NOT LISTED FOR SALE

1122 Lake Ridge Dr Unit 202 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $458,000 - $492,822

2 Beds
2 Baths
1,171 Sq Ft
$403/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $220,000 $188 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,082/month

231 Days on Market

Highlights

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

About This Home

As of March 2016

Immaculate in-town condo with shared frontage on Boardman Lake! This bright and open layout has 2 bedrooms, 2 baths and over 1100 square feet. Features include: hickory floors, large windows, and kitchen with maple cabinets, granite counters, & stainless steel appliances. Large master bedroom with private bathroom, walk-in closet area. Enjoy the patio with deck overlooking neighborhood and lake! Has 700' shared frontage w/dock, and canoe/kayak storage area. Heated underground parking, storage area, and lobby w/elevator. You can see the TART trail and Lake from your window and are just minutes to downtown TC.

Last Agent to Sell the Property

Cherie Robinson

CENTURY 21 Northland License #6501317057 Listed on: 06/20/2015

CENTURY 21 Northland

Last Buyer's Agent

Bruce Mercier

Key Realty One-TC License #6501270427

Key Realty One-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,344

Year Built

  • Built in 2005

Lot Details

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

HOA Fees

  • $202 Monthly HOA Fees

Home Design

  • 1,171 Sq Ft Home
  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

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

Amenities

  • Common Area
  • Elevator

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,344

Year Built

Built in 2005

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary
  • Estimated Year Built: 2005
  • Construction: Brick
  • Private Shared: Shared
  • Section Number: 10
  • Univs Design Barrier Free: No Steps Entry, Covered Entrance, Ramped Entrance, Raised Toilet
  • Year Updated: 2014
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Walk-In Closet(s), Pantry, Granite Kitchen Tops, Intercom
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12x17, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x13, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 10x14, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 10x14, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 14x18, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1171
  • Price Per Sq Ft: 187.87
  • Range: R 10W
  • Total Finished Sf Apx: 1171

Exterior Features

  • Body Of Water: Boardman Lake
  • Exterior Features: Sprinkler System, Balcony, Deck, Sidewalk, Landscaped
  • Exterior Finish: Vinyl, Brick
  • Foundation: Poured Concrete
  • Road: Association
  • Roof: Asphalt
  • Water Features: All Sports
  • Waterfront Frontage: 700

Garage/Parking

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

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Laminate
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Annual Association Fees: 2424
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Indoor)

Association/Amenities

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

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo
  • 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
Jun 20, 2015
Closed on
Mar 18, 2016
Seller's Agent
Cherie Robinson
CENTURY 21 Northland
Buyer's Agent
Bruce Mercier
Key Realty One-TC
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Current Estimated Value
$459,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,958
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Aug 23, 2006
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 --
-- $168,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $220,000 -6.4% $188 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
06/20/2015 06/20/15 For Sale $235,000 -- $201 / 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 $4,344 $204,400 $0 $0
2024 $3,853 $196,200 $0 $0
2023 $3,585 $136,600 $0 $0
2022 $3,858 $142,700 $0 $0
2021 $3,780 $136,600 $0 $0
2020 $3,744 $136,300 $0 $0
2019 $3,731 $129,100 $0 $0
2018 $3,654 $96,200 $0 $0
2017 -- $97,100 $0 $0
2016 -- $91,100 $0 $0
2014 -- $87,700 $0 $0
2012 -- $78,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cherie Robinson

    CENTURY 21 Northland

    (231) 620-0452

    1 in this area

    14 Total Sales

    Section Image

  • B

    Buyer's Agent in 2016

    Bruce Mercier

    Key Realty One-TC

    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1802044

Northern Great Lakes REALTORS® MLS

APN: 51-757-003-38

Michigan Grand Traverse County Traverse City 49684 South Traverse City

1122 Lake Ridge Dr Unit 202, Traverse City, MI

This home is located at 1122 Lake Ridge Dr Unit 202, Traverse City, MI 49684 since 20 June 2015 and is currently estimated at $471,706, approximately $402 per square foot. This property was built in 2005. 1122 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.

Nearby Homes