NOT LISTED FOR SALE

115 E Eighth St Unit 15 Traverse City, MI 49684

Downtown Traverse City Neighborhood

Estimated Value: $432,000 - $580,000

2 Beds
1 Bath
917 Sq Ft
$540/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2023

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

Est. 9% increase in value since last sale

Current estimated payment $3,854 / mo

72 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Forced Air Heating and Cooling System
  • Central Grade School Rated A-
  • Elevator
  • 3-minute walk to Lay 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 Traverse City Listed on: 04/18/2023

Coldwell Banker Schmidt Traverse City

Co-Listed By

Danielle Jerome

Coldwell Banker Schmidt Traverse City

Last Buyer's Agent

Jennifer Hastings

Blue Lakes Real Estate Group TC LLC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

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

Year Built

Built in 2014

Lot Details

348 Sq Ft Lot

HOA Fees

$175 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Contemporary, 1 Story
  • Estimated Year Built: 2014
  • Construction: Frame
  • 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
  • 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

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Traverse City, MI

  • Jennifer Gaston Real Estate Agent - REMAX Bayshore - Union St TC

    Jennifer Gaston

    REMAX Bayshore - Union St TC

    (231) 715-5257

    119 Total Sales

    4 in Downtown Traverse City

    $315K - $642K Price Range

    Jennifer Gaston
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  • Ryan Craig Real Estate Agent - @properties Christie's Int'l

    Ryan Craig

    @properties Christie's Int'l

    (231) 715-5287

    218 Total Sales

    1 in Downtown Traverse City

    $361,000 Price

    Ryan Craig
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  • Lynne Moon Real Estate Agent - REO-TCRandolph-233022

    Lynne Moon

    REO-TCRandolph-233022

    (231) 642-9688

    146 Total Sales

    10 in Downtown Traverse City

    $95K - $1.9M Price Range

    Lynne Moon
     Section Image
  • Lydia Wiley Real Estate Agent - @properties Christie's Int'l

    Lydia Wiley

    @properties Christie's Int'l

    (888) 364-8716

    44 Total Sales

    6 in Downtown Traverse City

    $515K - $3.2M Price Range

    Lydia Wiley
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  • Danielle Jerome Real Estate Agent - Coldwell Banker Schmidt Traverse City

    Danielle Jerome

    Coldwell Banker Schmidt Traverse City

    (947) 886-8274

    116 Total Sales

    1 in Downtown Traverse City

    $455,000 Price

    Danielle Jerome
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  • Ken Kleinrichert Real Estate Agent - @properties Christie's Int'l

    Ken Kleinrichert

    @properties Christie's Int'l

    (231) 714-6987

    70 Total Sales

    2 in Downtown Traverse City

    $630K - $825K Price Range

    Ken Kleinrichert
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $11,184 $173,300 $0 $0
2025 $10,364 $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 Real Estate Agent - Coldwell Banker Schmidt Traverse City

    Seller's Agent in 2023

    Karen Schmidt

    Coldwell Banker Schmidt Traverse City

    (231) 218-4463

    1 in this area

    107 Total Sales

    Karen Schmidt
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  • Danielle Jerome Real Estate Agent - Coldwell Banker Schmidt Traverse City

    Seller Co-Listing Agent in 2023

    Danielle Jerome

    Coldwell Banker Schmidt Traverse City

    (248) 762-2622

    1 in this area

    116 Total Sales

    Danielle Jerome
    Section Image
  • Jennifer Hastings Real Estate Agent - Blue Lakes Real Estate Group TC LLC

    Buyer's Agent in 2023

    Jennifer Hastings

    Blue Lakes Real Estate Group TC LLC

    (443) 895-0764

    4 in this area

    319 Total Sales

    Jennifer Hastings
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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

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 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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