5273 Gray Rd
Traverse City, MI 49684
2 bd 1 ba 889 sqft Built 1996 condos
Most recent sale
$201,000
Jun 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 7, 2022 | Sold | $201,000 | MLS #1898769 |
| Apr 21, 2022 | Listed | $189,900 | MLS #1898769 |
| Jul 26, 2017 | Sold | $95,000 | MLS #1777669 |
| May 30, 2014 | Sold | $95,000 | Public Record |
| May 5, 2014 | Listed | $99,000 | MLS #1777669 |
| Jan 1, 2014 | Sold | $95,000 | Public Record |
| Dec 11, 2012 | Listing removed | $101,000 | NGLRMLS |
| Oct 9, 2012 | Price changed | $101,000 | MLS #1736939 |
| Jun 11, 2012 | Listed | $104,000 | MLS #1736939 |
| Aug 18, 2009 | Sold | $91,500 | MLS #1705715 |
| Jun 22, 2009 | Listed | $93,000 | MLS #1705715 |
| Sep 28, 2006 | Sold | $107,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $113,600 | $2,484 |
| 2024 | — | — | $113,600 | $2,426 |
| 2023 | — | — | $89,500 | $2,302 |
| 2022 | — | — | $81,800 | $2,285 |
| 2021 | — | — | $72,000 | $1,850 |
| 2020 | — | — | $63,000 | $2,199 |
| 2019 | — | — | $61,300 | $2,092 |
Property facts
Year built
1996
Property type
condos
Stories
—
Beds
2
Baths
1
Living area
889 sqft
Lot size
—
ZIP code
49684
City
Traverse City
Street
Gray Rd
Coordinates
44.76355, -85.69508
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
$1,334
Gross rental yield
7.96%
Implied cap rate
5.18%
Trend-extrapolated value
—
Frequently asked questions
When did 5273 Gray Rd last sell?
5273 Gray Rd most recently sold on Jun 7, 2022 for $201,000.
What is the current tax assessment for 5273 Gray Rd?
The most recent total assessment for 5273 Gray Rd (year 2025) is $113,600 with $2,484 in property tax.
How does 5273 Gray Rd's assessment compare to its last sale price?
The current assessment is 43.5% below the last sale price of $201,000.
When was 5273 Gray Rd built?
5273 Gray Rd was built in 1996.
How does 5273 Gray Rd compare to others on Gray Rd?
We track 8 other properties on Gray Rd. Browse the list under "Other properties on Gray Rd" to compare beds, baths, and sale history.
What are the property facts for 5273 Gray Rd?
5273 Gray Rd is a 2 bed, 1 bath, 889 sqft condos.
Is 5273 Gray Rd a flip candidate?
No — 5273 Gray Rd does not appear in our flips dataset.
Is 5273 Gray Rd a tax-appeal candidate?
No — 5273 Gray Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.3%
Implied 1-yr
-13.3%
2026 Q3
$343.4K
2026 Q4
$328.9K
ZIP 49684 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Gray Rd