NOT LISTED FOR SALE

1408 Lake Dr Traverse City, MI 49685

Estimated Value: $318,000 - $383,362

4 Beds
2 Baths
1,636 Sq Ft
$210/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $309,000 $189 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,101/month

80 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Deck
  • 90 Feet of Waterfront
  • Lake Privileges
  • Main Floor Primary Bedroom

About This Home

As of August 2024

Location and shared waterfront, ...are you serious? Absolutely! This 4 bed/2 bath bi-level is just minutes from downtown TC, and, includes 90' of shared waterfront on beautiful Silver Lake! Plus a two car garage, large screened in porch, spacious rear deck and private backyard. This is a must see! (shared waterfront created by roads in a platted subdivision)

Last Agent to Sell the Property

Josh Croff

Verity Real Estate, LLC License #6502418758 Listed on: 05/25/2024

Last Buyer's Agent

Karlie Acton

REMAX Bayshore - Union St TC License #6501451651

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,823

Year Built

  • Built in 1966

Lot Details

  • 0.35 Acre Lot
  • 90 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,636 Sq Ft Home
  • Wood Burning Fireplace
  • Drapes & Rods
  • Screened Porch
  • Water Views
  • Basement Window Egress

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Silver Pines Resort Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,823

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bi-Level
  • Estimated Year Built: 1966
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 30
  • Year Updated: 1991
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Drapes, Curtain Rods, Natural Gas Water Heater
  • Interior Amenities: Pantry, Breakfast Nook, Fixer-Upper
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 11'-4x10'-4, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 11'4"x10'-4, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 11'-4x9'-6", On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 13'x10', On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 11'x9', On Level: Main Floor, Flooring: Vinyl
  • Family Room: Dimensions: 25'x11'-6", On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 11'x10'-4", On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 16'-1"x11', On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 888
  • Estimated Below Grade Finished Sq Ft: 748
  • Estimated Below Grade Unfinished Sq Ft: 80
  • Price Per Sq Ft: 188.88
  • Range: R 11W
  • Total Finished Sf Apx: 1636

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Sidewalk, Porch, Screened Porch
  • Exterior Finish: Press Board, Brick
  • Foundation: Block, Slab, Entrance Outside, Finished Rooms, Egress Windows
  • Lake Size: 609 acres
  • Number Of Acres: 0.35
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Water View, Sandy Bottom
  • Waterfront Frontage: 90

Garage/Parking

  • Driveway: Dirt, Private
  • Garage Capacity: 2
  • Primary Garage: Detached, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Amenities: Lake Privileges, Pets Allowed
  • Development Name: Silver Pines Resort

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 99'-6"x152'x99'-6"x156'
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Unknown

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 1990
Current Estimated Value
$343,091
Source: Public Records

Range of Values:

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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
-- $69,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $309,000 0.0% $189 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
05/25/2024 05/25/24 For Sale $309,000 -- $189 / Sq Ft
Source: Northern Great Lakes REALTORS® 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 $2,823 $147,700 $0 $0
2024 $2,275 $119,700 $0 $0
2023 $1,092 $76,400 $0 $0
2022 $1,545 $94,400 $0 $0
2021 $1,494 $76,400 $0 $0
2020 $1,481 $70,800 $0 $0
2019 $1,498 $67,900 $0 $0
2018 $0 $74,600 $0 $0
2017 -- $68,000 $0 $0
2016 -- $66,800 $0 $0
2014 -- $61,700 $0 $0
2012 -- $62,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josh Croff

    Seller's Agent in 2024

    Josh Croff

    Verity Real Estate, LLC

    (231) 342-8777

    4 in this area

    51 Total Sales

    Josh Croff
    Section Image

  • K

    Buyer's Agent in 2024

    Karlie Acton

    RE/MAX Michigan

    (231) 499-7633

    3 in this area

    19 Total Sales

    Karlie Acton
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1922761

Northern Great Lakes REALTORS® MLS

APN: 05-295-066-00

Michigan Grand Traverse County Traverse City 49685

1408 Lake Dr, Traverse City, MI

This home is located at 1408 Lake Dr, Traverse City, MI 49685 since 25 May 2024 and is currently estimated at $343,091, approximately $209 per square foot. This property was built in 1966. 1408 Lake Dr is a home located in Grand Traverse County with nearby schools including Central Grade School, West Middle School, and West Senior High 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 Great Lakes REALTORS® MLS 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 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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