NOT LISTED FOR SALE

Estimated Value: $327,582 - $407,000

1 Bed
1 Bath
660 Sq Ft
$554/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $235,000 $356 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,878/month

131 Days on Market

Highlights

  • Radiant Floor
  • Main Floor Primary Bedroom
  • Granite Countertops
  • Central High School Rated A-
  • Ground Level Unit
  • 3-minute walk to Union Street Dam Park

About This Home

As of February 2020

Investment opportunity just a few blocks from the sand. Situated in downtown Traverse City with walkability to local restaurants, breweries, shopping, nightlife, beaches, and so much more! This inviting 1 bed, 1 bath condo has a positive rental history and cash flow. Nightly and weekly rentals are allowed. Enjoy this immaculate fully furnished unit with in-floor heat, beautiful wood floors, granite counters, stainless steel appliances, and loads of opportunity. Walk or bike to everything. This is the perfect place to enjoy a romantic getaway, Cherry Festival, Film Festival, Wine Tasting, Fall Color Tour, Beer/Wine Festivals, or just a fun Up North weekend! You can't beat this unbelievable location!

Last Agent to Sell the Property

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537 Listed on: 09/12/2019

REMAX Bayshore - W Bay Shore Dr TC

Last Buyer's Agent

Jennifer Hastings

Key Realty One-TC License #6501391762

Key Realty One-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,575

Year Built

  • Built in 2009

Lot Details

  • 8,233

HOA Fees

  • $241 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 660 Sq Ft Home
  • Radiant Floor

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Minimal Steps
  • The community has rules related to zoning restrictions
  • Ground Level Unit

Community Details

  • Association fees include exterior maintenance, snow removal, trash removal
  • Midtown Square Condominium Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,575

Year Built

Built in 2009

Lot Details

0

HOA Fees

$241 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Estimated Year Built: 2009
  • Construction: Frame
  • Section Number: 3
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2009

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Granite Bath Tops, Granite Kitchen Tops
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 13x6, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: COMBxCOMB, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 30x12, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 660
  • Price Per Sq Ft: 356.06
  • Range: R 11W
  • Total Finished Sf Apx: 660

Exterior Features

  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Road: Public Maintained
  • Roof: Asphalt

Utilities

  • Heating Cooling Types: Forced Air, Floor, Radiant Floor
  • Laundry: Dimensions: 6x6, 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, Snow Removal, Trash Removal
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 241

Association/Amenities

  • Development Name: Midtown Square Condominium

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 3227.72
  • Winter Taxes: 272.15

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Feb 21, 2020
Sold by
J & Dc Ventures Llc
Bought by
Squaw Holding Llc
Seller's Agent
Bob Brick
REMAX Bayshore - W Bay Shore Dr TC
Buyer's Agent
Jennifer Hastings
Key Realty One-TC
List Price
$253,000
Sold Price
$235,000
Premium/Discount to List
-$18,000
-7.11%
Current Estimated Value
$378,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,403
Avg. Annual Appreciation
7.72%

Purchase Details

Closed on
May 19, 2016

Purchase Details

Closed on
Jul 27, 2015
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
Squaw Holding Llc $235,000 --
-- -- --
-- $175,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $235,000 -5.6% $356 / Sq Ft
12/30/2019 12/30/19 Price Changed $249,000 -1.6% $377 / Sq Ft
09/12/2019 09/12/19 For Sale $253,000 -- $383 / 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 $6,575 $155,200 $0 $0
2024 $6,088 $147,700 $0 $0
2023 $5,714 $101,000 $0 $0
2022 $5,883 $120,900 $0 $0
2021 $5,744 $101,000 $0 $0
2020 $3,532 $99,900 $0 $0
2019 $3,502 $95,300 $0 $0
2018 $3,430 $83,300 $0 $0
2017 -- $84,700 $0 $0
2016 -- $57,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1867326

Northern Great Lakes REALTORS® MLS

APN: 51-618-087-03