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705 State St

Traverse City, MI 49686

3 bd 3 ba 1,250 sqft Built 2009 condos
Most recent sale
$505,000
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $505,000 MLS #1900112
May 24, 2022 Listed $489,900 MLS #1900112

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
2009
Property type
condos
Stories
Beds
3
Baths
3
Living area
1,250 sqft
Lot size
ZIP code
49686
City
Traverse City
Street
State St
Coordinates
44.76318, -85.60925

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
$1,875
Gross rental yield
4.46%
Implied cap rate
2.90%
Trend-extrapolated value

Frequently asked questions

When did 705 State St last sell?
705 State St most recently sold on Jun 27, 2022 for $505,000.
What is the current tax assessment for 705 State St?
No tax-assessment history is recorded for this parcel.
When was 705 State St built?
705 State St was built in 2009.
How does 705 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 705 State St?
705 State St is a 3 bed, 3 bath, 1,250 sqft condos.
Is 705 State St a flip candidate?
No — 705 State St does not appear in our flips dataset.
Is 705 State St a tax-appeal candidate?
No — 705 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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