129 Fair St
Traverse City, MI 49686
2 bd 1 ba 896 sqft Built 1970 condos
Most recent sale
$173,500
May 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 20, 2025 | Sold | $229,000 | NGLRMLS |
| Jun 5, 2025 | Listed | $220,000 | NGLRMLS |
| Oct 30, 2024 | Listed | $225,000 | NGLRMLS |
| Dec 26, 2023 | Listed | $220,000 | NGLRMLS |
| May 26, 2022 | Sold | $173,500 | MLS #1897925 |
| Mar 28, 2022 | Listed | $180,000 | MLS #1897925 |
| Mar 2, 2020 | Sold | $137,500 | MLS #1871760 |
| Apr 6, 1998 | Sold | $61,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $98,600 | $4,733 |
| 2024 | — | — | $98,600 | $4,609 |
| 2023 | — | — | $79,000 | $4,319 |
| 2022 | — | — | $75,400 | $2,418 |
| 2021 | — | — | $63,800 | $2,100 |
| 2020 | — | — | $58,800 | $1,419 |
| 2019 | — | — | $52,300 | $1,414 |
| 2006 | — | — | $45,720 | $1,015 |
Property facts
Year built
1970
Property type
condos
Stories
—
Beds
2
Baths
1
Living area
896 sqft
Lot size
—
ZIP code
49686
City
Traverse City
Street
Fair St
Coordinates
44.76318, -85.58834
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
$1,344
Gross rental yield
9.30%
Implied cap rate
6.04%
Trend-extrapolated value
—
Frequently asked questions
When did 129 Fair St last sell?
129 Fair St most recently sold on May 26, 2022 for $173,500.
What is the current tax assessment for 129 Fair St?
The most recent total assessment for 129 Fair St (year 2025) is $98,600 with $4,733 in property tax.
How does 129 Fair St's assessment compare to its last sale price?
The current assessment is 43.2% below the last sale price of $173,500.
When was 129 Fair St built?
129 Fair St was built in 1970.
How does 129 Fair St compare to others on Fair St?
We track 8 other properties on Fair St. Browse the list under "Other properties on Fair St" to compare beds, baths, and sale history.
What are the property facts for 129 Fair St?
129 Fair St is a 2 bed, 1 bath, 896 sqft condos.
Is 129 Fair St a flip candidate?
No — 129 Fair St does not appear in our flips dataset.
Is 129 Fair St a tax-appeal candidate?
No — 129 Fair St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.2%
Implied 1-yr
-20.6%
2026 Q3
$392.9K
2026 Q4
$362.5K
ZIP 49686 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fair St