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12014 Peninsula Dr

Traverse City, MI 49686

3 bd 2 ba 1,256 sqft Built 1985 Lot 18,295 sqft single_family
Most recent sale
$905,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $905,000 MLS #1898381
Apr 10, 2022 Listed $780,000 MLS #1898381
Jul 21, 2021 Sold $650,000 MLS #1888257
Jun 3, 2021 Listed $659,900 MLS #1888257

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $498,000 $10,199
2024 $498,000 $10,010
2023 $267,900 $7,410
2022 $233,900 $6,469
2021 $227,100 $2,311
2020 $194,300 $3,326
2019 $173,300 $3,343

Property facts

Year built
1985
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,256 sqft
Lot size
18,295 sqft
ZIP code
49686
City
Traverse City
Street
Peninsula Dr
Coordinates
44.86308, -85.54680

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,430
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12014 Peninsula Dr last sell?
12014 Peninsula Dr most recently sold on May 16, 2022 for $905,000.
What is the current tax assessment for 12014 Peninsula Dr?
The most recent total assessment for 12014 Peninsula Dr (year 2025) is $498,000 with $10,199 in property tax.
How does 12014 Peninsula Dr's assessment compare to its last sale price?
The current assessment is 45.0% below the last sale price of $905,000.
When was 12014 Peninsula Dr built?
12014 Peninsula Dr was built in 1985.
How does 12014 Peninsula Dr compare to others on Peninsula Dr?
We track 8 other properties on Peninsula Dr. Browse the list under "Other properties on Peninsula Dr" to compare beds, baths, and sale history.
What are the property facts for 12014 Peninsula Dr?
12014 Peninsula Dr is a 3 bed, 2 bath, 1,256 sqft, 18,295 sqft lot single_family.
Is 12014 Peninsula Dr a flip candidate?
Yes — 12014 Peninsula Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12014 Peninsula Dr a tax-appeal candidate?
No — 12014 Peninsula 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
-5.2%
Implied 1-yr
-20.6%
2026 Q3
$392.9K
2026 Q4
$362.5K
ZIP 49686 — Median Price History + Forecast

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