Check out the beach, play some pickleball, enjoy Traverse City's amazing foodie scene, and hop over to the heart of downtown and do it all quickly from the doorstep of this beautiful income-producing condo. Are you looking to relax in Traverse City for a few weeks out of the year and let the short-term rental income offset your mortgage? If so, stop scrolling, you are home. Cypress 207 embodies the lifestyle everyone is looking for when it comes to the downtown experience.
Sold for $300,000
$300,000
705 Cypress St #207, Traverse City, MI 49684
1beds
550sqft
Condominium, Single Family Residence
Built in 2020
-- sqft lot
$306,100 Zestimate®
$545/sqft
$1,662 Estimated rent
Home value
$306,100
$275,000 - $340,000
$1,662/mo
Zestimate® history
Owner options
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$5,178/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Sam Flamont Cell:231-633-8326,
The Mitten Real Estate Group 231-421-1970
Bought with:
Non Member Office
NON-MLS MEMBER OFFICE
Source: NGLRMLS,MLS#: 1936161
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: 121
- Dimensions: 11 x 11
Primary bathroom
- Features: None
Kitchen
- Level: Main
- Width: 14
Living room
- Level: Main
- Length: 19
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
- Solid Surface Counters, High Speed Internet
- Flooring: Vinyl
- Basement: Crawl Space
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 550
- Total interior livable area: 550 sqft
- Finished area above ground: 550
- Finished area below ground: 0
Property
Parking
- Parking features: None, Asphalt, Shared Driveway
Accessibility
- Accessibility features: Covered Entrance, Levered Door Knobs
Features
- Levels: One
- Stories: 1
- Entry location: Stairway (Indoor),Second Floor Level
- Exterior features: Sprinkler System
- Waterfront features: None
Lot
- Features: Level, Landscaped
Details
- Additional structures: None
- Parcel number: 5162900107
- Zoning description: Commercial,Deed Restrictions
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- 2x6 Framing, Frame, Brick, Other
- Roof: Membrane
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pets Allowed, Common Area
- Security: Smoke Detector(s)
- Subdivision: Cypress Condominiums
HOA
- Services included: Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance
- HOA fee: $3,336 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $545/sqft
- Tax assessed value: $318,400
- Annual tax amount: $7,835
- Price range: $300K - $300K
- Date on market: 7/10/2025
- Cumulative days on market: 120 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,Other
- Ownership type: Corporation
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $300,000-2.9%$545/sqft |
Source:  NGLRMLS #1936161 Report a problem | ||
| 10/23/2025 | Pending sale | $309,000$562/sqft |
Source: NGLRMLS #1936161 Report a problem | ||
| 10/20/2025 | Price change | $309,000-4.9%$562/sqft |
Source: NGLRMLS #1936161 Report a problem | ||
| 7/10/2025 | Listed for sale | $325,000$591/sqft |
Source: NGLRMLS #1936161 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,835 +6.7% | $159,200 -0.2% |
| 2024 | $7,344 +84.1% | $159,500 +18.8% |
| 2023 | $3,990 +2.5% | $134,300 +51.1% |
| 2022 | $3,893 | $88,900 +26.1% |
| 2021 | -- | $70,500 |
Find assessor info on the county website
Neighborhood: Slab Town
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Nearby schools
GreatSchools rating
- 7/10Willow Hill Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 1.8 mi
- 8/10West Senior HighGrades: 9-12Distance: 2.9 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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$306,100
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$312,222
- Michigan
- Grand Traverse County
- Traverse City
- 49684
- Slab Town
- 705 Cypress St Unit 207
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