NOT LISTED FOR SALE

1455 Lake Dr Traverse City, MI 49685

Estimated Value: $1,013,000

4 Beds
3.5 Baths
3,148 Sq Ft
$322/Sq Ft Est. Value

Last Sold October 28, 2020

Last sale price $825,000 $262 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $6,342/month

5 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Spa
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Bluff on Lot

About This Home

As of October 2020

Beautiful sunset views from high above on the perfect spot on Silver Lake. Enjoy 100 feet of private sandy beach frontage. Hike, bike, and run on the trails of nearby Silver Lake Park, easily accessible to the neighborhood. Enjoy water front views from almost every angle of this 4 bed/3.5 bath home with open floor plan on the main level, ideal for entertaining. A 3-stall garage and ample basement storage accommodates large families with many toys. Outdoor living space includes a trex deck off the main living space, cedar deck overlooking the sunset on the beautiful north end of Silver Lake, side patio ideal for a yoga space, and a well equipped play structure for kids. New appliances and fixtures recently installed include: hot water heater in 2015; roofing in 2017, high efficiency furnace in 2017, washer/dryer in 2018, dishwasher in 2019. Dock, boat, hoist, and swim raft additionally negotiable in purchase price.

Last Agent to Sell the Property

Jeffry Kermath

KERMATH REALTY LLC Listed on: 09/06/2020

Last Buyer's Agent

Kristine Shacklette

Century 21 Northland License #6501361952

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,624

Year Built

  • Built in 1997

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 100x90
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,148 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Rods
  • Entrance Foyer
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Tiered Deck
  • Rain Gutters

Schools

  • Central Grade Elementary School
  • Traverse City West Middle School
  • Traverse City West Senior High School

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Silver Pines Resort Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,624

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1997
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1997

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Hot Tub, Blinds, Curtain Rods, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Wet Bar, Island Kitchen, Game Room, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15x13, On Level: Main Floor, Flooring: Vinyl
  • Bedroom 2: Dimensions: 11x11, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x11, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 15x10, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 24x15, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 30x20, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 26x24, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 3148

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Sprinkler System, Multi-Level Decking, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Daylight Windows, Finished Rooms
  • Lake Size: 600 Acres
  • Number Of Acres: 0.43
  • Road: Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock, Sandy Bottom, Public Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air, Humidifier
  • Laundry: Dimensions: 8x5, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Silver Pines Resort

Lot Info

  • Lot Number: 14,15
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Bluff Site
  • Lot Dimensions: 100x90
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 5753
  • Total Taxes: 8624
  • Winter Taxes: 2871
  • Year Winter: 2019

MLS Schools

  • Elementary School: Central Grade School
  • HighSchool: Traverse City West Senior High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City West Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
Oct 15, 2013
Seller's Agent
Ken Kleinrichert
@properties Christie's Int'l
Buyer's Agent
Ken Kleinrichert
@properties Christie's Int'l
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Current Estimated Value
$1,013,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,000

Purchase Details

Closed on
Jun 28, 1994
Source: Public Records

Range of Values:

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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
-- $600,000 --
-- $83,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2020 10/28/20 Sold $825,000 +3.8% $262 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/11/2020 09/11/20 For Sale $795,000 -3.6% $253 / Sq Ft
09/10/2020 09/10/20 Off Market $825,000 -- --
09/06/2020 09/06/20 For Sale $795,000 +32.5% $253 / Sq Ft
10/15/2013 10/15/13 Sold $600,000 -7.7% $191 / Sq Ft View Prior Sale
09/13/2013 09/13/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $650,000 -- $206 / 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
2023 -- $347,300 $0 $0
2022 $9,763 $382,900 $0 $0
2021 $9,441 $347,300 $0 $0
2020 $8,546 $312,500 $0 $0
2019 $8,688 $329,400 $0 $0
2018 $0 $328,200 $0 $0
2017 -- $296,600 $0 $0
2016 -- $324,200 $0 $0
2014 -- $302,000 $0 $0
2012 -- $287,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1879639

Northern Great Lakes REALTORS® MLS

APN: 05-295-014-00