Check out the beach, play some pickeball, enjoy Traverse City's amazing foodie scene, and hop over the heart of downtown and do it all quickly from the doorstep of this beautiful income producing condo. Cypress 208 has updates no other unit in the building has but the best thing this condo has is location. 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 208 embodies the lifestyle everyone is looking for when it comes to the downtown experience.
Sold for $307,000
$307,000
705 Cypress St #208, Traverse City, MI 49684
1beds
548sqft
Condominium, Single Family Residence
Built in 2020
-- sqft lot
$318,600 Zestimate®
$560/sqft
$1,659 Estimated rent
Home value
$318,600
$284,000 - $357,000
$1,659/mo
Zestimate® history
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$5,065/mo
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Play some pickeball
Zillow last checked:
Listing updated:
Listed by:
Sam Flamont Cell:231-633-8326,
The Mitten Real Estate Group 231-421-1970
Bought with:
Sam Flamont, 6502431112
The Mitten Real Estate Group
Source: NGLRMLS,MLS#: 1930499
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, 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: 548
- Total interior livable area: 548 sqft
- Finished area above ground: 548
- Finished area below ground: 0
Property
Parking
- Parking features: None, Asphalt, Shared Driveway
Accessibility
- Accessibility features: Covered Entrance, Raised Toilet, 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: 285162900108
- 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: $3,180 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $560/sqft
- Tax assessed value: $318,200
- Annual tax amount: $7,818
- Price range: $307K - $307K
- Date on market: 1/30/2025
- Cumulative days on market: 41 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,Other
- Ownership type: Corporation
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2025 | Sold | $307,000-2.5%$560/sqft |
Source:  NGLRMLS #1930499 Report a problem | ||
| 2/17/2025 | Pending sale | $315,000$575/sqft |
Source: NGLRMLS #1930499 Report a problem | ||
| 1/30/2025 | Listed for sale | $315,000-16%$575/sqft |
Source: NGLRMLS #1930499 Report a problem | ||
| 11/28/2024 | Listing removed | $375,000$684/sqft |
Source: NGLRMLS #1922863 Report a problem | ||
| 5/30/2024 | Listed for sale | $375,000$684/sqft |
Source: NGLRMLS #1922863 Report a problem | ||
| 2/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/6/2024 | Listed for rent | $1,200$2/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,818 +6.7% | $159,100 -0.1% |
| 2024 | $7,327 +83.7% | $159,300 +18.9% |
| 2023 | $3,990 +2.5% | $134,000 +50.7% |
| 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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$318,600
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- Michigan
- Grand Traverse County
- Traverse City
- 49684
- Slab Town
- 705 Cypress St Unit 208
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