508 Hastings St #1, Traverse City, MI, 49686
About This Home
Welcome to this Contemporary Urban Oasis near the heart of downtown Traverse City. This gorgeous condo has been professionally decorated with a timeless color palette. Enter into the family room with 20 ft ceilings. Open kitchen with snack bar and stainless-steel appliances. Main floor full bath with a large linen closet. Custom laundry area with built-in storage and utility closet. Upstairs you will find an open and airy bedroom with a live edge desk, custom built especially for this space, which provides the perfect spot for a home office. Updates also include built-in shelving throughout, a 5-drawer dresser and closet organizers. Located close to the TART Trail, downtown shopping, Bryant Beach Park and award-winning wineries. All furnishings, including dishes, pot & pans, silverware, small kitchen appliances and linens are available for purchase making this truly a ''turnkey property''. Reserved are four pieces of artwork. Buyer and buyers agent to verify all information.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Year built: 2019
Materials
- Roof: Metal
- Construction materials: Other
Type & Style
- Home type: Condo
- Architectural style: Contemporary
- Property subType: Condominium
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: In Unit
Basement
- Basement: Slab
Bathroom1
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Dining Area
- Level: Main
Family Room
- Level: Main
Features
- Ceiling Fan(s),Eat-in Kitchen
- Window features: Window Treatments
- Flooring: Vinyl
Interior Area
- Total structure area: 564
- Total interior livable area: 564 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Master Bedroom
- Level: Upper
Property
Details
- Parcel number: 5115200400
- Zoning description: Res-Condo
Features
- Stories: 2
Lot
- Features: Level,Sidewalk
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
- Winter Weather
- Lightning
- Strong Wind
- Hail
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Grand Traverse County and Michigan
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,390 | $16,680 |
| Home Insurance * | $103 | $1,236 |
| Property Taxes | $192 | $2,304 |
| Electricity | $188 | $2,259 |
| Total | $1,873 | $22,476 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-23 | Listed for sale | $299,000 |
| 2023-12-16 | Listing removed | $290,000 |
| 2023-11-17 | Listed for sale | $290,000 |
| 2023-11-11 | Listing removed | $290,000 |
| 2023-10-10 | Price change | $290,000 |
| 2023-07-14 | Price change | $300,000 |
| 2023-06-11 | Listed for sale | $325,000 |
| 2021-05-21 | Sold | $200,000 |
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