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131 Sixteenth St

Traverse City, MI 49684

3 bd 2 ba 1,780 sqft Built 1991 Lot 8,276 sqft single_family
Most recent sale
$250,000
Jul 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 17, 2025 Sold $595,000 NGLRMLS
Jun 9, 2025 Listed $599,900 NGLRMLS
Mar 30, 2023 Sold $261,000 Public Record
Jul 21, 2022 Sold $250,000 MLS #1902023
Jul 1, 2022 Listed $239,000 MLS #1902023

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $131,400 $3,710
2020 $122,200 $3,973
2019 $119,500 $3,939

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,780 sqft
Lot size
8,276 sqft
ZIP code
49684
City
Traverse City
Street
Sixteenth St
Coordinates
44.74961, -85.62190

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,670
Gross rental yield
12.82%
Implied cap rate
8.33%
Trend-extrapolated value

Frequently asked questions

When did 131 Sixteenth St last sell?
131 Sixteenth St most recently sold on Jul 21, 2022 for $250,000.
What is the current tax assessment for 131 Sixteenth St?
The most recent total assessment for 131 Sixteenth St (year 2021) is $131,400 with $3,710 in property tax.
How does 131 Sixteenth St's assessment compare to its last sale price?
The current assessment is 47.4% below the last sale price of $250,000.
When was 131 Sixteenth St built?
131 Sixteenth St was built in 1991.
How does 131 Sixteenth St compare to others on Sixteenth St?
We track 8 other properties on Sixteenth St. Browse the list under "Other properties on Sixteenth St" to compare beds, baths, and sale history.
What are the property facts for 131 Sixteenth St?
131 Sixteenth St is a 3 bed, 2 bath, 1,780 sqft, 8,276 sqft lot single_family.
Is 131 Sixteenth St a flip candidate?
No — 131 Sixteenth St does not appear in our flips dataset.
Is 131 Sixteenth St a tax-appeal candidate?
No — 131 Sixteenth St 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
-3.3%
Implied 1-yr
-13.3%
2026 Q3
$343.4K
2026 Q4
$328.9K
ZIP 49684 — Median Price History + Forecast

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