$369,900
$45K PRICE DROP

1242 Cerro Dr Traverse City, MI 49696

Estimated payment $2,257/month

Total Views 4,277
4 Beds
2 Baths
1,820 Sq Ft
$203 Price per Sq Ft

Highlights

  • Very Popular Property
  • Bay View
  • Wooded Lot
  • Central High School Rated A-
  • Tiered Deck
  • Radiant Floor

About This Home

Tucked into a peaceful, elevated setting, this 4 bedroom, 2 bathroom home offers beautiful views of both East Bay and West Bay—a rare vantage point for this area. Expansive multi-level decking and generous patio space make outdoor living easy, whether you’re hosting guests or enjoying quiet moments surrounded by nature. Inside, the home offers solid bones and a flexible layout, providing a blank canvas to create the home you’ve always envisioned. With scenic views of the bay and endless potential, this is your opportunity to bring new life to a truly special setting.

Listing Agent

Kandra Oklat

REO-TCFront-233021 License #6501452790 Listed on: 07/03/2025

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 1986

Lot Details

  • 1.65 Acre Lot
  • Lot Dimensions are 98x362x263x436
  • Cul-De-Sac
  • Landscaped
  • Steep Slope
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,820 Sq Ft Home
  • Ceiling Fan
  • Skylights
  • Mud Room
  • Entrance Foyer
  • Radiant Floor

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Private Driveway

Outdoor Features

  • Balcony
  • Tiered Deck
  • Patio
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned

Community Details

  • Cerro Vega 2 Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,580

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bi-Level
  • Estimated Year Built: 1986
  • Construction: Frame
  • Section Number: 29
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Microwave, Water Softener Owned, Washer, Dryer, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Skylights, Foyer Entrance, Mud Room, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 14x10.25, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 9.08x12.08, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 9.75x8.75, On Level: Upper Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 11.33x10.83, On Level: Lower Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: No
  • Dining Room: Dimensions: 9.83x10.25, On Level: Upper Floor, Flooring: Tile
  • Family Room: Dimensions: 18.41x20.83, On Level: Lower Floor, Flooring: Tile
  • Kitchen: Dimensions: 11.16x10.25, On Level: Upper Floor, Flooring: Tile
  • Living Room: Dimensions: 11.91x12.91, On Level: Upper Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1004
  • Estimated Below Grade Finished Sq Ft: 816
  • Estimated Below Grade Unfinished Sq Ft: 188
  • Price Per Sq Ft: 203.24
  • Range: R 10W
  • Total Finished Sf Apx: 1820

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Bay View, Sprinkler System, Balcony, Deck, Multi-Level Decking, Patio, Countryside View, Landscaped, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Number Of Acres: 1.65
  • Road: Cul-de-Sac, Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Water View, Bay View

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Paved Driveway, Heated

Utilities

  • Heating Cooling Types: Forced Air, Hot Water, Baseboard, Radiant Floor
  • Laundry: Dimensions: 12.16x9.25, On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: CERRO VEGA 2

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Wooded, Steep
  • Lot Dimensions: 98x362x263x436
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,580 $174,600 $0 $0
2024 $1,736 $161,600 $0 $0
2023 $2,393 $116,200 $0 $0
2022 $2,313 $126,500 $0 $0
2021 $2,233 $116,200 $0 $0
2020 $2,194 $112,400 $0 $0
2019 $2,204 $107,800 $0 $0
2018 $2,152 $96,100 $0 $0
2017 -- $92,300 $0 $0
2016 -- $89,800 $0 $0
2014 -- $77,800 $0 $0
2012 -- $74,830 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $369,900 -10.9% $203 / Sq Ft
07/03/2025 07/03/25 For Sale $415,000 -- $228 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed $174,000 --
Source: Public Records

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1935950

Northern Great Lakes REALTORS® MLS

APN: 03-362-033-00