This home's estimate is 18.2% higher than the average sale price ($265K) of 5 comparable homes.
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- Property details
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116 Mathison Road Rd, Traverse City, MI 49686
About this home
Great location at base of Old Mission Peninsula. . 2 BRs/2 baths with finished basement. In need of some cosmetic updates - but a great price. Fireplace, central air, main floor bedrooms and abundant sunshine pouring in. Close to all TC amenities. One car garage with ample storage space. Nice setting, facing south and west for afternoon sun. Pets allowed.

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Market trends in 49686, MI
Last updated July 2026
Buyer's Market
Seller's Market
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Provided by Redfin
Sale history for 116 Mathison Road Rd
$137/sq ft
$133/sq ft
$85/sq ft
$66/sq ft
Tax history for 116 Mathison Road Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- Has Attached Garage
- # of Garage Spaces: 1
- Parking Features: Attached, Garage, Garage Door Opener
Interior
- Bathroom Information
- # of Full Bathrooms: 1
- Heating & Cooling
- Has Cooling
- Cooling: Central Air
- Has Heating
- Heating: Forced Air, Natural Gas
- Interior Features
- Appliances: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Range, Washer
- Has Fireplace
- Room Information
- # of Rooms Total: 8
- Has Basement
- Basement Details: Block, Full, Partially Finished
Exterior
- Exterior Features
- Patio And Porch Features: Patio
- Building Information
- Above Grade Finished Area: 800
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area: 700
- Levels: One
- Construction Materials: Brick, Vinyl Siding
- Foundation Details: Block, Brick/Mortar
- Property Information
- Property Type: Residential
- Property Sub Type: Condominium
- Raw Mls Property Sub Type: Condominium
- Lot Information
- Zoning Description: Residential
Financial
- Tax Information
- Tax Annual Amount: $2,775
Utilities
- Utility Information
- Water Source: Public
- Sewer: Shared Septic
Location
- HOA Information
- Has Homeowners Association
- Association Amenities: Maintenance Grounds
- Association Fee: $270
- Association Fee Frequency: Monthly
- Derived Association Fee (Monthly): $270
- Association Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Water
- Schools Information
- High School District: TraverseCity
- Location Information
- Subdivision Name: CHERRYWOOD COMMONS
Public facts
- Beds: —
- Baths: 1.0
- Sq. Ft.: —
- Stories: 1.0
- Lot Size: —
- Style: Condo/Co-op
- Year Built: —
- Year Renovated: —
- County: Grand Traverse County
- APN: 11-451-005-00
Around this home
Schools
Public PreK-5 • Assigned • 1.5mi
Public 8-12 • Assigned • 1.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 95° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 9.5 hours in June and 2.3 hours in December, placing it below the U.S. average for solar exposure.
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Nearby similar homes
New listings for sale in 49686
Home values near 116 Mathison Road Rd
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1251 Sq. Ft. | $307,348 |
2 Beds | 1 Baths | 1440 Sq. Ft. | $348,905 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 806 Sq. Ft. | $297,298 |
2 Beds | 1 Baths | 1064 Sq. Ft. | $343,287 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 850 Sq. Ft. | $283,996 |
2 Beds | 1 Baths | 800 Sq. Ft. | $270,813 |
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