$1,145,800
Studio
5,040 sqft (on 0.25 acres)
421 E State St, Traverse City, MI 49686
Est. Refi. Payment $6,896/mo*
Refinance Your HomeHome Value
Trulia Estimate
$1.15MSince last month
Decreased$49K (-4%)Since last year
Increased$78K (+7.2%)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 +26% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $1.15M |
| August 2026 | $1.2M |
| July 2026 | $1.18M |
| June 2026 | $1.19M |
| May 2026 | $1.11M |
| April 2026 | $1.1M |
| March 2026 | $1.09M |
| February 2026 | $1.09M |
| January 2026 | $1.1M |
2025 | |
2024 | |
2023 | |
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 |
|---|---|---|---|---|---|---|---|
0.38 | Multi-Family Home | $915,000 | 12/29/25 | 8 | 4 | 3,144 | |
0.07 | Multi-Family Home | $530,000 | 06/12/26 | 4 | 2.5 | 1,770 | |
0.36 | Multi-Family Home | $325,000 | 08/11/26 | 4 | 2 | 1,428 | |
0.96 | Multi-Family Home | $725,000 | 01/27/26 | 5 | 4.5 | 3,700 | |
0.62 | Multi-Family Home | $285,000 | 05/19/26 | 2 | 1 | 703 | |
1.06 | Multi-Family Home | $650,000 | 08/07/26 | 3 | 3 | 2,490 | |
0.83 | Multi-Family Home | $437,500 | 06/01/26 | 4 | 4 | 2,158 | |
0.95 | Multi-Family Home | $365,000 | 04/10/26 | 3 | 1.5 | 1,252 | |
1.05 | Multi-Family Home | $275,000 | 12/31/25 | 2 | 1 | 820 | |
1.17 | Multi-Family Home | $250,000 | 08/06/26 | 3 | 1 | 1,154 |
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 |
|---|---|---|---|---|---|---|
0.01 | $649,000 | Studio | - | 1,187 | Off Market | |
0.04 | $1,895,000 | 9 | 4 | 5,172 | For Sale | |
0.07 | $652,400 | 2 | 2.5 | 1,750 | Off Market | |
0.08 | - | 2 | 2.5 | 1,649 | Off Market | |
0.08 | $785,200 | 2 | 2.5 | 1,560 | Off Market | |
0.08 | $901,200 | 2 | 2.5 | 1,530 | Off Market | |
0.08 | $980,000 | 2 | 2.5 | 1,432 | Recently Sold | |
0.05 | $1,495,000 | 8 | 3 | 4,360 | For Sale | |
0.07 | $530,000 | 4 | 2.5 | 1,770 | Recently Sold | |
0.09 | $1,060,000 | 3 | 2 | 2,093 | Recently Sold | |
0.10 | $2,400,000 | 5 | 3.5 | 3,500 | Recently Sold | |
0.10 | $3,995,000 | 13 | 13.5 | 11,807 | For Sale |
Local Information
- Map ViewExplore the area around 421 E State St.
- Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
- Shop & Eat
-- mins to
Home Highlights
Multi-Family
Built in 1978
0.25 acre lot
5,040 sqft
$227/sqft
About this House
Six unit apartment building, three levels, one lower unit is handicapped accessible. 19 x 60 steel carport; Individual gas furnaces, water heaters, gas & electric meters, AC wall units. 66 ft Frontage on State St. and also has rear alley access, which also serves the commercial properties on Front St. Short Term Rentals not allowed. 2 Bedrooms, Living Rm., Kitchen and 1 bath in each unit. Walkable to Downtown 1 block; Park Place 1.5 blocks, Boardman River 1.5 blocks. 2 Units will be left vacant as of Sept 17, to facilitate sale. Newer rentals will be at $750 month for $54,000 gross income at 100% occupancy. Some below market rentals result of tenant longevity.
Home Details for 421 E State St
|
|---|
Levels, Entrance, & Accessibility Stories: 1 |
|
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Year Built Year Built: 1978 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 6 |
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Lot Area: 10890 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 22, 2021 Source: Real Estate One | ListingRemoved | |
Sep 18, 2021 Source: Real Estate One #1893082 | Listed For Sale | $750,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $25,172 | $1,082,600 |
Home facts updated by county records
Market trends in Traverse City
Last updated August 2026
Avg. sale price
$458K
$3.5KMoM
Sale-to-List Price
99.2%
0.1%MoM
Price per sq ft
$288
$1MoM
Available listings
637
91MoM
Around this home
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Boardman
At least 9 Trulia users voted on each feature.
100 % Say they plan to stay for at least 5 years
100 % Say it's walkable to grocery stores
94 % Say it's walkable to restaurants
92 % Say there are sidewalks
90 % Say car is needed
86 % Say there's holiday spirit
86 % Say people would walk alone at night
83 % Say it's dog friendly
69 % Say parking is easy
67 % Say kids play outside
67 % Say streets are well-lit
62 % Say there are community events
61 % Say neighbors are friendly
56 % Say yards are well-kept
55 % Say there's wildlife
44 % Say it's quiet
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 421 E State St
- What is 421 E State St estimated to be worth?Trulia's estimated value for 421 E State St in Traverse City, MI is $1,145,800.
- Is Traverse City a buyer's or seller's market?Traverse City is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Traverse City?The median sale price in Traverse City is $458K. That is down $3.5K from the prior month.
- What do residents say about the Boardman neighborhood?Residents describe the Boardman neighborhood in Traverse City, MI as established, walkable to grocery stores, and walkable to restaurants. See recently sold homes in Boardman, Traverse City.
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