NOT LISTED FOR SALE

3535 Silver Farms Ln Traverse City, MI 49684

Estimated Value: $706,000 - $838,000

5 Beds
3.5 Baths
3,400 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $419,000 $123 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,494/month

145 Days on Market

Highlights

  • Above Ground Pool
  • Contemporary Architecture
  • Jetted Tub in Primary Bathroom
  • Tiered Deck
  • Vaulted Ceiling
  • Great Room

About This Home

As of December 2019

This custom built Silver Farms home will greet you with open spaces, custom details, high quality finishes and loads of extra room for friends, guests, entertaining or just relaxing in your own space. Situated on a very private, professionally landscaped lot backing up to the Carmelite Monastery, you have the benefit of a neighborhood and the luxury of privacy. Just a few of the many special features are: Master Suite with jetted tub, walk in closets in each room, stunning family room fireplace, in-house speaker system, eat-in kitchen with pantry and island, formal dining room, heated & insulated 3 car garage with hot and cold water & additional parking pad. Located just minutes from Munson Medical Center, shopping, restaurants and downtown Traverse City. There are so many more features that can be found by visiting this listing online or in person!

Last Agent to Sell the Property

Ann Porter

REO-TCRandolph-233022 License #6506044226 Listed on: 07/19/2019

REO-TCRandolph-233022

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

  • $6,577

Year Built

  • Built in 2000

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 70 x 227 x 164 x 280
  • Property has an invisible fence for dogs
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,400 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Game Room
  • Workshop
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space
  • Basement Windows

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Above Ground Pool
  • Tiered Deck
  • Patio
  • Rain Gutters

Utilities

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

Community Details

  • Silver Lake Farms Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,577

Year Built

Built in 2000

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2000
  • Construction: 2x6 Framing, Frame
  • Principal Residence: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2000

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Ceiling Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Jetted Tub, Foyer Entrance, Walk-In Closet(s), Pantry, Breakfast Nook, Solid Surface Counters, Island Kitchen, Mud Room, Formal Dining Room, Great Room, Den/Study, Exercise Room, Game Room, Workshop, Vaulted Ceilings, Drywall
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 14.08x15.01, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.01x10.10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.08x11.0, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11.03x11.0, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 11.04x12.06, On Level: Main Floor, Flooring: Carpet
  • Family Room: Dimensions: 24.04x22.10, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 17.0x14.0, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 14.01x14.05, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 12x10, On Level: Lower Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 3400

Exterior Features

  • Exterior Features: Sprinkler System, Above Ground Pool, Multi-Level Decking, Patio, Invisible Pet Fencing, Landscaped, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Crawl Space, Block, Daylight Windows, Entrance Outside, Finished Rooms, Full Finished, Entrance Inside
  • Number Of Acres: 0.68
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener, Paved Driveway, Plumbing, 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
  • Water: Municipal

Condo/Co-op/Association

  • Annual Association Fees: 40
  • Association Fees: Annual

Association/Amenities

  • Development Name: Silver Lake Farms

Lot Info

  • Land Features: Cleared, Evergreens, Level
  • Lot Dimensions: 70 x 227 x 164 x 280
  • 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
Jul 19, 2019
Closed on
Dec 17, 2019
Sold by
Byrne John P
Bought by
Nguyen Austin H and Phan Ngoc Thu
Seller's Agent
Ann Porter
REO-TCRandolph-233022
Buyer's Agent
Maureen Penfold
REMAX Bayshore - Union St TC
List Price
$459,900
Sold Price
$419,000
Premium/Discount to List
-$40,900
-8.89%
Current Estimated Value
$749,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,588
Avg. Annual Appreciation
10.42%

Purchase Details

Closed on
Aug 7, 2006

Purchase Details

Closed on
Jul 6, 1999

Purchase Details

Closed on
Feb 2, 1994

Purchase Details

Closed on
Nov 1, 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
Nguyen Austin H $419,000 --
-- $367,000 --
-- $32,900 --
-- $22,000 --
-- $22,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2019 12/17/19 Sold $419,000 -3.7% $123 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
09/16/2019 09/16/19 Price Changed $434,900 -2.2% $128 / Sq Ft
08/25/2019 08/25/19 Price Changed $444,900 -3.3% $131 / Sq Ft
07/19/2019 07/19/19 For Sale $459,900 -- $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 $6,577 $345,000 $0 $0
2024 $4,443 $280,700 $0 $0
2023 $4,251 $222,500 $0 $0
2022 $6,004 $222,200 $0 $0
2021 $6,004 $222,500 $0 $0
2020 $6,323 $233,100 $0 $0
2019 $3,077 $218,100 $0 $0
2018 $0 $195,000 $0 $0
2017 -- $171,500 $0 $0
2016 -- $166,600 $0 $0
2014 -- $153,300 $0 $0
2012 -- $149,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1864721

Northern Great Lakes REALTORS® MLS

APN: 05-289-103-00