982 Lake Ridge Dr
Traverse City, MI 49684
3 bd 3 ba 1,454 sqft Built 2016 townhomes
Most recent sale
$575,000
Aug 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 20, 2025 | Sold | $575,000 | NGLRMLS |
| Jun 19, 2025 | Listed | $589,900 | NGLRMLS |
| Aug 10, 2022 | Sold | $575,000 | MLS #1900272 |
| Jun 20, 2022 | Price changed | $599,000 | MLS #1900272 |
| May 26, 2022 | Listed | $619,000 | MLS #1900272 |
| Oct 17, 2019 | Relisted | $345,000 | MLS #1865899 |
| Sep 30, 2019 | Sold | $345,100 | MLS #1865899 |
| Aug 14, 2019 | Sold | $340,000 | Public Record |
| Aug 13, 2019 | Listed | $345,000 | MLS #1865899 |
| Aug 13, 2019 | Sold | $340,000 | MLS #1863555 |
| Sep 8, 2016 | Sold | $265,550 | MLS #1808674 |
| May 4, 2016 | Listed | $259,900 | MLS #1808674 |
| Jan 1, 2016 | Sold | $265,550 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $156,000 | $5,091 |
| 2020 | — | — | $152,500 | $5,688 |
Property facts
Year built
2016
Property type
townhomes
Stories
—
Beds
3
Baths
3
Living area
1,454 sqft
Lot size
—
ZIP code
49684
City
Traverse City
Street
Lake Ridge Dr
Coordinates
44.75310, -85.61685
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
$2,181
Gross rental yield
4.55%
Implied cap rate
2.96%
Trend-extrapolated value
—
Frequently asked questions
When did 982 Lake Ridge Dr last sell?
982 Lake Ridge Dr most recently sold on Aug 10, 2022 for $575,000.
What is the current tax assessment for 982 Lake Ridge Dr?
The most recent total assessment for 982 Lake Ridge Dr (year 2021) is $156,000 with $5,091 in property tax.
How does 982 Lake Ridge Dr's assessment compare to its last sale price?
The current assessment is 72.9% below the last sale price of $575,000.
When was 982 Lake Ridge Dr built?
982 Lake Ridge Dr was built in 2016.
How does 982 Lake Ridge Dr compare to others on Lake Ridge Dr?
We track 8 other properties on Lake Ridge Dr. Browse the list under "Other properties on Lake Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 982 Lake Ridge Dr?
982 Lake Ridge Dr is a 3 bed, 3 bath, 1,454 sqft townhomes.
Is 982 Lake Ridge Dr a flip candidate?
No — 982 Lake Ridge Dr does not appear in our flips dataset.
Is 982 Lake Ridge Dr a tax-appeal candidate?
No — 982 Lake Ridge Dr 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 Ridge Dr