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For sale
  • $1,395,000

    423 5th St, Traverse City, MI 49684

    5beds
    3,304sqft
    : 
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    Single Family Residence
    Built in 1900
    8,276 Square Feet Lot
    $1,311,700 Zestimate®
    $422/sqft
    $-- HOA

    What's special

    Five-bedroom three-bath residenceOriginal wood floors
    EXPERIENCE THE BEST OF DOWNTOWN TRAVERSE CITY LIVING in this beautifully updated home on Fifth Street where historic charm meets modern luxury. This five-bedroom, three-bath residence offers 3,304 square feet of thoughtfully designed space, ideal for those seeking a move-in ready home within walking distance of West Bay, Front Street and the Farmers Markets as well as award-winning restaurants, beaches, trails and cultural events. Inside you'll find light filled living and dining spaces, original wood floors and elegant finishes that reflect timeless style. The kitchen area is large and open offering plenty of space for daily living and entertaining. The primary suite offers a peaceful retreat while the additional bedrooms provide flexibility for guests, a home office or creative space. Outside, the private backyard and patio create a thoughtful oasis in the heart of downtown. If you've been searching for a perfect spot in Traverse City that offers location, lifestyle and luxury, this is the one!
    42 days
    |
    727
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Costanza Cell:727-452-2572,

    Traverse Real Estate 231-590-5091

    Source: NGLRMLS,MLS#: 1945569MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Rooms
      • Room types: Dining Room
      Primary bedroom
      • Level: Main
      • Area: 140.4
      • Dimensions: 13 x 10.8
      Bedroom 2
      • Level: Upper
      • Area: 175.45
      • Dimensions: 14.5 x 12.1
      Bedroom 3
      • Level: Upper
      • Area: 208
      • Dimensions: 16 x 13
      Bedroom 4
      • Level: Upper
      • Area: 139.36
      • Dimensions: 13.4 x 10.4
      Primary bathroom
      • Features: Private
      Dining room
      • Level: Main
      • Area: 154.96
      • Dimensions: 14.9 x 10.4
      Family room
      • Level: Main
      • Area: 230.4
      • Dimensions: 16 x 14.4
      Kitchen
      • Level: Main
      • Area: 144.43
      • Dimensions: 14.3 x 10.1
      Living room
      • Level: Main
      • Area: 445.2
      • Dimensions: 28 x 15.9
      Heating
      • Forced Air, Natural Gas, Fireplace(s)
      Appliances
      • Included: Refrigerator, Disposal, Microwave, Washer, Dryer, Oven, Cooktop, Exhaust Fan, Gas Water Heater
      • Laundry: Upper Level
      Features
      • Bookcases, Entrance Foyer, Walk-In Closet(s), Pantry, Breakfast Nook, Granite Bath Tops, Granite Counters, Mud Room, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
      • Flooring: Wood, Carpet
      • Windows: Blinds, Curtain Rods
      • Basement: Michigan Basement
      • Has fireplace: Yes
      • Fireplace features: Gas
      Interior area
      • Total structure area: 3,304
      • Total interior livable area: 3,304 sqft
      • Finished area above ground: 3,304
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached, Garage Door Opener, Alley Access, Paved, Concrete Floors, Concrete, Private
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: 2+ Story
      • Stories: 2
      • Patio & porch: Patio
      • Exterior features: Sprinkler System, Rain Gutters
      • Waterfront features: None
      Lot
      • Size: 8,276 Square Feet
      • Dimensions: 50 x 165
      • Features: Level, Landscaped, Subdivided
      Details
      • Additional structures: None
      • Parcel number: 285163800600
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Victorian
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: None
      • Security: Smoke Detector(s)
      • Subdivision: Hannah Lay & Co's 6th Addition
      HOA
      • Services included: None
      Location
      • Region: Traverse City

      Financial & listing details

      • Price per square foot: $422/sqft
      • Tax assessed value: $244,517
      • Annual tax amount: $8,654
      • Price range: $1.4M - $1.4M
      • Date on market: 5/22/2026
      • Cumulative days on market: 43 days
      • Listing agreement: Exclusive Right Sell
      • Listing terms: Conventional,Cash
      • Ownership type: Private Owner
      • Road surface type: Asphalt

        Estimated market value

        $1,311,700

        $1.25M - $1.38M

        $4,377/mo

        Price history

        DateEventPrice
        5/22/2026Listed for sale$1,395,000$422/sqft
        Source: NGLRMLS #1945569 Report a problem
        2/25/2026Listing removed$1,395,000$422/sqft
        Source: NGLRMLS #1940212 Report a problem
        11/4/2025Listed for sale$1,395,000+123.2%$422/sqft
        Source: NGLRMLS #1940212 Report a problem
        9/13/2024Listing removed$4,400$1/sqft
        Source: Zillow Rentals Report a problem
        7/28/2024Listed for rent$4,400-10.2%$1/sqft
        Source: Zillow Rentals Report a problem
        7/13/2024Listing removed--
        Source: Zillow Rentals Report a problem
        5/27/2024Listed for rent$4,900$1/sqft
        Source: Zillow Rentals Report a problem
        7/26/2023Listing removed--
        Source: Zillow Rentals Report a problem
        7/8/2023Listed for rent$4,900$1/sqft
        Source: Zillow Rentals Report a problem
        9/28/2015Listing removed$624,900$189/sqft
        Source: Real Estate One-randolph #1802264 Report a problem
        9/25/2015Listed for sale$624,900$189/sqft
        Source: REAL ESTATE ONE-RANDOLPH #1802264 Report a problem
        9/25/2015Pending sale$624,900$189/sqft
        Source: REAL ESTATE ONE-RANDOLPH #1802264 Report a problem
        9/1/2015Price change$624,900-2.2%$189/sqft
        Source: Real Estate One-randolph #1802264 Report a problem
        6/27/2015Price change$639,000-6.6%$193/sqft
        Source: Real Estate One-randolph #1802264 Report a problem
        6/25/2015Listed for sale$683,800+7%$207/sqft
        Source: Traverse North Realty #1784447 Report a problem
        11/20/2014Listing removed$638,800$193/sqft
        Source: Traverse North Realty #1784447 Report a problem
        5/20/2014Listed for sale$638,800+69.2%$193/sqft
        Source: Traverse North Realty #1784447 Report a problem
        7/9/2003Sold$377,500$114/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,654 +7.5%$380,400 +9.3%
        2024$8,048 +4.7%$348,100 +7.9%
        2023$7,686 +2.1%$322,600 +10.7%
        2022$7,530 +1%$291,300 +7.2%
        2021$7,459 +0.3%$271,800 +10.8%
        2020$7,433 $245,400 +4.8%
        2019$7,433 +2.1%$234,200 +9%
        2018$7,280 $214,800 +0.9%
        2017-- $212,900 +13.4%
        2016-- $187,800
        2014-- $187,800 +5.1%
        2012-- $178,700 -2.9%
        2011-- $184,100 -12.5%
        2010-- $210,400 +5.2%
        2009-- $200,000 +8.2%
        2008-- $184,810 +12.4%
        2007-- $164,450 +10.7%
        2005-- $148,510 +10.1%
        2004-- $134,900 +22.9%
        2003-- $109,760 +4.3%
        2002-- $105,210 +4.7%
        2001-- $100,520 +3.7%
        2000-- $96,890

        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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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        Climate risks

        Neighborhood: Central

        Getting around

        90 / 100
        Very Walkable
        92 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        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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