NOT LISTED FOR SALE

3445 Silver Farms Ln Traverse City, MI 49684

Estimated Value: $591,000 - $705,000

5 Beds
3.5 Baths
3,474 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $325,000 $94 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $3,856/month

228 Days on Market

Highlights

  • Spa
  • Cathedral Ceiling
  • Great Room
  • Ranch Style House
  • Solarium
  • Mud Room

About This Home

As of July 2016

Desirable west side home perched atop a hill just minutes from everything Traverse City has to offer. The private and serene setting of the beautifully landscaped yard and gardens provides you with your own oasis. As you walk into the home, you are welcomed by vaulted ceilings and an open floor plan, hardwood and porcelain tile floors throughout. The living and dining room are warmed by a gas fireplace and natural lighting from expansive low-E windows. Kitchen boast cherry cabinets, a walk-in pantry and new appliances. The main floor master suite includes a large bath and walk in closet. An expansive, 3-season room was added in 2013 with panoramic windows overlooking the backyard. Drive thru 3-stall heated garage. Fully finished lower level has 2 additional bedrooms for over-flow guests, a bathroom suite with jacuzzi and a family/game room for entertaining. Tons of storage throughout every level of the home. This home has been well cared for and is just waiting for you to move in and enjoy!

Last Agent to Sell the Property

Kellie Sergent

Century 21 Northland-Elk Rapids License #6506048950 Listed on: 10/09/2015

Century 21 Northland-Elk Rapids

Last Buyer's Agent

Sandra Sonner

REO-TCRandolph-233022 License #6501285766

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,490

Year Built

  • Built in 2002

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 100x222
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,474 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Bay Window
  • Mud Room
  • Great Room
  • Solarium

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 3 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Spa
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Silver Lake Farms Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,490

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 2002
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2002
  • Year Renovated: 2013

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Hot Tub, Blinds, Drapes, Ceiling Fan, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Bay Window(s), Walk-In Closet(s), Pantry, Solarium/Sun Room, Mud Room, Great Room
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 17x13, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 11x11, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 12x12, On Level: Main Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 12x10, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Dining Room: Dimensions: 20xcombo, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 30x21, On Level: Lower Floor, Flooring: Tile
  • Kitchen: Dimensions: 10x14, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 23xcombo, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 14x29, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 3474

Exterior Features

  • Exterior Features: Sprinkler System, Fenced Yard, Landscaped, Garden Area, Porch
  • Exterior Finish: Vinyl
  • Foundation: Daylight Windows, Finished Rooms, Full Finished
  • Number Of Acres: 0.51
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Attached, Paved Driveway, Heated, Concrete Floors

Utilities

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

Association/Amenities

  • Development Name: Silver Lake Farms

Lot Info

  • Land Features: Level, Rolling
  • Lot Dimensions: 100x222
  • 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
Oct 9, 2015
Closed on
Jul 1, 2016
Seller's Agent
Kellie Sergent
Century 21 Northland-Elk Rapids
Buyer's Agent
Sandra Sonner
REO-TCRandolph-233022
List Price
$369,000
Sold Price
$325,000
Premium/Discount to List
-$44,000
-11.92%
Current Estimated Value
$646,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,088
Avg. Annual Appreciation
7.60%

Purchase Details

Closed on
Nov 29, 2006

Purchase Details

Closed on
Aug 2, 2006

Purchase Details

Closed on
Apr 26, 2000

Purchase Details

Closed on
Jul 20, 1999

Purchase Details

Closed on
May 4, 1995

Purchase Details

Closed on
Jan 1, 1993

Purchase Details

Closed on
Dec 4, 1992
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
-- $325,000 --
-- -- --
-- $292,500 --
-- $29,000 --
-- -- --
-- $29,000 --
-- $21,900 --
-- $25,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2016 07/01/16 Sold $325,000 -11.9% $94 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
10/09/2015 10/09/15 For Sale $369,000 -- $106 / 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 $5,490 $301,900 $0 $0
2024 $3,708 $249,300 $0 $0
2023 $3,548 $194,100 $0 $0
2022 $5,012 $192,800 $0 $0
2021 $4,845 $194,100 $0 $0
2020 $4,803 $201,300 $0 $0
2019 $3,259 $186,700 $0 $0
2018 $0 $170,600 $0 $0
2017 -- $166,200 $0 $0
2016 -- $164,600 $0 $0
2014 -- $152,700 $0 $0
2012 -- $145,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1807490

Northern Great Lakes REALTORS® MLS

APN: 05-289-098-00