A rare offering in the Central Neighborhood, 507 Fifth Street combines period character with the confidence of a full, down-to-the-studs renovation completed in 2021. Set on a tree-lined block in one of Traverse City’s most walkable and architecturally rich areas, this 4-bedroom, 2.5-bath Modern Victorian delivers historic charm alongside modern amenities. Originally configured as a duplex, the home was thoughtfully restructured to restore true single-family flow, including a main-floor primary suite and a vaulted, open kitchen and living area filled with natural light and a gas fireplace. Original wide-plank pine floors were restored, historic millwork and hardware preserved, and high-end finishes selected throughout, including designer light fixtures, marble counter tops, Fisher & Paykel appliances, and custom built-ins. The exterior has also been fully reimagined with redesigned hardscape and landscaping, featuring a herringbone paver patio, cedar fencing, copper gutters, mature arborvitae plantings for privacy, and built-in gas lines supplying an outdoor fireplace and grill area. A recently replaced roof enhances both curb appeal and durability, offering added value for years to come. Significant investment has also been made in the home’s long-term health and reliability. Updates include modern mechanical systems such as a new furnace, A/C, whole-house water filtration with reverse osmosis, and a proactive maintenance approach with regularly cleaned HVAC vents and routine sewer lateral servicing. With flexible living areas, including a bonus playroom, and a location just blocks from downtown, West End Beach, local schools, parks, and the Boardman Lake Trail, 507 Fifth Street offers a rare opportunity to own a truly turn-key home in one of Traverse City’s most established neighborhoods.
Sold for $1,200,000
$1,200,000
507 5th St, Traverse City, MI 49684
4beds
2,177sqft
Single Family Residence
Built in 1896
8,276.4 Square Feet Lot
$1,218,300 Zestimate®
$551/sqft
$3,560 Estimated rent
Home value
$1,218,300
$1.10M - $1.35M
$3,560/mo
Zestimate® history
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List your homeWhat's special
Gas fireplacePeriod characterCustom built-insRedesigned hardscape and landscapingHerringbone paver patioCopper guttersMarble counter tops
Zillow last checked:
Listing updated:
Listed by:
Robert Brick 231-941-4500,
REMAX Bayshore - Union St TC 231-941-4500
Bought with:
Kyle Jean, 6501402871
EXIT Northern Shores-TC
Source: NGLRMLS,MLS#: 1941795
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 159.25
- Dimensions: 16.33 x 9.75
Bedroom 2
- Level: Upper
- Area: 163.42
- Dimensions: 13.25 x 12.33
Bedroom 3
- Level: Upper
- Area: 129.39
- Dimensions: 11.42 x 11.33
Bedroom 4
- Level: Upper
- Area: 140.23
- Dimensions: 13.25 x 10.58
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 226.35
- Dimensions: 17.08 x 13.25
Family room
- Level: Main
- Area: 168
- Dimensions: 14 x 12
Kitchen
- Level: Main
- Area: 163
- Dimensions: 13.58 x 12
Living room
- Level: Main
- Area: 172.5
- Dimensions: 15 x 11.5
Heating
- Forced Air, Natural Gas, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Freezer, Exhaust Fan, Gas Water Heater
- Laundry: Main Level
Features
- Cathedral Ceiling(s), Bookcases, Pantry, Granite Counters, Kitchen Island, Den/Study, High Speed Internet, WiFi
- Flooring: Wood
- Basement: Michigan Basement,Crawl Space,Unfinished
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 2,177
- Total interior livable area: 2,177 sqft
- Finished area above ground: 2,177
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Alley Access
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio, Covered
- Waterfront features: None
Lot
- Size: 8,276 sqft
- Dimensions: 165 x 50
- Features: Other, Landscaped, Metes and Bounds
Details
- Additional structures: None
- Parcel number: 285163811900
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1896
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: None
Location
- Region: Traverse City
- Subdivision: None
HOA & financial
HOA
- Services included: None
Other
Other facts
- Listing agreement: Exclusive Right Sell
- Price range: $1.2M - $1.2M
- Listing terms: Conventional,Cash,Other
- Ownership type: Private Owner
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Sold | $1,200,000$551/sqft |
Source:  NGLRMLS #1941795 Report a problem | ||
| 1/21/2026 | Listed for sale | $1,200,000+198.1%$551/sqft |
Source: NGLRMLS #1941795 Report a problem | ||
| 8/21/2020 | Sold | $402,550+3.2%$185/sqft |
Source: Agent Provided Report a problem | ||
| 7/20/2020 | Listed for sale | $389,900$179/sqft |
Source: Coldwell Banker Schmidt-522 #1877510 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,056 +7.5% | $402,400 +9.3% |
| 2024 | $12,142 +4.7% | $368,200 +5.8% |
| 2023 | $11,595 +7.4% | $348,000 +10.1% |
| 2022 | $10,797 +40.9% | $316,000 +61.6% |
| 2021 | $7,664 +100.4% | $195,500 +2.5% |
| 2020 | $3,824 | $190,700 +4.2% |
| 2019 | $3,824 +2.1% | $183,000 +1.9% |
| 2018 | $3,744 | $179,500 +3.3% |
| 2017 | -- | $173,800 +4.6% |
| 2016 | -- | $166,200 -1.6% |
| 2014 | -- | $168,900 +22.5% |
| 2012 | -- | $137,900 -2.8% |
| 2011 | -- | $141,800 -5.7% |
| 2010 | -- | $150,400 -1.2% |
| 2009 | -- | $152,300 +7.4% |
| 2008 | -- | $141,770 +11.5% |
| 2007 | -- | $127,130 +10.2% |
| 2005 | -- | $115,400 +13.4% |
| 2004 | -- | $101,790 +3.3% |
| 2003 | -- | $98,560 +3.8% |
| 2002 | -- | $94,960 +4.6% |
| 2001 | -- | $90,750 +18% |
| 2000 | -- | $76,910 |
Find assessor info on the county website
Neighborhood: Central
Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 0.3 mi
- 7/10Central High SchoolGrades: 8-12Distance: 2.1 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 5.3 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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