This is the one you have been looking for. Here you will find the ultimate combination- penthouse living, amazing location, & STR income potential. Enjoy elevated downtown living in Traverse City. Located between Front and State, this top-floor residence is walking distance to Front Street, a variety of restaurants, shopping, and the TART Trail. West Bay is only a block away, making this the ideal home base for both urban convenience and waterfront enjoyment. This beautiful condo features exceptional privacy with only 8 condos in the building, no shared walls, and only two units on the level. Thoughtful design and high-end finishes define the space, including 9-foot ceilings, open floor plan design, granite countertops, hardwood flooring, secure entrance, elevator, convenient parking, and a private balcony with views of the Bay. Whether you are looking for a personal residence, an investment property for your portfolio, or both, this fabulous condo checks all the boxes. Make it yours today.
Sold for $800,000
$800,000
113 Park St #501, Traverse City, MI 49684
2beds
1,422sqft
Condominium, Single Family Residence
Built in 2018
-- sqft lot
$800,500 Zestimate®
$563/sqft
$2,611 Estimated rent
Home value
$800,500
$744,000 - $865,000
$2,611/mo
Zestimate® history
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$11,628/mo
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List your homeWhat's special
High-end finishesThoughtful designSecure entranceGranite countertopsHardwood flooringOpen floor plan designConvenient parking
Zillow last checked:
Listing updated:
Listed by:
Desiree Rajala 517-243-2635,
Golden Swan Management 239-848-7552
Bought with:
NON MLS Member
Source: NGLRMLS,MLS#: 1942827
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
Primary bedroom
- Area: 224
- Dimensions: 14 x 16
Bedroom 2
- Area: 140
- Dimensions: 14 x 10
Primary bathroom
- Features: Private
Dining room
- Width: 14
Kitchen
- Length: 14
Living room
- Area: 196
- Dimensions: 14 x 14
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
- Laundry: Main Level
Features
- Walk-In Closet(s), Granite Bath Tops, Granite Counters, Kitchen Island, Ceiling Fan(s), High Speed Internet
- Windows: Blinds
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,422
- Total interior livable area: 1,422 sqft
- Finished area above ground: 1,422
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Entry location: Elevator,Third Floor Lvl or Higher
- Exterior features: Balcony, Sidewalk
- Has view: Yes
- View description: Bay, Bay View
- Has water view: Yes
- Water view: Bay
Lot
- Features: Level
Details
- Additional structures: None
- Parcel number: 285174500900
- Zoning description: Residential,Deed Restrictions
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Block, Steel Siding
- Foundation: Slab
- Roof: Membrane
Condition
- New construction: No
- Year built: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pets Allowed
- Subdivision: Radio Centre III
HOA
- Services included: Trash, Snow Removal, Maintenance Structure, Liability Insurance, Other
- HOA fee: $6,780 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $563/sqft
- Tax assessed value: $380,000
- Annual tax amount: $21,371
- Price range: $800K - $800K
- Date on market: 3/10/2026
- Cumulative days on market: 134 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2026 | Sold | $800,000-2.9%$563/sqft |
Source:  NGLRMLS #1942827 Report a problem | ||
| 5/26/2026 | Price change | $824,000-2.9%$579/sqft |
Source: NGLRMLS #1942827 Report a problem | ||
| 3/10/2026 | Listed for sale | $849,000+32.7%$597/sqft |
Source: NGLRMLS #1942827 Report a problem | ||
| 7/9/2020 | Sold | $640,000$450/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,789 +6.6% | -- |
| 2024 | $21,371 +3.5% | $399,200 +5.1% |
| 2023 | $20,642 +23.1% | $379,700 +3.7% |
| 2022 | $16,765 +1.1% | $366,100 +6.3% |
| 2021 | $16,583 +0.8% | $344,300 +1.9% |
| 2020 | $16,445 | $337,900 +18.4% |
| 2019 | $16,445 +187.9% | $285,300 +136.6% |
| 2018 | $5,713 | $120,600 +225.9% |
| 2017 | -- | $37,000 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 0.5 mi
- 7/10Central High SchoolGrades: 8-12Distance: 1.5 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 4.9 mi
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Grand Traverse County
- Traverse City
- 49684
- Downtown
- 113 Park St Unit 501
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