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1500 West Silver Lake Rd

Traverse City, MI 49685

5 bd 2 ba 2,252 sqft Built 1920 Lot 33,541 sqft single_family
Most recent sale
$670,000
Nov 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 11, 2022 Sold $670,000 NGLRMLS
Oct 12, 2022 Listed $740,000 NGLRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $209,000 $3,536
2021 $173,300 $3,421
2020 $234,300 $3,392
2019 $273,500 $3,428

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,252 sqft
Lot size
33,541 sqft
ZIP code
49685
City
Traverse City
Street
West Silver Lake Rd
Coordinates
44.70943, -85.69157

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,378
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 1500 West Silver Lake Rd last sell?
1500 West Silver Lake Rd most recently sold on Nov 11, 2022 for $670,000.
What is the current tax assessment for 1500 West Silver Lake Rd?
The most recent total assessment for 1500 West Silver Lake Rd (year 2022) is $209,000 with $3,536 in property tax.
How does 1500 West Silver Lake Rd's assessment compare to its last sale price?
The current assessment is 68.8% below the last sale price of $670,000.
When was 1500 West Silver Lake Rd built?
1500 West Silver Lake Rd was built in 1920.
How does 1500 West Silver Lake Rd compare to others on West Silver Lake Rd?
We track 8 other properties on West Silver Lake Rd. Browse the list under "Other properties on West Silver Lake Rd" to compare beds, baths, and sale history.
What are the property facts for 1500 West Silver Lake Rd?
1500 West Silver Lake Rd is a 5 bed, 2 bath, 2,252 sqft, 33,541 sqft lot single_family.
Is 1500 West Silver Lake Rd a flip candidate?
No — 1500 West Silver Lake Rd does not appear in our flips dataset.
Is 1500 West Silver Lake Rd a tax-appeal candidate?
No — 1500 West Silver Lake Rd 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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