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580 Rachel Ln

Traverse City, MI 49685

3 bd 2 ba 1,218 sqft Built 2012 Lot 29,185 sqft single_family
Most recent sale
$315,000
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $315,000 MLS #1904360
Aug 30, 2022 Listed $325,000 MLS #1904360
May 5, 2016 Sold $170,000 MLS #1800282
Mar 3, 2016 Relisted $170,000 MLS #1800282
Jan 1, 2016 Sold $170,000 Public Record
Nov 12, 2015 Price changed $170,000 MLS #1800282
Aug 31, 2015 Relisted $174,900 MLS #1800282
Jun 11, 2015 Listed $174,900 MLS #1800282
Aug 27, 2014 Listed $175,000 MLS #1789532
Jan 1, 2013 Sold $144,000 Public Record
Aug 12, 2011 Listed $29,900 MLS #1729619
Dec 6, 2010 Price changed $29,900 MLS #1647063
Oct 23, 2010 Relisted $34,900 MLS #1647063
Apr 22, 2005 Listed $34,900 MLS #1647063

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $94,100 $1,469
2020 $87,300 $2,130
2019 $82,900 $2,141

Property facts

Year built
2012
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,218 sqft
Lot size
29,185 sqft
ZIP code
49685
City
Traverse City
Street
Rachel Ln
Coordinates
44.67860, -85.64468

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,827
Gross rental yield
6.96%
Implied cap rate
4.52%
Trend-extrapolated value

Frequently asked questions

When did 580 Rachel Ln last sell?
580 Rachel Ln most recently sold on Oct 5, 2022 for $315,000.
What is the current tax assessment for 580 Rachel Ln?
The most recent total assessment for 580 Rachel Ln (year 2021) is $94,100 with $1,469 in property tax.
How does 580 Rachel Ln's assessment compare to its last sale price?
The current assessment is 70.1% below the last sale price of $315,000.
When was 580 Rachel Ln built?
580 Rachel Ln was built in 2012.
How does 580 Rachel Ln compare to others on Rachel Ln?
We track 4 other properties on Rachel Ln. Browse the list under "Other properties on Rachel Ln" to compare beds, baths, and sale history.
What are the property facts for 580 Rachel Ln?
580 Rachel Ln is a 3 bed, 2 bath, 1,218 sqft, 29,185 sqft lot single_family.
Is 580 Rachel Ln a flip candidate?
No — 580 Rachel Ln does not appear in our flips dataset.
Is 580 Rachel Ln a tax-appeal candidate?
No — 580 Rachel Ln 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
+4.4%
Implied 1-yr
+17.5%
2026 Q3
$592.5K
2026 Q4
$592.5K
ZIP 49685 — Median Price History + Forecast

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