1216 Valley Dr, Traverse City, MI, 49685
About This Home
Beautifully updated 3-bedroom, 2-bath home in a desirable Silver Lake neighborhood with two public lake access points just steps away and a neighborhood boat launch only two blocks from the home. Inside, you'll find new luxury vinyl plank flooring throughout, creating a fresh, modern feel. Major updates provide peace of mind, including a new roof, central air conditioning, and hot water heater. Outside, the home continues to impress with a large covered front porch, perfect for morning coffee, and an expansive rear deck overlooking a private backyard shaded by mature trees. In addition to the attached two-car garage, the property features an oversized detached garage in the backyard, offering exceptional space for extra vehicles, boats, recreational equipment, or a workshop.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1986
Materials
- Foundation: Poured Concrete
- Roof: Asphalt
- Construction materials: 2x6 Framing,Frame,Vinyl Siding
Notable Dates
- Major remodel year: 2011
Type & Style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Refrigerator,Oven/Range,Disposal,Dishwasher,Microwave,Washer,Dryer,Exhaust Fan,Gas Water Heater
- Laundry features: Lower Level
Basement
- Has basement: Yes
- Basement: Partial,Daylight,Finished Rooms
Bedroom2
- Level: Upper
- Area: 130.81
Bedroom3
- Level: Upper
- Area: 96.72
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 80.8
Family Room
- Level: Lower
- Area: 335.25
Features
- Pantry,Ceiling Fan(s),Cable TV,High Speed Internet,WiFi
- Flooring: Luxury Vinyl Plank
- Fireplace features: Wood Burning
- Fireplace: Yes
- Finished area below ground: 557
- Finished area above ground: 1,100
Heating
- Heating features: Forced Air,Natural Gas,Fireplace(s)
Interior Area
- Total structure area: 1,657
- Total interior livable area: 1,657 sqft
Kitchen
- Level: Main
- Area: 97.76
Living Room
- Level: Main
- Area: 333
Master Bathroom
- Features: Shared
Master Bedroom
- Level: Upper
- Area: 128.75
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 0528300900
- Attached to another structure: Yes
- Zoning description: Residential
Features
- Patio & porch: Deck,Covered,Porch
- Exterior features: Sidewalk
- Waterfront features: None
Lot
- Lot size: 0.42 Acres
- Features: Cleared,Wooded,Subdivided
- Lot size dimensions: Irregular
Parking
- Total spaces: 2
- Parking features: Attached,Garage Door Opener,Concrete Floors,Asphalt
- Has garage: Yes
- Attached garage spaces: 2
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 | $2,098 | $25,176 |
| Home Insurance * | $93 | $1,116 |
| Property Taxes | $593 | $7,116 |
| Electricity | $188 | $2,259 |
| Total | $2,972 | $35,664 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-31 | Listed for sale | $415,000 |
| 2016-05-27 | Sold | $201,350 |
| 2016-02-10 | Price change | $209,900 |
| 2015-12-22 | Price change | $215,900 |
| 2015-12-01 | Listed for sale | $220,000 |
| 2009-07-17 | Sold | $177,500 |
| 2009-04-06 | Listed for sale | $183,900 |
| 1998-10-05 | Sold | $129,900 |
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