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7485 Traverse City Hwy

Traverse City, MI 49684

3 bd 1 ba 924 sqft Built 2004 Lot 46,174 sqft single_family
Most recent sale
$275,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $275,000 MLS #1898044
Mar 31, 2022 Listed $300,000 MLS #1898044
Aug 26, 2014 Sold $120,000 MLS #1783655
Jul 22, 2014 Price changed $124,999 MLS #1783655
May 10, 2014 Listed $129,900 MLS #1783655
Jul 13, 2009 Listed $114,900 MLS #1706541
Apr 13, 2006 Sold $126,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $135,800 $2,894
2023 $82,000 $3,181
2022 $74,700 $1,253
2021 $68,900 $910
2020 $62,700 $1,186
2019 $61,100 $1,153

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
924 sqft
Lot size
46,174 sqft
ZIP code
49684
City
Traverse City
Street
Traverse City Hwy
Coordinates
44.77564, -85.70579

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,386
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 7485 Traverse City Hwy last sell?
7485 Traverse City Hwy most recently sold on May 27, 2022 for $275,000.
What is the current tax assessment for 7485 Traverse City Hwy?
The most recent total assessment for 7485 Traverse City Hwy (year 2024) is $135,800 with $2,894 in property tax.
How does 7485 Traverse City Hwy's assessment compare to its last sale price?
The current assessment is 50.6% below the last sale price of $275,000.
When was 7485 Traverse City Hwy built?
7485 Traverse City Hwy was built in 2004.
How does 7485 Traverse City Hwy compare to others on Traverse City Hwy?
We do not currently track other properties on Traverse City Hwy.
What are the property facts for 7485 Traverse City Hwy?
7485 Traverse City Hwy is a 3 bed, 1 bath, 924 sqft, 46,174 sqft lot single_family.
Is 7485 Traverse City Hwy a flip candidate?
No — 7485 Traverse City Hwy does not appear in our flips dataset.
Is 7485 Traverse City Hwy a tax-appeal candidate?
No — 7485 Traverse City Hwy 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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