NOT LISTED FOR SALE

Estimated Value: $235,878 - $288,000

1 Bed
1 Bath
550 Sq Ft
$485/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $177,500 $323 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,021/month

65 Days on Market

Highlights

  • Loft
  • Corner Lot
  • Minimal Steps
  • Central High School Rated A-
  • Ground Level Unit

About This Home

As of January 2020

Lifestyle meets Investing in an amazing way at City Limit Lofts. If you have been looking for a low maintenance lifestyle, this is it. Also, Imagine hopping on a plane or driving to Chicago to visit friends for the weekend and having that trip paid for because you can Nightly and Weekly Rent at City Limit Lofts. Want a vacation condo? this is also it. Want an investment property? look no further due to the Nightly and Weekly Rental capabilities at City Limit Lofts. These 1 bed 1 bath Condos are right next to the TART Trail, a stones throw from all downtown has to offer, but doesn't forget about all the great things the East Side of Town has to offer either. Whether you go West or East you are just minutes away from all the popular spots in Traverse City, MI.

Last Agent to Sell the Property

Sam Flamont

The Mitten Real Estate Group License #6502431112 Listed on: 11/18/2019

Last Buyer's Agent

Sam Flamont

The Mitten Real Estate Group License #6502431112 Listed on: 11/18/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,607

Year Built

  • Built in 2019

Lot Details

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

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Metal Roof
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • 550 Sq Ft Home
  • 1.5-Story Property
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Minimal Steps
  • Ground Level Unit
  • Cable TV Available

Community Details

  • Association fees include exterior maintenance, lawn care, snow removal, trash removal
  • City Limit Lofts Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,607

Year Built

Built in 2019

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 2019
  • Construction: Frame, Under Construction
  • Section Number: 2
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2019

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave
  • Interior Amenities: Loft
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 12x12, On Level: Upper Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: combox12
  • Living Room: Dimensions: Combox12
  • Estimated Above Ground Finished Sq Ft: 550
  • Price Per Sq Ft: 322.73
  • Range: R 11W
  • Total Finished Sf Apx: 550

Exterior Features

  • Exterior Finish: Vinyl, Steel
  • Foundation: Slab
  • Road: Public Maintained, Blacktop
  • Roof: Metal, Membrane

Garage/Parking

  • Driveway: Blacktop
  • Primary Garage: Paved Driveway

Utilities

  • 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, Lawn Care, Snow Removal, Trash Removal
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 125

Association/Amenities

  • Development Name: City Limit Lofts

Schools

  • School District: Traverse City Area Public Schools

Lot Info

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

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jan 24, 2020
Sold by
Hasting Dev Llc
Bought by
G Llc and Fitz
Seller's Agent
Sam Flamont
The Mitten Real Estate Group
Buyer's Agent
Sam Flamont
The Mitten Real Estate Group
List Price
$179,900
Sold Price
$177,500
Premium/Discount to List
-$2,400
-1.33%
Current Estimated Value
$258,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,217
Avg. Annual Appreciation
7.05%
Source: Public Records

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
G Llc $177,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $177,500 -1.3% $323 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $179,900 -- $327 / 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 $5,607 $160,500 $0 $0
2024 $5,179 $140,000 $0 $0
2023 $4,859 $88,600 $0 $0
2022 $5,014 $99,200 $0 $0
2021 $4,893 $88,600 $0 $0
2020 $2,577 $83,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1869684

Northern Great Lakes REALTORS® MLS

APN: 51-152-006-00