NOT LISTED FOR SALE

Estimated Value: $401,346 - $499,000

2 Beds
1 Bath
917 Sq Ft
$483/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $395,000 $431 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,431/month

31 Days on Market

Highlights

  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Granite Countertops
  • Central High School Rated A-
  • Ground Level Unit
  • 3-minute walk to Lay Park

About This Home

As of November 2023

Turn-Key opportunity! This condo is being sold fully furnished allowing the next owner to utilize as an immediate Airbnb opportunity or a mixture of both, personal use and short-term rental. Maintenance free living steps away from all that Downtown Traverse City has to offer. Walk to restaurants, shops, beaches and more! Enjoy the open floor plan with spacious island kitchen, a built-in desk area and 9' ceilings. There are 2 bedrooms, one full bath and the laundry located in the hall closet. New lighting and premium vinyl plank flooring installed throughout the unit. This condo building has heated ramps and walkways for safety & convenience in the winter months. Adjacent to Old Town Parking Garage where you can obtain a parking pass (monthly or yearly).

Last Listed By

Stacy Allman

MI Properties North Real Estate Group License #6501378259 Listed on: 09/25/2023

MI Properties North Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,575

Year Built

  • Built in 2014

Lot Details

  • Landscaped
  • The community has rules related to zoning restrictions

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Cement Board or Planked

Interior Spaces

  • 917 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Rods

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Minimal Steps
  • Ground Level Unit

Community Details

  • Association fees include snow removal, lawn care, exterior maintenance, liability insurance
  • Ivy Terrace Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,575

Year Built

Built in 2014

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary
  • Estimated Year Built: 2014
  • Construction: Frame
  • Section Number: 3
  • Univs Design Barrier Free: No Steps Entry
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Blinds, Curtain Rods, Ceiling Fan, Smoke Alarms(s)
  • Interior Amenities: Granite Bath Tops, Granite Kitchen Tops, Island Kitchen
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11x11, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 2: Dimensions: 11x10, On Level: Main Floor, Flooring: Vinyl
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: On Level: Main Floor, Flooring: Vinyl
  • Kitchen: Dimensions: 15x10, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 15x14, On Level: Main Floor, Flooring: Vinyl
  • Estimated Above Ground Finished Sq Ft: 917
  • Price Per Sq Ft: 430.75
  • Range: R 10W
  • Total Finished Sf Apx: 917

Exterior Features

  • Exterior Features: Sidewalk, Landscaped
  • Exterior Finish: Cement Board
  • Foundation: Slab
  • Road: Public Maintained
  • Roof: Membrane

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Lawn Care, Exterior Maintenance, Liability Insurance
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 175

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Ivy Terrace

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Deed Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Nov 3, 2023
Sold by
Hayes Lori and Hayes Timothy
Bought by
Mendiola David
Seller's Agent
Stacy Allman
MI Properties North Real Estate Group
Buyer's Agent
Mike Petrucci
Coldwell Banker Schmidt Traver
List Price
$400,000
Sold Price
$395,000
Premium/Discount to List
-$5,000
-1.25%
Total Days on Market
31
Views
174
Current Estimated Value
$443,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,337
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Oct 20, 2017
Sold by
Niederstadt Rolland G
Bought by
Hayes Lori Niederstadt and Hayes Timothy J

Purchase Details

Listed on
Oct 1, 2013
Closed on
Jan 26, 2015
Seller's Agent
Bob Rieck
Coldwell Banker Schmidt Traver
Buyer's Agent
Jill Mikula
Keller Williams Northern Michi
List Price
$209,900
Sold Price
$209,000
Premium/Discount to List
-$900
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%

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
Mendiola David $395,000 --
Hayes Lori Niederstadt $209,000 --
-- $209,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2023 11/03/23 Sold $395,000 -1.3% $431 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $400,000 +91.4% $436 / Sq Ft
01/26/2015 01/26/15 Sold $209,000 -0.4% $228 / Sq Ft
01/01/2015 01/01/15 Pending -- -- --
10/01/2013 10/01/13 For Sale $209,900 -- $229 / 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
2024 $9,575 $180,900 $0 $0
2023 $4,205 $127,100 $0 $0
2022 $4,501 $138,800 $0 $0
2021 $4,413 $127,100 $0 $0
2020 $4,371 $126,100 $0 $0
2019 $4,356 $124,100 $0 $0
2018 $6,217 $111,000 $0 $0
2017 -- $106,800 $0 $0
2016 -- $104,400 $0 $0
2014 -- $62,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Traverse City, MI

  • 115 E Eighth St, Traverse City, MI 49684

    $460,000

    • 2 Beds
    • 1 Bath
    • 892 Sq Ft
    • 115 E Eighth St
    • Traverse City, MI

    Downtown Traverse City living at it's finest!This stunning top floor condo features gorgeous finishings, high ceilings and an abundance of windows; making this beautiful space light and airy. This third/top floor unit allows for fantastic views with a wall of windows in the family room overlooking the tree tops of 8th Street. Enjoy the vibrant buzz of Traverse City right out your front door!

    Camille Campbell Coldwell Banker Schmidt Traver

    Section Image
  • 135 E Eighth St Unit 211, Traverse City, MI 49684

    $350,000

    • 1 Bed
    • 1 Bath
    • 571 Sq Ft
    • 135 E Eighth St
    • Unit 211
    • Traverse City, MI

    Imagine yourself in the heart of Traverse City, walking to the bakery for coffee and a pastry, strolling through the abundant farmer's market, relaxing on the beach for the afternoon and catching dinner and movie without getting in the car! This classy, clean condo has everything you need including a well equipped kitchen, a pleasant living area with towering windows offering loads of natural

    Kristine Shacklette CENTURY 21 Northland

    Section Image
  • 232 Midtown Dr Unit 38, Traverse City, MI 49684

    $419,100

    • 2 Beds
    • 1.5 Baths
    • 1,182 Sq Ft
    • 232 Midtown Dr
    • Unit 38
    • Traverse City, MI

    Ideal furnished downtown condo! Walk to everything and have your own garage!! Well laid out, stylish and lots of updates! Open main living area w/wood flooring, granite counters, newer appliances and custom blinds. 2 spacious bedrooms and 1.5 baths, washer & dryer included along with all the furnishings! Ideal for your personal downtown living or a great getaway right in the heartbeat of it all!

    Dean Baker REMAX Bayshore - Union St TC

    Section Image
  • 215 Washington St Unit 2F, Traverse City, MI 49684

    $549,000

    • 1 Bed
    • 1 Bath
    • 783 Sq Ft
    • 215 Washington St
    • Unit 2F
    • Traverse City, MI

    Discover refined living in this elegant second-floor condominium at Washington Place in downtown Traverse City. Designed for both style and convenience, this condo features a beautifully appointed kitchen, a spacious, open living room with abundant natural light, ample storage, and a spa-like bath. The generous primary suite boasts multiple closets—including one with an in-unit washer and dryer.

    Jennifer Gaston REMAX Bayshore - Union St TC

    Section Image
  • 307 E Eighth St, Traverse City, MI 49684

    $479,900

    • 2 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • 307 E Eighth St
    • Traverse City, MI

    Welcome to the heart of Downtown! This fully furnished 2 bed, 2 bath condo is full of charm, character, and sun-drenched style. Enjoy the natural light pouring through oversized windows, gleaming hardwood floors, and your very own private balcony with stunning views of the Boardman River and downtown below. Step outside and you’re just a short walk to the marina, beaches, top-rated restaurants,

    Rebecca Brown The Mitten Real Estate Group

    Section Image
  • 611 Wadsworth St, Traverse City, MI 49684

    $374,900

    • 2 Beds
    • 1.5 Baths
    • 1,061 Sq Ft
    • 611 Wadsworth St
    • Traverse City, MI

    Nestled in the heart of downtown Traverse City, this charming 2-bedroom, 1.5-bath ranch home offers a perfect blend of comfort and convenience. Thoughtfully updated in 2020, the home features new windows, siding, A/C, furnace, and a beautiful Trex front deck, ensuring modern efficiency and curb appeal. The inviting living room boasts impressive lofted ceilings, creating a spacious and open

    Carly Francis CENTURY 21 Northland

    Section Image
  • 16 E Front St, Traverse City, MI 49684

    $449,000

    • 2 Beds
    • 2 Baths
    • 752 Sq Ft
    • 16 E Front St
    • Traverse City, MI

    If you have been looking for the perfect vacation home look no further. This penthouse suite with a private patio and a personal hot tub is calling your name. Located on Front Street close to everything Downtown has to offer this condo comes completely turnkey for you to immediately enjoy Traverse City this summer. If you are only looking for a part time hangout, this unit has great rental

    Sam Flamont The Mitten Real Estate Group

    Section Image
  • 14 E Front St, Traverse City, MI 49684

    $449,000

    • 2 Beds
    • 2 Baths
    • 752 Sq Ft
    • 14 E Front St
    • Traverse City, MI

    Prime location in the best summer location in the United States. If you have been looking for the perfect vacation home look no further. This penthouse suite with a private patio and a personal hot tub is calling your name. Located on Front Street close to everything Downtown has to offer this condo comes completely turnkey for you to immediately enjoy Traverse City this summer. If you are

    Sam Flamont The Mitten Real Estate Group

    Section Image
  • 713 Lake Ave Unit C, Traverse City, MI 49684

    $415,000

    • 2 Beds
    • 1.5 Baths
    • 1,008 Sq Ft
    • 713 Lake Ave
    • Unit C
    • Traverse City, MI

    Location, location, location! Nestled in the heart of Traverse City, this beautifully renovated 2-bedroom, 1.5-bathroom townhouse puts you right next to Oryana Natural Foods Market and just steps from the Boardman Lake Trail. Enjoy the perfect blend of urban convenience and outdoor adventure—walk, bike, or paddle your way through the best of TC! Inside, this home has been completely updated with

    Autumn Haag REMAX Bayshore - Union St TC

    Section Image

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1916081

Northern Great Lakes REALTORS® MLS

APN: 51-703-010-00