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Off market
  • $547,600

    539 Terrace Dr, Traverse City, MI 49686

    4beds
    2baths
    2,642sqft
    SingleFamily
    Built in 1958
    0.39 Acres Lot
    $547,600 Zestimate®
    $207/sqft
    $4,553 Estimated rent

    Home value

    $547,600

    $487,000 - $619,000

    $4,553/mo

    Zestimate® history
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    What's special

    Great Investment Opportunity! Large updated beautiful ranch home, in very desirable neighborhood walking distance to East Bay Beach, and an easy ride to town on bikes! 4 bedrooms, 2.5 baths, this home is 2,641 finished sq. ft. (2,081 sq. ft. finished up, and 560 sq. ft. finished down). Large private master suite, spacious closets, private back porch access. Fenced in back yard, raised garden beds, mature trees provide lots of shade and privacy to your landscaped yard, large back deck as well as a patio for BBQ's to entertain friends and family. Large Anderson slider doors, sunken living room, gas fireplace, tile in kitchen. Air conditioning, new roof in 2012, heated/insulated workshop off garage, wet bar in basement. Meets 1,000 ft setback requirement for legal Traverse City Tourist Home (Bed & Breakfast) for Traverse City zoning ordinances, for owner occupied short-term vacation rental.

    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: 4
    • Bathrooms: 2.5
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Island Kitchen, Foyer Entrance, Mud Room, Pantry, Drywall, Den/Study, Workshop
    • Flooring: Carpet, Concrete
    • Basement: Basement (not specified)
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,642 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 5153403650

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Crawl/Raised
    • Roof: Asphalt
    Condition
    • Year built: 1958

    Utilities & green energy

    • Sewer: Municipal

    Community & HOA

    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $207/sqft
    • Tax assessed value: $467,200
    • Annual tax amount: $6,099

    Price history

    DateEventPrice
    5/21/2021Sold$337,000+2.2%$128/sqft
    Source: NGLRMLS #1884871 Report a problem
    4/18/2021Contingent$329,900$125/sqft
    Source: NGLRMLS #1884871 Report a problem
    4/12/2021Listed for sale$329,900$125/sqft
    Source: NGLRMLS #1884871 Report a problem
    3/16/2021Contingent$329,900$125/sqft
    Source: NGLRMLS #1884871 Report a problem
    3/11/2021Listed for sale$329,900+35.2%$125/sqft
    Source: NGLRMLS #1884871 Report a problem
    7/31/2018Sold$244,000-5.9%$92/sqft
    Source: NGLRMLS #1845091 Report a problem
    6/5/2018Price change$259,200-5.4%$98/sqft
    Source: RE/MAX Bayshore #1845091 Report a problem
    5/8/2018Price change$274,000-5.2%$104/sqft
    Source: RE/MAX Bayshore #1845091 Report a problem
    5/1/2018Price change$289,000-3.3%$109/sqft
    Source: RE/MAX Bayshore #1845091 Report a problem
    4/19/2018Listed for sale$299,000+67.8%$113/sqft
    Source: RE/MAX Bayshore #1845091 Report a problem
    12/14/2009Sold$178,190$67/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,099 +7.5%$233,600 +18.5%
    2024$5,672 +2.2%$197,200 +27.2%
    2023$5,552 +17.9%$155,000 +2.4%
    2022$4,708 +1%$151,300 +8.5%
    2021$4,664 +0.3%$139,500 +0.3%
    2020$4,648 $139,100 +13.4%
    2019$4,648 -10.3%$122,700 +0.2%
    2018$5,182 $122,400 -5.6%
    2017-- $129,600 +12.5%
    2016-- $115,200 +22.3%
    2014-- $94,200 +11.3%
    2012-- $84,600 -4.7%
    2011-- $88,800 -2.4%
    2010-- $91,000 -6.7%
    2009-- $97,500 -4.8%
    2008-- $102,460 +0.6%
    2007-- $101,870
    2005-- $101,870
    2004-- $101,870 +4.5%
    2003-- $97,510 +5.1%
    2002-- $92,750 +26.5%
    2001-- $73,310 -6.3%
    2000-- $78,210
    Find assessor info on the county website

    Neighborhood: 49686

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Traverse Heights Elementary Scho
    • Middle: Traverse City East Middle School
    • High: Central High School
    • District: Traverse City Area Public School

    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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    $547,600
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    With Zillow Showcase(estimated)
    $558,552