$15,500 Price Analysis 2035 N US Highway 31 NTraverse City, MI 49686 2 bed 2 bath 1,060 SqFt ($14/SqFt) Built 2006 Listed 2024-06-19, HOA $51 | ✓ USDA Eligible near Traverse City, MI |
This is Junior Penthouse Suite 502 (Cedr) and is a 1, 060 sq ft, 2br 2ba 5th floor penthouse unit that directly faces the water and has magnificent views of Lake Michigan's East Grand Traverse Bay. It has a private patio facing the water and the beach is as sandy as you can hope for, perfect for sunbathing and swimming. Comes turn key, fully furnished (beds, couches, tables, chairs, TVs, linens, etc), gas fireplace, well appointed kitchen complete with appliances, silverware, pots and pans, etc and it has its own washer/dryer. The purchase price is a one time fee which guarantees week 21 (May 23-30 in 2025. includes all of Memorial Day Weekend!) every year (exact dates change slightly each year) for as long as you own the unit, pay the monthly HOA fee ($51), annual property taxes ($340) and cleaning fee ($210 at the end of the week). The HOA fee covers gas, electric, cable TV, WIFI, water, sewer, trash removal, snow removal, building insurance, content and liability insurance, outside and inside maintenance. Basically, after you pay the one time purchase price (plus approximately $750 in closing costs) your out of pocket expenses going forward are then the monthly HOA, annual property taxes and the cleaning fee. This could be your Up North vacation destination for the years to come!
Please see the associated documents for details.
Presented by Andy Stireman at
Coldwell Banker Schmidt Realtors.
Property MLS #1923704 from NGLRMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.