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5033 Village Lane Ct

Traverse City, MI 49685

3 bd 2 ba 1,400 sqft Built 2022 Lot 15,246 sqft single_family
Most recent sale
$402,700
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $402,700 MLS #1885241
Jan 25, 2022 Price changed $402,700 MLS #1885241
Sep 3, 2021 Price changed $394,900 MLS #1885241
May 14, 2021 Price changed $384,900 MLS #1885241
Apr 4, 2021 Price changed $374,900 MLS #1885241
Mar 21, 2021 Listed $369,900 MLS #1885241
Apr 27, 2019 Listing removed $59,900 NGLRMLS
May 31, 2018 Relisted $59,900 MLS #1812333
Mar 1, 2018 Price changed $59,900 MLS #1812333
Nov 20, 2017 Listed $49,900 MLS #1812333
Mar 3, 2016 Listing removed $49,900 NGLRMLS
Dec 5, 2015 Listed $49,900 MLS #1809277
Sep 26, 2015 Listing removed $49,900 NGLRMLS
Aug 24, 2015 Listed $49,900 MLS #1794740
Jul 31, 2012 Listing removed $49,900 NGLRMLS
Apr 19, 2012 Relisted $49,900 MLS #1692362
Feb 22, 2009 Listing removed $49,900 NGLRMLS
May 12, 2008 Listed $49,900 MLS #1692362

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $206,300 $4,455
2024 $206,300 $4,346
2023 $154,200 $4,136
2022 $50,700 $253
2021 $39,600 $245
2020 $24,500 $404
2019 $22,900 $401

Property facts

Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
15,246 sqft
ZIP code
49685
City
Traverse City
Street
Village Lane Ct
Coordinates
44.73410, -85.67653

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
$2,100
Gross rental yield
6.26%
Implied cap rate
4.07%
Trend-extrapolated value

Frequently asked questions

When did 5033 Village Lane Ct last sell?
5033 Village Lane Ct most recently sold on Sep 15, 2022 for $402,700.
What is the current tax assessment for 5033 Village Lane Ct?
The most recent total assessment for 5033 Village Lane Ct (year 2025) is $206,300 with $4,455 in property tax.
How does 5033 Village Lane Ct's assessment compare to its last sale price?
The current assessment is 48.8% below the last sale price of $402,700.
When was 5033 Village Lane Ct built?
5033 Village Lane Ct was built in 2022.
How does 5033 Village Lane Ct compare to others on Village Lane Ct?
We track 8 other properties on Village Lane Ct. Browse the list under "Other properties on Village Lane Ct" to compare beds, baths, and sale history.
What are the property facts for 5033 Village Lane Ct?
5033 Village Lane Ct is a 3 bed, 2 bath, 1,400 sqft, 15,246 sqft lot single_family.
Is 5033 Village Lane Ct a flip candidate?
No — 5033 Village Lane Ct does not appear in our flips dataset.
Is 5033 Village Lane Ct a tax-appeal candidate?
No — 5033 Village Lane Ct 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
+4.4%
Implied 1-yr
+17.5%
2026 Q3
$592.5K
2026 Q4
$592.5K
ZIP 49685 — Median Price History + Forecast

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