$339,900
Original price: $347,500
- 2 Beds
- 1 Bath
- 1,064 sqft
136 Mathison Rd, Traverse City, MI 49686
Est. Mortgage $2,466/mo*
Get Pre-QualifiedWe estimate this home will sell faster than 85% nearby.
Home Highlights
Condo
Built in 1979
$319/sqft
1 Car Garage
HOA $370/mo
Local Information
-- mins to
About this House
Tucked into one of the most private settings in Cherrywood Commons, this beautifully updated end-unit condominium backing up to peaceful park like setting, offering a rare combination of privacy, natural beauty, and low-maintenance living on Old Mission Peninsula and just 10 minutes from downtown Traverse City. The thoughtfully renovated interior is truly move-in ready, featuring luxury vinyl plank flooring, an updated kitchen with modern finishes, a refreshed bathroom with tile surround, and newer furnace and central air conditioning for year-round comfort. Natural light fills the main living area, while the finished lower level provides flexible space for a family room, home office, fitness area, or guest accommodations. Enjoy your morning coffee overlooking the trees, entertain with ease, or simply relax knowing the major updates have already been completed. An attached garage adds convenience and additional storage. Located just 10 minutes from downtown Traverse City, yet surrounded by the wineries, orchards, beaches, and scenic beauty of Old Mission Peninsula, this home offers the best of both worlds—peaceful peninsula living with easy access to shopping, dining, and waterfront recreation. Whether you're looking for a year-round residence or a Northern Michigan retreat, this exceptional condo combines an ideal location, quality updates, and a setting that is difficult to find.
Last check for updates: about 9 hours ago
Listing courtesy of Judy Robinson, (231) 620-2816
Coldwell Banker Schmidt Traverse City, Cell: 231-620-2816
Source: NGLRMLS, MLS#1948731

Also Listed on NGLRMLS, Realcomp II.
We estimate this home will sell faster than 85% nearby.
Open House
Saturday, September 19
11:00 AM to 1:00 PM
Home Details for 136 Mathison Rd
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Interior Details Number of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Master Bathroom, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1064 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, DryerDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Natural Gas,Fireplace(s)Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: GasHas a FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Luxury Vinyl Plank, Tile, Other, Carpet |
Levels, Entrance, & Accessibility Stories: 1Levels: OneEntry Location: No Steps, First Floor LevelAccessibility: OtherFloors: Luxury Vinyl Plank, Tile, Other, Carpet |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: PatioOther Structures: NoneFoundation: BlockNo Private Pool |
Parking & Garage Number of Garage Spaces: 1No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Attached,Garage Door Opener,Paved,Concrete Floors,Asphalt,Shared Driveway |
Frontage Waterfront: NoneResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 864 Square FeetFinished Area (below surface): 200 Square Feet |
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Cumulative Days on Market: 38Days on Market: 45 |
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Year Built Year Built: 1979Year Renovated: 2021 |
Property Type / Style Property Type: ResidentialProperty Subtype: Condominium, Single Family Residence |
Building Construction Materials: Frame, Vinyl SidingNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty |
Property Information Parcel Number: 281145701000 |
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Price List Price: $339,900Price Per Sqft: $319 |
Status Change & Dates Possession Timing: Negotiable |
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MLS Status: Active |
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Direction & Address City: Traverse CityCommunity: Cherrywood Commons |
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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Listing Agent Listing ID: 1948731 |
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Building Area Building Area: 1064 Square Feet |
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Community Features: Common Area |
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HOA Fee Includes: Water, Trash, Snow Removal, Maintenance Grounds, Maintenance StructureHOA Fee: $4,440/Annually |
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Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash |
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Mls Number: 1948731Attribution Contact: Cell: 231-620-2816Above Grade Unfinished Area: 864 |
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Common Area |
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.
Market trends in Traverse City
Last updated August 2026
Avg. sale price
$458K
$3.5KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$288
$1MoM
Available listings
637
91MoM
Home Value
Trulia Estimate
$330KSince last month
Increased$63K (+23.8%)Since last year
Increased$80K (+32.1%)Since last sale
Increased$190K (+135.7%)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 +121% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $330K |
| August 2026 | $338K |
| July 2026 | $266K |
| June 2026 | $263K |
| May 2026 | $267K |
| April 2026 | $259K |
| March 2026 | $259K |
| February 2026 | $259K |
| January 2026 | $258K |
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 |
|---|---|---|---|---|---|---|---|
0.11 | Condo | $315,000 | 05/01/26 | 2 | 2 | 1,092 | |
0.10 | Condo | $313,500 | 03/19/26 | 2 | 2 | 1,884 | |
0.10 | Condo | $340,640 | 01/16/26 | 2 | 2.5 | 1,600 | |
0.23 | Condo | $730,000 | 01/23/26 | 3 | 2.5 | 2,931 | |
0.64 | Condo | $470,000 | 11/25/25 | 2 | 2.5 | 2,775 | |
0.53 | Condo | $620,000 | 09/30/25 | 3 | 2.5 | 2,444 | |
0.54 | Condo | $555,000 | 03/20/26 | 3 | 2.5 | 2,788 | |
0.56 | Condo | $570,000 | 02/09/26 | 3 | 3.5 | 2,374 | |
0.58 | Condo | $610,000 | 09/09/26 | 3 | 2.5 | 2,750 | |
0.67 | Condo | $582,500 | 12/01/25 | 3 | 2.5 | 2,800 |
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 |
|---|---|---|---|---|---|---|
0.04 | $179,950 | - | - | - | For Sale | |
0.02 | $283,900 | 2 | 1 | 1,532 | Off Market | |
0.09 | $225,000 | - | - | - | For Sale | |
0.06 | $362,000 | 2 | 2 | 1,827 | Off Market | |
0.12 | $1,721,400 | 5 | 5 | 5,000 | Off Market | |
0.13 | $1,400,000 | 4 | 3.5 | 3,900 | Recently Sold | |
0.09 | $323,900 | 2 | 2 | 1,090 | Off Market | |
0.14 | $1,506,700 | 4 | 4 | 4,010 | Off Market | |
0.10 | $313,500 | 2 | 2 | 1,884 | Recently Sold | |
0.10 | $340,640 | 2 | 2.5 | 1,600 | Recently Sold | |
0.11 | $331,900 | 2 | 2 | 2,118 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 4, 2026 Source: NGLRMLS #1948731 | PriceChange | $339,900 Price decreased by 2% |
Jul 31, 2026 Source: NGLRMLS #1948731 | Listed For Sale | $347,500 |
Jul 26, 2018 Source: N/A | Sold | $139,900 |
Jun 23, 2012 Source: Agent Provided | ListingRemoved | $88,900 |
Oct 30, 2011 Source: Agent Provided | PriceChange | $88,900 Price decreased by 11% |
Jan 16, 2011 Source: Agent Provided | PriceChange | $99,900 Price decreased by 8% |
Jun 18, 2010 Source: Agent Provided | Listed For Sale | $109,000 |
| Year | Property tax | Tax assessment |
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| 2025 | $1,625 | $312,000 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Judy Robinson, Coldwell Banker Schmidt Traverse City, Cell: 231-620-2816
Agent Phone: (231) 620-2816

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.
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Frequently asked questions about 136 Mathison Rd
- What is the estimated monthly payment for 136 Mathison Rd?Based on a $339,900 list price with 20% down at today's rates, the estimated monthly payment for 136 Mathison Rd in Traverse City, MI is approximately $2,141 (about $1,854 principal & interest, $212 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 136 Mathison Rd compare to homes in Traverse City?136 Mathison Rd in Traverse City, MI is listed at $339,900, about 26% below the $458K median sale price in Traverse City.
- What do residents say about Traverse City?Residents describe Traverse City, MI as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Traverse City, MI.
- What are the closest schools to 136 Mathison Rd?The closest schools to 136 Mathison Rd in Traverse City, MI are Central High School (Middle, rated 7/10), East Middle School (rated 7/10), Eastern Elementary School (Pre-K, rated 7/10).
- Does 136 Mathison Rd have air conditioning?Yes, 136 Mathison Rd in Traverse City, MI has air conditioning.
- Does 136 Mathison Rd have laundry facilities?Yes, 136 Mathison Rd in Traverse City, MI has in-unit laundry.
136 Mathison Rd, Traverse City, MI 49686 is a 2 bedroom, 1 bathroom, 1,064 sqft condo built in 1979. This property is currently available for sale and was listed by NGLRMLS on Jul 31, 2026. The MLS # for this home is MLS# 1948731.

