540 Oak Ridge Dr
Traverse City, MI 49685
4 bd 2 ba 1,992 sqft Built 1987 Lot 17,424 sqft single_family
Most recent sale
$320,000
Sep 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 28, 2022 | Sold | $320,000 | MLS #1903770 |
| Aug 12, 2022 | Listed | $335,000 | MLS #1903770 |
| Jul 26, 2017 | Sold | $118,000 | MLS #1726756 |
| May 17, 2011 | Listed | $121,214 | MLS #1726756 |
| Dec 10, 1998 | Sold | $129,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $103,900 | $1,407 |
| 2020 | — | — | $97,200 | $1,977 |
Property facts
Year built
1987
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,992 sqft
Lot size
17,424 sqft
ZIP code
49685
City
Traverse City
Street
Oak Ridge Dr
Coordinates
44.69508, -85.72071
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,988
Gross rental yield
11.21%
Implied cap rate
7.28%
Trend-extrapolated value
—
Frequently asked questions
When did 540 Oak Ridge Dr last sell?
540 Oak Ridge Dr most recently sold on Sep 28, 2022 for $320,000.
What is the current tax assessment for 540 Oak Ridge Dr?
The most recent total assessment for 540 Oak Ridge Dr (year 2021) is $103,900 with $1,407 in property tax.
How does 540 Oak Ridge Dr's assessment compare to its last sale price?
The current assessment is 67.5% below the last sale price of $320,000.
When was 540 Oak Ridge Dr built?
540 Oak Ridge Dr was built in 1987.
How does 540 Oak Ridge Dr compare to others on Oak Ridge Dr?
We track 8 other properties on Oak Ridge Dr. Browse the list under "Other properties on Oak Ridge Dr" to compare beds, baths, and sale history.
What are the property facts for 540 Oak Ridge Dr?
540 Oak Ridge Dr is a 4 bed, 2 bath, 1,992 sqft, 17,424 sqft lot single_family.
Is 540 Oak Ridge Dr a flip candidate?
No — 540 Oak Ridge Dr does not appear in our flips dataset.
Is 540 Oak Ridge Dr a tax-appeal candidate?
No — 540 Oak 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
+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 Oak Ridge Dr