NOT LISTED FOR SALE

545 Riverine Dr Unit 304 Traverse City, MI 49684

Downtown Traverse City Neighborhood

Estimated Value: $337,000 - $482,000

2 Beds
2 Baths
947 Sq Ft
$403/Sq Ft Est. Value

Last Sold October 06, 2023

Last sale price $325,000 $343 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,956/month

2 Days on Market

Highlights

  • Water Views
  • River Access
  • Main Floor Primary Bedroom
  • Central High School Rated A-
  • Contemporary Architecture
  • Formal Dining Room

About This Home

As of October 2023

Cozy condo nestled in a secluded community in downtown Traverse City! Located by the Boardman River, enjoy easy portage for stand up paddling, kayaking, & canoeing. The complex is right on the popular TART Trail for easy jaunts to the library, markets, parks, and all downtown amenities. This meticulously maintained 3rd floor unit is light and bright and in the absolute perfect location. Enjoy main floor living with an efficient kitchen with plenty of cupboard space, formal dining area, third-floor balcony, and primary bedroom w/ private bath. Ideal for the person with an active lifestyle or if downsizing & simplifying is in your future. This would also be an amazing Up North vacation home. A great find!

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 09/14/2023

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Christina Ingersoll

REMAX Bayshore - Union St TC License #6501279134

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,322

Year Built

  • Built in 1989

Lot Details

  • Landscaped
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 947 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Bay Window
  • Formal Dining Room
  • Water Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Riverine Condominium Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,322

Year Built

Built in 1989

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary
  • Estimated Year Built: 1989
  • Construction: Frame
  • Section Number: 3
  • Year Updated: 2022
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1989

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Natural Gas Water Heater
  • Interior Amenities: Bay Window(s), Formal Dining Room, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12.5x11, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 11x11, On Level: Main Floor, Flooring: Laminate
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 10.5x9.5, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 12x9.5, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 13.5x13.5, On Level: Main Floor, Flooring: Laminate
  • Estimated Above Ground Finished Sq Ft: 947
  • Price Per Sq Ft: 343.19
  • Range: R 11W
  • Total Finished Sf Apx: 947

Exterior Features

  • Exterior Features: Balcony, Landscaped
  • Exterior Finish: Wood
  • Foundation: Slab
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: River, Water View, Vegetation to Water Edge

Garage/Parking

  • Driveway: Blacktop, Shared

Utilities

  • Fireplaces And Stoves: Insert
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, DSL, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • Condo: Yes
  • Condo Unit Access: Stairway (Outdoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 225

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: RIVERINE CONDOMINIUM

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Cleared
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 6, 2023
Sold by
Hilden Sherlyn R
Bought by
Manikas Costantine
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Christina Ingersoll
REMAX Bayshore - Union St TC
List Price
$325,000
Sold Price
$325,000
Views
17
Current Estimated Value
$387,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,339
Avg. Annual Appreciation
7.56%

Purchase Details

Listed on
Apr 13, 2016
Closed on
May 13, 2016
Seller's Agent
Matthew Dakoske
REMAX Bayshore - Union St TC
Buyer's Agent
Catherine Barris
REO-TCRandolph-233022
List Price
$150,000
Sold Price
$147,500
Premium/Discount to List
-$2,500
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
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
Manikas Costantine $325,000 --
-- $147,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2023 10/06/23 Sold $325,000 0.0% $343 / Sq Ft
09/14/2023 09/14/23 For Sale $325,000 +120.3% $343 / Sq Ft
05/13/2016 05/13/16 Sold $147,500 -1.7% $148 / Sq Ft
04/13/2016 04/13/16 For Sale $150,000 -- $150 / Sq Ft
04/12/2016 04/12/16 Pending -- -- --
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 $7,322 $158,600 $0 $0
2024 $6,780 $128,100 $0 $0
2023 $2,964 $89,300 $0 $0
2022 $3,173 $114,500 $0 $0
2021 $3,028 $89,300 $0 $0
2020 $2,999 $83,300 $0 $0
2019 $2,989 $81,200 $0 $0
2018 $2,931 $73,800 $0 $0
2017 -- $73,600 $0 $0
2016 -- $67,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hagan

    Seller's Agent in 2023

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    8 in this area

    396 Total Sales

    Section Image
  • Christina Ingersoll

    Buyer's Agent in 2023

    Christina Ingersoll

    RE/MAX Michigan

    (231) 883-4921

    3 in this area

    409 Total Sales

    Section Image
  • Matthew Dakoske

    Seller's Agent in 2016

    Matthew Dakoske

    RE/MAX Michigan

    (231) 590-7722

    19 in this area

    746 Total Sales

    Section Image
  • Catherine Barris

    Buyer's Agent in 2016

    Catherine Barris

    Real Estate One

    (231) 633-4921

    35 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1915678

Northern Great Lakes REALTORS® MLS

APN: 51-747-002-16

Michigan Grand Traverse County Traverse City 49684 Downtown Traverse City

545 Riverine Dr Unit 304, Traverse City, MI

This home is located at 545 Riverine Dr Unit 304, Traverse City, MI 49684 since 14 September 2023 and is currently estimated at $381,426, approximately $402 per square foot. This property was built in 1989. 545 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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