other
  • Exterior: Sprinkler System, Sidewalk, Landscaped, Vinyl

Parking Information:

  • Attached Garage: No
  • Parking: Blacktop, Carport, Assigned Parking Space, Paved Driveway

Lot Features

Lot Information:

  • Lot: Corner Lot, Cleared, 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: On the corner of 7th and Elmwood, across from Munson Medical Center.

Price Information

Listing Price Info

Price Summary:

  • List Price: $415,000
  • Price Per SqFt: $567/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Traverse City, MI

City

Med. Sold Price

$366K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

66

315 S Elmwood Ave Unit 201 vs Traverse City

8 DAYS ON ROCKET

-48 Days

$415,000

+$49K More

$567/SqFt

+$322 More

KEY TAKEAWAY

This property is $49K more than the Median Sold Price and $322/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: #1921352

Listing Office:

  • Office Name: Key Realty One-TC
  • Listing Agent: Taylor Boyt

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, 4:25:17 PM 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

$2,139

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,311

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-2406864
6
/10

  • Tcaps Montessori School

  • 1009 S Oak St

  • 0.70 miles

  • Public District Grades PK-6

school-card-donut-2406865
7
/10

  • Willow Hill Elementary School

  • 1250 Hill St

  • 0.71 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2406866
7
/10

  • West Middle School

  • 3950 Silver Lake Rd

  • 1.52 miles

  • Public District Grades 6-8

school-card-donut-2406867
6
/10

  • East Middle School

  • 1776 3 Mile Rd N

  • 5.30 miles

  • Public District Grades 6-8

High School

school-card-donut-2406868
9
/10

  • West Senior High School

  • 5376 N Long Lake Rd

  • 2.47 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 $40,147. The most common annual income of people living in Traverse City, MI is less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 315 S Elmwood Ave Unit 201

What is the listing price of this property?

The listing price of 315 S Elmwood Ave Unit 201 property is $415,000.

What type of property is this?

The property 315 S Elmwood Ave Unit 201 is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 315 S Elmwood Ave Unit 201 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 315 S Elmwood Ave Unit 201 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 315 S Elmwood Ave Unit 201 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 315 S Elmwood Ave Unit 201 is 732 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 315 S Elmwood Ave Unit 201 is 2016.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›315 S Elmwood Ave Unit 201

This home is located at 315 S Elmwood Ave Unit 201 in Traverse City, MI and zip code 49684. This 732 square foot home was built in 2016. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $415,000.

In March 2024 more than 22 listings in Traverse City, MI were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 24 were sold below. 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.

More Resources