NOT LISTED FOR SALE

185 S West Silver Lake Rd Traverse City, MI 49685

Estimated Value: $445,000 - $565,000

2 Beds
1 Bath
672 Sq Ft
$727/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $284,000 $423 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,266/month

81 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Countryside Views
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Cottage

About This Home

As of October 2019

Nothing beats "cottage living" during the summer in Traverse City! Waking up with the sunrise to sip a hot coffee on your private dock overlooking Silver Lake. This is a magnificent location. This 2BD|1BA cottage has so much charm, so much privacy and so much beach front!!! The picturesque views are enjoyed in the cooler months by the fireplace in the living room. This cottage makes a perfect summer get-away or rental income property. A must see for sure.

Last Agent to Sell the Property

Jennifer Hastings

Key Realty One-TC License #6501391762 Listed on: 06/29/2019

Key Realty One-TC

Last Buyer's Agent

Jennifer Hastings

Key Realty One-TC License #6501391762 Listed on: 06/29/2019

Key Realty One-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,253

Year Built

  • Built in 1960

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 173x87
  • Private Waterfront
  • 94 Feet of Waterfront
  • Property fronts an easement
  • Sandy Beach
  • Sloped Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Roof
  • Asbestos Siding
  • Shingle Siding

Interior Spaces

  • 672 Sq Ft Home
  • Fireplace
  • Countryside Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock

Utilities

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

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,253

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage
  • Estimated Year Built: 1960
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 6
  • Year Updated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave
  • Interior Amenities: Island Kitchen
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12x12, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 12x12, On Level: Main Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: No
  • Kitchen: Dimensions: Combox14, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 14xCombo, On Level: Main Floor, Flooring: Laminate
  • Estimated Above Ground Finished Sq Ft: 672
  • Price Per Sq Ft: 422.62
  • Range: R 11W
  • Total Finished Sf Apx: 672

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Countryside View
  • Exterior Finish: Shingle, Asbestos
  • Foundation: Crawl Space
  • Number Of Acres: 0.37
  • Road: Private Owned
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock, Sandy Bottom, Deeded Easement, Sandy Shoreline
  • Waterfront Frontage: 94

Garage/Parking

  • Driveway: Gravel, Easement

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Sloping
  • Lot Dimensions: 173x87
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • 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
Jun 29, 2019
Closed on
Oct 7, 2019
Sold by
Youth With A Mission
Bought by
Plewinski Alex and Plewinski Amy
Seller's Agent
Jennifer Hastings
Key Realty One-TC
Buyer's Agent
Jennifer Hastings
Key Realty One-TC
List Price
$270,000
Sold Price
$284,000
Premium/Discount to List
$14,000
5.19%
Current Estimated Value
$488,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,558
Avg. Annual Appreciation
7.22%
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
Plewinski Alex $284,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $284,000 -2.1% $423 / Sq Ft
09/18/2019 09/18/19 Pending -- -- --
08/15/2019 08/15/19 Price Changed $290,000 +7.4% $432 / Sq Ft
06/29/2019 06/29/19 For Sale $270,000 -- $402 / 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 $7,253 $174,900 $0 $0
2024 $5,720 $158,300 $0 $0
2023 $5,430 $143,000 $0 $0
2022 $6,664 $144,500 $0 $0
2021 $6,407 $143,000 $0 $0
2020 $6,467 $142,300 $0 $0
2019 $7,214 $156,000 $0 $0
2018 $6,417 $160,200 $0 $0
2017 -- $147,500 $0 $0
2016 -- $129,700 $0 $0
2014 -- $122,900 $0 $0
2012 -- $112,604 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1863681

Northern Great Lakes REALTORS® MLS

APN: 02-006-040-30