NOT LISTED FOR SALE

197 Roman Dr Traverse City, MI 49685

Estimated Value: $673,000 - $851,000

3 Beds
2 Baths
2,246 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $402,500 $179 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,312/month

359 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Bluff on Lot
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Deck

About This Home

As of August 2019

Sunsets over beautiful Silver Lake are your views from this nicely updated 3BR/2BA ranch home on Traverse City's SW side. Updates in 2018 includes new roof, water softener and floor coverings. All sliders/windows have been replaced. 100' of west-facing frontage w/dock, sandy bottom & quick drop-off make for great swimming, fishing & boating on this 600 acre all-sports lake. Clean, nicely-maintained home sits in a great location at the end of a cul-de-sac, adjacent to an undeveloped wooded lot (to the north) offering peace & privacy. Beautiful elevated water views from nearly every room, including the large living area, combo kitchen/dining area, 2 of the 3 bedrooms, & even from the full walkout blank canvas lower level . Great outdoor spaces for relaxing, dining & entertaining on the covered deck & concrete patio below, plus lots of room for gardening/landscaping on the large sunny lot. Just 5 miles to downtown Traverse City for shopping, dining, entertainment, hospital & summer festivals.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 08/18/2018

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Renae Hansen

Century 21 Northland License #6506044076

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,686

Year Built

  • Built in 1971

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 101x166
  • Private Waterfront
  • 101 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Bluff on Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,246 Sq Ft Home
  • Fireplace Features Masonry
  • Entrance Foyer
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

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

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • Paradise Point Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,686

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1971
  • Construction: Frame
  • Private Shared: Private
  • Univs Design Barrier Free: Main Floor Access
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1971

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13x11'4, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12'10x8'10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12x8, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 13'10x11'10, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 26x21'10, On Level: Lower Floor, Flooring: Concrete
  • Kitchen: Dimensions: 9'8x7'10, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 22'8x15, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 29x24, On Level: Lower Floor, Flooring: Concrete
  • Range: R 11W
  • Total Finished Sf Apx: 2246

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Patio, Sidewalk, Porch
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Block, Entrance Outside, Finished Rooms, Egress Windows, Entrance Inside
  • Number Of Acres: 0.38
  • Road: Cul-de-Sac, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Bluff (less than 10ft), Vegetation to Water Edge, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 101

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 4
  • Primary Garage: Detached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Masonry
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Paradise Point

Lot Info

  • Lot Number: 1
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Cleared, Level, Sloping
  • Lot Dimensions: 101x166
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Traverse City Area Public Schools

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2018
Closed on
Jul 12, 2019
Sold by
Michael Orden
Bought by
Renault Adam and Renault Christine
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Renae Hansen
Century 21 Northland
List Price
$489,000
Sold Price
$402,500
Premium/Discount to List
-$86,500
-17.69%
Current Estimated Value
$729,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,127
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
Apr 22, 2015

Purchase Details

Closed on
Feb 24, 2009
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
Renault Adam $402,500 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2019 08/12/19 Sold $402,500 -5.3% $179 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
07/11/2019 07/11/19 Price Changed $424,900 -5.6% $189 / Sq Ft
05/16/2019 05/16/19 Price Changed $449,900 -5.3% $200 / Sq Ft
10/02/2018 10/02/18 Price Changed $475,000 -2.9% $211 / Sq Ft
08/18/2018 08/18/18 For Sale $489,000 +55.2% $218 / Sq Ft
04/11/2018 04/11/18 Sold $315,000 -20.3% $222 / Sq Ft View Prior Sale
09/22/2017 09/22/17 For Sale $395,000 -- $279 / 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 $5,686 $303,900 $0 $0
2024 $3,841 $297,700 $0 $0
2023 $3,675 $206,600 $0 $0
2022 $5,259 $205,600 $0 $0
2021 $5,087 $206,600 $0 $0
2020 $5,044 $183,400 $0 $0
2019 $4,283 $151,100 $0 $0
2018 $0 $159,300 $0 $0
2017 -- $172,100 $0 $0
2016 -- $145,700 $0 $0
2014 -- $130,700 $0 $0
2012 -- $172,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1851643

Northern Great Lakes REALTORS® MLS

APN: 05-270-001-00