161 Mathison Rd
Traverse City, MI 49686
- 3 Beds
- 2 Baths
- 1,377 sqft (on 0.43 acres)
3 Beds
2 Baths
1,377 sqft
(on 0.43 acres)
Home Value
Trulia Estimate
$493KSince last month
Decreased$2K (-0.4%)Since last year
Increased$700 (+0.1%)Since last sale
Increased$38K (+8.2%)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 +146% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $493K |
| July 2026 | $495K |
| June 2026 | $498K |
| May 2026 | $500K |
| April 2026 | $494K |
| March 2026 | $491K |
| February 2026 | $485K |
| January 2026 | $482K |
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 |
|---|---|---|---|---|---|---|---|
0.20 | Single-Family Home | $695,000 | 07/17/26 | 4 | 2 | 2,128 | |
0.29 | Single-Family Home | $700,000 | 10/24/25 | 5 | 2.5 | 3,274 | |
0.87 | Single-Family Home | $475,000 | 04/03/26 | 3 | 2 | 1,893 | |
0.68 | Single-Family Home | $335,000 | 06/01/26 | 3 | 2 | 1,210 | |
0.83 | Single-Family Home | $651,125 | 06/18/26 | 3 | 2.5 | 1,748 | |
0.24 | Single-Family Home | $1,333,500 | 07/02/26 | 4 | 3.5 | 3,474 | |
0.51 | Single-Family Home | $1,400,000 | 06/30/26 | 3 | 2.5 | 2,654 | |
1.05 | Single-Family Home | $599,900 | 09/03/25 | 3 | 2 | 2,544 | |
0.77 | Single-Family Home | $675,000 | 01/30/26 | 4 | 2.5 | 1,928 | |
0.92 | Single-Family Home | $660,000 | 11/24/25 | 4 | 3 | 2,692 |
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 |
|---|---|---|---|---|---|---|
0.05 | $335,400 | 2 | 1 | 806 | Off Market | |
0.05 | $347,500 | 2 | 1 | 1,064 | For Sale | |
0.04 | $179,950 | - | - | - | For Sale | |
0.04 | - | Studio | - | - | Off Market | |
0.04 | $225,000 | - | - | - | For Sale | |
0.10 | $360,700 | 2 | 2 | 1,827 | Off Market | |
0.07 | - | Studio | - | - | Off Market | |
0.07 | $225,000 | - | - | - | For Sale | |
0.08 | - | - | - | - | Off Market | |
0.08 | $1,719,500 | 5 | 5 | 5,000 | Off Market | |
0.14 | $323,400 | 2 | 2 | 1,090 | Off Market | |
0.09 | $1,536,900 | 4 | 4 | 4,010 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1988
Lot Size
0.43 acres
Living Area
1,377 sqft
Price/Sqft
$358
Parking
Garage
About this House
Coveted location on base of Old Mission Peninsula, just minutes from downtown TC. This home has a slate of recent updates, including a completely renovated kitchen with all new cabinets, countertops, & stainless steel appliances. Also - new floor coverings throughout most of the house, new gas furnace and new water heater. In the winter, enjoy the warmth from the fireplace in the living room, & in the summer, step out your sliding screen door onto your large back deck for a family barbecue. 3 bed, 2 bath. Mostly full basement with some partitioning, and built-in sauna with electric heater.
161 Mathison Rd, Traverse City, MI 49686 is a 3 bedroom, 2 bathroom, 1,377 sqft single-family home built in 1988. It last sold for $455,000 on Sep 21, 2022. It is currently off market. The Trulia Estimate is $492,500, with a rent estimate of $2,547/month.
Home Details for 161 Mathison Rd
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|---|
Interior Details BasementTypes of Rooms: Dining Room |
Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Appliances & Utilities Cable ReadyDishwasherMicrowaveRefrigerator |
Fireplace & Spa Fireplace |
Levels, Entrance, & Accessibility Floors: Concrete |
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Exterior Home Features Roof: AsphaltDeckExterior: VinylPorch |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1988 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Lot Area: 0.43 acres |
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Pool Sauna |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 21, 2022 Source: NGLRMLS #1903930 | Sold | $455,000 |
Aug 30, 2022 Source: NGLRMLS #1903930 | PriceChange | $455,000 Price decreased by 2% |
Aug 17, 2022 Source: NGLRMLS #1903930 | Listed For Sale | $465,000 |
Nov 2, 2016 Source: NGLRMLS #1820621 | Sold | $170,000 |
Aug 30, 2016 Source: Agent Provided | PriceChange | $199,900 Price decreased by 7% |
Jul 22, 2016 Source: Agent Provided | Listed For Sale | $215,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,060 | $390,400 |
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 161 Mathison Rd
- What is 161 Mathison Rd estimated to be worth?Trulia's estimated value for 161 Mathison Rd in Traverse City, MI is $492,500.
- What is the price history for 161 Mathison Rd?161 Mathison Rd in Traverse City, MI last sold for $455,000 in September 2022.
- 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 161 Mathison Rd?The lot at 161 Mathison Rd in Traverse City, MI is about 0.43 acres (18,731 sq ft).
- Does 161 Mathison Rd have a garage?Yes, 161 Mathison Rd in Traverse City, MI has a garage.

