NOT LISTED FOR SALE

224 E State St Unit 313 Traverse City, MI 49684

Downtown Traverse City Neighborhood

Estimated Value: $317,000 - $363,000

1 Bed
1 Bath
600 Sq Ft
$567/Sq Ft Est. Value

Last Sold May 20, 2024

Last sale price $343,000 $572 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,701/month

289 Days on Market

Highlights

  • Bay View
  • Contemporary Architecture
  • Solid Surface Countertops
  • Central High School Rated A-
  • Main Floor Primary Bedroom
  • 1-minute walk to American Legion Park

About This Home

As of May 2024

Exceptional, modern and luxurious "airbnb" condo for sale in the thumping heart of Downtown Traverse City! Perched on the 3rd floor close to the waters edge, this contemporary 1 bed/1 bath unit is an easy walk to all TC has to offer; restaurants, bars, beaches, festivals, and more! This superb space is being offered fully furnished with an excellent rental history. Including; King bed and a fold-out sofa (sleeps four total). All stainless appliances in a well stocked, beautifully appointed kitchen. Plus, a private laundry and smart TVs in the bedroom and living area. Recently built (in 2021) by the prestigious Socks Construction company, this sweet little condo unit provides the perfect space to enjoy Traverse City living while you're in town, and, a very nice income while you're away.

Last Agent to Sell the Property

Josh Croff

Verity Real Estate, LLC License #6502418758 Listed on: 07/31/2023

Last Buyer's Agent

Jenifer Taylor

Five Star Real Estate - Front St TC License #6501373136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,947

Year Built

  • Built in 2021

Lot Details

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

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • Alley Access

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Membrane Roofing
  • Steel Siding

Interior Spaces

  • 600 Sq Ft Home
  • Bay Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Energy-Efficient Windows with Low Emissivity
  • Balcony

Community Details

Overview

  • Association fees include trash removal, snow removal, lawn care, exterior maintenance
  • Modern State II Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,947

Year Built

Built in 2021

Lot Details

0

HOA Fees

$241 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, Apartment
  • Estimated Year Built: 2021
  • Construction: Steel
  • Section Number: 3
  • Univs Design Barrier Free: Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Solid Surface Counters
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 12'x12', On Level: Main Floor, Flooring: Vinyl
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: combox20', On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 17'xcombo, On Level: Main Floor, Flooring: Vinyl
  • Estimated Above Ground Finished Sq Ft: 600
  • Price Per Sq Ft: 571.67
  • Range: R 11W
  • Total Finished Sf Apx: 600

Exterior Features

  • Exterior Features: Bay View, Balcony, Sidewalk, Landscaped
  • Exterior Finish: Brick
  • Foundation: Poured Concrete
  • Road: Public Maintained, Blacktop
  • Roof: Membrane
  • Water Features: Bay View

Garage/Parking

  • Driveway: Alley Access

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, Lawn Care, Exterior Maintenance
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor)
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 241

Association/Amenities

  • Development Amenities: Pets Allowed, Common Area
  • Development Name: Modern State II

Schools

  • School District: Traverse City Area Public Schools

Green Features

  • Energy Efficient: Energy Efficient Windows, Low-e Windows

Lot Info

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

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Taxable Value: 132405

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
May 20, 2024
Sold by
The Dream Tc Llc
Bought by
Burton Jeffery
Seller's Agent
Josh Croff
Verity Real Estate, LLC
Buyer's Agent
Jenifer Taylor
Five Star Real Estate - Front St TC
List Price
$390,000
Sold Price
$343,000
Premium/Discount to List
-$47,000
-12.05%
Views
297
Current Estimated Value
$340,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,548
Avg. Annual Appreciation
4.37%

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 3, 2021
Sold by
222 Dev Llc
Bought by
The Dream Tc Llc
Seller's Agent
Bob Rieck
Coldwell Banker Schmidt Traver
Buyer's Agent
Jennifer Hastings
Key Realty One-TC
List Price
$249,900
Sold Price
$249,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.33%
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 Buyer Sale Price Title Company
Burton Jeffery $343,000 --
The Dream Tc Llc $259,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $343,000 -9.5% $572 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
12/28/2023 12/28/23 Price Changed $379,000 -2.8% $632 / Sq Ft
07/31/2023 07/31/23 For Sale $390,000 +56.1% $650 / Sq Ft
03/03/2021 03/03/21 Sold $249,900 0.0% $417 / Sq Ft
03/03/2021 03/03/21 For Sale $249,900 -- $417 / Sq Ft
06/29/2019 06/29/19 Pending -- -- --
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 $7,947 $161,100 $0 $0
2024 $7,358 $155,400 $0 $0
2023 $6,907 $83,000 $0 $0
2022 $7,110 $126,100 $0 $0
2021 $2,891 $83,000 $0 $0
2020 $1,352 $23,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Croff

    Seller's Agent in 2024

    Josh Croff

    Verity Real Estate, LLC

    (231) 342-8777

    2 in this area

    50 Total Sales

    Josh Croff
    Section Image

  • J

    Buyer's Agent in 2024

    Jenifer Taylor

    Five Star Real Estate - Front St TC

    (231) 384-1921

    1 in this area

    32 Total Sales

    Jenifer Taylor
    Section Image

  • K

    Buyer Co-Listing Agent in 2024

    Kathy Dork

    Coldwell Banker Schmidt Traver

    Section Image
  • Bob Rieck

    Seller's Agent in 2021

    Bob Rieck

    Coldwell Banker Schmidt Traver

    (231) 313-8926

    34 in this area

    235 Total Sales

    Bob Rieck
    Section Image
  • Jennifer Hastings

    Buyer's Agent in 2021

    Jennifer Hastings

    Key Realty One-TC

    (443) 895-0764

    5 in this area

    305 Total Sales

    Jennifer Hastings
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1913974

Northern Great Lakes REALTORS® MLS

APN: 51-844-034-13

Michigan Grand Traverse County Traverse City 49684 Downtown Traverse City

224 E State St Unit 313, Traverse City, MI

This home is located at 224 E State St Unit 313, Traverse City, MI 49684 since 31 July 2023 and is currently estimated at $340,452, approximately $567 per square foot. This property was built in 2021. 224 E State St Unit 313 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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