715 Lake Ave
Traverse City, MI 49684
2 bd 2 ba 910 sqft Built 2001 townhomes
Most recent sale
$330,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $330,000 | MLS #1898026 |
| Mar 31, 2022 | Listed | $299,900 | MLS #1898026 |
| May 1, 2020 | Sold | $218,500 | Public Record |
| Aug 26, 2004 | Sold | $101,850 | Public Record |
| Jan 1, 2004 | Sold | $101,850 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $173,800 | $5,751 |
| 2024 | — | — | $173,800 | $5,611 |
| 2023 | — | — | $142,600 | $5,218 |
| 2022 | — | — | $117,200 | $3,771 |
| 2021 | — | — | $99,500 | $3,276 |
| 2020 | — | — | $96,800 | $2,436 |
| 2019 | — | — | $96,900 | $2,428 |
| 2006 | — | — | $65,000 | $2,555 |
Property facts
Year built
2001
Property type
townhomes
Stories
—
Beds
2
Baths
2
Living area
910 sqft
Lot size
—
ZIP code
49684
City
Traverse City
Street
Lake Ave
Coordinates
44.75594, -85.61703
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
$1,365
Gross rental yield
4.96%
Implied cap rate
3.23%
Trend-extrapolated value
—
Frequently asked questions
When did 715 Lake Ave last sell?
715 Lake Ave most recently sold on May 2, 2022 for $330,000.
What is the current tax assessment for 715 Lake Ave?
The most recent total assessment for 715 Lake Ave (year 2025) is $173,800 with $5,751 in property tax.
How does 715 Lake Ave's assessment compare to its last sale price?
The current assessment is 47.3% below the last sale price of $330,000.
When was 715 Lake Ave built?
715 Lake Ave was built in 2001.
How does 715 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 715 Lake Ave?
715 Lake Ave is a 2 bed, 2 bath, 910 sqft townhomes.
Is 715 Lake Ave a flip candidate?
No — 715 Lake Ave does not appear in our flips dataset.
Is 715 Lake Ave a tax-appeal candidate?
No — 715 Lake Ave 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 Lake Ave