NOT LISTED FOR SALE

431 Munson Place Unit 5 Traverse City, MI 49686

East Traverse City Neighborhood

Estimated Value: $356,000 - $388,000

2 Beds
2 Baths
1,267 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $335,000 $264 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,563/month

53 Days on Market

Highlights

  • Deck
  • Seasonal View
  • Main Floor Primary Bedroom
  • Central High School Rated A-
  • Cathedral Ceiling
  • 1-minute walk to Clinch Park Beach

About This Home

As of April 2024

Experience a new chapter of elevated living in this Charming 2-bedroom, 2-bath condo just a short stroll from downtown Traverse City and East Bay Park. Start your mornings with a breathtaking sunrise and small peak-a boo view of the bay right at your doorstep. This tastefully designed end unit features modern touches throughout, and boasts stainless-steel appliances, granite countertops, pantry, stackable washer/dryer, custom cabinets, custom trimming, wood flooring, and ample closet space. The open living space showcases vaulted ceilings and an abundance of natural light creating a bright and airy ambiance. Outside you will enjoy the private patio located off of the kitchen and make use of the dedicated 6x10 storage unit for your bikes, paddle boards, or all other storage needs. Ideally situated within close proximity to NMC, beaches, and Old Mission wineries. This pet-friendly haven offers the added perk of delightful walks with your furry companions and is a residence that embodies the essence of effortless living in Northern Michigan.

Last Agent to Sell the Property

Sam Flamont

The Mitten Real Estate Group License #6502431112 Listed on: 02/08/2024

Last Buyer's Agent

Sam Flamont

The Mitten Real Estate Group License #6502431112 Listed on: 02/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,229

Year Built

  • Built in 2014

Lot Details

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

HOA Fees

  • $190 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,267 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Seasonal Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

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

Community Details

Overview

  • Association fees include trash removal, snow removal, lawn care, exterior maintenance, liability insurance
  • Munson Place Development Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,229

Year Built

Built in 2014

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 2014
  • Construction: Frame
  • Section Number: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2014

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Ceiling Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11.4x13.2, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.2x9.9, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 8.9x15.3, On Level: Upper Floor, Flooring: Wood
  • Kitchen: Dimensions: 12.7x19.4, On Level: Upper Floor, Flooring: Wood
  • Living Room: Dimensions: 18.5x13.7, On Level: Upper Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1267
  • Price Per Sq Ft: 264.4
  • Range: R 11W
  • Total Finished Sf Apx: 1267

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Sprinkler System, Deck, Sidewalk, Seasonal View, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Poured Concrete, Slab
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop

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, Liability Insurance
  • Annual Association Fees: 2280
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Pets Allowed, Common Area
  • Development Name: Munson Place Development

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Multi-Family, Deed Restrictions, Building-Use Restrictions

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
Feb 8, 2024
Closed on
Apr 5, 2024
Sold by
Warren Mckenna L
Bought by
Warren Mckenna L
Seller's Agent
Sam Flamont
The Mitten Real Estate Group
Buyer's Agent
Sam Flamont
The Mitten Real Estate Group
List Price
$355,000
Sold Price
$335,000
Premium/Discount to List
-$20,000
-5.63%
Views
139
Current Estimated Value
$370,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,915
Avg. Annual Appreciation
6.67%

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 2, 2015
Seller's Agent
Janel Brown
REO-TCFront-233021
Buyer's Agent
Janel Brown
REO-TCFront-233021
List Price
$189,500
Sold Price
$189,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
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
Warren Mckenna L $335,000 --
-- $189,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $335,000 -4.3% $264 / Sq Ft
02/22/2024 02/22/24 Price Changed $350,000 -1.4% $276 / Sq Ft
02/08/2024 02/08/24 For Sale $355,000 +87.3% $280 / Sq Ft
07/10/2015 07/10/15 Sold $189,500 0.0% $166 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $189,500 -- $166 / 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 $4,229 $170,000 $0 $0
2024 $3,751 $160,600 $0 $0
2023 $3,490 $107,000 $0 $0
2022 $3,756 $112,000 $0 $0
2021 $3,680 $107,000 $0 $0
2020 $3,645 $107,200 $0 $0
2019 $3,632 $95,900 $0 $0
2018 $3,607 $95,200 $0 $0
2017 -- $93,000 $0 $0
2016 -- $95,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Flamont

    Seller's Agent in 2024

    Sam Flamont

    The Mitten Real Estate Group

    (231) 633-8326

    61 in this area

    672 Total Sales

    Sam Flamont
    Section Image
  • Janel Brown

    Seller's Agent in 2015

    Janel Brown

    Real Estate One

    (231) 313-1922

    8 in this area

    199 Total Sales

    Janel Brown
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1919155

Northern Great Lakes REALTORS® MLS

APN: 51-101-045-05

Michigan Grand Traverse County Traverse City 49686 East Traverse City

431 Munson Place Unit 5, Traverse City, MI

This home is located at 431 Munson Place Unit 5, Traverse City, MI 49686 since 08 February 2024 and is currently estimated at $370,915, approximately $292 per square foot. This property was built in 2014. 431 Munson Place Unit 5 is a home located in Grand Traverse County with nearby schools including Eastern Elementary 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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