NOT LISTED FOR SALE

Estimated Value: $393,000 - $486,000

2 Beds
1 Bath
948 Sq Ft
$459/Sq Ft Est. Value

Last Sold October 25, 2013

Last sale price $202,500 $214 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,236/month

244 Days on Market

Highlights

  • Contemporary Architecture
  • Ground Level Unit
  • Forced Air Heating and Cooling System
  • Central High School Rated A-
  • Granite Countertops
  • 2-minute walk to Union Street Dam Park

About This Home

As of October 2013

Downtown Traverse City's newest luxurious, affordable condo development built by Socks Construction. Conveniently located on Eighth Street between Cass and Union within walking distance to all the best dining, beaches, theaters and culture that Traverse City has to offer. These two bedroom Ranch Style condos are Energy Star qualified and built with old school craftsmanship. Some of the many amenities include Granite countertops, tile back splashes, hardwood floors, ceramic tile in baths & 9 FT ceilings.

Last Agent to Sell the Property

Tia Rieck

Coldwell Banker Schmidt Traver License #6502337541 Listed on: 11/27/2012

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Maureen Penfold

REMAX Bayshore - Union St TC License #6501239126

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,437

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

  • Contemporary Architecture
  • Ranch Style House
  • Slab Foundation
  • Membrane Roofing
  • Cement Board or Planked

Interior Spaces

  • 948 Sq Ft Home
  • Low Emissivity Windows

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Ground Level Unit

Community Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,437

Year Built

Built in 2013

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Contemporary, 1 Story
  • Estimated Year Built: 2013
  • Construction: Block
  • Section Number: 3
  • Year Updated: 2013
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2013

Interior Features

  • Appliances Equipment: Dishwasher, Microwave
  • Interior Amenities: Granite Kitchen Tops, Solid Surface Counters
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11.06x11.06, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room: On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 15.06x10, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15.06x14, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 948
  • Price Per Sq Ft: 213.61
  • Range: R 11W
  • Total Finished Sf Apx: 948

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Finish: Cement Board
  • Foundation: Slab
  • Road: Public Maintained
  • 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, Lawn Care, Snow Removal, Trash Removal
  • Annual Association Fees: 1848
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Ivy Terrace

Schools

  • School District: Traverse City Area Public Schools

Green Features

  • Energy Efficient: Low-e Windows

Lot Info

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

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Oct 25, 2013
Seller's Agent
Tia Rieck
Coldwell Banker Schmidt Traver
Buyer's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
List Price
$199,900
Sold Price
$202,500
Premium/Discount to List
$2,600
1.3%
Current Estimated Value
$436,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,097
Avg. Annual Appreciation
6.80%
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
-- $202,300 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2013 10/25/13 Sold $202,500 +1.3% $214 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $199,900 -- $211 / 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 $8,437 $190,300 $0 $0
2024 $7,812 $187,900 $0 $0
2023 $7,332 $129,600 $0 $0
2022 $7,548 $144,900 $0 $0
2021 $7,370 $129,600 $0 $0
2020 $6,248 $126,100 $0 $0
2019 $6,196 $124,100 $0 $0
2018 $6,068 $111,000 $0 $0
2017 -- $106,800 $0 $0
2016 -- $104,400 $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: 1740961

Northern Great Lakes REALTORS® MLS

APN: 51-703-004-00