$699,900

503 W 2nd St Elk Rapids, MI 49629

Estimated payment $4,025/month

Total Views 35,919
6 Beds
5 Baths
4,520 Sq Ft
$155 Price per Sq Ft

Highlights

  • Deck
  • Wooded Lot
  • Great Room
  • Elk Rapids High School Rated 9+
  • Corner Lot
  • Mud Room

About This Home

This stunning 6 bed 5 bath residence in Elk Rapids is an extraordinary find. The main home provides abundant space for a large family, while 2 attached apartment units offer ready-made income stream or private housing for extended family. Beautiful corner lot with mature trees, deck and fire pit, perfect for outdoor entertaining. Situated in the heart of Elk Rapids, only blocks away from downtown, Grand Traverse Bay and Elk Lake. Only 10 miles from Traverse City regional airport for easy travel. Don't miss this opportunity for comfortable, versatile living in a quaint, historic, and vibrant community.

Listing Agent

James Garrow

Bayside Real Estate Listed on: 09/19/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1975

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 142x132
  • Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 4,520 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Bay Window
  • Mud Room
  • Great Room
  • Den
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Grip-Accessible Features
  • Accessible Doors
  • Accessible Approach with Ramp
  • Hand Rail

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Water Softener Leased

Community Details

  • Dexter & Noble Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Business Type: Convalescent
  • Community Features: None
  • Fencing: Fenced
  • Horses: No
  • Lot Features: Corner Lot, Wooded, Level, Subdivided
  • Lot Size: 142x132
  • Road Surface Type: Asphalt
  • Has Spa?: No
  • Has View?: No
  • Association Fee Frequency: Annually
  • Co List Office Mls Id: T092136
  • Subdivision Name: Dexter & Noble
  • Above Grade Finished Sq Ft: 4520
  • Accessibility Features: Accessible Doors, Accessible Entrance, Accessible Approach with Ramp, Accessible Full Bath, Grip-Accessible Features, Hand Rails
  • Architectural Style: Other
  • Basement: Crawl Space
  • Has Cooling?: Yes
  • Entry Level: 1
  • Has Fireplace?: Yes
  • Unit Levels: One and One Half
  • Living Area: 4520
  • Is New Construction?: No
  • Property Attached Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1975
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: In-Law Floorplan, Entrance Foyer, Pantry, Solid Surface Counters, Mud Room, Great Room, Den/Study, Ceiling Fan(s), Cable TV, High Speed Internet
  • Number Of Buildings: 2
  • Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Water Softener Rented
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: Gas
  • Flooring: Carpet, Laminate
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 3
  • Stories: 1
  • Window Features: Bay Window(s)

Exterior Features

  • Exterior Features: Sprinkler System, Sidewalk
  • Roof: Asphalt
  • Has Private Pool?: No
  • Waterfront Features: None
  • Waterfront?: No
  • Home Warranty: No
  • Construction Type: Frame, Aluminum Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Garaged Spaces: 2
  • Has Attached Garage?: Yes
  • Has Open Parking?: No
  • Parking Features: Concrete, Attached

Utilities

  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Heating: Forced Air, Baseboard, Fireplace(s), Natural Gas
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: None
  • Pets Allowed: false

Schools

  • Junior High Dist: Elk Rapids Schools

Lot Info

  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 18730.8
  • Zoning Description: Residential

Multi Family

  • Above Grade Finished Area Units: Square Feet

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,732 $260,100 $0 $0
2024 $49 $226,700 $0 $0
2023 $4,712 $198,900 $0 $0
2022 $3,840 $182,500 $0 $0
2021 $3,695 $136,300 $0 $0
2020 $3,560 $125,600 $0 $0
2019 $3,606 $122,600 $0 $0
2018 $4,574 $123,600 $0 $0
2017 $4,487 $122,500 $0 $0
2016 $3,920 $117,300 $0 $0
2015 -- $117,300 $0 $0
2014 -- $96,300 $0 $0
2013 -- $96,400 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2025 09/19/25 For Sale $699,900 +185.8% $155 / Sq Ft
03/21/2012 03/21/12 Sold $244,900 -2.0% $77 / Sq Ft View Prior Sale
03/09/2012 03/09/12 Pending -- -- --
09/29/2010 09/29/10 For Sale $249,900 -- $78 / Sq Ft
Source: Northern Great Lakes REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $244,900 --
Source: Public Records

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1938794

Northern Great Lakes REALTORS® MLS

APN: 05-43-175-023-00