NOT LISTED FOR SALE

Estimated Value: $358,781 - $391,000

2 Beds
2 Baths
765 Sq Ft
$491/Sq Ft Est. Value

Last Sold July 19, 2022

Last sale price $425,000 $556 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,058/month

15 Days on Market

Highlights

  • Granite Countertops
  • Forced Air Heating and Cooling System
  • Granite Bathroom Countertops
  • Central High School Rated A-
  • Patio
  • Level Lot

About This Home

As of July 2022

Established short term rental with a SHARED ROOFTOP BALCONY in walking distance to Downtown Traverse City. This unit grossed over 70K in rental income between September 2021 and October 2022. The Condo is coming fully furnished and has some seasonal views of the Bay along with peek a boo views in the summer. This is a great opportunity to get a condo in which you can use and offset costs with the rents. Explore beaches, wineries, and downtown before coming back to your Condo and relaxing on the Patio to end the evening. Condo is coming fully furnished, so this is a turn key opportunity.

Last Agent to Sell the Property

Sam Flamont

The Mitten Real Estate Group Listed on: 06/27/2022

Last Buyer's Agent

Ann Porter

REO-TCRandolph-233022

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

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

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Alley Access

Home Design

  • 765 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal, trash removal
  • Cityside Lofts Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

784 Sq Ft Lot

HOA Fees

$175 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Estimated Year Built: 2019
  • Construction: Frame, Under Construction
  • Univs Design Barrier Free: Main Floor Access
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2019

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Granite Bath Tops, Granite Kitchen Tops
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11x12
  • Bedroom 2: Dimensions: 11x9
  • 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
  • Kitchen: Dimensions: 10x13
  • Living Room: Dimensions: 13x13
  • Range: R 11W
  • Total Finished Sf Apx: 765

Exterior Features

  • Exterior Features: Patio
  • Exterior Finish: Vinyl, Brick
  • Foundation: Slab
  • Road: Blacktop
  • Roof: Membrane

Garage/Parking

  • Driveway: Blacktop, Alley Access

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Snow Removal, Trash Removal
  • Condo: Yes
  • Condo Unit Access: Stairway (Indoor)
  • Condo Unit Level: Third Floor Lvl or Higher
  • Association Fees: Monthly
  • Monthly Assn Dues: 175

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: CitySide Lofts

Lot Info

  • Land Features: Level
  • Mineral Rights: Unknown
  • 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
Jun 27, 2022
Closed on
Jul 19, 2022
Sold by
Cityside Lofts Llc
Bought by
Suryavanshi Mgmt Llc
Seller's Agent
Sam Flamont
The Mitten Real Estate Group
Buyer's Agent
Ann Porter
REO-TCRandolph-233022
List Price
$445,000
Sold Price
$425,000
Premium/Discount to List
-$20,000
-4.49%
Current Estimated Value
$375,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,055
Avg. Annual Appreciation
-3.29%
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
Suryavanshi Mgmt Llc $425,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2022 07/19/22 Sold $425,000 -4.5% $556 / Sq Ft
06/27/2022 06/27/22 For Sale $445,000 -- $582 / 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 $10,484 $202,900 $0 $0
2024 $9,686 $200,900 $0 $0
2023 $9,086 $129,500 $0 $0
2022 $3,997 $134,100 $0 $0
2021 $3,900 $129,500 $0 $0
2020 $3,858 $128,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1901759

Northern Great Lakes REALTORS® MLS

APN: 51-179-002-00

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