$345,000
SOLD JUL 9, 2025
1 Bed
1 Bath
661 Sq Ft
2,744 Sq Ft Lot

Recently Sold

$522 Per Sq Ft

3% Below List Price

20 Days on Market

Highlights

  • Contemporary Architecture
  • Solid Surface Countertops
  • Kitchen Island
  • Central High School Rated A-
  • Forced Air Heating and Cooling System
  • 2-minute walk to American Legion Park

About This Home

As of July 2025

Located in the heart of Traverse City, this top-floor 1-bedroom, 1-bath condo offers the perfect blend of location, design, and income potential. Situated in a newly completed building (Dec 2022), it’s just steps from some of the city's best dining, shopping, beaches, and entertainment. Beautifully styled and thoughtfully laid out, the condo is being sold fully furnished, presenting a turnkey opportunity for personal enjoyment or immediate short-term rental income. With a strong rental history, it's an ideal fit for investors or buyers looking to offset the cost of a second home. Currently holds the badge for "Top 10% of Homes" on Airbnb. The open-concept living space includes a spacious kitchen with quartz island seating, stainless steel appliances, and an in-unit washer and dryer for added convenience. Whether you're seeking a low-maintenance downtown retreat, a second home, or a proven STR investment, this condo delivers location and lifestyle in equal measure.

Last Agent to Sell the Property

Kara Gelven

Peninsula Properties Realty License #6506048623 Listed on: 05/21/2025

Last Buyer's Agent

Haley Clack

Peninsula Properties Realty License #6501422252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,261

Year Built

  • Built in 2022

Lot Details

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

HOA Fees

  • $276 Monthly HOA Fees

Home Design

  • 661 Sq Ft Home
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Association fees include trash removal, snow removal, exterior maintenance, liability insurance
  • Modern State Dev Llc Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,261

Year Built

Built in 2022

Lot Details

0

HOA Fees

$276 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary
  • Estimated Year Built: 2022
  • Construction: Frame
  • Section Number: 3
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2022

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Solid Surface Counters, Island Kitchen
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 11x11
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: combox14
  • Living Room: Dimensions: combox27
  • Estimated Above Ground Finished Sq Ft: 661
  • Price Per Sq Ft: 521.94
  • Range: R 10W
  • Total Finished Sf Apx: 661

Exterior Features

  • Foundation: Slab
  • Road: Public Maintained
  • Roof: Membrane

Utilities

  • 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: Trash Removal, Snow Removal, Exterior Maintenance, Liability Insurance
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor)
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 275.64

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Modern State Dev LLC

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Commercial, Deed Restrictions, Rental History

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

Closed on
Dec 2, 2022
Sold by
Modern St Dev Llc
Bought by
Mckenzie Michael
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $264,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Sold $345,000 -2.8% $522 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $355,000 -- $537 / 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 $9,261 $172,600 $0 $0
2024 $8,575 $162,600 $0 $0
2023 $8,049 $55,800 $0 $0
2022 $855 $68,500 $0 $0
2021 $835 $55,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1934026

Northern Great Lakes REALTORS® MLS

APN: 51-844-035-19