The historical Hannah Lay Beach House, built in 1927, is a spectacular 7 bed/5.5 bath Cape Cod style home which boasts 235’ of private, sugar sand East Bay frontage along Traverse City's Miracle Mile! Upon entry, you are greeted by a spacious living room with high beamed ceilings and a dual-sided stone gas fireplace. A beautiful kitchen with gleaming countertops and ample cabinet storage is adjoined to the dining area, surrounded by windows. Beyond the living room into the water-facing family room is the opposite side of the stone fireplace, a handsome wet bar, and panoramic water views. The views continue with an expansive Primary bedroom boasting a traditional bay window, large walk-in closet and a private en suite bath featuring a dual vanity and a tiled corner shower-for-two. A large, designated laundry hosts a charming built-in window seat and separate exit point. On the west side of the home is a sizable guest bedroom with water views, full hallway bath, and a mudroom, connecting to the carriage house via a breezeway. The upper levels overlook the living room below and host 3 roomy guest bedrooms, an office space, and two full baths as well as an upstairs stackable washer and dryer. Connected by the breezeway is a 2 bed/1 bath carriage house and garage. The space is light and airy with charming dormer windows, peaked ceilings, glossy wood floors, and a kitchenette. 2 additional bedrooms share a full bath. The 3-car garage hosts multiple closets and storage rooms, as well as a mudroom and half bath. The rear of the home hosts a custom stone patio facing the deep powdery beach and shimmering water of East Bay. This incredible home is perched on nearly 1-acre, and is in a prime location mere blocks way from downtown TC's best dining, shopping, beaches, and entertainment!
Property Details
Property Features
Property Information:
Architectural Style: Cape Cod, 2+ Story
Year Built: 1927
Living Area: 5,109 SqFt
Listing Office:
Office Name: REMAX Bayshore - W Bay Shore Dr TC
Listing Agent: Robert Brick
Interior Features
Interior Information:
Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Security System, Other, Ceiling Fan(s), Gas Water Heater
Interior: Bay Window(s), Foyer Entrance, Walk-In Closet(s), Breakfast Nook, Other, Solid Surface Counters, Island Kitchen, Mud Room, Great Room, Beamed Ceilings, Vaulted Ceilings
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$21K
Per Month
Principal & Interest
$20.9K
Home PriceThe dollar amount you pay for the home.
$
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 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.
$%
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.
Property Taxes
$0
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
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
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
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
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
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12.6K
Powered By
Advertisement
NMLS#3030
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
8
/10
Eastern Elementary School
1600 Eastern Ave
Distance between this listing and this school1.20 miles
Public District Grades PK-5
6
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school2.87 miles
Public District Grades PK-6
Middle School
6
/10
East Middle School
1776 3 Mile Rd N
Distance between this listing and this school3.11 miles
Public District Grades 6-8
High School
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school1.22 miles
Public District Grades 9-12
Assigned Schools
8
/10
Eastern Elementary School
1600 Eastern Ave
Distance between this listing and this school1.20 miles
Public District Grades PK-5
6
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school2.87 miles
Public District Grades PK-6
Nearby Schools
5
/10
Traverse Heights Elementary School
933 Rose St
Distance between this listing and this school1.41 miles
Public District Grades PK-5
Assigned Schools
6
/10
East Middle School
1776 3 Mile Rd N
Distance between this listing and this school3.11 miles
Public District Grades 6-8
Nearby Schools
4
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school3.67 miles
Public Charter Grades 6-8
7
/10
West Middle School
3950 Silver Lake Rd
Distance between this listing and this school4.21 miles
Public District Grades 6-8
Assigned Schools
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school1.22 miles
Public District Grades 9-12
Nearby Schools
8
/10
Grand Traverse Academy
1245 Hammond Rd E
Distance between this listing and this school2.73 miles
Public Charter Grades KG-12
9
/10
West Senior High School
5376 N Long Lake Rd
Distance between this listing and this school5.62 miles
The neighbors living near this home have an average income of $42,364. The most common annual income of people living in Traverse City, MI is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 743 Munson Ave
What is the listing price of this property?
The listing price of 743 Munson Ave property is $4,199,900.
What type of property is this?
The property 743 Munson Ave is a house located in Traverse City, Michigan, 49686.
Is this property for sale now?
Active Listing: 743 Munson Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 743 Munson Ave are: Eastern Elementary School: GreatSchools Rating 8/10Tcaps Montessori School: GreatSchools Rating 6/10East Middle School: GreatSchools Rating 6/10Central 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 $13,142 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 743 Munson Ave has 7 bedrooms and 1 full and 1 half bathrooms.
What is the square footage of this property?
The property 743 Munson Ave is 5,109 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 743 Munson Ave is 1927.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 743 Munson Ave in Traverse City, MI and zip code 49686. This 5,109 square foot home, which was built in 1927, sits on a 0.94 acre lot. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $4,199,900.
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. The inventory of homes for sale in Traverse City, MI between February 2024 and March 2024 increased by 12.5%. The median list price of listings available in March 2024 was $366,000, while the average time on the real estate market was 56 days.
From Rocket Homes Real Estate and based on county public records data.
Extreme Sports
Extreme Sports
Figure Skating
NASCAR
Academy Sports & Outdoors
Kmart
Dollar General
Little Caesars
Bob Evans
Cracker Barrel
Chevrolet
Buick
Ram
Country
Oldies