Seller's Agent in 2023
Michael Mitchell
Real Estate One
(231) 645-2323
1 in this area
50 Total Sales
River's Edge West Condominiums 141 Rivers Edge Dr Unit 501 Traverse City, MI 49684
Downtown Traverse City NeighborhoodEstimated Value: $491,000 - $588,000
2
Beds
2
Baths
1,066
Sq Ft
$493/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Deeded Waterfront Access Rights
- Deck
- Central High School Rated A-
- Bay View
- 1-minute walk to Union Street Dam Park
About This Home
As of June 2023Top Floor Condo at Rivers Edge with panoramic views of the City, Boardman River and West Bay! Upscale building located in the heart of Downtown T.C. with 700 ft. of shared waterfront on the Boardman River.Beautiful setting and convenient location to walk to beaches, parks, shops and restaurants. Two private balconies for admiring the views of the City and surrounding countryside. Secure elevator building with key card access and deeded parking space in the underground heated garage. Open and airy feel with Maple hardwood floors and high volume ceilings and an open concept floor plan with kitchen/dining/living room. Gas Fireplace and cozy enclosed sunroom perfect for reading and enjoying a cup of coffee while soaking in the Bay views. Separate storage area is accessible from inside the unit is perfect for storing your seasonal decor, or sporting equipment. There is also a second storage locker in the garage for bikes or kayaks. Enjoy the lifestyle of Downtown urban living and explore the dozens of bars/pubs, restaurants two movie theaters, the Opera House, Old Town Playhouse and numerous shopping boutiques.
Last Agent to Sell the Property
REO-TCRandolph-233022 License #6501200118 Listed on: 05/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,770
Year Built
- Built in 1998
Lot Details
- Private Waterfront
- 700 Feet of Waterfront
- Landscaped
- Level Lot
- Sprinkler System
- Garden
- The community has rules related to zoning restrictions
HOA Fees
- $710 Monthly HOA Fees
Property Views
- Countryside Views
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Poured Concrete
- Fire Rated Drywall
- Tar and Gravel Roof
- Steel Siding
Interior Spaces
- 1,066 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Blinds
- Entrance Foyer
- Intercom
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Recirculated Exhaust Fan
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Heated Garage
- Alley Access
- Garage Door Opener
- Drive Under Main Level
- Shared Driveway
- Assigned Parking
Accessible Home Design
- Handicap Accessible
Eco-Friendly Details
- Energy-Efficient Windows with Low Emissivity
- ENERGY STAR Qualified Equipment for Heating
- Heating system powered by active solar
Outdoor Features
- Deeded Waterfront Access Rights
- River Access
- Waterfront Park
- Deck
Utilities
- Central Air
- Electric Air Filter
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
Overview
- Association fees include water, sewer, trash removal, snow removal, lawn care, heat, exterior maintenance, liability insurance, fire insurance
- Rivers Edge West Condominiums Community
Amenities
- Common Area
- Elevator
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 26, 2023
Closed on
Jun 29, 2023
Sold by
Borchert Elizabeth R
Bought by
Schinkai Jeff
Seller's Agent
Michael Mitchell
REO-TCRandolph-233022
List Price
$459,900
Sold Price
$460,000
Premium/Discount to List
$100
0.02%
Views
190
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
$74,330
Avg. Annual Appreciation
6.40%
Purchase Details
Listed on
Feb 6, 2019
Closed on
Jun 21, 2019
Sold by
French Dorothy W
Bought by
Borchert Elizabeth R
Seller's Agent
Dave Hauser
REO-TCRandolph-233022
Buyer's Agent
David Hricik
Kultura Real Estate
List Price
$359,000
Sold Price
$330,000
Premium/Discount to List
-$29,000
-8.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Purchase Details
Closed on
Aug 30, 2001
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schinkai Jeff | $460,000 | -- | |
| Borchert Elizabeth R | $330,000 | -- | |
| -- | $300,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $460,000 | 0.0% | $432 / Sq Ft |
| 05/26/2023 05/26/23 | For Sale | $459,900 | +39.4% | $431 / Sq Ft |
| 06/24/2019 06/24/19 | Sold | $330,000 | -4.3% | $297 / Sq Ft |
| 06/11/2019 06/11/19 | Pending | -- | -- | -- |
| 04/19/2019 04/19/19 | Price Changed | $344,900 | -3.9% | $311 / Sq Ft |
| 02/06/2019 02/06/19 | For Sale | $359,000 | -- | $323 / 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 | $12,770 | $240,400 | $0 | $0 |
| 2024 | $11,824 | $223,400 | $0 | $0 |
| 2023 | $6,498 | $187,300 | $0 | $0 |
| 2022 | $6,955 | $210,000 | $0 | $0 |
| 2021 | $6,819 | $187,300 | $0 | $0 |
| 2020 | $6,754 | $173,400 | $0 | $0 |
| 2019 | $6,856 | $225,200 | $0 | $0 |
| 2018 | $6,723 | $211,500 | $0 | $0 |
| 2017 | -- | $212,400 | $0 | $0 |
| 2016 | -- | $210,000 | $0 | $0 |
| 2014 | -- | $197,800 | $0 | $0 |
| 2012 | -- | $155,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
D
Seller's Agent in 2019
Dave Hauser
Real Estate One
-
Buyer's Agent in 2019
David Hricik
Kultura Real Estate
(231) 735-3545
5 in this area
90 Total Sales
About River's Edge West Condominiums
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1911514
APN: 51-837-501-00
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.
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