Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 26M+ properties All 50 states Methodology

2078 Chelsea Ln

Traverse City, MI 49685

2 bd 2 ba 1,265 sqft Built 2005 townhomes
Most recent sale
$320,000
Nov 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2022 Sold $320,000 NGLRMLS
Oct 3, 2022 Listed $320,000 NGLRMLS
Jan 1, 2018 Sold $180,000 Public Record
Jan 6, 2017 Sold $164,900 NGLRMLS
Dec 3, 2016 Listed $164,900 NGLRMLS
Jan 1, 2016 Sold $164,900 Public Record
Jan 23, 2006 Sold $143,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $113,400 $2,462
2021 $92,600 $2,500
2020 $87,000 $2,437
2019 $93,500 $2,590

Property facts

Year built
2005
Property type
townhomes
Stories
Beds
2
Baths
2
Living area
1,265 sqft
Lot size
ZIP code
49685
City
Traverse City
Street
Chelsea Ln
Coordinates
44.71680, -85.63965

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
$1,898
Gross rental yield
7.12%
Implied cap rate
4.63%
Trend-extrapolated value

Frequently asked questions

When did 2078 Chelsea Ln last sell?
2078 Chelsea Ln most recently sold on Nov 4, 2022 for $320,000.
What is the current tax assessment for 2078 Chelsea Ln?
The most recent total assessment for 2078 Chelsea Ln (year 2022) is $113,400 with $2,462 in property tax.
How does 2078 Chelsea Ln's assessment compare to its last sale price?
The current assessment is 64.6% below the last sale price of $320,000.
When was 2078 Chelsea Ln built?
2078 Chelsea Ln was built in 2005.
How does 2078 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 2078 Chelsea Ln?
2078 Chelsea Ln is a 2 bed, 2 bath, 1,265 sqft townhomes.
Is 2078 Chelsea Ln a flip candidate?
No — 2078 Chelsea Ln does not appear in our flips dataset.
Is 2078 Chelsea Ln a tax-appeal candidate?
No — 2078 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

Explore nearby