5237 Chestnut Ct
Traverse City, MI 49685
3 bd 3 ba 2,316 sqft Built 2007 condos
Most recent sale
$418,000
Jul 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 27, 2022 | Sold | $418,000 | MLS #1901682 |
| Jun 24, 2022 | Listed | $439,000 | MLS #1901682 |
| Dec 16, 2010 | Sold | $220,000 | MLS #1719684 |
| Oct 19, 2010 | Price changed | $229,900 | MLS #1719684 |
| Aug 20, 2010 | Listed | $238,900 | MLS #1719684 |
| Aug 20, 2010 | Listing removed | $252,000 | NGLRMLS |
| Jul 9, 2010 | Price changed | $252,000 | MLS #1713178 |
| Jun 29, 2010 | Price changed | $259,500 | MLS #1713178 |
| Mar 22, 2010 | Listed | $262,900 | MLS #1713178 |
| Jan 1, 2010 | Sold | $220,000 | Public Record |
| Jan 28, 2008 | Sold | $245,000 | Public Record |
| Jan 1, 2008 | Sold | $245,000 | Public Record |
| Jun 29, 2007 | Sold | $237,500 | Public Record |
| Jan 1, 2007 | Sold | $237,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $153,000 | $2,389 |
| 2020 | — | — | $145,000 | $3,485 |
Property facts
Year built
2007
Property type
condos
Stories
—
Beds
3
Baths
3
Living area
2,316 sqft
Lot size
—
ZIP code
49685
City
Traverse City
Street
Chestnut Ct
Coordinates
44.74775, -85.67928
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
$3,474
Gross rental yield
9.97%
Implied cap rate
6.48%
Trend-extrapolated value
—
Frequently asked questions
When did 5237 Chestnut Ct last sell?
5237 Chestnut Ct most recently sold on Jul 27, 2022 for $418,000.
What is the current tax assessment for 5237 Chestnut Ct?
The most recent total assessment for 5237 Chestnut Ct (year 2021) is $153,000 with $2,389 in property tax.
How does 5237 Chestnut Ct's assessment compare to its last sale price?
The current assessment is 63.4% below the last sale price of $418,000.
When was 5237 Chestnut Ct built?
5237 Chestnut Ct was built in 2007.
How does 5237 Chestnut Ct compare to others on Chestnut Ct?
We track 6 other properties on Chestnut Ct. Browse the list under "Other properties on Chestnut Ct" to compare beds, baths, and sale history.
What are the property facts for 5237 Chestnut Ct?
5237 Chestnut Ct is a 3 bed, 3 bath, 2,316 sqft condos.
Is 5237 Chestnut Ct a flip candidate?
No — 5237 Chestnut Ct does not appear in our flips dataset.
Is 5237 Chestnut Ct a tax-appeal candidate?
No — 5237 Chestnut Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.4%
Implied 1-yr
+17.5%
2026 Q3
$592.5K
2026 Q4
$592.5K
ZIP 49685 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Chestnut Ct