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Photos
315 S Elmwood Ave Ste 201, Traverse City, MI 49684
$415,000 Asking Price
$---/mo Est. Payment Get Prequalified »
1
bed
1
bath
732
sqft
Built in
2016
This condo was redesigned in 2021 with a fun splash of color! Keep the cool vibe, or make it your own; at this location, you can't go wrong. Due to it's proximity to Munson Hospital, this is the perfect spot for a nurse, outpatient, doctor, or anyone who enjoys being close to it all. Because it is zoned H-1, it can be used for "accommodating medical centers, and all their normally related functions" including "hospitality houses," or live in/rent out all year long. Built in 2016, it is established but newer, providing maintenance-free passive income, or simply a carefree comfortable condo to call home. Just over 1 mile to downtown Traverse City and centrally located to all the Up North fun, the Grand Traverse Commons is a wonderful place to explore. Walk out your door and onto the hiking trails, through the Mercato shopping center, and year-long farmer's market -- just to name a few attractions; the Commons is its own small village within Traverse City.
Features & Amenities
Interior
- General:
- Bay Window(s),Pantry,Granite Bath Tops,Granite Kitchen Tops
- Appliances:
- Refrigerator,Oven/Range,Dishwasher,Microwave,Washer,Dryer,Blinds
- Basement:
- Slab
- A/C:
- Forced Air,Central Air
- Heating:
- Forced Air,Central Air, Natural Gas
- Fireplace:
- None
Exterior
- General:
- Vinyl, Sprinkler System,Sidewalk,Landscaped
- Style:
- 2 Story
- Other Structures:
- None
Construction
- Roofing:
- Asphalt
- General:
- 2x6 Framing,Frame, 2 Story, Slab
Location
- Road/Access:
- Public Maintained,Blacktop
- HOA Amenities:
- Snow Removal,Lawn Care,Exterior Maintenance,Liability Insurance, 100.0
- School District:
- Traverse City Area Public Schools
- County:
- Grand Traverse
Lot
- Driveway:
- Blacktop
- Zoning:
- Residential, UNIT 201 – ELMWOOD PLACE GTC CONDO SUB PLAN NO 402 2016C-00037 MASTER DEED FILED AUGUST 30TH, 2016. SPLIT/COMBINED ON 09/08/2016 FROM 28-51-650-082-00 per BSA
Utilities
- Water:
- Municipal
- Sewer:
- Municipal
This listing courtesy of:
Key Realty One-TC, Taylor Boyt
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Traverse City, MI
Housing
- Number of Units
- 37,647
- Median Home Value
- $253,583
- Median Rent
- $889
24.77% of housing units are renter occupied.
11.10% are vacant.
Commute
- Car
-
80.96%
- Public Transportation
-
1.36%
- Walk to Work
-
2.46%
- Work from Home
-
13.26%
- Other
-
0.48%
The median travel time to work is 18 minutes.
People
- Population
- 75,364
- Median Age
- 43.50
- Median Household Size
- 2.53
Education
- High School
-
20.97%
- Associate’s Degree
-
9.01%
- Bachelor’s Degree
-
26.84%
- Graduate Degree
-
15.71%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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