7475 Terrace Ave, Elk Rapids, MI 49629
OFF MARKET

7475 Terrace Ave
Elk Rapids, MI 49629

  • Studio

$1,011,800

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $6,006/mo*
Refinance Your Home

$1,011,800

Trulia Estimate
as of Aug 23, 2026
Est. Refi. Payment $6,006/mo*
Refinance Your Home
Studio

Home Value

Trulia Estimate
$1.01M
Since last month
Decreased$19K (-1.8%)
Since last year
Increased$122K (+13.7%)
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 +547% in the last 10 years
MonthEstimated value
2026
August 2026$1.01M
July 2026$1.03M
June 2026$1.05M
May 2026$976K
April 2026$1M
March 2026$942K
February 2026$957K
January 2026$909K
2025
2024
2023
2022
2021
2020
2019
2018
2017

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
7457 Cairn Hwy, Elk Rapids, MI
0.05
Single-Family Home
$394,900
03/13/26
3
2
1,464
7186 Cairn Hwy, Kewadin, MI
0.48
Single-Family Home
$204,500
06/12/26
1
1
880
7023 Meadow Brooke Ln, Kewadin, MI
0.50
Single-Family Home
$305,000
08/10/26
3
2
1,400
7780 Elk Tip Dr, Rapid City, MI
0.54
Single-Family Home
$1,295,000
03/06/26
3
2
1,740
6732 Hickory Dr, Kewadin, MI
0.69
Single-Family Home
$305,000
11/24/25
3
2
1,689
6856 Cairn Hwy, Kewadin, MI
0.76
Single-Family Home
$185,000
04/16/26
-
-
13352 Indian Rd, Kewadin, MI
0.81
Single-Family Home
$375,000
03/26/26
3
2.5
1,600
14832 Williams Drive, Elk Rapids, MI
0.82
Single-Family Home
$650,000
01/16/26
3
2.5
1,680
6547 Birch Lake Rd, Kewadin, MI
0.91
Single-Family Home
$260,000
03/31/26
3
1
1,041
6641 Timberlake Dr, Elk Rapids, MI
1.07
Single-Family Home
$1,300,000
12/03/25
3
2
1,622

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
7489 Terrace Ave, Elk Rapids, MI 49629
0.01
$1,100,000
3
1.5
1,320
For Sale
7457 Cairn Hwy, Elk Rapids, MI 49629
0.05
$394,900
3
2
1,464
Recently Sold
7285 Cairn Hwy #7, Kewadin, MI 49648
0.26
$295,000
1
1
408
For Sale
7285 Cairn Hwy, Kewadin, MI 49648
0.26
$284,300
1
1
320
Off Market
7172 & 7180 Birch Lake Rd, Kewadin, MI 49648
0.30
$507,000
4
3
2,352
Off Market
7332 Williams Ct, Elk Rapids, MI 49629
0.31
$206,400
2
1
576
Off Market
7276 Williams Ct, Elk Rapids, MI 49629
0.35
$961,200
4
2
2,240
Off Market
14438 Williams Dr, Elk Rapids, MI 49629
0.35
$545,000
3
0.5
1,038
For Sale
14501 Williams Dr, Elk Rapids, MI 49629
0.41
$200,000
3
2
1,708
Recently Sold
7186 Cairn Hwy, Kewadin, MI 49648
0.48
$204,500
1
1
880
Recently Sold
7018 Meadow Brooke Ln, Kewadin, MI 49648
0.49
$353,900
3
2
1,728
Off Market
7023 Meadow Brooke Ln, Kewadin, MI 49648
0.50
$305,000
3
2
1,400
Recently Sold

Local Information

  • Map ViewExplore the area around 7475 Terrace Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home

About this House

This single-family home is located at 7475 Terrace Ave, Elk Rapids, MI. 7475 Terrace Ave is in Elk Rapids, MI and in ZIP code 49629.
7475 Terrace Ave, Elk Rapids, MI 49629 is a studio single-family home. It is currently off market. The Trulia Estimate is $1,011,800, with a rent estimate of $1,754/month.

Home Details for 7475 Terrace Ave

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

YearProperty taxTax assessment
2025
$4,845
$924,400
Home facts updated by county records

Market trends in Rapid City

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
39
7MoM

Around this home

What Locals Say about Rapid City

At least 5 Trulia users voted on each feature.

  • 100 % Say car is needed

  • 100 % Say it's dog friendly

  • 100 % Say yards are well-kept

  • 90 % Say it's quiet

  • 82 % Say parking is easy

  • 82 % Say there's wildlife

  • 58 % Say kids play outside

  • 50 % Say they plan to stay for at least 5 years

  • 47 % Say neighbors are friendly

  • 43 % Say people would walk alone at night

  • 40 % Say there's holiday spirit

  • 38 % Say streets are well-lit

  • 27 % Say it's walkable to restaurants

  • 25 % Say there are community events

  • 14 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Rachel G.
    "Dogs seem very welcome here, all sorts of them. Big, small, all breeds. I have a Yorkie myself. I keep him on a lead in the back yard when he gets let outside. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7475 Terrace Ave

  • What is 7475 Terrace Ave estimated to be worth?
    Trulia's estimated value for 7475 Terrace Ave in Elk Rapids, MI is $1,011,800.
  • Is Elk Rapids a buyer's or seller's market?
    Elk Rapids is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Elk Rapids?
    Residents describe Elk Rapids, MI as dog-friendly, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Elk Rapids, MI.
  • What are the closest schools to 7475 Terrace Ave?
    The closest schools to 7475 Terrace Ave in Elk Rapids, MI are Cherryland Middle School (rated 8/10), Elk Rapids High School (rated 10/10), Lakeland Elementary School (Pre-K, rated 8/10).

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 7475 Terrace Ave

Skip to last item
Skip to first item

Homes for sale near 7475 Terrace Ave

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item