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705 Cypress St Unit 315, Traverse City, MI, 49684

$299,000

Home List Price

$3,551*

Closing Credit

1 Bedroom
1 Full Bath
587 SqFt
$509/SqFt
Condo

Location

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705 Cypress St Unit 315, Traverse City$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingBlacktop, Shared, None
Year Built2020
HeatingForced Air
CoolingCentral Air
WaterfrontNone
FireplaceNone
MLS #1929214
StatusActive
(New)

About 705 Cypress St Unit 315

Prime Location! This charming, contemporary, and stylish, fully Furnished, 1 bed / 1 bath condo boasts an assigned parking space and additional hallway storage closets. Just steps from Traverse City's stunning beaches, breathtaking water views, TART Trail access, pickleball and tennis courts, and a short walk to downtown for shopping, dining, and entertainment. The complex is pet-friendly with a dog park right outside the front door. Short-term rentals are permitted, offering the opportunity for income generation or personal use.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2020
  • Living Area: 587 SqFt

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Office Phone: (231) 941-4500
  • Listing Agent: Jules Yates

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, 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: Corner of Cypress and Division on the West side of Division

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $509/SqFt
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Housing Market Comparison

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

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

705 Cypress St Unit 315 vs Traverse City

1 DAY ON ROCKET

-72 Days

$299,000

-$147.7K Less

$509/SqFt

+$253 More

KEY TAKEAWAY

This property is $147.7K less than the Median Sold Price and $253/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: #1929214

Listing Office:

  • Office Name: REMAX Bayshore - Union St TC
  • Office Phone: (231) 941-4500
  • Listing Agent: Jules Yates

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, 7:20:52 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.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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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-843403
7
/10
  • Willow Hill Elementary School

  • 1250 Hill St

  • 0.54 miles

  • Public District Grades PK-5

school-card-donut-843404
7
/10
  • Central Grade Elementary School

  • 301 7th St

  • 0.68 miles

  • Public District Grades PK-5

school-card-donut-843405
3
/10
  • Traverse Heights Elementary School

  • 933 Rose St

  • 2.12 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,321. Typical income of Traverse City, MI residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 705 Cypress St Unit 315

What is the listing price of this property?

The listing price of 705 Cypress St Unit 315 property is $299,000.

What type of property is this?

The property 705 Cypress St Unit 315 is a condo located in Traverse City, Michigan, 49684.

Is this property for sale now?

Active Listing: 705 Cypress St Unit 315 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 705 Cypress St Unit 315 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 705 Cypress St Unit 315 is 587 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 705 Cypress St Unit 315 is 2020.

Rocket Homes›Michigan›Grand Traverse County›Traverse City›49684›705 Cypress St Unit 315

This home is located at 705 Cypress St Unit 315 in Traverse City, MI and zip code 49684. This 587 square foot home was built in 2020. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $299,000.

While more than 19 listings in Traverse City, MI in October 2024 were sold above asking price, there were more than 23 listings sold at asking price, and more than 41 were sold below. In October 2024 in Traverse City, MI there were 5.3% more homes for sale than in September 2024. In October 2024, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $446,781.

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

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