NOT LISTED FOR SALE

2843 Silver Farms Ln Traverse City, MI 49684

Estimated Value: $542,000 - $558,000

4 Beds
3.5 Baths
2,455 Sq Ft
$224/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $312,000 $127 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,245/month

65 Days on Market

Highlights

  • 1.11 Acre Lot
  • Contemporary Architecture
  • Cathedral Ceiling
  • Tiered Deck
  • Wooded Lot
  • Granite Countertops

About This Home

As of August 2019

This renovated home offers privacy within minutes of downtown Traverse City! Over 1 acre lot with 4 beds and 3.5 baths, 2,400 square feet and lots of outdoor space to roam through the woods. Home features granite kitchen counter tops, maple kitchen cabinets, stainless steel appliances, all remodeled bathrooms, hardwood and bamboo floors. Enjoy the backyard with a beautiful stone patio and firepit that will be great for entertaining or a cookout. The lower level offers your larger family or guests their own space.

Last Agent to Sell the Property

Cherie Robinson

Century 21 Northland License #6501317057 Listed on: 05/02/2019

Century 21 Northland

Last Buyer's Agent

Anne Perry

Up North Properties License #6501338741

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,198

Year Built

  • Built in 1986

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 146 x 331
  • Landscaped
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Tri-Level Property
  • Wood Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,455 Sq Ft Home
  • Cathedral Ceiling
  • Drapes & Rods
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Tiered Deck
  • Covered Patio or Porch

Schools

  • Traverse City West Middle School
  • Traverse City West Senior High School

Utilities

  • Baseboard Heating
  • Well
  • Water Softener Leased
  • Cable TV Available

Community Details

  • Silver Farms Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,198

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Tri-Level, Contemporary
  • Estimated Year Built: 1986
  • Construction: Frame
  • Principal Residence: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Drapes, Curtain Rods, Water Softener Rented, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Granite Kitchen Tops
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 16x14, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 13x12, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 12x12, On Level: Upper Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 15x15, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 15x11, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 17x14, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14x10, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 26x18, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 2455

Exterior Features

  • Exterior Features: Deck, Multi-Level Decking, Patio, Covered Porch, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Partial, Wood, Finished Rooms
  • Number Of Acres: 1.11
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Concrete Floors

Utilities

  • Heating Cooling Types: Hot Water, Baseboard
  • Laundry: On Level: Lower Floor, Flooring: Other
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Silver Farms

Lot Info

  • Land Features: Wooded, Sloping
  • Lot Dimensions: 146 x 331
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • HighSchool: Traverse City West Senior High School
  • School District: Traverse City Area Public Schools
  • Middle School: Traverse City West Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Aug 2, 2019
Sold by
Parker Christopher D
Bought by
Kellogg Micharl R and Hickman Natalie
Seller's Agent
Cherie Robinson
Century 21 Northland
Buyer's Agent
Anne Perry
Up North Properties
List Price
$327,500
Sold Price
$312,000
Premium/Discount to List
-$15,500
-4.73%
Current Estimated Value
$550,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,195
Avg. Annual Appreciation
9.50%

Purchase Details

Listed on
May 3, 2017
Closed on
Jul 27, 2017
Sold by
T & M Holdings Llc
Bought by
Parker Christopher D and Parker Laura
Seller's Agent
Sam Flamont
The Mitten Real Estate Group
Buyer's Agent
Sharon Sutherland
Century 21 Northland
List Price
$328,000
Sold Price
$300,000
Premium/Discount to List
-$28,000
-8.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.96%

Purchase Details

Listed on
Jan 23, 2017
Closed on
Feb 24, 2017
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Sam Flamont
The Mitten Real Estate Group
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.92%

Purchase Details

Closed on
Mar 27, 2006

Purchase Details

Closed on
Mar 19, 1999
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kellogg Micharl R $312,000 --
Parker Christopher D $300,000 --
-- $210,000 --
-- $225,000 --
-- $195,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2019 08/02/19 Sold $312,000 -4.7% $127 / Sq Ft
05/02/2019 05/02/19 For Sale $327,500 +9.2% $133 / Sq Ft
07/27/2017 07/27/17 Sold $300,000 -8.5% $122 / Sq Ft View Prior Sale
06/27/2017 06/27/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $328,000 +56.2% $134 / Sq Ft
03/02/2017 03/02/17 Sold $210,000 -6.7% $93 / Sq Ft View Prior Sale
01/27/2017 01/27/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $225,000 -- $100 / 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 $4,198 $250,600 $0 $0
2024 $2,836 $217,200 $0 $0
2023 $2,714 $137,300 $0 $0
2022 $3,833 $153,200 $0 $0
2021 $3,705 $137,300 $0 $0
2020 $3,733 $137,600 $0 $0
2019 $2,337 $130,000 $0 $0
2018 $0 $121,700 $0 $0
2017 -- $146,200 $0 $0
2016 -- $142,500 $0 $0
2014 -- $109,600 $0 $0
2012 -- $98,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1860311

Northern Great Lakes REALTORS® MLS

APN: 05-287-002-00