NOT LISTED FOR SALE

370 Farmstead Ln Traverse City, MI 49685

Estimated Value: $389,000 - $442,000

4 Beds
2 Baths
1,828 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $362,500 $198 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,713/month

23 Days on Market

Highlights

  • Water Views
  • Deck
  • Jetted Tub in Primary Bathroom
  • Public Water Access
  • Vaulted Ceiling
  • 5-minute walk to Silver Meadows Park

About This Home

As of March 2023

Enjoy the serenity of a quiet neighborhood while having the convenience of proximity to shopping, restaurants, schools, and beautiful downtown Traverse City. This well-appointed home has a lot to offer from the great Westerly views over Silver Lake, ample cupboard space in kitchen, walk-out lower level with family room and custom bar, unfinished basement, which is plumbed for a third bathroom, large deck, extra deep garage for workspace area, and less than 2 miles from Silver Lake public access! Wind down from a long work week by relaxing around the fire-it in the back yard while appreciating your sunset views of Silver Lake. Garden area and irritigation as well. In addition to this already great location, you're really hitting a "home run" being within walking distance of Turtle Creek Stadium home of Traverse City 'Pit Spitters' baseball team and as an extra bonus of this Silver Meadows Community is a 14-acre park baseball, basketball, volleyball, soccer and a playground for the kids!

Last Agent to Sell the Property

Crystal Gober

Traverse Real Estate License #6501383781 Listed on: 02/04/2023

Last Buyer's Agent

Kimberly Larkins

REO-TCFront-233021 License #6506045592

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 2000

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 117 x 186.96
  • Landscaped
  • Sprinkler System
  • Cleared Lot
  • Garden
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Countryside Views
  • Seasonal

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,828 Sq Ft Home
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom

Basement

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

Outdoor Features

  • Public Water Access
  • Deck
  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Cable TV Available

Community Details

  • Silver Meadows Community
  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,457

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Quad
  • Estimated Year Built: 2000
  • Construction: 2x6 Framing, Frame
  • Section Number: 5
  • Year Updated: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Blinds, Ceiling Fan
  • Interior Amenities: Jetted Tub, Walk-In Closet(s), Wet Bar, Pantry, Solid Surface Counters, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 13.10x11.04, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.10x11.07, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12.4x9.08, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11.9x11.11, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: No
  • Dining Room: Dimensions: 11.7xcombo, On Level: Main Floor
  • Family Room: Dimensions: 19.06x22.11, On Level: Lower Floor, Flooring: Concrete
  • Kitchen: Dimensions: combox21, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 11.05x21, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1828
  • Estimated Below Grade Unfinished Sq Ft: 576
  • Price Per Sq Ft: 198.3
  • Range: R 11W
  • Total Finished Sf Apx: 1828

Exterior Features

  • Exterior Features: Sprinkler System, Deck, Countryside View, Covered Porch, Seasonal View, Landscaped, Garden Area
  • Exterior Finish: Vinyl
  • Foundation: Full, Walkout, Finished Rooms, Plumbed for Bath
  • Number Of Acres: 0.5
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Water View, Near Pub.Access w/in 500'

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Heating Cooling Types: Forced Air, Humidifier
  • Laundry: On Level: Lower Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Silver Meadows

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Land Features: Cleared
  • Lot Dimensions: 117 x 186.96
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Other Taxes: 1,664.14
  • Total Taxes: 3456.98
  • Winter Taxes: 1,792.84
  • Year Summer: 2022
  • Year Winter: 2022

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2004
Current Estimated Value
$423,209

Purchase Details

Closed on
Jun 27, 2000

Purchase Details

Closed on
May 17, 2000
Source: Public Records

Range of Values:

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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
-- $179,900 --
-- $27,000 --
-- $26,200 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2023 03/24/23 Sold $362,500 +0.7% $198 / Sq Ft
02/04/2023 02/04/23 For Sale $359,900 -- $197 / 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 $4,752 $178,200 $0 $0
2024 $3,098 $170,800 $0 $0
2023 $1,747 $123,600 $0 $0
2022 $3,457 $132,600 $0 $0
2021 $3,375 $123,600 $0 $0
2020 $2,739 $114,900 $0 $0
2019 $3,135 $107,700 $0 $0
2018 $2,957 $93,700 $0 $0
2017 -- $88,100 $0 $0
2016 -- $88,200 $0 $0
2014 -- $79,600 $0 $0
2012 -- $80,232 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1908221

Northern Great Lakes REALTORS® MLS

APN: 02-673-004-00