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515 Georgetown Dr

Traverse City, MI 49684

2 bd 2 ba 917 sqft Built 1985 condos
Most recent sale
$187,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $187,000 MLS #1902683
Jul 18, 2022 Listed $175,000 MLS #1902683
Aug 14, 2019 Sold $143,000 MLS #1863715
Aug 18, 2017 Sold $118,000 MLS #1833606
Jun 17, 2017 Listed $118,000 MLS #1833606
Jan 1, 2017 Sold $118,000 Public Record
Nov 18, 1996 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $66,200 $2,036
2020 $61,000 $2,275
2019 $57,400 $2,871

Property facts

Year built
1985
Property type
condos
Stories
Beds
2
Baths
2
Living area
917 sqft
Lot size
ZIP code
49684
City
Traverse City
Street
Georgetown Dr
Coordinates
44.74874, -85.63140

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
$1,376
Gross rental yield
8.83%
Implied cap rate
5.74%
Trend-extrapolated value

Frequently asked questions

When did 515 Georgetown Dr last sell?
515 Georgetown Dr most recently sold on Aug 5, 2022 for $187,000.
What is the current tax assessment for 515 Georgetown Dr?
The most recent total assessment for 515 Georgetown Dr (year 2021) is $66,200 with $2,036 in property tax.
How does 515 Georgetown Dr's assessment compare to its last sale price?
The current assessment is 64.6% below the last sale price of $187,000.
When was 515 Georgetown Dr built?
515 Georgetown Dr was built in 1985.
How does 515 Georgetown Dr compare to others on Georgetown Dr?
We track 8 other properties on Georgetown Dr. Browse the list under "Other properties on Georgetown Dr" to compare beds, baths, and sale history.
What are the property facts for 515 Georgetown Dr?
515 Georgetown Dr is a 2 bed, 2 bath, 917 sqft condos.
Is 515 Georgetown Dr a flip candidate?
No — 515 Georgetown Dr does not appear in our flips dataset.
Is 515 Georgetown Dr a tax-appeal candidate?
No — 515 Georgetown Dr 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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