116 Oak St
Traverse City, MI 49684
6 bd 3 ba 3,344 sqft Built 1905 Lot 9,017 sqft single_family
Most recent sale
$1,075,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 15, 2024 | Sold | $1,195,000 | Public Record |
| May 2, 2022 | Sold | $1,075,000 | Public Record |
| Mar 1, 2022 | Listed | $1,250,000 | MLS #1897203 |
| Jun 22, 2018 | Sold | $522,700 | Public Record |
| Jan 1, 2018 | Sold | $522,700 | Public Record |
| Sep 1, 2000 | Sold | $214,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $516,200 | $19,232 |
| 2024 | — | — | $516,200 | $15,420 |
| 2023 | — | — | $391,900 | $14,340 |
| 2022 | — | — | $347,700 | $11,997 |
| 2021 | — | — | $324,600 | $10,421 |
| 2020 | — | — | $319,000 | $11,643 |
| 2019 | — | — | $271,100 | $10,268 |
| 2006 | — | — | $142,720 | $3,792 |
Property facts
Year built
1905
Property type
single_family
Stories
3
Beds
6
Baths
3
Living area
3,344 sqft
Lot size
9,017 sqft
ZIP code
49684
City
Traverse City
Street
Oak St
Coordinates
44.76466, -85.63026
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
$5,016
Gross rental yield
5.60%
Implied cap rate
3.64%
Trend-extrapolated value
—
Frequently asked questions
When did 116 Oak St last sell?
116 Oak St most recently sold on May 2, 2022 for $1,075,000.
What is the current tax assessment for 116 Oak St?
The most recent total assessment for 116 Oak St (year 2025) is $516,200 with $19,232 in property tax.
How does 116 Oak St's assessment compare to its last sale price?
The current assessment is 52.0% below the last sale price of $1,075,000.
When was 116 Oak St built?
116 Oak St was built in 1905.
How does 116 Oak St compare to others on Oak St?
We track 8 other properties on Oak St. Browse the list under "Other properties on Oak St" to compare beds, baths, and sale history.
What are the property facts for 116 Oak St?
116 Oak St is a 6 bed, 3 bath, 3,344 sqft, 9,017 sqft lot single_family.
Is 116 Oak St a flip candidate?
No — 116 Oak St does not appear in our flips dataset.
Is 116 Oak St a tax-appeal candidate?
No — 116 Oak St 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 Oak St