Off Market Jun 2025 for $359K

$372,393

Est. refi paymentEst. refi $2,417/mo

•

1,276

sq ft

1316 Terra Rd, Traverse City, MI 49686

About this home

Welcome to easy living in this inviting 2-bedroom, 2-bath ranch condo in beautiful Traverse City. The open-concept main living area is filled with natural light and features vaulted ceilings, updated flooring, a cozy fireplace, and sliding doors that lead to a private patio backing up to peaceful woods. The kitchen offers great flow for everyday living or entertaining, with a breakfast bar and open access to the dining and living areas. The spacious primary bedroom includes a private ensuite bath, while the second bedroom and full bath provide comfort for guests or family. A large laundry/mudroom and attached 2-car garage add convenience and storage. HOA fees cover exterior maintenance, trash, snow removal, and lawn careâ€”offering truly low-maintenance living close to everything Traverse City has to offer!

CondoProperty Type

1999Year Built

$292Est. Price/Sq.Ft.

2 car garageParking

Listed by Matthew Beaudry • Wentworth Real Estate Group

•231-735-3435 (broker)

•john@johnwentworthgroup.com (broker)

Bought with Jessie Deiss • REMAX Bayshore - Union St TC

•231-941-4500 (broker)

•brittany@remax-bayshore.com (broker)

Redfin checked: a minute ago

•Source:MiRealSource-MiMLS #80056461

Redfin Estimate

$372,393

$12K since sold in June 2025$8,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 5.9% higher than the average sale price ($352K) of 6 comparable homes.

SOLD JUL 24, 2026
$364,900
A
2 beds2 baths1,296 sq ft
1175 Hemingway Ln, Traverse City, MI 49686
SOLD AUG 31, 2026
$320,000
B
2 beds2 baths1,272 sq ft
2130 E Hammond Pl, Traverse City, MI 49686
SOLD AUG 25, 2025
$330,000
C
2 beds2 baths1,272 sq ft
2174 E Hammond Pl, Traverse City, MI 49686
SOLD JUN 30, 2026
$345,000
D
2 beds2 baths1,408 sq ft
1179 Hemingway Ln Lot : 49, Traverse City, MI 49686
SOLD MAY 7, 2026
$375,000
E
2 beds2 baths1,400 sq ft
1263 Terra Rd, Traverse City, MI 49686
SOLD MAY 7, 2026
$375,000
F
2 beds2 baths1,400 sq ft
1263 Terra Rd #33, Traverse City, MI 49686

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Earn from this home

Refinance

Est. cash available

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Rent

$2,457/mo

Redfin rental estimate

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Market trends in 49686, MI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

0.1% MoM

Median sale price

$437K

$37K MoM

Avg. days on market

51d

4 days MoM

Recently sold homes

140

7 MoM

New listings for sale

NEW 3 HRS AGO
$175,000
3 beds2 baths1,344 sq ft
1673 Pine Dr, Traverse City, MI 49686
(231) 559-0351
NEW 7 HRS AGO
$270,000
3 beds1 bath1,012 sq ft
803 George St, Traverse City, MI 49686
(231) 929-7900
OPEN SAT, 10AM TO 12PM
$259,000
2 beds1 bath896 sq ft
119 Fair St, Traverse City, MI 49686
(231) 941-4500
NEW 11 HRS AGO
$184,000
1 bed1 bath444 sq ft
619 E Eighth St, Traverse City, MI 49686
(231) 941-4500
OPEN SAT, 12PM TO 1:30PM
$500,000
3 beds4 baths2,391 sq ft
1511 Kent St, Garfield Charter Township, MI 49633
(231) 941-4500
NEW 14 HRS AGO
$355,000
2 beds2 baths1,296 sq ft
1052 Hemingway Ln, Traverse City, MI 49686
(231) 264-6604
NEW 17 HRS AGO
$279,800
2 beds1 bath720 sq ft
885 Parsons Rd, Traverse City, MI 49686
(231) 947-7777
OPEN SAT, 11AM TO 1PM
$475,000
4 beds2 baths2,595 sq ft
873 Indian Trail Blvd, Traverse City, MI 49686
(231) 421-1970
OPEN SAT, 9:30AM TO 11AM
$699,999
3 beds2 baths1,632 sq ft
887 Washington St, Traverse City, MI 49686
(231) 922-2350
$275,000
2 beds2.5 baths1,280 sq ft
3919 Sherwood Forest Dr, Traverse City, MI 49686
(248) 963-0505
See all

Provided by Redfin

Sale history for 1316 Terra Rd

Date

Event

Price

REALCOMP #78080056461

Jun 10, 2025

Sold

$359,900

$282/sq ft

May 5, 2025

Contingent

—

May 1, 2025

Listed

$359,900

$282/sq ft

Welcome to easy living in this inviting 2-bedroom, 2-bath ranch condo in beautiful Traverse City. The open-concept main living area is filled with natural light and features vaulted ceilings, updated flooring, a cozy fireplace, and sliding doors that lead to a private patio backing up to peaceful woods. The kitchen offers great flow for everyday living or entertaining, with a breakfast bar and open access to the dining and living areas. The spacious primary bedroom includes a private ensuite bath, while the second bedroom and full bath provide comfort for guests or family. A large laundry/mudroom and attached 2-car garage add convenience and storage. HOA fees cover exterior maintenance, trash, snow removal, and lawn care-offering truly low-maintenance living close to everything Traverse City has to offer!

Greater Lansing AoR #80056461

Jun 10, 2025

Sold

$359,900

$282/sq ft

Jun 10, 2025

Sold

$359,900

$282/sq ft

May 5, 2025

Contingent

—

May 1, 2025

Listed

$359,900

$282/sq ft

May 1, 2025

Listed

$359,900

$282/sq ft

Public Records

Apr 21, 1999

Sold

$141,900

$111/sq ft

Tax history for 1316 Terra Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

1,276

Year built

1999

Style

Condo/Co-op

County

Grand Traverse County

APN

05-079-008-00

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 3, 2026.

R-3

Multiple Family Residential District

The R-3 Multiple Family Residential districts provide areas for medium to high density one and two family residential dwelling units mixed with a variety of multiple family residential dwelling types, including apartments and group housing, where adequate public facilities and services exist with capacity to serve such development. The districts are composed mainly of areas containing an existing mix of these dwelling types as well as areas within which such development appears likely and desirable. They are intended to encourage more intensive development in and near the core areas of the township. The R-3 districts are designed to encourage a suitable neighborhood environment for family life by including among the permitted uses such facilities as schools, places of worship and parks that will promote a sense of community, urban vitality and the efficient provision of infrastructure. R-3 district regulations are designed to allow for market and design flexibility while preserving the neighborhood character and permitting applicants to cluster development to preserve environmentally sensitive and natural land areas.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Fire house
Police station
Cemetery
Park & open space

Property details

Parking

Parking/Garage Information
Has Garage
# of Parking Spaces in Garage: 2
Garage Type: Attached Garage
Parking: Garage

Interior

Virtual Tour

Interior Features
Has Fireplace
Interior Features: Cathedral/Vaulted Ceiling
Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Has Fireplace

Bedroom Information
First Floor Bedroom
Bedroom 1 Level: Main
Bedroom 1 Dimensions: 14 x 19
Bedroom 2 Dimensions: 14 x 11

Bathroom Information
# of Bathrooms (Main): 2
Has Primary Bath
# of Bathrooms (Full): 2
# of Baths/Lavatories (Total): 2

Dining/Kitchen Information
Kitchen Level: Main
Kitchen Dimension: 15 x 10
Dining Room Level: Main
Dining Room Dimension: 15 x 9

Library/Den/Living Room Information
Living Room Level: Main
Living Room Dimensions: 15 x 15

Laundry/Basement Information
Laundry Room Level: Main
Laundry Room Dimensions: 10 x 14

Exterior

Exterior Features
Exterior Construction: Vinyl Siding
Exterior Features: Patio, Porch
Foundation Type: Slab

Property Features
Water Features: None

Property Information
Property Type: Condominium
Structure Style: 1 Story
Year Built: 1999
Below Grade Sq. Ft.: 0
Below Grade Sq. Ft. (Finished): 0

Lot Information
SITE/LOT FEATURES: Wooded
Zoning: Residential

Financial

Tax/Assessments Information
Summer Tax Year: 2024
Summer Tax Amount: $1,650
Winter Tax Year: 2024
Winter Tax Amount: $793

Utilities

Utility Information
Heat/Fuel Type: Natural Gas
Water: Public Water
Cooling System: Central A/C
Heating System: Forced Air
Sewer Septic: Community

Location

Unit 5 Information
Living Room Dimensions:

Homeowners Association Information
Association Fee Includes: Lawn Maintenance, Snow Removal, Trash Removal, Exterior Maintenance
Association/Community Amenities: Grounds Maintenance
Fee Amount: $395
Fee Schedule: Monthly

School Information
School District: Traverse City Area Public School
School District: Traverse City Area Public School

Address Information
Street Designation: Road

Location Details
Directions: From W South Airport Rd & LaFranier Rd: S on LaFranier Rd, E on Terra Rd
Municipality: Garfield Twp
Mail City: Traverse City
Subdivision: Chestnut Hills
Municipality: Garfield Twp
Area (Municipality): Garfield Twp (28005)

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,276
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1999
Year Renovated: —
County: Grand Traverse County
APN: 05-079-008-00

Home facts updated by county records on Sep 3, 2026

Other

Listing Information
Originating MLS: Aspire North REALTORS

Around this home

Schools

Traverse Heights Elementary School

Public PreK-5 • Assigned • 1.6mi

5/10

East Middle School

Public 6-8 • Assigned • 2.4mi

7/10

Central High School

Public 8-12 • Assigned • 2.9mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 94° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Traverse City, MI • 49686

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

9.5 hrs

2.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$354,000 – $429,000

Sell confidently with a local market expert in Traverse City. 3 minutes to get started.

Nearby similar homes

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2035 N US-31 N #2404, Traverse City, MI 49686

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2035 N Us-31 N, East Bay Twp, MI 49686

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2035 N US-31 N #2306, Traverse City, MI 49686

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New listings for sale in 49686

NEW 3 HRS AGO

$175,000

3 beds2 baths1,344 sq ft

1673 Pine Dr, Traverse City, MI 49686

(231) 559-0351

NEW 7 HRS AGO

$270,000

3 beds1 bath1,012 sq ft

803 George St, Traverse City, MI 49686

(231) 929-7900

OPEN SAT, 10AM TO 12PM

$259,000

2 beds1 bath896 sq ft

119 Fair St, Traverse City, MI 49686

(231) 941-4500

NEW 11 HRS AGOVIDEO TOUR

$184,000

1 bed1 bath444 sq ft

619 E Eighth St, Traverse City, MI 49686

(231) 941-4500

OPEN SAT, 12PM TO 1:30PM

$500,000

3 beds4 baths2,391 sq ft

1511 Kent St, Garfield Charter Township, MI 49633

(231) 941-4500

NEW 14 HRS AGO

$355,000

2 beds2 baths1,296 sq ft

1052 Hemingway Ln, Traverse City, MI 49686

(231) 264-6604

NEW 17 HRS AGOVIDEO TOUR

$279,800

2 beds1 bath720 sq ft

885 Parsons Rd, Traverse City, MI 49686

(231) 947-7777

OPEN SAT, 11AM TO 1PM3D WALKTHROUGH

$475,000

4 beds2 baths2,595 sq ft

873 Indian Trail Blvd, Traverse City, MI 49686

(231) 421-1970

OPEN SAT, 9:30AM TO 11AM

$699,999

3 beds2 baths1,632 sq ft

887 Washington St, Traverse City, MI 49686

(231) 922-2350

Home values near 1316 Terra Rd

Data from public records.

Address	Redfin Estimate
1328 Terra Rd, Traverse City, MI 2 Beds \| 2 Baths \| 1396 Sq. Ft.	$338,390
1306 Terra Rd, Traverse City, MI 2 Beds \| 2 Baths \| 1396 Sq. Ft.	$396,157

Address	Redfin Estimate
1323 Terra Rd, Traverse City, MI 2 Beds \| 2.5 Baths \| 1400 Sq. Ft.	$397,708
1315 Terra Rd, Traverse City, MI 2 Beds \| - Baths \| 1450 Sq. Ft.	$425,661

Address	Redfin Estimate
1304 Terra Rd, Traverse City, MI 2 Beds \| 2 Baths \| 1610 Sq. Ft.	$412,142
1301 Terra Rd, Traverse City, MI 2 Beds \| 2 Baths \| 1396 Sq. Ft.	$377,076

Property information provided by MiRealSource-MiMLS when last listed in 2025. This data may not match . Learn more.

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