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1661 Lake Dr

Traverse City, MI 49685

3 bd 3 ba 2,260 sqft Built 1991 Lot 9,148 sqft single_family
Most recent sale
$800,000
Oct 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 21, 2022 Sold $800,000 MLS #1904472
Sep 1, 2022 Listed $775,000 MLS #1904472
Aug 4, 2016 Listed $600,000 MLS #1821106
Sep 15, 2008 Sold $465,000 MLS #1692371
May 12, 2008 Listed $475,000 MLS #1692371
Jan 1, 2008 Sold $475,000 Public Record
Jun 21, 2000 Sold $235,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $220,400 $3,548
2020 $210,500 $5,243

Property facts

Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,260 sqft
Lot size
9,148 sqft
ZIP code
49685
City
Traverse City
Street
Lake Dr
Coordinates
44.71065, -85.68430

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,390
Gross rental yield
5.09%
Implied cap rate
3.31%
Trend-extrapolated value

Frequently asked questions

When did 1661 Lake Dr last sell?
1661 Lake Dr most recently sold on Oct 21, 2022 for $800,000.
What is the current tax assessment for 1661 Lake Dr?
The most recent total assessment for 1661 Lake Dr (year 2021) is $220,400 with $3,548 in property tax.
How does 1661 Lake Dr's assessment compare to its last sale price?
The current assessment is 72.5% below the last sale price of $800,000.
When was 1661 Lake Dr built?
1661 Lake Dr was built in 1991.
How does 1661 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 1661 Lake Dr?
1661 Lake Dr is a 3 bed, 3 bath, 2,260 sqft, 9,148 sqft lot single_family.
Is 1661 Lake Dr a flip candidate?
No — 1661 Lake Dr does not appear in our flips dataset.
Is 1661 Lake Dr a tax-appeal candidate?
No — 1661 Lake 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
+4.4%
Implied 1-yr
+17.5%
2026 Q3
$592.5K
2026 Q4
$592.5K
ZIP 49685 — Median Price History + Forecast

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