Traverse City "In-Town" 3 Br 1.5 Bath Home for only $330,000! Zone R-2 allowing duplexes or an Accessory Dwelling Unit. Newer Siding, windows, mechanicals, and paint. Attached Garage and fenced in yard. Near the TART Trail, restaurants, shopping, and Grand Traverse Bay. Great affordable home or investment. This home can easily be turned into a "legal" duplex.
Sold for $300,000
$300,000
1002 Lincoln St, Traverse City, MI 49686
3beds
1,050sqft
Single Family Residence
Built in 1894
-- sqft lot
$309,200 Zestimate®
$286/sqft
$1,963 Estimated rent
Home value
$309,200
$275,000 - $346,000
$1,963/mo
Zestimate® history
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$1,892/mo
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$1,892/mo
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List your homeWhat's special
Fenced in yardAttached garageNewer siding
Zillow last checked:
Listing updated:
Listed by:
Ken Kleinrichert 231-620-2989,
@properties Christie's Int'l 231-642-2363
Bought with:
Rebecca Galsterer, 6501317237
REO-TCFront-233021
Source: NGLRMLS,MLS#: 1932381
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Bedroom 2
- Level: Upper
- Area: 144
- Dimensions: 12 x 12
Bedroom 3
- Level: Upper
- Area: 99
- Dimensions: 11 x 9
Primary bathroom
- Features: Shared
Kitchen
- Level: Main
- Area: 135
- Dimensions: 15 x 9
Living room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Heating
- Forced Air, Natural Gas
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Washer
- Laundry: Lower Level
Features
- Mud Room, Cable TV
- Flooring: Vinyl, Carpet
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,050
- Total interior livable area: 1,050 sqft
- Finished area above ground: 1,050
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete Floors, Asphalt
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Waterfront features: None
Lot
- Size: 3,920 Square Feet
- Dimensions: 132 x 30
- Features: Cleared, Metes and Bounds
Details
- Additional structures: None
- Parcel number: 5177804700
- Zoning description: Residential,Multi-Family
- Other equipment: Dish TV
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1894
- Major remodel year: 2000
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: Metes and Bounds
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $263,200
- Annual tax amount: $2,918
- Price range: $300K - $300K
- Date on market: 4/11/2025
- Cumulative days on market: 21 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,FHA,MSHDA
- Ownership type: Private Owner
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2025 | Sold | $300,000-9.1%$286/sqft |
Source:  NGLRMLS #1932381 Report a problem | ||
| 4/29/2025 | Pending sale | $330,000$314/sqft |
Source: NGLRMLS #1932381 Report a problem | ||
| 4/11/2025 | Listed for sale | $330,000$314/sqft |
Source: NGLRMLS #1932381 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,910 +6.7% | $131,600 +6% |
| 2024 | $2,727 +4.8% | $124,100 +33% |
| 2023 | $2,602 +2.5% | $93,300 +1.5% |
| 2022 | $2,539 +1.1% | $91,900 +9.8% |
| 2021 | $2,512 +0.8% | $83,700 +8.4% |
| 2020 | $2,491 | $77,200 +5.5% |
| 2019 | $2,491 +2.2% | $73,200 +7.8% |
| 2018 | $2,437 | $67,900 +15.1% |
| 2017 | -- | $59,000 +12.6% |
| 2016 | -- | $52,400 +8.7% |
| 2014 | -- | $48,200 +10.3% |
| 2012 | -- | $43,700 -1.4% |
| 2011 | -- | $44,300 -11.4% |
| 2010 | -- | $50,000 -3.5% |
| 2009 | -- | $51,800 -7% |
| 2008 | -- | $55,700 +0.9% |
| 2007 | -- | $55,200 +13.1% |
| 2005 | -- | $48,820 +5.4% |
| 2004 | -- | $46,330 +6.1% |
| 2003 | -- | $43,670 +1.5% |
| 2002 | -- | $43,040 +20.8% |
| 2001 | -- | $35,640 +20.7% |
| 2000 | -- | $29,530 |
Find assessor info on the county website
Neighborhood: Traverse Heights
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Nearby schools
GreatSchools rating
- 5/10Traverse Heights Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 7/10Central High SchoolGrades: 8-12Distance: 0.8 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 3.9 mi
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$309,200
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Sell for more on Zillow
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$309,200
2% more
+$6,184
With Zillow Showcase(estimated)
$315,384
