705 Cypress St Unit 208, Traverse City, MI, 49684

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705 Cypress St Unit 208, Traverse City$375,000

Buyer Closing Credits

$4,453^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingBlacktop, Shared, None

Year Built2020

HeatingForced Air

CoolingCentral Air

WaterfrontNone

FireplaceNone

MLS #1922863

StatusActive

About 705 Cypress St Unit 208

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.

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Property Details

Property Features

Property Information:

• Architectural Style: Contemporary, 1 Story
• Year Built: 2020
• Living Area: 548 SqFt

Listing Office:

• Office Name: The Mitten Real Estate Group
• Office Phone: (231) 633-8326
• Listing Agent: Sam Flamont

Interior Features

Interior Information:

• Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Electric Water Heater
• Interior: Solid Surface Counters
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 1

Exterior Features

Exterior Information:

• Waterfront: None
• Exterior: Sprinkler System, Landscaped, Brick, Other

Parking Information:

• Attached Garage: No
• Parking: Blacktop, Shared, None

Lot Features

Lot Information:

• Lot: Level

Utilities

Utilities Information:

• Heating: Forced Air
• Cooling: Central Air

Other

Directions Information:

• Directions: On the corner of N Division St and Cypress St.

Price Information

Listing Price Info

Price Summary:

• List Price: $375,000
• Price Per SqFt: $684/SqFt

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Housing Market Comparison

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

Traverse City, MI

City

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

705 Cypress St Unit 208 vs Traverse City

177 DAYS ON ROCKET

+104 Days

$375,000

-$71.7K Less

$684/SqFt

+$428 More

KEY TAKEAWAY

This property is $71.7K less than the Median Sold Price and $428/SqFt more than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: TAAR
• MLS Number: #1922863

Listing Office:

• Office Name: The Mitten Real Estate Group
• Office Phone: (231) 633-8326
• Listing Agent: Sam Flamont

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: 11/23/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›705 Cypress St Unit 208

This home is located at 705 Cypress St Unit 208 in Traverse City, MI and zip code 49684. This 548 square foot home was built in 2020. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 30, 2024 and is currently priced at $375,000.

Over 19 listings were sold over their listed price in October 2024 in Traverse City, MI. In the same period over 41 listings were sold below the listed price and 23 listings were sold for the listed price. In October 2024 in Traverse City, MI there were 5.3% more homes for sale than in September 2024. Listings spent 73 days on the market in October 2024, and had a median list price of $446,781 during the same period.

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