NOT LISTED FOR SALE

1476 Lake Dr Traverse City, MI 49685

Estimated Value: $379,703 - $397,000

2 Beds
2 Baths
1,392 Sq Ft
$278/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $162,500 $117 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,269/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Deck
  • 100 Feet of Waterfront
  • Lake Privileges
  • Mud Room

About This Home

As of September 2016

Traverse City Silver Lake Shared Waterfront Access, Charming 1,392 sq ft two story home with two bedrooms and two baths has a private fenced in spacious yard and is located on a quiet street that is just steps away from the beach. Enjoy the wonderful open floor plan with hardwood floors throughout and just painted interior walls . Features include a gas fireplace, large bedrooms, tiled bathrooms, central air, one car, lawn irrigation and deck. Close to the wonderful Garfield twp recreational park and the new YMCA. This is a great find!

Last Agent to Sell the Property

Carolyn Collins

Century 21 Northland License #6506043263 Listed on: 08/06/2016

Century 21 Northland

Last Buyer's Agent

Carolyn Collins

Century 21 Northland License #6506043263 Listed on: 08/06/2016

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,767

Year Built

  • Built in 1954

Lot Details

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

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Gas Fireplace
  • Mud Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

  • Silver Pines Resort Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,767

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1954
  • Construction: Frame
  • Private Shared: Shared
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1954

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Built-In Bookcase, Walk-In Closet(s), Pantry, Mud Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12x18, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12x17, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room: Dimensions: 10x15, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 13x13, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 17x12, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 1392

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Deck
  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Number Of Acres: 0.42
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, Sandy Shoreline
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Attached, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s), Insert, Gas, Masonry
  • Heating Cooling Types: Forced Air, Central Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Silver Pines Resort

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: .42 acres
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2016
Closed on
Sep 9, 2016
Seller's Agent
Carolyn Collins
Century 21 Northland
Buyer's Agent
Carolyn Collins
Century 21 Northland
List Price
$162,500
Sold Price
$162,500
Current Estimated Value
$387,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,926
Avg. Annual Appreciation
9.97%

Purchase Details

Closed on
Jul 2, 2007

Purchase Details

Closed on
May 24, 2004

Purchase Details

Closed on
Feb 11, 2000

Purchase Details

Closed on
Apr 30, 1997
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
-- $162,500 --
-- $158,000 --
-- $135,000 --
-- $103,000 --
-- $74,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2016 09/09/16 Sold $162,500 0.0% $117 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
08/06/2016 08/06/16 For Sale $162,500 -- $117 / 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 $2,767 $151,100 $0 $0
2024 $1,869 $131,800 $0 $0
2023 $1,789 $98,200 $0 $0
2022 $2,529 $104,300 $0 $0
2021 $2,445 $98,200 $0 $0
2020 $2,424 $92,400 $0 $0
2019 $2,443 $87,600 $0 $0
2018 $0 $91,000 $0 $0
2017 -- $83,900 $0 $0
2016 -- $82,000 $0 $0
2014 -- $71,600 $0 $0
2012 -- $73,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1821409

Northern Great Lakes REALTORS® MLS

APN: 05-295-060-00