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524 Depot Ct

Traverse City, MI 49686

3 bd 3 ba 1,890 sqft Built 2016 Lot 745 sqft condo
Most recent sale
$420,000
Nov 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 26, 2026 Listing removed $485,000 MiRealSource
Jan 21, 2026 Sold $487,500 Public Record
Oct 24, 2025 Listed $485,000 MiRealSource
Nov 10, 2022 Listing removed NGLRMLS
Nov 7, 2022 Sold $420,000 NGLRMLS
Oct 12, 2022 Price changed $450,000 NGLRMLS
Oct 8, 2022 Price changed $470,000 NGLRMLS
Sep 28, 2022 Listed $485,000 NGLRMLS
Sep 8, 2021 Sold $435,000 NGLRMLS
Aug 4, 2021 Listed $424,900 NGLRMLS
Jan 1, 2017 Sold $274,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $197,500 $7,246
2021 $143,400 $7,571
2020 $135,200 $7,488
2019 $139,600 $7,748

Property facts

Year built
2016
Property type
condo
Stories
3
Beds
3
Baths
3
Living area
1,890 sqft
Lot size
745 sqft
ZIP code
49686
City
Traverse City
Street
Depot Ct
Coordinates
44.75842, -85.60974

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
$2,835
Gross rental yield
8.10%
Implied cap rate
5.27%
Trend-extrapolated value

Frequently asked questions

When did 524 Depot Ct last sell?
524 Depot Ct most recently sold on Nov 7, 2022 for $420,000.
What is the current tax assessment for 524 Depot Ct?
The most recent total assessment for 524 Depot Ct (year 2022) is $197,500 with $7,246 in property tax.
How does 524 Depot Ct's assessment compare to its last sale price?
The current assessment is 53.0% below the last sale price of $420,000.
When was 524 Depot Ct built?
524 Depot Ct was built in 2016.
How does 524 Depot Ct compare to others on Depot Ct?
We track 8 other properties on Depot Ct. Browse the list under "Other properties on Depot Ct" to compare beds, baths, and sale history.
What are the property facts for 524 Depot Ct?
524 Depot Ct is a 3 bed, 3 bath, 1,890 sqft, 745 sqft lot condo.
Is 524 Depot Ct a flip candidate?
No — 524 Depot Ct does not appear in our flips dataset.
Is 524 Depot Ct a tax-appeal candidate?
No — 524 Depot 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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