$515,000
Original price: $545,000
4 Beds
2 Baths
1,990 sqft (on 1.23 acres)
406 E 3rd St, Elk Rapids, MI 49629
We estimate this home will sell faster than 85% nearby.
Home Highlights
Single-Family Home
Built in 1968
1.23 acre lot
$259/sqft
Garage
Local Information
- Map ViewExplore the area around 406 E 3rd St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
What's unique:Separate family room
Great opportunity in Elk Rapids! This 4-bedroom, 2-bath ranch home sits on a spacious 1+ acre lot, offering privacy, room to roam, and plenty of potential. The home features an open kitchen and dining area, a comfortable living room, and a separate family room—providing flexible space for everyday living and entertaining. The property needs some TLC, but the possibilities are exciting. Step outside to the back deck overlooking the beautifully private yard, a perfect setting for relaxing, entertaining, or enjoying the peaceful surroundings. Two detached 2-car garages provide an abundance of parking, storage, and workspace options. Conveniently located near local schools and Elk Lake public access, this property offers the opportunity to create your ideal Northern Michigan home while enjoying all that the Elk Rapids area has to offer. Bring your vision and make this property your own!
Last check for updates: about 18 hours ago
Listing courtesy of Kellie Sergent, (231) 499-1814
Century 21 Northland-Elk Rapids, Cell: 231-499-1814
Source: NGLRMLS, MLS#1951367
Also Listed on NGLRMLS, Realcomp II.
We estimate this home will sell faster than 85% nearby.
Home Details for 406 E 3rd St
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Interior Details Basement: Partial,DaylightNumber of Rooms: 9Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Master Bathroom, Dining Room, Family Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2 |
Dimensions and Layout Living Area: 1990 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Gas Water HeaterDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Hot Water,Baseboard,Natural Gas,Fireplace(s)Air Conditioning: ZonedHas HeatingHeating Fuel: Hot Water |
Fireplace & Spa Has a FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: BlindsFlooring: Carpet, Laminate |
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: Grip-Accessible FeaturesFloors: Carpet, Laminate |
View Has a ViewView: Countryside View |
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Exterior Home Features Roof: AsphaltPatio / Porch: Deck, PorchOther Structures: Second GarageExterior: Rain GuttersFoundation: Poured ConcreteNo Private Pool |
Parking & Garage Number of Garage Spaces: 2No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Detached,Paved,Concrete Floors,Asphalt |
Frontage Waterfront: NoneResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1990 Square Feet |
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Cumulative Days on Market: 16Days on Market: 21 |
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Year Built Year Built: 1968 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Frame, Vinyl SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Condition: FixerParcel Number: 054302105910 |
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Price List Price: $515,000Price Per Sqft: $259 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: Elk RapidsCommunity: Village of Elk Rapids |
School Information Elementary School: Lakeland Elementary SchoolElementary School District: Elk Rapids SchoolsJr High / Middle School: Cherryland Middle SchoolJr High / Middle School District: Elk Rapids SchoolsHigh School: Elk Rapids High SchoolHigh School District: Elk Rapids Schools |
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Listing Agent Listing ID: 1951367 |
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Building Area Building Area: 1990 Square Feet |
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Community Features: None |
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HOA Fee Includes: None |
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Lot Area: 1.23 Acres |
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Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash |
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BasementMls Number: 1951367Attribution Contact: Cell: 231-499-1814Above Grade Unfinished Area: 1990 |
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None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 20, 2026 Source: NGLRMLS #1951367 | PriceChange | $515,000 Price decreased by 6% |
Oct 7, 2026 Source: NGLRMLS #1951367 | Listed For Sale | $545,000 |
Jun 8, 2017 Source: NGLRMLS #1831185 | Sold | $243,000 |
Apr 28, 2017 Source: Agent Provided | Listed For Sale | $245,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,568 | $438,800 |
Home facts updated by county records
Around this home
What Locals Say about Elk Rapids
This October
Trick-or-Treat Score
Built from what locals say about this neighborhood.- 86% say there's holiday spirit
- 56% say there are community events
- 54% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 7 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say yards are well-kept
86 % Say there's holiday spirit
85 % Say it's dog friendly
82 % Say people would walk alone at night
75 % Say it's quiet
75 % Say they plan to stay for at least 5 years
67 % Say car is needed
64 % Say kids play outside
56 % Say there are community events
55 % Say it's walkable to restaurants
54 % Say neighbors are friendly
50 % Say it's walkable to grocery stores
50 % Say there's wildlife
46 % Say streets are well-lit
21 % Say there are sidewalks
Sourced by Trulia users. Learn more about our methodology.
Market trends in Elk Rapids
Last updated September 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
15
4MoM
Sourced by Trulia Market Trends
Home Value
Trulia Estimate
$479KSince last month
Decreased$43K (-8.3%)Since last year
Decreased$43K (-8.2%)Since last sale
Increased$236K (+96.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +126% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| October 2026 | $479K |
| September 2026 | $522K |
| August 2026 | $531K |
| July 2026 | $544K |
| June 2026 | $541K |
| May 2026 | $539K |
| April 2026 | $530K |
| March 2026 | $514K |
| February 2026 | $499K |
| January 2026 | $495K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.32 | Single-Family Home | $350,000 | 08/24/26 | 4 | 2 | 1,784 | |
0.31 | Single-Family Home | $280,000 | 01/02/26 | 3 | 3 | 1,540 | |
0.33 | Single-Family Home | $327,000 | 01/29/26 | 4 | 1 | 1,193 | |
0.68 | Single-Family Home | $233,900 | 06/15/26 | 3 | 1.5 | 1,211 | |
0.36 | Single-Family Home | $289,000 | 06/02/26 | 2 | 1 | 1,100 | |
0.78 | Single-Family Home | $570,000 | 10/09/26 | 4 | 2 | 2,010 | |
0.98 | Single-Family Home | $360,000 | 01/09/26 | 2 | 2 | 1,592 | |
0.68 | Single-Family Home | $265,000 | 06/30/26 | 2 | 2 | 1,004 | |
0.83 | Single-Family Home | $570,000 | 10/13/26 | 4 | 2 | 2,360 | |
0.82 | Single-Family Home | $540,000 | 06/24/26 | 3 | 1.5 | 1,644 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $663,500 | 3 | 2 | 1,700 | Off Market | |
0.03 | $167,300 | 3 | 2 | 1,352 | Off Market | |
0.04 | $308,800 | Studio | - | - | Off Market | |
0.04 | $335,700 | Studio | - | - | Off Market | |
0.04 | $307,100 | Studio | - | - | Off Market | |
0.04 | - | - | - | - | Off Market | |
0.05 | $309,000 | Studio | - | - | Off Market | |
0.06 | $366,500 | Studio | - | - | Off Market | |
0.06 | - | - | - | - | Off Market | |
0.06 | $354,200 | 2 | 1 | 1,320 | Off Market | |
0.06 | $735,200 | 5 | 3.5 | 3,000 | Off Market | |
0.07 | $391,100 | Studio | - | - | Off Market | |
0.07 | $339,400 | Studio | - | - | Off Market | |
0.07 | - | 3 | 2 | - | Off Market | |
0.07 | $351,300 | 2 | 1 | 1,145 | Off Market | |
0.07 | $346,900 | Studio | - | - | Off Market | |
0.07 | $389,000 | 4 | 2 | 1,728 | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.07 | $490,200 | Studio | - | - | Off Market |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Kellie Sergent, Century 21 Northland-Elk Rapids, Cell: 231-499-1814
Agent Phone: (231) 499-1814
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
Copyright 2026 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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Frequently asked questions about 406 E 3rd St
- What is the estimated monthly payment for 406 E 3rd St?Based on a $515,000 list price with 20% down at today's rates, the estimated monthly payment for 406 E 3rd St in Elk Rapids, MI is approximately $3,314 (about $2,848 principal & interest, $391 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Elk Rapids?Residents describe Elk Rapids, MI as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See homes for sale in Elk Rapids, MI.
- What are the closest schools to 406 E 3rd St?The closest schools to 406 E 3rd St in Elk Rapids, MI are Cherryland Middle School (rated 8/10), Elk Rapids High School (rated 10/10), Lakeland Elementary School (Pre-K, rated 8/10).
- What is 406 E 3rd St estimated to be worth?Trulia's estimated value for 406 E 3rd St in Elk Rapids, MI is $478,500.
- Does 406 E 3rd St have laundry facilities?Yes, 406 E 3rd St in Elk Rapids, MI has in-unit laundry.
- How big is the lot at 406 E 3rd St?The lot at 406 E 3rd St in Elk Rapids, MI is about 1.2 acres.
406 E 3rd St, Elk Rapids, MI 49629 is a 4 bedroom, 2 bathroom, 1,990 sqft single-family home built in 1968. This property is currently available for sale and was listed by NGLRMLS on Oct 7, 2026. The MLS # for this home is MLS# 1951367.