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1021 Centre St

Traverse City, MI 49686

1 bd 1 ba 545 sqft Built 1977 condos
Most recent sale
$145,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 12, 2025 Sold $189,500 NGLRMLS
Jan 15, 2025 Listed $189,000 NGLRMLS
May 20, 2022 Sold $145,000 MLS #1897622
Mar 17, 2022 Listed $140,000 MLS #1897622

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $87,100 $2,960
2024 $87,100 $4,282
2023 $73,400 $4,013
2022 $61,800 $3,062

Property facts

Year built
1977
Property type
condos
Stories
Beds
1
Baths
1
Living area
545 sqft
Lot size
ZIP code
49686
City
Traverse City
Street
Centre St
Coordinates
44.75175, -85.59702

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
$818
Gross rental yield
6.77%
Implied cap rate
4.40%
Trend-extrapolated value

Frequently asked questions

When did 1021 Centre St last sell?
1021 Centre St most recently sold on May 20, 2022 for $145,000.
What is the current tax assessment for 1021 Centre St?
The most recent total assessment for 1021 Centre St (year 2025) is $87,100 with $2,960 in property tax.
How does 1021 Centre St's assessment compare to its last sale price?
The current assessment is 39.9% below the last sale price of $145,000.
When was 1021 Centre St built?
1021 Centre St was built in 1977.
How does 1021 Centre St compare to others on Centre St?
We track 8 other properties on Centre St. Browse the list under "Other properties on Centre St" to compare beds, baths, and sale history.
What are the property facts for 1021 Centre St?
1021 Centre St is a 1 bed, 1 bath, 545 sqft condos.
Is 1021 Centre St a flip candidate?
No — 1021 Centre St does not appear in our flips dataset.
Is 1021 Centre St a tax-appeal candidate?
No — 1021 Centre St 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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