NOT LISTED FOR SALE

3400 Sylvan Isle Dr Watersmeet, MI 49969

Estimated Value: $268,000 - $518,000

2 Beds
2 Baths
1,200 Sq Ft
$356/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $200,000 $167 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $2,614/month

635 Days on Market

Highlights

  • Lake Front
  • Chalet
  • Wood Burning Stove
  • Docks
  • Deck
  • Cathedral Ceiling

About This Home

As of June 2016

Pride of ownership is evident in this turnkey, 2 BR, 2BA Cisco Chain home. The soaring fireplace draws your attention upward to the unique lofted 'cabin within a cabin' architecture. Love the outdoors? This home is flanked by two decks with gorgeous lake views. This charming retreat enjoys 200 feet of frontage and is tucked in a quiet bay of spectacular Thousand Island Lake with wilderness views to calm the soul. Plenty of storage space thanks to a full unfinished basement and the detached garage. The essence of the Northwoods is calling. Virtual tour available:

Last Agent to Sell the Property

John Sarama

ELIASON REALTY - LAND O LAKES License #48469 - 94 Listed on: 08/04/2014

Last Buyer's Agent

John Sarama

ELIASON REALTY - LAND O LAKES License #48469 - 94 Listed on: 08/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,523

Lot Details

  • 0.86 Acre Lot
  • Lake Front
  • Street terminates at a dead end

Parking

  • 1 Car Detached Garage

Home Design

  • Chalet
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Cedar

Interior Spaces

  • 1,200 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Stove
  • Stone Fireplace
  • Interior Basement Entry
  • Property Views

Kitchen

  • Range
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Docks
  • Deck
  • Open Patio

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Drilled Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • Phone Available

Community Details

  • Recreation Facilities

Listing and Financial Details

  • Assessor Parcel Number 06-30-302-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,523

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Road Frontage Type: Town Road
  • Road Surface Type: Paved
  • Water Body Name: THOUSAND ISLAND
  • Ownership: Trust
  • Directions: Hwy 45 north to L on US 2. Go 11 mi to L on Cisco Lake Rd. Go 3 mi to L on Sylvan Isle. Bear L where Sylvan Isle intersects w/Channel Rd. to home on L and sign. Fire # 3400
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Chalet/Alpine
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Freezer, Range, Refrigerator, Water Softener, Washer
  • Has Basement: Interior Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Mixed
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)

Exterior Features

  • Lot Features: Dead End, Lake Front
  • View: Yes
  • Waterfront Features: Shoreline - Fisherman/Weeds, Lake Front
  • Waterfront: Yes
  • Construction Type: Cedar, Frame
  • Exterior Features: Dock
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Open
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage

Utilities

  • Heating: Forced Air, Oil, Wood
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Phone Available, Septic Available
  • Water Source: Drilled Well

Condo/Co-op/Association

  • Community Features: Quiet Area, Recreation Area

Lot Info

  • Lot Size Sq Ft: 37462.0
  • Parcel #: 06-30-302-000
  • Zoning Description: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2014
Closed on
Jun 21, 2016
Sold by
Bischoff James A and Bischoff Jean B
Bought by
Oliver John T and Oliver Alison
Seller's Agent
John Sarama
ELIASON REALTY - LAND O LAKES
Buyer's Agent
John Sarama
ELIASON REALTY - LAND O LAKES
List Price
$279,000
Sold Price
$200,000
Premium/Discount to List
-$79,000
-28.32%
Current Estimated Value
$426,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,751
Avg. Annual Appreciation
9.80%
Original Mortgage
$125,000
Interest Rate
3.58%
Source: Public Records

Range of Values:

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Average Value
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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
Oliver John T -- Associated Title & Closing S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oliver John T $76,000
Closed Oliver John T $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $200,000 -28.3% $167 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
08/04/2014 08/04/14 For Sale $279,000 -- $233 / Sq Ft
Source: Greater Northwoods 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 $3,523 $180,628 $89,860 $90,768
2024 $2,134 $155,474 $91,925 $63,549
2023 $1,936 $140,980 $129,672 $11,308
2022 $3,164 $122,602 $110,836 $11,766
2021 -- $107,112 $55,418 $51,694
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $88,669 $12,291
2017 -- -- $0 $0
2016 -- -- $0 $0
2014 -- -- $0 $0
2013 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Northwoods MLS

MLS Number: 144344

Greater Northwoods MLS

APN: 06-30-302-000