NOT LISTED FOR SALE

1706 N West Silver Lake Rd Traverse City, MI 49685

Estimated Value: $366,000 - $412,000

3 Beds
1 Bath
1,180 Sq Ft
$327/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $163,000 $138 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,329/month

87 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Breakfast Area or Nook
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Forced Air Heating and Cooling System

About This Home

As of July 2016

Affordable, up north get-away, on beautiful Silver Lake, just 6 miles to Traverse City. Enjoy beautiful, expansive views, sunsets and sunrises, from this very unique, waterfront summer cottage, surrounded by other small, rustic rental cabins. The property sits at the base of the north shore of Silver Lake with 50' of direct frontage. The house has 2 storage sheds, to store all the water toys. There is a wonderful, cement patio and sandy beach front, to enjoy coffee on the beach in the morning, and a bon-fire in the evening.

Last Agent to Sell the Property

Karen Ardery

Century 21 Northland License #6501382161 Listed on: 04/18/2016

Century 21 Northland

Last Buyer's Agent

Karen Ardery

Century 21 Northland License #6501382161 Listed on: 04/18/2016

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,596

Year Built

  • Built in 1925

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50x90
  • Private Waterfront
  • 50 Feet of Waterfront
  • Dirt Road
  • Sandy Beach
  • The community has rules related to zoning restrictions

Parking

  • Carport

Home Design

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

Interior Spaces

  • 1,180 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Prospect Park Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,596

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1925
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Interior Amenities: Breakfast Nook
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 9.5x8.5, On Level: Upper Floor
  • Bedroom 2: Dimensions: 10.5x13.5, On Level: Upper Floor
  • Bedroom 3: Dimensions: 13.5x14.5, On Level: Upper Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Family Room: On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 18.5x10.5, On Level: Main Floor
  • Living Room: Dimensions: 16.5x13.5, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 1180

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Silver Lake
  • Exterior Features: Patio
  • Exterior Finish: Wood
  • Foundation: Slab
  • Number Of Acres: 0.1
  • Road: Dirt
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Gradual Slope to Water, Deeded Easement, Public Lake
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway: Dirt
  • Primary Garage: Carport

Utilities

  • Heating Cooling Types: Forced Air, Baseboard
  • Sewer: Holding Tank/Pump & Haul
  • Tv Service Internet Avail: Cable TV, Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: PROSPECT PARK

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: 50X90
  • Mineral Rights: Unknown
  • 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
Apr 18, 2016
Closed on
Jul 25, 2016
Seller's Agent
Karen Ardery
Century 21 Northland
Buyer's Agent
Karen Ardery
Century 21 Northland
List Price
$199,900
Sold Price
$163,000
Premium/Discount to List
-$36,900
-18.46%
Current Estimated Value
$385,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,720
Avg. Annual Appreciation
9.75%

Purchase Details

Closed on
Jul 29, 2009

Purchase Details

Closed on
Jun 16, 1997
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
-- $163,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2016 07/28/16 Sold $163,000 -18.5% $138 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $199,900 -- $169 / 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 $3,596 $142,100 $0 $0
2024 $2,897 $173,000 $0 $0
2023 $2,766 $70,400 $0 $0
2022 $3,342 $129,100 $0 $0
2021 $3,235 $70,400 $0 $0
2020 $2,482 $99,600 $0 $0
2019 $4,089 $115,700 $0 $0
2018 $0 $118,100 $0 $0
2017 -- $75,700 $0 $0
2016 -- $113,100 $0 $0
2014 -- $101,500 $0 $0
2012 -- $106,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1814762

Northern Great Lakes REALTORS® MLS

APN: 05-275-007-00