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3803 Franke Rd

Traverse City, MI 49684

2 bd 1 ba 925 sqft Built 1954 Lot 7,841 sqft single_family
Most recent sale
$228,500
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $228,500 MLS #1904142
Aug 29, 2022 Price changed $235,000 MLS #1904142
Aug 23, 2022 Listed $250,000 MLS #1904142
Nov 1, 2018 Sold $139,000 MLS #1851944
Aug 30, 2018 Listed $135,000 MLS #1851944
Jan 1, 2018 Sold $139,000 Public Record
Apr 8, 2003 Sold $75,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $71,000 $1,079
2020 $68,700 $1,608

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
925 sqft
Lot size
7,841 sqft
ZIP code
49684
City
Traverse City
Street
Franke Rd
Coordinates
44.74179, -85.64592

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,388
Gross rental yield
7.29%
Implied cap rate
4.74%
Trend-extrapolated value

Frequently asked questions

When did 3803 Franke Rd last sell?
3803 Franke Rd most recently sold on Sep 30, 2022 for $228,500.
What is the current tax assessment for 3803 Franke Rd?
The most recent total assessment for 3803 Franke Rd (year 2021) is $71,000 with $1,079 in property tax.
How does 3803 Franke Rd's assessment compare to its last sale price?
The current assessment is 68.9% below the last sale price of $228,500.
When was 3803 Franke Rd built?
3803 Franke Rd was built in 1954.
How does 3803 Franke Rd compare to others on Franke Rd?
We track 8 other properties on Franke Rd. Browse the list under "Other properties on Franke Rd" to compare beds, baths, and sale history.
What are the property facts for 3803 Franke Rd?
3803 Franke Rd is a 2 bed, 1 bath, 925 sqft, 7,841 sqft lot single_family.
Is 3803 Franke Rd a flip candidate?
No — 3803 Franke Rd does not appear in our flips dataset.
Is 3803 Franke Rd a tax-appeal candidate?
No — 3803 Franke Rd 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
-3.3%
Implied 1-yr
-13.3%
2026 Q3
$343.4K
2026 Q4
$328.9K
ZIP 49684 — Median Price History + Forecast

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