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Favorite
  • 4 BDRM
  • 2.5 BTH
  • 2,906 SQ.FT
  • 0′ WF
124 N Madison Street Traverse City MI 49684
$850,000
Status: Sold In House

Description

This meticulously maintained, beautifully landscaped, 2906 square foot Slabtown home 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, 21' x 28' two-car garage offers plenty of extra storage space. With a great walkable location- walking distance to downtown Traverse City, beaches, parks, restaurants, 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.

Directions

West on W. Front St. to N. Madison St., turn right. Home is on the 1st block on the right.

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

Century 21 Northland. 241 E State Street Traverse City MI 49684

About Slab Town/Incochee

History

Lumber was king in Traverse City and throughout most of the northern Great Lakes from the late 1800's through the early 1900's.  More money and more millionaires were created during Michigan's lumber boom than during the entire California gold rush.  Grand Traverse Bay, at the time, had a number of very large sawmills that shaped the lumber into useable boards for the building of cities like Chicago and Detroit.  The first cuts of these logs, or "slabs" were used by locals in the area close to the mills to build their homes at very little cost.  Years later those slab homes are gone but the name remains.  

Incochee is a newer development of exclusive homes, most of which feature spectacular views over Grand Traverse Bay and the city.  We paired this development with slabtown for the purpose of our search because the homes here share the same fantastic access to Grand Traverse Bay nearby and a short stroll into Traverse City's downtown district.

Geography

The slabtown neighborhood extends from Grand Traverse Bay on the north to Division Street (US 31) on the East with Front Street making up the southern boundary.  Incochee is a bit farther to the west and can be accessed off of M-72 at it's northern entrance or via a gated entry at it's east end off of Ramsdell Road.

Features

The proximity to the shoreline of Grand Traverse Bay and the fact that Slabtown and Incochee are just a bit out of the main traffic cycles of downtown make both very sought after neighborhoods.  Slabtown is a neighborhood in transition with many older homes being renovated or removed in order to be replaced by more substantial, modern homes.  Most newcomers are going to great lengths to ensure the historic feel of the neighborhood is embraced even with new construction.  Ashton, Darrow and Veteran's Park all offer terrific space to relax and play as well as being home to Traverse City's only off-leash dog park.  Famous institutions like Sledder's Family Tavern and The Dairy Lodge fall within Slabtown's boundaries.  Hickory Hills Ski Area is another wonderful amenity along the west end of Slabtown that is actually owned and operated by The City of Traverse City.

Stats for Slab Town

Year Units Sold Sales Volume Avg. Price High Sale Low Sale
2012 15 $3,946,500 $263,100 $433,900 $135,700
2013 15 $3,034,400 $202,293 $330,000 $90,000
2014 16 $4,173,280 $260,830 $469,000 $101,000
2015 19 $6,682,525 $351,711 $650,000 $169,125
2016 15 $4,618,400 $312,093 $590,000 $170,000
2017 21 $7,559,000 $359,952 $757,500 $187,000
2018 19 $6,790,400 $357,389 $600,000 $215,500
2019 24 $9,374,390 $390,616 $730,000 $230,000

Stats for Incochee

Year Units Sold Sales Volume Avg. Price High Sale Low Sale
2012 5 $3,015,800 $603,160 $900,000 $409,800
2013 4 $1,817,600 $454,400 $605,000 $255,000
2014 4 $2,467,500 $616,875 $712,000 $429,000
2015 5 $2,671,000 $534,200 $629,000 $327,500
2016 5 $3,234,500 $646,900 $917,000 $465,000
2017 1 $917,000 $917,000 $917,000 $917,000
2018 0 0 0 0 0
2019 3 $2,023,999 $674,666 $809,999 $435,000

*Statistics according to Northern Great Lakes REALTORS MLS

Agent Photo

Contact Jordyn Jepkema today!

(269) 512-2143