225 Center Ln
Traverse City, MI 49684
3 bd 2 ba 1,976 sqft Built 1957 Lot 15,246 sqft single_family
Most recent sale
$425,000
Oct 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 28, 2022 | Sold | $425,000 | NGLRMLS |
| Sep 30, 2022 | Listed | $374,900 | NGLRMLS |
| Jul 26, 2017 | Sold | $185,000 | NGLRMLS |
| Jul 11, 2016 | Listed | $190,000 | NGLRMLS |
| Jan 1, 2016 | Sold | $185,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $140,300 | $4,377 |
| 2021 | — | — | $135,500 | $4,288 |
| 2020 | — | — | $123,900 | $4,247 |
| 2019 | — | — | $112,400 | $4,233 |
| 2006 | — | — | $103,600 | $1,868 |
Property facts
Year built
1957
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,976 sqft
Lot size
15,246 sqft
ZIP code
49684
City
Traverse City
Street
Center Ln
Coordinates
44.74558, -85.62550
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,964
Gross rental yield
8.37%
Implied cap rate
5.44%
Trend-extrapolated value
—
Frequently asked questions
When did 225 Center Ln last sell?
225 Center Ln most recently sold on Oct 28, 2022 for $425,000.
What is the current tax assessment for 225 Center Ln?
The most recent total assessment for 225 Center Ln (year 2022) is $140,300 with $4,377 in property tax.
How does 225 Center Ln's assessment compare to its last sale price?
The current assessment is 67.0% below the last sale price of $425,000.
When was 225 Center Ln built?
225 Center Ln was built in 1957.
How does 225 Center Ln compare to others on Center Ln?
We track 2 other properties on Center Ln. Browse the list under "Other properties on Center Ln" to compare beds, baths, and sale history.
What are the property facts for 225 Center Ln?
225 Center Ln is a 3 bed, 2 bath, 1,976 sqft, 15,246 sqft lot single_family.
Is 225 Center Ln a flip candidate?
No — 225 Center Ln does not appear in our flips dataset.
Is 225 Center Ln a tax-appeal candidate?
No — 225 Center Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.3%
Implied 1-yr
-13.3%
2026 Q3
$343.4K
2026 Q4
$328.9K
ZIP 49684 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Center Ln