NOT LISTED FOR SALE

1122 Lake Ridge Dr Unit 205 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $439,000 - $501,692

2 Beds
2 Baths
1,189 Sq Ft
$397/Sq Ft Est. Value

Last Sold February 10, 2020

Last sale price $279,900 $235 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,327/month

156 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 700 Feet of Waterfront
  • Elevator
  • Central High School Rated A-
  • Lake Privileges
  • Balcony

About This Home

As of February 2020

RARE Lake Ridge Condo! Located steps from the Boardman Lake Trail and access to downtown Traverse City, this beautiful 2 bedroom 2 bath condo has it all: An open floor plan, Large master suite with private bath and walk-in closet, Secure underground parking with dedicated storage space, elevator access, and 700 feet of shared frontage on Boardman Lake! This condo is move in ready and is waiting for you today!

Last Agent to Sell the Property

Jamie Grace

CENTURY 21 Northland License #6501371829 Listed on: 08/29/2019

CENTURY 21 Northland

Last Buyer's Agent

Maureen Penfold

REMAX Bayshore - Union St TC License #6501239126

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,881

Year Built

  • Built in 2005

Lot Details

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

HOA Fees

  • $251 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,189 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Drive Under Main Level

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Balcony
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • Association fees include exterior maintenance, 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

$5,881

Year Built

Built in 2005

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2005
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Shared
  • Section Number: 7
  • Year Updated: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Drapes, Curtain Rods, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Walk-In Closet(s), Pantry, Island Kitchen
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 17.46x12.10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13.65x10.30, 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
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: ComboxCombo, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 13.90x10.35, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 23.21x19.20, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1189
  • Price Per Sq Ft: 235.41
  • Range: R 11W
  • Total Finished Sf Apx: 1189

Exterior Features

  • Body Of Water: Boardman Lake
  • Exterior Features: Balcony, Sidewalk, Handicap Access, Landscaped, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Poured Concrete
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Public Lake
  • Waterfront Frontage: 700

Garage/Parking

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

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Tile
  • Sewer: Municipal
  • Tv Service Internet Avail: Antenna, Cable TV, DSL, Cable Internet, Dish TV, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Indoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 251

Association/Amenities

  • Development Amenities: Lake Privileges, Pets Allowed, Common Area
  • 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
Aug 29, 2019
Closed on
Feb 10, 2020
Sold by
Hyslop Tyne E
Bought by
Laubhan John and Laubhan Laura
Seller's Agent
Jamie Grace
CENTURY 21 Northland
Buyer's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
List Price
$294,900
Sold Price
$279,900
Premium/Discount to List
-$15,000
-5.09%
Current Estimated Value
$472,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,466
Avg. Annual Appreciation
9.38%

Purchase Details

Closed on
Sep 26, 2014

Purchase Details

Closed on
Mar 4, 2013

Purchase Details

Closed on
Jun 22, 2011

Purchase Details

Closed on
Oct 11, 2010

Purchase Details

Closed on
Sep 3, 2010

Purchase Details

Closed on
Apr 9, 2010

Purchase Details

Closed on
Mar 17, 2010

Purchase Details

Closed on
Jun 9, 2006
Source: Public Records

Range of Values:

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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
Laubhan John $279,900 --
-- $169,900 --
-- $142,000 --
-- -- --
-- $117,500 --
-- $102,900 --
-- -- --
-- $116,400 --
-- $145,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2020 02/10/20 Sold $279,900 -3.4% $235 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
10/24/2019 10/24/19 Price Changed $289,900 -1.7% $244 / Sq Ft
08/29/2019 08/29/19 For Sale $294,900 +107.7% $248 / Sq Ft
09/05/2012 09/05/12 Sold $142,000 -11.0% $119 / Sq Ft
08/12/2012 08/12/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $159,500 -- $134 / 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 $5,881 $206,100 $0 $0
2024 $5,217 $197,800 $0 $0
2023 $4,853 $137,800 $0 $0
2022 $5,223 $143,700 $0 $0
2021 $5,117 $137,800 $0 $0
2020 $3,322 $137,500 $0 $0
2019 $3,310 $130,300 $0 $0
2018 $3,242 $96,800 $0 $0
2017 -- $97,800 $0 $0
2016 -- $91,700 $0 $0
2014 -- $82,100 $0 $0
2012 -- $75,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jamie Grace

    Seller's Agent in 2020

    Jamie Grace

    CENTURY 21 Northland

    (231) 629-0623

    4 in this area

    84 Total Sales

    Section Image
  • Maureen Penfold

    Buyer's Agent in 2020

    Maureen Penfold

    RE/MAX Michigan

    (231) 883-3133

    82 Total Sales

    Section Image
  • Andy Stireman

    Seller's Agent in 2012

    Andy Stireman

    Coldwell Banker Schmidt Traver

    (231) 883-1361

    3 Total Sales

    Section Image
  • Bill Stireman

    Buyer's Agent in 2012

    Bill Stireman

    Coldwell Banker Schmidt Traver

    (231) 357-9231

    1 in this area

    140 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1866775

Northern Great Lakes REALTORS® MLS

APN: 51-757-003-41

Michigan Grand Traverse County Traverse City 49684 South Traverse City

1122 Lake Ridge Dr Unit 205, Traverse City, MI

This home is located at 1122 Lake Ridge Dr Unit 205, Traverse City, MI 49684 since 29 August 2019 and is currently estimated at $472,423, approximately $397 per square foot. This property was built in 2005. 1122 Lake Ridge Dr Unit 205 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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