NOT LISTED FOR SALE

3571 Silver Farms Ln Traverse City, MI 49684

Estimated Value: $537,833 - $633,000

4 Beds
2 Baths
2,276 Sq Ft
$252/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $298,000 $131 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,413/month

35 Days on Market

Highlights

  • 1.02 Acre Lot
  • Ranch Style House
  • Covered Patio or Porch
  • Countryside Views
  • Solid Surface Countertops
  • Breakfast Area or Nook

About This Home

As of September 2016

Welcome home! This 4 bedroom, 2 bath ranch home sits on a 1.02 acres in the desirable Silver Farms neighborhood. This home backs up to the Monastery property to the south, so it is incredibly private and one of the largest lots in Silver Farms. Upon entering the open floor plan, you are greeted with a stone tile entry followed by wood floors that are carried throughout the main living area. Kitchen has Quartz counter tops and a peninsula island that makes everyday living easy. Eat-in breakfast nook as well as a formal dining room frame in the kitchen. Living room has a gas fireplace with built-ins. Two of the bedrooms have wood floors and two of the bedrooms have brand new carpet. Another great feature of this house is that it has 3 sliding doors that lead out to the covered patio; one in the master bedroom, one in the living room, and one in the second bedroom so the whole house feels connected and has great flow!

Last Agent to Sell the Property

Erica Mohr

REO-TCRandolph-233022 License #6501388991 Listed on: 06/28/2016

REO-TCRandolph-233022

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,754

Year Built

  • Built in 1996

Lot Details

  • 1.02 Acre Lot
  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

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

Interior Spaces

  • 2,276 Sq Ft Home
  • Bookcases
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Countryside Views
  • Unfinished Basement

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • Silver Farms No 3 Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,754

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1996
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1996

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Washer, Dryer, Blinds, Ceiling Fan
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Breakfast Nook, Solid Surface Counters, Formal Dining Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 14.02x14.06, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 15.00x11.00, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 11.06x11.00, On Level: Main Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 13.00x12.00, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room: Dimensions: 13.00x13.04, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 09.00x17.00, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 20.04x19.06, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 2276

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Sprinkler System, Patio, Sidewalk, Countryside View, Covered Porch, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Poured Concrete, Unfinished
  • Number Of Acres: 1.02
  • Road: Blacktop, Public Maintained
  • Roof: Asphalt

Garage/Parking

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

Utilities

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

Association/Amenities

  • Development Name: Silver Farms No 3

Lot Info

  • Lot Number: 105
  • Land Features: Level
  • Lot Dimensions: Irregular
  • 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
Jun 28, 2016
Closed on
Sep 19, 2016
Seller's Agent
Erica Mohr
REO-TCRandolph-233022
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$310,000
Sold Price
$298,000
Premium/Discount to List
-$12,000
-3.87%
Current Estimated Value
$573,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,458
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Jun 3, 2002

Purchase Details

Closed on
Jan 9, 1996

Purchase Details

Closed on
Oct 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
-- $298,000 --
-- $249,900 --
-- $26,500 --
-- $20,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2016 09/19/16 Sold $298,000 -3.9% $131 / Sq Ft
08/02/2016 08/02/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $310,000 -- $136 / 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 $4,754 $262,400 $0 $0
2024 $3,211 $214,000 $0 $0
2023 $3,073 $163,100 $0 $0
2022 $4,340 $160,600 $0 $0
2021 $4,257 $163,100 $0 $0
2020 $4,220 $172,700 $0 $0
2019 $2,863 $166,900 $0 $0
2018 $0 $149,100 $0 $0
2017 -- $148,800 $0 $0
2016 -- $161,100 $0 $0
2014 -- $145,600 $0 $0
2012 -- $138,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1819298

Northern Great Lakes REALTORS® MLS

APN: 05-289-105-00