715 E State St Unit 28 Traverse City, MI 49686
Oak Park NeighborhoodEstimated payment $3,574/month
Highlights
- Popular Property
- Deck
- Wood Flooring
- Central High School Rated A-
- Contemporary Architecture
- 2-minute walk to F and M Park
About This Home
Overlooking a park in downtown Traverse City, this condo offers the rare combination of walkability, privacy, and comfort—just moments from the bay, beaches, and the city’s best dining and shopping. The interior features a bright, open main level designed for both relaxed living and easy hosting. The kitchen anchors the space, flowing naturally into the dining and living areas. Upstairs, two spacious bedrooms each offer their own ensuite bath, creating ideal separation for guests, roommates, or everyday living. A main-level half bath adds extra convenience. Enjoy a lifestyle that’s low-maintenance yet fully connected—morning coffee by the water, afternoon park strolls, and evenings downtown, all without getting in your car. Whether you’re planting roots, looking for a lock-and-leave second home, or adding to your portfolio, this condo delivers location, layout, and livability in one of Traverse City’s most desirable downtown settings.
Listing Agent
Coldwell Banker Schmidt Traverse City Brokerage Phone: 231-499-1990 Listed on: 01/22/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 2005
Lot Details
- Landscaped
- Level Lot
- Sprinkler System
HOA Fees
- $223 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Slab Foundation
- Asphalt Roof
Interior Spaces
- 1,142 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
Laundry
- Laundry on upper level
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Association fees include ground maintenance, maintenance structure
- Bay Park I Subdivision
Map
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 | $10,324 | $224,600 | $0 | $0 |
| 2024 | $9,538 | $194,600 | $0 | $0 |
| 2023 | $8,947 | $167,000 | $0 | $0 |
| 2022 | $9,233 | $172,700 | $0 | $0 |
| 2021 | $9,010 | $167,000 | $0 | $0 |
| 2020 | $8,912 | $160,900 | $0 | $0 |
| 2019 | $7,928 | $154,100 | $0 | $0 |
| 2018 | $7,249 | $133,400 | $0 | $0 |
| 2017 | -- | $126,600 | $0 | $0 |
| 2016 | -- | $106,300 | $0 | $0 |
| 2014 | -- | $95,500 | $0 | $0 |
| 2012 | -- | $91,600 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/23/2026 02/23/26 | Price Changed | $485,000 | -3.0% | $425 / Sq Ft |
| 02/12/2026 02/12/26 | Price Changed | $499,900 | -4.8% | $438 / Sq Ft |
| 02/09/2026 02/09/26 | Price Changed | $525,000 | -1.9% | $460 / Sq Ft |
| 01/22/2026 01/22/26 | For Sale | $535,000 | -- | $468 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $300,000 | -- | |
| Deed | -- | -- | |
| Deed | $188,300 | -- |
About the Listing Agent
So many decisions. Buying a northern Michigan property? Or looking to sell one? Choosing who to guide you through this process is a major decision. Shawn Schmidt Smith is an experienced agent who can help. Shawn is uniquely qualified to do it all. As a top producer for the last several years and a fourth generation Traverse City Realtor, it is hard to find someone who has been around real estate more. Shawn's family owns and operates Coldwell Banker Schmidt Family of Companies, the #1 brokerage
Shawn's Other Listings
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1941826
APN: 51-481-001-28
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Ask me questions while you tour the home.