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Off market
  • $774,800

    585 Madeira Dr, Traverse City, MI 49686

    4beds
    2,816sqft
    SingleFamily
    Built in 2019
    0.37 Acres Lot
    $774,800 Zestimate®
    $275/sqft
    $4,821 Estimated rent

    Home value

    $774,800

    $736,000 - $814,000

    $4,821/mo

    Zestimate® history
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    $4,608/mo

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    $4,608/mo

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    What's special

    This beautiful, newly constructed, energy efficient, custom home in the desirable VERNDALE at East Bay neighborhood on the south side of Traverse City features 2819 square feet of finished living space, with main-floor living in a bright and airy open floor plan. This home includes 4 bedrooms and 3 1/2 bathrooms, with the master bedroom featuring a spacious en-suite bath with walk-in shower and a large walk-in closet. The modern, island kitchen has stainless steel appliances, quartz counter tops, plenty of cabinet space and a pantry. The large, main-floor living room features 10' ceilings, a gas fireplace and easy access to a 10' x 26' TREX deck. The lower-level offers a family fun room with an abundance of natural light and features a wet bar with built in fridge and drink station, a 4th bedroom with a full bath, and >500 square feet of storage space which could be finished at a later date as a gym or entertainment room. Built-in shelving and other custom features are found throughout this beautiful home. A finished, 3-car attached garage provides plenty of room for your vehicles and other toys. The home has central air conditioning and an irrigation system to keep your yard green throughout the summer. Located just 15 minutes from downtown Traverse City, the home is conveniently located off Hammond Rd and very close to highly-rated Traverse City Area Public Schools (TCAPS). The neighborhood abuts the popular Elmbrook Golf Course and is conveniently situated for shopping and access to other services.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Appliances
    • Included: Dishwasher, Freezer, Microwave, Range / Oven, Refrigerator
    Features
    • Wet Bar
    Interior area
    • Total interior livable area: 2,816 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Other, Stone, Wood
    Lot
    • Size: 0.37 Acres
    Details
    • Parcel number: 0376106400

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 2019

    Utilities & green energy

    • Sewer: Municipal

    Community & HOA

    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $275/sqft
    • Tax assessed value: $623,000
    • Annual tax amount: $8,170

    Price history

    DateEventPrice
    6/4/2025Listing removed--
    Source: Owner Report a problem
    4/14/2023Sold$695,000-4.1%$247/sqft
    Source: NGLRMLS #1908503 Report a problem
    3/27/2023Pending sale$725,000$257/sqft
    Source: NGLRMLS #1908503 Report a problem
    2/18/2023Listed for sale$725,000+38.1%$257/sqft
    Source: NGLRMLS #1908503 Report a problem
    1/10/2020Sold$525,000-6.1%$186/sqft
    Source: Agent Provided Report a problem
    8/5/2019Listing removed$559,000$199/sqft
    Source: REOZOM REAL ESTATE SERVICES #1862191 Report a problem
    5/15/2019Listed for sale$559,000$199/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,170 +32.9%$311,500 +2.7%
    2024$6,149 +5%$303,200 +18%
    2023$5,856 +3.6%$257,000 +8.3%
    2022$5,652 0%$237,400 +11.6%
    2021$5,654 +114.7%$212,800 -0.4%
    2020$2,633 $213,700 +265.9%
    2019$2,633 +322.1%$58,400 +167.9%
    2018$624 $21,800
    2017-- $21,800
    2016-- $21,800 -3.1%
    2014-- $22,500 +50%
    2010-- $15,000 -31.4%
    2009-- $21,850
    2008-- $21,850 +91.7%
    2007-- $11,400
    2005-- $11,400
    Find assessor info on the county website

    Neighborhood: 49686

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cherry Knoll Elementary School
    • Middle: Traverse City East Middle School
    • High: Traverse City 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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    Sell for more on Zillow
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    $774,800
    2% more
    +$15,496
    With Zillow Showcase(estimated)
    $790,296