new - 7 days on rocket

525 Georgetown Dr, Traverse City, MI, 49684

$245,000

Home List Price

$2,909*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
917 SqFt
$267/SqFt
Condo

Location

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525 Georgetown Dr, Traverse City$245,000

Buyer Closing Credits

$2,909*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOneCarGarage, Carport
Garage1 space
Year Built1985
HeatingHot Water, Natural Gas
CoolingExhaust Fan, Window Unit(s)
MLS #78080051256
StatusActive

About 525 Georgetown Dr

Welcome to a turn key condominium within the city limits of Traverse City. This condo features two bedrooms, one and a half baths, a private balcony and in-unit laundry. A great perk to this property is the location! You are minutes from the Traverse City Country Club, Common Good Bakery, Thirlby Field, Right Brain Brewery, Oryana, The Village and Grand Traverse Commons, The Tart Trail System and so much more. You will benefit from the meticulous care the homeowner has given this property. The HOA covers heat, water, sewer, trash, snow removal, lawn care, exterior maintenance, common space maintenance, fire insurance and liability insurance.

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment, Ranch
  • Year Built: 1985
  • Living Area: 917 SqFt

Listing Office:

  • Office Name: The Mitten Real Estate Group
  • Office Phone: (231) 421-1970
  • Listing Agent: Nick Fewless

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Oven, Refrigerator, Range, Washer
  • Basement: No
  • Interior: Pantry

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: OneCarGarage, Carport

Virtual/3D Tour

  • Virtual Tour: 525 Georgetown Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas
  • Cooling: Exhaust Fan, Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $245,000
  • Price Per SqFt: $267/SqFt

HOA Fees:

  • Amount: $270
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$450K

Med. Price/SqFt

$258

Avg. Days On Market

84

# of Sold Homes

87

525 Georgetown Dr vs Traverse City

7 DAYS ON ROCKET

-77 Days

$245,000

-$205K Less

$267/SqFt

+$9 More

KEY TAKEAWAY

This property is $205K less than the Median Sold Price and $9/SqFt more than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Aspire North REALTORS
  • MLS Number: #78080051256

Listing Office:

  • Office Name: The Mitten Real Estate Group
  • Office Phone: (231) 421-1970
  • Listing Agent: Nick Fewless

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:54 AM 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.

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$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-3817936
7
/10
  • Central Grade Elementary School

  • 301 7th St

  • 0.78 miles

  • Public District Grades PK-5

school-card-donut-3817937
3
/10
  • Traverse Heights Elementary School

  • 933 Rose St

  • 1.55 miles

  • Public District Grades PK-5

school-card-donut-3817938
7
/10
  • Willow Hill Elementary School

  • 1250 Hill St

  • 1.67 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,812. Typical income of Traverse City, MI residents is less than $35k annually. The most common type of family is 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 525 Georgetown Dr

What is the listing price of this property?

The listing price of 525 Georgetown Dr property is $245,000.

What type of property is this?

The property 525 Georgetown Dr is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 525 Georgetown Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 525 Georgetown Dr has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 525 Georgetown Dr is 917 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Georgetown Dr is 1985.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›525 Georgetown Dr

This home is located at 525 Georgetown Dr in Traverse City, MI and zip code 49684. This 917 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $245,000.

While more than 8 listings in Traverse City, MI in November 2024 were sold above asking price, there were more than 20 listings sold at asking price, and more than 54 were sold below. The number of homes for sale in Traverse City, MI decreased by 8.3% between October 2024 and November 2024. Listings spent 84 days on the market in November 2024, and had a median list price of $450,000 during the same period.

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

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