505 Riverine Dr
Traverse City, MI 49684
3 bd 2 ba 1,356 sqft Built 1990 condos
Most recent sale
$199,000
Nov 11, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 10, 2023 | Sold | $455,000 | Public Record |
| Jan 3, 2023 | Price changed | $494,900 | NGLRMLS |
| Nov 29, 2022 | Price changed | $499,999 | NGLRMLS |
| Oct 31, 2022 | Price changed | $509,900 | NGLRMLS |
| Oct 17, 2022 | Price changed | $519,900 | MLS #1904863 |
| Oct 7, 2022 | Price changed | $529,900 | MLS #1904863 |
| Sep 26, 2022 | Price changed | $549,900 | MLS #1904863 |
| Sep 13, 2022 | Listed | $599,900 | MLS #1904863 |
| Nov 11, 2021 | Sold | $199,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $123,300 | $5,742 |
| 2020 | — | — | $119,000 | $6,134 |
Property facts
Year built
1990
Property type
condos
Stories
—
Beds
3
Baths
2
Living area
1,356 sqft
Lot size
—
ZIP code
49684
City
Traverse City
Street
Riverine Dr
Coordinates
44.75914, -85.61680
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,034
Gross rental yield
12.27%
Implied cap rate
7.97%
Trend-extrapolated value
—
Frequently asked questions
When did 505 Riverine Dr last sell?
505 Riverine Dr most recently sold on Nov 11, 2021 for $199,000.
What is the current tax assessment for 505 Riverine Dr?
The most recent total assessment for 505 Riverine Dr (year 2021) is $123,300 with $5,742 in property tax.
How does 505 Riverine Dr's assessment compare to its last sale price?
The current assessment is 38.0% below the last sale price of $199,000.
When was 505 Riverine Dr built?
505 Riverine Dr was built in 1990.
How does 505 Riverine Dr compare to others on Riverine Dr?
We track 8 other properties on Riverine Dr. Browse the list under "Other properties on Riverine Dr" to compare beds, baths, and sale history.
What are the property facts for 505 Riverine Dr?
505 Riverine Dr is a 3 bed, 2 bath, 1,356 sqft condos.
Is 505 Riverine Dr a flip candidate?
Yes — 505 Riverine Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 Riverine Dr a tax-appeal candidate?
No — 505 Riverine Dr 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 Riverine Dr