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1042 State St

Traverse City, MI 49686

3 bd 3 ba 1,972 sqft Built 1896 Lot 8,276 sqft single_family
Most recent sale
$650,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 23, 2022 Sold $650,000 MLS #1902316
Jul 8, 2022 Listed $669,000 MLS #1902316
Jul 26, 2017 Sold $137,200 MLS #1814620
Oct 27, 2016 Price changed $146,900 MLS #1814620
Sep 19, 2016 Price changed $149,900 MLS #1814620
Sep 9, 2016 Price changed $151,900 MLS #1814620
Sep 7, 2016 Price changed $154,900 MLS #1814620
Aug 12, 2016 Price changed $159,900 MLS #1814620
Aug 6, 2016 Price changed $164,900 MLS #1814620
Jul 1, 2016 Price changed $169,900 MLS #1814620
Jun 21, 2016 Price changed $171,900 MLS #1814620
Jun 9, 2016 Price changed $173,900 MLS #1814620
May 31, 2016 Price changed $175,900 MLS #1814620
May 20, 2016 Price changed $177,900 MLS #1814620
Apr 22, 2016 Listed $179,900 MLS #1814620
Jan 1, 2016 Sold $137,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $185,400 $4,825
2020 $92,700 $3,090
2019 $85,600 $2,918

Property facts

Year built
1896
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,972 sqft
Lot size
8,276 sqft
ZIP code
49686
City
Traverse City
Street
State St
Coordinates
44.76284, -85.59567

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
$2,958
Gross rental yield
5.46%
Implied cap rate
3.55%
Trend-extrapolated value

Frequently asked questions

When did 1042 State St last sell?
1042 State St most recently sold on Sep 23, 2022 for $650,000.
What is the current tax assessment for 1042 State St?
The most recent total assessment for 1042 State St (year 2021) is $185,400 with $4,825 in property tax.
How does 1042 State St's assessment compare to its last sale price?
The current assessment is 71.5% below the last sale price of $650,000.
When was 1042 State St built?
1042 State St was built in 1896.
How does 1042 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 1042 State St?
1042 State St is a 3 bed, 3 bath, 1,972 sqft, 8,276 sqft lot single_family.
Is 1042 State St a flip candidate?
No — 1042 State St does not appear in our flips dataset.
Is 1042 State St a tax-appeal candidate?
No — 1042 State 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
-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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