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Sold for $650,000
  • $650,000

    1388 Gray Dr Unit 5, Traverse City, MI 49684

    2beds
    1,217sqft
    Condominium, Single Family Residence
    Built in 2020
    -- sqft lot
    $663,000 Zestimate®
    $534/sqft
    $2,490 Estimated rent

    Home value

    $663,000

    $597,000 - $736,000

    $2,490/mo

    Zestimate® history
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    What's special

    Granite island kitchenOpen floor planBeautiful finishesScenic trailsPlenty of cabinetryHeated tile floors
    If you’re looking for an urban lifestyle out your front door and the quiet of woods and a babbling brook with miles of scenic trails just beyond your patio, this condo is for you. It features an open floor plan w/ a granite island kitchen and plenty of cabinetry. Two bedrms, two baths (Master has heated tile floors), Fire place, beautiful finishes and no stairs! It is one of the few GT Commons condos with an attached heated garage. Enjoy restaurants, shops, and the beauty of this historic neighborhood within the ease of a contemporary home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Marsha Minervini 231-941-4500,

    REMAX Bayshore - Union St TC 231-941-4500

    Bought with:

    Lydia Wiley, 6501434066

    @properties Christie's Int'l

    Source: NGLRMLS,MLS#: 1939455MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 149.64
    • Dimensions: 12.9 x 11.6
    Bedroom 2
    • Level: Main
    • Area: 154.8
    • Dimensions: 12.9 x 12
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Main
    • Width: 13.9
    Kitchen
    • Level: Main
    • Area: 132.54
    • Dimensions: 14.1 x 9.4
    Living room
    • Level: Main
    • Length: 24.4
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Dryer, Electric Water Heater
    • Laundry: Main Level
    Features
    • Entrance Foyer, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Counters, Solid Surface Counters, Kitchen Island, Cable TV, High Speed Internet, DSL, WiFi
    • Flooring: Carpet, Tile
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total structure area: 1,217
    • Total interior livable area: 1,217 sqft
    • Finished area above ground: 1,217
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Drive Under/Built-In, Garage Door Opener, Paved, Heated Garage, Concrete Floors, Concrete
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Main Floor Access, Covered Entrance, Levered Door Knobs
    Features
    • Levels: One
    • Stories: 1
    • Entry location: No Steps,First Floor Level
    • Patio & porch: Patio
    • Exterior features: Sprinkler System, Rain Gutters
    • Waterfront features: Creek
    Lot
    • Features: Level, Landscaped
    Details
    • Additional structures: None
    • Parcel number: 280546300500
    • Zoning description: Residential,Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium, Single Family Residence
    • Attached to another structure: Yes
    Materials
    • 2x6 Framing, Cement Siding
    • Foundation: Poured Concrete, Slab
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Windows, Thermostat

    Community & HOA

    Community
    • Features: Pets Allowed, Common Area, Trails
    • Security: Smoke Detector(s)
    • Subdivision: Grand Traverse Commons
    HOA
    • Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Liability Insurance, Fire Insurance
    • HOA fee: $5,316 annually
    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $534/sqft
    • Tax assessed value: $696,800
    • Annual tax amount: $13,185
    • Price range: $650K - $650K
    • Date on market: 10/9/2025
    • Cumulative days on market: 42 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash
    • Ownership type: Private Owner
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    11/19/2025Sold$650,000-6.5%$534/sqft
    Source: NGLRMLS #1939455 Report a problem
    11/19/2025Pending sale$695,000$571/sqft
    Source: NGLRMLS #1939455 Report a problem
    10/9/2025Listed for sale$695,000$571/sqft
    Source: NGLRMLS #1939455 Report a problem
    9/13/2024Listing removed$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    9/7/2024Price change$2,500-10.7%$2/sqft
    Source: Zillow Rentals Report a problem
    8/29/2024Price change$2,800+12%$2/sqft
    Source: Zillow Rentals Report a problem
    8/4/2024Price change$2,500-9.1%$2/sqft
    Source: Zillow Rentals Report a problem
    7/24/2024Price change$2,750-8.3%$2/sqft
    Source: Zillow Rentals Report a problem
    7/2/2024Listed for rent$3,000+3.4%$2/sqft
    Source: Zillow Rentals Report a problem
    1/1/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/11/2023Listed for rent$2,900$2/sqft
    Source: Zillow Rentals Report a problem
    11/17/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/12/2023Listed for rent$2,900+5.5%$2/sqft
    Source: Zillow Rentals Report a problem
    8/11/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    8/3/2022Listed for rent$2,750$2/sqft
    Source: Zillow Rental Manager Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,185 +2%$348,400 +18.5%
    2024$12,928 +4.5%$294,000 -5.1%
    2023$12,368 +141.8%$309,900 +12.8%
    2022$5,115 $274,700 +90.9%
    2021-- $143,900
    Find assessor info on the county website

    Neighborhood: 49684

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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