4225 Traverse Hwy
Traverse City, MI 49684
3 bd 2 ba 2,116 sqft Built 1960 Lot 243,500 sqft single_family
Most recent sale
$405,000
Aug 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 11, 2022 | Sold | $405,000 | MLS #1899724 |
| Jun 29, 2022 | Price changed | $429,900 | MLS #1899724 |
| Jun 20, 2022 | Price changed | $434,900 | MLS #1899724 |
| Jun 8, 2022 | Price changed | $439,900 | MLS #1899724 |
| May 13, 2022 | Listed | $449,900 | MLS #1899724 |
| Jan 21, 2022 | Sold | $840,000 | MLS #1894945 |
| Nov 12, 2021 | Listed | $900,000 | MLS #1894945 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2021 | — | — | $138,300 | $502 |
| 2020 | — | — | $138,300 | $1,058 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,116 sqft
Lot size
243,500 sqft
ZIP code
49684
City
Traverse City
Street
Traverse Hwy
Coordinates
44.78515, -85.76801
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,174
Gross rental yield
9.40%
Implied cap rate
6.11%
Trend-extrapolated value
—
Frequently asked questions
When did 4225 Traverse Hwy last sell?
4225 Traverse Hwy most recently sold on Aug 11, 2022 for $405,000.
What is the current tax assessment for 4225 Traverse Hwy?
The most recent total assessment for 4225 Traverse Hwy (year 2021) is $138,300 with $502 in property tax.
How does 4225 Traverse Hwy's assessment compare to its last sale price?
The current assessment is 65.9% below the last sale price of $405,000.
When was 4225 Traverse Hwy built?
4225 Traverse Hwy was built in 1960.
How does 4225 Traverse Hwy compare to others on Traverse Hwy?
We track 8 other properties on Traverse Hwy. Browse the list under "Other properties on Traverse Hwy" to compare beds, baths, and sale history.
What are the property facts for 4225 Traverse Hwy?
4225 Traverse Hwy is a 3 bed, 2 bath, 2,116 sqft, 243,500 sqft lot single_family.
Is 4225 Traverse Hwy a flip candidate?
No — 4225 Traverse Hwy does not appear in our flips dataset.
Is 4225 Traverse Hwy a tax-appeal candidate?
No — 4225 Traverse Hwy is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.3%
Implied 1-yr
-13.3%
2026 Q3
$343.4K
2026 Q4
$328.9K
ZIP 49684 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Traverse Hwy