Off market jun 1998 for $395K
$2,380,267
Est. refi paymentEst. refi $2,656/mo
6
bd
•
5 ba
•
6,248
sq ft

547 Lakewood Rd, Traverse City, MI 49685

map-entry

About this home

547 Lakewood Rd is a 6,248 square foot house on a 1.04 acre lot with 6 bedrooms and 5 bathrooms. - it last sold on June 22, 1998 for $395,000. Based on Redfin's Traverse City data, we estimate the home's value is $2,380,267.
Single-familyProperty Type
1974Year Built
1.04 acresLot Size
$381Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$2,380,267
$2.0M since sold in June 1998$68K since October

This home's estimate is 240% higher than the average sale price ($700K) of 6 comparable homes.

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Earn from this home

Refinance
$0
Est. cash available

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Rent
$3,711/mo
Redfin rental estimate

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Market trends in 49685, MI

Sale history for 547 Lakewood Rd

Tax history for 547 Lakewood Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Permits

Mar 17, 2025 • Final
Building (residential) - accessory structure

Construct a new detached accessory building.

ADU

Sep 11, 2024 • Final
Electrical (residential)

Construct a new pole barn with electrical service and wiring for lights and circuits.

Electrical

New construction

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Around this home

Schools

Westwoods Elementary School

Public PreK-5 • Assigned • 1.2mi

8/10
West Middle School

Public 6-8 • Assigned • 6.0mi

8/10
West Senior High

Public 9-12 • Assigned • 4.9mi

8/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

1/10 Heat Factor

7 days above 93° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Traverse City, MI • 49685
Average low and high temperatures (°F)
26
15
31
16
43
26
55
34
64
43
77
56
81
62
77
57
72
52
62
43
45
33
31
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 9.5 hours in June and 2.4 hours in December, placing it below the U.S. average for solar exposure.

9.5 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.26M – $2.74M

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GreatSchools Ratings provided by GreatSchools.org.