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$865,000

Beds
4
Baths
2.5
sq ft
2,620

124 N Madison St, Traverse City, MI 49684

124 N Madison St

Traverse City, MI 49684

  • 34 days on market
    • Price drop $10,000↓
This meticulously maintained, beautifully landscaped, 2906 square foot Slabtown colonial will sweep you off your feet. As you enter through the front door, you'll notice the easy flow to the spacious living room, featuring a gas fireplace and French doors. In the formal dining room, you'll find a birds-eye maple floor, a very rare wood. The well-designed kitchen includes an island and opens up to a family room for easy entertaining. Conveniently adjoining the kitchen are a laundry room, walk-in pantry, and powder room. The airy sunroom, with its high windows and cathedral ceiling, will become a favorite room during all seasons for reading, exercise, or even as an office. Its large east facing windows, overlook the lush, secluded, backyard landscape, brick patio, and beautifully tended flower gardens. Upstairs, you'll find newly refinished maple wood floors throughout. The spacious primary bedroom includes an ensuite, complete with a newly tiled shower, walk in closet and balcony that can serve as a reading nook or small office. There are three additional bedrooms and a full bathroom with a new vanity. The deep, two-car garage offers plenty of extra storage space. With a great Slabtown location-in easy walking distance to downtown Traverse City, beaches, parks, a bike trail, Munson Medical Center, and Willow Hill Elementary-you'll be delighted that you selected 124 N. Madison Street as your new home.

Details

Property type

Single Family Residence

Est. home value

$791,777

Lot size

9,583 sq ft

Price per sq ft

$331

Year built

1959

Price History

06/30/2024
Realcomp

Realcomp #78080046532

Price change
$865,000
-1.14%
06/21/2024
Realcomp

Realcomp #78080046532

Price change
$875,000
-1.63%
06/14/2024
Realcomp

Realcomp #78080046532

Price change
$889,500
-1.11%

Schools & Community

Neighborhood: 

Slab Town

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Traverse City

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Northwestern Bank

Loan start date

January 2014

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

4.42%

Loan type

Future Advance Clause / Open End Mortgage

Seller

Anne Stanton Declaration Of Trust

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/04/2024 at 11:45 PM

Listing updated: 07/03/2024 at 7:13 AM

Listed by: Luba Melnyczuk-Childs, Phone #: (231) 929-7900

MLS: Realcomp #78080046532

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