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1851 Caspian Ln

Traverse City, MI 49686

4 bd 3 ba 2,520 sqft Built 2014 condos
Most recent sale
$435,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $435,000 MLS #1903140
Aug 29, 2022 Relisted $430,000 MLS #1903140
Jul 28, 2022 Listed $430,000 MLS #1903140
Jul 26, 2017 Sold $234,009 MLS #1783585
Jun 11, 2014 Listed $234,900 MLS #1783585
Jan 1, 2014 Sold $234,900 Public Record
Jan 1, 2007 Sold $160,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $138,900 $3,985
2020 $138,800 $4,808

Property facts

Year built
2014
Property type
condos
Stories
Beds
4
Baths
3
Living area
2,520 sqft
Lot size
ZIP code
49686
City
Traverse City
Street
Caspian Ln
Coordinates
44.71642, -85.53922

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,780
Gross rental yield
10.43%
Implied cap rate
6.78%
Trend-extrapolated value

Frequently asked questions

When did 1851 Caspian Ln last sell?
1851 Caspian Ln most recently sold on Sep 1, 2022 for $435,000.
What is the current tax assessment for 1851 Caspian Ln?
The most recent total assessment for 1851 Caspian Ln (year 2021) is $138,900 with $3,985 in property tax.
How does 1851 Caspian Ln's assessment compare to its last sale price?
The current assessment is 68.1% below the last sale price of $435,000.
When was 1851 Caspian Ln built?
1851 Caspian Ln was built in 2014.
How does 1851 Caspian Ln compare to others on Caspian Ln?
We track 3 other properties on Caspian Ln. Browse the list under "Other properties on Caspian Ln" to compare beds, baths, and sale history.
What are the property facts for 1851 Caspian Ln?
1851 Caspian Ln is a 4 bed, 3 bath, 2,520 sqft condos.
Is 1851 Caspian Ln a flip candidate?
No — 1851 Caspian Ln does not appear in our flips dataset.
Is 1851 Caspian Ln a tax-appeal candidate?
No — 1851 Caspian Ln 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
-5.2%
Implied 1-yr
-20.6%
2026 Q3
$392.9K
2026 Q4
$362.5K
ZIP 49686 — Median Price History + Forecast

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