724 State St
Traverse City, MI 49686
3 bd 3 ba 1,727 sqft Built 1895 Lot 4,792 sqft single_family
Most recent sale
$760,000
May 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 18, 2022 | Sold | $760,000 | MLS #1898776 |
| Apr 21, 2022 | Listed | $649,900 | MLS #1898776 |
| Aug 22, 2018 | Sold | $465,000 | MLS #1839623 |
| Jul 23, 2018 | Relisted | $479,000 | MLS #1839623 |
| Jun 20, 2018 | Listing removed | $495,000 | NGLRMLS |
| Jun 15, 2018 | Relisted | $495,000 | MLS #1839623 |
| Apr 16, 2018 | Listing removed | $510,000 | NGLRMLS |
| Apr 13, 2018 | Price changed | $510,000 | MLS #1839623 |
| Jan 1, 2018 | Sold | $465,000 | Public Record |
| Oct 19, 2017 | Listed | $525,000 | MLS #1839623 |
| Sep 20, 2013 | Sold | $160,000 | Public Record |
| Jan 1, 2013 | Sold | $160,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $267,900 | $9,486 |
| 2024 | — | — | $267,900 | $9,254 |
| 2023 | — | — | $235,200 | $8,606 |
| 2022 | — | — | $216,600 | $7,617 |
| 2021 | — | — | $206,100 | $6,616 |
| 2020 | — | — | $198,200 | $7,392 |
| 2019 | — | — | $199,300 | $7,548 |
| 2006 | — | — | $72,040 | $1,356 |
Property facts
Year built
1895
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,727 sqft
Lot size
4,792 sqft
ZIP code
49686
City
Traverse City
Street
State St
Coordinates
44.76265, -85.60716
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,591
Gross rental yield
4.09%
Implied cap rate
2.66%
Trend-extrapolated value
—
Frequently asked questions
When did 724 State St last sell?
724 State St most recently sold on May 18, 2022 for $760,000.
What is the current tax assessment for 724 State St?
The most recent total assessment for 724 State St (year 2025) is $267,900 with $9,486 in property tax.
How does 724 State St's assessment compare to its last sale price?
The current assessment is 64.8% below the last sale price of $760,000.
When was 724 State St built?
724 State St was built in 1895.
How does 724 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 724 State St?
724 State St is a 3 bed, 3 bath, 1,727 sqft, 4,792 sqft lot single_family.
Is 724 State St a flip candidate?
No — 724 State St does not appear in our flips dataset.
Is 724 State St a tax-appeal candidate?
No — 724 State St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.2%
Implied 1-yr
-20.6%
2026 Q3
$392.9K
2026 Q4
$362.5K
ZIP 49686 — Median Price History + Forecast
Explore nearby
Geography
Other properties on State St