Tucked into one of the most private settings in Cherrywood Commons, this beautifully updated end-unit condominium backs to peaceful woods and open green space, offering a rare combination of privacy, natural beauty, and low-maintenance living on Old Mission Peninsula. The thoughtfully renovated interior is truly move-in ready, featuring luxury vinyl plank flooring, an updated kitchen with modern finishes, a refreshed bathroom, and newer furnace and central air conditioning for year-round comfort. Natural light fills the main living area, while the finished lower level provides flexible space for a family room, home office, fitness area, or guest accommodations. Enjoy your morning coffee overlooking the trees, entertain with ease, or simply relax knowing the major updates have already been completed. An attached garage adds convenience and additional storage. Located just minutes from downtown Traverse City, yet surrounded by the wineries, orchards, beaches, and scenic beauty of Old Mission Peninsula, this home offers the best of both worlds—peaceful peninsula living with easy access to shopping, dining, and waterfront recreation. Whether you're looking for a year-round residence or a Northern Michigan retreat, this exceptional condo combines an ideal location, quality updates, and a setting that is difficult to find.
For sale
$347,500
136 Mathison Rd, Traverse City, MI 49686
2beds
1,064sqft
:
Get pre-qualified$2,665/mo
Condominium, Single Family Residence
Built in 1979
-- sqft lot
$348,800 Zestimate®
$327/sqft
$370/mo HOA
What's special
Refreshed bathroomBeautifully updated end-unit condominiumLuxury vinyl plank flooring
- 3 days |
- 755 |
- 25 |
Zillow last checked:
Listing updated:
Listed by:
Judy Robinson Cell:231-620-2816,
Coldwell Banker Schmidt Traverse City 231-922-2350
Source: NGLRMLS,MLS#: 1948731
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: 120.4
- Dimensions: 12.04 x 10
Bedroom 2
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Area: 81.08
- Dimensions: 10.06 x 8.06
Kitchen
- Level: Main
- Area: 70.6
- Dimensions: 10 x 7.06
Living room
- Level: Main
- Area: 208.96
- Dimensions: 16 x 13.06
Heating
- Forced Air, Natural Gas, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
- Laundry: Main Level
Features
- Entrance Foyer, WiFi
- Flooring: Luxury Vinyl Plank, Carpet
- Has fireplace: Yes
Interior area
- Total structure area: 1,064
- Total interior livable area: 1,064 sqft
- Finished area above ground: 864
- Finished area below ground: 200
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener, Paved, Asphalt, Shared Driveway
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Levels: One
- Stories: 1
- Entry location: No Steps,First Floor Level
- Waterfront features: None
Lot
- Features: Level, Landscaped
Details
- Additional structures: None
- Parcel number: 281145701000
- Zoning description: Residential
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1979
- Major remodel year: 2021
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Common Area
- Subdivision: Cherrywood Commons
HOA
- Services included: Water, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure
- HOA fee: $4,440 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $61,799
- Annual tax amount: $1,625
- Price range: $347.5K - $347.5K
- Date on market: 7/31/2026
- Cumulative days on market: 4 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Lease term: Other
- Road surface type: Asphalt
Estimated market value
$348,800
$331,000 - $366,000
$1,645/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2026 | Listed for sale | $347,500+148.4%$327/sqft |
Source:  NGLRMLS #1948731 Report a problem | ||
| 7/26/2018 | Sold | $139,900+57.4%$131/sqft |
Source: Agent Provided Report a problem | ||
| 6/23/2012 | Listing removed | $88,900$84/sqft |
Source: Real Estate One-randolph #1734218 Report a problem | ||
| 10/30/2011 | Price change | $88,900-11%$84/sqft |
Source: Real Estate One-randolph #1708350 Report a problem | ||
| 1/16/2011 | Price change | $99,900-8.3%$94/sqft |
Source: Real Estate One-randolph #1708350 Report a problem | ||
| 6/18/2010 | Listed for sale | $109,000$102/sqft |
Source: Real Estate One-randolph #1708350 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,625 +5.7% | $156,000 +22.1% |
| 2024 | $1,538 +5% | $127,800 +18.4% |
| 2023 | $1,464 +7.1% | $107,900 +38.3% |
| 2022 | $1,367 +1% | $78,000 +5% |
| 2021 | $1,353 -0.5% | $74,300 |
| 2020 | $1,360 | $74,300 +49.8% |
| 2019 | $1,360 -33.4% | $49,600 |
| 2018 | $2,042 | $49,600 |
| 2017 | -- | $49,600 +4% |
| 2016 | -- | $47,700 +11.7% |
| 2014 | -- | $42,700 -9.3% |
| 2012 | -- | $47,100 |
| 2011 | -- | $47,100 -9.9% |
| 2010 | -- | $52,300 |
| 2009 | -- | $52,300 |
| 2008 | -- | $52,300 +1.4% |
| 2007 | -- | $51,600 |
| 2005 | -- | $51,600 |
| 2004 | -- | $51,600 +0.3% |
| 2003 | -- | $51,424 +6.6% |
| 2002 | -- | $48,258 +13.5% |
| 2001 | -- | $42,500 +7.6% |
| 2000 | -- | $39,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 49686
Nearby schools
GreatSchools rating
- 7/10Eastern Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 7/10Central High SchoolGrades: 8-12Distance: 1.6 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 5.6 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.
- $328,0002 bd2 ba1.4k sqft138 Mathison Rd, Traverse City, MI 49686Off Market
- $309,4002 bd1 ba800 sqft134 Mathison Rd, Traverse City, MI 49686Off Market
- $316,300-- bd1 ba-- sqft132 Mathison Rd, Traverse City, MI 49686Off Market
- $343,7002 bd2 ba1.5k sqft116 Mathison Rd, Traverse City, MI 49686Off Market
- $290,9002 bd2 ba1.5k sqft116 Mathison Rd #5, Traverse City, MI 49686Off Market
- $296,2002 bd1 ba806 sqft114 Mathison Rd, Traverse City, MI 49686Off Market
- $346,3003 bd1 ba1.1k sqft7044 Hilltop Ave, Traverse City, MI 49686Off Market
- $179,9500.42 Acres7016 Hilltop Ave, Traverse City, MI 49686Lot/Land
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $345,0002 bd1 ba832 sqft548 Cromwell Dr, Traverse City, MI 49686For Sale
MLS ID #1948714, Meghan Zammit. NGLRMLS - $349,0003 bd2 ba1.5k sqft13662 S Thorn Creek Dr, Traverse City, MI 49684For Sale
MLS ID #1948823, Abigail Steffens. NGLRMLS - $299,0002 bd1 ba896 sqft119 Fair St, Traverse City, MI 49686For Sale
MLS ID #1948558, Lynne Moon. NGLRMLS - $387,0004 bd2 ba1.3k sqft11153 Center Rd, Traverse City, MI 49686For Sale
MLS ID #1948756, Ted Schweitzer. NGLRMLS - $425,0002 bd1 ba1k sqft339 Huron St, Traverse City, MI 49686For SaleMLS ID #1948848, Brian McGillivary. NGLRMLS
- $335,0002 bd2 ba961 sqft630 S Garfield Ave Unit 118, Traverse City, MI 49686For SaleMLS ID #1947354, Ryan Anderson. NGLRMLS
- $335,0002 bd2 ba897 sqft630 S Garfield Ave #215, Traverse City, MI 49686For SaleMLS ID #1947244, Ann Porter. NGLRMLS
- $335,0002 bd2 ba897 sqft630 S Garfield Ave #108, Traverse City, MI 49686For SaleMLS ID #1947037, Jennifer Sterling. NGLRMLS
- $367,5002 bd2 ba1.2k sqft1178 Hemingway Ln, Traverse City, MI 49686For SaleMLS ID #1947924, Mandy Brown. NGLRMLS
- $334,9003 bd1 ba990 sqft33 Bluejay Rd, Traverse City, MI 49696For SaleMLS ID #1948683, Laura Cobb. NGLRMLS
- $400,0002 bd3 ba1.4k sqft9705 E Carter Rd, Traverse City, MI 49684For SaleMLS ID #1948601, Ryan Craig. NGLRMLS
- $384,9003 bd1 ba1.2k sqft6072 Center Rd, Traverse City, MI 49686For Sale
MLS ID #50210203, Taylor Cobb, HOMEFLO. MiRealSource - $225,0001 bd1 ba545 sqft841 Fern St, Traverse City, MI 49686For SaleMLS ID #1948763, Renae Hansen. NGLRMLS
- $395,0002 bd2 ba1.1k sqft141 Birchwood Ave, Traverse City, MI 49686For SaleMLS ID #1943711, Rita Rathburn. NGLRMLS
- $455,0002 bd2 ba1.1k sqft1420 Forest Park Dr, Traverse City, MI 49684For SaleMLS ID #1948824, Haley Clack. NGLRMLS
- $359,0002 bd2 ba950 sqft621 Riverine Dr APT 205, Traverse City, MI 49684For Sale
MLS ID #26034539, Terry F Kraus, Compass Michigan LLC. MichRIC - $350,0004 bd2 ba1.5k sqft1222 Arbutus Ct, Traverse City, MI 49686For SaleMLS ID #1947085, Kristine Shacklette. NGLRMLS
- $350,0002 bd2 ba1.5k sqft2116 Seaview Dr, Traverse City, MI 49686For SaleMLS ID #1946806, Jeffrey Wichern. NGLRMLS
- $400,0003 bd2 ba1.4k sqft1022 Centre St, Traverse City, MI 49686For SaleMLS ID #1947437, Patrick Lund. NGLRMLS
- $312,9002 bd2 ba897 sqft630 S Garfield Ave #304, Traverse City, MI 49686For SaleMLS ID #1934825, Jonathan Crosby. NGLRMLS
