NOT LISTED FOR SALE

Estimated Value: $367,000 - $437,000

1 Bed
1.5 Baths
804 Sq Ft
$516/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $345,000 $429 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,798/month

114 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 500 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Central High School Rated A-
  • Contemporary Architecture
  • 1-minute walk to Union Street Dam Park

About This Home

As of September 2022

Stunningly renovated downtown Traverse City condo! Wide open spaces and natural light greet you the moment you walk in the door! Enjoy the streamlined look of granite counter tops with a waterfall edge. Custom cabinetry throughout insures there is a space for everything you could need. The oversized, beautiful island doubles as a dinning room table and work space and is perfectly positioned for ease of function. The living room features a large sliding door for fresh air and sunlight, hardwood floors and a gas fireplace that can be stealthy covered for additional TV or furniture space. Gorgeous large windows with custom plantation shutters cover the bedroom wall for perfect star gazing. The additional custom cabinetry in the laundry room is just a must see.... so many amazing, efficient spaces. Add the adorable half bath and a designated parking space, you just can't pass up this unique opportunity to own your own spot in downtown Traverse City. Perfectly located just steps to Boardman River, Front Street, popular restaurants, shopping and walking paths; what are you waiting for? Motivated seller, immediate occupancy.

Last Agent to Sell the Property

Ann Porter

REO-TCRandolph-233022 License #6506044226 Listed on: 05/02/2022

REO-TCRandolph-233022

Last Buyer's Agent

Barb Cooper

Classic Real Estate License #6502326919

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,434

Year Built

  • Built in 1998

Lot Details

  • 500 Feet of Waterfront
  • Landscaped
  • The community has rules related to zoning restrictions

HOA Fees

  • $510 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Membrane Roofing

Interior Spaces

  • 804 Sq Ft Home
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room

Kitchen

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

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Drive Under Main Level
  • Shared Driveway
  • Assigned Parking

Accessible Home Design

  • Stepless Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • Waterfront Park

Utilities

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

Community Details

Overview

  • Association fees include exterior maintenance, liability insurance, sewer, snow removal, trash removal, water
  • Rivers Edge Community

Amenities

  • Common Area
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,434

Year Built

Built in 1998

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary
  • Percent Of Remodel: 100
  • Estimated Year Built: 1998
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Shared
  • Section Number: 3
  • Univs Design Barrier Free: Extra Wide Hallways, Low Threshold Shower
  • Year Renovated: 2013
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Blinds, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry, Granite Kitchen Tops, Island Kitchen, Great Room, Drywall
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 13.3x10.9, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: comboxcombo, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 12.11x6.9, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 17.10x13.3, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 804
  • Price Per Sq Ft: 429.1
  • Range: R 11W
  • Total Finished Sf Apx: 804

Exterior Features

  • Body Of Water: Boardman River
  • Exterior Features: Balcony, Landscaped
  • Exterior Finish: Brick
  • Foundation: Poured Concrete
  • Road: Public Maintained, Blacktop
  • Roof: Membrane
  • Water Features: Deeded Easement
  • Waterfront Frontage: 500

Garage/Parking

  • Driveway: Blacktop, Shared
  • Garage Capacity: 1
  • Primary Garage: Attached, Drive Under/Built-In, Assigned Parking Space, Concrete Floors

Utilities

  • Fireplaces And Stoves: Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Condo: Yes
  • Condo Unit Access: Elevator, No Steps
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 510

Association/Amenities

  • Development Amenities: Water Front Park, Common Area
  • Development Name: Rivers Edge

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • 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
May 2, 2022
Closed on
Aug 31, 2022
Sold by
Herkelmann Kathryn L
Bought by
Browne C B
Seller's Agent
Ann Porter
REO-TCRandolph-233022
Buyer's Agent
Barb Cooper
Classic Real Estate
List Price
$435,000
Sold Price
$345,000
Premium/Discount to List
-$90,000
-20.69%
Views
6
Current Estimated Value
$426,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,490
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Mar 7, 2016

Purchase Details

Closed on
Dec 10, 2008

Purchase Details

Closed on
Sep 18, 2004

Purchase Details

Closed on
Oct 23, 2000
Source: Public Records

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 Buyer Sale Price Title Company
Browne C B $345,000 --
-- -- --
-- -- --
-- -- --
-- $198,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $345,000 +3.0% $429 / Sq Ft
08/22/2022 08/22/22 Price Changed $335,000 -10.7% $417 / Sq Ft
07/28/2022 07/28/22 Price Changed $375,000 -5.1% $466 / Sq Ft
05/26/2022 05/26/22 Price Changed $395,000 -9.2% $491 / Sq Ft
05/02/2022 05/02/22 For Sale $435,000 -- $541 / 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 $11,434 $214,400 $0 $0
2024 $10,587 $201,000 $0 $0
2023 $9,937 $154,400 $0 $0
2022 $5,178 $190,400 $0 $0
2021 $5,077 $154,400 $0 $0
2020 $5,029 $141,600 $0 $0
2019 $5,011 $147,100 $0 $0
2018 $4,914 $142,200 $0 $0
2017 -- $141,800 $0 $0
2016 -- $139,700 $0 $0
2014 -- $129,900 $0 $0
2012 -- $118,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1899186

Northern Great Lakes REALTORS® MLS

APN: 51-837-307-00