• 4 BDRM
  • 2 BTH
  • 3,536 SQ.FT
  • 0′ WF
515 5th Street Traverse City MI 49684
$825,000
Status: Sold Co-op Member

Description

Charming 1894 home located in historic Central Neighborhood. This home is within walking distance of Traverse City's lively downtown shops and restaurants, West End Beach, Clinch Park and marina, the farmers’ market, the Open Space Project, Central Elementary School and Lars Hockstad Auditorium, and Munson Medical Center. This home is within biking distance of the TART Trail, and the Boardman Lake Loop, among many destinations. Owned and occupied by the same family for 50 years. Master bedroom with full bath on main level, three bedrooms and full bath upstairs; Large upstairs studio/family room with three large closets; Computer or office area with built-in desk, bookcases and shelving; Large kitchen with ample counter space and cabinets; Formal dining room; Front entry foyer with large closet; Large lighted covered porch with ceiling fan; Separate 260 sq. ft. frame garage/storage shed; Partly finished basement with workshop, office or guest room with 2 closets, storage area, and large open area; Rare attached finished 2 car garage with 2 automatic garage doors and coded entry key pad; Heated laundry room with large utility sink; Central heat and air conditioning; Generac 18 kW back up whole-house generator; Extensive perennial flower/butterfly gardens with irrigation system on timers.

Directions

2 blocks east of Division & Front Street

Disclaimer

Copyright © 2024 Northern Great Lakes Realtors (NGLR) Listing provided by Northern Great Lakes Realtors (NGLR). The information in this listing was gathered from third-party sources including the seller. Home Waters LLC its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Property Listed By

Joseph Walter Realty, Llc. 3275 Martin Parkway Suite 125 Walled Lake MI 48390

About Central

Central neighborhood in downtown Traverse City has a deep history, magnificent homes, and higher density blocks that have served throughout most of the city's history as a purely residential area.  

The Central neighborhood holds many of the turn-of-last-century mansions, and compliments of those home owners, many still remain with as much character as they did when they were built.  The later mansions of Sixth Street (known as “Silk Stocking Row”) include the immense 32-room house built by Traverse City founder Perry Hannah (now Reynolds-Jonkhoff Funeral Home) and dozens of other elegant homes.  The Central neighborhood was started at the end of the 19th century, with the majority of the houses in the neighborhood constructed between 1890 and 1914. The neighborhood is unique for the socio-economic diversity of its residents.

The Central neighborhood has four main thoroughfares as its borders.  With Division street to the west, Fourteenth Street to the south, Front Street just to the north, and Union Street just to the east, Central Neighborhood is just that - Centralized - with much of the city infastructure around it.  

This is one of the most desired neighborhoods in Traverse City because of its proximity to businesses, schools and downtown - for this reason, the strength of the home values are high in the Central neighborhood.

Central Grade School as well as Thirlby Field are here! Central Grade is the oldest neighborhood school in the TCAPS system, in operation since 1874, with the current building constructed in 1934, after a fire in October of that year. Some classes were held in the Perry Hannah house while the building was being reconstructed.

Thirlby Field, also known as Harry Running Stadium, is a 7,000-seat football stadium.  It was built in 1934 on a site where football has been played since 1896. It is the home of the Traverse City Central Trojans, Traverse City West Titans and Traverse City St. Francis Gladiators football teams.  Mr. Thirlby, a local farmer, gave the land to the Traverse City Area Public Schools for athletic contests, and at that time, the visiting teams would come by train right to the field. Some of that rail can still be found in the vicinity of Cass Street, just north of Fourteenth.

Stats for Central Neighborhood

Year Units Sold Total Sales Average Price High Sale Low Sale
2012 41 $9,694,126 $236,442 $865,000 $48,000
2013 54 $13,037,400 $241,433 $715,000 $71,840
2014 54 $15,589,521 $288,694 $731,500 $112,000
2015 73 $20,745,807 $284,189 $965,000 $100,000
2016 88 $24,824,295 $282,094 $710,000 $140,000
2017 73 $25,958,579 $355,596 $1,310,000 $169,950

 

Agent Photo

Contact Mandy Brown today!

(231) 499-8425