NOT LISTED FOR SALE

525 Georgetown Dr Unit 72 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $228,000 - $246,000

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

Last Sold August 16, 2012

Last sale price $70,900 $77 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $1,736/month

460 Days on Market

Highlights

  • Colonial Architecture
  • Covered patio or porch
  • Walk-In Closet
  • Central High School Rated A-
  • Balcony
  • Shed

About This Home

As of August 2012

GEORGETOWN CONDO - 2 BD - 1.5 BA Third Floor Unit in Traverse City. New Paint and Berber Carpet! Ready for New Owner! No Pets. No Short Rentals. Nice View of Courtyard from the Covered Balcony. Condo Dues Include Heat, Water, Sewer, Trash Removal, Outside Maintenance of Building and Grounds, Snowplowing, and Maintenance of Interior Common Areas. Fridge New in 2009 - Dishwasher New in 2006. Ceramic Tile Backsplash and Floors in Kitchen! Fresh New Paint & New Berber Carpeting! Won't hear any Neighbors above!

Last Agent to Sell the Property

Sam Abood

Five Star Real Estate - Front St TC License #6504216686 Listed on: 05/11/2011

Last Buyer's Agent

Rudy Savage

Coldwell Banker Schmidt-522 License #6501366881

Coldwell Banker Schmidt-522

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,866

Year Built

  • Built in 1985

Lot Details

  • The community has rules related to zoning restrictions

HOA Fees

  • $240 Monthly HOA Fees

Home Design

  • 917 Sq Ft Home
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1.5 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Carport
  • Paved Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Covered patio or porch
  • Shed

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Community Details

  • Georgetown Condos 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: Colonial
  • Estimated Year Built: 1985
  • Construction: Brick
  • Section Number: 4
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1985

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer, Window A/C Unit(s)
  • Interior Amenities: Walk-In Closet(s)
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13.00x11.06, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13.00x09.08, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Private
  • Dining Room: Dimensions: 16.00x07.09, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10.00x07.05, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 17.09x12.00, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 917
  • Price Per Sq Ft: 77.32
  • Total Finished Sf Apx: 917

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Balcony, Covered Porch
  • Road: Association, Blacktop
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Heating Cooling Types: Hot Water
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Condo/Co-op/Association

  • Annual Association Fees: 2880
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor)

Association/Amenities

  • Development Name: GEORGETOWN CONDOS

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 72
  • 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
May 11, 2011
Closed on
Aug 14, 2012
Seller's Agent
Sam Abood
Five Star Real Estate - Front St TC
Buyer's Agent
Rudy Savage
Coldwell Banker Schmidt-522
List Price
$84,900
Sold Price
$70,900
Premium/Discount to List
-$14,000
-16.49%
Current Estimated Value
$242,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,710
Avg. Annual Appreciation
9.67%

Purchase Details

Closed on
Aug 22, 1995
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- $70,900 --
-- $65,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2012 08/16/12 Sold $70,900 -16.5% $77 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
05/11/2011 05/11/11 For Sale $84,900 -- $93 / 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 $66,200 $0 $0
2022 $1,657 $79,000 $0 $0
2021 $1,624 $66,200 $0 $0
2020 $1,608 $61,500 $0 $0
2019 $1,603 $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 Abood

    Seller's Agent in 2012

    Sam Abood

    Five Star Real Estate - Front St TC

    (231) 218-5130

    10 in this area

    73 Total Sales

    Section Image

  • R

    Buyer's Agent in 2012

    Rudy Savage

    Coldwell Banker Schmidt-522

    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1726518

Northern Great Lakes REALTORS® MLS

APN: 51-592-072-00

Michigan Grand Traverse County Traverse City 49684 South Traverse City

525 Georgetown Dr Unit 72, Traverse City, MI

This home is located at 525 Georgetown Dr Unit 72, Traverse City, MI 49684 since 11 May 2011 and is currently estimated at $236,771, approximately $258 per square foot. This property was built in 1985. 525 Georgetown Dr Unit 72 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.

Nearby Homes