Sold
Last Sold Price
2 beds1,116 sqft

40 Mathison Road South, Traverse City, MI 49686

CondoProperty Type
1975Year Built
$143/sq ftPrice per sq ft
$2,940/yrHOA Fees
1 carParking Spaces

Description

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.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.
  • Listed by: Janel Brown 231.313.1922 janelbrownrealtor@charter.net • REO-TCFront-233021
Listing closed: 05/01/2019 12:00 AM • Source: Realcomp, MLS#: 78001188497
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Recent comparable sales

Median sold price

$229,000

Avg days on market

29

Sale-to-list ratio

102.1%

Traverse City, MI

9 comparable properties found

$210,000 | 227 Fair Street, Unit 2, Traverse City, MI 49686
1/38
1

$210,000

Sold 11/20/24

2
Bedrooms
895
Square Feet
Unavailable
Acres
$218,500 | 209 Fair Street, Unit 2, Traverse City, MI 49686
1/20
2

$218,500

Sold 05/28/26

2
Bedrooms
896
Square Feet
Unavailable
Acres
$218,500 | 209 Fair Street, Traverse City, MI 49686
1/20
3

$218,500

Sold 05/28/26

2
Bedrooms
896
Square Feet
Unavailable
Acres
$220,000 | 119 Fair Street, Unit 5, Traverse City, MI 49686
1/30
4

$220,000

Sold 11/26/25

2
Bedrooms
896
Square Feet
Unavailable
Acres
$260,100 | 217 Fair Street, Traverse City, MI 49686
1/50
5

$260,100

Sold 08/05/26

2
Bedrooms
904
Square Feet
Unavailable
Acres
$229,000 | 129 Fair Street, Traverse City, MI 49686
1/22
6

$229,000

Sold 06/20/25

2
Bedrooms
896
Square Feet
Unavailable
Acres
$229,000 | 129 Fair Street, Unit 10, Traverse City, MI 49686
1/22
7

$229,000

Sold 06/20/25

2
Bedrooms
896
Square Feet
Unavailable
Acres
$276,000 | 129 Fair Street, Unit 7, Traverse City, MI 49686
1/23
8

$276,000

Sold 06/04/25

2
Bedrooms
896
Square Feet
Unavailable
Acres
$310,000 | 7159 Cherrywood Court, Traverse City, MI 49686
1/45
9

$310,000

Sold 03/07/25

2
Bedrooms
1,090
Square Feet
Unavailable
Acres

Location

Listing Courtesy of REO-TCFront-233021

Sold By REMAX Bayshore - W Bay Shore Dr TC

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Payment Calculator

$1,319 per month

30 year fixed, 7.03% Interest

Principal and Interest

$854

Property Taxes

$220

HOA Dues

$245

The Payment Calculator is for illustrative purposes only.
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Property Information for 40 Mathison Road South

Property Details

  • MLS Type: Residential / Condominium
  • Subdivision Name: Cherrywood Commons
  • Architectural Style: Ranch
  • Waterfront: No
  • Zoning Description: Residential

Building Information

  • Building/Complex: 40 Mathison Rd S
  • Year Built: 1975

Summary

Location and General Information
  • Directions: Center Road (M-37 N) to Mathison Dr.
  • Latitude: 44.789241
  • Longitude: -85.575654
  • MLS Area Major: Peninsula Twp (28011)
Taxes and HOA
  • Association Fee: $2,940.00
  • Parcel Number: 281145100100
  • Tax Legal Description: APARTMENT 1 CHERRYWOOD COMMONS CONDOMINIUM PLAT NO. 4
  • Association Fee Frequency: Annually
  • Association Fee Includes: Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
  • Association: Yes
School Information
  • High School District: Traverse City
Parking
  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Garage: Yes
  • Parking Features: One Car Garage, Attached, Garage, Garage Door Opener

Property

Lot Information
  • Lot Features: Sprinklers
Property and Assessments
  • State Equalized Value: 54200.0
  • Living Area: 1116.0
  • Building Area Total: 1241.0
  • Above Grade Finished Area: 864.0
  • Below Grade Finished Area: 252.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 377.0
  • Class Name: Residential
  • Year Built: 1975
Building Features
  • Accessibility Features: Accessible Entrance
  • Construction Materials: Other
  • Foundation Details: Basement, Block
  • Levels: One
  • Stories Total: 1
Utilities
  • Sewer: Shared Septic
  • Utilities: Cable Available
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Bathrooms Total Notational: 1.0
  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Range, Washer
  • Basement: Block, Partial, Partially Finished
  • Has Basement: Yes
  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Cooling: Ceiling Fans, Central Air
  • Has Cooling: Yes
  • Fireplace: No
  • Heating: Forced Air, Natural Gas
  • Has Heating: Yes
  • Interior Features: Pantry
  • Laundry Features: Main Level
  • Main Level Bathrooms: 1
  • Rooms Total: 6
Exterior Features
  • Association Amenities: Maintenance Grounds
  • Patio And Porch Features: Patio

Room Information

Room 1
  • Room Description: Carpet
  • Room Dimensions: 12x9
  • Room Length: 12.0
  • Room Width: 9.0
  • Room Level: Main
  • Room Type: Bedroom 1
Room 2
  • Room Description: Carpet
  • Room Dimensions: 12x8
  • Room Length: 12.0
  • Room Width: 9.0
  • Room Flooring: Carpet
  • Room Level: Main
  • Room Type: Bedroom 2
Room 3
  • Room Dimensions: 11x8
  • Room Length: 12.0
  • Room Width: 8.0
  • Room Flooring: Carpet
  • Room Level: Main
  • Room Type: Kitchen
Room 4
  • Room Description: Carpet
  • Room Dimensions: 25
  • Room Length: 13.0
  • Room Flooring: Carpet
  • Room Level: Main
  • Room Type: Living Room
Room 5
  • Room Length: 25.0
  • Room Flooring: Carpet
  • Room Level: Main
  • Room Type: Laundry
Room 6
  • Room Description: Carpet
  • Room Dimensions: 13
  • Room Length: 11.0
  • Room Width: 8.0
  • Room Flooring: Vinyl
  • Room Level: Main
  • Room Type: Dining Room
Room 7
  • Room Level: Main
  • Room Type: Laundry

Agent

Sale and Listings
  • Public GLR Website: Yes

Property History for 40 Mathison Road South

DateEvent & SourcePriceAppreciation
May 1, 2019

Sold

Realcomp #78001188497

$159,900—
May 1, 2019

Sold

MiRealSource #1188497

$159,900—
Apr 29, 2019

Contract Signed

Realcomp #78001188497

—
DateEvent & SourcePrice
05/01/2019

Sold

Realcomp #78001188497

$159,900
05/01/2019

Sold

MiRealSource #1188497

$159,900
04/29/2019

Contract Signed

Realcomp #78001188497

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

40 Mathison Road South

Beds

0

Baths

1

Stories

1

Lot Size

780 SqFt

Style

Condominium

County

GRAND TRAVERSE

Schools near 40 Mathison Road South

This home is within Traverse City Area Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 8 to 12
Public - 9 to 12
Rating
School
Distance
Eastern Elementary School
PublicPK to 5

East Middle School
Public6 to 8

Central High School
Public8 to 12

Traverse City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REO-TCFront-233021

IDX provided courtesy of Realcomp II Ltd. via Compass and its related brokerages. Copyright 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The data relating to real estate properties on this website was last updated on 12/10/2023 12:49 AM PST