NOT LISTED FOR SALE

Estimated Value: $345,000 - $367,000

2 Beds
2 Baths
961 Sq Ft
$369/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $365,000 $380 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,981/month

31 Days on Market

Highlights

  • Breakfast Area or Nook
  • Elevator
  • Walk-In Closet
  • Central High School Rated A-
  • Balcony
  • 4-minute walk to Jupiter Park

About This Home

As of August 2024

Turn key, furnished, professionally designed, revenue generating condo! Perfect for an investor or someone looking for a ready to go primary or secondary home! This condo is on the second floor of Trailside 45, a complex in downtown Traverse City where short term rentals are allowed. The building sits directly on The TART trail and offers locked bike rooms on every floor for owner or guest use. The HOA is also pet friendly which is rare, allowing for the option to increase revenues with a pet friendly rental. The building has an elevator and widened halls. It also has a common room on the 4th floor. Perfect for large groups needed to work or gather. The condo has in unit washer and dryer, a bathroom off of every bedroom, large walk in closets and a private balcony. The building is a short five minute pedal from Front Street, multiple beaches, marinas and Bay front parks, the Civic Center, The Filling Station Microbrewery, Elev8 Climbing Gym, three bike shops, Silver Spruce Brewing Company, and so many more of downtown TC’s award-winning offerings! 2023 gross revenue +70k

Last Agent to Sell the Property

Kara Gelven

Peninsula Properties Realty License #6506048623 Listed on: 05/31/2024

Last Buyer's Agent

Eric Hubschneider

REO-TCRandolph-233022 License #6501376815

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,160

Year Built

  • Built in 2018

Lot Details

  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • Shared Driveway

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Frame Construction
  • Block Exterior

Interior Spaces

  • 961 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Rods
  • Entrance Foyer

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • Handicap Accessible

Community Details

Overview

  • Association fees include water, sewer, trash removal, snow removal, lawn care, exterior maintenance, liability insurance
  • Trailside 45 Community

Amenities

  • Common Area
  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,160

Year Built

Built in 2018

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 2018
  • Construction: Frame
  • Univs Design Barrier Free: Extra Wide Hallways, No Steps Entry, Covered Entrance, Elevator
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2018

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Curtain Rods, Ceiling Fan, Smoke Alarms(s)
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Breakfast Nook, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 10x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x11, On Level: Main Floor, Flooring: Carpet
  • 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: 10x6, On Level: Main Floor, Flooring: Other
  • Kitchen: Dimensions: 10x14, On Level: Main Floor, Flooring: Other
  • Living Room: Dimensions: 11.5x9
  • Range: R 11W
  • Total Finished Sf Apx: 961

Exterior Features

  • Exterior Features: Sprinkler System, Balcony, Sidewalk, Handicap Access
  • Exterior Finish: Brick, Block
  • Foundation: Entrance Inside, Shared Storage
  • Road: Public Maintained

Garage/Parking

  • Driveway: Shared

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Other
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Water, Sewer, Trash Removal, Snow Removal, Lawn Care, Exterior Maintenance, Liability Insurance
  • Condo: Yes
  • Condo Unit Access: Elevator, Stairway (Outdoor), Stairway (Indoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 360

Association/Amenities

  • Development Amenities: Pets Allowed, Common Area
  • Development Name: Trailside 45

Lot Info

  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Rental History

Rental Info

  • Rent Spree Y N: No

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 List to Sale Price per Sq Ft Prior Sale
08/06/2024 08/06/24 Sold $365,000 -2.7% $380 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $375,000 +2.7% $390 / Sq Ft
06/15/2022 06/15/22 Sold $365,000 +1.4% $380 / Sq Ft View Prior Sale
06/01/2022 06/01/22 For Sale $360,000 -- $375 / 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 $9,160 $176,200 $0 $0
2024 $8,462 $179,200 $0 $0
2023 $7,938 $156,983 $0 $0
2022 $7,346 $134,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1922942

Northern Great Lakes REALTORS® MLS

APN: 51-251-002-19