NOT LISTED FOR SALE

Estimated Value: $371,000 - $463,000

1 Bed
1.5 Baths
917 Sq Ft
$451/Sq Ft Est. Value

Last Sold May 03, 2018

Last sale price $252,900 $276 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,880/month

14 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Granite Countertops
  • Forced Air Heating and Cooling System
  • Central High School Rated A-
  • Den
  • 2-minute walk to Union Street Dam Park

About This Home

As of May 2018

Enjoy the convenience of downtown Traverse City, walking distance to restaurants, shopping, entertainment and West Bay beach. This beautiful condo features hardwood floors, 9’ ceilings, wood blinds throughout, granite counter tops, kitchen pantry, stackable washer and dryer and dedicated built-in office area. Charming decor and very well maintained. Complex includes heated walkways and stairwells. Covered parking available in Old Town Parking deck.

Last Agent to Sell the Property

Roger Finnin

Coldwell Banker Schmidt Traver License #6501395666 Listed on: 03/07/2018

Coldwell Banker Schmidt Traver

Co-Listed By

Connie Finnin

Coldwell Banker Schmidt Traver License #6502359263

Last Buyer's Agent

Roger Finnin

Coldwell Banker Schmidt Traver License #6501395666 Listed on: 03/07/2018

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,939

Year Built

  • Built in 2013

Lot Details

  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $154 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Membrane Roofing
  • Cement Board or Planked

Interior Spaces

  • 917 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Den

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Schools

  • Traverse City West Middle School
  • Traverse City West Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,939

Year Built

Built in 2013

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2013
  • Construction: Block, Frame
  • Principal Residence: Yes
  • Section Number: 3
  • Univs Design Barrier Free: Ramped Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2013

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Blinds, Natural Gas Water Heater
  • Interior Amenities: Pantry, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Den/Study, Drywall
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 11.00x11.00, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 15.06x10, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15.06x14.0, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 10.00x5.00, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 917
  • Price Per Sq Ft: 275.79
  • Range: R 11W
  • Total Finished Sf Apx: 917

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Finish: Cement Board, Brick
  • Foundation: Poured Concrete
  • Road: Concrete
  • Roof: Membrane

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Liability Insurance, Snow Removal, Trash Removal
  • Annual Association Fees: 1848
  • Condo: Yes
  • Condo Unit Access: Stairway (Outdoor)
  • Condo Unit Level: Second Floor Level

Association/Amenities

  • Development Name: Ivy Terrace

Schools

  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City West Middle School
  • High School: Traverse City West Senior High School

Lot Info

  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 3481.31
  • Taxable Value: 102821
  • Total Taxes: 3938.99
  • Winter Taxes: 457.68

MLS Schools

  • HighSchool: Traverse City West Senior High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City West Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2018
Closed on
May 3, 2018
Sold by
Grassnig Nancy E
Bought by
Baran James T
Seller's Agent
Roger Finnin
Coldwell Banker Schmidt Traver
Buyer's Agent
Roger Finnin
Coldwell Banker Schmidt Traver
List Price
$249,900
Sold Price
$252,900
Premium/Discount to List
$3,000
1.2%
Current Estimated Value
$413,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,626
Avg. Annual Appreciation
7.30%

Purchase Details

Listed on
Nov 27, 2012
Closed on
Sep 19, 2013
Seller's Agent
Tia Rieck
Coldwell Banker Schmidt Traver
Buyer's Agent
Ken Weaver
Berkshire Hathaway Homeservices - TC
List Price
$199,900
Sold Price
$199,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
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
Baran James T $252,500 --
-- $199,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2018 05/03/18 Sold $252,900 +1.2% $276 / Sq Ft
03/07/2018 03/07/18 For Sale $249,900 +25.0% $273 / Sq Ft
09/19/2013 09/19/13 Sold $199,900 0.0% $218 / Sq Ft
09/03/2013 09/03/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $199,900 -- $218 / 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 $5,676 $189,800 $0 $0
2024 $5,061 $187,500 $0 $0
2023 $4,714 $129,400 $0 $0
2022 $5,046 $144,600 $0 $0
2021 $4,947 $129,400 $0 $0
2020 $4,900 $125,800 $0 $0
2019 $4,896 $123,800 $0 $0
2018 $4,169 $111,500 $0 $0
2017 -- $107,300 $0 $0
2016 -- $105,100 $0 $0
2014 -- $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1843383

Northern Great Lakes REALTORS® MLS

APN: 51-703-003-00