$359,700
2 Beds
1 Bath
1,145 sqft (on 0.25 acres)
505 E 3rd St, Elk Rapids, MI 49629
Est. Refi. Payment $2,216/mo*
Refinance Your HomeCurrently Off Market - Sold Mar 7, 2025 for $336,000
Home Value
Trulia Estimate
$360KSince last month
$0 (0%)Since last year
Increased$14K (+3.9%)Since last sale
Increased$23K (+6.9%)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 +185% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $359K |
| August 2026 | $359K |
| July 2026 | $359K |
| June 2026 | $358K |
| May 2026 | $354K |
| April 2026 | $349K |
| March 2026 | $349K |
| February 2026 | $347K |
| January 2026 | $344K |
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 |
|---|---|---|---|---|---|---|---|
0.36 | Single-Family Home | $289,000 | 06/02/26 | 2 | 1 | 1,100 | |
0.28 | Single-Family Home | $327,000 | 01/29/26 | 4 | 1 | 1,193 | |
0.27 | Single-Family Home | $350,000 | 08/24/26 | 4 | 2 | 1,784 | |
0.30 | Single-Family Home | $280,000 | 01/02/26 | 3 | 3 | 1,540 | |
0.15 | Single-Family Home | $459,000 | 10/21/25 | 4 | 2.5 | 2,196 | |
0.89 | Single-Family Home | $460,000 | 07/13/26 | 2 | 1 | 1,094 | |
0.75 | Single-Family Home | $265,000 | 06/30/26 | 2 | 2 | 1,004 | |
0.71 | Single-Family Home | $250,000 | 10/22/25 | 3 | 1 | 1,463 | |
0.74 | Single-Family Home | $233,900 | 06/15/26 | 3 | 1.5 | 1,211 |
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 |
|---|---|---|---|---|---|---|
0.04 | $179,800 | 3 | 2 | 1,352 | Off Market | |
0.01 | $541,500 | 4 | 3 | 1,910 | Off Market | |
0.05 | $281,400 | 3 | 1.5 | 1,065 | Off Market | |
0.07 | - | - | - | - | Off Market | |
0.09 | $276,800 | 2 | 1 | 1,092 | Off Market | |
0.12 | - | - | - | - | Off Market | |
0.15 | $476,300 | 4 | 2.5 | 2,196 | Off Market | |
0.16 | - | - | - | - | Off Market | |
0.18 | $215,000 | - | - | - | Recently Sold | |
0.18 | - | - | - | - | Off Market | |
0.19 | $225,000 | - | - | - | For Sale |
Local Information
- Map ViewExplore the area around 505 E 3rd St.
- Schools1 Preschool School1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1940
Lot Size
0.25 acres
Living Area
1,145 sqft
Price/Sqft
$314
Parking
Garage
About this House
Young families, retirees, gardening and permaculture enthusiasts: check out this new Elk Rapids listing! Recently updated bathroom, kitchen counters, backsplash, flooring and brand-new washer-dryer. The vaulted ceiling gives the space an open & airy feel. Main level living with a loft for bonus space. Outside, you'll find an amazing, fully-fenced food forest featuring apple, pear, cherry, peach, plum, mulberry, and Asian pear trees along with other perennials including flowers, hazelnuts, herbs, gumi, asparagus, blueberries, raspberries, strawberries, and gooseberries. Hoophouse, shed, and 1.5 car garage with workbench complete this compelling package. This home is steps away from East side amenities including award-winning ER schools, athletic fields, walking trails, golf course, tennis courts, restaurants, and three rarely used Elk Lake public access points. A short bike ride connects you to Elk Rapid's quaint shops, restaurants, and awesome Lake Michigan beaches, while boaters will enjoy exceptional harbors and easy launch points to GT Bay, Elk Lake, and Bass Lake. This is priced to sell and ready for its next chapter as the perfect base for sustainable Elk Rapid's living!
505 E 3rd St, Elk Rapids, MI 49629 is a 2 bedroom, 1 bathroom, 1,145 sqft single-family home built in 1940. It last sold for the $335,000 asking price on Mar 7, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $359,700, with a rent estimate of $1,524/month.
Last check for updates: about 19 hours ago
Listed by Christian Nelson
REMAX Of Elk Rapids, (231) 264-5400
Bought with: Christian Nelson, REMAX Of Elk Rapids, (231) 264-5400
Source: NGLRMLS, MLS#1927139
Home Details for 505 E 3rd St
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Interior Details Basement: Crawl SpaceNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Master Bathroom, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1145 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Disposal, Washer, DryerDisposalDryerLaundry: Main LevelRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Natural GasHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: NoneNo FireplaceNo Spa |
Windows, Doors, Floors & Walls Window: Drapes, Curtain RodsFlooring: Carpet, Laminate |
Levels, Entrance, & Accessibility Stories: 1Levels: One and One HalfAccessibility: NoneFloors: Carpet, Laminate |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: DeckOther Structures: NoneExterior: SidewalkNo Private Pool |
Parking & Garage Number of Garage Spaces: 2No CarportHas a GarageNo Attached GarageNo Open ParkingParking Spaces: 2Parking: Detached,Gravel |
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): 1145 Square Feet |
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Cumulative Days on Market: 174 |
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Year Built Year Built: 1940Year Renovated: 2024 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Contemporary |
Building Construction Materials: Frame, Wood SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty |
Property Information Parcel Number: 054310000900 |
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Price List Price: $335,000 |
Status Change & Dates Off Market Date: Fri Mar 07 2025Possession Timing: Close Of Escrow |
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MLS Status: Sold In House |
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Direction & Address City: Elk RapidsCommunity: BRAND AND DURKEE'S ADD EAST EL |
School Information Elementary School District: Elk Rapids SchoolsJr High / Middle School District: Elk Rapids SchoolsHigh School District: Elk Rapids Schools |
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Building Area Building Area: 1145 Square Feet |
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Community Features: None |
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HOA Fee Includes: None |
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Lot Area: 10890 sqft |
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Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash, FHA, MSHDA, USDA Loan |
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Mls Number: 1927139Above Grade Unfinished Area: 1145 |
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None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 7, 2025 Source: NGLRMLS #1927139 | Sold | $336,000 |
Jan 24, 2025 Source: RE/MAX of Michigan #1927139 | Pending | $335,000 |
Oct 15, 2024 Source: NGLRMLS #1927139 | PriceChange | $335,000 Price decreased by 3% |
Sep 14, 2024 Source: NGLRMLS #1927139 | Listed For Sale | $346,000 |
Aug 16, 2013 Source: N/A | Sold | $91,900 |
Jul 6, 2013 Source: Agent Provided | PriceChange | $94,900 Price decreased by 4% |
May 25, 2013 Source: Agent Provided | Listed For Sale | $99,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,232 | $229,400 |
Home facts updated by county records
Market trends in Elk Rapids
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
12
2MoM
Around this home
What Locals Say about Elk Rapids
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
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.
Frequently asked questions about 505 E 3rd St
- What is 505 E 3rd St estimated to be worth?Trulia's estimated value for 505 E 3rd St in Elk Rapids, MI is $359,700.
- What is the price history for 505 E 3rd St?505 E 3rd St in Elk Rapids, MI last sold for $336,000 in March 2025.
- Is Elk Rapids a buyer's or seller's market?Elk Rapids is currently a buyer's market, based on recent for-sale activity.
- 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 recently sold homes in Elk Rapids, MI.
- Does 505 E 3rd St have laundry facilities?Yes, 505 E 3rd St in Elk Rapids, MI has in-unit laundry.
- How big is the lot at 505 E 3rd St?The lot at 505 E 3rd St in Elk Rapids, MI is about 0.25 acres (10,890 sq ft).
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