NOT LISTED FOR SALE

16058 Silver Lake Ln Addison, MI 49220

Estimated Value: $782,000 - $886,033

4 Beds
4 Baths
2,380 Sq Ft
$349/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $435,000 $183 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,043/month

19 Days on Market

Highlights

  • Dock Facilities
  • Contemporary Architecture
  • Jetted Tub in Primary Bathroom
  • Home fronts a canal
  • Wooded Lot
  • No HOA

About This Home

As of July 2016

This beautiful waterfront home offers spectacular views of Silver Lake from all 3 levels while still maintaining privacy with a wooded lot! This private all sports lake holds the reputation for being the cleanest lake in Irish Hills area. The interior offers an open concept with vaulted ceilings and engineered hardwood throughout the great room, kitchen, and dining that opens up to the wrap around deck. Custom kitchen includes soft close maple cabinets, quartz counter tops, raised island, and stainless hood vent from Italy. The great room has cultured stone wood burning fireplace with 100+ yr old reclaimed wood mantel. Main level also includes master suite, laundry, powder room, and an optional sauna. Upper level has 2 spacious bedrooms, powder room, and open area for extra living space. Finished basement offers a full walkout to patio and daylight windows facing the lake. Other features include radiant floor heat on all levels, water filtration system, and is hard wired for generator.

Last Agent to Sell the Property

Jennifer Tait

Oak and Stone Real Estate License #6502431506 Listed on: 05/05/2016

Last Buyer's Agent

CYNTHIA LIVERMORE

ERA REARDON - BROOKLYN License #6502350135

ERA REARDON - BROOKLYN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 2013

Lot Details

  • 1.19 Acre Lot
  • Lot Dimensions are 144 x 400 x 144 x 397
  • Home fronts a canal
  • Property fronts an easement
  • Irregular Lot
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Asphalt Roof
  • Stone Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,380 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Natural lighting in basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Dock Facilities
  • Boat Facilities
  • Balcony
  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number WD0116232500

Community Details

Overview

  • No Home Owners Association
  • Robert Bowers Association, Phone Number (419) 509-5321

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,977

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Contemporary
  • Architecture Level: 1 1/2 Story
  • Year Built: 2013
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Great Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Daylight, Finished, Walkout Access
  • Kitchen Appliances: Dishwasher, Disposal, Microwave
  • Sq Ft Combined: 3480
  • Sq Ft Lower Floor: 1100
  • Total Sq Ft: 2380
  • Sq Ft Total Bsmt: 1700

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Silver Lake
  • Waterfront: Yes
  • Foundation Details: Basement
  • Construction Materials: Stone, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 120
  • Porch Type: Balcony, Patio, Porch
  • Road Frontage Type: Gravel
  • Waterfront Description: Canal Front

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: 2+ Assigned Spaces, Attached, Door Opener, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Radiant
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: Natural Gas
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Phone: 419-509-5321
  • Association Contact: Robert Bowers
  • Association Fee: No

Schools

  • School District: Columbia

Lot Info

  • Homestead: Yes
  • List Price per Acre: 378067.2269
  • Lot Features: Easement, Irregular, Water View, Wooded
  • Lot Size Area: 1.19
  • Lot Dimensions: 144 X 400 X 144 X 397
  • Parcel Number: WD0116232500

Tax Info

  • Tax Amount Summer: 2054.0000
  • Tax Amount Winter: 923.0000
  • Total Tax: 2977.0000

Multi Family

  • Waterfront Features: All Sports Lake, Boat Facilities, Dock Facilities

MLS Schools

  • School District: Columbia

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
Jul 21, 2016
Sold by
The Joseph M Sommer Revocable Living Tru
Bought by
Cullen Brad J and Cullen Rhawnie C
Seller's Agent
Jennifer Tait
Oak and Stone Real Estate
Buyer's Agent
CYNTHIA LIVERMORE
ERA REARDON - BROOKLYN
List Price
$449,900
Sold Price
$435,000
Premium/Discount to List
-$14,900
-3.31%
Current Estimated Value
$831,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,758
Avg. Annual Appreciation
7.40%
Original Mortgage
$413,250
Outstanding Balance
$331,460
Interest Rate
3.56%
Mortgage Type
VA
Estimated Equity
$500,298

Purchase Details

Closed on
May 30, 1988
Bought by
Sommer Joseph
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
Cullen Brad J $435,000 None Available
Sommer Joseph $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullen Brad J $413,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $435,000 -3.3% $183 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $449,900 -- $189 / Sq Ft
Source: Realcomp

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 $6,133 $453,900 $0 $0
2024 $3,363 $453,600 $0 $0
2023 -- $400,500 $0 $0
2022 $5,926 $0 $0 $0
2021 $4,321 $273,900 $0 $0
2020 $4,206 $246,600 $0 $0
2019 $369,694 $246,600 $0 $0
2018 $369,694 $152,125 $0 $0
2017 $3,958 $154,257 $0 $0
2016 $2,978 $153,102 $0 $0
2014 -- $147,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Tait

    Seller's Agent in 2016

    Jennifer Tait

    Oak and Stone Real Estate

    (248) 462-3050

    93 Total Sales

    Section Image
  • CYNTHIA LIVERMORE

    Buyer's Agent in 2016

    CYNTHIA LIVERMORE

    ERA REARDON - BROOKLYN

    (517) 414-5464

    26 Total Sales

    Section Image
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Map

Source: Realcomp

MLS Number: 216043133

Realcomp

APN: WD0-116-2325-00

Michigan Lenawee County Addison 49220

16058 Silver Lake Ln, Addison, MI

This home is located at 16058 Silver Lake Ln, Addison, MI 49220 since 05 May 2016 and is currently estimated at $831,758, approximately $349 per square foot. This property was built in 2013. 16058 Silver Lake Ln is a home located in Lenawee County with nearby schools including Columbia Lower Elementary School, Columbia Upper Elementary School, and Columbia Central Jr./Sr. High School.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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