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1199 Terrace Bluff Dr

Traverse City, MI 49686

2 bd 2 ba 1,751 sqft Built 2003 condos
Most recent sale
$380,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $380,000 MLS #1901387
Jun 20, 2022 Listed $395,000 MLS #1901387
Jan 1, 2018 Sold $200,000 Public Record
Oct 9, 2006 Sold $186,000 Public Record
Sep 11, 2003 Sold $22,395 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $126,800 $2,769
2020 $115,600 $3,391

Property facts

Year built
2003
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,751 sqft
Lot size
ZIP code
49686
City
Traverse City
Street
Terrace Bluff Dr
Coordinates
44.73179, -85.59972

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,627
Gross rental yield
8.30%
Implied cap rate
5.39%
Trend-extrapolated value

Frequently asked questions

When did 1199 Terrace Bluff Dr last sell?
1199 Terrace Bluff Dr most recently sold on Jul 28, 2022 for $380,000.
What is the current tax assessment for 1199 Terrace Bluff Dr?
The most recent total assessment for 1199 Terrace Bluff Dr (year 2021) is $126,800 with $2,769 in property tax.
How does 1199 Terrace Bluff Dr's assessment compare to its last sale price?
The current assessment is 66.6% below the last sale price of $380,000.
When was 1199 Terrace Bluff Dr built?
1199 Terrace Bluff Dr was built in 2003.
How does 1199 Terrace Bluff Dr compare to others on Terrace Bluff Dr?
We track 8 other properties on Terrace Bluff Dr. Browse the list under "Other properties on Terrace Bluff Dr" to compare beds, baths, and sale history.
What are the property facts for 1199 Terrace Bluff Dr?
1199 Terrace Bluff Dr is a 2 bed, 2 bath, 1,751 sqft condos.
Is 1199 Terrace Bluff Dr a flip candidate?
No — 1199 Terrace Bluff Dr does not appear in our flips dataset.
Is 1199 Terrace Bluff Dr a tax-appeal candidate?
No — 1199 Terrace Bluff 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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