NOT LISTED FOR SALE

1530 Lake Dr Traverse City, MI 49685

Estimated Value: $405,000 - $459,000

3 Beds
2.5 Baths
1,798 Sq Ft
$240/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $238,500 $133 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,586/month

41 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Ranch Style House
  • 50 Feet of Waterfront
  • Deck
  • Great Room

About This Home

As of October 2020

This Traverse City beauty won't last long! Located on the east side of Silver Lake this 3 bedroom 2.5 bath home with 50' of shared frontage to Silver Lake is waiting for you. Looking for your 1st home? Looking to downsize from a larger home? Looking to move up to a home from a condo? This home is perfect for you!

Last Agent to Sell the Property

Jamie Grace

Century 21 Northland License #6501371829 Listed on: 09/08/2020

Century 21 Northland

Last Buyer's Agent

Thomas Cronin

Traverse Real Estate License #6502367206

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $3,834

Year Built

  • Built in 2009

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 90' x 215'
  • 50 Feet of Waterfront
  • Sandy Beach
  • Cleared Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Single Family Detached Home
  • Ranch Style House
  • Modular Prefabricated Home
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,798 Sq Ft Home
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Great Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • High Speed Internet
  • Satellite Dish
  • Cable TV Available
  • TV Antenna

Community Details

Overview

  • Silver Pines Resort Community

Recreation

  • Water Sports

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$3,834

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 2009
  • Construction: Modular/BOCA
  • Private Shared: Shared
  • Special Features: None
  • Property Sub Type: MobileManufactured
  • Stories: 1
  • Year Built: 2009

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Blinds, Drapes, Electric Water Heater
  • Interior Amenities: Walk-In Closet(s), Mud Room, Great Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14.54x16.16, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.03x12.80, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12.25x8.06, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: ComboxCombo, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12.25x14.53, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 33.88x15.82, On Level: Main Floor, Flooring: Carpet
  • Range: R 27W
  • Total Finished Sf Apx: 1798

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Porch
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 0.47
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Sandy Bottom, Public Lake
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway: Gravel

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 8.64x7.82, On Level: Main Floor, Flooring: Laminate
  • Sewer: Private Septic
  • Tv Service Internet Avail: Antenna, Cable TV, DSL, Cable Internet, Dish TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Silver Pines Resort

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared
  • Lot Dimensions: 90' x 215'
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • 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
Sep 8, 2020
Closed on
Oct 22, 2020
Sold by
Justin Mcphail
Bought by
Schumacher John W and Schumacher Barbara
Seller's Agent
Jamie Grace
Century 21 Northland
Buyer's Agent
Thomas Cronin
Traverse Real Estate
List Price
$239,900
Sold Price
$238,500
Premium/Discount to List
-$1,400
-0.58%
Current Estimated Value
$430,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,146
Avg. Annual Appreciation
12.49%

Purchase Details

Listed on
May 2, 2017
Closed on
Jun 30, 2017
Sold by
Robin Roznowski
Bought by
Mcphail Justin and Mcphail Joseph
Seller's Agent
Mike Street
Coldwell Banker Schmidt Traver
Buyer's Agent
Jennifer Frankhouse
REMAX Bayshore - Union St TC
List Price
$189,900
Sold Price
$172,500
Premium/Discount to List
-$17,400
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Jun 25, 2009

Purchase Details

Closed on
Dec 29, 2006
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
Schumacher John W $238,500 --
Mcphail Justin $172,500 --
-- $42,000 --
-- $55,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/22/2020 10/22/20 Sold $238,500 -0.6% $133 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $239,900 +39.1% $133 / Sq Ft
07/03/2017 07/03/17 Sold $172,500 -9.2% $98 / Sq Ft View Prior Sale
05/24/2017 05/24/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $189,900 -- $107 / 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 $3,834 $193,700 $0 $0
2024 $2,590 $163,400 $0 $0
2023 $2,478 $111,100 $0 $0
2022 $3,163 $118,700 $0 $0
2021 $3,001 $111,100 $0 $0
2020 $2,840 $104,600 $0 $0
2019 $2,956 $106,100 $0 $0
2018 $0 $107,400 $0 $0
2017 -- $101,600 $0 $0
2016 -- $99,000 $0 $0
2014 -- $86,600 $0 $0
2012 -- $89,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1879695

Northern Great Lakes REALTORS® MLS

APN: 05-295-055-00