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5415 Marks Ln, Traverse City, MI, 49684

$460,000

Home List Price

$5,463*

Closing Credit

4 Bedrooms
1 Full Bath
2,608 SqFt
$176/SqFt
House
Schools Nearby

Location

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5415 Marks Ln, Traverse City$460,000

Buyer Closing Credits

$5,463*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Attached, Door Opener
Attached Garage2 spaces
Year Built1997
HeatingNatural Gas, Forced Air, Central
CoolingNatural Gas, Central Air
WaterfrontNone
FireplaceFireplace(s), Gas
MLS #1922570
Lot Size1.17 Acres
StatusActive
(Active U/C Taking Backups)

About 5415 Marks Ln

This impeccably maintained ranch is situated in a sought after neighborhood on the desirable west side of Traverse City. The living room's vaulted ceilings and large windows create an abundance of natural light, while the newly finished lower level with wet bar provides extra space for entertainment or relaxation. This large, private lot allows you to enjoy the best of a northern Michigan summer. Get cozy around the fire pit in the evenings, and utilize your green thumb in the raised garden beds. Enjoy the serene, private setting of your new home, while being conveniently close to all the amenities and attractions that Traverse City has to offer. Many updates and improvements, including new standing-seam medal roof and gutters, new dishwasher, washer, and dryer, and new composite decking. Lower level bedroom could easily be split to create an additional bedroom or office.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1997
  • Living Area: 2,608 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Katie Grizzel

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener, Washer, Dryer, Exhaust Fan
  • Interior: Skylights, Foyer Entrance, Walk-In Closet(s), Wet Bar, Vaulted Ceilings
  • Fireplace: Fireplace(s), Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: None
  • Exterior: Deck, Covered Porch, Garden Area, Gutters, Vinyl

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Blacktop, Attached, Door Opener

Lot Features

Lot Information:

  • Lot: Corner Lot, Wooded, Level
  • Lot Size: 1.17 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: Cedar Run Rd to Jacks Trail to Marks Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $460,000
  • Price Per SqFt: $176/SqFt

Tax Information:

  • Annual Amount: $2,539
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$425K

Med. Price/SqFt

$246

Avg. Days On Market

54

# of Sold Homes

98

5415 Marks Ln vs Traverse City

57 DAYS ON ROCKET

+3 Days

$460,000

+$35K More

$176/SqFt

-$70 Less

KEY TAKEAWAY

This property is $35K more than the Median Sold Price and $70/SqFt less than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1922570

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Katie Grizzel

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: 7/19/2024, 7:20:50 AM 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$2,539$106,200
2020$2,363$101,500
2019 - $95,600
2018 - $95,700
2017 - $93,300

History based on county public records data.

Payment Calculator

$2,363

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,446

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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-1276017
5
/10
  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 2.40 miles

  • Public District Grades PK-5

school-card-donut-1276018
9
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 6.82 miles

  • Public District Grades PK-6

Middle School

school-card-donut-1276019
7
/10
  • West Middle School

  • 3950 Silver Lake Rd

  • 5.75 miles

  • Public District Grades 6-8

High School

school-card-donut-1276020
8
/10
  • West Senior High School

  • 5376 N Long Lake Rd

  • 4.24 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,467. Typical income of Traverse City, MI residents is between $35k-100k annually. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5415 Marks Ln

What is the listing price of this property?

The listing price of 5415 Marks Ln property is $460,000.

What type of property is this?

The property 5415 Marks Ln is a house located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 5415 Marks 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 5415 Marks Ln are:
Long Lake Elementary School: GreatSchools Rating 5/10
Tcaps Montessori School: GreatSchools Rating 9/10
West Middle School: GreatSchools Rating 7/10
West Senior High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,539 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5415 Marks Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5415 Marks Ln is 2,608 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5415 Marks Ln is 1997.

Rocket HomesMichiganGrand Traverse CountyTraverse City496845415 Marks Ln

This home is located at 5415 Marks Ln in Traverse City, MI and zip code 49684. This 2,608 square foot home, which was built in 1997, sits on a 1.17 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 22, 2024 and is currently priced at $460,000.

Traverse City, MI housing market in June 2024 saw over 22 listings sold above listed price, more than 28 sold at listed price and over 46 sold below. The number of homes for sale in Traverse City, MI increased by 14.7% between May 2024 and June 2024. In June 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $425,000.

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

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