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5741 Hilltop Way

Traverse City, MI 49690

2 bd 2 ba 1,040 sqft Built 1981 condos
Most recent sale
$243,000
Jul 19, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2025 Price changed for rent $1,700 AppfolioUnits
Aug 27, 2025 Listed for rent $1,900 AppfolioUnits
Nov 20, 2024 Listed for rent $1,325 AppfolioUnits
Sep 23, 2022 Listed $299,000 MLS #1905234
Jul 19, 2021 Sold $243,000 MLS #1889705
Jul 1, 2021 Listed $249,900 MLS #1889705
Jul 26, 2017 Sold $120,000 MLS #1817223
Oct 10, 2016 Listed $124,500 MLS #1817223
Feb 9, 2016 Listing removed $129,000 NGLRMLS
Jan 14, 2016 Price changed $129,000 MLS #1785133
Jan 1, 2016 Sold $120,000 Public Record
Jan 18, 2015 Relisted $124,900 MLS #1785133
Dec 25, 2014 Listing removed $129,000 NGLRMLS
Jun 1, 2014 Listed $129,000 MLS #1785133
Feb 21, 2014 Listing removed $112,000 NGLRMLS
Aug 27, 2013 Listed $112,000 MLS #1775477
Jun 30, 2003 Sold $151,900 Public Record
Jan 1, 2001 Sold $46,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $75,200 $2,348
2020 $72,500 $2,844

Property facts

Year built
1981
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,040 sqft
Lot size
ZIP code
49690
City
Traverse City
Street
Hilltop Way
Coordinates
44.77377, -85.48587

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,560
Gross rental yield
7.70%
Implied cap rate
5.01%
Trend-extrapolated value

Frequently asked questions

When did 5741 Hilltop Way last sell?
5741 Hilltop Way most recently sold on Jul 19, 2021 for $243,000.
What is the current tax assessment for 5741 Hilltop Way?
The most recent total assessment for 5741 Hilltop Way (year 2021) is $75,200 with $2,348 in property tax.
How does 5741 Hilltop Way's assessment compare to its last sale price?
The current assessment is 69.1% below the last sale price of $243,000.
When was 5741 Hilltop Way built?
5741 Hilltop Way was built in 1981.
How does 5741 Hilltop Way compare to others on Hilltop Way?
We do not currently track other properties on Hilltop Way.
What are the property facts for 5741 Hilltop Way?
5741 Hilltop Way is a 2 bed, 2 bath, 1,040 sqft condos.
Is 5741 Hilltop Way a flip candidate?
No — 5741 Hilltop Way does not appear in our flips dataset.
Is 5741 Hilltop Way a tax-appeal candidate?
No — 5741 Hilltop Way 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
+3.7%
Implied 1-yr
+14.8%
2026 Q3
$608.1K
2026 Q4
$626.3K
ZIP 49690 — Median Price History + Forecast

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