S
Seller's Agent in 2015
Steve Cavender
Keller Williams Northern Michigan
(231) 631-0319
4 in this area
59 Total Sales
1471 Lake Dr Traverse City, MI 49685
Estimated Value: $1,262,000 - $1,434,000
4
Beds
3.5
Baths
3,410
Sq Ft
$390/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Private Dock
- Bluff on Lot
- Deeded Waterfront Access Rights
- Sandy Beach
- Deck
About This Home
As of August 2015Get ready for summer fun at the lake! Exceptional cedar sided traditional home with breathtaking water frontage on sandy all sports Silver Lake. Generous open living spaces offer welcoming entertaining options for your family and guests, with an expansive walkout lower level equipped with second kitchen, fireplace, large office, bonus room. and storage/mechanical room. Cathedral living room has warm fieldstone fireplace and front seat views of the lake with the soaring wall of windows with crowning stained glass arch. The gourmet kitchen with granite countertops has a walk in pantry and is open to the dining area and upper deck overlooking the water. Perfect for casual entertaining! Expansive hardwood maple flooring and trim workmanship abound. The main floor master suite with fieldstone fireplace has vistas of the sparkling lake and a spacious walk in closet room. A total of 4 bedrooms, 3.5 baths, bonus room, w/ 3 gas fireplaces w/attached 3+ car heated garage.
Last Agent to Sell the Property
Keller Williams Northern Michigan License #6501386498 Listed on: 04/10/2015
Last Buyer's Agent
Brett Nichols
REMAX Bayshore - Union St TC License #6501377814
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,741
Year Built
- Built in 1999
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 100 x 200
- Private Waterfront
- 100 Feet of Waterfront
- Sandy Beach
- Bluff on Lot
- Landscaped
- Sloped Lot
- Sprinkler System
- The community has rules related to zoning restrictions
Home Design
- Ranch Style House
- Poured Concrete
- Asphalt Roof
- Wood Siding
- Shingle Siding
- Vinyl Siding
Interior Spaces
- 3,410 Sq Ft Home
- Bookcases
- Cathedral Ceiling
- Ceiling Fan
- Fireplace Features Masonry
- Gas Fireplace
- Drapes & Rods
- Blinds
- Mud Room
- Entrance Foyer
- Great Room
- Den
- Water Views
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Trash Compactor
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- Jetted Tub in Primary Bathroom
Laundry
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Windows
- Basement Window Egress
Parking
- 3 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Private Driveway
Outdoor Features
- Deeded Waterfront Access Rights
- Property is near a lake
- Private Dock
- Deck
- Covered Patio or Porch
- Rain Gutters
Schools
- Silver Lake Elementary School
- Traverse City West Middle School
- Traverse City West Senior High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Water Filtration System
- Well
- Water Softener is Owned
- Cable TV Available
Community Details
Overview
- Silver Pines Resort Community
Recreation
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2015
Closed on
Aug 20, 2015
Seller's Agent
Steve Cavender
Keller Williams Northern Michigan
Buyer's Agent
Brett Nichols
REMAX Bayshore - Union St TC
List Price
$750,000
Sold Price
$720,000
Premium/Discount to List
-$30,000
-4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$610,214
Avg. Annual Appreciation
6.21%
Purchase Details
Closed on
Jun 19, 2006
Purchase Details
Closed on
Dec 10, 2004
Purchase Details
Closed on
Aug 28, 2002
Purchase Details
Closed on
Apr 30, 1996
Purchase Details
Closed on
Jul 27, 1990
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | $720,000 | -- | |
| -- | $815,000 | -- | |
| -- | -- | -- | |
| -- | $695,000 | -- | |
| -- | $126,000 | -- | |
| -- | $79,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/24/2015 08/24/15 | Sold | $720,000 | -4.0% | $211 / Sq Ft |
| 08/24/2015 08/24/15 | Pending | -- | -- | -- |
| 04/10/2015 04/10/15 | For Sale | $750,000 | -- | $220 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $18,423 | $572,800 | $0 | $0 |
| 2024 | $14,844 | $492,900 | $0 | $0 |
| 2023 | $14,171 | $360,700 | $0 | $0 |
| 2022 | $16,844 | $380,300 | $0 | $0 |
| 2021 | $16,295 | $360,700 | $0 | $0 |
| 2020 | $16,409 | $362,100 | $0 | $0 |
| 2019 | $16,396 | $373,000 | $0 | $0 |
| 2018 | $0 | $373,200 | $0 | $0 |
| 2017 | -- | $341,100 | $0 | $0 |
| 2016 | -- | $345,700 | $0 | $0 |
| 2014 | -- | $303,700 | $0 | $0 |
| 2012 | -- | $354,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Cavender
-
B
Buyer's Agent in 2015
Brett Nichols
RE/MAX Michigan
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1797517
APN: 05-295-016-00
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.
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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