NOT LISTED FOR SALE

525 Riverine Dr Unit 304 Traverse City, MI 49684

Downtown Traverse City Neighborhood

Estimated Value: $330,174 - $482,000

2 Beds
2 Baths
950 Sq Ft
$391/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $257,000 $271 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,913/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 600 Feet of Waterfront
  • Formal Dining Room
  • Central High School Rated A-
  • Cathedral Ceiling
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Direct Waterfront Condo in the quiet Downtown Riverine Association - with carport included! Enjoy relaxing on the balcony overlooking the sleepy Boardman River - Inside, inviting cathedral ceilings and a wood burning fireplace will warm the atmosphere. Just off the tart trail, Riveriners are able to walk and bike to our communities finest dining establishments or the neighboring health food co-opp grocery. This unit is being sold with newer mechanicals installed 2019 including electric water heater, natural gas furnace, and central AC. 2 bed/2 bath third floor unit comes in a "white box", ready to customizable condition. Covered parking is a bonus!

Last Agent to Sell the Property

Matthew Dakoske

REMAX Bayshore - Union St TC License #6501148333 Listed on: 11/05/2021

REMAX Bayshore - Union St TC

Last Buyer's Agent

David Crawford

Key Realty One-TC License #6501432210

Key Realty One-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,160

Year Built

  • Built in 1990

Lot Details

  • 600 Feet of Waterfront
  • Landscaped
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $224 Monthly HOA Fees

Parking

  • Carport

Home Design

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

Interior Spaces

  • 950 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, fire insurance, lawn care, liability insurance, sewer, snow removal, trash removal, water
  • Riverine Condo Association Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,160

Year Built

Built in 1990

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Apartment
  • Estimated Year Built: 1990
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 3
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1990

Interior Features

  • Appliances Equipment: No Appliances
  • Interior Amenities: Cathedral Ceilings, Formal Dining Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11x10
  • Bedroom 2: Dimensions: 10x10
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: 12x9.5
  • Living Room: Dimensions: 10.11x13
  • Estimated Above Ground Finished Sq Ft: 950
  • Price Per Sq Ft: 270.53
  • Range: R 10W
  • Total Finished Sf Apx: 950

Exterior Features

  • Body Of Water: Boardman River
  • Exterior Features: Sprinkler System, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: River
  • Waterfront Frontage: 600

Garage/Parking

  • Driveway: Blacktop
  • Primary Garage: Carport

Utilities

  • Fireplaces And Stoves: Wood
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Upper Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Condo: Yes
  • Condo Unit Access: Stairway (Outdoor)
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 224

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Riverine Condo Association

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Parcel Description: Condo/None, Site Condo
  • Zoning Use Restrictions: Residential, Multi-Family

MLS Schools

  • School District: Traverse City Area Public Schools

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $257,000 +11.7% $271 / Sq Ft
11/05/2021 11/05/21 For Sale $230,000 +13.0% $242 / Sq Ft
10/29/2020 10/29/20 Sold $203,500 0.0% $214 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $203,500 -- $214 / 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 $7,160 $158,700 $0 $0
2024 $6,630 $128,200 $0 $0
2023 $6,223 $89,500 $0 $0
2022 $6,462 $114,600 $0 $0
2021 $5,090 $89,500 $0 $0
2020 $1,527 $83,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matthew Dakoske

    Seller's Agent in 2021

    Matthew Dakoske

    RE/MAX Michigan

    (231) 590-7722

    19 in this area

    746 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    David Crawford

    Key Realty One-TC

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1894797

Northern Great Lakes REALTORS® MLS

APN: 51-747-001-16

Michigan Grand Traverse County Traverse City 49684 Downtown Traverse City

525 Riverine Dr Unit 304, Traverse City, MI

This home is located at 525 Riverine Dr Unit 304, Traverse City, MI 49684 since 05 November 2021 and is currently estimated at $371,294, approximately $390 per square foot. This property was built in 1990. 525 Riverine Dr Unit 304 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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