NOT LISTED FOR SALE

2947 Silver Farms Ln Traverse City, MI 49684

Estimated Value: $504,000 - $558,000

3 Beds
1.5 Baths
2,016 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $255,000 $126 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,093/month

28 Days on Market

Highlights

  • Colonial Architecture
  • Wooded Lot
  • Granite Countertops
  • Deck
  • Great Room
  • Covered Patio or Porch

About This Home

As of August 2016

FAMILY home, FAMILY subdivision....Traditional home fits all needs. Open floor plan includes great room, dining room & large kitchen with granite counters, white cabinets in U shape style. Stunning landscaped yard offers water scape, plantings with continues blooms & was featured on the annual garden tour. Master + 2 ample sized bedrooms on upper level with large bathroom. Lower level has multi built in cabinet in large family room & functional work room w/storage. The 2 car detached garage has covered breeze way to house. Over sized garage is finished & has double garage doors opening to the back yard for easy access to back yard. Truly best feature is the southern styled wrap around porch for leisure summer days. This home is full of seller's attention to details.

Last Agent to Sell the Property

Beccy Janis

Coldwell Banker Schmidt-522 License #6501320428 Listed on: 07/05/2016

Coldwell Banker Schmidt-522

Last Buyer's Agent

Amy Green

REO-TCRandolph-233022 License #6501327055

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 1987

Lot Details

  • 0.64 Acre Lot
  • Lot Dimensions are 102x279
  • Landscaped
  • Sloped Lot
  • Sprinkler System
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,016 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Blinds
  • Bay Window
  • Entrance Foyer
  • Great Room
  • Workshop
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Silver Lake Farms Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,225

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Colonial
  • Estimated Year Built: 1987
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1987
  • Year Renovated: 2015

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Blinds, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Bay Window(s), Foyer Entrance, Granite Kitchen Tops, Island Kitchen, Great Room, Workshop, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14.5x13.4, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 9.4x12.5, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12.8x9.11, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 12.4x6.7, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 11.3x13.9, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 27.9x14.3, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 23.10x13.9, On Level: Lower Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 2016

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Sidewalk, Covered Porch, Landscaped, Garden Area
  • Exterior Finish: Vinyl
  • Foundation: Entrance Inside, Finished Rooms, Full, Poured Concrete
  • Number Of Acres: 0.64
  • Road: Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Detached, Finished Rooms, Door Opener, Paved Driveway

Utilities

  • Heating Cooling Types: Baseboard
  • Laundry: Dimensions: 10x10, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Silver Lake Farms

Lot Info

  • Lot Number: 7
  • Land Features: Wooded-Hardwoods, Sloping
  • Lot Dimensions: 102x279
  • 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
Jul 5, 2016
Closed on
Aug 29, 2016
Seller's Agent
Beccy Janis
Coldwell Banker Schmidt-522
Buyer's Agent
Amy Green
REO-TCRandolph-233022
List Price
$289,000
Sold Price
$255,000
Premium/Discount to List
-$34,000
-11.76%
Current Estimated Value
$521,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,240
Avg. Annual Appreciation
8.11%

Purchase Details

Closed on
May 1, 2015

Purchase Details

Closed on
Aug 21, 2011

Purchase Details

Closed on
Oct 27, 2001
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
-- $255,000 --
-- -- --
-- -- --
-- $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $255,000 -11.8% $126 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $289,000 -- $143 / 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 $4,225 $252,500 $0 $0
2024 $2,854 $212,900 $0 $0
2023 $2,731 $161,000 $0 $0
2022 $3,857 $158,100 $0 $0
2021 $3,729 $161,000 $0 $0
2020 $3,696 $165,400 $0 $0
2019 $2,508 $149,900 $0 $0
2018 $0 $144,900 $0 $0
2017 -- $127,900 $0 $0
2016 -- $110,400 $0 $0
2014 -- $103,600 $0 $0
2012 -- $97,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Beccy Janis

    Coldwell Banker Schmidt-522

    Section Image

  • A

    Buyer's Agent in 2016

    Amy Green

    Real Estate One

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1819679

Northern Great Lakes REALTORS® MLS

APN: 05-287-007-00

Michigan Grand Traverse County Traverse City 49684

2947 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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