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5218 Matthew Dr

Traverse City, MI 49684

4 bd 2 ba 2,810 sqft Built 2020 Lot 47,916 sqft single_family
Most recent sale
$532,000
Oct 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Sold $532,000 MLS #1904980
Sep 16, 2022 Listed $530,000 MLS #1904980
Jul 23, 2019 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $165,600 $3,026
2020 $15,000 $664

Property facts

Year built
2020
Property type
single_family
Stories
Beds
4
Baths
2
Living area
2,810 sqft
Lot size
47,916 sqft
ZIP code
49684
City
Traverse City
Street
Matthew Dr
Coordinates
44.76295, -85.77169

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,215
Gross rental yield
9.51%
Implied cap rate
6.18%
Trend-extrapolated value

Frequently asked questions

When did 5218 Matthew Dr last sell?
5218 Matthew Dr most recently sold on Oct 20, 2022 for $532,000.
What is the current tax assessment for 5218 Matthew Dr?
The most recent total assessment for 5218 Matthew Dr (year 2021) is $165,600 with $3,026 in property tax.
How does 5218 Matthew Dr's assessment compare to its last sale price?
The current assessment is 68.9% below the last sale price of $532,000.
When was 5218 Matthew Dr built?
5218 Matthew Dr was built in 2020.
How does 5218 Matthew Dr compare to others on Matthew Dr?
We track 8 other properties on Matthew Dr. Browse the list under "Other properties on Matthew Dr" to compare beds, baths, and sale history.
What are the property facts for 5218 Matthew Dr?
5218 Matthew Dr is a 4 bed, 2 bath, 2,810 sqft, 47,916 sqft lot single_family.
Is 5218 Matthew Dr a flip candidate?
No — 5218 Matthew Dr does not appear in our flips dataset.
Is 5218 Matthew Dr a tax-appeal candidate?
No — 5218 Matthew 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
-3.3%
Implied 1-yr
-13.3%
2026 Q3
$343.4K
2026 Q4
$328.9K
ZIP 49684 — Median Price History + Forecast

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