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Off market
  • $387,200

    7434 Terrace Ave, Elk Rapids, MI 49629

    3beds
    1,698sqft
    SingleFamily
    Built in 1920
    0.32 Acres Lot
    $387,200 Zestimate®
    $228/sqft
    $2,168 Estimated rent

    Home value

    $387,200

    $329,000 - $453,000

    $2,168/mo

    Zestimate® history
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    What's special

    Remote Workers Home Office Dream Home with Easy Public Lake Access – Current Remodel being finished, and house can be viewed anyway. 1,405 sq ft (interior living space measured) main & second floors plus 200 sq ft in the basement that is semi-finished of the 800 sq ft in the basement. 3-bedroom, 1 full bathroom, office spaces with lake views, room to expand for added bathrooms in home and/or extension on home with garage on lot. Currently, 2,846 sq ft of “Living Spaces” total! 1/3 Acre Lot well landscaped for year-round low maintenance enjoyment and new blooms as the seasons emerge. Two office spaces with lake views - one on main floor, one upstairs that was used as a 4th bedroom by previous owners, not technically qualifies as a bedroom though. 800 sq ft basement with 25% semi-finished. Room in basement for office, game/hobby room. Lots of storage. 641 sq ft beautiful deck with peek-a-boo views of northern Elk Lake. Two driveways with parking for 5 cars. Two Entryways. Inside fence RV concrete pad for added amenities. Currently houses a 26’ trailer for storage that is available as part of sale or can be removed by current owner. Many new features, (roof, windows, bathroom).

    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: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Radiant, Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,698 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl, Wood, Brick
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 050647503600

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Shake / Shingle
    Condition
    • Year built: 1920

    Community & neighborhood

    Location
    • Region: Elk Rapids

    Price history

    DateEventPrice
    12/15/2025Listing removed$424,000$250/sqft
    Source: NGLRMLS #1932474 Report a problem
    8/11/2025Price change$424,000-2.8%$250/sqft
    Source: NGLRMLS #1932474 Report a problem
    7/15/2025Price change$436,000-2.7%$257/sqft
    Source: NGLRMLS #1932474 Report a problem
    6/17/2025Price change$448,000-4.7%$264/sqft
    Source: NGLRMLS #1932474 Report a problem
    4/15/2025Listed for sale$469,900+4.4%$277/sqft
    Source: NGLRMLS #1932474 Report a problem
    1/13/2025Listing removed$449,900$265/sqft
    Source: NGLRMLS #1927943 Report a problem
    10/8/2024Listed for sale$449,900$265/sqft
    Source: NGLRMLS #1927943 Report a problem
    10/8/2024Listing removed$449,900$265/sqft
    Source: NGLRMLS #1916522 Report a problem
    9/11/2024Price change$449,900-2.2%$265/sqft
    Source: NGLRMLS #1916522 Report a problem
    8/7/2024Price change$459,900-2.1%$271/sqft
    Source: NGLRMLS #1916522 Report a problem
    7/12/2024Price change$469,900-1.1%$277/sqft
    Source: NGLRMLS #1916522 Report a problem
    6/26/2024Price change$474,900-4%$280/sqft
    Source: NGLRMLS #1916522 Report a problem
    10/19/2023Price change$494,900-1.7%$291/sqft
    Source: NGLRMLS #1916522 Report a problem
    10/7/2023Price change$503,500+5.1%$297/sqft
    Source: NGLRMLS #1916522 Report a problem
    9/10/2023Listed for sale$479,000+244.9%$282/sqft
    Source: Owner Report a problem
    8/19/2015Sold$138,900-9.2%$82/sqft
    Source: NGLRMLS #1800177 Report a problem
    6/1/2015Price change$152,900+2%$90/sqft
    Source: CENTURY 21 Northland #1798394 Report a problem
    5/29/2015Price change$149,900-2%$88/sqft
    Source: CENTURY 21 Northland #1798394 Report a problem
    5/5/2015Pending sale$152,900$90/sqft
    Source: CENTURY 21 Northland #1798394 Report a problem
    4/29/2015Listed for sale$152,900$90/sqft
    Source: CENTURY 21 Northland #1798394 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,486 +4.9%$164,600 +15.8%
    2024$1,417 +6.8%$142,100 +31.5%
    2023$1,327 $108,100 +52%
    2022-- $71,100 +15.2%
    2021-- $61,700 -2.2%
    2020-- $63,100 +9.4%
    2017$2,216 $57,700 +5.3%
    2016-- $54,800 +2%
    2015-- $53,700 +7.6%
    2014-- $49,900 +15.5%
    2013-- $43,200 -2%
    2011-- $44,100 -4.8%
    2010-- $46,300

    Find assessor info on the county website

    Neighborhood: 49629

    Nearby schools

    GreatSchools rating
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    $394,944