1847 US Highway 31
Traverse City, MI 49686
3 bd 3 ba 2,096 sqft Built 2007 condos
Most recent sale
$990,000
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $990,000 | MLS #1898522 |
| Apr 13, 2022 | Listed | $989,000 | MLS #1898522 |
| Dec 9, 2021 | Listed | $989,000 | MLS #1895529 |
| Jul 26, 2017 | Sold | $555,000 | MLS #1800003 |
| Jul 1, 2016 | Sold | $555,000 | Public Record |
| May 26, 2016 | Price changed | $579,000 | MLS #1800003 |
| Jan 1, 2016 | Sold | $555,000 | Public Record |
| May 23, 2015 | Listed | $585,000 | MLS #1800003 |
| Apr 21, 2015 | Listing removed | $599,000 | NGLRMLS |
| Apr 22, 2014 | Listed | $599,000 | MLS #1733018 |
| Jan 20, 2012 | Listing removed | $599,000 | NGLRMLS |
| Jan 3, 2011 | Listed | $599,000 | MLS #1722696 |
| Jan 1, 2011 | Listing removed | $599,000 | NGLRMLS |
| Dec 15, 2009 | Price changed | $599,000 | MLS #1699791 |
| Jan 8, 2009 | Listed | $649,000 | MLS #1699791 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $551,700 | $18,629 |
| 2024 | — | — | $551,700 | $18,131 |
| 2023 | — | — | $384,200 | $17,150 |
| 2022 | — | — | $315,400 | $8,752 |
| 2021 | — | — | $189,800 | $6,898 |
| 2020 | — | — | $291,100 | $12,249 |
| 2019 | — | — | $270,400 | $12,192 |
Property facts
Year built
2007
Property type
condos
Stories
—
Beds
3
Baths
3
Living area
2,096 sqft
Lot size
—
ZIP code
49686
City
Traverse City
Street
US Highway 31
Coordinates
44.74636, -85.53913
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
$3,144
Gross rental yield
3.81%
Implied cap rate
2.48%
Trend-extrapolated value
—
Frequently asked questions
When did 1847 US Highway 31 last sell?
1847 US Highway 31 most recently sold on May 23, 2022 for $990,000.
What is the current tax assessment for 1847 US Highway 31?
The most recent total assessment for 1847 US Highway 31 (year 2025) is $551,700 with $18,629 in property tax.
How does 1847 US Highway 31's assessment compare to its last sale price?
The current assessment is 44.3% below the last sale price of $990,000.
When was 1847 US Highway 31 built?
1847 US Highway 31 was built in 2007.
How does 1847 US Highway 31 compare to others on US Highway 31?
We track 8 other properties on US Highway 31. Browse the list under "Other properties on US Highway 31" to compare beds, baths, and sale history.
What are the property facts for 1847 US Highway 31?
1847 US Highway 31 is a 3 bed, 3 bath, 2,096 sqft condos.
Is 1847 US Highway 31 a flip candidate?
No — 1847 US Highway 31 does not appear in our flips dataset.
Is 1847 US Highway 31 a tax-appeal candidate?
No — 1847 US Highway 31 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 US Highway 31