This is an incredible opportunity to own a full share condominium unit in Downtown Traverse City. Walk/Bike to Downtown, Beaches, Library, NMC, Schools, TART Trail etc. The building is newer and well maintained. This 1 bedroom, 1 bathroom unit is equipped with a full kitchen, HVAC and on-site shared laundry. The unit comes fully furnished and has a strong long-term tenant history to offset the cost of ownership. These units have never been offered individually before! The unit comes with (1) on site parking spot. There is no short term rental ability offered for this unit, however STR ability and an ADU unit will be available soon. Interior photos may be of model unit.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,061
Per Month
Principal & Interest
$994
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$663
Powered By
Advertisement
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
6
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school0.48 miles
Public District Grades PK-6
Middle School
6
/10
East Middle School
1776 3 Mile Rd N
Distance between this listing and this school5.04 miles
Public District Grades 6-8
High School
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school2.21 miles
Public District Grades 9-12
Assigned Schools
6
/10
Tcaps Montessori School
1009 S Oak St
Distance between this listing and this school0.48 miles
Public District Grades PK-6
Nearby Schools
6
/10
Central Grade School
301 W Seventh St
Distance between this listing and this school0.38 miles
Public District Grades PK-5
7
/10
Willow Hill Elementary School
1250 Hill St
Distance between this listing and this school0.91 miles
Public District Grades PK-5
Assigned Schools
6
/10
East Middle School
1776 3 Mile Rd N
Distance between this listing and this school5.04 miles
Public District Grades 6-8
Nearby Schools
4
/10
The Greenspire School
1026 Red Dr
Distance between this listing and this school0.80 miles
Public Charter Grades 6-8
7
/10
West Middle School
3950 Silver Lake Rd
Distance between this listing and this school1.60 miles
Public District Grades 6-8
Assigned Schools
8
/10
Central High School
1150 Milliken Dr
Distance between this listing and this school2.21 miles
Public District Grades 9-12
Nearby Schools
9
/10
West Senior High School
5376 N Long Lake Rd
Distance between this listing and this school2.69 miles
Public District Grades 9-12
8
/10
Grand Traverse Academy
1245 Hammond Rd E
Distance between this listing and this school4.89 miles
The neighbors living near this home have an average income of $40,147. Most Traverse City, MI residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 619 E 8th St Unit 4
What is the listing price of this property?
The listing price of 619 E 8th St Unit 4 property is $199,000.
What type of property is this?
The property 619 E 8th St Unit 4 is a condo located in Traverse City, Michigan, 49686.
Is this property for sale now?
Active Listing: 619 E 8th St Unit 4 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 619 E 8th St Unit 4 are: Tcaps Montessori School: GreatSchools Rating 6/10East Middle School: GreatSchools Rating 6/10Central High School: GreatSchools Rating 8/10
How many bedrooms and bathrooms does this property have?
The property at 619 E 8th St Unit 4 has 1 bedroom and 1 bathroom.
What is the square footage of this property?
The property 619 E 8th St Unit 4 is 444 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 619 E 8th St Unit 4 is 2017.
This home is located at 619 E 8th St Unit 4 in Traverse City, MI and zip code 49686. This 444 square foot home was built in 2017. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 04, 2024 and is currently priced at $199,000.
Over 22 listings were sold over their listed price in March 2024 in Traverse City, MI. In the same period over 24 listings were sold below the listed price and 20 listings were sold for the listed price. In March 2024 in Traverse City, MI there were 12.5% more homes for sale than in February 2024. In March 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $366,000.
From Rocket Homes Real Estate and based on county public records data.