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3862 Brook Dr

Traverse City, MI 49684

4 bd 2 ba 2,178 sqft Built 1954 Lot 8,276 sqft multi_family
Most recent sale
$235,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 12, 2024 Sold $270,000 NGLRMLS
Sep 27, 2024 Price changed $275,000 NGLRMLS
Aug 28, 2024 Price changed $299,000 NGLRMLS
Aug 3, 2024 Price changed $315,000 NGLRMLS
Jul 9, 2024 Price changed $330,000 NGLRMLS
Jun 19, 2024 Listed $340,000 NGLRMLS
Jun 30, 2022 Sold $235,000 MLS #1900211
May 27, 2022 Price changed $230,000 MLS #1900211
May 26, 2022 Listed $250,000 MLS #1900211
May 11, 2022 Listed $275,000 MLS #1899577
Jul 26, 2017 Sold $74,000 MLS #1728563
Aug 22, 2011 Price changed $75,200 MLS #1728563
Aug 8, 2011 Price changed $80,000 MLS #1728563
Jul 8, 2011 Listed $86,400 MLS #1728563
Jun 24, 2011 Listing removed $109,900 NGLRMLS
Oct 18, 2010 Listed $109,900 MLS #1721212

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $85,600 $983
2020 $77,000 $1,469

Property facts

Year built
1954
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
2,178 sqft
Lot size
8,276 sqft
ZIP code
49684
City
Traverse City
Street
Brook Dr
Coordinates
44.74273, -85.64688

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3862 Brook Dr last sell?
3862 Brook Dr most recently sold on Jun 30, 2022 for $235,000.
What is the current tax assessment for 3862 Brook Dr?
The most recent total assessment for 3862 Brook Dr (year 2021) is $85,600 with $983 in property tax.
How does 3862 Brook Dr's assessment compare to its last sale price?
The current assessment is 63.6% below the last sale price of $235,000.
When was 3862 Brook Dr built?
3862 Brook Dr was built in 1954.
How does 3862 Brook Dr compare to others on Brook Dr?
We track 8 other properties on Brook Dr. Browse the list under "Other properties on Brook Dr" to compare beds, baths, and sale history.
What are the property facts for 3862 Brook Dr?
3862 Brook Dr is a 4 bed, 2 bath, 2,178 sqft, 8,276 sqft lot multi_family.
Is 3862 Brook Dr a flip candidate?
No — 3862 Brook Dr does not appear in our flips dataset.
Is 3862 Brook Dr a tax-appeal candidate?
No — 3862 Brook 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
-3.3%
Implied 1-yr
-13.3%
2026 Q3
$343.4K
2026 Q4
$328.9K
ZIP 49684 — Median Price History + Forecast

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