1505 Eastern Ave, Traverse City, MI 49686
Property image
Property image
OFF MARKET

1505 Eastern Ave
Traverse City, MI 49686

  • 4 Beds
  • 2.5 Baths
  • 2,613 sqft (on 0.30 acres)

$759,100

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $4,423/mo*

$759,100

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $4,423/mo*
4 Beds
2.5 Baths
2,613 sqft
(on 0.30 acres)

Home Value

Trulia Estimate
$759K
Since last month
Decreased$8K (-1%)
Since last year
Increased$59K (+8.4%)
Since last sale
Increased$492K (+184.3%)
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 +176% in the last 10 years
MonthEstimated value
2026
August 2026$759K
July 2026$767K
June 2026$761K
May 2026$738K
April 2026$715K
March 2026$704K
February 2026$691K
January 2026$668K
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
0.12
Single-Family Home
$435,000
02/27/26
4
1.5
1,793
0.34
Single-Family Home
$627,000
07/01/26
4
2.5
2,872
0.34
Single-Family Home
$572,500
05/18/26
4
2
2,006
0.17
Single-Family Home
$435,000
07/13/26
3
2
1,086
0.36
Single-Family Home
$599,900
09/03/25
3
2
2,544
0.24
Single-Family Home
$542,000
05/27/26
3
2.5
1,700
0.43
Single-Family Home
$738,000
08/11/26
5
3
2,074
0.36
Single-Family Home
$835,000
05/26/26
3
2
2,074
0.52
Single-Family Home
$475,000
04/03/26
3
2
1,893
0.66
Single-Family Home
$655,000
06/12/26
4
2.5
2,113

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
0.08
$497,200
4
1.5
2,010
Off Market
0.12
$435,000
4
1.5
1,793
Recently Sold
0.14
$464,800
3
1.5
2,295
Off Market
0.17
$686,100
3
2.5
2,445
Off Market
0.19
$497,900
4
2
2,225
Off Market
0.19
$507,700
2
1
1,300
Off Market
0.17
$435,000
3
2
1,086
Recently Sold
0.18
$1,096,400
4
2.5
3,300
Off Market
0.19
$349,000
-
-
-
For Sale
0.24
$776,000
4
3
3,337
Off Market
0.24
$542,000
3
2.5
1,700
Recently Sold
0.24
$675,000
4
4.5
2,144
For Sale

Local Information

  • Map ViewExplore the area around 1505 Eastern Ave.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1957
Lot Size
0.3 acres
Living Area
2,613 sqft
Price/Sqft
$291
Parking
Garage

About this House

Home was extensively updated in 2015. New insulated sashes on all wood windows. All bathrooms completely redone, Master bath has a heated ceramic floor. Main floor laundry. Lower level is finished including a conforming 4th bedroom with a legal egress window plus an extra mini kitchen. Bilco door for an additional exit from the lower level. Electric and plumbing have been updated with new fixtures and lighting, mostly LED. Natural gas water heater with 90% efficient natural gas furnace. New front porch and sidewalk, large deck, over-sized two car garage. New exterior doors and new 6 panel oak wood doors in all bedrooms. Eastern Elementary School about 300 feet away and Central High School across the street.
1505 Eastern Ave, Traverse City, MI 49686 is a 4 bedroom, 3 bathroom, 2,613 sqft single-family home built in 1957. It last sold for $267,000 on Mar 11, 2016. It is currently off market. The Trulia Estimate is $759,100, with a rent estimate of $4,352/month.

Home Details for 1505 Eastern Ave

Interior Features

Interior Details
BasementNumber of Rooms: 9Types of Rooms: Breakfast Nook
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Carpet, Concrete, Linoleum Vinyl
Appliances & Utilities
Cable ReadyDishwasherMicrowaveRefrigerator
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: WoodFoundation Type: SlabPorch
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1957
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Lot Information

Lot Area: 0.30 acres

Price and Tax history

DateEventPrice
Mar 11, 2016
Source: NGLRMLS #1810481
Sold
$267,000
Feb 26, 2016
Source: Agent Provided
Pending
$279,000
Jan 11, 2016
Source: Agent Provided
Listed For Sale
$279,000
Nov 2, 2011
Source: N/A
Sold
$97,507
Mar 1, 1992
Source: N/A
Sold
$87,450

Market trends in Traverse City

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$462K
$4.92K
MoM
Sale-to-List Price
99.3%
0.4%
MoM
Price per sq ft
$289
$16
MoM
Available listings
544
18
MoM

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.
  • Kate Jarvi
    "It is easy to access the TART trail. The Porch Fest (musicians playing on peoples’ porches) in the fall is very family friendly, and you can walk to downtown (and therefore swimming at the public beaches) easily. "
  • Sandy.buchanich
    "Downtown 15 minutes - busier during summer with all summer visitors here. Bike trail nearby and can ride bikes to downtown."
  • Luka Robinson
    "Lots of people like walking their dogs, several pet friendly establishments, lots of parks and dog parks and hiking trails as well as dog friendly beaches"
  • Mike Mitchell
    "We live in the Long Lake Township community of Cedar Hills Estates located 7 minutes West of T.C. and it’s an easy commute down Cedar Run Rd. with one stoplight at the corner of W. Front St."
  • Mike Mitchell
    "Dog friendly place where almost everyone has a dog or two. Lots of open spaces for dogs to run and play!"
  • Mike Mitchell
    "Almost all of the residents of my neighborhood have at least one dog and many have two dogs. It’s a very dog friendly community and there are plenty of dog friendly parks to hike with your dog or take your dog for a swim."
  • Jeffrey Rhodes
    "We know each other and socialize. We also help those in need. This happens with adults and kids alike."
  • Trulia User
    "Christmas alley, neighborhood “music festivals,” and close to all the downtown events., this neighborhood is the perfect location in Traverse City. "
  • Unspecified
    "Some of the downtown houses lack a sizable yard and traffic can be dangerous in the peak of the summer season "
  • Grace C.
    "Predominantly youngish retirees in the area. Not tons of children. Nearby elementary school may be convenient for drop off/pick ups."
  • Mhoffmanndc
    "I’ve lived here for 8 years and the neighbors are friendly and we feel very safe. The fact that we are still able to do short term rental here is very beneficial "
  • Andrea M.
    "The area that I’m in, is close to one of the busiest roads in town. I would not let me daughter play outside alone for that reason. There’s is a lot of homeless people that walk through my neighborhood. They keep to themselves "
  • Garrison M.
    "been here 5yrs. it's nice to be close to everything. neighbors are nice enough. real estate is pricey. "
  • Grace C.
    "I am living with my parents temporarily—though it has turned into a semi permanent arrangement. The community is fairly well established with retirees."
  • Barb M.
    "Plenty of open spaces & trails, 2 dog parks, city clears sidewalks in Winter. A specialized dog treat bakery and natural dog food stores. Several great Veterinarians. "
  • Mhoffmanndc
    "Neighbors watch out for one another. When we leave on vacation, our neighbors are watching and caring for our prop. It’s not uncommon to have neighborhood parties and gatherings. "
  • Brenden F.
    "It's small, but its poppin, houses in the area are nice and the street is HELLA cute, downtown is nice to go to chill out for an evening. It's like the trendy part of Michigan!"
  • Cbdrn C.
    "I live on the base of the peninsula giving me walking access to both East and West bay. I live walking distance to a brand new elementary school and high school and community college... your kids in walking distance to everything and down town is 5 minutes away "
  • Heididjkenney
    "Civic center activity! Outdoor plays across the street.a one mile walking track. There is great pool at civic center you do laps in.Neighborhood potluck in streets every year. "
  • Oxford D.
    "Generational residents, makes for great fun. Porch sitting!! Historic buildings that can’t be imagined in today’s culture "
  • Bacjef
    "10 minute to anywhere in traverse city. july traffic makes this 1 hour commute on a tuesday. 2 hours on sat"
  • Celia
    "A lot of drugs and garbage left around. Def lock doors! .............................................."
  • Barb M.
    "Lots of trails for dog walking, biking, hiking. Dog owners need to bring their own baggies. There are two dog park locations, and the Humane Society is now a no-kill shelter. "
  • Joseph H.
    "It’s a wonderful place to raise children. I was raised here, went to St. Francis, which was a great experience. My brother went to Central and also had great education. "
  • zagnut
    "There is a fenced dog park in slabtown that dog owners love! not sure what dog owners wouldn’t like...."
  • Jasmyn M. C.
    "they would like that it's pet friendly and that alot of different pets are allowed here along with cheap pet fees. "
  • Micheal W.
    "Mixed generation, religion politics and race neighborhood. We watch out for each other and live as an giant extended family "
  • Barb M.
    "Pain in the butt. All surface streets 20 min to get across town, longer with summer festivals. Streets often not cleared in winter. "
  • Lmgray
    "just a great place to live. no crime and the people are friendly. I feel blessed to live in such a wonderful area and wouldn't want to live anywhere else. "
  • Susan R.
    "National Cherry Festival, Film Festival, wine festivals, Grand Traverse County Fair, farmer's market and much more! "

LGBTQ Local Legal Protections

Frequently asked questions about 1505 Eastern Ave

  • What is 1505 Eastern Ave estimated to be worth?
    Trulia's estimated value for 1505 Eastern Ave in Traverse City, MI is $759,100.
  • What is the price history for 1505 Eastern Ave?
    1505 Eastern Ave in Traverse City, MI last sold for $267,000 in March 2016.
  • 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.
  • How big is the lot at 1505 Eastern Ave?
    The lot at 1505 Eastern Ave in Traverse City, MI is about 0.30 acres (13,068 sq ft).
  • Does 1505 Eastern Ave have a garage?
    Yes, 1505 Eastern Ave in Traverse City, MI has a garage.

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