NOT LISTED FOR SALE

115 E Eighth St Unit 15 Traverse City, MI 49684

Downtown Traverse City Neighborhood

Estimated Value: $388,000 - $582,000

2 Beds
1 Bath
917 Sq Ft
$537/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $455,000 $496 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,702/month

72 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 July 2023

Fully furnished downtown condo just waiting to become your turnkey vacation getaway or dream investment property! Short-term rentals are allowed with a three-night minimum in this beautiful top-floor unit. Enjoy 917 low-maintenance square feet featuring two bedrooms, one full bath, hickory engineered wood floors, granite kitchen countertops, stainless steel appliances and large windows for an abundance of natural light. Everything from the furniture to the dish ware and smart lock are included! This condo building is attached by heated walkway to the Old Town Parking Garage. HOA dues are only $175.00 per month. All the conveniences of downtown living right outside your door...beaches, restaurants, movie theaters, shopping, wineries, breweries and more. You must see this condo before it's gone!

Last Agent to Sell the Property

Karen Schmidt

Coldwell Banker Schmidt Traver License #6501234844 Listed on: 04/18/2023

Coldwell Banker Schmidt Traver

Co-Listed By

Danielle Jerome

Coldwell Banker Schmidt Traver License #6501377986

Last Buyer's Agent

Jennifer Hastings

Key Realty One-TC License #6501391762

Key Realty One-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,889

Year Built

  • Built in 2014

Lot Details

  • The community has rules related to zoning restrictions

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Drive Under Main Level

Home Design

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,889

Year Built

Built in 2014

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Contemporary, 1 Story
  • Estimated Year Built: 2014
  • Construction: Frame
  • Section Number: 3
  • Univs Design Barrier Free: Elevator
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2014

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • 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
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • 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: 496.18
  • Range: R 10W
  • Total Finished Sf Apx: 917

Exterior Features

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

Garage/Parking

  • Primary Garage: Drive Under/Built-In

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Trash Removal, Snow Removal, Lawn Care, Exterior Maintenance, Liability Insurance
  • Condo: Yes
  • Condo Unit Access: Stairway (Outdoor), Elevator
  • Condo Unit Level: Third Floor Lvl or Higher
  • 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
Apr 18, 2023
Closed on
Jul 28, 2023
Sold by
Boeve Layton R
Bought by
Moock Phillppe B
Seller's Agent
Karen Schmidt
Coldwell Banker Schmidt Traver
Buyer's Agent
Jennifer Hastings
Key Realty One-TC
List Price
$484,900
Sold Price
$455,000
Premium/Discount to List
-$29,900
-6.17%
Views
129
Current Estimated Value
$492,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,224
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Dec 16, 2014
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
Moock Phillppe B $455,000 --
-- $215,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $455,000 -4.2% $496 / Sq Ft
04/26/2023 04/26/23 Price Changed $474,900 -2.1% $518 / Sq Ft
04/18/2023 04/18/23 For Sale $484,900 -- $529 / 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 $10,889 $231,100 $0 $0
2024 $10,083 $190,500 $0 $0
2023 $4,149 $134,900 $0 $0
2022 $4,441 $141,500 $0 $0
2021 $4,354 $134,900 $0 $0
2020 $4,313 $133,700 $0 $0
2019 $4,298 $130,600 $0 $0
2018 $4,215 $116,600 $0 $0
2017 -- $112,600 $0 $0
2016 -- $104,300 $0 $0
2014 -- $62,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Schmidt

    Seller's Agent in 2023

    Karen Schmidt

    Coldwell Banker Schmidt Traver

    (231) 218-4463

    2 in this area

    133 Total Sales

    Karen Schmidt
    Section Image
  • Danielle Jerome

    Seller Co-Listing Agent in 2023

    Danielle Jerome

    Coldwell Banker Schmidt Traver

    (248) 762-2622

    2 in this area

    147 Total Sales

    Danielle Jerome
    Section Image
  • Jennifer Hastings

    Buyer's Agent in 2023

    Jennifer Hastings

    Key Realty One-TC

    (443) 895-0764

    5 in this area

    309 Total Sales

    Jennifer Hastings
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1910008

Northern Great Lakes REALTORS® MLS

APN: 51-703-015-00

Michigan Grand Traverse County Traverse City 49684 Downtown Traverse City

115 E Eighth St Unit 15, Traverse City, MI

This home is located at 115 E Eighth St Unit 15, Traverse City, MI 49684 since 18 April 2023 and is currently estimated at $492,224, approximately $536 per square foot. This property was built in 2014. 115 E Eighth St Unit 15 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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