$5,332 Closing Credit¹
#1932263, Cindy Anderson, Listing Office: Lake Homes Realty, LLC
$318,900 List price
1080 Oak Terrace Dr Traverse City, MI 49686
$3,787
Closing credit¹
3 beds
2 full
1,340 sqft
0.3 acres
$238 / sqft
House
Property details
About 1080 Oak Terrace Dr
Back on the market, and ready for you! This delightful 3-bedroom, 2-bathroom home offers the perfect blend of comfort and convenience. The spacious kitchen features elegant granite countertops and flows seamlessly into the generously sized dining room, complete with beamed ceilings. Towards the back of the home is the custom built-in library for your favorite book lovers. Situated on a .25-acre lot, the property boasts a partially fenced backyard and a concrete patio, ideal for outdoor entertaining. Located within walking distance of shopping and dining, this home also comes with several impressive updates: roof replaced in 2022, well replaced in 2021, and a new furnace in 2018. New washer and dryer in 2024, too! Freshly painted interiors and ready for a new owner. Don’t miss the chance to make this updated and inviting home yours—schedule a showing today!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
(Active U/C Taking Backups)
(Active U/C Taking Backups)
Size1,340 sqft
Lot size0.27 Acres
Year built1950
ParkingGravel, None
MLS #1929362
Summary
- Full Bathrooms: 2
- Appliances: Refrigerator, Oven/Range, Washer, Dryer, Security System, Gas Water Heater
- Interior: Built-In Bookcase, Foyer Entrance, Granite Kitchen Tops, Formal Dining Room, Den/Study, Drywall
- Fireplace: None
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Gravel, None
- Waterfront: None
- Exterior: Patio,Fenced Yard,Countryside View,Landscaped,Garden Area,Porch, Vinyl
- Architectural Style: Ranch, 1 Story
- Heating: Forced Air
- List Price: $318,900
- Price/SqFt: $237
- Annual Tax Amount: $2,692
- Tax Year: 2024
- Lot: Cleared, Level
- Directions: From the intersection of South Airport & Garfield travel 1/2 mile, turn right on Oak Terrace. Home is 4th on right.
- Year Built: 1950
- Living Area: 1,340 SqFt
- Lot Size: 0.27 Acres
- MLS Number: 1929362
- MLS Name: TAAR
- Office Name: Keller Williams Northern Michi
- Office Email: christinaroberts@kw.com
- Listing Agent: Kimberly Kamrow
Copyright © 2025 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 3:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$318,900
1080 Oak Terrace Dr
$3,787
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $142,400 | $2,692 |
| 2023 | $59,200 | $- |
| 2022 | $71,400 | $- |
| 2021 | $59,200 | $- |
| 2020 | $52,300 | $- |
| 2019 | $45,500 | $- |
| 2018 | $39,700 | $- |
| 2017 | $46,500 | $- |
History based on county public records data.
Nearby schools
3
Traverse Heights Elementary School
Public District PK-5
1.4 mi
•933 Rose St
4
Cherry Knoll Elementary School
Public District PK-5
2.4 mi
•1800 3 Mile Rd N
7
Central Grade Elementary School
Public District PK-5
2.5 mi
•301 7th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,167. The most common annual income of people living in Traverse City, MI is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
53%
<35k
39%
35k-100k
4%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
59%
Single, No Kids
17%
Single, with Kids
17%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
5%
12-17 yrs old
27%
18-34 yrs old
29%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
PGA/LPGA
Where do the neighbors shop?
Kmart
Wal-Mart
Family Dollar
Where do the neighbors go to eat?
Bob Evans
Sonic
Dominos Pizza
What do the neighbors drive?
Buick
Oldsmobile
Ford
What do the neighbors listen to?
Oldies- Contemporary Inspirational
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1080 Oak Terrace Dr
The listing price of 1080 Oak Terrace Dr property is $318,900.
The property 1080 Oak Terrace Dr is a house located in Traverse City, Michigan, 49686.
Active Listing: 1080 Oak Terrace Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1080 Oak Terrace Dr are: Traverse Heights Elementary School (GreatSchools Rating 3/10), Cherry Knoll Elementary School (GreatSchools Rating 4/10), Central Grade Elementary School (GreatSchools Rating 7/10), Tcaps Montessori School (GreatSchools Rating 9/10), Traverse City East Middle School (GreatSchools Rating 6/10), Traverse City West Middle School (GreatSchools Rating 7/10), Traverse City High School (GreatSchools Rating 2/10), Grand Traverse Academy (GreatSchools Rating 8/10), Central High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $2,692 (source: MLS/based on county public records data).
The property at 1080 Oak Terrace Dr has 3 bedrooms and 2 bathrooms.
The property 1080 Oak Terrace Dr is 1,340 SqFt (source: MLS/tax record).
The year of construction for 1080 Oak Terrace Dr is 1950.
This home is located at 1080 Oak Terrace Dr in Traverse City, MI and zip code 49686. This 1,340 square foot home, which was built in 1950, sits on a 0.27 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 1, 2024 and is currently priced at $318,900.
In April 2025, from all listings sold in Traverse City, MI there were more than 19 sold above asking price, over 43 sold below and more than 14 were sold right at the asked price. The inventory of homes for sale in Traverse City, MI between March and April 2025 increased by 28.8%. The median list price of listings available in April 2025 was $453,051, while the average time on the real estate market was 64 days.
From Rocket Homes Real Estate and based on county public records data.