NOT LISTED FOR SALE

3407 Silver Farms Ln Traverse City, MI 49684

Estimated Value: $530,000 - $703,000

4 Beds
2.5 Baths
2,913 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 04, 2015

Last sale price $280,000 $96 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,447/month

155 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Loft
  • Contemporary Architecture
  • Vaulted Ceiling
  • Great Room

About This Home

As of November 2015

Silver Farms Beauty For Sale: Enjoy the privacy this magnificent house affords-You are in town but You will never know it! Superior quality home with Cathedral ceilings, Hardwood floors, Granite, 3 sided gas fireplace, Private master suite, Walk-out lower level, Family room, Lots of storage,Oversized garage, Great back deck and custom paver patio area, and a very useful loft area for library or computer station. Large windows throughout ALL levels bring the perfect amount of natural light. Many architectural features make this home a dream to decorate. All appliances included(Bosch,LG,etc). New roof in 2013. Come see your new home!

Last Agent to Sell the Property

Shelly Drossart

REO-TCFront-233021 License #6501344832 Listed on: 05/20/2015

REO-TCFront-233021

Last Buyer's Agent

Shelly Drossart

REO-TCFront-233021 License #6501344832 Listed on: 05/20/2015

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,321

Year Built

  • Built in 1995

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 110x237
  • Sprinkler System
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

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

Interior Spaces

  • 2,913 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Windows
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Silver Lake Farms#3 Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,321

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 1995
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1995
  • Year Renovated: 2013

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Pantry, Loft, Granite Kitchen Tops, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15x15, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12x13, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 19x11.3, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 13x11, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 36x13.2, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 13x12, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 23x14, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 2913

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Porch
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Daylight Windows, Finished Rooms, Egress Windows
  • Number Of Acres: 0.6
  • Road: Public Maintained
  • Roof: Asphalt

Garage/Parking

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

Utilities

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

Association/Amenities

  • Development Name: SILVER LAKE FARMS#3

Lot Info

  • Land Features: Wooded
  • Lot Dimensions: 110x237
  • 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 20, 2015
Closed on
Nov 3, 2015
Seller's Agent
Shelly Drossart
REO-TCFront-233021
Buyer's Agent
Shelly Drossart
REO-TCFront-233021
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$586,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,893
Avg. Annual Appreciation
7.66%

Purchase Details

Closed on
Feb 5, 2008

Purchase Details

Closed on
May 15, 1997

Purchase Details

Closed on
Sep 29, 1995

Purchase Details

Closed on
Oct 17, 1994

Purchase Details

Closed on
Oct 14, 1994
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
-- $280,000 --
-- -- --
-- $188,900 --
-- $177,000 --
-- $22,500 --
-- $29,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2015 11/04/15 Sold $280,000 -6.6% $96 / Sq Ft
10/22/2015 10/22/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $299,900 -- $103 / 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 $4,321 $231,400 $0 $0
2024 $2,919 $197,200 $0 $0
2023 $2,793 $148,800 $0 $0
2022 $3,945 $146,800 $0 $0
2021 $3,813 $148,800 $0 $0
2020 $3,780 $153,200 $0 $0
2019 $2,565 $138,500 $0 $0
2018 $0 $131,800 $0 $0
2017 -- $145,200 $0 $0
2016 -- $154,100 $0 $0
2014 -- $122,100 $0 $0
2012 -- $99,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1800012

Northern Great Lakes REALTORS® MLS

APN: 05-289-096-00