NOT LISTED FOR SALE

Estimated Value: $325,567 - $418,000

1 Bed
1 Bath
656 Sq Ft
$575/Sq Ft Est. Value

Sale Details

Date Sold: March 18, 2020

Last sale price $253,000 $386 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,812 / mo

143 Days on Market

Highlights

  • Radiant Floor
  • Granite Countertops
  • 1-Story Property
  • Central Grade School Rated A-
  • Breakfast Area or Nook
  • 3-minute walk to Union Street Dam Park

About This Home

As of March 2020

Downtown Traverse City Condo. Enjoy it for yourself, use it as an excellent investment opportunity or both! Daily/Weekly rentals allowed with an excellent rental history. Located in the D-1 zoning district. Owner has an active rental license through the city. Short term rental allowance will be grandfathered in if there are any changes to zoning. 5 Star Rating and Superhost status on Airbnb with over 133 Reviews. Hardwood flooring and Granite countertops. In-floor radiant heat. 2nd (top) floor unit right across the street from the Old Town Playhouse. Fantastic location close to all the best restaurants, shopping and beaches that Traverse City has to offer.

Last Agent to Sell the Property

Bob Rieck

@properties Christie's Int'l Listed on: 09/16/2019

Last Buyer's Agent

Jennifer Edson

Five Star Real Estate - Front St TC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $241 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 656 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Radiant Floor

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Utilities

  • Ductless Heating Or Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal, trash removal
  • Midtown Square Condominiums Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

8,233 Sq Ft Lot

HOA Fees

$241 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2009
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2009

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Exhaust Fan, Blinds
  • Interior Amenities: Pantry, Breakfast Nook, Granite Bath Tops, Granite Kitchen Tops
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 11x12.07, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: 9.03x12, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 12x13, On Level: Main Floor, Flooring: Wood
  • Range: R 10W
  • Total Finished Sf Apx: 656

Exterior Features

  • Exterior Features: Sidewalk, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Utilities

  • Heating Cooling Types: Ductless A/C, Radiant Floor
  • 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, Lawn Care, Snow Removal, Trash Removal
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 241

Association/Amenities

  • Development Amenities: Pets Allowed, Common Area
  • Development Name: Midtown Square Condominiums

Lot Info

  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Building-Use Restrictions, Rental History

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Mar 18, 2020
Sold by
Sisu Management Llc
Bought by
Jonathon Colton S and Snyder Michelle
Seller's Agent
Bob Rieck
@properties Christie's Int'l
Buyer's Agent
Jennifer Edson
Five Star Real Estate - Front St TC
List Price
$259,900
Sold Price
$253,000
Premium/Discount to List
-$6,900
-2.65%
Current Estimated Value
$377,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,142
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Jun 1, 2015
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Jonathon Colton S $253,000 --
-- $175,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2020 03/18/20 Sold $253,000 -0.7% $386 / Sq Ft
02/06/2020 02/06/20 Pending -- -- --
11/07/2019 11/07/19 Price Changed $254,900 -1.9% $389 / Sq Ft
09/16/2019 09/16/19 For Sale $259,900 -- $396 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $6,718 $159,200 $0 $0
2024 $6,221 $151,900 $0 $0
2023 $5,839 $103,200 $0 $0
2022 $6,011 $124,200 $0 $0
2021 $5,869 $103,200 $0 $0
2020 $5,667 $102,100 $0 $0
2019 $5,620 $97,500 $0 $0
2018 $3,567 $85,500 $0 $0
2017 -- $87,000 $0 $0
2016 -- $59,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1867438

Northern Great Lakes REALTORS® MLS

APN: 51-618-087-02

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