Freshly updated and move-in ready in Terrace Estates—close to town with a finished lower level and attached 2-car garage. Low maitenance living! NO shoveling, cutting grass etc!!! Welcome home to this beautifully refreshed condo featuring an open floor plan, 3 bedrooms, and 3 bathrooms, with a total of 2,435 finished sq ft including 1,151 finished sq ft in the lower level—perfect for a family room, office, gym, or guest space. You’ll love the easy everyday layout with main-level bedrooms and laundry, plus the convenience of central air, deck/porch outdoor space, and low-maintenance living in a community where the HOA covers key services like grounds and snow removal. Recent updates you’ll appreciate: Fully repainted throughout 3 updated bathrooms Close to town, shopping, dining, and everyday essentials Beautiful landscaping and curb appeal Highlights: 3 Bed | 2.5 Bath 2,435 finished sq ft (1,284 above grade + 1,151 finished lower level) 2-car attached garage Open floor plan + solid-surface kitchen counters
Sold for $395,000
$395,000
1278 Terrace Bluff Dr, Traverse City, MI 49686
3beds
2,435sqft
Condominium, Single Family Residence, Duplex
Built in 2003
-- sqft lot
$382,500 Zestimate®
$162/sqft
$3,295 Estimated rent
Home value
$382,500
$363,000 - $402,000
$3,295/mo
Zestimate® history
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List your homeWhat's special
Finished lower levelFully repainted throughoutOpen floor planSolid-surface kitchen countersMain-level bedrooms and laundryCentral air
Zillow last checked:
Listing updated:
Listed by:
William Kaupas,
Social Realty, LLC 231-392-9445
Bought with:
Penni Schratz, 6501435151
REO-TCRandolph-233022
Source: NGLRMLS,MLS#: 1942500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 196
- Dimensions: 14 x 14
Bedroom 2
- Level: Main
- Area: 140
- Dimensions: 14 x 10
Bedroom 3
- Level: Lower
- Area: 208
- Dimensions: 16 x 13
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Length: 14
Family room
- Level: Lower
- Area: 350
- Dimensions: 25 x 14
Kitchen
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Living room
- Level: Main
- Length: 21
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave
- Laundry: Main Level
Features
- Cathedral Ceiling(s), Entrance Foyer, Pantry, Drywall, High Speed Internet
- Flooring: Laminate, Carpet
- Windows: Blinds
- Basement: Finished Rooms,Egress Windows,Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,435
- Total interior livable area: 2,435 sqft
- Finished area above ground: 1,284
- Finished area below ground: 1,151
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: No Steps,First Floor Level
- Patio & porch: Deck
- Waterfront features: None
Lot
- Features: Level, Landscaped
Details
- Additional structures: None
- Parcel number: 0531602400
- Zoning description: Residential,Deed Restrictions
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence, Duplex
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Foundation: Poured Concrete
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2003
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Terrace Estates Condominium
HOA
- Services included: Maintenance Grounds, Maintenance Structure
- HOA fee: $2,700 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $162/sqft
- Tax assessed value: $381,200
- Annual tax amount: $6,512
- Price range: $395K - $395K
- Date on market: 2/25/2026
- Cumulative days on market: 114 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,FHA,MSHDA,VA Loan,FNMA
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Sold | $395,000$162/sqft |
Source:  NGLRMLS #1942500 Report a problem | ||
| 6/7/2026 | Pending sale | $395,000$162/sqft |
Source: NGLRMLS #1942500 Report a problem | ||
| 5/12/2026 | Price change | $395,000-6%$162/sqft |
Source: NGLRMLS #1942500 Report a problem | ||
| 2/25/2026 | Price change | $420,000+23.9%$172/sqft |
Source: NGLRMLS #1942500 Report a problem | ||
| 7/12/2023 | Pending sale | $339,000$139/sqft |
Source:  MiRealSource #50110365 Report a problem | ||
| 7/5/2023 | Price change | $339,000-2.9%$139/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 6/29/2023 | Price change | $349,000-2.8%$143/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 6/23/2023 | Price change | $359,000-4%$147/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 6/21/2023 | Price change | $374,000-1.3%$154/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 6/16/2023 | Price change | $379,000-5%$156/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 6/12/2023 | Price change | $399,000-4.8%$164/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 6/7/2023 | Price change | $419,000-3.2%$172/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 6/3/2023 | Price change | $433,000-2.3%$178/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 6/1/2023 | Price change | $443,000-3.5%$182/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 5/31/2023 | Price change | $459,000-7.3%$189/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 5/27/2023 | Listed for sale | $495,000+154%$203/sqft |
Source: MiRealSource #50110365 Report a problem | ||
| 1/3/2015 | Sold | $194,900+34.4%$80/sqft |
Source: Agent Provided Report a problem | ||
| 5/19/2009 | Sold | $145,000+427.3%$60/sqft |
Source: Agent Provided Report a problem | ||
| 5/22/2006 | Sold | $27,500$11/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,512 +159.3% | $190,600 +31.3% |
| 2024 | $2,511 +4.2% | $145,200 +4.7% |
| 2023 | $2,410 +3.4% | $138,700 +6.4% |
| 2022 | $2,330 +0.9% | $130,300 +11.3% |
| 2021 | $2,309 | $117,100 +10.3% |
| 2020 | -- | $106,200 -11.5% |
| 2019 | -- | $120,000 +24.9% |
| 2018 | -- | $96,100 +11.2% |
| 2017 | -- | $86,400 +9.1% |
| 2016 | -- | $79,200 +9.1% |
| 2014 | -- | $72,600 +2% |
| 2012 | -- | $71,150 +15.5% |
| 2011 | -- | $61,600 -1% |
| 2010 | -- | $62,200 -27.4% |
| 2009 | -- | $85,700 -0.9% |
| 2008 | -- | $86,480 +1.2% |
| 2007 | -- | $85,450 +676.8% |
| 2005 | -- | $11,000 |
| 2004 | -- | $11,000 |
| 2003 | -- | $11,000 +22.2% |
| 2002 | -- | $9,000 +2.9% |
| 2001 | -- | $8,750 |
| 2000 | -- | $8,750 |
Find assessor info on the county website
Neighborhood: 49686
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Nearby schools
GreatSchools rating
- 5/10Traverse Heights Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 7/10Central High SchoolGrades: 8-12Distance: 2.5 mi
- 7/10East Middle SchoolGrades: 6-8Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Traverse Heights Elementary School
- Middle: Traverse City East Middle School
- High: Central High School
- 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
- 49686
- 1278 Terrace Bluff Dr
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