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4085 Terra Farm Ln, Traverse City, MI, 49685

$595,000

Home List Price

$7,066*

Closing Credit

3 Bedrooms
1 Full Bath
1,742 SqFt
$342/SqFt
House
Schools Nearby

Location

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4085 Terra Farm Ln, Traverse City$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete, Private, Attached, Door Opener, Paved Driveway, Concrete Floors
Attached Garage2 spaces
Year Built2023
HeatingNatural Gas, Forced Air, Central
CoolingNatural Gas, Central Air
WaterfrontNone
FireplaceFireplace(s), Gas
MLS #1919782
Lot Size0.46 Acres
StatusActive
(Active U/C Taking Backups)

About 4085 Terra Farm Ln

NEW CONSTRUCTION! Wonderful open floor plan, generous living spaces, designer finishes, wood floors, and highly desirable west-side location close to shopping, Munson Medical, schools, Fresh Coast Market, Moomers Ice Cream, and public access to Long Lake. Energy efficient home on half acre lot with private well & septic. 3BR + Bonus room/Office, split floor plan on a full basement with egress window, island kitchen w/ 2nd sink, pantry, stainless steel appliances, tiled shower w/ glass door, cathedral ceiling, fireplace, composite deck, mud & laundry room (washer & dryer included), primary en-suite bathroom, attached 2 car garage with concrete drive. Seller will contribute to buy-down a Buyers rate. Fences allowed, outbuildings not larger than 8'x16' allowed. Quality built by Traverse Homes. Information accurate but not guaranteed, buyer to verify all.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch, 1 Story
  • Year Built: 2023
  • Living Area: 1,742 SqFt

Listing Office:

  • Office Name: REO-TCFront-233021
  • Listing Agent: Ted Schweitzer

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Gas Water Heater
  • Interior: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Mud Room, Den/Study
  • Fireplace: Fireplace(s), Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Sprinkler System, Deck, Countryside View, Covered Porch, Landscaped, Gutters, Vinyl

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Level
  • 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
  • Long Lake Elementary School, Public District Grades PK-5
  • Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Long Lake to Long Wood to Terra Farm Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
  • Price Per SqFt: $342/SqFt

Tax Information:

  • Annual Amount: $304
  • Tax Year: 2021
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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

4085 Terra Farm Ln vs Traverse City

56 DAYS ON ROCKET

-0 Day

$595,000

+$229K More

$342/SqFt

+$97 More

KEY TAKEAWAY

This property is $229K more than the Median Sold Price and $97/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: #1919782

Listing Office:

  • Office Name: REO-TCFront-233021
  • Listing Agent: Ted Schweitzer

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: 4/27/2024, 6:25:19 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$304$14,000
2020 - $14,000

History based on county public records data.

Payment Calculator

$3,037

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

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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-1472441
6
/10

  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-1472442
6
/10

  • Tcaps Montessori School

  • 1009 S Oak St

  • 4.69 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1472443
7
/10

  • West Middle School

  • 3950 Silver Lake Rd

  • 3.44 miles

  • Public District Grades 6-8

High School

school-card-donut-1472444
9
/10

  • West Senior High School

  • 5376 N Long Lake Rd

  • 1.95 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 $65,000. Typical income of Traverse City, MI residents is between $35k-100k annually. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4085 Terra Farm Ln

What is the listing price of this property?

The listing price of 4085 Terra Farm Ln property is $595,000.

What type of property is this?

The property 4085 Terra Farm Ln is a house located in Traverse City, Michigan, 49685.

Is this property for sale now?

Active Listing: 4085 Terra Farm Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4085 Terra Farm Ln are:
Long Lake Elementary School: GreatSchools Rating 6/10
Tcaps Montessori School: GreatSchools Rating 6/10
West Middle School: GreatSchools Rating 7/10
West Senior High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $304 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 4085 Terra Farm Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4085 Terra Farm Ln is 1,742 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4085 Terra Farm Ln is 2023.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49685›4085 Terra Farm Ln

This home is located at 4085 Terra Farm Ln in Traverse City, MI and zip code 49685. This 1,742 square foot home, which was built in 2023, sits on a 0.46 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $595,000.

Over 22 listings were sold over their listed price in March 2024 in Traverse City, MI. In the same period over 24 listings were sold below the listed price and 20 listings were sold for the listed price. The number of homes for sale in Traverse City, MI increased by 12.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 56 days, the median list price was $366,000.

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

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