NOT LISTED FOR SALE

1122 Lake Ridge Dr Unit 302 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $458,000 - $518,752

2 Beds
2 Baths
1,172 Sq Ft
$415/Sq Ft Est. Value

Last Sold December 21, 2021

Last sale price $370,000 $316 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,608/month

3 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 December 2021

Nicely updated top floor condo at Lake Ridge with views from nearly every room. Just steps from Boardman Lake and within walking and biking distance to Downtown Traverse City. This beautiful 2 bedroom, 2 bath condo has a balcony overlooking the water and features an open floor plan, spacious updated kitchen with breakfast bar, master bedroom suite with walk in closet, built in desk area and bathroom with walk in shower. Underground secure parking, storage area with elevator access and kayak storage at the lake. Shared Boardman Lake waterfront and the Boardman Trail.

Last Agent to Sell the Property

Christina Ingersoll

REMAX Bayshore - Union St TC License #6501279134 Listed on: 11/30/2021

REMAX Bayshore - Union St TC

Last Buyer's Agent

Kim Costanza

Traverse Real Estate License #6501374812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,048

Year Built

  • Built in 2005

Lot Details

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

HOA Fees

  • $264 Monthly HOA Fees

Property Views

  • Water Views
  • Countryside Views

Home Design

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

Interior Spaces

  • 1,172 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,048

Year Built

Built in 2005

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 2005
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 7
  • Year Updated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 17.5x12..0, On Level: Main Floor
  • Bedroom 2: Dimensions: 13.7x10.2, On Level: Main Floor
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: Combox13.6, On Level: Main Floor
  • Kitchen: Dimensions: 9x19.6, On Level: Main Floor
  • Living Room: Dimensions: 24.7xCombo, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 1172
  • Price Per Sq Ft: 315.7
  • Range: R 11W
  • Total Finished Sf Apx: 1172

Exterior Features

  • Body Of Water: Boardman Lake
  • Exterior Features: Deck, Sidewalk, Countryside View, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Poured Concrete, Entrance Inside
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, Water View, Sandy Bottom
  • Waterfront Frontage: 700

Garage/Parking

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

Utilities

  • 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, Lawn Care, Snow Removal, Trash Removal
  • Annual Association Fees: 3168
  • Condo: Yes
  • Condo Unit Access: Elevator
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Annual

Association/Amenities

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

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • 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
May 29, 2015
Closed on
Sep 9, 2015
Seller's Agent
Michael Mitchell
REO-TCRandolph-233022
Buyer's Agent
Aric Browning
Coldwell Banker Schmidt-522
List Price
$226,900
Sold Price
$215,000
Premium/Discount to List
-$11,900
-5.24%
Current Estimated Value
$473,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,045
Avg. Annual Appreciation
8.01%

Purchase Details

Listed on
Aug 14, 2014
Closed on
Oct 10, 2014
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Lisa Rossi
The Leelanau Group Real Estate
List Price
$212,500
Sold Price
$212,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%

Purchase Details

Closed on
Jun 20, 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
-- $215,000 --
-- $212,500 --
-- $160,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2021 12/21/21 Sold $370,000 +7.2% $316 / Sq Ft
11/30/2021 11/30/21 For Sale $345,000 +60.5% $294 / Sq Ft
09/09/2015 09/09/15 Sold $215,000 -5.2% $183 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
05/29/2015 05/29/15 For Sale $226,900 +6.8% $194 / Sq Ft
10/13/2014 10/13/14 Sold $212,500 0.0% $181 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $212,500 -- $181 / 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 $9,048 $204,400 $0 $0
2024 $8,359 $198,900 $0 $0
2023 $7,841 $137,900 $0 $0
2022 $8,092 $147,700 $0 $0
2021 $7,007 $137,900 $0 $0
2020 $6,930 $137,600 $0 $0
2019 $6,872 $130,400 $0 $0
2018 $6,724 $123,100 $0 $0
2017 -- $124,400 $0 $0
2016 -- $116,400 $0 $0
2014 -- $92,700 $0 $0
2012 -- $86,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Ingersoll

    Seller's Agent in 2021

    Christina Ingersoll

    RE/MAX Michigan

    (231) 883-4921

    8 in this area

    409 Total Sales

    Section Image
  • Kim Costanza

    Buyer's Agent in 2021

    Kim Costanza

    Traverse Real Estate

    (727) 452-2572

    1 in this area

    36 Total Sales

    Section Image
  • Michael Mitchell

    Seller's Agent in 2015

    Michael Mitchell

    Real Estate One

    (231) 645-2323

    50 Total Sales

    Section Image

  • A

    Buyer's Agent in 2015

    Aric Browning

    Coldwell Banker Schmidt-522

    Section Image
  • Mark Hagan

    Seller's Agent in 2014

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    10 in this area

    396 Total Sales

    Section Image
  • Lisa Rossi

    Buyer's Agent in 2014

    Lisa Rossi

    The Leelanau Group Real Estate

    (231) 499-9198

    137 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1895323

Northern Great Lakes REALTORS® MLS

APN: 51-757-003-44

Michigan Grand Traverse County Traverse City 49684 South Traverse City

1122 Lake Ridge Dr Unit 302, Traverse City, MI

This home is located at 1122 Lake Ridge Dr Unit 302, Traverse City, MI 49684 since 30 November 2021 and is currently estimated at $486,938, approximately $415 per square foot. This property was built in 2005. 1122 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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