NOT LISTED FOR SALE

1898 N West Silver Lake Rd Traverse City, MI 49685

Estimated Value: $792,000 - $1,681,356

4 Beds
2 Baths
2,128 Sq Ft
$628/Sq Ft Est. Value

Last Sold August 02, 2013

Last sale price $355,000 $167 Per Sq Ft

Est. 276% increase in value since last sale

Current estimated payment $7,915/month

103 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Second Garage
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • 1.12 Acre Lot

About This Home

As of August 2013

One-of-a-kind waterfront property - 1+ Acre Estate parcel with towering hardwoods. Level lot with wide sandy beach and views down entire lake. Large open yard. 4 Bedroom / 2 bath Brick Ranch with walk-out basement. Original flagstone fireplace in family room. Hardwood floors on main level. Home needs some updating.

Last Agent to Sell the Property

Michael Mitchell

REO-TCRandolph-233022 License #6501200118 Listed on: 03/20/2013

REO-TCRandolph-233022

Last Buyer's Agent

Teddy Lockwood

REMAX Bayshore - W Bay Shore Dr TC License #6501288015

REMAX Bayshore - W Bay Shore Dr TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,074

Year Built

  • Built in 1955

Lot Details

  • 1.12 Acre Lot
  • Private Waterfront
  • 100 Feet of Waterfront
  • Dirt Road
  • Sandy Beach
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Fixer Upper
  • Brick Exterior Construction
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,128 Sq Ft Home
  • Bookcases
  • Paneling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Workshop
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows
  • Basement Window Egress

Parking

  • 2 Car Garage
  • Second Garage
  • Heated Garage
  • Garage Door Opener
  • Circular Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Lake Privileges
  • Deck
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,074

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Percent Of Remodel: 60
  • Estimated Year Built: 1955
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Univs Design Barrier Free: Main Floor Access, Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Water Softener Owned, Washer, Dryer, Cook Top, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Pantry, Breakfast Nook, Fixer-Upper, Formal Dining Room, Den/Study, Workshop, Drywall, Paneling
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 10.00x14.00, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: On Level: Main Floor, Flooring: Wood
  • Bedroom 3: On Level: Main Floor, Flooring: Wood
  • Bedroom 4: On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 10.00x13.00, On Level: Main Floor, Flooring: Laminate
  • Family Room: On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 10x10, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 13.00x19.00, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 2128

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Workshop, Secondary Garage(s)
  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Patio, Covered Porch, Gutters
  • Exterior Finish: Brick
  • Foundation: Full, Walkout, Block, Daylight Windows, Entrance Outside, Finished Rooms, Egress Windows, Plumbed for Bath
  • Lake Size: 600
  • Number Of Acres: 1.12
  • Road: Private Owned, Gravel, Dirt, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Blacktop, Circular, Private
  • Garage Capacity: 2
  • Primary Garage: Attached, Detached, Door Opener, Paved Driveway, Heated, Finished Rooms

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air, Central Air, Zoned/Dual
  • Laundry: On Level: Lower Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Metes & Bounds

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Level, Sloping
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Building-Use Restrictions, Rental History, Outbuildings Allowed

Tax Info

  • Summer Taxes: 4057.55
  • Total Taxes: 5073.83
  • Winter Taxes: 1016.28
  • Year Winter: 2012

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2013
Closed on
Aug 2, 2013
Seller's Agent
Michael Mitchell
REO-TCRandolph-233022
Buyer's Agent
Teddy Lockwood
REMAX Bayshore - W Bay Shore Dr TC
List Price
$439,900
Sold Price
$355,000
Premium/Discount to List
-$84,900
-19.3%
Current Estimated Value
$1,335,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$980,785
Avg. Annual Appreciation
11.43%

Purchase Details

Closed on
May 3, 1994
Source: Public Records

Range of Values:

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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
-- $355,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2013 08/02/13 Sold $355,000 -19.3% $167 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
03/20/2013 03/20/13 For Sale $439,900 -- $207 / 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 $10,656 $711,300 $0 $0
2024 $7,198 $569,500 $0 $0
2023 $6,888 $388,100 $0 $0
2022 $9,797 $410,700 $0 $0
2021 $9,473 $388,100 $0 $0
2020 $9,392 $343,700 $0 $0
2019 $9,477 $351,600 $0 $0
2018 $0 $181,300 $0 $0
2017 -- $234,100 $0 $0
2016 -- $198,400 $0 $0
2014 -- $178,100 $0 $0
2012 -- $194,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1742951

Northern Great Lakes REALTORS® MLS

APN: 05-030-004-10