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820-14 Red Dr, Traverse City, MI, 49684

1beds
1baths
886sqft
$465,000
$525price/sqft
$2,993/moest. monthly cost
$119,720/yrincome needed

About This Home

Your search for old-world ambiance, a vibrant urban lifestyle & the perfect home or investment property...ends here. GT Commons ground floor condo in building 58. Open, sunny, light filled great room. Engineered wood floors, kitchen island, granite counters, tiled shower. Views of the historic red spires on top of building 50. Extremely turn-key w/ all furnishings included. Large private wrap around patio, underground heated parking space & storage area. The Village offers events, shopping, services, salons, yoga, pilates, restaurants, coffee shops, wineries & breweries. 380 acres of parkland surround the commons. Pets welcome. Short-term rentals allowed. Beaches, downtown TC 1 mile.

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
60
BikeBikeable

Schools

7/10
8/10
West Middle SchoolGrades 6-80.9 mi
8/10
West Senior HighGrades 9-122.1 mi

Construction

Condition

  • Year built: 1933

Materials

  • Foundation: Poured Concrete,Slab
  • Roof: Membrane
  • Construction materials: Brick,Steel

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: Condo
  • Property subType: Condominium,Single Family Residence

Interior

Appliances

  • Appliances included: Other,Electric Water Heater
  • Laundry features: Main Level

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Features

  • Granite Bath Tops,Granite Counters,Cable TV,High Speed Internet
  • Flooring: Wood
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 886

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 886
  • Total interior livable area: 886 sqft

Kitchen

  • Level: Main
  • Area: 211.4

Living Room

  • Level: Main

Master Bathroom

  • Features: None

Master Bedroom

  • Level: Main
  • Area: 170.751

Property

Accessibility

  • Accessibility features: Accessible Hallway(s),Covered Entrance,Accessible Approach with Ramp,Levered Door Knobs

Details

  • Parcel number: 280541600300
  • Attached to another structure: Yes
  • Zoning description: Residential,Multi-Family,Planned Unit Development

Features

  • Levels: One
  • Stories: 1
  • Entry location: No Steps,Other
  • Patio & porch: Patio
  • Exterior features: Sprinkler System
  • Waterfront features: None

Lot

  • Features: Other,Landscaped

Parking

  • Total spaces: 1
  • Parking features: Drive Under/Built-In,Garage Door Opener,Paved,Heated Garage,Concrete Floors,Heated,Asphalt,Concrete
  • Has garage: Yes
  • Attached garage spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Winter Weather
    Winter WeatherVery High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Strong Wind
Hail
Inland Flooding
Tornado
Tsunami

FEMA Declared Disasters in Grand Traverse County and Michigan

Severe Ice Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,351$28,212
Home Insurance *$129$1,548
Property Taxes $325$3,900
Electricity $188$2,259
Total$2,993$35,916
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,617/yr
40% on housing$89,790/yr
45% on housing$79,813/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.8%
2.8%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$525This listing

vs Other Active Listings

Avg $/sqft

ZIP 49684$348
Grand Traverse County$305

vs Homes Sold Last Month

Median $/sqft

ZIP 49684$285
Grand Traverse County$238

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listed for sale$480,000
2022-05-23Sold$431,000
2022-05-10Pending sale$425,000
2022-05-05Listed for sale$425,000
2019-10-30Sold$290,075

For Sale by Agent

AgentMarsha Minervini
BrokerageREMAX Bayshore - Union St TC

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