NOT LISTED FOR SALE

Estimated Value: $230,000 - $269,000

1 Bed
1 Bath
534 Sq Ft
$464/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $120,000 $225 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,848/month

225 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 600 Feet of Waterfront
  • Sandy Beach
  • Courtade Elementary School Rated A-
  • Golf Course Community
  • In Ground Pool

About This Home

As of March 2016

Live and enjoy Grand Traverse Bay and the Traverse City region with this maintenance-free walkout and furnished condo with a view! This bright and airy one bedroom condo has many recent beautiful upgrades, a back deck to enjoy the sunset, and its only a quick walk to the beach club and the lengthy East Bay shoreline. Experience all of the great things available at Grand Traverse Resort including the beach club, award-winning golf and dining, shopping, and much more all year long. Plus, Traverse City, Elk Rapids and more are only a short drive away. Explore the area on the weekends, and the times you aren't at your condo, rent it for as much as $200 per night! This can make a great vacation/income property without any updates needed!

Last Agent to Sell the Property

Blake Bernard

REO-TCRandolph-233022 License #6501380347 Listed on: 08/12/2015

REO-TCRandolph-233022

Last Buyer's Agent

Ted Schweitzer

REO-TCFront-233021 License #6501377647

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,302

Year Built

  • Built in 1986

Lot Details

  • 600 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 534 Sq Ft Home
  • 1-Story Property
  • Bay Window
  • Entrance Foyer
  • Bay Views
  • Walk-Out Basement

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Minimal Steps

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Waterfront Park
  • Lake Privileges
  • Tiered Deck
  • Outdoor Grill

Location

  • Ground Level Unit
  • Property is near a Great Lake

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Natural Gas 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
  • The Shores Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Exercise Course
  • Community Pool
  • Community Spa
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,302

Year Built

Built in 1986

Lot Details

0

HOA Fees

$222 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1986
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 34
  • Univs Design Barrier Free: Main Floor Access, Covered Entrance, Ramped Entrance
  • Year Updated: 2015
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1986

Interior Features

  • Appliances Equipment: Refrigerator, Dishwasher, Microwave, Freezer, Cook Top, Natural Gas Water Heater
  • Interior Amenities: Bay Window(s), Foyer Entrance, Drywall
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 11.6x11.4, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room: Dimensions: comboxcombo, On Level: Main Floor, Flooring: Tile
  • Kitchen: Dimensions: comboxcombo, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 16.6x11.6, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 534
  • Price Per Sq Ft: 224.72
  • Range: R 10W
  • Total Finished Sf Apx: 534

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Bay View, In Ground Pool, Deck, Multi-Level Decking, Tennis Court, Built-in Grill
  • Exterior Finish: Wood
  • Foundation: Walkout, Slab
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Water View, Sandy Bottom, Great Lake
  • Waterfront Frontage: 600

Garage/Parking

  • Driveway: Blacktop
  • Primary Garage: Paved Driveway

Utilities

  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV
  • Water: Shared Well

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Fire Insurance, Lawn Care, Liability Insurance, Sewer, Snow Removal, Trash Removal, Water
  • Annual Association Fees: 2658
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Amenities: Golf Course, Community Dock, Clubhouse, Tennis Court, Exercise Facility, Pool, Lake Privileges, Water Front Park, Pets Allowed, Spa, Common Area
  • Development Name: The Shores

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Deed Restrictions, Building-Use Restrictions, Rental History

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2018
Sold by
Esper Michael K and Esper Jennifer
Bought by
Lakeshore Condos Llc
Current Estimated Value
$247,930

Purchase Details

Listed on
Aug 12, 2015
Closed on
Mar 25, 2016
Seller's Agent
Blake Bernard
REO-TCRandolph-233022
Buyer's Agent
Ted Schweitzer
REO-TCFront-233021
List Price
$129,900
Sold Price
$120,000
Premium/Discount to List
-$9,900
-7.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jan 10, 2014
Seller's Agent
Louise Sprague
Keller Williams Northern Michi
Buyer's Agent
Louise Sprague
Keller Williams Northern Michi
List Price
$118,900
Sold Price
$114,500
Premium/Discount to List
-$4,400
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%

Purchase Details

Closed on
May 28, 2004

Purchase Details

Closed on
Mar 23, 2001

Purchase Details

Closed on
Jul 28, 2000
Source: Public Records

Range of Values:

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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
Lakeshore Condos Llc -- --
-- $120,000 --
-- $114,500 --
-- $147,500 --
-- $139,000 --
-- $118,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2016 03/25/16 Sold $120,000 -7.6% $225 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
08/12/2015 08/12/15 For Sale $129,900 +13.4% $243 / Sq Ft
01/08/2014 01/08/14 Sold $114,500 -3.7% $214 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $118,900 -- $223 / 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 $3,302 $120,000 $0 $0
2024 $2,654 $114,900 $0 $0
2023 $2,534 $77,400 $0 $0
2022 $2,989 $77,400 $0 $0
2021 $2,893 $77,400 $0 $0
2020 $2,839 $63,900 $0 $0
2019 $2,815 $61,800 $0 $0
2018 $2,815 $61,800 $0 $0
2017 -- $61,800 $0 $0
2016 -- $53,800 $0 $0
2014 -- $49,600 $0 $0
2012 -- $50,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1804816

Northern Great Lakes REALTORS® MLS

APN: 01-618-113-00