1242 Cerro Dr
Traverse City, MI 49696
- 4 Beds
- 2 Baths
- 1,820 sqft (on 1.65 acres)
4 Beds
2 Baths
1,820 sqft
(on 1.65 acres)
Home Value
Trulia Estimate
$377KSince last month
Increased$1K (+0.3%)Since last year
Increased$35K (+10.2%)Since last sale
Increased$12K (+3.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +96% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $377K |
| July 2026 | $375K |
| June 2026 | $376K |
| May 2026 | $379K |
| April 2026 | $369K |
| March 2026 | $370K |
| February 2026 | $362K |
| January 2026 | $362K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.47 | Single-Family Home | $399,000 | 08/13/25 | 4 | 3 | 1,400 | |
0.56 | Single-Family Home | $720,000 | 05/01/26 | 4 | 3 | 2,611 | |
0.66 | Single-Family Home | $400,000 | 01/23/26 | 3 | 2 | 1,574 | |
0.72 | Single-Family Home | $505,000 | 12/05/25 | 4 | 2 | 2,724 | |
0.94 | Single-Family Home | $305,000 | 01/27/26 | 3 | 1 | 1,284 | |
0.64 | Single-Family Home | $600,000 | 12/10/25 | 4 | 3.5 | 3,230 | |
1.03 | Single-Family Home | $589,000 | 12/17/25 | 3 | 2 | 1,829 | |
1.03 | Single-Family Home | $580,000 | 09/05/25 | 3 | 2 | 1,760 | |
1.09 | Single-Family Home | $748,600 | 07/17/26 | 4 | 2.5 | 3,006 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.13 | $369,800 | 4 | 2 | 1,474 | Off Market | |
0.20 | - | - | - | - | Off Market | |
0.20 | $1,800,000 | 4 | 2.5 | 2,420 | For Sale | |
0.21 | $129,900 | - | - | - | For Sale | |
0.26 | $598,800 | 4 | 4 | 3,800 | Off Market | |
0.29 | $360,500 | 3 | 1.5 | 1,307 | Off Market | |
0.29 | $216,800 | 3 | 1 | 1,312 | Off Market | |
0.33 | $520,400 | 4 | 3 | 2,543 | Off Market | |
0.36 | - | - | - | - | Off Market | |
0.35 | $462,600 | 4 | 2 | 2,392 | Off Market | |
0.46 | $431,400 | 3 | 2 | 1,792 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1986
Lot Size
1.65 acres
Living Area
1,820 sqft
Price/Sqft
$207
Parking
2 Car Garage
About this House
Tucked into a peaceful, elevated setting, this 4 bedroom, 2 bathroom home offers beautiful views of both East Bay and West Bay—a rare vantage point for this area. Expansive multi-level decking and generous patio space make outdoor living easy, whether you’re hosting guests or enjoying quiet moments surrounded by nature. Inside, the home offers solid bones and a flexible layout, providing a blank canvas to create the home you’ve always envisioned. With scenic views of the bay and endless potential, this is your opportunity to bring new life to a truly special setting.
1242 Cerro Dr, Traverse City, MI 49696 is a 4 bedroom, 2 bathroom, 1,820 sqft single-family home built in 1986. It last sold for $365,000 on Aug 14, 2025 (4% above the $349,900 asking price). It is currently off market. The Trulia Estimate is $376,800, with a rent estimate of $2,703/month.
Home Details for 1242 Cerro Dr
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Interior Details Number of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Master Bathroom, Dining Room, Family Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1820 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Disposal, Microwave, Water Softener Owned, Washer, Dryer, Gas Water HeaterDisposalDryerLaundry: Lower LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Hot Water,Baseboard,Radiant Floor,Natural GasHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Skylight(s)Flooring: Wood, Tile |
Levels, Entrance, & Accessibility Levels: Bi-LevelAccessibility: NoneFloors: Wood, Tile |
View Has a ViewView: Bay, Countryside View, Water, Bay View |
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Exterior Home Features Roof: AsphaltPatio / Porch: Deck, Multi-Level Decking, PatioOther Structures: Shed(s)Exterior: Sprinkler System, Balcony, Rain GuttersFoundation: SlabNo Private PoolSprinkler System |
Parking & Garage Number of Garage Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Attached,Paved,Heated Garage,Asphalt,Private |
Frontage Responsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Private Sewer |
Farm & Range Not Allowed to Raise Horses |
Finished Area Finished Area (above surface): 1004 Square FeetFinished Area (below surface): 816 Square Feet |
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Cumulative Days on Market: 42 |
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Year Built Year Built: 1986 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Frame, Vinyl SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 0336203300 |
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Price List Price: $349,900 |
Status Change & Dates Off Market Date: Thu Aug 14 2025Possession Timing: Close Of Escrow |
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MLS Status: Sold Co-op Member |
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Direction & Address City: Traverse CityCommunity: CERRO VEGA 2 |
School Information Elementary School District: Traverse City Area Public SchoolsJr High / Middle School District: Traverse City Area Public SchoolsHigh School District: Traverse City Area Public Schools |
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Building Area Building Area: 1820 Square Feet |
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Community Features: None |
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HOA Fee Includes: None |
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Lot Area: 1.65 Acres |
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Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash |
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Mls Number: 1935950Water ViewWater View: Water, BayAttribution Contact: Cell: 231-590-2670Above Grade Unfinished Area: 1004 |
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None |
Last check for updates: about 6 hours ago
Listed by Kandra Oklat, (231) 590-2670
REO-TCFront-233021, (231) 947-9800
Bought with: Jamie Grace, (231) 629-0623, Century 21 Northland, (231) 929-7900
Source: NGLRMLS, MLS#1935950

Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 14, 2025 Source: NGLRMLS #1935950 | Sold | $365,000 |
Jul 19, 2025 Source: NGLRMLS #1935950 | PriceChange | $349,900 Price decreased by 5% |
Jul 9, 2025 Source: NGLRMLS #1935950 | PriceChange | $369,900 Price decreased by 11% |
Jul 3, 2025 Source: NGLRMLS #1935950 | Listed For Sale | $415,000 |
Jun 27, 2025 Source: N/A | ListingRemoved | |
Jun 24, 2025 Source: N/A | PriceChange | $385,000 Price decreased by 7% |
Jun 20, 2025 Source: N/A | PriceChange | $412,000 Price decreased by 8% |
Jun 16, 2025 Source: N/A | PriceChange | $449,995 Price decreased by 10% |
May 6, 2025 Source: N/A | PriceChange | $499,995 Price decreased by 23% |
Mar 20, 2025 Source: N/A | Listed For Sale | $650,000 |
Jun 26, 2003 Source: N/A | Sold | $174,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,580 | $349,200 |
Home facts updated by county records
Market trends in Traverse City
Last updated July 2026
Avg. sale price
$462K
$4.92KMoM
Sale-to-List Price
99.3%
0.4%MoM
Price per sq ft
$289
$16MoM
Available listings
544
18MoM
Around this home
What Locals Say about Traverse City
At least 282 Trulia users voted on each feature.
88 % Say it's dog friendly
81 % Say yards are well-kept
80 % Say car is needed
78 % Say people would walk alone at night
76 % Say there's holiday spirit
76 % Say parking is easy
68 % Say kids play outside
66 % Say there's wildlife
62 % Say it's quiet
60 % Say they plan to stay for at least 5 years
58 % Say there are sidewalks
57 % Say neighbors are friendly
56 % Say it's walkable to restaurants
54 % Say it's walkable to grocery stores
52 % Say streets are well-lit
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
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Off Market Homes Near 1242 Cerro Dr
Frequently asked questions about 1242 Cerro Dr
- What is 1242 Cerro Dr estimated to be worth?Trulia's estimated value for 1242 Cerro Dr in Traverse City, MI is $376,800.
- What is the price history for 1242 Cerro Dr?1242 Cerro Dr in Traverse City, MI last sold for $365,000 in August 2025.
- Is Traverse City a buyer's or seller's market?Traverse City is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Traverse City?The median sale price in Traverse City is $462K. That is up $4.92K from the prior month.
- Does 1242 Cerro Dr have laundry facilities?Yes, 1242 Cerro Dr in Traverse City, MI has in-unit laundry.
- How big is the lot at 1242 Cerro Dr?The lot at 1242 Cerro Dr in Traverse City, MI is about 1.7 acres.

The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

