NOT LISTED FOR SALE

2305 N Us Highway 31 N Unit 203 Traverse City, MI 49686

Estimated Value: $211,000 - $315,000

1 Bed
1 Bath
556 Sq Ft
$514/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $329,000 $592 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,263/month

7 Days on Market

Highlights

  • Private Waterfront
  • Deeded Waterfront Access Rights
  • In Ground Pool
  • Courtade Elementary School Rated A-
  • Sandy Beach
  • Bay View

About This Home

As of August 2022

Beachfront Condo! Beautiful water views and a deep sugar sand beach are the focus of this fresh and inviting 1 BR, 1 bath furnished (turn key) condo. Full kitchen, a bayside private deck in addition to a shared beach side deck. Small complex with a heated pool, shared laundry, elevator and 200 ft of gorgeous sandy East Bay beach. Can be owner occupied, short term rental or a combination. 2021 gross rental income was $44,000. Management handles rentals for 50%. Recent renovations include siding, deck & railing, furnace and much more.

Last Listed By

Christina Ingersoll

REMAX Bayshore - Union St TC License #6501279134 Listed on: 05/19/2022

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,343

Year Built

  • Built in 1990

Lot Details

  • Private Waterfront
  • 200 Feet of Waterfront
  • Sandy Beach
  • The community has rules related to zoning restrictions

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 556 Sq Ft Home
  • Bay Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include lawn care, snow removal, trash removal
  • North Shore Inn Community

Amenities

  • Elevator

Recreation

  • Community Pool
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,343

Year Built

Built in 1990

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary
  • Estimated Year Built: 1990
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 9
  • Univs Design Barrier Free: Elevator
  • Year Updated: 2020
  • Year Renovated: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 12.00x11.00
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12.00x9.00
  • Kitchen: Dimensions: 9.00x6.00
  • Living Room: Dimensions: 13.00x12.00
  • Estimated Above Ground Finished Sq Ft: 556
  • Price Per Sq Ft: 591.73
  • Range: R 10W
  • Total Finished Sf Apx: 556

Exterior Features

  • Body Of Water: East Bay
  • Exterior Features: Bay View, In Ground Pool, Balcony, Deck, Sidewalk
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Sandy Bottom, Sandy Shoreline
  • Waterfront Frontage: 200

Garage/Parking

  • Driveway: Blacktop
  • Primary Garage: Assigned Parking Space

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: Lawn Care, Snow Removal, Trash Removal
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Indoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 400

Association/Amenities

  • Development Amenities: Pool
  • Development Name: North Shore Inn

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Commercial

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

Listed on
May 19, 2022
Closed on
Aug 4, 2022
Sold by
Peterson John M
Bought by
Newman Kristopher
Seller's Agent
Christina Ingersoll
REMAX Bayshore - Union St TC
Buyer's Agent
Christina Ingersoll
REMAX Bayshore - Union St TC
List Price
$329,000
Sold Price
$329,000
Total Days on Market
7
Views
2
Current Estimated Value
$285,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,327
Avg. Annual Appreciation
-5.01%

Purchase Details

Closed on
Sep 24, 2018
Sold by
Willwerth Peter J
Bought by
Peterson John Michael

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
Newman Kristopher $329,000 --
Peterson John Michael $147,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $329,000 0.0% $592 / Sq Ft
05/19/2022 05/19/22 For Sale $329,000 -- $592 / 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
2024 $3,343 $116,800 $0 $0
2023 $3,191 $53,000 $0 $0
2022 $2,444 $79,400 $0 $0
2021 $2,362 $53,000 $0 $0
2020 $3,085 $73,000 $0 $0
2019 $3,071 $68,100 $0 $0
2018 $2,083 $46,200 $0 $0
2017 -- $46,800 $0 $0
2016 -- $49,000 $0 $0
2014 -- $49,200 $0 $0
2012 -- $56,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Ingersoll

    Seller's Agent in 2022

    Christina Ingersoll

    RE/MAX Michigan

    (231) 883-4921

    399 Total Sales

    Christina Ingersoll
    Section Image
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Map

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1899975

Northern Great Lakes REALTORS® MLS

APN: 03-545-203-00

Michigan Grand Traverse County Traverse City 49686

2305 N Us Highway 31 N Unit 203, Traverse City, MI

Homes for Sale in Traverse City, MI

This home is located at 2305 N Us Highway 31 N Unit 203, Traverse City, MI 49686 since 19 May 2022 and is currently estimated at $285,673, approximately $513 per square foot. This property was built in 1990. 2305 N Us Highway 31 N Unit 203 is a home located in Grand Traverse County with nearby schools including Courtade Elementary School, East Middle School, and Central High School.

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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.