Located in the highly sought-after Historic District of downtown Traverse City on iconic 5th Street, this extensively renovated 3/4 bedroom, 4.5 bath residence—including a substantial addition—beautifully combines historic charm with upscale modern finishes and is offered below recent appraisal. Thoughtfully redesigned from the studs out, improvements include all new electrical, plumbing, HVAC, and air conditioning systems, along with expansive new Andersen windows. A desirable main-floor primary suite offers comfort and convenience, while the upper level includes two additional bedrooms, one serving as a private en suite ideal for guests. Covered front and rear porches add warmth and character throughout the home. The lower level offers a separate exterior entrance with potential for a second kitchen area and a legal studio apartment for rentals of 30 days or longer. Completing the property is a striking luxury metal roof. Seller is a licensed real estate agent in the State of Michigan.
For sale
Price cut: $100K (6/29)
$995,000
525 5th St, Traverse City, MI 49684
3beds
3,047sqft
Single Family Residence
Built in 1894
7,405 Square Feet Lot
$949,500 Zestimate®
$327/sqft
$-- HOA
What's special
Striking luxury metal roofExpansive new andersen windows
- 41 days |
- 2,103 |
- 77 |
Zillow last checked:
Listing updated:
Listed by:
Jules Yates 231-642-9888,
@properties Christie's Int'l 231-642-2363,
Autumn Haag 231-632-7278,
@properties Christie's Int'l
Source: NGLRMLS,MLS#: 1945694
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Bedroom 2
- Level: Upper
- Area: 244.8
- Dimensions: 18 x 13.6
Bedroom 3
- Level: Upper
- Area: 143
- Dimensions: 13 x 11
Bedroom 4
- Level: Lower
- Area: 484
- Dimensions: 22 x 22
Primary bathroom
- Features: Private
Dining room
- Level: Main
- Area: 132
- Dimensions: 12 x 11
Kitchen
- Level: Main
- Area: 306
- Dimensions: 17 x 18
Living room
- Level: Main
- Area: 456
- Dimensions: 19 x 24
Heating
- Forced Air, Fireplace(s)
Cooling
- Ductless, Electric
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Exhaust Fan, Instant Hot Water
- Laundry: Main Level
Features
- Granite Bath Tops, Granite Counters, Kitchen Island, Mud Room, Drywall, Ceiling Fan(s), Cable TV, High Speed Internet
- Flooring: Tile
- Windows: Blinds
- Basement: Partial,Exterior Entry
- Has fireplace: Yes
- Fireplace features: Gas, Insert
Interior area
- Total structure area: 3,047
- Total interior livable area: 3,047 sqft
- Finished area above ground: 2,310
- Finished area below ground: 737
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Detached, Alley Access, Concrete Floors, Concrete
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Covered
- Exterior features: Sidewalk
- Waterfront features: None
Lot
- Size: 7,405 Square Feet
- Dimensions: 49 x 165
- Features: Level, Subdivided
Details
- Additional structures: None
- Parcel number: 285163811400
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Metal
Condition
- New construction: No
- Year built: 1894
- Major remodel year: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Subdivision: Hannah Lay' Co's 6th Add.
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $327/sqft
- Tax assessed value: $231,817
- Annual tax amount: $11,785
- Price range: $995K - $995K
- Date on market: 5/26/2026
- Cumulative days on market: 42 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,FHA,VA Loan
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
$949,500
$902,000 - $997,000
$5,191/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Price change | $995,000-9.1%$327/sqft |
Source:  NGLRMLS #1945694 Report a problem | ||
| 6/23/2026 | Price change | $1,095,000-4.4%$359/sqft |
Source: NGLRMLS #1945694 Report a problem | ||
| 6/1/2026 | Price change | $1,145,000-8%$376/sqft |
Source: NGLRMLS #1945694 Report a problem | ||
| 5/26/2026 | Listed for sale | $1,245,000+4.2%$409/sqft |
Source: NGLRMLS #1945694 Report a problem | ||
| 5/26/2026 | Listing removed | $1,195,000$392/sqft |
Source: NGLRMLS #1943483 Report a problem | ||
| 4/27/2026 | Price change | $1,195,000-7.7%$392/sqft |
Source: NGLRMLS #1943483 Report a problem | ||
| 4/6/2026 | Listed for sale | $1,295,000+227.8%$425/sqft |
Source: NGLRMLS #1943483 Report a problem | ||
| 5/8/2023 | Sold | $395,000-7.1%$130/sqft |
Source: NGLRMLS #1910105 Report a problem | ||
| 4/20/2023 | Listed for sale | $425,000$139/sqft |
Source: NGLRMLS #1910105 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,785 +338.9% | $245,800 +15.9% |
| 2024 | $2,685 +4.7% | $212,100 +31.7% |
| 2023 | $2,564 +2.1% | $161,100 +7.2% |
| 2022 | $2,512 +1% | $150,300 +4.2% |
| 2021 | $2,488 +0.3% | $144,200 +4.8% |
| 2020 | $2,480 | $137,600 +3.8% |
| 2019 | $2,480 +2.1% | $132,500 +1.2% |
| 2018 | $2,429 | $130,900 +2.3% |
| 2017 | -- | $127,900 +1.6% |
| 2016 | -- | $125,900 +6.8% |
| 2014 | -- | $117,900 +24.2% |
| 2012 | -- | $94,900 -2.1% |
| 2011 | -- | $96,900 +10% |
| 2010 | -- | $88,100 -1.1% |
| 2009 | -- | $89,100 -1.2% |
| 2008 | -- | $90,170 +8.9% |
| 2007 | -- | $82,800 +6.3% |
| 2005 | -- | $77,880 +12.4% |
| 2004 | -- | $69,280 +1.5% |
| 2003 | -- | $68,260 +0.5% |
| 2002 | -- | $67,900 +4.4% |
| 2001 | -- | $65,040 +3.7% |
| 2000 | -- | $62,740 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 0.3 mi
- 7/10Central High SchoolGrades: 8-12Distance: 2.2 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.
A local agent can set up tours, give advice and negotiate with sellers.
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