119 E 8th St #5
Traverse City, MI 49684
Downtown- 1 Bed
- 1.5 Baths
- 917 sqft
1 Bed
1.5 Baths
917 sqft
Home Value
Trulia Estimate
$396KSince last month
Decreased$4K (-0.9%)Since last year
Decreased$12K (-2.8%)Since last sale
Increased$20K (+5.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +72% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $395K |
| July 2026 | $399K |
| June 2026 | $389K |
| May 2026 | $395K |
| April 2026 | $388K |
| March 2026 | $387K |
| February 2026 | $385K |
| January 2026 | $389K |
2025 | |
2024 | |
2023 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Condo | $380,000 | 06/09/26 | 1 | 1.5 | 804 | |
0.11 | Condo | $385,000 | 10/17/25 | 1 | 1 | 1,173 | |
0.03 | Condo | $315,000 | 04/13/26 | 1 | 1 | 571 | |
0.00 | Condo | $415,000 | 10/01/25 | 2 | 1 | 892 | |
0.04 | Condo | $305,000 | 12/01/25 | 1 | 1 | 571 | |
0.06 | Condo | $280,000 | 02/19/26 | 1 | 1 | 660 | |
0.03 | Condo | $280,000 | 12/05/25 | 1 | 1 | 573 | |
0.13 | Condo | $415,000 | 07/24/26 | 2 | 1.5 | 1,182 | |
0.29 | Condo | $318,000 | 07/02/26 | 1 | 1 | 694 | |
0.39 | Condo | $399,000 | 02/09/26 | 1 | 1 | 796 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $428,800 | 2 | 1 | 892 | Off Market | |
0.00 | $403,100 | 2 | 1 | 917 | Off Market | |
0.00 | $425,000 | 2 | 1 | 892 | For Sale | |
0.00 | - | Studio | - | - | Off Market | |
0.00 | $380,700 | 2 | 1 | 861 | Off Market | |
0.03 | $280,000 | 1 | 1 | 573 | Recently Sold | |
0.03 | $315,000 | 1 | 1 | 571 | Recently Sold | |
0.04 | $315,000 | 1 | 1 | 571 | For Sale | |
0.04 | $305,000 | 1 | 1 | 571 | Recently Sold | |
0.04 | $315,000 | 1 | 1 | 620 | For Sale | |
0.05 | $359,500 | 1 | 1 | 573 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Condo
Year Built
2013
Living Area
917 sqft
Price/Sqft
$432
HOA
$350/Monthly
About this House
Welcome to Ivy Terrace, in the heart of downtown Traverse City! This modern condo fits a wide array of lifestyles and uses... a primary residence for those seeking the ultimate low-maintenance lifestyle, or a second home with the ideal location for exploring the best of Traverse City, or a profitable short term rental. This condo had a nightly average rental rate of $313/night (May-September 2022 and 2023), while being marketed as a 2 person max rental (4 person rental is allowed). Enjoy the more spacious bedroom offered with the single bedroom layout, easily accommodating a king size bed (as compared to the 2 bed layout with much smaller bedrooms). The best restaurants & shops of downtown TC are within easy walking distance. Also nearby: Clinch Park & public beaches along West Bay, and the TART Trail. High end finishes throughout the unit including hardwood floors, granite counters & stainless steel appliances. There's plenty of room for two separate work-from-home areas, making it the ideal remote-work getaway for two professionals. The unit has been meticulously maintained and recent updates include new paint throughout the unit in 2021/2022, new carpeting in 2021 and routine cleaning/maintenance on all major appliances. Ivy Terrace stands out among other downtown condo developments with exterior access to the condos instead of interior access and the smaller size of the association (only 16 total units). This unit has an especially convenient location within the development, as it is located on the same level as the Old Town Parking Garage walkway/bridge, so no stairs required. Parking in Old Town Garage is $30/month per car. Three night minimum stay for rentals.
119 E 8th St #5, Traverse City, MI 49684 is a 1 bedroom, 2 bathroom, 917 sqft condo in Downtown, built in 2013. It last sold for $375,000 on Mar 15, 2024 (3% below the $385,000 asking price). More recently, it was listed as a rental in September 2023 with an asking price of $2,200 per month. That rental listing was removed on October 15, 2023. It is currently off market. The Trulia Estimate is $395,800, with a rent estimate of $2,047/month.
Last check for updates: about 17 hours ago
Listed by Shawn Schmidt, (231) 499-1990
Coldwell Banker Schmidt-522, (866) 603-5140
Carly Petrucci, (231) 649-3137
Coldwell Banker Schmidt-522, (866) 603-5140
Bought with: Jennifer Sterling, (231) 633-7280, Sterling Realty Alpha, (231) 633-7280
Source: NGLRMLS, MLS#1916909

Home Details for 119 E 8th St #5
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Interior Details Number of Rooms: 4Types of Rooms: Master Bedroom, Master Bathroom, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 917 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, DryerDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Flooring: Wood, Carpet, Tile |
Levels, Entrance, & Accessibility Entry Location: Stairway (Indoor), Elevator, No Steps, Second Floor LevelAccessibility: Accessible Doors, Accessible Hallway(s), Accessible Approach with Ramp, Accessible Elevator InstalledFloors: Wood, Carpet, Tile |
View No View |
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Exterior Home Features Roof: MembraneOther Structures: NoneExterior: Sprinkler System, SidewalkFoundation: Poured ConcreteNo Private PoolSprinkler System |
Parking & Garage No CarportNo GarageNo Attached GarageNo Open ParkingParking: Other,Concrete,Shared Driveway |
Frontage Waterfront: NoneResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 917 Square Feet |
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Cumulative Days on Market: 148 |
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Year Built Year Built: 2013 |
Property Type / Style Property Type: ResidentialProperty Subtype: Condominium, Single Family Residence, ApartmentArchitecture: Apartment |
Building Construction Materials: Frame, Stone, Cement Siding, Brick, BlockNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty |
Property Information Parcel Number: 5170300500 |
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Price List Price: $385,000Price Range: $375,000 - $385,000 |
Status Change & Dates Off Market Date: Fri Mar 15 2024Possession Timing: Negotiable |
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MLS Status: Sold Co-op Member |
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Direction & Address City: Traverse CityCommunity: Ivy Terrace |
School Information Elementary School District: Traverse City Area Public SchoolsJr High / Middle School District: Traverse City Area Public SchoolsHigh School District: Traverse City Area Public Schools |
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Building Area Building Area: 917 Square Feet |
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Community Features: Pets Allowed, Common Area |
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HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds, Maintenance Structure, Liability Insurance, Fire InsuranceHOA Fee: $4,200/Annually |
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Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash |
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Mls Number: 1916909Attribution Contact: Cell: 231-499-1990Above Grade Unfinished Area: 917 |
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Pets AllowedCommon Area |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 15, 2024 Source: NGLRMLS #1916909 | Sold | $375,000 |
Dec 6, 2023 Source: NGLRMLS #1916909 | PriceChange | $385,000 Price decreased by 1% |
Nov 9, 2023 Source: NGLRMLS #1916909 | PriceChange | $389,000 Price decreased by 3% |
Oct 19, 2023 Source: NGLRMLS #1916909 | Listed For Sale | $399,000 |
Oct 15, 2023 Source: Zillow Rentals | ListingRemoved | |
Sep 30, 2023 Source: Zillow Rentals | PriceChange | $2,000 Price decreased by 9% |
Sep 19, 2023 Source: Zillow Rentals | Listed For Rent | $2,200 |
Jun 5, 2023 Source: NGLRMLS #1910323 | ListingRemoved | |
May 3, 2023 Source: NGLRMLS #1910323 | PendingToActive | $420,000 |
May 2, 2023 Source: NGLRMLS #1910323 | Contingent | $420,000 |
Apr 26, 2023 Source: NGLRMLS #1910323 | Listed For Sale | $420,000 |
Aug 6, 2021 Source: NGLRMLS #1887996 | Sold | $300,000 |
Jul 28, 2021 Source: NGLRMLS #1887996 | Pending | $299,900 |
Jul 11, 2021 Source: NGLRMLS #1887996 | Contingent | $299,900 |
May 28, 2021 Source: NGLRMLS #1887996 | Listed For Sale | $299,900 |
Jan 9, 2014 Source: N/A | Sold | $204,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $9,497 | $379,600 |
Home facts updated by county records
Market trends in Traverse City
Last updated July 2026
Avg. sale price
$462K
$4.92KMoM
Sale-to-List Price
99.3%
0.4%MoM
Price per sq ft
$289
$16MoM
Available listings
544
18MoM
Around this home
What Locals Say about Downtown
At least 12 Trulia users voted on each feature.
100 % Say it's dog friendly
90 % Say people would walk alone at night
81 % Say kids play outside
75 % Say streets are well-lit
73 % Say there are sidewalks
71 % Say it's walkable to restaurants
71 % Say there's holiday spirit
69 % Say yards are well-kept
67 % Say they plan to stay for at least 5 years
65 % Say car is needed
65 % Say it's quiet
63 % Say neighbors are friendly
63 % Say parking is easy
44 % Say it's walkable to grocery stores
43 % Say there are community events
41 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
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The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Frequently asked questions about 119 E 8th St #5
- What is 119 E 8th St #5 estimated to be worth?Trulia's estimated value for 119 E 8th St #5 in Traverse City, MI is $395,800.
- What is the price history for 119 E 8th St #5?119 E 8th St #5 in Traverse City, MI last sold for $375,000 in March 2024.
- Is Traverse City a buyer's or seller's market?Traverse City is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Traverse City?The median sale price in Traverse City is $462K. That is up $4.92K from the prior month.
- Does 119 E 8th St #5 have air conditioning?Yes, 119 E 8th St #5 in Traverse City, MI has air conditioning.
- Does 119 E 8th St #5 have laundry facilities?Yes, 119 E 8th St #5 in Traverse City, MI has in-unit laundry.

