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2935 Sherwood Dr

Traverse City, MI 49686

5 bd 3 ba 2,650 sqft Built 1975 Lot 16,988 sqft single_family
Most recent sale
$415,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 6, 2025 Sold $445,000 NGLRMLS
May 3, 2025 Relisted $475,000 NGLRMLS
Apr 30, 2025 Sold $445,000 Public Record
Apr 4, 2025 Price changed $475,000 NGLRMLS
Jan 14, 2025 Price changed $489,000 NGLRMLS
Oct 13, 2024 Listed $495,000 NGLRMLS
May 26, 2022 Sold $415,000 MLS #1898246
Apr 6, 2022 Listed $399,000 MLS #1898246
Nov 30, 2020 Sold $321,400 Public Record
Apr 26, 1999 Sold $149,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $163,200 $4,075
2024 $163,200 $3,979
2023 $139,200 $3,777
2022 $129,200 $3,350
2021 $119,500 $2,214
2020 $119,900 $2,368
2019 $116,900 $2,364

Property facts

Year built
1975
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,650 sqft
Lot size
16,988 sqft
ZIP code
49686
City
Traverse City
Street
Sherwood Dr
Coordinates
44.74607, -85.51752

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,975
Gross rental yield
11.49%
Implied cap rate
7.47%
Trend-extrapolated value

Frequently asked questions

When did 2935 Sherwood Dr last sell?
2935 Sherwood Dr most recently sold on May 26, 2022 for $415,000.
What is the current tax assessment for 2935 Sherwood Dr?
The most recent total assessment for 2935 Sherwood Dr (year 2025) is $163,200 with $4,075 in property tax.
How does 2935 Sherwood Dr's assessment compare to its last sale price?
The current assessment is 60.7% below the last sale price of $415,000.
When was 2935 Sherwood Dr built?
2935 Sherwood Dr was built in 1975.
How does 2935 Sherwood Dr compare to others on Sherwood Dr?
We track 3 other properties on Sherwood Dr. Browse the list under "Other properties on Sherwood Dr" to compare beds, baths, and sale history.
What are the property facts for 2935 Sherwood Dr?
2935 Sherwood Dr is a 5 bed, 3 bath, 2,650 sqft, 16,988 sqft lot single_family.
Is 2935 Sherwood Dr a flip candidate?
Yes — 2935 Sherwood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2935 Sherwood Dr a tax-appeal candidate?
No — 2935 Sherwood 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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