NOT LISTED FOR SALE

2865 Silver Farms Ln Traverse City, MI 49684

Estimated Value: $486,000 - $588,000

3 Beds
3.5 Baths
2,500 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $349,900 $140 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,208/month

87 Days on Market

Highlights

  • Deck
  • Great Room
  • Mud Room
  • Vaulted Ceiling
  • Granite Countertops
  • Breakfast Area or Nook

About This Home

As of June 2020

Just minutes to downtown Traverse City, shopping and dining, this beautifully maintained home, in popular Silver Farms, is move-in ready, with lots of great spaces throughout. It includes a large great room, cozy living room, 3 bedrooms, 3.5 baths, and a walkout, lower level workshop and additional space, that could easily be converted to a 4th bedroom. Some other great features include granite counter tops, stainless steel appliances, walk-in closet in the master, large entry level laundry room/exercise space with a slider, leading out to a lovely patio and deck, to enjoy the quiet surroundings. This home was extensively remodeled in 2011/12, adding a new kitchen, and a master bath, newer flooring and fresh paint as well. You will find this home to be welcoming, comfortable, and easy to enjoy.

Last Agent to Sell the Property

Karen Ardery

Century 21 Northland License #6501382161 Listed on: 03/22/2020

Century 21 Northland

Last Buyer's Agent

Rebecca Schubert

The Mitten Real Estate Group License #6501338744

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,544

Year Built

  • Built in 1987

Lot Details

  • 0.86 Acre Lot
  • Lot Dimensions are 345 x 110
  • Landscaped
  • Lot Has A Rolling Slope
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

  • Wood Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,500 Sq Ft Home
  • Vaulted Ceiling
  • Gas Fireplace
  • Bay Window
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

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

Community Details

  • Silver Lake Farms Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,544

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Quad
  • Estimated Year Built: 1987
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1987

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer, Exhaust Fan
  • Interior Amenities: Bay Window(s), Foyer Entrance, Walk-In Closet(s), Breakfast Nook, Granite Kitchen Tops, Mud Room, Great Room, Workshop, Vaulted Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14x14, On Level: Upper Floor
  • Bedroom 2: Dimensions: 10x13, On Level: Upper Floor
  • Bedroom 3: Dimensions: 9x11, On Level: Upper Floor
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 20x19, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 12x12, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 26x14, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 2500

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Patio, Sidewalk, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Wood
  • Number Of Acres: 0.86
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 10x10, On Level: Lower Floor, Flooring: Laminate
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: SILVER LAKE FARMS

Lot Info

  • Land Features: Rolling, Sloping
  • Lot Dimensions: 345 X 110
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • 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
Mar 22, 2020
Closed on
Jun 30, 2020
Sold by
Kurt Hein
Bought by
Oxley Christopher and Hickman Lisa
Seller's Agent
Karen Ardery
Century 21 Northland
Buyer's Agent
Rebecca Schubert
The Mitten Real Estate Group
List Price
$374,900
Sold Price
$349,900
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$537,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,904
Avg. Annual Appreciation
8.32%
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
Oxley Christopher $349,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2020 06/30/20 Sold $349,900 -1.4% $140 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
05/23/2020 05/23/20 Price Changed $354,900 -5.3% $142 / Sq Ft
03/22/2020 03/22/20 For Sale $374,900 -- $150 / 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 $4,544 $246,200 $0 $0
2024 $3,069 $212,400 $0 $0
2023 $2,937 $145,700 $0 $0
2022 $4,148 $153,500 $0 $0
2021 $3,932 $145,700 $0 $0
2020 $2,747 $147,100 $0 $0
2019 $1,864 $133,800 $0 $0
2018 $0 $123,700 $0 $0
2017 -- $116,700 $0 $0
2016 -- $113,700 $0 $0
2014 -- $108,400 $0 $0
2012 -- $88,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Ardery

    Seller's Agent in 2020

    Karen Ardery

    Century 21 Northland

    (231) 357-3584

    6 in this area

    59 Total Sales

    Karen Ardery
    Section Image
  • Rebecca Schubert

    Buyer's Agent in 2020

    Rebecca Schubert

    The Mitten Real Estate Group

    (231) 631-7459

    1 in this area

    31 Total Sales

    Rebecca Schubert
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1873217

Northern Great Lakes REALTORS® MLS

APN: 05-287-003-00

Michigan Grand Traverse County Traverse City 49684

2865 Silver Farms Ln, Traverse City, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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