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608 Terrace Dr

Houghton Lake, MI 48629

2 bd 1 ba 1,179 sqft Built 1964 Lot 10,688 sqft single_family
Most recent sale
$55,000
Oct 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 9, 2025 Sold $120,000 MichRic
Oct 31, 2022 Sold $55,000 Waterwonderland
Oct 12, 2022 Listed $59,900 Waterwonderland
Jan 23, 2019 Sold $25,235 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $31,600 $1,392
2021 $30,000 $1,359
2020 $28,500 $1,361
2019 $27,900 $1,110
2018 $28,700 $1,348
2017 $27,800 $916
2016 $26,000 $909
2015 $24,600 $895
2014 $23,300 $885
2009 $33,900 $622

Property facts

Year built
1964
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,179 sqft
Lot size
10,688 sqft
ZIP code
48629
City
Houghton Lake
Street
Terrace Dr
Coordinates
44.30034, -84.74920

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 608 Terrace Dr last sell?
608 Terrace Dr most recently sold on Oct 31, 2022 for $55,000.
What is the current tax assessment for 608 Terrace Dr?
The most recent total assessment for 608 Terrace Dr (year 2022) is $31,600 with $1,392 in property tax.
How does 608 Terrace Dr's assessment compare to its last sale price?
The current assessment is 42.5% below the last sale price of $55,000.
When was 608 Terrace Dr built?
608 Terrace Dr was built in 1964.
How does 608 Terrace Dr compare to others on Terrace Dr?
We track 6 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 608 Terrace Dr?
608 Terrace Dr is a 2 bed, 1 bath, 1,179 sqft, 10,688 sqft lot single_family.
Is 608 Terrace Dr a flip candidate?
No — 608 Terrace Dr does not appear in our flips dataset.
Is 608 Terrace Dr a tax-appeal candidate?
No — 608 Terrace Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.5%
Implied 1-yr
+25.8%
2026 Q3
$308.3K
2026 Q4
$322.3K
ZIP 48629 — Median Price History + Forecast

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