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Off market
  • $488,600

    4425 Cherry Ln, Traverse City, MI 49684

    3beds
    2,300sqft
    SingleFamily
    Built in 1975
    1 Acres Lot
    $488,600 Zestimate®
    $212/sqft
    $3,467 Estimated rent

    Home value

    $488,600

    $445,000 - $537,000

    $3,467/mo

    Zestimate® history
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    $2,931/mo

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    What's special

    Check out this fantastic home on a spectacular 1.21-acre double corner lot in eminently desirable Foxcraft Estates. Mere minutes from downtown Traverse City, this heavily-forested property boasts an attached two-car garage, two deck areas in the fenced-in back yard, and a spacious outbuilding with electricity. This 3-bedroom (with a potential non-conforming 4th bedroom off the finished basement), 3-bathroom home is exceedingly spacious, with a natural brick fireplace in the large living room, a bar area and dining room off the kitchen, three main floor bedrooms, and a tiled separate mud room. The potential master suite also features serious closet space, along with a three-quarters master bath and separate makeup vanity. Downstairs, the finished basement includes a split wet bar and ample cupboards and bar storage. There is another three-quarters bath on the lower level, the fourth non-conforming bedroom (currently used as general storage space), and a combination laundry/mechanical room. This home will never run out of hot water with the tankless infinity water heater. This home is brimming with potential, and a new owner could either update to taste or embrace some of the more retro elements. The asking price reflects an opportunity to significantly compound an investment in a popular, well-manicured and family-friendly subdivision that is located just 2.5 miles from downtown Traverse City, 0.6 miles from TC West Middle School, 1.1 miles from TC West High School, and 1.4 miles from Munson Medical Center. Call 231-632-4694 or 231-632-5047 for more info or to set up a showing. *Buyer is responsible for buyer’s realtor commissions, as well as title and closing costs unless otherwise negotiated.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    Heating
    • Forced air, Electric, Gas, Wood / Pellet
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Carpet, Hardwood, Laminate
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,300 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other, Vinyl
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 0512108000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1975

    Community & neighborhood

    Location
    • Region: Traverse City

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    9/13/2018Sold$245,900-1.6%$107/sqft
    Source: NGLRMLS #1852740 Report a problem
    8/1/2018Pending sale$249,900$109/sqft
    Source: Owner Report a problem
    7/19/2018Listed for sale$249,900+41.2%$109/sqft
    Source: Owner Report a problem
    9/6/2017Listing removed$1,400$1/sqft
    Source: Northland Property Management LLC Report a problem
    8/15/2017Listed for rent$1,400$1/sqft
    Source: Northland Property Management LLC Report a problem
    11/3/2004Sold$177,000$77/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,255 +5.1%$213,700 -12.7%
    2024$3,097 +4.2%$244,700 +51.1%
    2023$2,972 +3%$161,900 +7.1%
    2022$2,887 +0.6%$151,200 +30.3%
    2021$2,869 $116,000 +10.7%
    2020-- $104,800 +1.5%
    2019-- $103,300 +1.1%
    2018-- $102,200 +1.6%
    2017-- $100,600 +2%
    2016-- $98,600 +5.8%
    2014-- $93,200 -2.8%
    2012-- $95,850 +3.1%
    2011-- $93,000 -6.3%
    2010-- $99,200 -2.5%
    2009-- $101,700 -1%
    2008-- $102,760 +5.3%
    2007-- $97,590 +11.2%
    2005-- $87,800 -7%
    2004-- $94,430 +20.5%
    2003-- $78,350 +1.5%
    2002-- $77,200 +5.1%
    2001-- $73,470 +10.1%
    2000-- $66,740

    Find assessor info on the county website

    Neighborhood: 49684

    Nearby schools

    GreatSchools rating
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    $488,600
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    With Zillow Showcase(estimated)
    $498,372