NOT LISTED FOR SALE

115 N Silver Place Indian River, MI 49749

Estimated Value: $404,000 - $950,000

4 Beds
3 Baths
3,750 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $220,000 $59 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $3,538/month

Highlights

  • 421 Feet of Waterfront
  • Deck
  • Lower Floor Utility Room
  • Spa
  • Wood Flooring
  • 2 Car Detached Garage

About This Home

As of March 2018

Adj to state and federal land, Must have key code to enter. is on Silver Lake. Custom built cabinets.open floor plan.Red Oak flooring, hot tub, central air. gated entry to the development for privacy and security. 14.60 acres adjoins acres of state land. trail roads through-out.

Last Agent to Sell the Property

John Thurman

WDCM, LLC Listed on: 01/26/2017

Last Buyer's Agent

John Thurman

WDCM, LLC Listed on: 01/26/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,719

Year Built

  • Built in 1992

Lot Details

  • 14.6 Acre Lot
  • 421 Feet of Waterfront
  • Property is zoned Residential Water

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,750 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Water Views
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 171-012-200-001-23

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,719

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Residential
  • Estimated Year Built: 1992
  • Lvt Date: 12/08/2017
  • Measurement Source: Agent
  • Section: 12
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1992

Interior Features

  • Features: Central Air, Deck, Hot Tub, Wood Fireplace, Wood Floors
  • Total Finished Sq Ft: 3750
  • Master Bedroom: Dimensions: 13'8" X 13' bath 10'5', On Level: Upper
  • Bedroom 2: Dimensions: 9'7" X 10'6", On Level: Upper
  • Bedroom 3: Dimensions: 12'10" X 9', On Level: Lower
  • Bedroom 4: Dimensions: 9'8" X9'6", On Level: Upper
  • Total Rooms: 11
  • Basement: Full
  • Dining Room: Dimensions: 10'8" X 12', On Level: Upper
  • Kitchen: Dimensions: 13'7" X 12'4", On Level: Upper
  • Family Room: Dimensions: 26" X 15', On Level: Lower
  • Living Room: Dimensions: 14'6"X 24', On Level: Upper
  • Above Grade Finished Sq Ft: 1970
  • Bathroom 1: Dimensions: 7'10" X 6'10", On Level: Upper
  • Bathroom 2: Dimensions: 9'7" X 10'6", On Level: Upper
  • Number Of Bedrooms: 4
  • Full Bathrooms: 3
  • Rooms 1: Dimensions: 11'6" X 10'4" Study, On Level: Lower
  • Rooms 2: Dimensions: 8'4" X 9'10"kitchen, On Level: Lower
  • Windows: Andersen

Exterior Features

  • Construction: Wood Frame/Site Built
  • Roof: Asphalt Shingle
  • Waterfront Frontage: 421
  • Waterfront Water Access: Water Front
  • Water View: Y
  • Wf Wa Ownership Type: Deeded and Private Ownership

Garage/Parking

  • Garage Carport: Garage-Detached
  • Gar Car Capacity: Two

Utilities

  • Heat Type: Forced Air, LP Gas
  • Sewer: Septic
  • Water: Well

Condo/Co-op/Association

  • Association: Yes

Schools

  • School District: Inland Lakes

Lot Info

  • Estimated Number of Acres: 14.6
  • Zoning: Residential Water

Tax Info

  • Assessor Parcel Number: 171-012-200-001-23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Mar 15, 2018
Sold by
Fhlmc
Bought by
Organek Gary E
Seller's Agent
John Thurman
WDCM, LLC
Buyer's Agent
John Thurman
WDCM, LLC
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%
Current Estimated Value
$608,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,792
Avg. Annual Appreciation
14.37%

Purchase Details

Closed on
Nov 13, 2015
Sold by
Terlecki Lawrence J and Terlecki Margaret A
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Organek Gary E $220,000 --
Federal Home Loan Mortgage Corp $163,625 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2018 03/16/18 Sold $220,000 -2.2% $59 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/26/2017 01/26/17 For Sale $224,900 -- $60 / Sq Ft
Source: Northern Michigan MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,719 $202,200 $0 $0
2024 $1,964 $204,100 $0 $0
2023 $1,883 $187,600 $0 $0
2022 $1,793 $170,100 $0 $0
2021 $3,316 $167,000 $167,000 $0
2020 $3,249 $151,300 $151,300 $0
2019 $3,201 $164,800 $164,800 $0
2018 $3,814 $164,800 $0 $0
2017 $3,689 $166,000 $0 $0
2016 $3,477 $165,800 $0 $0
2015 -- $151,400 $0 $0
2014 -- $139,000 $0 $0
2012 -- $134,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    John Thurman

    WDCM, LLC

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Map

Source: Northern Michigan MLS

MLS Number: 453860

Northern Michigan MLS

APN: 171-012-200-001-23

Michigan Cheboygan County Indian River 49749

115 N Silver Place, Indian River, MI

This home is located at 115 N Silver Place, Indian River, MI 49749 since 26 January 2017 and is currently estimated at $608,792, approximately $162 per square foot. This property was built in 1992. 115 N Silver Place is a home located in Cheboygan County with nearby schools including Inland Lakes Elementary School and Inland Lakes Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Michigan MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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