NOT LISTED FOR SALE

501 Georgetown Dr Unit 24 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $228,000 - $248,994

2 Beds
1.5 Baths
917 Sq Ft
$258/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $153,000 $167 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,935/month

47 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Corner Lot
  • Formal Dining Room
  • Central High School Rated A-
  • Covered Patio or Porch
  • Balcony

About This Home

As of April 2021

Well maintained, third floor condo (no noise from above) in popular Georgetown condos. This 2BR/1.5 bath unit has plenty of storage and a designated, covered carport w/additional storage. Just blocks from downtown, Right Brain Brewery & TC Whiskey Company. Close to Meijer, Toms, Walmart and the GT Mall. The association fee is $260.00 per month & covers heat, water, sewer, garbage removal, grounds, snow removal & liability insurance. Pets not allowed, predominately owner occupied.

Last Agent to Sell the Property

Sam Flamont

The Mitten Real Estate Group License #6502431112 Listed on: 03/04/2021

Last Buyer's Agent

Matthew Dakoske

REMAX Bayshore - Union St TC License #6501148333

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,627

Year Built

  • Built in 1985

Lot Details

  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Fire Rated Drywall
  • Asphalt Roof

Interior Spaces

  • 917 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Rods
  • Formal Dining Room
  • Carpet

Kitchen

  • Oven or Range
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Carport
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, heat, lawn care, liability insurance, sewer, snow removal, trash removal, water
  • Georgetown Square Condominiums Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,627

Year Built

Built in 1985

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 1985
  • Construction: Brick
  • Section Number: 4
  • Univs Design Barrier Free: Extra Wide Hallways, Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Washer, Dryer, Window A/C Unit(s), Freezer, Blinds, Curtain Rods, Ceiling Fan
  • Interior Amenities: Pantry, Formal Dining Room, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13'6x11'8, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x9'10, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Flooring: Carpet
  • Family Room: Flooring: Carpet
  • Kitchen: Dimensions: 9'8x7'2, Flooring: Laminate
  • Living Room: Dimensions: 18x11, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 917
  • Price Per Sq Ft: 166.85
  • Range: R 11W
  • Total Finished Sf Apx: 917

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Balcony, Sidewalk, Covered Porch, Landscaped
  • Exterior Finish: Brick
  • Foundation: Poured Concrete
  • Road: Association
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Carport, Assigned Parking Space

Utilities

  • Heating Cooling Types: Baseboard
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Heat, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor)
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 260

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Georgetown Square Condominiums

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Corner Lot, Level
  • Parcel Description: Condo/None

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 22, 2021
Sold by
Mcclellan Bingham
Bought by
Hobbs Tracy
Seller's Agent
Sam Flamont
The Mitten Real Estate Group
Buyer's Agent
Matthew Dakoske
REMAX Bayshore - Union St TC
List Price
$150,000
Sold Price
$153,000
Premium/Discount to List
$3,000
2%
Current Estimated Value
$236,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,999
Avg. Annual Appreciation
11.13%

Purchase Details

Closed on
Dec 11, 2017
Bought by
Bingham Mcclellan and Kern Rosanne V

Purchase Details

Closed on
Feb 26, 2008

Purchase Details

Closed on
Mar 11, 1994
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
Hobbs Tracy $153,000 --
Bingham Mcclellan -- --
-- $30,000 --
-- $55,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $153,000 +2.0% $167 / Sq Ft
03/04/2021 03/04/21 For Sale $150,000 -- $164 / 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 $4,627 $107,100 $0 $0
2024 $4,274 $89,200 $0 $0
2023 $4,010 $66,200 $0 $0
2022 $4,328 $79,000 $0 $0
2021 $1,624 $66,200 $0 $0
2020 $1,608 $61,500 $0 $0
2019 $2,369 $57,900 $0 $0
2018 $1,570 $50,600 $0 $0
2017 -- $47,400 $0 $0
2016 -- $42,000 $0 $0
2014 -- $42,100 $0 $0
2012 -- $43,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sam Flamont

    Seller's Agent in 2021

    Sam Flamont

    The Mitten Real Estate Group

    (231) 633-8326

    8 in this area

    672 Total Sales

    Sam Flamont
    Section Image
  • Matthew Dakoske

    Buyer's Agent in 2021

    Matthew Dakoske

    RE/MAX Michigan

    (231) 590-7722

    10 in this area

    746 Total Sales

    Matthew Dakoske
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1884670

Northern Great Lakes REALTORS® MLS

APN: 51-592-024-00

Michigan Grand Traverse County Traverse City 49684 South Traverse City

501 Georgetown Dr Unit 24, Traverse City, MI

This home is located at 501 Georgetown Dr Unit 24, Traverse City, MI 49684 since 04 March 2021 and is currently estimated at $236,999, approximately $258 per square foot. This property was built in 1985. 501 Georgetown Dr Unit 24 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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