NOT LISTED FOR SALE

1011 Lake Ridge Dr Unit 202 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $516,000 - $585,000

3 Beds
2 Baths
1,510 Sq Ft
$366/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $220,000 $146 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $3,466/month

660 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 700 Feet of Waterfront
  • 9.65 Acre Lot
  • Central High School Rated A-
  • Sandy Beach
  • Colonial Architecture

About This Home

As of April 2012

In-Town condo... walking distance to downtown resting on the shores of Boardman Lake. This 3 bedroom 2 bath unit is located on the second floor with a deck overlooking the water. Underground heated parking for convenience and safety with a extra locked storage unit. Community Dock and close to the TART trail system for walking and biking.

Last Agent to Sell the Property

Barb Cooper

Classic Real Estate License #6502138633 Listed on: 06/03/2010

Last Buyer's Agent

Andy Stireman

Coldwell Banker Schmidt Traver License #6501239377

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,726

Year Built

  • Built in 2003

Lot Details

  • 9.65 Acre Lot
  • 700 Feet of Waterfront
  • Sandy Beach
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 1,510 Sq Ft Home
  • Gas Fireplace
  • Entrance Foyer
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Private Driveway
  • Assigned Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Recreation

  • Water Sports

Additional Features

  • Lake Ridge Community
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,726

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Colonial
  • Estimated Year Built: 2003
  • Construction: Brick
  • Private Shared: Shared
  • Section Number: 10
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s)
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Estimated Above Ground Finished Sq Ft: 1510
  • Estimated Below Grade Finished Sq Ft: 100
  • Price Per Sq Ft: 145.7
  • Total Finished Sf Apx: 1510

Exterior Features

  • Body Of Water: Boardman Lake
  • Exterior Features: Sprinkler System, Balcony
  • Exterior Finish: Vinyl, Stucco/Drivit
  • Foundation: Full, Poured Concrete, Daylight Windows, Entrance Outside, Finished Rooms
  • Number Of Acres: 9.65
  • Road: Private Owned, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Water View, Sandy Bottom, Sandy Shoreline
  • Waterfront Frontage: 700

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 1
  • Primary Garage: Attached, Assigned Parking Space, Door Opener, Paved Driveway, Heated

Utilities

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

Condo/Co-op/Association

  • Condo: Yes
  • Condo Unit Access: Elevator

Association/Amenities

  • Development Amenities: Community Dock
  • Development Name: Lake Ridge

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: 9.65 Acres
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2010
Closed on
May 2, 2012
Seller's Agent
Barb Cooper
Classic Real Estate
Buyer's Agent
Andy Stireman
Coldwell Banker Schmidt Traver
List Price
$289,000
Sold Price
$220,000
Premium/Discount to List
-$69,000
-23.88%
Total Days on Market
660
Current Estimated Value
$548,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,500
Avg. Annual Appreciation
6.74%
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
-- $220,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2012 04/30/12 Sold $220,000 -23.9% $146 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
06/03/2010 06/03/10 For Sale $289,000 -- $191 / 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 $5,726 $276,800 $0 $0
2024 $5,080 $230,600 $0 $0
2023 $4,726 $171,000 $0 $0
2022 $5,086 $171,900 $0 $0
2021 $4,983 $171,000 $0 $0
2020 $4,898 $170,000 $0 $0
2019 $4,882 $157,300 $0 $0
2018 $4,781 $146,400 $0 $0
2017 -- $147,900 $0 $0
2016 -- $138,200 $0 $0
2014 -- $128,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Barb Cooper

    Classic Real Estate

    Section Image
  • Andy Stireman

    Buyer's Agent in 2012

    Andy Stireman

    Coldwell Banker Schmidt Traver

    (231) 883-1361

    3 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1716933

Northern Great Lakes REALTORS® MLS

APN: 51-757-002-21

Michigan Grand Traverse County Traverse City 49684 South Traverse City

1011 Lake Ridge Dr Unit 202, Traverse City, MI

This home is located at 1011 Lake Ridge Dr Unit 202, Traverse City, MI 49684 since 03 June 2010 and is currently estimated at $552,035, approximately $365 per square foot. This property was built in 2003. 1011 Lake Ridge Dr Unit 202 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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