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139 E 8th St Unit 107, Traverse City, MI, 49684

1beds
1baths
571sqft
$315,000
$552price/sqft
$2,087/moest. monthly cost
$83,480/yrincome needed

About This Home

Downtown Traverse City continues to be one of Northern Michigan's most desirable places to live, and this condominium at The Capri puts you right in the middle of it all. Built in 2018, this 1-bedroom, 1-bath residence offers a simple, low-maintenance lifestyle that's equally well suited as a full-time home or investment property. Spend your evenings walking to dinner, enjoying live music, exploring local shops, or watching the sunset over West Grand Traverse Bay. The beaches, Boardman Lake Trail, Clinch Park, and countless community events are all just a short walk away. If location has been at the top of your wish list, it's hard to find a better place to enjoy everything downtown Traverse City has to offer.

Getting Around

91
WalkingWalker's Paradise
0
TransitVery Limited Transit
95
BikeBiker's Paradise

Schools

8/10
Central Grade SchoolGrades PK-70.3 mi
7/10
Central High SchoolGrades 8-121.7 mi
7/10
East Middle SchoolGrades 6-84.8 mi

Construction

Condition

  • Year built: 2018

Materials

  • Foundation: Slab
  • Roof: Membrane
  • Construction materials: Frame,Brick,Other

Type & Style

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

Interior

Appliances

  • Appliances included: Refrigerator,Oven/Range,Dishwasher,Microwave,Washer,Dryer
  • Laundry features: Main Level

Bedrooms & Bathrooms

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

Features

  • High Speed Internet
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 571

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 571
  • Total interior livable area: 571 sqft

Kitchen

  • Level: Main
  • Area: 84.7906

Living Room

  • Level: Main
  • Area: 120.1

Master Bathroom

  • Features: None

Master Bedroom

  • Area: 143.91

Property

Accessibility

  • Accessibility features: Levered Door Knobs

Details

  • Parcel number: 285184402300
  • Attached to another structure: Yes
  • Zoning description: Other

Features

  • Levels: One
  • Stories: 1
  • Entry location: Stairway (Indoor),First Floor Level
  • Waterfront features: None

Lot

  • Features: Level,Landscaped

Parking

  • Parking features: Alley Access,Paved,None,Asphalt
  • 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
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Winter Weather
Lightning
Strong Wind
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 $1,592$19,104
Home Insurance *$87$1,044
Property Taxes $220$2,640
Electricity $188$2,259
Total$2,087$25,044
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,554/yr
40% on housing$62,610/yr
45% on housing$55,653/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

$552This listing

vs Other Active Listings

Avg $/sqft

ZIP 49684$350
Grand Traverse County$306

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
2026-07-06Listed for sale$315,000
2022-05-03Listing removed--
2022-04-30Listed for sale$449,000

For Sale by Agent

AgentMatthew Dakoske
BrokerageREMAX Bayshore - Union St TC

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