NOT LISTED FOR SALE

1415 Lake Dr Traverse City, MI 49685

Estimated Value: $687,000 - $954,000

4 Beds
3 Baths
3,106 Sq Ft
$270/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $530,000 $171 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,971/month

2 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Tiered Deck
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Wooded Lot

About This Home

As of October 2020

4 BR 3 Ba on Silver Lake

Last Agent to Sell the Property

William Keller

Century 21 Northland License #6501157393 Listed on: 10/21/2020

Century 21 Northland

Last Buyer's Agent

William Keller

Century 21 Northland License #6501157393 Listed on: 10/21/2020

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,803

Year Built

  • Built in 1955

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100 x 177
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Frame Construction
  • Membrane Roofing

Interior Spaces

  • 3,106 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Crawl Space
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Tiered Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Baseboard Heating
  • 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

$6,803

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1955
  • Construction: Frame
  • Private Shared: Private
  • Univs Design Barrier Free: Extra Wide Hallways
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Refrigerator, Microwave, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Formal Dining Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 17x16
  • Bedroom 2: Dimensions: 15x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15x10, On Level: Upper Floor
  • Bedroom 4: Dimensions: 15x10, On Level: Upper Floor
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12x10, On Level: Main Floor, Flooring: Tile
  • Kitchen: Dimensions: 20x12, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 22x16, On Level: Main Floor
  • Range: R 11W
  • Total Finished Sf Apx: 3106

Exterior Features

  • Additional Buildings: Workshop
  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Multi-Level Decking, Covered Porch, Porch, Gutters
  • Exterior Finish: Aluminum
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.4
  • Road: Blacktop
  • Roof: Membrane
  • Water Features: Priv Frontage (Across Rd), Inland Lake, All Sports, Private Dock, Sandy Bottom, Public Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Detached, Heated

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Hot Water, Baseboard
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: SILVER PINES RESORT

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level
  • Lot Dimensions: 100 X 177
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Oct 23, 2020
Sold by
Walls Ulysses C
Bought by
Tr Foa L
Seller's Agent
William Keller
Century 21 Northland
Buyer's Agent
William Keller
Century 21 Northland
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$837,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,249
Avg. Annual Appreciation
9.54%

Purchase Details

Listed on
Aug 15, 2018
Closed on
Feb 28, 2019
Sold by
Kip Miller
Bought by
Walls Ulysses C
Seller's Agent
Karmin Philp
Key Realty One-TC
Buyer's Agent
Sam Flamont
The Mitten Real Estate Group
List Price
$525,000
Sold Price
$400,000
Premium/Discount to List
-$125,000
-23.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.60%

Purchase Details

Closed on
Aug 26, 2015

Purchase Details

Listed on
May 24, 2012
Closed on
Jun 14, 2013
Seller's Agent
Mike Street
Coldwell Banker Schmidt Traver
Buyer's Agent
Karmin Philp
Key Realty One-TC
List Price
$445,900
Sold Price
$385,900
Premium/Discount to List
-$60,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Oct 11, 2002
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
Tr Foa L $530,000 --
Walls Ulysses C $400,000 --
-- -- --
-- $385,900 --
-- $365,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2020 10/23/20 Sold $530,000 0.0% $171 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $530,000 +32.5% $171 / Sq Ft
02/28/2019 02/28/19 Sold $400,000 -11.1% $129 / Sq Ft View Prior Sale
02/10/2019 02/10/19 Pending -- -- --
01/14/2019 01/14/19 Price Changed $450,000 -5.3% $145 / Sq Ft
01/14/2019 01/14/19 Price Changed $475,000 -5.0% $153 / Sq Ft
09/10/2018 09/10/18 Price Changed $500,000 -4.8% $161 / Sq Ft
08/15/2018 08/15/18 For Sale $525,000 +36.0% $169 / Sq Ft
06/14/2013 06/14/13 Sold $385,900 -13.5% $124 / Sq Ft View Prior Sale
05/31/2013 05/31/13 Pending -- -- --
05/24/2012 05/24/12 For Sale $445,900 -- $144 / 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 $6,803 $354,000 $0 $0
2024 $4,596 $336,700 $0 $0
2023 $4,397 $222,500 $0 $0
2022 $6,279 $237,500 $0 $0
2021 $10,078 $222,500 $0 $0
2020 $8,954 $196,900 $0 $0
2019 $5,836 $260,200 $0 $0
2018 $0 $261,600 $0 $0
2017 -- $234,200 $0 $0
2016 -- $245,300 $0 $0
2014 -- $192,700 $0 $0
2012 -- $236,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1881387

Northern Great Lakes REALTORS® MLS

APN: 05-295-010-00