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1216 Peninsula Dr

Traverse City, MI 49686

6 bd 5 ba 2,564 sqft Built 1929 Lot 111,949 sqft single_family
Most recent sale
$520,000
Dec 2, 2020

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2024 Sold $760,000 NGLRMLS
Mar 16, 2024 Listed $799,000 NGLRMLS
Mar 14, 2024 Listed $799,000 NGLRMLS
Jun 1, 2023 Price changed $780,000 NGLRMLS
Apr 4, 2023 Listed $799,000 NGLRMLS
Jul 7, 2022 Price changed $799,999 MLS #1899195
May 2, 2022 Listed $850,000 MLS #1899195
Sep 17, 2021 Price changed $999,999 MLS #1890566
Jul 21, 2021 Listed $1,100,000 MLS #1890566
Dec 2, 2020 Sold $520,000 MLS #1879415
Sep 2, 2020 Listed $499,900 MLS #1879415
Apr 24, 2020 Sold $380,000 Public Record
Nov 26, 1997 Sold $220,000 MLS #126075
Oct 8, 1997 Listed $250,000 MLS #126075

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $256,800 $13,100
2020 $238,300 $9,287
2019 $220,200 $9,209

Property facts

Year built
1929
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
2,564 sqft
Lot size
111,949 sqft
ZIP code
49686
City
Traverse City
Street
Peninsula Dr
Coordinates
44.76805, -85.59183

Comparable properties nearby

Block-level micro-comps

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

Frequently asked questions

When did 1216 Peninsula Dr last sell?
1216 Peninsula Dr most recently sold on Dec 2, 2020 for $520,000.
What is the current tax assessment for 1216 Peninsula Dr?
The most recent total assessment for 1216 Peninsula Dr (year 2021) is $256,800 with $13,100 in property tax.
How does 1216 Peninsula Dr's assessment compare to its last sale price?
The current assessment is 50.6% below the last sale price of $520,000.
When was 1216 Peninsula Dr built?
1216 Peninsula Dr was built in 1929.
How does 1216 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 1216 Peninsula Dr?
1216 Peninsula Dr is a 6 bed, 5 bath, 2,564 sqft, 111,949 sqft lot single_family.
Is 1216 Peninsula Dr a flip candidate?
Yes — 1216 Peninsula Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1216 Peninsula Dr a tax-appeal candidate?
No — 1216 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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