NOT LISTED FOR SALE

1011 Lake Ridge Dr Unit 201 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $471,000 - $615,000

2 Beds
2 Baths
1,375 Sq Ft
$390/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $285,000 $207 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,667/month

1 Day on Market

Highlights

  • Deeded Waterfront Access Rights
  • 700 Feet of Waterfront
  • Bluff on Lot
  • Central High School Rated A-
  • Private Dock
  • Lake Privileges

About This Home

As of October 2015

One floor living located within the city limits with views of Boardman Lake. Quality and the convenience of the underground heated garage and elevator are just a few of the amenities. Beautiful Hickory wood floors added along with updating wall covering and Kitchen and Bath Faucets and shower heads. Gas fireplace, Hickory wood entrance, Living and dining, tiled kitchen and baths spacious open living and dining areas and the easy access to the water and Downtown Traverse City.

Last Agent to Sell the Property

Barb Cooper

Classic Real Estate License #6502326919 Listed on: 09/05/2015

Last Buyer's Agent

Shawn Schmidt Smith

Coldwell Banker Schmidt Traver License #6502361697

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,657

Year Built

  • Built in 2002

Lot Details

  • 700 Feet of Waterfront
  • Bluff on Lot
  • Landscaped
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,375 Sq Ft Home
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Water Views
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Assigned Parking

Accessible Home Design

  • Minimal Steps

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Lake Privileges
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, fire insurance, lawn care, liability insurance, trash removal
  • Lake Ridge Community

Amenities

  • Elevator

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,657

Year Built

Built in 2002

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary
  • Estimated Year Built: 2002
  • Construction: Brick
  • Principal Residence: Yes
  • Private Shared: Shared
  • Section Number: 10
  • Univs Design Barrier Free: Widened Doors, Extra Wide Hallways, Main Floor Access, No Steps Entry, Low Threshold Shower, Levered Door Knobs, Elevator
  • Year Updated: 2012
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Microwave, Security System, Wall Oven, Cook Top, Smoke Alarms(s)
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry, Solid Surface Counters, Island Kitchen, Formal Dining Room, Great Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 15x13, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14x11, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room: Dimensions: 11x11, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 12x11, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 16x16, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1375
  • Estimated Below Grade Finished Sq Ft: 1375
  • Price Per Sq Ft: 207.27
  • Range: R 11W
  • Total Finished Sf Apx: 1375

Exterior Features

  • Body Of Water: Boardman Lake
  • Exterior Features: Sprinkler System, Deck, Sidewalk, Landscaped
  • Exterior Finish: Brick
  • Foundation: Full, Poured Concrete, Entrance Outside, Finished Rooms, Entrance Inside
  • Road: Private Owned, Association, Privately Maintained
  • Roof: Asphalt
  • Water Features: All Sports, Water View, Private Dock, Gradual Slope to Water, Bluff (less than 10ft), Deeded Easement, Public Lake
  • Waterfront Frontage: 700

Garage/Parking

  • Driveway: Blacktop, Concrete
  • Garage Capacity: 1
  • Primary Garage: Attached, Drive Under/Built-In, Assigned Parking Space, Door Opener, Paved Driveway, Heated, Finished Rooms, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Lawn Care, Liability Insurance, Trash Removal
  • Annual Association Fees: 3120
  • Condo: Yes
  • Condo Unit Access: Elevator, Limited Steps
  • Condo Unit Level: Second Floor Level

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Lake Ridge

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 201
  • Deeded Waterfront: Yes
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2015
Closed on
Oct 9, 2015
Seller's Agent
Barb Cooper
Classic Real Estate
Buyer's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$536,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,245
Avg. Annual Appreciation
6.59%

Purchase Details

Listed on
Jul 18, 2012
Closed on
Dec 18, 2012
Seller's Agent
Charles Geer
Coldwell Banker Schmidt Traver
Buyer's Agent
Mark Fisher
Coldwell Banker Schmidt-Glen A
List Price
$244,900
Sold Price
$218,000
Premium/Discount to List
-$26,900
-10.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.01%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- $285,000 --
-- $218,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $285,000 0.0% $207 / Sq Ft
09/06/2015 09/06/15 Pending -- -- --
09/05/2015 09/05/15 For Sale $285,000 +30.7% $207 / Sq Ft
12/18/2012 12/18/12 Sold $218,000 -11.0% $159 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
07/18/2012 07/18/12 For Sale $244,900 -- $178 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History Compared to Growth

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 $5,657 $256,300 $0 $0
2024 $5,018 $210,200 $0 $0
2023 $4,668 $149,100 $0 $0
2022 $5,024 $158,500 $0 $0
2021 $4,922 $149,100 $0 $0
2020 $4,875 $148,700 $0 $0
2019 $4,859 $137,800 $0 $0
2018 $4,759 $129,000 $0 $0
2017 -- $130,300 $0 $0
2016 -- $121,600 $0 $0
2014 -- $111,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Barb Cooper

    Seller's Agent in 2015

    Barb Cooper

    Classic Real Estate

    (231) 922-3000

    24 Total Sales

    Section Image
  • Shawn Schmidt Smith

    Buyer's Agent in 2015

    Shawn Schmidt Smith

    Coldwell Banker Schmidt Traver

    (231) 499-1990

    7 in this area

    196 Total Sales

    Section Image

  • C

    Seller's Agent in 2012

    Charles Geer

    Coldwell Banker Schmidt Traver

  • M

    Buyer's Agent in 2012

    Mark Fisher

    Coldwell Banker Schmidt-Glen A

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1805969

Northern Great Lakes REALTORS® MLS

APN: 51-757-002-25

Michigan Grand Traverse County Traverse City 49684 South Traverse City

1011 Lake Ridge Dr Unit 201, Traverse City, MI

This home is located at 1011 Lake Ridge Dr Unit 201, Traverse City, MI 49684 since 05 September 2015 and is currently estimated at $536,245, approximately $389 per square foot. This property was built in 2002. 1011 Lake Ridge Dr Unit 201 is a home located in Grand Traverse County with nearby schools including Central Grade School, East Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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