NOT LISTED FOR SALE

515 Georgetown Dr Unit 52 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $228,000 - $247,000

2 Beds
1.5 Baths
917 Sq Ft
$257/Sq Ft Est. Value

Last Sold June 21, 2012

Last sale price $70,000 $76 Per Sq Ft

Est. 247% increase in value since last sale

Current estimated payment $1,727/month

325 Days on Market

Highlights

  • Public Water Access
  • Ranch Style House
  • Covered patio or porch
  • Central High School Rated A-
  • Ground Level Unit
  • Detached Garage

About This Home

As of June 2012

Ride your bike downtown from this quiet location to the TC buzz.Main level living with a covered porch off living room. Washer and dryer stackables in unit.Wall A/C. Lovely well maintained grounds. Storage unit incl.as well as Carport. Heat, snow, trash,water, sewer, landscaping and exterior maintenance included in $240/month dues.Munson Hospital conveniently close as well as all the other great shopping.

Last Agent to Sell the Property

Hannah Matthews

Five Star Real Estate - Front St TC License #6501340099 Listed on: 07/29/2011

Last Buyer's Agent

Kim Schmerheim

REO-TCFront-233021 License #6501210711

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1985

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • 917 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Carport
  • Assigned Parking

Outdoor Features

  • Public Water Access
  • Covered patio or porch

Additional Features

  • Stepless Entry
  • The community has rules related to zoning restrictions
  • Ground Level Unit
  • Window Unit Cooling System

Community Details

  • Georgetown Sq Condo Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,866

Year Built

Built in 1985

Lot Details

0

HOA Fees

$240 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1985
  • Construction: Brick
  • Section Number: 4
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1985

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer, Window A/C Unit(s)
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 14x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Private
  • Dining Room: Dimensions: 14x8, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10x7, On Level: Main Floor
  • Living Room: Dimensions: 18x11, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 917
  • Price Per Sq Ft: 76.34
  • Total Finished Sf Apx: 917

Exterior Features

  • Exterior Features: Covered Porch
  • Road: Association, Blacktop
  • Roof: Asphalt
  • Water Features: Near Pub.Access w/in 500'

Garage/Parking

  • Driveway: Blacktop
  • Primary Garage: Detached, Carport, Assigned Parking Space, Paved Driveway

Utilities

  • Heating Cooling Types: Hot Water
  • Sewer: Municipal
  • Water: Municipal

Condo/Co-op/Association

  • Annual Association Fees: 2880
  • Condo: Yes
  • Condo Unit Access: No Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Name: Georgetown Sq Condo

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Dimensions: condo
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2011
Closed on
Jun 15, 2012
Seller's Agent
Hannah Matthews
Five Star Real Estate - Front St TC
Buyer's Agent
Kim Schmerheim
REO-TCFront-233021
List Price
$79,000
Sold Price
$70,000
Premium/Discount to List
-$9,000
-11.39%
Current Estimated Value
$243,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,184
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Sep 30, 1996
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
-- $70,000 --
-- $68,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2012 06/21/12 Sold $70,000 -11.4% $76 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
07/29/2011 07/29/11 For Sale $79,000 -- $86 / 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 $1,866 $107,100 $0 $0
2024 $1,655 $89,200 $0 $0
2023 $1,540 $65,200 $0 $0
2022 $1,657 $80,000 $0 $0
2021 $1,624 $65,200 $0 $0
2020 $1,608 $60,500 $0 $0
2019 $1,603 $56,900 $0 $0
2018 $1,570 $49,600 $0 $0
2017 -- $46,400 $0 $0
2016 -- $41,000 $0 $0
2014 -- $42,100 $0 $0
2012 -- $42,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hannah Matthews

    Seller's Agent in 2012

    Hannah Matthews

    Five Star Real Estate - Front St TC

    (231) 633-0039

    1 in this area

    67 Total Sales

    Section Image

  • K

    Buyer's Agent in 2012

    Kim Schmerheim

    Real Estate One

    (231) 357-1400

    3 in this area

    22 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1729231

Northern Great Lakes REALTORS® MLS

APN: 51-592-052-00

Michigan Grand Traverse County Traverse City 49684 South Traverse City

515 Georgetown Dr Unit 52, Traverse City, MI

This home is located at 515 Georgetown Dr Unit 52, Traverse City, MI 49684 since 29 July 2011 and is currently estimated at $235,980, approximately $257 per square foot. This property was built in 1985. 515 Georgetown Dr Unit 52 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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