40 Mathison Rd, Traverse City, MI 49686
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Property image
OFF MARKET

40 Mathison Rd
Traverse City, MI 49686

  • 2 Beds
  • 1 Bath
  • 1,116 sqft

$281,700

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $1,674/mo*
Refinance Your Home

$281,700

Trulia Estimate
as of Aug 16, 2026
Est. Refi. Payment $1,674/mo*
Refinance Your Home
2 Beds
1 Bath
1,116 sqft

Home Value

Trulia Estimate
$282K
Since last month
Decreased$400 (-0.1%)
Since last year
Increased$10K (+3.5%)
Since last sale
Increased$124K (+77.7%)
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 +88% in the last 10 years
MonthEstimated value
2026
August 2026$284K
July 2026$286K
June 2026$285K
May 2026$287K
April 2026$280K
March 2026$280K
February 2026$280K
January 2026$277K
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
34 Mathison Rd, Traverse City, MI
0.01
Condo
$299,900
08/19/25
3
2
1,155
7177 Cherrywood Ct, Traverse City, MI
0.16
Condo
$315,000
05/01/26
2
2
1,092
7052 Cherrywood Ct, Traverse City, MI
0.04
Condo
$313,500
03/19/26
2
2
1,884
7181 Cherrywood Ct, Traverse City, MI
0.15
Condo
$340,640
01/16/26
2
2.5
1,600
172 Wildwood Meadows Dr, Traverse City, MI
0.13
Condo
$730,000
01/23/26
3
2.5
2,931
6441 Mission Rdg, Traverse City, MI
0.61
Condo
$470,000
11/25/25
2
2.5
2,775
6556 Mission Rdg, Traverse City, MI
0.48
Condo
$620,000
09/30/25
3
2.5
2,444
6278 Summit Ct, Traverse City, MI
0.72
Condo
$480,000
09/04/25
2
2.5
2,054
6550 Mission Rdg, Traverse City, MI
0.49
Condo
$555,000
03/20/26
3
2.5
2,788
6530 Mission Rdg, Traverse City, MI
0.52
Condo
$570,000
02/09/26
3
3.5
2,374

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
34 Mathison Rd, Traverse City, MI 49686
0.01
$309,700
3
2
1,155
Off Market
7047 Cherrywood Ct, Traverse City, MI 49686
0.06
$365,900
2
2
1,827
Off Market
7052 Cherrywood Ct, Traverse City, MI 49686
0.04
$313,500
2
2
1,884
Recently Sold
7080 Cherrywood Ct, Traverse City, MI 49686
0.06
$362,300
2
2
2,118
Off Market
34 Jojack Run, Traverse City, MI 49686
0.09
$1,338,700
4
3.5
3,532
Off Market
136 Mathison Rd, Traverse City, MI 49686
0.10
$336,900
2
1
806
Off Market
136 Mathison Rd #10, Traverse City, MI 49686
0.10
$347,500
2
1
1,064
For Sale
47 Jojack Run, Traverse City, MI 49686
0.13
$1,559,500
4
3.5
4,250
Off Market
142 Vineyard Ridge Dr #24, Traverse City, MI 49686
0.14
-
-
-
-
Off Market
142 Vineyard Ridge Dr, Traverse City, MI 49686
0.14
$1,719,500
5
5
5,000
Off Market
35 Jojack, Traverse City, MI 49686
0.13
$224,000
-
-
-
For Sale
48 Jojack Run #C, Traverse City, MI 49686
0.14
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 40 Mathison Rd.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Condo
Year Built
1975
Living Area
1,116 sqft
Price/Sqft
$252
Parking
Garage

About this House

Old Mission Peninsula condo. Main floor living with 2 bedrooms and 1 bath. Kitchen appliances and washer & dryer included. Central air. Patio. Attached garage. Finished basement. Landscaped and irrigated lawn. Very clean and move-in ready.
40 Mathison Rd, Traverse City, MI 49686 is a 2 bedroom, 1 bathroom, 1,116 sqft condo built in 1975. It last sold for $159,900 on May 1, 2019. It is currently off market. The Trulia Estimate is $281,700, with a rent estimate of $1,641/month.

Home Details for 40 Mathison Rd

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Other
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1975
Property Type / Style
Property Type: CondoArchitecture: Ranch / Rambler

Price and Tax history

DateEventPrice
May 8, 2019
Source: Agent Provided
ListingRemoved
$159,900
May 5, 2019
Source: Agent Provided
Pending
$159,900
May 1, 2019
Source: NGLRMLS #1859274
Sold
$159,900
Apr 15, 2019
Source: Agent Provided
Listed For Sale
$159,900
Aug 13, 2010
Source: NGLRMLS #1711782
Sold
$95,000

Market trends in Traverse City

Last updated July 2026
Buyer'sMarketSeller'sMarket
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
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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. "
    0
    Flag
  • Sandy.buchanich
    "Downtown 15 minutes - busier during summer with all summer visitors here. Bike trail nearby and can ride bikes to downtown."
    0
    Flag
  • 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"
    0
    Flag
  • 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."
    0
    Flag
  • Mike Mitchell
    "Dog friendly place where almost everyone has a dog or two. Lots of open spaces for dogs to run and play!"
    0
    Flag
  • 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."
    0
    Flag
  • Jeffrey Rhodes
    "We know each other and socialize. We also help those in need. This happens with adults and kids alike."
    0
    Flag
  • Trulia User
    "Christmas alley, neighborhood “music festivals,” and close to all the downtown events., this neighborhood is the perfect location in Traverse City. "
    2
    Flag
  • Unspecified
    "Some of the downtown houses lack a sizable yard and traffic can be dangerous in the peak of the summer season "
    0
    Flag
  • Grace C.
    "Predominantly youngish retirees in the area. Not tons of children. Nearby elementary school may be convenient for drop off/pick ups."
    0
    Flag
  • 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 "
    0
    Flag
  • 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 "
    0
    Flag
  • Garrison M.
    "been here 5yrs. it's nice to be close to everything. neighbors are nice enough. real estate is pricey. "
    0
    Flag
  • 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."
    0
    Flag
  • 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. "
    0
    Flag
  • 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. "
    0
    Flag
  • 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!"
    11
    Flag
  • 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 "
    0
    Flag
  • 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. "
    0
    Flag
  • Oxford D.
    "Generational residents, makes for great fun. Porch sitting!! Historic buildings that can’t be imagined in today’s culture "
    3
    Flag
  • Bacjef
    "10 minute to anywhere in traverse city. july traffic makes this 1 hour commute on a tuesday. 2 hours on sat"
    0
    Flag
  • Celia
    "A lot of drugs and garbage left around. Def lock doors! .............................................."
    0
    Flag
  • 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. "
    0
    Flag
  • 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. "
    0
    Flag
  • zagnut
    "There is a fenced dog park in slabtown that dog owners love! not sure what dog owners wouldn’t like...."
    0
    Flag
  • 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. "
    0
    Flag
  • Micheal W.
    "Mixed generation, religion politics and race neighborhood. We watch out for each other and live as an giant extended family "
    0
    Flag
  • 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. "
    0
    Flag
  • 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. "
    0
    Flag
  • Susan R.
    "National Cherry Festival, Film Festival, wine festivals, Grand Traverse County Fair, farmer's market and much more! "
    0
    Flag

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Apartments for Rent

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Homes for sale near 40 Mathison Rd

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Off Market Homes Near 40 Mathison Rd

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Frequently asked questions about 40 Mathison Rd

  • What is 40 Mathison Rd estimated to be worth?
    Trulia's estimated value for 40 Mathison Rd in Traverse City, MI is $281,700.
  • What is the price history for 40 Mathison Rd?
    40 Mathison Rd in Traverse City, MI last sold for $159,900 in May 2019.
  • 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 40 Mathison Rd have air conditioning?
    Yes, 40 Mathison Rd in Traverse City, MI has air conditioning.
  • Does 40 Mathison Rd have laundry facilities?
    Yes, 40 Mathison Rd in Traverse City, MI has in-unit laundry.