NOT LISTED FOR SALE

River's Edge West Condominiums 141 Rivers Edge Dr Unit 401 Traverse City, MI 49684

Downtown Traverse City Neighborhood

Estimated Value: $877,136 - $1,048,000

2 Beds
3 Baths
1,850 Sq Ft
$519/Sq Ft Est. Value

Last Sold May 16, 2013

Last sale price $580,000 $314 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,370/month

73 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 700 Feet of Waterfront
  • Bay View
  • Central High School Rated A-
  • RV or Boat Parking
  • 1-minute walk to Union Street Dam Park

About This Home

As of May 2013

Dramatic 4th floor corner unit at Rivers Edge in downtown Traverse City has expansive views of the city, the Boardman River and sparkling West Bay. Enter through the secure u/ground parking garage and cruise the elevator to your up-scale home in the sky! Walls of windows and balconies at every turn flood the home with natural light. The high-end finishes and architectural features allow you to define your space making it uniquely your own... Welcome Home.

Last Agent to Sell the Property

Sharon Edson

REO-TCRandolph-233022 License #6506036343 Listed on: 02/21/2013

REO-TCRandolph-233022

Last Buyer's Agent

Marsha Minervini

REMAX Bayshore - Union St TC License #6501278275

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,052

Year Built

  • Built in 1999

Lot Details

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

HOA Fees

  • $854 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Fire Rated Drywall
  • Membrane Roofing
  • Block Exterior
  • Steel Siding
  • Stucco

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Solarium

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom

Parking

  • 1 Car Garage
  • Drive Under Main Level
  • RV or Boat Parking
  • Assigned Parking

Accessible Home Design

  • Handicap Accessible
  • Stepless Entry

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,052

Year Built

Built in 1999

Lot Details

0

HOA Fees

$854 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, 1 Story
  • Estimated Year Built: 1999
  • Construction: Brick, Steel
  • Private Shared: Shared
  • Section Number: 3
  • Univs Design Barrier Free: No Steps Entry, Elevator
  • Year Updated: 99
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1999

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer, Security System, Wall Oven, Cook Top, Exhaust Fan, Blinds, Drapes
  • Interior Amenities: Jetted Tub, Foyer Entrance, Walk-In Closet(s), Solarium/Sun Room, Breakfast Nook, Granite Bath Tops, Granite Kitchen Tops, Formal Dining Room, Great Room, Intercom, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 17x16.7, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x9.7, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Dining Room: Dimensions: 15.8x9, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12.2x9.5, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 23x13, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1850
  • Price Per Sq Ft: 313.51
  • Range: R 11W
  • Total Finished Sf Apx: 1850

Exterior Features

  • Body Of Water: Boardman River
  • Exterior Features: Bay View, Patio, Sidewalk, Handicap Access, RV Parking
  • Exterior Finish: Stucco/Drivit, Brick, Block
  • Foundation: Poured Concrete
  • Road: Blacktop
  • Roof: Membrane
  • Water Features: River, Water View
  • Waterfront Frontage: 700

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Heat, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Annual Association Fees: 10249.58
  • Condo: Yes
  • Condo Unit Access: Elevator, No Steps, Stairway (Indoor)
  • Condo Unit Level: Third Floor Lvl or Higher

Association/Amenities

  • Development Name: Rivers Edge

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: Condo
  • Deeded Waterfront: Yes
  • Lot Dimensions: Condo
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Multi-Family, Commercial, Building-Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2015
Current Estimated Value
$976,159

Purchase Details

Listed on
Feb 21, 2013
Closed on
May 16, 2013
Seller's Agent
Sharon Edson
REO-TCRandolph-233022
Buyer's Agent
Marsha Minervini
REMAX Bayshore - Union St TC
List Price
$725,000
Sold Price
$580,000
Premium/Discount to List
-$145,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Jun 15, 2007

Purchase Details

Closed on
Jun 8, 2006

Purchase Details

Closed on
Jul 18, 1999
Source: Public Records

Range of Values:

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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
-- -- --
-- $580,000 --
-- $900,000 --
-- $890,000 --
-- $410,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2013 05/16/13 Sold $580,000 -20.0% $314 / Sq Ft
05/05/2013 05/05/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $725,000 -- $392 / 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 $14,052 $465,100 $0 $0
2024 $12,529 $431,900 $0 $0
2023 $11,670 $357,600 $0 $0
2022 $12,492 $393,500 $0 $0
2021 $12,247 $357,600 $0 $0
2020 $12,130 $329,100 $0 $0
2019 $12,088 $322,900 $0 $0
2018 $11,854 $305,900 $0 $0
2017 -- $307,500 $0 $0
2016 -- $303,500 $0 $0
2014 -- $284,300 $0 $0
2012 -- $263,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Edson

    Seller's Agent in 2013

    Sharon Edson

    Real Estate One

    (231) 640-0777

    83 Total Sales

    Section Image
  • Marsha Minervini

    Buyer's Agent in 2013

    Marsha Minervini

    RE/MAX Michigan

    (231) 883-4500

    78 Total Sales

    Section Image
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About River's Edge West Condominiums

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1742333

Northern Great Lakes REALTORS® MLS

APN: 51-837-401-00

Michigan Grand Traverse County Traverse City 49684 Downtown Traverse City

141 Rivers Edge Dr Unit 401, Traverse City, MI

This home is located at 141 Rivers Edge Dr Unit 401, Traverse City, MI 49684 since 21 February 2013 and is currently estimated at $960,379, approximately $519 per square foot. This property was built in 1999. 141 Rivers Edge Dr Unit 401 is a home located in Grand Traverse County with nearby schools including Central Grade School, East Middle School, and Central High School.

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.

Northern Great Lakes REALTORS® MLS 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.

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