NOT LISTED FOR SALE

224 E State St Unit 4 Traverse City, MI 49684

Downtown Traverse City Neighborhood

Estimated Value: $334,000 - $375,380

1 Bed
1 Bath
600 Sq Ft
$596/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $259,900 $433 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,743/month

Highlights

  • New Construction
  • 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 2021

Great location in Traverse City in the heart of downtown. C-4c zoning. Short term rentals allowed. 1 bedroom, 1 bath condo with approximately 600 sq. ft. Beautifully appointed. Includes kitchen appliances. Socks Construction, Design Elemental (a division of Socks Construction), Component Construction Systems.

Last Agent to Sell the Property

Bob Rieck

Coldwell Banker Schmidt Traver License #6501335328 Listed on: 01/11/2021

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Bob Rieck

Coldwell Banker Schmidt Traver License #6501335328 Listed on: 01/11/2021

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,726

Year Built

  • Built in 2021 | New Construction

Lot Details

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

HOA Fees

  • $152 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Membrane Roofing

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property

Kitchen

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

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

Overview

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

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,726

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, 1 Story
  • Estimated Year Built: 2021
  • Construction: New Construction
  • Section Number: 3
  • Univs Design Barrier Free: Covered Entrance
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2021

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave
  • Interior Amenities: Solid Surface Counters
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 12x12, On Level: Main Floor, Flooring: Vinyl
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: combox20, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 17xcombo, On Level: Main Floor, Flooring: Vinyl
  • Estimated Above Ground Finished Sq Ft: 600
  • Price Per Sq Ft: 433.17
  • Range: R 10W
  • Total Finished Sf Apx: 600

Exterior Features

  • Exterior Features: Patio, Landscaped
  • Exterior Finish: Brick
  • 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 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: Walk Down Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 152.1

Association/Amenities

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

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Commercial

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2021
Closed on
May 13, 2021
Sold by
222 Dev Llc
Bought by
Cotter Ian and Cotter Jaime Leonard
Seller's Agent
Bob Rieck
Coldwell Banker Schmidt Traver
Buyer's Agent
Bob Rieck
Coldwell Banker Schmidt Traver
List Price
$259,900
Sold Price
$259,900
Current Estimated Value
$357,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,445
Avg. Annual Appreciation
8.28%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2021 05/13/21 Sold $259,900 0.0% $433 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $259,900 -- $433 / 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 $7,726 $157,400 $0 $0
2024 $7,154 $150,800 $0 $0
2023 $6,715 $81,600 $0 $0
2022 $6,913 $122,600 $0 $0
2021 $2,811 $81,600 $0 $0
2020 $1,329 $23,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bob Rieck

    Seller's Agent in 2021

    Bob Rieck

    Coldwell Banker Schmidt Traver

    (231) 313-8926

    34 in this area

    243 Total Sales

    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1883199

Northern Great Lakes REALTORS® MLS

APN: 51-844-034-04

Michigan Grand Traverse County Traverse City 49684 Downtown Traverse City

224 E State St Unit 4, Traverse City, MI

This home is located at 224 E State St Unit 4, Traverse City, MI 49684 since 11 January 2021 and is currently estimated at $357,345, approximately $595 per square foot. This property was built in 2021. 224 E State St Unit 4 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.

Nearby Homes