1039 Schmidt Way
Traverse City, MI 49696
5 bd 4 ba 3,780 sqft Built 2002 Lot 37,026 sqft single_family
Most recent sale
$477,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2022 | Sold | $477,000 | MLS #1900497 |
| Jun 16, 2022 | Price changed | $499,000 | MLS #1900497 |
| Jun 1, 2022 | Listed | $550,000 | MLS #1900497 |
| Oct 13, 2016 | Listing removed | $1,750 | NGLRMLS |
| Sep 27, 2016 | Price changed for rent | $1,750 | NGLRMLS |
| Sep 18, 2016 | Listed for rent | $2,000 | NGLRMLS |
| Sep 15, 2016 | Price changed | $329,000 | MLS #1814456 |
| Aug 13, 2016 | Price changed | $338,000 | MLS #1814456 |
| May 31, 2016 | Price changed | $345,000 | MLS #1814456 |
| Apr 18, 2016 | Listed | $350,000 | MLS #1814456 |
| May 24, 2013 | Listing removed | $2,200 | NGLRMLS |
| Apr 12, 2013 | Listed for rent | $2,200 | NGLRMLS |
| Jun 3, 2009 | Listing removed | $340,000 | NGLRMLS |
| Oct 11, 2008 | Listed | $340,000 | MLS #1697746 |
| May 26, 2005 | Sold | $305,000 | Public Record |
| Jan 1, 2005 | Sold | $305,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $198,900 | $5,643 |
| 2020 | — | — | $208,300 | $6,808 |
Property facts
Year built
2002
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,780 sqft
Lot size
37,026 sqft
ZIP code
49696
City
Traverse City
Street
Schmidt Way
Coordinates
44.70117, -85.56388
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,670
Gross rental yield
14.26%
Implied cap rate
9.27%
Trend-extrapolated value
—
Frequently asked questions
When did 1039 Schmidt Way last sell?
1039 Schmidt Way most recently sold on Aug 17, 2022 for $477,000.
What is the current tax assessment for 1039 Schmidt Way?
The most recent total assessment for 1039 Schmidt Way (year 2021) is $198,900 with $5,643 in property tax.
How does 1039 Schmidt Way's assessment compare to its last sale price?
The current assessment is 58.3% below the last sale price of $477,000.
When was 1039 Schmidt Way built?
1039 Schmidt Way was built in 2002.
How does 1039 Schmidt Way compare to others on Schmidt Way?
We track 2 other properties on Schmidt Way. Browse the list under "Other properties on Schmidt Way" to compare beds, baths, and sale history.
What are the property facts for 1039 Schmidt Way?
1039 Schmidt Way is a 5 bed, 4 bath, 3,780 sqft, 37,026 sqft lot single_family.
Is 1039 Schmidt Way a flip candidate?
No — 1039 Schmidt Way does not appear in our flips dataset.
Is 1039 Schmidt Way a tax-appeal candidate?
No — 1039 Schmidt Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.2%
Implied 1-yr
+16.7%
2026 Q3
$552.7K
2026 Q4
$570.8K
ZIP 49696 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Schmidt Way