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10731 Timberlee Dr

Traverse City, MI 49684

3 bd 2 ba 1,250 sqft Built 1972 townhomes
Most recent sale
$240,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $240,000 MLS #1904829
Sep 12, 2022 Listed $245,000 MLS #1904829
May 18, 2020 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $62,700 $2,115
2020 $58,400 $1,168

Property facts

Year built
1972
Property type
townhomes
Stories
Beds
3
Baths
2
Living area
1,250 sqft
Lot size
ZIP code
49684
City
Traverse City
Street
Timberlee Dr
Coordinates
44.82802, -85.70076

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
9.38%
Implied cap rate
6.09%
Trend-extrapolated value

Frequently asked questions

When did 10731 Timberlee Dr last sell?
10731 Timberlee Dr most recently sold on Sep 28, 2022 for $240,000.
What is the current tax assessment for 10731 Timberlee Dr?
The most recent total assessment for 10731 Timberlee Dr (year 2021) is $62,700 with $2,115 in property tax.
How does 10731 Timberlee Dr's assessment compare to its last sale price?
The current assessment is 73.9% below the last sale price of $240,000.
When was 10731 Timberlee Dr built?
10731 Timberlee Dr was built in 1972.
How does 10731 Timberlee Dr compare to others on Timberlee Dr?
We track 8 other properties on Timberlee Dr. Browse the list under "Other properties on Timberlee Dr" to compare beds, baths, and sale history.
What are the property facts for 10731 Timberlee Dr?
10731 Timberlee Dr is a 3 bed, 2 bath, 1,250 sqft townhomes.
Is 10731 Timberlee Dr a flip candidate?
No — 10731 Timberlee Dr does not appear in our flips dataset.
Is 10731 Timberlee Dr a tax-appeal candidate?
No — 10731 Timberlee 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
-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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