7138 Cherrywood Ct, Traverse City, MI, 49686

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7138 Cherrywood Ct, Traverse City$338,000

Buyer Closing Credits

$4,014^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingBlacktop, Attached, Door Opener

Attached Garage1 space

Year Built1980

HeatingNatural Gas, Forced Air, Central

CoolingNatural Gas, Central Air

WaterfrontNone

FireplaceFireplace(s), Wood

MLS #1920386

StatusActive

About 7138 Cherrywood Ct

Excellent Location! Not only on Old Mission Peninsula, also within Cherrywood Commons Development. Located in Building 12 you will have privacy, space and a lovely view of the yard. This darling and very well cared for condo offers 1,190 square feet, 2 bedrooms, 2 bathrooms, luxury vinyl plank flooring, crown molding, new high efficiency furnace, 1 car garage and a lower level that offers ample space for storage. Just minutes from downtown Traverse City and wineries, breweries, churches, Cherry Capital Airport, Munson Hospital, ski hills, beaches, marinas and more!

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Property Details

Property Features

Property Information:

• Architectural Style: 1 Story
• Year Built: 1980
• Living Area: 1,190 SqFt

Listing Office:

• Office Name: Coldwell Banker Schmidt-402
• Listing Agent: Danielle Jerome

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Ceiling Fan(s), Gas Water Heater
• Interior: Foyer Entrance, Drywall
• Fireplace: Fireplace(s), Wood

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Sprinkler System, Patio, Landscaped, Gutters, Aluminum

Parking Information:

• Garage Space: 1 space
• Attached Garage: Yes
• Parking: Blacktop, Attached, Door Opener

Lot Features

Lot Information:

• Lot: Cleared, Wooded, Level

Utilities

Utilities Information:

• Heating: Natural Gas, Forced Air, Central
• Cooling: Natural Gas, Central Air

School Info

Assigned Schools Information:

• Central High School, Public District Grades 9-12
• East Middle School, Public District Grades 6-8
• Eastern Elementary School, Public District Grades PK-5
• Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

• Directions: Center Road to a left on Mathison. Right on Cherrywood. Last building on the right before the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

• List Price: $338,000
• Price Per SqFt: $284/SqFt

Tax Information:

• Annual Amount: $1,358
• Tax Year: 2021

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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

7138 Cherrywood Ct vs Traverse City

38 DAYS ON ROCKET

-18 Days

$338,000

-$28K Less

$284/SqFt

+$39 More

KEY TAKEAWAY

This property is $28K less than the Median Sold Price and $39/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: #1920386

Listing Office:

• Office Name: Coldwell Banker Schmidt-402
• Listing Agent: Danielle Jerome

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, 10:25:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$1,358	$78,300
2020	$1,366	$78,300
2019	-	$49,800
2018	-	$49,800
2017	-	$49,800

History based on county public records data.

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**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49686›7138 Cherrywood Ct

This home is located at 7138 Cherrywood Ct in Traverse City, MI and zip code 49686. This 1,190 square foot home was built in 1980. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $338,000.

While more than 22 listings in Traverse City, MI in March 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 24 were sold below. In March 2024 in Traverse City, MI there were 12.5% more homes for sale than in February 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.