3 months on rocket

UNIT504 330 E State St Unit 504, Traverse City, MI, 49684

$1,754,280

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,302 SqFt
$762/SqFt
Condo
Schools Nearby

Location

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UNIT504 330 E State St Unit 504, Traverse City$1,754,280

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther, Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Other, Heated, Concrete Floors
Attached GarageYes
Year Built2024
HeatingNatural Gas, Multi Unit(s), Forced Air, Central
CoolingNatural Gas, Multi Unit(s), Central Air
WaterfrontNone
FireplaceOther
MLS #1918853
StatusActive

About UNIT504 330 E State St Unit 504

Introducing Peninsula Place, a premier five-story residential condominium project in the heart of downtown Traverse City on State Street near the Historic Park Place Hotel. Discover luxury living in this exclusive community boasting meticulously designed units with top-notch amenities, superior craftsmanship, and a keen eye for detail. Enjoy the convenience of being within walking distance of all that downtown Traverse City has to offer. With 12 of 35 units available(one on the 3rd floor, 7 on the 4th floor, and 4 on the 5th floor), short term rental opportunities on the 2nd, 3rd, and 4th floors) you can choose from a range of sizes up to 3000+ sq. ft. Secure indoor parking is available on the first floor (subject to availability at $60,000 each). Units on floors four and five offer stunning Bay views on the north side of the building. Owners will have access to a future rooftop garden, set to be built over the next 24 months. Construction is set to re-commence April 2024, with completion scheduled for the Spring of 2026. Explore our layouts online and secure your slice of luxury living at Peninsula Place today.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, 2+ Story
  • Year Built: 2024
  • Living Area: 2,302 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt-522
  • Listing Agent: Ken Kleinrichert

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Security System
  • Interior: Foyer Entrance, Walk-In Closet(s), Solid Surface Counters
  • Fireplace: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Balcony, Sidewalk, Other

Parking Information:

  • Attached Garage: Yes
  • Parking: Other, Attached, Drive Under/Built-In, Door Opener, Alley Entrance, Other, Heated, Concrete Floors

Lot Features

Lot Information:

  • Lot: Other

Utilities

Utilities Information:

  • Heating: Natural Gas, Multi Unit(s), Forced Air, Central
  • Cooling: Natural Gas, Multi Unit(s), Central Air

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: Downtown Traverse City next to Park Place Hotel (just East of Park Place)

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,754,280
  • Price Per SqFt: $762/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

UNIT504 330 E State St Unit 504 vs Traverse City

94 DAYS ON ROCKET

+38 Days

$1,754,280

+$1.3M More

$762/SqFt

+$517 More

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $517/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: #1918853

Listing Office:

  • Office Name: Coldwell Banker Schmidt-522
  • Listing Agent: Ken Kleinrichert

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, 12:25:18 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

$8,823

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,326

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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-2238493
6
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 0.93 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2238494
6
/10
  • East Middle School

  • 1776 3 Mile Rd N

  • 4.61 miles

  • Public District Grades 6-8

High School

school-card-donut-2238495
8
/10
  • Central High School

  • 1150 Milliken Dr

  • 1.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,652. The most common annual income of people living in Traverse City, MI is less than $35k. The most common type of family is 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 UNIT504 330 E State St Unit 504

What is the listing price of this property?

The listing price of UNIT504 330 E State St Unit 504 property is $1,754,280.

What type of property is this?

The property UNIT504 330 E State St Unit 504 is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: UNIT504 330 E State St Unit 504 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for UNIT504 330 E State St Unit 504 are:
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 UNIT504 330 E State St Unit 504 has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property UNIT504 330 E State St Unit 504 is 2,302 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for UNIT504 330 E State St Unit 504 is 2024.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›UNIT504 330 E State St Unit 504

This home is located at UNIT504 330 E State St Unit 504 in Traverse City, MI and zip code 49684. This 2,302 square foot home was built in 2024. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $1,754,280.

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. 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 median list price was $366,000 and the average listing age was 56 days.

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

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