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11531 Chimney Ridge Ct

Traverse City, MI 49686

3 bd 2 ba 1,691 sqft Built 1988 Lot 44,431 sqft single_family
Most recent sale
$710,000
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $710,000 MLS #1903826
Aug 15, 2022 Listed $730,000 MLS #1903826

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $225,200 $2,728
2020 $203,500 $3,927

Property facts

Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,691 sqft
Lot size
44,431 sqft
ZIP code
49686
City
Traverse City
Street
Chimney Ridge Ct
Coordinates
44.85445, -85.55227

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,537
Gross rental yield
4.29%
Implied cap rate
2.79%
Trend-extrapolated value

Frequently asked questions

When did 11531 Chimney Ridge Ct last sell?
11531 Chimney Ridge Ct most recently sold on Oct 5, 2022 for $710,000.
What is the current tax assessment for 11531 Chimney Ridge Ct?
The most recent total assessment for 11531 Chimney Ridge Ct (year 2021) is $225,200 with $2,728 in property tax.
How does 11531 Chimney Ridge Ct's assessment compare to its last sale price?
The current assessment is 68.3% below the last sale price of $710,000.
When was 11531 Chimney Ridge Ct built?
11531 Chimney Ridge Ct was built in 1988.
How does 11531 Chimney Ridge Ct compare to others on Chimney Ridge Ct?
We track 1 other property on Chimney Ridge Ct. Browse the list under "Other properties on Chimney Ridge Ct" to compare beds, baths, and sale history.
What are the property facts for 11531 Chimney Ridge Ct?
11531 Chimney Ridge Ct is a 3 bed, 2 bath, 1,691 sqft, 44,431 sqft lot single_family.
Is 11531 Chimney Ridge Ct a flip candidate?
No — 11531 Chimney Ridge Ct does not appear in our flips dataset.
Is 11531 Chimney Ridge Ct a tax-appeal candidate?
No — 11531 Chimney Ridge Ct 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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