NOT LISTED FOR SALE

503 Lake 5 Dr Traverse City, MI 49696

Estimated Value: $599,000 - $814,000

3 Beds
2 Baths
1,368 Sq Ft
$515/Sq Ft Est. Value

About This Home

This home is located at 503 Lake 5 Dr, Traverse City, MI 49696 and is currently estimated at $704,547, approximately $515 per square foot. 503 Lake 5 Dr is a home located in Grand Traverse County with nearby schools including Courtade Elementary School, East Middle School, and Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2005
Current Estimated Value
$704,547

Purchase Details

Closed on
Jul 3, 1995

Purchase Details

Closed on
Sep 29, 1989
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
-- -- --
-- $150,500 --
-- $26,000 --
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,886 $360,800 $0 $0
2024 $2,616 $331,000 $0 $0
2023 $2,503 $232,700 $0 $0
2022 $3,485 $215,800 $0 $0
2021 $3,364 $232,700 $0 $0
2020 $3,305 $207,100 $0 $0
2019 $3,321 $189,300 $0 $0
2018 $3,241 $181,500 $0 $0
2017 -- $177,700 $0 $0
2016 -- $169,000 $0 $0
2014 -- $151,800 $0 $0
2012 -- $144,130 $0 $0
Source: Public Records

Map

Michigan Grand Traverse County Traverse City 49696

503 Lake 5 Dr, Traverse City, MI

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