NOT LISTED FOR SALE

1111 Lake Ridge Dr Unit 101 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $463,000 - $625,699

2 Beds
2 Baths
1,379 Sq Ft
$409/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2025

Last sale price $585,000 $424 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,854 / mo

16 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 700 Feet of Waterfront
  • Ground Level Unit
  • Central Grade School Rated A-
  • Lake Privileges
  • Elevator

About This Home

As of March 2025

Unparalleled Location on Boardman Lake. Enjoy views of Boardman Lake from this spacious and well appointed main-floor condo, just blocks from downtown Traverse City. Offering effortless one-floor living, this unit features 2 bedrooms, 2 baths, an open floor plan, a fireplace and large windows throughout. The primary suite offers a spacious walk-in closet and ensuite bath. The large, gated, private patio is perfect for entertaining outside - and also provides a secondary direct entrance to the condo. Other features include secure underground parking with storage, an elevator, and a security entrance. The shared lakefront boasts a firepit, kayak rack, and dock. The Tart Trail runs just outside your door, providing unparalleled access to recreation. Conveniently located near downtown Traverse City’s best dining, shopping and entertainment, this condo offers the best of in-town waterfront living!

Last Agent to Sell the Property

Jennifer Gaston

REMAX Bayshore - Union St TC Listed on: 03/10/2025

REMAX Bayshore - Union St TC

Last Buyer's Agent

Ron Williamson

Century 21 Northland

Century 21 Northland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

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

HOA Fees

  • $401 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,379 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Drapes & Rods
  • Entrance Foyer
  • Water Views

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Patio

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Elevator

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

3,093 Sq Ft Lot

HOA Fees

$401 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 2001
  • Construction: Frame
  • Private Shared: Shared
  • Univs Design Barrier Free: Main Floor Access, No Steps Entry, Covered Entrance, Levered Door Knobs, Elevator
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2001

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer, Wall Oven, Cook Top, Exhaust Fan, Drapes, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Island Kitchen
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13.2x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14x11.9, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 14.7x12.8, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14.7x12.7, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 16x14, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 1379

Exterior Features

  • Body Of Water: Boardman Lake
  • Exterior Features: Sprinkler System, Patio, Sidewalk, Landscaped
  • Exterior Finish: Vinyl, Brick
  • Foundation: Slab
  • Road: Association, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, Water View
  • Waterfront Frontage: 700

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor
  • 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, Snow Removal, Trash Removal
  • Condo: Yes
  • Condo Unit Access: Elevator
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 400.84

Association/Amenities

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

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Deed Restrictions, Building-Use Restrictions

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 3,977.42
  • Winter Taxes: 506.47

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2025
Closed on
Mar 31, 2025
Sold by
Bought by
Seller's Agent
Jennifer Gaston
REMAX Bayshore - Union St TC
Buyer's Agent
Ron Williamson
Century 21 Northland
List Price
$585,000
Sold Price
$585,000
Views
25
Current Estimated Value
$563,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,575
Avg. Annual Appreciation
-2.79%

Purchase Details

Closed on
Jan 1, 2018
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2016

Purchase Details

Closed on
Sep 12, 2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$585,000 --
$240,500 --
-- --
$240,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2025 03/31/25 Sold $585,000 0.0% $424 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $585,000 -- $424 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,596 $278,800 $0 $0
2025 $4,081 $239,200 $0 $0
2024 $3,977 $204,200 $0 $0
2023 $3,700 $144,800 $0 $0
2022 $3,982 $156,900 $0 $0
2021 $3,902 $144,800 $0 $0
2020 $3,865 $144,500 $0 $0
2019 $3,851 $140,200 $0 $0
2018 $3,772 $132,200 $0 $0
2017 -- $133,500 $0 $0
2016 -- $124,700 $0 $0
2014 -- $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Gaston

    Seller's Agent in 2025

    Jennifer Gaston

    RE/MAX Michigan

    (231) 313-0591

    5 in this area

    118 Total Sales

    Jennifer Gaston
    Section Image
  • Ron Williamson

    Buyer's Agent in 2025

    Ron Williamson

    Century 21 Northland

    (866) 830-0473

    3 in this area

    65 Total Sales

    Ron Williamson
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1931331

Northern Great Lakes REALTORS® MLS

APN: 51-757-001-05

Michigan Grand Traverse County Traverse City 49684 South Traverse City

1111 Lake Ridge Dr Unit 101, Traverse City, MI

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 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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