882 Crestwood Ln, Traverse City, MI, 49686
About This Home
Take a look at this unique opportunity! A solid option for first-time home buyers, or a retired individual/couple, this affordable 2 bedroom 2 bathroom low-maintenance home offers a spacious corner lot, and the convenience of all that Traverse City has to offer, only 10 minutes down the road. This property is in a quiet neighborhood, with great neighbors. Fully updated in 2023, new roof in 2024, new washer and new back door by laundry area.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1982
Materials
- Foundation: Pillar/Post/Pier
- Roof: Metal
- Construction materials: Aluminum Siding
Notable Dates
- Major remodel year: 2008
Type & Style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subType: Single Family Residence,Manufactured Home
Interior
Appliances
- Appliances included: Refrigerator,Oven/Range,Dishwasher,Microwave,Washer,Dryer,Exhaust Fan,Gas Water Heater
- Laundry features: Main Level
Basement
- Basement: Crawl Space
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Level: Main
Features
- Breakfast Nook,Other,Solid Surface Counters,Ceiling Fan(s),Cable TV,High Speed Internet,WiFi
- Window features: Blinds,Drapes,Curtain Rods
- Flooring: Laminate
- Fireplace features: None
- Finished area below ground: 0
- Finished area above ground: 1,085
Heating
- Heating features: Forced Air,Natural Gas
Interior Area
- Total structure area: 1,085
- Total interior livable area: 1,085 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
- Area: 210
Master Bathroom
- Features: Private
Master Bedroom
- Level: Main
Property
Accessibility
- Accessibility features: Accessible Full Bath
Details
- Parcel number: 0512504100
- Zoning description: Residential,Multi-Family
Features
- Patio & porch: Porch
- Waterfront features: None
Lot
- Lot size: 9,583 sqft
- Features: Corner Lot,Level,Subdivided
- Lot size dimensions: 90 x 80 x 119 x 50
Parking
- Parking features: Paved,Asphalt,Private
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Lightning
- Strong Wind
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Grand Traverse County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,010 | $12,120 |
| Home Insurance * | $75 | $900 |
| Property Taxes | $404 | $4,848 |
| Electricity | $188 | $2,259 |
| Total | $1,677 | $20,124 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $199,900 |
| 2023-07-03 | Sold | $164,500 |
| 2023-06-01 | Listed for sale | $164,900 |
| 2009-06-24 | Sold | $49,900 |
| 2008-11-27 | Listing removed | $51,900 |
| 2008-09-29 | Listed for sale | $51,900 |
| 2008-07-02 | Listing removed | $57,900 |
| 2008-06-10 | Listed for sale | $57,900 |
| 2008-05-09 | Listing removed | $57,900 |
| 2008-05-01 | Price change | $57,900 |
| 2008-04-25 | Price change | $73,900 |
| 2008-04-05 | Price change | $57,900 |
| 2008-04-03 | Listed for sale | $65,000 |
| 2003-01-02 | Sold | $64,000 |
For Sale by Agent
View on Zillow