$761,500
- 3 Beds
- 1 Bath
- 1,084 sqft (on 0.36 acres)
7197 E Shore Rd, Traverse City, MI 49686
Est. Refi. Payment $4,604/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 9, 2021 for $580,000
Home Value
Trulia Estimate
$762KSince last month
Decreased$400 (-0.1%)Since last year
Increased$27K (+3.7%)Since last sale
Increased$181K (+31.1%)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 +77% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $761K |
| August 2026 | $760K |
| July 2026 | $761K |
| June 2026 | $779K |
| May 2026 | $769K |
| April 2026 | $761K |
| March 2026 | $751K |
| February 2026 | $740K |
| January 2026 | $734K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
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 |
|---|---|---|---|---|---|---|---|
1.09 | Single-Family Home | $507,000 | 12/15/25 | 3 | 1.5 | 1,469 | |
0.95 | Single-Family Home | $700,000 | 10/24/25 | 5 | 2.5 | 3,274 | |
1.04 | Single-Family Home | $760,000 | 02/20/26 | 4 | 2 | 2,884 | |
1.31 | Single-Family Home | $335,000 | 06/01/26 | 3 | 2 | 1,210 | |
1.15 | Single-Family Home | $660,000 | 11/24/25 | 4 | 3 | 2,692 | |
1.03 | Single-Family Home | $695,000 | 07/17/26 | 4 | 2 | 2,128 | |
1.06 | Single-Family Home | $808,250 | 07/10/26 | 3 | 3.5 | 2,656 | |
0.77 | Single-Family Home | $1,330,000 | 05/22/26 | 4 | 2 | 3,114 | |
1.48 | Single-Family Home | $651,125 | 06/18/26 | 3 | 2.5 | 1,748 | |
1.51 | Single-Family Home | $475,000 | 04/03/26 | 3 | 2 | 1,893 |
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 |
|---|---|---|---|---|---|---|
0.07 | $823,900 | 4 | 3.5 | 3,050 | Off Market | |
0.09 | $672,200 | 3 | 2 | 1,974 | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.30 | $3,590,000 | 4 | 3 | 4,378 | For Sale | |
0.44 | $2,468,500 | 3 | 2.5 | 2,712 | Off Market | |
0.50 | $1,442,000 | 5 | 4.5 | 5,067 | Off Market | |
0.57 | $861,200 | 3 | 3 | 3,174 | Off Market | |
0.58 | $730,000 | 3 | 2.5 | 2,931 | Recently Sold | |
0.58 | $816,400 | 4 | 3 | 3,173 | Off Market | |
0.57 | - | - | - | - | Off Market | |
0.58 | $703,300 | 2 | 1 | 1,304 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1956
0.36 acre lot
1,084 sqft
$702/sqft
Garage
About this House
One of Traverse City's most coveted locations just two miles out East Shore Rd. is the site of this 3 bedroom, 1 bath ranch home. Features include wood floors, a wood burning fireplace and floor to ceiling windows framing stunning sparkling blue water views. 100 feet of private East Bay beach frontage for boating and swimming with the dock included. Back yard extends beyond the top of the hill by about 25 feet. Wonderful, convenient location just beyond the city limits in peninsula township.
7197 E Shore Rd, Traverse City, MI 49686 is a 3 bedroom, 1 bathroom, 1,084 sqft single-family home built in 1956. It last sold for $580,000 on Jul 9, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $761,500, with a rent estimate of $2,126/month.
Home Details for 7197 E Shore Rd
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Heating & Cooling Heating: Forced Air, GasHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1 |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
|
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Exterior Home Features Roof: AsphaltExterior: WoodFoundation Type: Crawl Raised |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1956 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
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Lot Area: 0.36 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 9, 2021 Source: NGLRMLS #1887493 | Sold | $580,000 |
Jun 2, 2021 Source: RE/MAX of Michigan #1887493 | Pending | $575,000 |
May 29, 2021 Source: RE/MAX of Michigan #1887493 | PendingToActive | $575,000 |
May 25, 2021 Source: RE/MAX of Michigan #1887493 | Pending | $575,000 |
May 18, 2021 Source: RE/MAX of Michigan #1887493 | Listed For Sale | $575,000 |
Dec 18, 2019 Source: Agent Provided | ListingRemoved | $450,000 |
May 22, 2019 Source: Agent Provided | PriceChange | $450,000 Price decreased by 5% |
Dec 17, 2018 Source: Agent Provided | Listed For Sale | $475,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $7,606 | $697,800 |
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
What Locals Say about Traverse City
At least 282 Trulia users voted on each feature.
88 % Say it's dog friendly
81 % Say yards are well-kept
80 % Say car is needed
78 % Say people would walk alone at night
76 % Say there's holiday spirit
76 % Say parking is easy
68 % Say kids play outside
66 % Say there's wildlife
62 % Say it's quiet
60 % Say they plan to stay for at least 5 years
58 % Say there are sidewalks
57 % Say neighbors are friendly
56 % Say it's walkable to restaurants
54 % Say it's walkable to grocery stores
52 % Say streets are well-lit
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 7197 E Shore Rd
- What is 7197 E Shore Rd estimated to be worth?Trulia's estimated value for 7197 E Shore Rd in Traverse City, MI is $761,500.
- What is the price history for 7197 E Shore Rd?7197 E Shore Rd in Traverse City, MI last sold for $580,000 in July 2021.
- 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.
- Does 7197 E Shore Rd have laundry facilities?Yes, 7197 E Shore Rd in Traverse City, MI has in-unit laundry.
- How big is the lot at 7197 E Shore Rd?The lot at 7197 E Shore Rd in Traverse City, MI is about 0.36 acres (15,682 sq ft).

