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Off market
  • Tax assessed value
    $520,200

    503 W 2nd St, Elk Rapids, MI 49629

    6beds
    5baths
    4,520sqft
    SingleFamily
    Built in 1975
    0.43 Acres Lot
    $-- Zestimate®
    $115/sqft
    $2,385 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,385/mo

    Zestimate® history
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    What's special

    SPRAWLING RANCH HOME in the desirable west side of the Village of Elk Rapids. The possibilities are limitless for this home featuring over 4,500 sq. ft. of living space including a mother-in-law suite. As you begin your tour of this home you will discover 6-8 bedrooms; 5 baths; beautiful family room with fireplace; large eat-in country kitchen with Corian countertops leading to a large Trex deck; lovely four-season sun room; maintenance free Pergo wood floors; central air conditioning; plenty of storage spaces throughout; 2-car garage; garden shed. There are up to three separate living areas all with unique amenities, a fenced area in the yard, handicap access ramps and many updates throughout. Expansive outdoor living and entertaining spaces are a special feature of this home with porches, patios and a deck beautifully situated on a tree lined corner lot. Get ready to take a walk or a bike ride to sandy Grand Traverse Bay beaches, catch a movie at the local historic movie theater, dinner at one of the many Elk Rapids restaurants, tennis and basketball courts are waiting for you to enjoy a game, the park will be a great place for the kids to play, so much to do and all so close! Family neighborhood living at its finest! This home is waiting for your vision to make it your own.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Foyer Entrance, Solid Surface Counters, Solarium/Sun Room, Bay Window(s)
    • Flooring: Carpet, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 4,520 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Lot
    • Size: 0.43 Acres
    Details
    • Parcel number: 054317502300

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1975

    Utilities & green energy

    • Sewer: Private Septic, Municipal

    Community & HOA

    Location
    • Region: Elk Rapids

    Financial & listing details

    • Price per square foot: $115/sqft
    • Tax assessed value: $520,200
    • Annual tax amount: $5,560

    Price history

    DateEventPrice
    9/14/2026Listing removed$699,900$155/sqft
    Source: NGLRMLS #1938794 Report a problem
    9/19/2025Listed for sale$699,900+27.3%$155/sqft
    Source: NGLRMLS #1938794 Report a problem
    12/3/2021Listing removed$549,900$122/sqft
    Source: NGLRMLS #1890223 Report a problem
    7/14/2021Listed for sale$549,900+32.5%$122/sqft
    Source: NGLRMLS #1890223 Report a problem
    10/13/2020Listing removed$415,000$92/sqft
    Source: RE/MAX of Elk Rapids #1864577 Report a problem
    12/6/2019Price change$415,000-7.8%$92/sqft
    Source: RE/MAX Of Elk Rapids #1864577 Report a problem
    10/15/2019Price change$449,900-5.3%$100/sqft
    Source: RE/MAX Of Elk Rapids #1864577 Report a problem
    9/19/2019Price change$474,900-5%$105/sqft
    Source: RE/MAX Of Elk Rapids #1864577 Report a problem
    7/17/2019Listed for sale$499,900+100%$111/sqft
    Source: RE/MAX Of Elk Rapids #1864577 Report a problem
    3/26/2012Listing removed$249,900+2%$55/sqft
    Source: RE/MAX ELK RAPIDS #1720748 Report a problem
    3/21/2012Sold$244,900-2%$54/sqft
    Source: NGLRMLS #1720748 Report a problem
    5/21/2011Listed for sale$249,900$55/sqft
    Source: RE/MAX ELK RAPIDS #1720748 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,560 +5.4%$260,100 +14.7%
    2024$5,275 +5.8%$226,700 +18%
    2023$4,988 $192,100 +5.3%
    2022-- $182,500 +33.9%
    2021-- $136,300 +8.5%
    2020-- $125,600 +1.6%
    2017$4,487 $123,600 +5.4%
    2016-- $117,300
    2015-- $117,300 +21.8%
    2014-- $96,300 -0.1%
    2013-- $96,400 -2%
    2011-- $98,400 -5.7%
    2010-- $104,300
    Find assessor info on the county website

    Neighborhood: 49629

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Elk Rapids Schools

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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