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Sold for $505,000
  • $505,000

    1101 Jefferson Ave, Traverse City, MI 49684

    2beds
    900sqft
    Single Family Residence
    Built in 1937
    9,583 Square Feet Lot
    $512,000 Zestimate®
    $561/sqft
    $2,198 Estimated rent

    Home value

    $512,000

    $461,000 - $568,000

    $2,198/mo

    Zestimate® history
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    What's special

    This is the Slabtown location you’ve been looking for! This oversized 195’ x 50’ lot is one of the largest you’ll find in Downtown Traverse City’s most sought-after neighborhood. Whether you renovate the existing 2-bedroom ranch home or build from the ground up, this parcel offers tremendous potential for your vision and your investment. R-1b zoning provides flexibility, allowing for accessory dwelling units (maximum of 2 dwellings per parcel) or an accessory building, depending on your desired use. The location can’t be beat: just ½ mile to Slabtown Beach on West Bay, ¾ mile to Downtown, ¼ mile to Munson, and ½ mile to Willow Hill Elementary. If you’re looking for a rare, extra-large parcel in a premium location with room to create exactly what you want, this is it. Opportunities like this don’t come around often so don’t miss out!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Oltersdorf jonathan@oltersdorf.com,

    Oltersdorf Realty, LLC 231-271-7777

    Bought with:

    Christina Ingersoll, 6501279134

    REMAX Bayshore - Union St TC

    Source: NGLRMLS,MLS#: 1940113MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 108.29
    • Dimensions: 11.9 x 9.1
    Bedroom 2
    • Level: Main
    • Area: 101.12
    • Dimensions: 11.1 x 9.11
    Primary bathroom
    • Features: None
    Dining room
    • Level: Main
    • Area: 77.76
    • Dimensions: 9.6 x 8.1
    Kitchen
    • Level: Main
    • Area: 96
    • Dimensions: 12 x 8
    Living room
    • Level: Main
    • Area: 200.6
    • Dimensions: 17 x 11.8
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Oven/Range, Washer, Dryer, Electric Water Heater
    • Laundry: Lower Level
    Features
    • Cable TV, High Speed Internet
    • Flooring: Wood, Vinyl, Carpet
    • Basement: Partial,Crawl Space,Unfinished,Interior Entry
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 900
    • Total interior livable area: 900 sqft
    • Finished area above ground: 900
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Paved, Asphalt, Private
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Main Floor Access
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Sprinkler System, Sidewalk, Other, Garden
    • Waterfront features: None
    Lot
    • Size: 9,583 Square Feet
    • Dimensions: 50 x 195
    • Features: Corner Lot, Cleared, Level, Metes and Bounds
    Details
    • Additional structures: None
    • Parcel number: 5110404800
    • Zoning description: Residential,Outbuildings Allowed

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    • Foundation: Block, Poured Concrete
    • Roof: Asphalt
    Condition
    • Fixer
    • New construction: No
    • Year built: 1937

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: None
    • Subdivision: Slabtown
    HOA
    • Services included: None
    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $561/sqft
    • Tax assessed value: $107,788
    • Annual tax amount: $3,918
    • Price range: $505K - $505K
    • Date on market: 10/31/2025
    • Cumulative days on market: 119 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash,VA Loan,1031 Exchange
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/27/2026Sold$505,000-7.3%$561/sqft
    Source: NGLRMLS #1940113 Report a problem
    1/2/2026Pending sale$545,000$606/sqft
    Source: NGLRMLS #1940113 Report a problem
    11/20/2025Price change$545,000-5.2%$606/sqft
    Source: NGLRMLS #1940113 Report a problem
    10/31/2025Listed for sale$575,000+250.6%$639/sqft
    Source: NGLRMLS #1940113 Report a problem
    1/16/2001Sold$164,000$182/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,918 +7.5%$200,700 +9.1%
    2024$3,644 +4.7%$184,000 +4.1%
    2023$3,480 +2.1%$176,800 +2.7%
    2022$3,409 +1%$172,200 +9.1%
    2021$3,377 +0.3%$157,900 +2.9%
    2020$3,365 $153,500 +3.1%
    2019$3,365 +2.1%$148,900 +2.8%
    2018$3,296 $144,800
    2017-- $144,800 +5.6%
    2016-- $137,100 +23.5%
    2014-- $111,000 +7.6%
    2012-- $103,200 -1.1%
    2011-- $104,400 -0.8%
    2010-- $105,200 -4.2%
    2009-- $109,800 +0%
    2008-- $109,770 +4.2%
    2007-- $105,310 -0.4%
    2005-- $105,680 +55.3%
    2004-- $68,060 +0.8%
    2003-- $67,530 +7.6%
    2002-- $62,780 +6.1%
    2001-- $59,150 +20.2%
    2000-- $49,220
    Find assessor info on the county website

    Neighborhood: Slab Town

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Willow Hill Elementary School
    • Middle: Traverse City West Middle School
    • High: Traverse City West Senior High School
    • 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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    $512,000
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    With Zillow Showcase(estimated)
    $522,240