316 Seventh Street is a rare opportunity to own a classic home in the heart of downtown Traverse City’s beloved Central Neighborhood. Just blocks from everything that makes Traverse City special - award-winning restaurants, coffee shops, beaches, the farmers’ market, and the TART Trail - the location simply could not be better. This 3-bedroom, 1.5-bath home is filled with character and charm. Enter through the welcoming vestibule into a spacious formal living room with oversized windows and abundant natural light. A large, dedicated dining room creates an inviting space for gatherings, and the first of three bedrooms is conveniently located on the main floor. The kitchen offers generous storage and workspace, while the rear family room creates a cozy and comfortable place to relax. You’ll also appreciate the convenience of main-floor laundry and a full bath on the main level. Upstairs are two large bedrooms and an additional half bath. Outside, the deep backyard feels surprisingly private for an in-town setting, with mature landscaping and plenty of room to garden, entertain, or simply enjoy summer evenings. In addition to the barn, there is a large parking pad with space for guests, a boat, or an RV. After more than 50 years in the same family, this beloved home is ready for its next chapter. Now, a new owner can bring their own vision and style to one of Traverse City’s most sought-after downtown neighborhoods. Here’s your chance to create something truly special in a location where opportunities like this seldom come along. Seller to review any and offers Wednesday, May 27th at 5:00 PM.
Sold for $454,000
$454,000
316 7th St, Traverse City, MI 49684
3beds
1,761sqft
Single Family Residence
Built in 1895
8,276.4 Square Feet Lot
$454,600 Zestimate®
$258/sqft
$3,135 Estimated rent
Home value
$454,600
$418,000 - $496,000
$3,135/mo
Zestimate® history
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List your homeWhat's special
Mature landscapingAbundant natural lightWelcoming vestibuleMain-floor laundryLarge dedicated dining roomOversized windows
Zillow last checked:
Listing updated:
Listed by:
Jennifer Gaston 231-941-4500,
REMAX Bayshore - Union St TC 231-941-4500
Bought with:
Lexa Ferrill, 6501431255
REO-TCRandolph-233022
Source: NGLRMLS,MLS#: 1945631
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: Upper
- Area: 193.12
- Dimensions: 14.2 x 13.6
Bedroom 2
- Level: Upper
- Area: 129.72
- Dimensions: 13.8 x 9.4
Bedroom 3
- Level: Main
- Area: 90
- Dimensions: 10 x 9
Primary bathroom
- Features: None
Dining room
- Level: Main
- Area: 183.58
- Dimensions: 13.7 x 13.4
Family room
- Level: Main
- Area: 253.23
- Dimensions: 14.8 x 17.11
Kitchen
- Level: Main
- Area: 194.6
- Dimensions: 14 x 13.9
Living room
- Level: Main
- Area: 195
- Dimensions: 15 x 13
Heating
- Forced Air, Baseboard, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Gas Water Heater
- Laundry: Main Level
Features
- Walk-In Closet(s), Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
- Flooring: Carpet, Laminate
- Windows: Blinds, Drapes, Curtain Rods
- Basement: Michigan Basement,Crawl Space
- Has fireplace: Yes
- Fireplace features: Gas, Stove
Interior area
- Total structure area: 1,761
- Total interior livable area: 1,761 sqft
- Finished area above ground: 1,761
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Alley Access, Other, Concrete
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Exterior features: Sprinkler System, Sidewalk, Kennel, Dog Pen
- Waterfront features: None
Lot
- Size: 8,276 sqft
- Dimensions: 166 x 50
- Features: Level, Subdivided
Details
- Additional structures: None
- Parcel number: 285163803100
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Foundation: Block
- Roof: Asphalt,Membrane
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: None
Location
- Region: Traverse City
- Subdivision: Hannah Lay & Co's
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right Sell
- Price range: $454K - $454K
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Pending sale | $350,000-22.9%$199/sqft |
Source:  NGLRMLS #1945631 Report a problem | ||
| 6/8/2026 | Sold | $454,000+29.7%$258/sqft |
Source: NGLRMLS #1945631 Report a problem | ||
| 5/23/2026 | Listed for sale | $350,000$199/sqft |
Source: NGLRMLS #1945631 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,202 +7.5% | $220,700 +10.1% |
| 2024 | $2,048 +4.7% | $200,500 +18.9% |
| 2023 | $1,956 +2.1% | $168,600 +15.6% |
| 2022 | $1,916 +1% | $145,800 +6.2% |
| 2021 | $1,898 +0.3% | $137,300 +0.4% |
| 2020 | $1,892 | $136,800 +6.7% |
| 2019 | $1,892 +2.1% | $128,200 +5.8% |
| 2018 | $1,853 | $121,200 +6% |
| 2017 | -- | $114,300 +1.9% |
| 2016 | -- | $112,200 +10.5% |
| 2014 | -- | $101,500 +16% |
| 2012 | -- | $87,500 -1.4% |
| 2011 | -- | $88,700 +2.2% |
| 2010 | -- | $86,800 -6.5% |
| 2009 | -- | $92,800 -1.2% |
| 2008 | -- | $93,880 +5.3% |
| 2007 | -- | $89,180 +9% |
| 2005 | -- | $81,820 +11.1% |
| 2004 | -- | $73,640 +6.3% |
| 2003 | -- | $69,260 +7% |
| 2002 | -- | $64,720 +6.6% |
| 2001 | -- | $60,700 +0.4% |
| 2000 | -- | $60,470 |
Find assessor info on the county website
Neighborhood: Central
Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 0.1 mi
- 7/10Central High SchoolGrades: 8-12Distance: 2 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 5 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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