5431 Herkner Rd, Traverse City, MI, 49685

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

5431 Herkner Rd, Traverse City$497,000

Buyer Closing Credits

$5,902^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingBlacktop, Concrete, Attached, Concrete Floors

Attached Garage2 spaces

Year Built2024

HeatingNatural Gas, Forced Air

CoolingNatural Gas, Central Air

WaterfrontNone

FireplaceFireplace(s), Electric

MLS #1920729

Lot Size0.44 Acres

StatusActive

About 5431 Herkner Rd

Brand new home by award winning company Leelanau Construction. This is our Modern efficient home with open concept and first floor living. Home features 1,760 Sq. Ft. of open concept and Master bedroom on first floor with 2 additional bedrooms and bathroom on second floor. Home features quarts countertops, tile shower, 2 car garage and luxury vinyl flooring throughout the first floor. The hojme has a walk out basement that is pre plumbed for future finish. This is an amazing West side Traverse City location just minutes to downtown TC, minutes from Traverse City West high School and Just minutes from Moomers and Long Lake access. Eaglehurst subdivision is maintained by the county and has a public road. Municipal water and sewer.

View More

Property Details

Property Features

Property Information:

• Architectural Style: 2 Story
• Year Built: 2024
• Living Area: 1,760 SqFt

Listing Office:

• Office Name: Leelanau Realty Group
• Listing Agent: Corey Flaska

Interior Features

Interior Information:

• Appliances: Electric Water Heater
• Interior: Walk-In Closet(s), Pantry, Solid Surface Counters, Island Kitchen, Mud Room, Great Room, Drywall
• Fireplace: Fireplace(s), Electric

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Deck, Patio, Vinyl, Brick

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes
• Parking: Blacktop, Concrete, Attached, Concrete Floors

Lot Features

Lot Information:

• Lot: Level
• Lot Size: 0.44 Acres

Utilities

Utilities Information:

• Heating: Natural Gas, Forced Air
• 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: Heading west on North Long Lake Rd. take a left on Herkner Rd just Past Traverse City West School entrance. Head south for a quarter mile and turn left into Driveway.

Price Information

Listing Price Info

Price Summary:

• List Price: $497,000
• Price Per SqFt: $282/SqFt

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Traverse City, MI

City

Med. Sold Price

$366K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

66

5431 Herkner Rd vs Traverse City

27 DAYS ON ROCKET

-29 Days

$497,000

+$131K More

$282/SqFt

+$37 More

KEY TAKEAWAY

This property is $131K more than the Median Sold Price and $37/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: #1920729

Listing Office:

• Office Name: Leelanau Realty Group
• Listing Agent: Corey Flaska

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: 4/29/2024, 9:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

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

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$2,548

Per Month

Principal & Interest

$2,481

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,557

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49685›5431 Herkner Rd

This home is located at 5431 Herkner Rd in Traverse City, MI and zip code 49685. This 1,760 square foot home, which was built in 2024, sits on a 0.44 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $497,000.

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 inventory of homes for sale in Traverse City, MI between February 2024 and March 2024 increased by 12.5%. In March 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $366,000.

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