NOT LISTED FOR SALE

1111 Lake Ridge Dr Unit 302 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $465,000 - $600,000

2 Beds
2 Baths
1,371 Sq Ft
$384/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $270,000 $197 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,575/month

37 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 700 Feet of Waterfront
  • Lake Privileges
  • Central High School Rated A-
  • Sandy Beach
  • Deck

About This Home

As of November 2016

Downtown waterfront condo with views of Boardman Lake. Top floor, corner unit (accessible via elevator or stairs) maximizes water views and natural lighting. Walk and bike to downtown Traverse City, beaches, restaurants, shopping, festivals. Enjoy the non-vehicular TART trail and sandy beach area just steps away. Condo features main-floor living, open floor plan, large private master suite, fireplace, and breathtaking sunrises over Boardman Lake

Last Agent to Sell the Property

Lisa Rossi

The Leelanau Group Real Estate License #6502432228 Listed on: 10/03/2016

Last Buyer's Agent

Jules Yates

REMAX Bayshore - Union St TC License #6502357921

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,764

Year Built

  • Built in 2001

Lot Details

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

Home Design

  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,371 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Drive Under Main Level

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Deck

Additional Features

  • Ground Level Unit
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Lake Ridge Community

Amenities

  • Common Area
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,764

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2001
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 10
  • Univs Design Barrier Free: Elevator, Main Floor Access
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2001

Interior Features

  • Appliances Equipment: Refrigerator, Dishwasher, Microwave, Washer, Dryer, Wall Oven
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry, Island Kitchen, Mud Room, Great Room, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 16x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 13x10, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 20x11, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1371
  • Price Per Sq Ft: 196.94
  • Range: R 12W
  • Total Finished Sf Apx: 1371

Exterior Features

  • Body Of Water: Boardman Lake
  • Exterior Features: Sprinkler System, Deck, Sidewalk
  • Exterior Finish: Vinyl
  • Foundation: Poured Concrete
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, Sandy Bottom
  • Waterfront Frontage: 700

Garage/Parking

  • Driveway: Blacktop, Concrete
  • Garage Capacity: 1
  • Primary Garage: Attached, Drive Under/Built-In, Heated

Utilities

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

Condo/Co-op/Association

  • Condo: Yes
  • Condo Unit Access: Elevator
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Amenities: Common Area, Lake Privileges, Pets Allowed
  • Development Name: Lake Ridge

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • 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
Oct 3, 2016
Closed on
Nov 16, 2016
Seller's Agent
Lisa Rossi
The Leelanau Group Real Estate
Buyer's Agent
Jules Yates
REMAX Bayshore - Union St TC
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$526,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,342
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Jul 18, 2016

Purchase Details

Closed on
Nov 24, 2010
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
-- $270,000 --
-- -- --
-- $220,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $270,000 0.0% $197 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $270,000 -- $197 / 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 $8,764 $237,700 $0 $0
2024 $8,097 $217,700 $0 $0
2023 $7,595 $151,500 $0 $0
2022 $7,838 $163,400 $0 $0
2021 $7,649 $151,500 $0 $0
2020 $7,565 $151,200 $0 $0
2019 $7,502 $139,700 $0 $0
2018 $7,341 $130,900 $0 $0
2017 -- $132,300 $0 $0
2016 -- $123,600 $0 $0
2014 -- $106,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Rossi

    Seller's Agent in 2016

    Lisa Rossi

    The Leelanau Group Real Estate

    (231) 499-9198

    127 Total Sales

    Lisa Rossi
    Section Image
  • Jules Yates

    Buyer's Agent in 2016

    Jules Yates

    RE/MAX Michigan

    (231) 642-9888

    5 in this area

    233 Total Sales

    Jules Yates
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1823894

Northern Great Lakes REALTORS® MLS

APN: 51-757-001-11

Michigan Grand Traverse County Traverse City 49684 South Traverse City

1111 Lake Ridge Dr Unit 302, Traverse City, MI

This home is located at 1111 Lake Ridge Dr Unit 302, Traverse City, MI 49684 since 03 October 2016 and is currently estimated at $526,342, approximately $383 per square foot. This property was built in 2001. 1111 Lake Ridge Dr Unit 302 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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