227 Fair St
Traverse City, MI 49686
2 bd 1 ba 895 sqft Built 1967 condos
Most recent sale
$180,900
Mar 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 9, 2022 | Sold | $180,900 | MLS #1897110 |
| Feb 25, 2022 | Listed | $179,900 | MLS #1897110 |
| Sep 25, 2018 | Sold | $127,500 | MLS #1851793 |
| Aug 28, 2018 | Listed | $129,900 | MLS #1851793 |
| Apr 21, 2006 | Sold | $89,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $61,500 | $1,786 |
| 2020 | — | — | $58,900 | $1,995 |
| 2019 | — | — | $52,500 | $1,988 |
Property facts
Year built
1967
Property type
condos
Stories
—
Beds
2
Baths
1
Living area
895 sqft
Lot size
—
ZIP code
49686
City
Traverse City
Street
Fair St
Coordinates
44.76229, -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
$1,343
Gross rental yield
8.91%
Implied cap rate
5.79%
Trend-extrapolated value
—
Frequently asked questions
When did 227 Fair St last sell?
227 Fair St most recently sold on Mar 9, 2022 for $180,900.
What is the current tax assessment for 227 Fair St?
The most recent total assessment for 227 Fair St (year 2021) is $61,500 with $1,786 in property tax.
How does 227 Fair St's assessment compare to its last sale price?
The current assessment is 66.0% below the last sale price of $180,900.
When was 227 Fair St built?
227 Fair St was built in 1967.
How does 227 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 227 Fair St?
227 Fair St is a 2 bed, 1 bath, 895 sqft condos.
Is 227 Fair St a flip candidate?
No — 227 Fair St does not appear in our flips dataset.
Is 227 Fair St a tax-appeal candidate?
No — 227 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