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113 S Park St Unit 501, Traverse City, MI, 49684

$814,900

Home List Price

$9,677*

Closing Credit

2 Bedrooms
2 Full Baths
1,422 SqFt
$573/SqFt
Condo
Schools Nearby

Location

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113 S Park St Unit 501, Traverse City$814,900

Buyer Closing Credits

$9,677*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone, None
Year Built2018
HeatingNatural Gas, Forced Air, Central
CoolingNatural Gas, Central Air
FireplaceNone
MLS #1920247
StatusActive

About 113 S Park St Unit 501

The Penthouse on Park! Start enjoying an amazing lifestyle in the heart of downtown Traverse City at 113 S. Park Street between E. Front and State Streets. This is a fantastic location just a few steps away from a variety of awesome restaurants, shops and theaters. If you want to enjoy the Bay or the TART trail, you're only 1 block away. Use it for yourself or as an investment - weekly rentals are allowed. C4B zoning. Stunning interior finishes and design highlight this top floor condo. Other features include a private balcony, 9 FT ceilings, granite countertops, hardwood flooring, elevator access and secure exterior entrance. Only 2 units are on the top floor with no shared walls. All steel construction. West Bay can be seen partially from the balcony. Heated sidewalk in front of building. The parking deck is directly to the East just a few steps away. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, 1 Story
  • Year Built: 2018
  • Living Area: 1,422 SqFt

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Tia Rieck

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Ceiling Fan(s)
  • Interior: Foyer Entrance, Walk-In Closet(s), Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Great Room
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Bay View, Balcony, Sidewalk, Landscaped, Brick, Block

Parking Information:

  • Attached Garage: No
  • Parking: None, None

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central
  • Cooling: Natural Gas, Central Air

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • East Middle School, Public District Grades 6-8
  • Tcaps Montessori School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Park Street between E. Front Street and State Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $814,900
  • Price Per SqFt: $573/SqFt
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$366K

Med. Price/SqFt

$244

Avg. Days On Market

56

# of Sold Homes

66

113 S Park St Unit 501 vs Traverse City

43 DAYS ON ROCKET

-13 Days

$814,900

+$448.9K More

$573/SqFt

+$328 More

KEY TAKEAWAY

This property is $448.9K more than the Median Sold Price and $328/SqFt more than other homes in Traverse City, MI.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1920247

Listing Office:

  • Office Name: Coldwell Banker Schmidt-402
  • Listing Agent: Tia Rieck

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,135

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,510

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2227009
6
/10
  • Tcaps Montessori School

  • 1009 S Oak St

  • 0.95 miles

  • Public District Grades PK-6

Middle School

school-card-donut-2227010
6
/10
  • East Middle School

  • 1776 3 Mile Rd N

  • 4.69 miles

  • Public District Grades 6-8

High School

school-card-donut-2227011
8
/10
  • Central High School

  • 1150 Milliken Dr

  • 1.39 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,652. Residents of Traverse City, MI typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 113 S Park St Unit 501

What is the listing price of this property?

The listing price of 113 S Park St Unit 501 property is $814,900.

What type of property is this?

The property 113 S Park St Unit 501 is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 113 S Park St Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 113 S Park St Unit 501 are:
Tcaps Montessori School: GreatSchools Rating 6/10
East Middle School: GreatSchools Rating 6/10
Central High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 113 S Park St Unit 501 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 113 S Park St Unit 501 is 1,422 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 113 S Park St Unit 501 is 2018.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›113 S Park St Unit 501

This home is located at 113 S Park St Unit 501 in Traverse City, MI and zip code 49684. This 1,422 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $814,900.

In March 2024 more than 22 listings in Traverse City, MI were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 24 were sold below. The number of homes for sale in Traverse City, MI increased by 12.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 56 days, the median list price was $366,000.

From Rocket Homes Real Estate and based on county public records data.

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