GT Commons, relaxing, very classy, quiet upper-level condo w/ an extraordinary location on Asylum Creek. This unique spot is like sitting in the middle of a forest on a creek off the back balcony yet outside the front balcony are all the amenities of a vibrant urban lifestyle. Featuring an open floor plan, numerous upgrades, including a f/p, all in nearly new condition. This unit is being sold professionally furnished w/ everything down to silverware, linens, cookware. All appliances are included. This building is located next to the gateway of the natural woodlands & trails of the greater Commons natural area for outdoor activities. Short-term rentals allowed. Beaches, downtown TC 1 mile away.
Sold for $437,500
$437,500
1388-7 Gray Dr, Traverse City, MI 49684
1beds
753sqft
Condominium, Single Family Residence
Built in 2020
-- sqft lot
$451,800 Zestimate®
$581/sqft
$1,751 Estimated rent
Home value
$451,800
$407,000 - $506,000
$1,751/mo
Zestimate® history
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$5,412/mo
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List your homeWhat's special
Open floor planNumerous upgrades
Zillow last checked:
Listing updated:
Listed by:
Marsha Minervini 231-941-4500,
REMAX Bayshore - Union St TC 231-941-4500
Bought with:
Eleanor Vratanina, 6501370003
REO-TCRandolph-233022
Source: NGLRMLS,MLS#: 1931178
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Great Room
Primary bedroom
- Level: Main
- Area: 219.6
- Dimensions: 18.3 x 12
Primary bathroom
- Features: Shared
Dining room
- Level: Main
Kitchen
- Level: Main
- Width: 23.4
Living room
- Level: Main
- Length: 16.3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater
- Laundry: Main Level
Features
- Other, Granite Bath Tops, Granite Counters, Solid Surface Counters, Kitchen Island, Ceiling Fan(s), Cable TV, High Speed Internet, WiFi
- Flooring: Wood, Carpet
- Windows: Blinds
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 753
- Total interior livable area: 753 sqft
- Finished area above ground: 753
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Entry location: Stairway (Indoor),Second Floor Level
- Exterior features: Sprinkler System, Balcony, Rain Gutters
- Waterfront features: None
Lot
- Features: Level, Landscaped
Details
- Additional structures: None
- Parcel number: 280546300700
- Zoning description: Residential,Multi-Family,Other,Deed Restrictions,Building-Use Restrictions
Construction
Type & style
- Home type: Condo
- Architectural style: Other,Contemporary
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- 2x6 Framing, Frame, Cement Siding
- Foundation: Poured Concrete, Slab
- Roof: Membrane
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Windows, Thermostat
- Water conservation: Not Applicable
Community & HOA
Community
- Features: Pets Allowed, Common Area, Trails
- Security: Smoke Detector(s)
- Subdivision: The Lofts at Asylum Creek
HOA
- Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Fire Insurance
- HOA fee: $2,724 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $581/sqft
- Price range: $437.5K - $437.5K
- Date on market: 3/3/2025
- Cumulative days on market: 287 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2025 | Pending sale | $437,500$581/sqft |
Source:  NGLRMLS #1931178 Report a problem | ||
| 5/23/2025 | Sold | $437,500$581/sqft |
Source: NGLRMLS #1931178 Report a problem | ||
| 3/3/2025 | Price change | $437,500-0.5%$581/sqft |
Source: NGLRMLS #1931178 Report a problem | ||
| 2/27/2025 | Listed for sale | $439,500$584/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 2/25/2025 | Pending sale | $439,500$584/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 12/16/2024 | Price change | $439,500-0.9%$584/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 12/5/2024 | Price change | $443,500-0.3%$589/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 11/20/2024 | Price change | $445,000-0.9%$591/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 10/28/2024 | Price change | $449,000-1.3%$596/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 10/21/2024 | Price change | $455,000-2.2%$604/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 9/4/2024 | Price change | $465,000-2.1%$618/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 8/12/2024 | Price change | $475,000-3.1%$631/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 8/5/2024 | Listed for sale | $490,000+60.7%$651/sqft |
Source: NGLRMLS #1925585 Report a problem | ||
| 12/6/2021 | Listing removed | -- |
Source:  RE/MAX of Michigan Report a problem | ||
| 6/30/2021 | Pending sale | $305,000$405/sqft |
Source: RE/MAX of Michigan #1878951 Report a problem | ||
| 5/19/2021 | Listing removed | -- |
Source: RE/MAX of Michigan Report a problem | ||
| 2/18/2021 | Pending sale | $305,000$405/sqft |
Source: RE/MAX Bayshore #1878951 Report a problem | ||
| 1/26/2021 | Contingent | $305,000$405/sqft |
Source: Local MLS #1878951 Report a problem | ||
| 8/21/2020 | Listed for sale | $305,000$405/sqft |
Source: RE/MAX Bayshore #1878325 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 49684
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Nearby schools
GreatSchools rating
- 7/10Willow Hill Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 0.9 mi
- 8/10West Senior HighGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Middle: Traverse City West Middle School
- High: Traverse City West Senior 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
- 49684
- 1388-7 Gray Dr
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