Downtown Traverse City gives you options, and this condo puts you right in the middle of them. Start your morning with a walk along the Boardman River, grab coffee just minutes from your door, spend the afternoon on the TART Trail, or head downtown for dinner, shopping, and year-round events without worrying about parking. This second floor, 1 bedroom, 1 bath condo offers a comfortable, low-maintenance lifestyle with an open living space, vaulted ceilings, a gas fireplace, and a private balcony overlooking the peaceful river setting. With 654 feet of shared Boardman River frontage, you'll enjoy easy access to one of Traverse City's most scenic waterways while still being just moments from everything downtown has to offer. Association dues cover water, sewer, trash, snow removal, lawn care, exterior maintenance, liability insurance, and fire insurance, making ownership simple whether you're looking for a full-time residence, a weekend escape, or an easy place to lock up and travel from. If you've been waiting for a location that lets you enjoy the best of Traverse City without the upkeep, this one deserves a closer look.
For sale
Price cut: $6K (8/10)
$309,000
545 Riverine Dr APT 201, Traverse City, MI 49684
1beds
750sqft
Condominium, Single Family Residence, Apartment
Built in 1989
-- sqft lot
$295,400 Zestimate®
$412/sqft
$192/mo HOA
What's special
- 38 days |
- 265 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Matthew Dakoske 231-590-7722,
REMAX Bayshore - Union St TC 231-941-4500,
Nav Dhami,
REMAX Bayshore - Union St TC
Source: NGLRMLS,MLS#: 1947741
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Kitchen
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Living room
- Level: Main
- Area: 182
- Dimensions: 14 x 13
Heating
- Forced Air, Natural Gas, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
- Laundry: Main Level
Features
- Entrance Foyer, Cable TV, High Speed Internet
- Has fireplace: Yes
Interior area
- Total structure area: 750
- Total interior livable area: 750 sqft
- Finished area above ground: 750
- Finished area below ground: 0
Property
Parking
- Parking features: Assigned, Asphalt
- Details: Assigned Parking Space
Accessibility
- Accessibility features: None
Features
- Entry location: Other,Second Floor Level
- Exterior features: Balcony, Other
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: River
- Body of water: Boardman River
- Frontage length: 654
Lot
- Features: Level, Rolling Slope, Landscaped
Details
- Additional structures: None
- Parcel number: 285174700207
- Zoning description: Residential
Construction
Type & style
- Home type: Condo
- Architectural style: Apartment
- Property subtype: Condominium, Single Family Residence, Apartment
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
- Foundation: Slab
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1989
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Community Dock, Pets Allowed, Common Area
- Subdivision: Riverine
HOA
- Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure
- HOA fee: $2,304 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $412/sqft
- Tax assessed value: $105,115
- Annual tax amount: $3,983
- Price range: $309K - $309K
- Date on market: 7/8/2026
- Cumulative days on market: 38 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Estimated market value
Zestimate®
$295,400
Estimated sales range
$281,000 - $310,000
Rent Zestimate®
$1,514/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/10/2026 | Price change | $309,000-1.9%$412/sqft |
Source: | ||
| 7/8/2026 | Listed for sale | $315,000+28.6%$420/sqft |
Source: | ||
| 9/14/2022 | Listing removed | -- |
Source: Real Estate One Report a problem | ||
| 7/8/2022 | Pending sale | $245,000$327/sqft |
Source: Real Estate One #1902015 Report a problem | ||
| 7/2/2022 | Listed for sale | $245,000+113.2%$327/sqft |
Source: Real Estate One #1902015 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/10/2018 | Listing removed | $1,300$2/sqft |
Source: Owner Report a problem | ||
| 6/30/2018 | Listed for rent | $1,300+8.3%$2/sqft |
Source: Owner Report a problem | ||
| 1/25/2017 | Listing removed | $1,200$2/sqft |
Source: Owner Report a problem | ||
| 1/23/2017 | Listed for rent | $1,200$2/sqft |
Source: Owner Report a problem | ||
| 1/30/2015 | Sold | $114,900$153/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,983 +7.4% | $135,100 +12.3% |
| 2024 | $3,709 -18.1% | $120,300 +23.9% |
| 2023 | $4,526 +50.2% | $97,100 -1.1% |
| 2022 | $3,013 +7.8% | $98,200 +26.4% |
| 2021 | $2,796 +0.8% | $77,700 +10.5% |
| 2020 | $2,773 | $70,300 +10.9% |
| 2019 | $2,773 +48.6% | $63,400 +8.2% |
| 2018 | $1,866 | $58,600 -0.5% |
| 2017 | -- | $58,900 +29.2% |
| 2016 | -- | $45,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
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: 4.5 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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