Seller's Agent in 2025
Marsha Minervini
RE/MAX Michigan
(231) 883-4500
20 in this area
70 Total Sales
1388 Gray Dr Unit 7 Traverse City, MI 49684
1
Bed
1
Bath
753
Sq Ft
7,754
Sq Ft Lot
Highlights
- Contemporary Architecture
- Great Room
- Balcony
- Willow Hill Elementary School Rated A-
- Granite Countertops
- Forced Air Heating and Cooling System
About This Home
As of May 2025GT Commons, relaxing, very classy, quiet upper-level condo w/ an extraordinary location on Asylum Creek. This unique spot is like sitting in the middle of a forest on a creek off the back balcony yet outside the front balcony are all the amenities of a vibrant urban lifestyle. Featuring an open floor plan, numerous upgrades, including a f/p, all in nearly new condition. This unit is being sold professionally furnished w/ everything down to silverware, linens, cookware. All appliances are included. This building is located next to the gateway of the natural woodlands & trails of the greater Commons natural area for outdoor activities. Short-term rentals allowed. Beaches, downtown TC 1 mile away.
Last Agent to Sell the Property
REMAX Bayshore - Union St TC License #6501278275 Listed on: 03/03/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2020
Lot Details
- Landscaped
- Level Lot
- Sprinkler System
- The community has rules related to zoning restrictions
HOA Fees
- $227 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Slab Foundation
- Poured Concrete
- Frame Construction
- Membrane Roofing
- Cement Board or Planked
Interior Spaces
- 753 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Great Room
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Granite Bathroom Countertops
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Balcony
- Rain Gutters
Schools
- Traverse City West Middle School
- Traverse City West Senior High School
Utilities
- Forced Air Heating and Cooling System
- Programmable Thermostat
- Electric Water Heater
- Cable TV Available
Community Details
Overview
- Association fees include water, sewer, trash removal, snow removal, lawn care, exterior maintenance, liability insurance, fire insurance
- The Lofts At Asylum Creek Community
Amenities
- Common Area
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 3, 2025
Closed on
May 23, 2025
Sold by
Strong Bow Dev Llc
Bought by
Sullivan Rosemary
Seller's Agent
Marsha Minervini
REMAX Bayshore - Union St TC
Buyer's Agent
Eleanor Vratanina
REO-TCRandolph-233022
List Price
$437,500
Sold Price
$437,500
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,429
Avg. Annual Appreciation
-3.36%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $437,500 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $437,500 | 0.0% | $581 / Sq Ft | |
| 05/22/2025 05/22/25 | Pending | -- | -- | -- | |
| 03/03/2025 03/03/25 | For Sale | $437,500 | +77.1% | $581 / Sq Ft | |
| 12/03/2021 12/03/21 | Sold | $247,050 | -19.0% | $328 / Sq Ft | View Prior Sale |
| 10/12/2021 10/12/21 | Pending | -- | -- | -- | |
| 08/20/2020 08/20/20 | For Sale | $305,000 | -- | $405 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $9,320 | $220,600 | $0 | $0 |
| 2024 | $7,510 | $213,300 | $0 | $0 |
| 2023 | $7,169 | $89,700 | $0 | $0 |
| 2022 | $8,487 | $188,500 | $0 | $0 |
| 2021 | $3,389 | $89,700 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marsha Minervini
-
Eleanor Vratanina
Buyer's Agent in 2025
Eleanor Vratanina
Real Estate One
(231) 409-9940
10 in this area
61 Total Sales
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1931178
APN: 05-463-007-00
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.
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.
Nearby Homes
- VL Cedar Run Rd
- 103 S Madison St
- 733 Sixth St
- 1024 W Front St
- 918 W Front St Unit 1-5, 7,8
- 1101 Jefferson Ave
- 917 Third St Unit 8
- 628 Sixth St
- 1430 Forest Park Dr Unit 8
- 1420 Forest Park Dr Unit 13
- 4885 Grayhawk Blvd Unit 16
- 120 N Cedar St
- 00 Buteo Dr
- 421 W Ninth St
- 4863 Grayhawk Blvd Unit 15
- 4344 Buteo Dr
- 521 Fifth St
- 3871 Brook Dr
- 302 W Tenth St
- 4191 Eagles View Unit 34