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720 Centre Pl

Traverse City, MI 49686

2 bd 2 ba 1,019 sqft Built 1985 condos
Most recent sale
$331,115
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $331,115 MLS #1899848
May 17, 2022 Listed $265,000 MLS #1899848

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $103,900 $1,940
2020 $98,800 $2,167
2019 $86,800 $2,160
2006 $95,130 $1,340

Property facts

Year built
1985
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,019 sqft
Lot size
ZIP code
49686
City
Traverse City
Street
Centre Pl
Coordinates
44.75415, -85.60869

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
$1,529
Gross rental yield
5.54%
Implied cap rate
3.60%
Trend-extrapolated value

Frequently asked questions

When did 720 Centre Pl last sell?
720 Centre Pl most recently sold on May 31, 2022 for $331,115.
What is the current tax assessment for 720 Centre Pl?
The most recent total assessment for 720 Centre Pl (year 2021) is $103,900 with $1,940 in property tax.
How does 720 Centre Pl's assessment compare to its last sale price?
The current assessment is 68.6% below the last sale price of $331,115.
When was 720 Centre Pl built?
720 Centre Pl was built in 1985.
How does 720 Centre Pl compare to others on Centre Pl?
We track 8 other properties on Centre Pl. Browse the list under "Other properties on Centre Pl" to compare beds, baths, and sale history.
What are the property facts for 720 Centre Pl?
720 Centre Pl is a 2 bed, 2 bath, 1,019 sqft condos.
Is 720 Centre Pl a flip candidate?
No — 720 Centre Pl does not appear in our flips dataset.
Is 720 Centre Pl a tax-appeal candidate?
No — 720 Centre Pl 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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