516 E State St, Traverse City, MI 49686
OFF MARKET

$917,300

Trulia Estimate
  • Studio
  • 2 Baths
  • 1,872 sqft (on 0.25 acres)

516 E State St, Traverse City, MI 49686

Boardman
Est. Refi. Payment $5,535/mo*
Refinance Your Home
Currently Off Market - Sold Oct 3, 1994 for $130,000

Home Value

Trulia Estimate
$917K
Since last month
Decreased$16K (-1.7%)
Since last year
Increased$89K (+10.8%)
Since last sale
Increased$787K (+605.6%)
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 +99% in the last 10 years
MonthEstimated value
2026
September 2026$917K
August 2026$933K
July 2026$901K
June 2026$924K
May 2026$912K
April 2026$890K
March 2026$868K
February 2026$860K
January 2026$862K
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
615 Webster St, Traverse City, MI
0.17
Single-Family Home
$650,000
08/06/26
3
2
1,815
427 Washington St, Traverse City, MI
0.10
Single-Family Home
$1,060,000
06/12/26
3
2
2,093
525 Webster St, Traverse City, MI
0.13
Single-Family Home
$500,000
05/15/26
3
1.5
1,301
436 Webster St, Traverse City, MI
0.17
Single-Family Home
$720,000
09/25/25
3
2
1,469
319 Washington St, Traverse City, MI
0.23
Single-Family Home
$725,000
01/12/26
3
2
1,510
821 Webster St, Traverse City, MI
0.45
Single-Family Home
$790,000
06/23/26
4
2
1,905
921 Washington St, Traverse City, MI
0.68
Single-Family Home
$240,153
09/02/26
2
2
1,364
863 Washington St, Traverse City, MI
0.51
Single-Family Home
$725,000
11/24/25
4
2
2,379
610 Lake Ave, Traverse City, MI
0.43
Single-Family Home
$760,000
07/23/26
2
2
1,584
417 Barlow St, Traverse City, MI
0.42
Single-Family Home
$587,500
03/02/26
4
2.5
2,640

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
508 E State St, Traverse City, MI 49686
0.02
$1,012,300
4
3.5
2,706
Off Market
511 E State St, Traverse City, MI 49686
0.04
$687,700
2
2
1,192
Off Market
445 E State St, Traverse City, MI 49686
0.07
$1,495,000
8
3
4,360
For Sale
441 E State St, Traverse City, MI 49686
0.08
$1,895,000
9
4
5,172
For Sale
214 Wellington St #216, Traverse City, MI 49686
0.05
$530,000
4
2.5
1,770
Recently Sold
534 E State St, Traverse City, MI 49686
0.04
$1,605,000
4
4
3,350
Off Market
229 Wellington St, Traverse City, MI 49686
0.05
$3,900,000
6
5.5
6,517
For Sale
230 Wellington St, Traverse City, MI 49686
0.07
$3,995,000
13
13.5
11,807
For Sale
531 Washington St, Traverse City, MI 49686
0.06
$1,049,200
3
2.5
2,136
Off Market
415 E State St, Traverse City, MI 49686
0.12
$649,000
Studio
-
1,187
Off Market
427 Washington St, Traverse City, MI 49686
0.10
$1,060,000
3
2
2,093
Recently Sold
115 Franklin St, Traverse City, MI 49686
0.11
$1,177,800
3
3
2,704
Off Market

Local Information

  • Map ViewExplore the area around 516 E State St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1920
0.25 acre lot
1,872 sqft
$490/sqft
Garage

About this House

This single-family home is located at 516 E State St, Traverse City, MI. 516 E State St is in the Boardman neighborhood in Traverse City, MI and in ZIP code 49686. This property has 2 bathrooms and approximately 1,872 sqft of floor space. This property has a lot size of 10890 sqft and was built in 1920.
516 E State St, Traverse City, MI 49686 is a studio, 2 bathroom, 1,872 sqft single-family home in Boardman, built in 1920. It last sold for $130,000 on Oct 3, 1994. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $917,300, with a rent estimate of $2,755/month.

Home Details for 516 E State St

Interior Features

Interior Details
BasementNumber of Rooms: 7
Levels, Entrance, & Accessibility
Stories: 1.75
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: BrickFoundation Type: Slab
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 10890 sqft

Price and Tax history

DateEventPrice
Oct 3, 1994
Source: N/A
Sold
$130,000

Market trends in Traverse City

Last updated August 2026
Buyer'sMarketSeller'sMarket
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

Boardman
See Local Highlights
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

Frequently asked questions about 516 E State St

  • What is 516 E State St estimated to be worth?
    Trulia's estimated value for 516 E State St in Traverse City, MI is $917,300.
  • What is the price history for 516 E State St?
    516 E State St in Traverse City, MI last sold for $130,000 in October 1994.
  • 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.
  • How big is the lot at 516 E State St?
    The lot at 516 E State St in Traverse City, MI is about 0.25 acres (10,890 sq ft).
  • Does 516 E State St have a garage?
    Yes, 516 E State St in Traverse City, MI has a garage.

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Apartments for Rent

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Off Market Homes Near 516 E State St

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