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$509,123

123 E 16th St, Traverse City, MI 49684

3beds

1,502sqft

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Single Family Residence

Built in 1895

0.37 Acres Lot

$515,800 Zestimate^®

$339/sqft

$-- HOA

What's special

Detached garageBeautifully landscaped double lotHardwood floorsBack patioLight-filled dining roomEfficient kitchen layout

Downtown Traverse City living meets English cottage charm. Tucked away on a rare, beautifully landscaped double lot, this 3-bedroom home sits just one block from the Boardman Lake Loop Trail and is walkable to all things Traverse City! The main level features hardwood floors, a light-filled dining room, a cozy living room with corner windows, two bedrooms, and an efficient kitchen layout. Upstairs, a versatile third bedroom and bath plus den/office top it off! Enjoy summer evenings on the back patio or early morning coffee waking up with the birds. The main-floor sun porch serves as a mudroom & a lovely place to do laundry. The detached garage is perfect for its intended use, a workshop or turn it into an income producing ADU! Located just blocks from the Country Club, groceries, bakeries and more, this property offers unmatched proximity to downtown dining and shopping.

8 days

1,670

114

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
3/4 bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main
Area: 152.61
Dimensions: 15.11 x 10.1

Bedroom 2

Level: Main
Area: 197.94
Dimensions: 15.11 x 13.1

Bedroom 3

Level: Upper
Area: 149.6
Dimensions: 11 x 13.6

Primary bathroom

Features: Shared

Dining room

Level: Main
Area: 209.43
Dimensions: 16.11 x 13

Kitchen

Level: Main
Area: 156
Dimensions: 13 x 12

Living room

Level: Main
Area: 175.95
Dimensions: 15.3 x 11.5

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
Laundry: Main Level

Features

Entrance Foyer, Granite Counters, Solid Surface Counters, Mud Room, Den/Study, Ceiling Fan(s), High Speed Internet, WiFi
Flooring: Wood, Vinyl, Carpet
Windows: Blinds
Basement: Crawl Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 1,502
Total interior livable area: 1,502 sqft
Finished area above ground: 1,502
Finished area below ground: 0

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Property

Parking

Total spaces: 2
Parking features: Detached, Concrete Floors, Concrete, Dirt, Alley Access, Private
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1
Patio & porch: Patio
Exterior features: Sprinkler System, Sidewalk, Garden
Fencing: Fenced
Waterfront features: None

Lot

Size: 0.37 Acres
Dimensions: 100 x 165
Features: Level, Landscaped, Subdivided

Details

Additional structures: None
Parcel number: 285187805500
Zoning description: Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage
Property subtype: Single Family Residence

Materials

Frame, Aluminum Siding, Wood Siding
Foundation: Block
Roof: Asphalt

Condition

New construction: No
Year built: 1895
Major remodel year: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: None
Security: Smoke Detector(s)
Subdivision: WILHELM'S ADD

HOA

Services included: None

Location

Region: Traverse City

Financial & listing details

Price per square foot: $339/sqft
Tax assessed value: $202,800
Annual tax amount: $10,524
Price range: $509.1K - $509.1K
Date on market: 7/4/2026
Cumulative days on market: 9 days
Listing agreement: Exclusive Right Sell
Listing terms: Conventional,Cash,FHA,USDA Loan,VA Loan
Ownership type: Private Owner
Road surface type: Asphalt

Estimated market value

$515,800

$490,000 - $542,000

$2,260/mo

Price history

Date	Event	Price
7/4/2026	Listed for sale	$509,123+41.4%$339/sqft
Source: NGLRMLS #1947603 Report a problem
8/14/2023	Sold	$360,123+10.8%$240/sqft
Source: NGLRMLS #1913487 Report a problem
7/18/2023	Listed for sale	$325,000+766.7%$216/sqft
Source: NGLRMLS #1913487 Report a problem
6/24/1994	Sold	$37,500$25/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,524 +302%	$238,200 +25.8%
2024	$2,618 +4.7%	$189,400 +17.6%
2023	$2,500 +2.1%	$161,100 +1.5%
2022	$2,449 +1%	$158,700 +2.7%
2021	$2,426 +0.3%	$154,600 +8.9%
2020	$2,418	$142,000 +8%
2019	$2,418 +2.1%	$131,500 +1.5%
2018	$2,368	$129,600 +2.8%
2017	--	$126,100 +11.1%
2016	--	$113,500 +6.2%
2014	--	$106,900 +19.4%
2012	--	$89,500 +0.1%
2011	--	$89,400 +1.9%
2010	--	$87,700 -5.2%
2009	--	$92,500 +3%
2008	--	$89,820 -7.3%
2007	--	$96,860 +12.6%
2005	--	$86,000 +16.8%
2004	--	$73,650 +0.6%
2003	--	$73,200 +6.2%
2002	--	$68,910 +6.4%
2001	--	$64,770 +7%
2000	--	$60,520

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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