A gem at the GT Commons! This 1 BR/1 bath top floor unit with a large, large balcony overlooking the majesty of Building 50 is perfect for a retired couple - or an Up North retreat (it could be a STR). Located in the midst of shops, restaurants, gathering lawns, hiking/biking trails - but just far enough away to be quiet and peaceful. Eleven foot ceilings, gorgeous windows and delightful brickwork weaves a magic spell the minute you walk in. Elevators, keyed entry along with an underground parking spot make this one of the unique - and most desirable situations in the entire complex. It's in Garfield township - which means lower taxes. If you've never been to the Commons, there's a delightful, vibrant energy to the entire community. This unit was new in 2019 - and has never been rented out. It COULD be a STR with a good cash flow. Fiber optic cable. Showings begin Saturday, August 24th.
Sold for $429,900
$429,900
820 Red Dr #212, Traverse City, MI 49684
1beds
711sqft
Condominium, Single Family Residence
Built in 2019
-- sqft lot
$427,400 Zestimate®
$605/sqft
$1,727 Estimated rent
Home value
$427,400
$393,000 - $462,000
$1,727/mo
Zestimate® history
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$5,988/mo
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Zillow last checked:
Listing updated:
Listed by:
Jack Lane 231-995-0000,
REO-TCRandolph-233022 231-946-4040
Bought with:
Jack Lane, 6506036941
REO-TCRandolph-233022
Source: NGLRMLS,MLS#: 1926152
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Area: 134.18
- Dimensions: 12.11 x 11.08
Primary bathroom
- Features: None
Dining room
- Area: 90.48
- Dimensions: 11.6 x 7.8
Kitchen
- Area: 97.2
- Dimensions: 8.1 x 12
Living room
- Area: 143
- Dimensions: 13 x 11
Heating
- Forced Air, Heat Pump
Cooling
- Central Air, Electric
Appliances
- Included: Other, Electric Water Heater
- Laundry: Main Level
Features
- Granite Bath Tops, Granite Counters, Cable TV, High Speed Internet
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 711
- Total interior livable area: 711 sqft
- Finished area above ground: 711
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Drive Under/Built-In, Garage Door Opener, Paved, Heated Garage, Concrete Floors, Heated, Asphalt
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Hallway(s), Accessible Entrance, Covered Entrance, Accessible Approach with Ramp, Levered Door Knobs, Accessible Elevator Installed
Features
- Levels: 2+ Story
- Stories: 2
- Entry location: Stairway (Indoor),Elevator,Second Floor Level
- Exterior features: Sprinkler System, Balcony
- Waterfront features: None
Lot
- Features: Other, Landscaped
Details
- Additional structures: None
- Parcel number: 280536101100
- Zoning description: Residential,Multi-Family,Planned Unit Development
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Steel
- Foundation: Poured Concrete, Slab
- Roof: Membrane
Condition
- New construction: No
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Pets Allowed, Common Area, Trails
- Security: Smoke Detector(s)
- Subdivision: Lofts at 58
HOA
- Services included: Water, Sewer, Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Fire Insurance
- HOA fee: $3,380 annually
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $605/sqft
- Tax assessed value: $405,400
- Annual tax amount: $6,453
- Price range: $429.9K - $429.9K
- Date on market: 8/20/2024
- Cumulative days on market: 101 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash,VA Loan,1031 Exchange
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 11/29/2024 | Sold | $429,900$605/sqft |
Source:  NGLRMLS #1926152 Report a problem | ||
| 9/14/2024 | Price change | $429,900-4.4%$605/sqft |
Source: NGLRMLS #1926152 Report a problem | ||
| 8/20/2024 | Listed for sale | $449,900$633/sqft |
Source: NGLRMLS #1926152 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,453 +5.1% | $202,700 +8.7% |
| 2024 | $6,142 +4.5% | $186,400 +0.5% |
| 2023 | $5,876 +3.4% | $185,400 +13% |
| 2022 | $5,684 -0.5% | $164,000 +28.5% |
| 2021 | $5,713 | $127,600 +0.8% |
| 2020 | -- | $126,600 +946.3% |
| 2019 | -- | $12,100 +22.2% |
| 2018 | -- | $9,900 |
Find assessor info on the county website
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: 2.1 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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- Michigan
- Grand Traverse County
- Traverse City
- 49684
- 820 Red Dr Unit 212
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