$899,900

508 E State St Traverse City, MI 49686

$10,000
Closing credit¹
4 beds
3 full, 1 partial
2,706 sqft
0.3 acres
$333 / sqft
House

Property details

About 508 E State St

Step into a piece of Traverse City history with this beautifully preserved 1865 home. Nestled in the heart of the distinguished Boardman neighborhood, part of the National Historic Registry, and located just 1.5 blocks from West Bay and a half block from The Little Fleet and vibrant Front Street. This residence offers the perfect blend of timeless charm - original hardwood floors, soaring ceilings, elegant pocket doors, custom built-ins, a butler’s pantry - paired with modern convenience - the hassle-free gas fireplace, EV car charger, and high-speed fiber optic internet. The 2,100 sq ft main home features 3 bedrooms and 2.5 baths, including a main floor in-law suite (access suite through private exterior door or through "hidden door" behind mirror (see photo in listing) in the main entry of home), previously used as a very profitable 5-star short-term rental, which would make for a spacious well-appointed main level primary. Additionally, the property also features a 2-car heated garage and a brand-new 625 sq ft accessory dwelling unit (ADU) with 1 bedroom, 1 full bath and gorgeous open plan living room and full kitchen space—ideal for multigenerational living, guests, or rental income. This is a rare opportunity to own a historic treasure in one of Traverse City’s most walkable, bikeable and sought-after neighborhoods. SHOWINGS START SATURDAY MAY 24th!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
(Active U/C Taking Backups)
CoolingCentral Air
Size2,706 sqft
Lot size0.25 Acres
Year built1865
ParkingConcrete,Private, Detached,Door Opener,Alley Entrance,Paved Driveway,Heated,Finished Rooms,Plumbing,Concrete Floors
MLS #1934206
Garage2 spaces
FireplaceFireplace(s), Gas

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Gas Water Heater, Instant Hot Water
  • Interior: Cathedral Ceilings, Built-In Bookcase, Pantry, Granite Bath Tops, Granite Kitchen Tops, Formal Dining Room
  • Fireplace: Fireplace(s), Gas
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Concrete,Private, Detached,Door Opener,Alley Entrance,Paved Driveway,Heated,Finished Rooms,Plumbing,Concrete Floors
  • Waterfront: None
  • Exterior: Sprinkler System,Sidewalk,Landscaped,Garden Area,Porch,Gutters, Wood
  • Architectural Style: 2 Story, Colonial, In-Law Suite or Apartment, Apartment
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $899,900
  • Price/SqFt: $332
  • Annual Tax Amount: $9,042
  • Tax Year: 2024
  • Lot: Level
  • Directions: Use Google Maps. How will have a Kultura Real Estate sign in the front.
  • Year Built: 1865
  • Living Area: 2,706 SqFt
  • Lot Size: 0.25 Acres
  • MLS Number: 1934206
  • MLS Name: TAAR
  • Office Name: Kultura Real Estate
  • Office Phone: (231) 735-3545
  • Listing Agent: David Hricik

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: 5/31/2025, 11:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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508 E State St, Traverse City, MI 49686 - view of front of property featuring a chimney, a front lawn, and roof with shingles

$899,900

508 E State St

$10,000

closing credit¹

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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

YearAssessmentProperty Tax
2024$315,000$9,042
2023$212,800$-
2022$235,500$8,634
2021$212,800$7,902
2020$179,100$5,183
2019$173,100$-
2018$162,500$-
2017$154,900$-

History based on county public records data.

Nearby schools

7

Central Grade Elementary School

Public District PK-5

0.7 mi

301 7th St

3

Traverse Heights Elementary School

Public District PK-5

1.1 mi

933 Rose St

4

Eastern Elementary School

Public District PK-5

1.5 mi

1600 Eastern Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,652. Typical income of Traverse City, MI residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

55%
<35k
28%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

60%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
6%
12-17 yrs old
30%
18-34 yrs old
46%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Symphony or OperaSymphony or Opera
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Chico'sChico's
  • New York & CompanyNew York & Company

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Boston MarketBoston Market
  • Bob EvansBob Evans

What do the neighbors drive?

  • MazdaMazda
  • VolvoVolvo
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 508 E State St

The listing price of 508 E State St property is $899,900.

The property 508 E State St is a house located in Traverse City, Michigan, 49686.

Active Listing: 508 E State St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 508 E State St are: Central Grade Elementary School (GreatSchools Rating 7/10), Traverse Heights Elementary School (GreatSchools Rating 3/10), Eastern Elementary School (GreatSchools Rating 4/10), Tcaps Montessori School (GreatSchools Rating 9/10), Traverse City West Middle School (GreatSchools Rating 7/10), Traverse City East Middle School (GreatSchools Rating 6/10), Central High School (GreatSchools Rating 8/10), The Greenspire School (GreatSchools Rating 6/10), Traverse City High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $9,042 (source: MLS/based on county public records data).

The property at 508 E State St has 4 bedrooms and 3 full and 1 half bathrooms.

The property 508 E State St is 2,706 SqFt (source: MLS/tax record).

The year of construction for 508 E State St is 1865.

This home is located at 508 E State St in Traverse City, MI and zip code 49686. This 2,706 square foot home, which was built in 1865, sits on a 0.25 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $899,900.

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 number of listings in Traverse City, MI increased by 28.8% between March and April 2025. In April 2025 median list price was $453,051 and the average listing age was 64 days.

From Rocket Homes Real Estate and based on county public records data.

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