PENDING
$16K PRICE DROP
705 Cypress St Unit 207 Traverse City, MI 49684
Slabtown NeighborhoodEstimated payment $2,548/month
Total Views
13,070
1
Bed
1
Bath
550
Sq Ft
$562
Price per Sq Ft
Highlights
- Contemporary Architecture
- Solid Surface Countertops
- 1-Story Property
- Willow Hill Elementary School Rated A-
- Forced Air Heating and Cooling System
- 1-minute walk to Wags West Dog Park
About This Home
Check out the beach, play some pickleball, enjoy Traverse City's amazing foodie scene, and hop over to the heart of downtown and do it all quickly from the doorstep of this beautiful income-producing condo. Are you looking to relax in Traverse City for a few weeks out of the year and let the short-term rental income offset your mortgage? If so, stop scrolling, you are home. Cypress 207 embodies the lifestyle everyone is looking for when it comes to the downtown experience.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,835
Year Built
- Built in 2020
Lot Details
- Landscaped
- Level Lot
- Sprinkler System
- The community has rules related to zoning restrictions
HOA Fees
- $278 Monthly HOA Fees
Parking
- Shared Driveway
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Frame Construction
- Membrane Roofing
Interior Spaces
- 550 Sq Ft Home
- 1-Story Property
- Crawl Space
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
Overview
- Association fees include trash removal, snow removal, lawn care, exterior maintenance, liability insurance
- Cypress Condominiums Community
Amenities
- Common Area
Map
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Home Values in the Area
Average Home Value in this Area
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 | $7,835 | $159,200 | $0 | $0 |
| 2024 | $7,239 | $159,500 | $0 | $0 |
| 2023 | $6,790 | $70,500 | $0 | $0 |
| 2022 | $3,990 | $88,900 | $0 | $0 |
| 2021 | $3,893 | $70,500 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/23/2025 10/23/25 | Pending | -- | -- | -- |
| 10/20/2025 10/20/25 | Price Changed | $309,000 | -4.9% | $562 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $325,000 | -- | $591 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $249,900 | -- |
Source: Public Records
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1936161
APN: 51-629-001-07
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