NOT LISTED FOR SALE

3271 Silver Farms Ln Traverse City, MI 49684

Estimated Value: $518,000 - $589,000

4 Beds
4 Baths
3,144 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $341,000 $108 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,339/month

61 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Great Room
  • Contemporary Architecture
  • Loft
  • Mud Room

About This Home

As of October 2020

Large home in a great neighborhood on the West side, only minutes to town. You'll love the 16' ceilings in the living room and the open stairs/loft area. Plenty of room with 4 existing bedrooms, the family room/den on the front could easily be turned into a main floor master. Large deck, private yard, new roof!

Last Agent to Sell the Property

Jules Yates

REMAX Bayshore - Union St TC License #6502357921 Listed on: 07/12/2020

REMAX Bayshore - Union St TC

Last Buyer's Agent

Ted Schweitzer

REO-TCFront-233021 License #6501377647

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,908

Year Built

  • Built in 1992

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 100x193
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,144 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Loft

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Silver Lake Farms Community
  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,908

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Contemporary
  • Estimated Year Built: 1992
  • Construction: 2x6 Framing
  • Qtr Section: SW
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1992

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Pantry, Breakfast Nook, Loft, Mud Room, Formal Dining Room, Great Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15x14, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11x11, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 11x10, On Level: Upper Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 20x10, On Level: Lower Floor, Flooring: Vinyl
  • Total Bathrooms: 3
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 2
  • Main Floor Primary: No
  • Dining Room: Dimensions: 11x11, On Level: Main Floor
  • Family Room: Dimensions: 22x12, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 21x10, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15x19, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 3144

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Covered Porch
  • Exterior Finish: Vinyl
  • Foundation: Full, Egress Windows, Full Finished
  • Number Of Acres: 0.45
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Wood
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Lower Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Silver Lake Farms

Lot Info

  • Lot Number: 32
  • Land Features: Level, Rolling
  • Lot Dimensions: 100x193
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2020
Closed on
Oct 30, 2020
Sold by
Zagore Robert M
Bought by
Alex Darin M and Olm Jenna E
Seller's Agent
Jules Yates
REMAX Bayshore - Union St TC
Buyer's Agent
Ted Schweitzer
REO-TCFront-233021
List Price
$349,900
Sold Price
$341,000
Premium/Discount to List
-$8,900
-2.54%
Current Estimated Value
$557,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,097
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Oct 7, 2011

Purchase Details

Closed on
Jul 15, 2011

Purchase Details

Closed on
Jun 27, 2006

Purchase Details

Closed on
Jun 18, 1997

Purchase Details

Closed on
Mar 2, 1992

Purchase Details

Closed on
May 10, 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
Alex Darin M $341,000 --
-- $225,000 --
-- -- --
-- -- --
-- $210,000 --
-- $140,000 --
-- $18,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $341,000 -2.5% $108 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $349,900 0.0% $111 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $349,900 -- $111 / 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 $4,908 $259,000 $0 $0
2024 $3,315 $215,100 $0 $0
2023 $3,172 $164,600 $0 $0
2022 $4,480 $165,800 $0 $0
2021 $4,442 $164,600 $0 $0
2020 $3,396 $171,400 $0 $0
2019 $2,304 $166,500 $0 $0
2018 $0 $139,800 $0 $0
2017 -- $135,400 $0 $0
2016 -- $131,800 $0 $0
2014 -- $117,700 $0 $0
2012 -- $116,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1877136

Northern Great Lakes REALTORS® MLS

APN: 05-288-032-00