NOT LISTED FOR SALE

3298 Silver Farms Ln Traverse City, MI 49684

Estimated Value: $442,000 - $490,000

3 Beds
2 Baths
1,810 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 29, 2016

Last sale price $250,500 $138 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,818/month

5 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Corner Lot
  • Contemporary Architecture
  • Loft
  • Granite Countertops

About This Home

As of August 2016

Great convenient Silver Farms #2 location! Close to schools, Munson, shopping and the new YMCA. This home was completely remodeled in 2012 includes Bamboo floor, Stainless Appliances, granite countertops, maple cabinetry, natural gas fireplace, air conditioning, loft, oversized two car garage, and finished lower level. Enjoy the summer on the large wrap around covered porch. Tastefully decorated!

Last Agent to Sell the Property

Ron Williamson

Century 21 Northland License #6501205040 Listed on: 07/08/2016

Century 21 Northland

Last Buyer's Agent

Maureen Penfold

REMAX Bayshore - Union St TC License #6501239126

REMAX Bayshore - Union St TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,060

Year Built

  • Built in 2000

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 120x130
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,810 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Silver Lake Farms No. 2 Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,060

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2000
  • Construction: Frame
  • Univs Design Barrier Free: Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2000
  • Year Renovated: 2012

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Ceiling Fan
  • Interior Amenities: Cathedral Ceilings, Walk-In Closet(s), Loft, Granite Bath Tops, Granite Kitchen Tops
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13'x11'4", On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 15'6"x10'4", On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11'4"x10", On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Dining Room: Dimensions: 11'x10', On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: **x**, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 11'1"x9'6", On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 16'x12'6", On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 12'9"x6'1", On Level: Upper Floor, Flooring: Carpet
  • Range: R 12W
  • Total Finished Sf Apx: 1810

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Sidewalk, Covered Porch, Landscaped, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Full, Block, Daylight Windows, Finished Rooms
  • Number Of Acres: 0.35
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt

Garage/Parking

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

Utilities

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

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Silver Lake Farms No. 2

Lot Info

  • Lot Number: 37
  • Land Features: Corner Lot
  • Lot Dimensions: 120X130
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Deed Restrictions

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2016
Closed on
Aug 29, 2016
Seller's Agent
Ron Williamson
Century 21 Northland
Buyer's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
List Price
$244,900
Sold Price
$250,500
Premium/Discount to List
$5,600
2.29%
Current Estimated Value
$471,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,997
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
Mar 14, 2012

Purchase Details

Closed on
Nov 18, 2011

Purchase Details

Closed on
Nov 17, 2011

Purchase Details

Closed on
Mar 2, 2011

Purchase Details

Closed on
Jul 6, 2000

Purchase Details

Closed on
May 22, 1998

Purchase Details

Closed on
May 20, 1998

Purchase Details

Closed on
Sep 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
-- $250,500 --
-- $220,000 --
-- -- --
-- $125,000 --
-- -- --
-- $217,300 --
-- $37,500 --
-- -- --
-- $26,600 --
-- $34,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2016 08/29/16 Sold $250,500 +2.3% $138 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $244,900 -- $135 / 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 $4,060 $226,300 $0 $0
2024 $2,743 $187,200 $0 $0
2023 $2,624 $144,300 $0 $0
2022 $3,707 $144,800 $0 $0
2021 $3,583 $144,300 $0 $0
2020 $3,552 $150,900 $0 $0
2019 $2,410 $146,100 $0 $0
2018 $0 $125,500 $0 $0
2017 -- $124,900 $0 $0
2016 -- $123,300 $0 $0
2014 -- $115,800 $0 $0
2012 -- $97,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1819994

Northern Great Lakes REALTORS® MLS

APN: 05-288-037-00