NOT LISTED FOR SALE

305 Roman Dr Traverse City, MI 49685

Estimated Value: $1,008,000 - $1,263,000

4 Beds
3.5 Baths
2,353 Sq Ft
$491/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $565,000 $240 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,706/month

11 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Spa
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Deck

About This Home

As of June 2014

Distinctive year-round home on the sandy shores of all-sports Silver Lake, with executive amenities and a touch of cottage style. Absolutely ideal for entertaining, highlights include a gourmet kitchen with generously-sized granite counters and custom cabinetry, a spacious formal dining room with a cathedral ceiling, Corian counters in the upstairs baths, a gas fireplace, central air, a security system, a finished walkout level, numerous windows for water views and more. You'll even love the cheerful laundry room with a large folding area and storage underneath. Tastefully decorated from the ground up, the neutral color palate is inviting and is sure to accompany any decor. The 100' of frontage is beautiful - hard-sand bottom with a sandy shoreline, facing west for sunset views. The full-length back deck is the perfect place to enjoy the views and has been updated with clear inserts for maximized views. The manicured grounds include brick pathways and patios along with landscaping beds. Numerous updates have take place over the last 5 years, including but not limited to a new roof, siding, furnace, water softener, hot tub, garage door, interior paint and carpet, new laminate floors, remodeled bathrooms, updated landscaping, new blinds, new power awning on back deck, updated deck railing and interior staircase/railings. One step inside this lovely home and you'll want to stay all year long!

Last Agent to Sell the Property

Mike Street

Coldwell Banker Schmidt Traver License #6502115027 Listed on: 05/05/2014

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Linda Schaub

REO-TCRandolph-233022 License #6501290614

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,574

Year Built

  • Built in 1986

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 100x268
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,353 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Water Views
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Paradise Point Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,574

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Contemporary
  • Estimated Year Built: 1986
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1986
  • Year Renovated: 2009

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Security System, Hot Tub, Wall Oven, Cook Top, Ceiling Fan
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Pantry, Breakfast Nook, Granite Kitchen Tops, Solid Surface Counters, Formal Dining Room, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15.02x10.08, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.08x11.04, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10.02x09.02, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11.06x09.06, 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
  • Dining Room: Dimensions: 19.07x11.05, On Level: Main Floor, Flooring: Laminate
  • Family Room: Dimensions: 19.01x11.05, On Level: Lower Floor, Flooring: Laminate
  • Kitchen: Dimensions: 12.00x10.06, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 17.00x15.00, On Level: Main Floor, Flooring: Laminate
  • Range: R 11W
  • Total Finished Sf Apx: 2353

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Sprinkler System, Deck, Patio, Covered Porch, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Block, Finished Rooms, Egress Windows, Full Finished
  • Number Of Acres: 0.61
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Sandy Shoreline
  • Waterfront Frontage: 100

Garage/Parking

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

Utilities

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

Association/Amenities

  • Development Name: Paradise Point

Lot Info

  • Lot Number: 3
  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level, Sloping
  • Lot Dimensions: 100x268
  • 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
May 5, 2014
Closed on
Jun 17, 2014
Seller's Agent
Mike Street
Coldwell Banker Schmidt Traver
Buyer's Agent
Linda Schaub
REO-TCRandolph-233022
List Price
$575,000
Sold Price
$565,000
Premium/Discount to List
-$10,000
-1.74%
Current Estimated Value
$1,155,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,010
Avg. Annual Appreciation
6.48%

Purchase Details

Closed on
Aug 12, 2011

Purchase Details

Closed on
Apr 22, 2008

Purchase Details

Closed on
Jul 12, 2004

Purchase Details

Closed on
May 7, 2001

Purchase Details

Closed on
Oct 20, 1998
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
-- $565,000 --
-- -- --
-- -- --
-- $485,000 --
-- $355,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $565,000 -1.7% $240 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $575,000 -- $244 / 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 $7,574 $499,200 $0 $0
2024 $5,116 $433,300 $0 $0
2023 $4,895 $247,700 $0 $0
2022 $6,983 $309,300 $0 $0
2021 $6,753 $247,700 $0 $0
2020 $6,730 $265,400 $0 $0
2019 $6,774 $241,000 $0 $0
2018 $0 $245,600 $0 $0
2017 -- $249,700 $0 $0
2016 -- $284,800 $0 $0
2014 -- $189,400 $0 $0
2012 -- $248,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1783551

Northern Great Lakes REALTORS® MLS

APN: 05-265-003-00