5085 Liberty Dr
Traverse City, MI 49685
3 bd 2 ba 1,456 sqft Built 2021 Lot 19,166 sqft single_family
Most recent sale
$364,000
Aug 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2026 | Listed for rent | $2,950 | AppfolioUnits |
| Jun 1, 2025 | Listed for rent | $2,900 | AppfolioUnits |
| May 17, 2025 | Listed for rent | $3,000 | MichRic |
| Mar 28, 2025 | Listed for rent | $3,000 | MichRic |
| Aug 5, 2022 | Sold | $364,000 | MLS #1900153 |
| Jun 21, 2022 | Price changed | $359,000 | MLS #1900153 |
| Jun 10, 2022 | Price changed | $369,000 | MLS #1900153 |
| May 24, 2022 | Listed | $375,000 | MLS #1900153 |
| Dec 30, 2021 | Sold | $341,900 | MLS #1885905 |
| Apr 8, 2021 | Listed | $341,900 | MLS #1885905 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $40,000 | $330 |
| 2020 | — | — | $25,400 | $404 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,456 sqft
Lot size
19,166 sqft
ZIP code
49685
City
Traverse City
Street
Liberty Dr
Coordinates
44.73342, -85.67917
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
$2,184
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5085 Liberty Dr last sell?
5085 Liberty Dr most recently sold on Aug 5, 2022 for $364,000.
What is the current tax assessment for 5085 Liberty Dr?
The most recent total assessment for 5085 Liberty Dr (year 2021) is $40,000 with $330 in property tax.
How does 5085 Liberty Dr's assessment compare to its last sale price?
The current assessment is 89.0% below the last sale price of $364,000.
When was 5085 Liberty Dr built?
5085 Liberty Dr was built in 2021.
How does 5085 Liberty Dr compare to others on Liberty Dr?
We track 8 other properties on Liberty Dr. Browse the list under "Other properties on Liberty Dr" to compare beds, baths, and sale history.
What are the property facts for 5085 Liberty Dr?
5085 Liberty Dr is a 3 bed, 2 bath, 1,456 sqft, 19,166 sqft lot single_family.
Is 5085 Liberty Dr a flip candidate?
No — 5085 Liberty Dr does not appear in our flips dataset.
Is 5085 Liberty Dr a tax-appeal candidate?
No — 5085 Liberty 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
+4.4%
Implied 1-yr
+17.5%
2026 Q3
$592.5K
2026 Q4
$592.5K
ZIP 49685 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Liberty Dr