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Off market
    • Zillow Home logoZestimate®
    $495,800

    518 Island View Dr, Traverse City, MI 49696

    2beds
    1baths
    1,044sqft
    SingleFamily
    Built in 1961
    0.4 Acres Lot
    $495,800 Zestimate®
    $475/sqft
    $2,261 Estimated rent

    Home value

    $495,800

    $446,000 - $555,000

    $2,261/mo

    Zestimate® history
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    $3,240/mo

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    $3,240/mo

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    What's special

    LAKESIDE LIVING! Charming 2 BR, 1 BA year-around home with 100 of sandy frontage on "all sports" Island Lake. The home has beautiful views of the lake from most rooms; the level waterfront lot walks right out to the lake. One-level living, many upgrades, natural fireplace, lakeside patio, large 2-car garage with workshop & much more. Fish, swim, sail or ski...you can do it all on this pristine lake only 12 miles from Traverse City near many acres of State Land, hiking, biking & cross country trails.

    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: 2
    • Bathrooms: 1
    Heating
    • Baseboard
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,044 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other, Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.4 Acres
    Details
    • Parcel number: 1339000300

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1961

    Community & HOA

    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $475/sqft
    • Tax assessed value: $480,400
    • Annual tax amount: $2,153

    Price history

    DateEventPrice
    10/18/2013Sold$197,500-1.2%$189/sqft
    Source: NGLRMLS #1743864 Report a problem
    8/18/2013Price change$199,900-4.8%$191/sqft
    Source: Woods & Water Real Estate, Inc. #1743864 Report a problem
    7/2/2013Price change$210,000-2.3%$201/sqft
    Source: Woods & Water Real Estate, Inc. #1743864 Report a problem
    6/14/2013Price change$215,000-4.4%$206/sqft
    Source: Woods & Water Real Estate, Inc. #1743864 Report a problem
    2/22/2013Listed for sale$225,000$216/sqft
    Source: Woods & Water Real Estate Report a problem
    12/7/2012Listing removed$225,000$216/sqft
    Source: Woods & Water Real Estate, Inc. #1739576 Report a problem
    9/18/2012Listed for sale$225,000$216/sqft
    Source: Woods & Water Real Estate, Inc. #1739576 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,153 +5%$240,200 +33.1%
    2024$2,050 +7.2%$180,500 +22.5%
    2023$1,912 +2.7%$147,400 +36.1%
    2022$1,862 +8.1%$108,300 +7.2%
    2021$1,723 -5.7%$101,000 +1.6%
    2020$1,827 $99,400 +5.3%
    2019$1,827 +1.9%$94,400 -1%
    2018$1,793 $95,400 +1.4%
    2017-- $94,100 +6.6%
    2016-- $88,300 +26%
    2014-- $70,100 -8.7%
    2012-- $76,800 -1.4%
    2011-- $77,900 -7.9%
    2010-- $84,600 -5.3%
    2009-- $89,300 -1%
    2008-- $90,200 +9.3%
    2007-- $82,490 +3.7%
    2005-- $79,570 +6.4%
    2004-- $74,780 +10.4%
    2003-- $67,720 +12%
    2002-- $60,480 +6.4%
    2001-- $56,840 +15.3%
    2000-- $49,310
    Find assessor info on the county website

    Neighborhood: 49696

    Nearby homes

    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.

    Sell for more on Zillow
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    $495,800
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    With Zillow Showcase(estimated)
    $505,716
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $495,800
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    +$9,916
    With Zillow Showcase(estimated)
    $505,716

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