NOT LISTED FOR SALE

374 Neuman St Traverse City, MI 49685

Estimated Value: $386,000 - $644,000

3 Beds
1 Bath
1,497 Sq Ft
$331/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $260,000 $174 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,824/month

180 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Tiered Deck
  • Deeded Waterfront Access Rights
  • Bluff on Lot
  • Ranch Style House

About This Home

As of March 2018

66ft of Silver Lake water front property. 3 beds/1 bath with a walk out lower level and two layers of decking overlooking the water. Being only minutes from Traverse City allows for quick access to town or your lakefront vacation. The cottage is ready for year round use, but is also the perfect blank canvas for a remodel. Both the roof and the furnace are only a few years old and the lot allows enough room for an addition as well as a garage. Come see it today!

Last Agent to Sell the Property

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537 Listed on: 09/16/2017

REMAX Bayshore - W Bay Shore Dr TC

Last Buyer's Agent

Peter Galloup

Century 21 Northland License #6501399801

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,642

Year Built

  • Built in 1970

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 65x181x45x170
  • Private Waterfront
  • 66 Feet of Waterfront
  • Bluff on Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Fixer Upper
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,497 Sq Ft Home
  • Paneling
  • Gas Fireplace
  • Mud Room
  • Water Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Window Egress

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Tiered Deck

Utilities

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

Community Details

Overview

  • Silver Lake Lots Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,642

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1970
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Appliances Equipment: Oven/Range, Microwave, Natural Gas Water Heater
  • Interior Amenities: Fixer-Upper, Mud Room, Drywall, Paneling
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 12x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room: On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 14x14, On Level: Main Floor, Flooring: Carpet
  • Living Room: Dimensions: 25x14, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 1497

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Multi-Level Decking
  • Exterior Finish: Aluminum
  • Foundation: Walkout, Block, Entrance Outside, Egress Windows, Unfinished
  • Number Of Acres: 0.23
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Soft Bottom
  • Waterfront Frontage: 66

Garage/Parking

  • Driveway: Concrete

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Silver Lake Lots

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Bluff Site
  • Lot Dimensions: 65x181x45x170
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • 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
Sep 16, 2017
Closed on
Mar 26, 2018
Sold by
Buyer Bott Chris M
Bought by
Gadzinski Scott
Seller's Agent
Bob Brick
REMAX Bayshore - W Bay Shore Dr TC
Buyer's Agent
Peter Galloup
Century 21 Northland
List Price
$298,500
Sold Price
$260,000
Premium/Discount to List
-$38,500
-12.9%
Current Estimated Value
$495,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,158
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Oct 23, 2006
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Gadzinski Scott $260,000 --
-- $215,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2018 03/26/18 Sold $260,000 -12.9% $174 / Sq Ft
09/16/2017 09/16/17 For Sale $298,500 -- $199 / 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 $2,642 $199,300 $0 $0
2024 $1,785 $229,100 $0 $0
2023 $1,708 $86,400 $0 $0
2022 $2,480 $161,300 $0 $0
2021 $2,400 $86,400 $0 $0
2020 $2,559 $95,600 $0 $0
2019 $2,593 $90,100 $0 $0
2018 $0 $107,300 $0 $0
2017 -- $108,200 $0 $0
2016 -- $113,600 $0 $0
2014 -- $101,700 $0 $0
2012 -- $147,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1838560

Northern Great Lakes REALTORS® MLS

APN: 05-290-011-00