$485,000
SOLD SEP 20, 2022
2 Beds
1 Bath
892 Sq Ft
5,271 Sq Ft Lot

Recently Sold

$544 Per Sq Ft

2% Above List Price

32 Days on Market

Highlights

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

About This Home

As of September 2022

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 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 from the attached Old Town Parking Garage! Don't miss out on this amazing in-town unit!! Rentals allowed; minimum of three nights.

Last Agent to Sell the Property

Elizabeth Hunter Placek

Five Star Real Estate - Front St TC License #6501379978 Listed on: 08/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,962

Year Built

  • Built in 2014

Lot Details

  • The community has rules related to zoning restrictions

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Detached Garage

Home Design

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

Interior Spaces

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

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

Community Details

Overview

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

$175 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, 1 Story
  • Estimated Year Built: 2014
  • Construction: Frame
  • 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, Curtain Rods
  • Interior Amenities: Cathedral Ceilings, Pantry, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11.2x11.2, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 11.2x10.2, 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: 15.6x10.2, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15.6x14.2, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 892
  • Price Per Sq Ft: 543.72
  • Range: R 11W
  • Total Finished Sf Apx: 892

Exterior Features

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

Garage/Parking

  • Primary Garage: Detached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Liability Insurance, Snow Removal, Trash Removal
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Outdoor)
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 175

Association/Amenities

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

Schools

  • School District: Traverse City Area Public Schools

Lot Info

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

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
Aug 15, 2022
Closed on
Sep 20, 2022
Sold by
Harris Michael E and Harris Deborah
Bought by
Ghavami Navid and Liebknecht Julie
Seller's Agent
Elizabeth Hunter Placek
Five Star Real Estate - Front St TC
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.81%

Purchase Details

Closed on
Oct 11, 2017
Sold by
Schmaltz Michelle A
Bought by
Harris Michael E and Harris Deborah S

Purchase Details

Closed on
Sep 23, 2016

Purchase Details

Closed on
Nov 18, 2014

Purchase Details

Closed on
Jun 10, 2014
Source: Public Records

Similar Homes in Traverse City, MI

  • 119 E Eighth St Unit 6, Traverse City, MI 49684

    $419,900

    • 2 Beds
    • 1 Bath
    • 892 Sq Ft
    • 119 E Eighth St
    • Unit 6
    • Traverse City, MI

    Downtown Living at its Finest! Whether you’re looking for a primary residence, a second home, or a profitable short-term rental, this beautiful downtown Traverse City unit is perfect for you. Situated within walking distance of Traverse City’s best restaurants, shops, and the stunning Grand Traverse West Bay, as well as Clinch Park and public beaches, this location offers the ideal blend of

    Roger Finnin Coldwell Banker Schmidt Traver

    Section Image
  • 115 E Eighth St Unit 16, Traverse City, MI 49684

    $439,900

    • 2 Beds
    • 1 Bath
    • 892 Sq Ft
    • 115 E Eighth St
    • Unit 16
    • 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
  • 822 Cass St, Traverse City, MI 49684

    $450,000

    • 3 Beds
    • 1.5 Baths
    • 1,808 Sq Ft
    • 822 Cass St
    • Traverse City, MI

    Prime Downtown Traverse City location! Explore this remarkable property offering endless possibilities for your entrepreneurial aspirations. Benefit from the coveted Grandfathered R1b zoning status, perfectly suited for establishing your downtown home, professional workspace, welcoming retail establishment, or a combination of these uses. Located in the heart of Traverse City, this property

    Mark Hagan Coldwell Banker Schmidt Traver

    Section Image
  • 641 Riverine Dr Unit 205, Traverse City, MI 49684

    $375,000

    • 2 Beds
    • 2 Baths
    • 950 Sq Ft
    • 641 Riverine Dr
    • Unit 205
    • Traverse City, MI

    Gorgeous fully renovated downtown condo with private balcony overlooking the Boardman River. This stunning condo has a cooks kitchen with expansive granite countertops and counter seating. The cabinets extend to the ceiling to take full advantage of the space, open shelving and stainless steel appliances. The open space showcases the river view with the living area having access to the private

    Camille Campbell Coldwell Banker Schmidt Traver

    Section Image
  • 101 N Park St Unit 409, Traverse City, MI 49684

    $499,000

    • 1 Bed
    • 1 Bath
    • 796 Sq Ft
    • 101 N Park St
    • Unit 409
    • Traverse City, MI

    Experience the Best of Downtown Traverse City Living! Step into refined luxury with this exclusive condo in one of Traverse City's most coveted buildings. Expansive windows flood the space with natural light, accentuating warm wood floors and a soft, neutral palette that creates a calm, airy atmosphere. The smart, inviting layout includes a welcoming foyer with a coat closet, a serene bedroom

    Lynne Moon REO-TCRandolph-233022

    Section Image
  • 311 W 12th St, Traverse City, MI 49684

    $500,000

    • 4 Beds
    • 1 Bath
    • 1,714 Sq Ft
    • 311 W 12th St
    • Traverse City, MI

    In-town convenience coupled with all the charm of Northern Michigan water-front community living is this Traverse City destination Victorian style house and property featuring four bedrooms, one bath, main floor kitchen and laundry, comforting covered front porch, walk out back deck, large back yard, a two car detached garage and endless possibility to personalize into your dream idealistic

    Jay Sluiter REO-TCRandolph-233022

    Section Image
  • 138 Gillis St Unit 20, Traverse City, MI 49684

    $575,000

    • 2 Beds
    • 2 Baths
    • 995 Sq Ft
    • 138 Gillis St
    • Unit 20
    • Traverse City, MI

    Welcome to urban living at its finest! This exceptional end unit condo offers an unbeatable combination of convenience, comfort, and views of West Bay. Enjoy the convenience of urban living with shops, restaurants, and entertainment just steps away. Take in the views of Grand Traverse West Bay and the city skyline from your own private rooftop deck, perfect for relaxing evenings and entertaining

    Heather Hudson Wavelength Realty Inc.

    Section Image
  • 208 Gillis St Unit 12, Traverse City, MI 49684

    $577,500

    • 2 Beds
    • 2 Baths
    • 1,026 Sq Ft
    • 208 Gillis St
    • Unit 12
    • Traverse City, MI

    Step into luxury and convenience with this stunning, tastefully furnished, turn-key condo nestled in the heart of downtown Traverse City. Currently an active short-term rental including single overnight stays, it comes fully equipped and furnished, ready for immediate occupancy or rental income. This exquisite residence offers 2BR/2BA of beautifully styled living space, all designed to cater to

    Mark Hagan Coldwell Banker Schmidt Traver

    Section Image
  • 610 W Tenth St, Traverse City, MI 49684

    $529,900

    • 2 Beds
    • 2 Baths
    • 1,741 Sq Ft
    • 610 W Tenth St
    • Traverse City, MI

    Welcome to 610 W Tenth Street – a charming 2-bedroom, 2-bath bungalow in downtown Traverse City. This home blends character with thoughtful updates, including a 2023 refresh that makes it move-in ready. Inside, you'll find warm wood floors, large windows, and a bright, open layout that feels both cozy and functional. The stylish kitchen features white cabinetry, solid surface counters, and a bold

    Matthew Dakoske REMAX Bayshore - Union St TC

    Section Image

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 Type Sale Price Title Company
Deed $485,000 --
Grant Deed $245,000 --
Deed $245,000 --
Deed -- --
Deed $212,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $439,900 -2.2% $493 / Sq Ft
06/16/2025 06/16/25 Price Changed $449,900 -2.2% $504 / Sq Ft
03/31/2025 03/31/25 Price Changed $460,000 -5.2% $516 / Sq Ft
12/26/2024 12/26/24 For Sale $485,000 0.0% $544 / Sq Ft
09/20/2022 09/20/22 Sold $485,000 +2.1% $544 / Sq Ft
08/15/2022 08/15/22 For Sale $475,000 -- $533 / 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

See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1903807

Northern Great Lakes REALTORS® MLS

APN: 51-703-016-00