NOT LISTED FOR SALE

115 E 8th St Unit 16 Traverse City, MI 49684

Downtown Traverse City Neighborhood

Estimated Value: $404,000 - $588,000

2 Beds
1 Bath
892 Sq Ft
$539/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $245,000 $275 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,291/month

83 Days on Market

Highlights

  • Public Water Access
  • Contemporary Architecture
  • Granite Countertops
  • Central High School Rated A-
  • Cathedral Ceiling
  • 2-minute walk to Union Street Dam Park

About This Home

As of October 2017

Downtown Traverse City living at it's finest!This stunning 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 of the city 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! Shopping, restaurants, music, beaches, Grand Traverse Bay and the Boardman River. This condo is fully equipped for a care free lifestyle; offering stainless steel appliances, full size stackable washer and dryer, built in desk/work area, hardwood floors, cozy fireplace, granite kitchen and bath and even heated walkways to your home! Don't miss out on this amazing and affordable in-town unit!!

Last Agent to Sell the Property

Elizabeth Hunter Placek

Five Star Real Estate - Front St TC License #6501379978 Listed on: 06/13/2017

Last Buyer's Agent

Elizabeth Hunter Placek

Five Star Real Estate - Front St TC License #6501379978 Listed on: 06/13/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,962

Year Built

  • Built in 2014

Lot Details

  • 5,271

HOA Fees

  • $154 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

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

Interior Spaces

  • 892 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Electric Fireplace
  • Drapes & Rods
  • Blinds

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Public Water Access
  • The community has rules related to zoning restrictions

Community Details

Overview

  • Association fees include liability insurance, snow removal, trash removal
  • Ivy Terrace Condos Community

Amenities

  • Common Area
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,962

Year Built

Built in 2014

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, 1 Story
  • Estimated Year Built: 2014
  • Construction: Frame
  • Principal Residence: Yes
  • Section Number: 16
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2014

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Drapes
  • Interior Amenities: Cathedral Ceilings, Pantry, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11'2"x11'2", On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 11'2"x10'2", On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 15'6"x10'2", On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15'6"x14'2", On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 892
  • Price Per Sq Ft: 274.66
  • Range: R 11W
  • Total Finished Sf Apx: 892

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Finish: Cement Board
  • Foundation: Slab
  • Road: Public Maintained
  • Roof: Membrane
  • Water Features: Near Pub.Access w/in 500'

Garage/Parking

  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Electric, Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Wood
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Liability Insurance, Snow Removal, Trash Removal
  • Annual Association Fees: 1848
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Outdoor)
  • Condo Unit Level: Third Floor Lvl or Higher

Association/Amenities

  • Development Amenities: Common Area, Pets Allowed
  • Development Name: Ivy Terrace Condos

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • 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

Closed on
Sep 20, 2022
Sold by
Harris Michael E and Harris Deborah
Bought by
Ghavami Navid and Liebknecht Julie
Current Estimated Value
$480,432

Purchase Details

Listed on
Jun 13, 2017
Closed on
Oct 11, 2017
Sold by
Schmaltz Michelle A
Bought by
Harris Michael E and Harris Deborah S
Seller's Agent
Elizabeth Hunter Placek
Five Star Real Estate - Front St TC
Buyer's Agent
Elizabeth Hunter Placek
Five Star Real Estate - Front St TC
List Price
$263,000
Sold Price
$245,000
Premium/Discount to List
-$18,000
-6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%

Purchase Details

Listed on
May 17, 2016
Closed on
Sep 23, 2016
Seller's Agent
Amy Green
REO-TCRandolph-233022
Buyer's Agent
Gilbert Webb
Serbin Real Estate
List Price
$249,500
Sold Price
$245,000
Premium/Discount to List
-$4,500
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%

Purchase Details

Closed on
Nov 18, 2014

Purchase Details

Listed on
Oct 1, 2013
Closed on
Jun 10, 2014
Seller's Agent
Bob Rieck
Coldwell Banker Schmidt Traver
Buyer's Agent
Amy Green
REO-TCRandolph-233022
List Price
$213,900
Sold Price
$212,825
Premium/Discount to List
-$1,075
-0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
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
Ghavami Navid $485,000 --
Harris Michael E $245,000 --
-- $245,000 --
-- -- --
-- $212,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2017 10/11/17 Sold $245,000 -6.8% $275 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $263,000 +7.3% $295 / Sq Ft
09/23/2016 09/23/16 Sold $245,000 -1.8% $275 / Sq Ft View Prior Sale
08/11/2016 08/11/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $249,500 +17.2% $280 / Sq Ft
06/10/2014 06/10/14 Sold $212,825 -0.5% $232 / Sq Ft View Prior Sale
10/01/2013 10/01/13 Pending -- -- --
10/01/2013 10/01/13 For Sale $213,900 -- $233 / 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 $6,962 $236,500 $0 $0
2024 $6,208 $196,200 $0 $0
2023 $5,782 $138,000 $0 $0
2022 $5,043 $145,900 $0 $0
2021 $4,944 $138,000 $0 $0
2020 $7,172 $136,700 $0 $0
2019 $7,112 $133,800 $0 $0
2018 $6,966 $120,500 $0 $0
2017 -- $116,200 $0 $0
2016 -- $109,200 $0 $0
2014 -- $96,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Hunter Placek

    Seller's Agent in 2017

    Elizabeth Hunter Placek

    Five Star Real Estate - Front St TC

    (313) 909-0659

    1 in this area

    56 Total Sales

    Elizabeth Hunter Placek
    Section Image

  • A

    Seller's Agent in 2016

    Amy Green

    Real Estate One

  • G

    Buyer's Agent in 2016

    Gilbert Webb

    Serbin Real Estate

    Section Image
  • Bob Rieck

    Seller's Agent in 2014

    Bob Rieck

    Coldwell Banker Schmidt Traver

    (231) 313-8926

    34 in this area

    226 Total Sales

    Bob Rieck
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1833868

Northern Great Lakes REALTORS® MLS

APN: 51-703-016-00

Michigan Grand Traverse County Traverse City 49684 Downtown Traverse City

115 E 8th St Unit 16, Traverse City, MI

This home is located at 115 E 8th St Unit 16, Traverse City, MI 49684 since 13 June 2017 and is currently estimated at $480,432, approximately $538 per square foot. This property was built in 2014. 115 E 8th St Unit 16 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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