NOT LISTED FOR SALE

2985 Silver Lake Rd Traverse City, MI 49684

Estimated Value: $618,000 - $664,832

5 Beds
2.5 Baths
3,462 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $465,500 $134 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,974/month

4 Days on Market

Highlights

  • 1.78 Acre Lot
  • Deck
  • Cathedral Ceiling
  • Countryside Views
  • Raised Ranch Architecture
  • Jetted Tub in Primary Bathroom

About This Home

As of September 2021

The location you have been looking for to accommodate the active family! Situated on a 1.78 acre private and landscaped parcel that is close to the schools, Munson and downtown Traverse City. This well maintained home offers cathedral ceilings and skylights to bring in the natural lighting. Lots of windows to view the trees and landscape. An open floor plan offers four spacious bedrooms and two and a half bathrooms and walk out lower level is set up as a Mother in Law Suite, including a kitchen. This lovely home offers all of the features the discerning buyer would expect! Hard Surface Counter tops, Custom Kitchen Cabinetry and a breakfast nook and formal dining room. Living Room offers an open lay out with a gas fireplace. Large Master bedroom with walk in closet. Schedule an appointment to view this home. You won't be disappointed!

Last Agent to Sell the Property

Matthew Dakoske

REMAX Bayshore - Union St TC License #6501148333 Listed on: 07/29/2021

REMAX Bayshore - Union St TC

Last Buyer's Agent

Holly Hack

EXIT Northern Shores-TC License #6502375734

EXIT Northern Shores-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,787

Year Built

  • Built in 1992

Lot Details

  • 1.78 Acre Lot
  • Lot Dimensions are 292 x 263
  • Landscaped
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,462 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Den
  • Home Gym
  • Countryside Views
  • Intercom

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • 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

$5,787

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: In-Law Suite or Apartment, Raised Ranch, 1 Story
  • Estimated Year Built: 1992
  • Construction: Frame
  • Principal Residence: Yes
  • Section Number: 20
  • Year Updated: 2011
  • Year Renovated: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1992

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Intercom/Radio, Cook Top, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Breakfast Nook, Solid Surface Counters, Island Kitchen, Mud Room, Great Room, Den/Study, Exercise Room, Intercom
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 13.05x15.02, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11x11, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11x9, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 13x9, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 15.5x15, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 37x14, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 22x14, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 19x17, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 11.11x11.05, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1806
  • Estimated Below Grade Finished Sq Ft: 1656
  • Estimated Below Grade Unfinished Sq Ft: 180
  • Price Per Sq Ft: 134.46
  • Range: R 11W
  • Total Finished Sf Apx: 3462

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Sprinkler System, Deck, Patio, Countryside View, Covered Porch, Landscaped
  • Exterior Finish: Vinyl, Brick
  • Foundation: Full, Walkout, Poured Concrete, Finished Rooms
  • Number Of Acres: 1.78
  • 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: On Level: Upper Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Silver Lake Farms

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Dimensions: 292 x 263
  • 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
May 10, 2013
Closed on
Jun 20, 2013
Seller's Agent
Ron Williamson
CENTURY 21 Northland
Buyer's Agent
Chad Brown
Homewaters, LLC
List Price
$399,000
Sold Price
$394,000
Premium/Discount to List
-$5,000
-1.25%
Current Estimated Value
$645,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,958
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Jul 7, 1997

Purchase Details

Closed on
May 21, 1990
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
-- $394,000 --
-- $235,000 --
-- $6,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $465,500 +3.5% $134 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $449,900 +14.2% $130 / Sq Ft
06/20/2013 06/20/13 Sold $394,000 -1.3% $116 / Sq Ft
05/18/2013 05/18/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $399,000 -- $118 / 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 $5,787 $337,900 $0 $0
2024 $3,909 $293,900 $0 $0
2023 $3,740 $214,000 $0 $0
2022 $5,540 $205,000 $0 $0
2021 $5,194 $214,000 $0 $0
2020 $5,149 $214,900 $0 $0
2019 $3,493 $205,300 $0 $0
2018 $0 $181,900 $0 $0
2017 -- $204,900 $0 $0
2016 -- $199,300 $0 $0
2014 -- $195,500 $0 $0
2012 -- $149,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1891039

Northern Great Lakes REALTORS® MLS

APN: 05-287-019-00