NOT LISTED FOR SALE

Estimated Value: $388,000 - $564,000

2 Beds
1 Bath
917 Sq Ft
$507/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $210,390 $229 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,087/month

246 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Forced Air Heating and Cooling System
  • Central High School Rated A-
  • Elevator
  • 2-minute walk to Union Street Dam Park

About This Home

As of August 2014

Downtown Traverse City's newest luxurious, affordable condo development built by Socks Construction. Within walking distance to all the best dining, beaches, theaters and culture that Traverse City has to offer. Two bedroom Ranch Style 3rd level (same level as the catwalk from parking deck) condo is Energy Star qualified and built with timeless craftsmanship. Some of the many amenities include Granite countertops, tile back splash, hardwood floors, ceramic tile & 9 FT ceilings. Interior photos are of model unit. Ready for occupancy Spring/Summer 2014.

Last Agent to Sell the Property

Bob Rieck

Coldwell Banker Schmidt Traver License #6501335328 Listed on: 10/01/2013

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,337

Year Built

  • Built in 2013

Lot Details

  • The community has rules related to zoning restrictions

Home Design

  • 917 Sq Ft Home
  • Contemporary Architecture
  • Ranch Style House
  • Slab Foundation
  • Membrane Roofing
  • Cement Board or Planked

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,337

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Contemporary, 1 Story
  • Estimated Year Built: 2013
  • Construction: Block
  • Section Number: 3
  • Year Updated: 2013
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2013

Interior Features

  • Appliances Equipment: Dishwasher, Microwave
  • Interior Amenities: Granite Kitchen Tops, Solid Surface Counters
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room: On Level: Main Floor, Flooring: None
  • Kitchen: Dimensions: 15.06x10.00, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15.06x14.00, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 917
  • Price Per Sq Ft: 229.43
  • Range: R 10W
  • Total Finished Sf Apx: 917

Exterior Features

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

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal, Trash Removal
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Outdoor)
  • Condo Unit Level: Third Floor Lvl or Higher

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

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2013
Closed on
Aug 15, 2014
Seller's Agent
Bob Rieck
Coldwell Banker Schmidt Traver
List Price
$209,900
Sold Price
$210,390
Premium/Discount to List
$490
0.23%
Current Estimated Value
$465,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,736
Avg. Annual Appreciation
7.37%
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
-- $210,400 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $210,390 +0.2% $229 / Sq Ft
06/04/2014 06/04/14 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
2025 $7,337 $188,300 $0 $0
2024 $6,794 $192,900 $0 $0
2023 $6,377 $133,700 $0 $0
2022 $6,565 $143,300 $0 $0
2021 $6,410 $133,700 $0 $0
2020 $6,340 $130,000 $0 $0
2019 $6,288 $127,400 $0 $0
2018 $6,158 $114,100 $0 $0
2017 -- $109,900 $0 $0
2016 -- $104,700 $0 $0
2014 -- $62,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1776947

Northern Great Lakes REALTORS® MLS

APN: 51-703-013-00