$541,500
- 4 Beds
- 3 Baths
- 1,910 sqft (on 0.35 acres)
509 E 3rd St, Elk Rapids, MI 49629
Est. Refi. Payment $3,299/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 27, 2024 for $469,000
Home Value
Trulia Estimate
$542KSince last month
Decreased$14K (-2.5%)Since last year
Increased$49K (+9.9%)Since last sale
Increased$72K (+15.3%)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 | $541K |
| August 2026 | $540K |
| July 2026 | $555K |
| June 2026 | $560K |
| May 2026 | $537K |
| April 2026 | $516K |
| March 2026 | $498K |
| February 2026 | $492K |
| January 2026 | $494K |
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 |
|---|---|---|---|---|---|---|---|
0.15 | Single-Family Home | $459,000 | 10/21/25 | 4 | 2.5 | 2,196 | |
0.26 | 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 | |
0.27 | Single-Family Home | $327,000 | 01/29/26 | 4 | 1 | 1,193 | |
0.78 | Single-Family Home | $1,050,000 | 09/05/25 | 4 | 2 | 2,180 | |
0.74 | Single-Family Home | $565,000 | 10/27/25 | 3 | 1.5 | 1,288 | |
0.90 | Single-Family Home | $540,000 | 06/24/26 | 3 | 1.5 | 1,644 | |
0.37 | Single-Family Home | $289,000 | 06/02/26 | 2 | 1 | 1,100 | |
0.75 | 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 |
|---|---|---|---|---|---|---|
0.01 | $359,700 | 2 | 1 | 1,145 | Off Market | |
0.05 | $179,800 | 3 | 2 | 1,352 | Off Market | |
0.05 | $281,400 | 3 | 1.5 | 1,065 | Off Market | |
0.09 | $276,800 | 2 | 1 | 1,092 | Off Market | |
0.08 | - | - | - | - | Off Market | |
0.12 | - | - | - | - | Off Market | |
0.18 | $500,300 | 4 | 2 | 3,305 | Off Market | |
0.20 | - | - | - | - | Off Market | |
0.15 | $476,300 | 4 | 2.5 | 2,196 | Off Market | |
0.17 | - | - | - | - | Off Market | |
0.19 | $110,000 | - | - | - | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1965
Lot Size
0.35 acres
Living Area
1,910 sqft
Price/Sqft
$284
Parking
Garage
About this House
Nicely updated, turn-key home in the village of Elk Rapids, across the street from Elk Rapids Schools! This corner property on two lots has some of the charm of a 1960s cottage with all the modern finishes of a new home. It was recently remodeled in 2021 including all new paint, flooring, windows, furnace, central air and hot tub. It was even more recently updated with top of the line GE Cafe kitchen appliances including an energy efficient induction range and GE Profile front-load washer and dryer in 2023. Cozy up next to the crackling fire in the wood-burning, fieldstone fireplace in the living room. The large primary suite includes a walk-in closet, sky lights and a private bath with a walk-in tile shower and a soaking tub. Off the primary suite there's a private patio with a hot tub and access to the backyard where there's a hookup for a natural gas grill. The detached 28' x 30' garage offers plenty of room for 2 cars, a workbench and lots of storage but if that isn't enough, there's an additional driveway for more parking. The backyard is fenced in on 2 sides ensuring privacy from the neighbors and making it easy to complete. Next to the house there's space for an RV with hookups for water, sewer and electric. Walk across the street to Elk Rapids schools or catch a game at any of the school's athletic fields. Enjoy the slower pace and small town amenities of village living where you'll be just a mile from restaurants and breweries like Short's Pull Barn and Pearl's New Orleans Kitchen. It's only a few minutes to the boat launch on Elk Lake and to the Elk Rapids Sandbar and beach on the East Arm of the Grand Traverse Bay and just 15 minutes to the Torch Lake Sandbar. With a short commute to Traverse City, this home is perfect for a young family, those looking for a second home up north or anyone looking to be near all that NW Michigan has to offer, while still being a comfortable distance from the city. This home is a rare example of true pride in ownership.
509 E 3rd St, Elk Rapids, MI 49629 is a 4 bedroom, 3 bathroom, 1,910 sqft single-family home built in 1965. It last sold for the $469,000 asking price on Sep 27, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $541,500, with a rent estimate of $2,419/month.
Last check for updates: about 14 hours ago
Listed by Bill Wiegandt, (989) 506-6348
Keller Williams Northern Michigan, (231) 947-8200
Bought with: Christian Nelson, REMAX Of Elk Rapids, (231) 264-5400
Source: NGLRMLS, MLS#1926305

Home Details for 509 E 3rd St
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Interior Details Basement: Crawl SpaceNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Master Bathroom, Dining Room, Kitchen, Living Room |
Beds & Baths Number of Bedrooms: 4Main Level Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (main level): 3 |
Dimensions and Layout Living Area: 1910 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Water Filtration System, Gas Water HeaterDishwasherDisposalDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Baseboard,Natural Gas,Fireplace(s)Has CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: Wood BurningSpa: Hot TubHas a FireplaceHas a Spa |
Windows, Doors, Floors & Walls Window: Skylight(s), Bay Window(s), Low Emissivity Windows, BlindsFlooring: Vinyl, Carpet |
Levels, Entrance, & Accessibility Accessibility: Accessible Full Bath, Grip-Accessible FeaturesFloors: Vinyl, Carpet |
View No View |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: AsphaltPatio / Porch: Deck, PatioOther Structures: Shed(s)Exterior: Rain GuttersFoundation: Block, WoodNo Private Pool |
Parking & Garage Number of Garage Spaces: 2Other Parking: RV ParkingNo CarportHas a GarageNo Attached GarageNo Open ParkingParking Spaces: 2Parking: Detached,Garage Door Opener,Heated Garage,Concrete Floors,RV Access/Parking,Concrete,Private |
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): 1910 Square Feet |
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Cumulative Days on Market: 36 |
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Year Built Year Built: 1965Year Renovated: 2021 |
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 Parcel Number: 054310000800 |
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Price List Price: $469,000 |
Status Change & Dates Off Market Date: Fri Sep 27 2024Possession Timing: Close Of Escrow, Within 30 Days |
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MLS Status: Sold Co-op Member |
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Direction & Address City: Elk RapidsCommunity: None |
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: 1910 Square Feet |
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Community Features: None |
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HOA Fee Includes: None |
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Lot Area: 0.35 acres |
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Listing Agreement Type: Exclusive Right SellListing Terms: Conventional, Cash, FHA, VA Loan, 1031 Exchange |
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Energy Efficiency Features: Appliances, Windows |
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Mls Number: 1926305Attribution Contact: Cell: 989-506-6348Above Grade Unfinished Area: 1910 |
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None |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 27, 2024 Source: NGLRMLS #1926305 | Sold | $469,000 |
Sep 5, 2024 Source: NGLRMLS #1926305 | Pending | $469,000 |
Aug 22, 2024 Source: NGLRMLS #1926305 | Listed For Sale | $469,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,600 | $375,000 |
Home facts updated by county records
Market trends in Elk Rapids
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
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 509 E 3rd St
- What is 509 E 3rd St estimated to be worth?Trulia's estimated value for 509 E 3rd St in Elk Rapids, MI is $541,500.
- What is the price history for 509 E 3rd St?509 E 3rd St in Elk Rapids, MI last sold for $469,000 in September 2024.
- 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 509 E 3rd St have air conditioning?Yes, 509 E 3rd St in Elk Rapids, MI has air conditioning.
- Does 509 E 3rd St have laundry facilities?Yes, 509 E 3rd St in Elk Rapids, MI has in-unit laundry.

