Exceptional Downtown Traverse City location. Just steps away from beaches restaurants, shopping, Tart Trail and so much more. This brand new urban oasis includes a private roof top terrace with views over West Grand Traverse Bay and is the perfect fit for a short term rental investment or a space to personally enjoy everything Downtown Traverse City has to offer. Features include a well appointed kitchen with quartz countertops and stainless steel appliances, two full baths both with walk-in tile showers, two bedrooms, vinyl plank flooring throughout, laundry room and a private one car attached garage. The perfect walkable location for you or your future guests to enjoy the heartbeat of Traverse City.
Sold for $515,000
$515,000
118 Gillis St #2, Traverse City, MI 49684
2beds
904sqft
Condominium, Single Family Residence, Townhouse
Built in 2023
-- sqft lot
$489,800 Zestimate®
$570/sqft
$2,278 Estimated rent
Home value
$489,800
$465,000 - $514,000
$2,278/mo
Zestimate® history
Owner options
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$4,921/mo
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Steve Scheppe Cell:231-590-5823,
Viewpoint Realty 231-943-6145
Bought with:
Bridget Carefoot, 6501317056
Century 21 Northland
Source: NGLRMLS,MLS#: 1921974
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Primary bedroom
- Level: Upper
- Area: 135
- Dimensions: 13.5 x 10
Bedroom 2
- Level: Upper
- Area: 87.75
- Dimensions: 9.75 x 9
Primary bathroom
- Features: None
Kitchen
- Level: Main
- Area: 56.25
- Dimensions: 7.5 x 7.5
Living room
- Level: Main
- Area: 144.38
- Dimensions: 13.75 x 10.5
Heating
- Forced Air, Heat Pump
Cooling
- Central Air, Electric
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Exhaust Fan, Electric Water Heater
- Laundry: Main Level
Features
- Walk-In Closet(s), Granite Bath Tops, Granite Counters, Drywall, Ceiling Fan(s), Cable TV, High Speed Internet
- Flooring: Vinyl
- Windows: Blinds
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 904
- Total interior livable area: 904 sqft
- Finished area above ground: 904
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Attached, Drive Under/Built-In, Garage Door Opener, Paved, Concrete Floors, Asphalt
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: 2+ Story
- Stories: 2
- Entry location: Stairway (Indoor),Other
- Has view: Yes
- View description: Bay, Water, Bay View
- Has water view: Yes
- Water view: Water,Bay
Lot
- Features: Level, Landscaped
Details
- Additional structures: None
- Parcel number: 5116200102
- Zoning description: Residential
Construction
Type & style
- Home type: Townhouse
- Architectural style: Contemporary,Townhouse
- Property subtype: Condominium, Single Family Residence, Townhouse
- Attached to another structure: Yes
Materials
- Frame, Wood Siding, Other
- Foundation: Slab
- Roof: Membrane
Condition
- New Construction
- New construction: Yes
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pets Allowed
- Security: Smoke Detector(s)
- Subdivision: Fresh Water Flats II
HOA
- Services included: Trash, Snow Removal, Maintenance Grounds
- HOA fee: $1,800 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $570/sqft
- Tax assessed value: $470,400
- Annual tax amount: $11,369
- Price range: $515K - $515K
- Date on market: 5/7/2024
- Cumulative days on market: 91 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2024 | Sold | $515,000-1.9%$570/sqft |
Source:  NGLRMLS #1921974 Report a problem | ||
| 6/25/2024 | Price change | $524,900-4.5%$581/sqft |
Source: NGLRMLS #1921974 Report a problem | ||
| 5/7/2024 | Listed for sale | $549,900$608/sqft |
Source: NGLRMLS #1921974 Report a problem | ||
| 5/3/2024 | Listing removed | -- |
Source: NGLRMLS #1919870 Report a problem | ||
| 3/6/2024 | Listed for sale | $549,900$608/sqft |
Source: NGLRMLS #1919870 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,369 +34.6% | $235,200 +15% |
| 2024 | $8,449 +45.5% | $204,600 +32.4% |
| 2023 | $5,807 | $154,500 +45.8% |
| 2022 | -- | $106,000 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 0.4 mi
- 7/10Central High SchoolGrades: 8-12Distance: 2 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 5.3 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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$489,800
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- Michigan
- Grand Traverse County
- Traverse City
- 49684
- Downtown
- 118 Gillis St Unit 2
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