NOT LISTED FOR SALE

Estimated Value: $439,832

1 Bed
1 Bath
711 Sq Ft
$619/Sq Ft Est. Value

Last Sold November 29, 2024

Last sale price $429,900 $605 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,109/month

53 Days on Market

Highlights

  • Heated Driveway
  • Granite Countertops
  • Balcony
  • Willow Hill Elementary School Rated A-
  • Elevator
  • Forced Air Heating and Cooling System

About This Home

As of November 2024

A gem at the GT Commons! This 1 BR/1 bath top floor unit with a large, large balcony overlooking the majesty of Building 50 is perfect for a retired couple - or an Up North retreat (it could be a STR). Located in the midst of shops, restaurants, gathering lawns, hiking/biking trails - but just far enough away to be quiet and peaceful. Eleven foot ceilings, gorgeous windows and delightful brickwork weaves a magic spell the minute you walk in. Elevators, keyed entry along with an underground parking spot make this one of the unique - and most desirable situations in the entire complex. It's in Garfield township - which means lower taxes. If you've never been to the Commons, there's a delightful, vibrant energy to the entire community. This unit was new in 2019 - and has never been rented out. It COULD be a STR with a good cash flow. Fiber optic cable. Showings begin Saturday, August 24th.

Last Agent to Sell the Property

Jack Lane

REO-TCFront-233021 Listed on: 08/20/2024

REO-TCFront-233021

Last Buyer's Agent

Jack Lane

REO-TCFront-233021 Listed on: 08/20/2024

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • Landscaped
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $282 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Membrane Roofing
  • Steel Siding

Interior Spaces

  • 711 Sq Ft Home
  • 2-Story Property
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops

Parking

  • 1 Car Garage
  • Heated Garage
  • Garage Door Opener
  • Heated Driveway
  • Drive Under Main Level

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, fire insurance, lawn care, liability insurance, sewer, snow removal, trash removal, water
  • Lofts At 58 Community

Amenities

  • Common Area
  • Elevator

Recreation

  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

7,318 Sq Ft Lot

HOA Fees

$282 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2+ Story
  • Estimated Year Built: 2019
  • Construction: Brick
  • Univs Design Barrier Free: Extra Wide Hallways, No Steps Entry, Covered Entrance, Ramped Entrance, Levered Door Knobs, Elevator
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Equipment: Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Granite Bath Tops, Granite Kitchen Tops
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 12.11x11.08
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 11.6x7.8
  • Kitchen: Dimensions: 8.10x12
  • Living Room: Dimensions: 13x11
  • Range: R 11W
  • Total Finished Sf Apx: 711

Exterior Features

  • Exterior Features: Sprinkler System, Balcony, Landscaped
  • Exterior Finish: Brick, Steel
  • Foundation: Poured Concrete, Slab
  • Road: Private Owned, Association, Blacktop, Privately Maintained
  • Roof: Membrane

Garage/Parking

  • Driveway: Heated, Blacktop
  • Garage Capacity: 1
  • Primary Garage: Drive Under/Built-In, Door Opener, Paved Driveway, Heated, Concrete Floors

Utilities

  • Heating Cooling Types: Forced Air, Central Air, Heat Pump
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • 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: Elevator, Stairway (Indoor)
  • Condo Unit Level: Second Floor Level
  • Association Fees: Monthly
  • Monthly Assn Dues: 281.7

Association/Amenities

  • Development Amenities: Pets Allowed, Common Area, Trails
  • Development Name: Lofts at 58

Lot Info

  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Multi-Family, Planned Unit Development

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
Aug 20, 2024
Closed on
Nov 27, 2024
Sold by
Ross Lee
Bought by
Bonner Trust
Seller's Agent
Jack Lane
REO-TCFront-233021
Buyer's Agent
Jack Lane
REO-TCFront-233021
List Price
$449,900
Sold Price
$429,900
Premium/Discount to List
-$20,000
-4.45%
Views
20
Current Estimated Value
$439,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,932
Avg. Annual Appreciation
1.77%

Purchase Details

Closed on
Sep 23, 2019
Sold by
Building Llc
Bought by
Ross Lee R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Bonner Trust $429,900 --
Ross Lee R $285,630 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2024 11/29/24 Sold $429,900 0.0% $605 / Sq Ft
09/14/2024 09/14/24 Price Changed $429,900 -4.4% $605 / Sq Ft
08/20/2024 08/20/24 For Sale $449,900 -- $633 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

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 $6,453 $202,700 $0 $0
2024 $5,200 $186,400 $0 $0
2023 $4,964 $127,600 $0 $0
2022 $5,876 $164,000 $0 $0
2021 $5,684 $127,600 $0 $0
2020 $5,713 $126,600 $0 $0
2019 $298 $12,100 $0 $0
2018 $0 $9,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1926152

Northern Great Lakes REALTORS® MLS

APN: 05-416-018-00

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