701 Reads Run
Traverse City, MI 49685
3 bd 3 ba 1,560 sqft Built 1994 Lot 42,689 sqft single_family
Most recent sale
$545,000
Apr 28, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 26, 2024 | Sold | $545,000 | Public Record |
| Apr 28, 2023 | Listing removed | — | NGLRMLS |
| Apr 28, 2023 | Sold | $545,000 | Public Record |
| Apr 20, 2023 | Listed | $485,000 | NGLRMLS |
| Sep 12, 2022 | Listing removed | — | NorthernMI |
| Sep 9, 2022 | Listing removed | — | NGLRMLS |
| Aug 10, 2022 | Price changed | $475,000 | NorthernMI |
| Jun 12, 2022 | Listed | $500,000 | NorthernMI |
| Jun 11, 2022 | Listed | $500,000 | NGLRMLS |
| Mar 26, 2004 | Sold | $182,000 | Public Record |
| Jan 1, 2004 | Sold | $182,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | — | — | $136,500 | $2,980 |
| 2021 | — | — | $116,900 | $2,640 |
| 2020 | — | — | $105,700 | $2,397 |
| 2019 | — | — | $101,400 | $2,230 |
Property facts
Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,560 sqft
Lot size
42,689 sqft
ZIP code
49685
City
Traverse City
Street
Reads Run
Coordinates
44.69718, -85.77185
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,340
Gross rental yield
5.15%
Implied cap rate
3.35%
Trend-extrapolated value
—
Frequently asked questions
When did 701 Reads Run last sell?
701 Reads Run most recently sold on Apr 28, 2023 for $545,000.
What is the current tax assessment for 701 Reads Run?
The most recent total assessment for 701 Reads Run (year 2022) is $136,500 with $2,980 in property tax.
How does 701 Reads Run's assessment compare to its last sale price?
The current assessment is 75.0% below the last sale price of $545,000.
When was 701 Reads Run built?
701 Reads Run was built in 1994.
How does 701 Reads Run compare to others on Reads Run?
We track 8 other properties on Reads Run. Browse the list under "Other properties on Reads Run" to compare beds, baths, and sale history.
What are the property facts for 701 Reads Run?
701 Reads Run is a 3 bed, 3 bath, 1,560 sqft, 42,689 sqft lot single_family.
Is 701 Reads Run a flip candidate?
No — 701 Reads Run does not appear in our flips dataset.
Is 701 Reads Run a tax-appeal candidate?
No — 701 Reads Run 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 Reads Run