NOT LISTED FOR SALE

990 Lake Ridge Dr Unit 5 Traverse City, MI 49684

South Traverse City Neighborhood

Estimated Value: $565,000 - $585,173

3 Beds
2.5 Baths
1,454 Sq Ft
$397/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $310,000 $213 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,758/month

54 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 743 Feet of Waterfront
  • Craftsman Architecture
  • Central High School Rated A-
  • Lake Privileges
  • Ground Level Unit

About This Home

As of October 2017

Beautiful new condo with fantastic views of Boardman Lake from the front and side porches, living room, and master suite! 9 ft. ceilings throughout this 3 bedroom, 2.5 bath home located in the 'sold out' North Wind development. This home features modern finishes including hardwood floors and a wonderful gas fireplace on the main floor. The sleek grey kitchen has granite counters, grey tile backsplash, under-cabinet lighting, and Frigidaire Professional stainless steel french-door refrigerator, gas range, dishwasher, and microwave with a center island. Bertazzoni range hood. The upstairs master has a large walk-in closet. Upstairs bathrooms have granite counters and master has an upgraded glass shower door - also upgraded Grohe fixtures. Also included are the stackable LG washer and dryer. Covered front porch and large 2 car attached garage. Enjoy all of the best of Traverse City dining, beaches, theaters just a short distance away. Take advantage of the TART trails that border Boardman Lake or launch your kayak or paddle board just a few steps away from your condo.

Last Agent to Sell the Property

Andrew Koons

Coldwell Banker Schmidt Traver License #6501384008 Listed on: 08/31/2017

Last Buyer's Agent

Michael Mitchell

REO-TCRandolph-233022 License #6501200118

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,186

Year Built

  • Built in 2015

Lot Details

  • 743 Feet of Waterfront
  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,454 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace

Kitchen

  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Drive Under Main Level
  • Assigned Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Covered Patio or Porch

Additional Features

  • Minimal Steps
  • Ground Level Unit
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, liability insurance, snow removal, trash removal
  • North Wind Community

Amenities

  • Common Area

Recreation

  • Water Sports
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,186

Year Built

Built in 2015

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Craftsman
  • Estimated Year Built: 2015
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 10
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2015

Interior Features

  • Appliances Equipment: Disposal, Ceiling Fan
  • Interior Amenities: Walk-In Closet(s), Pantry, Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11.08x13.03, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10.06x13.02, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10.05x13.02, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 9.06x9.09, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 11.06x12, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 14x17.10, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1454
  • Price Per Sq Ft: 213.2
  • Range: R 10W
  • Total Finished Sf Apx: 1454

Exterior Features

  • Body Of Water: Boardman Lake
  • Exterior Features: Sprinkler System, Covered Porch, Landscaped, Porch
  • Foundation: Slab
  • Road: Association, Blacktop, Private Owned
  • Roof: Asphalt
  • Water Features: All Sports, Deeded Easement, Public Lake
  • Waterfront Frontage: 743

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 2
  • Primary Garage: Assigned Parking Space, Attached, Drive Under/Built-In, Concrete Floors, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Upper Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Liability Insurance, Snow Removal, Trash Removal
  • Annual Association Fees: 1920
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Amenities: Common Area, Lake Privileges, Pets Allowed, Trails
  • Development Name: North Wind

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 31, 2017
Sold by
Keith Aleo
Bought by
John Walter D and Christy Walter J
Seller's Agent
Andrew Koons
Coldwell Banker Schmidt Traver
Buyer's Agent
Michael Mitchell
REO-TCRandolph-233022
List Price
$312,500
Sold Price
$310,000
Premium/Discount to List
-$2,500
-0.8%
Current Estimated Value
$580,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,875
Avg. Annual Appreciation
8.54%

Purchase Details

Listed on
Jul 8, 2015
Closed on
Dec 23, 2015
Seller's Agent
Bob Rieck
Coldwell Banker Schmidt Traver
Buyer's Agent
Andrew Koons
Coldwell Banker Schmidt Traver
List Price
$259,900
Sold Price
$262,520
Premium/Discount to List
$2,620
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.35%
Source: Public Records

Range of Values:

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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
John Walter D $310,000 --
-- $262,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $310,000 -0.8% $213 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $312,500 +19.0% $215 / Sq Ft
12/23/2015 12/23/15 Sold $262,520 +1.0% $181 / Sq Ft
09/17/2015 09/17/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $259,900 -- $179 / 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 $6,186 $271,600 $0 $0
2024 $5,488 $277,800 $0 $0
2023 $5,105 $158,000 $0 $0
2022 $5,494 $185,100 $0 $0
2021 $8,005 $158,000 $0 $0
2020 $7,918 $154,600 $0 $0
2019 $7,851 $146,100 $0 $0
2018 $7,683 $137,000 $0 $0
2017 -- $134,900 $0 $0
2016 -- $129,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andrew Koons

    Coldwell Banker Schmidt Traver

  • Michael Mitchell

    Buyer's Agent in 2017

    Michael Mitchell

    Real Estate One

    (231) 645-2323

    50 Total Sales

    Section Image
  • Bob Rieck

    Seller's Agent in 2015

    Bob Rieck

    Coldwell Banker Schmidt Traver

    (231) 313-8926

    1 in this area

    243 Total Sales

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1837920

Northern Great Lakes REALTORS® MLS

APN: 51-749-002-01

Michigan Grand Traverse County Traverse City 49684 South Traverse City

990 Lake Ridge Dr Unit 5, Traverse City, MI

This home is located at 990 Lake Ridge Dr Unit 5, Traverse City, MI 49684 since 31 August 2017 and is currently estimated at $577,043, approximately $396 per square foot. This property was built in 2015. 990 Lake Ridge Dr Unit 5 is a home located in Grand Traverse County with nearby schools including Central Grade School, East Middle School, and Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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