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2055 Chelsea Ln

Traverse City, MI 49685

3 bd 3 ba 2,347 sqft Built 2011 condos
Most recent sale
$565,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2023 Price changed $579,000 NGLRMLS
Mar 29, 2023 Listed $585,000 NGLRMLS
Sep 21, 2022 Price changed $585,000 MLS #1904834
Sep 12, 2022 Listed $590,000 MLS #1904834
Jul 15, 2022 Sold $565,000 MLS #1900639
Jun 4, 2022 Listed $589,500 MLS #1900639
Apr 18, 2017 Sold $255,000 Public Record
Jan 1, 2017 Sold $255,000 Public Record
Oct 7, 2011 Sold $209,000 MLS #1729330
Aug 2, 2011 Listed $219,900 MLS #1729330
Jan 1, 2011 Sold $209,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $142,400 $2,524
2020 $135,700 $3,762

Property facts

Year built
2011
Property type
condos
Stories
Beds
3
Baths
3
Living area
2,347 sqft
Lot size
ZIP code
49685
City
Traverse City
Street
Chelsea Ln
Coordinates
44.71722, -85.64050

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,521
Gross rental yield
7.48%
Implied cap rate
4.86%
Trend-extrapolated value

Frequently asked questions

When did 2055 Chelsea Ln last sell?
2055 Chelsea Ln most recently sold on Jul 15, 2022 for $565,000.
What is the current tax assessment for 2055 Chelsea Ln?
The most recent total assessment for 2055 Chelsea Ln (year 2021) is $142,400 with $2,524 in property tax.
How does 2055 Chelsea Ln's assessment compare to its last sale price?
The current assessment is 74.8% below the last sale price of $565,000.
When was 2055 Chelsea Ln built?
2055 Chelsea Ln was built in 2011.
How does 2055 Chelsea Ln compare to others on Chelsea Ln?
We track 8 other properties on Chelsea Ln. Browse the list under "Other properties on Chelsea Ln" to compare beds, baths, and sale history.
What are the property facts for 2055 Chelsea Ln?
2055 Chelsea Ln is a 3 bed, 3 bath, 2,347 sqft condos.
Is 2055 Chelsea Ln a flip candidate?
No — 2055 Chelsea Ln does not appear in our flips dataset.
Is 2055 Chelsea Ln a tax-appeal candidate?
No — 2055 Chelsea 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
+4.4%
Implied 1-yr
+17.5%
2026 Q3
$592.5K
2026 Q4
$592.5K
ZIP 49685 — Median Price History + Forecast

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