NOT LISTED FOR SALE

408 Brakel Point Dr Traverse City, MI 49685

Estimated Value: $795,771

2 Beds
2 Baths
800 Sq Ft
$995/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $685,000 $856 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,020/month

38 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Sandy Beach
  • Deeded Waterfront Access Rights
  • Guest House
  • Bay View

About This Home

As of November 2022

Prepare to be blown away by this gem of a home with 85 ft. of sandy beach frontage on pristine Silver Lake: one of the most sought-after bodies of water in Traverse City! The sweeping, panoramic views from this property will take your breath away. The home is configured as two side-by-side units, connected by a breezeway, making it an ideal nightly or weekly vacation destination. Both units have 1 bed and 1 bathroom, and were built to the highest construction and energy-efficiency standards. The larger of the two units (pictured) was taken down to the studs and meticulously rebuilt in 2017, and the smaller of the two units (not pictured, as it is currently rented out month-to-month) was newly built in 2019. Quality craftsmanship and thoughtful attention to detail is abundantly clear from the moment you arrive. This home is optimized for indoor-outdoor living, with its welcoming stone patio and multiple covered and uncovered seating and dining areas and an in-ground fire pit. The custom stone walkway draws you down to the soft sand and sparkling-clear water's edge. Everything is set up for your enjoyment from the moment you get the keys. Both homes to be sold fully-furnished, and beach toys also to be included in the sale! 19' boat with trailer, two private docks, two kayaks with paddles, life jackets, 8x8 float raft with folding seats and table, and outdoor furniture, all included. This little slice of Pure Michigan heaven is situated at the tip of a private cul-de-sac on the Brakel Point Peninsula, less than a 15 minute drive away from downtown TC amenities, shopping, dining, and more!

Last Agent to Sell the Property

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537 Listed on: 09/22/2022

REMAX Bayshore - W Bay Shore Dr TC

Last Buyer's Agent

Molly Buttleman

@properties Christie's Int'l License #6501374903

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 0.31 Acre Lot
  • Private Waterfront
  • 85 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Cottage
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 800 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Bay Window
  • Bay Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Patio

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Cottage, 1 Story
  • Percent Of Remodel: 100
  • Estimated Year Built: 1961
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Section Number: 6
  • Year Updated: 2019
  • Year Renovated: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Ceiling Fan
  • Interior Amenities: Bay Window(s), Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12.2x13.5, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14.0x10.6, On Level: Main Floor, Flooring: Other
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 10.10x6.0, On Level: Main Floor, Flooring: Other
  • Kitchen: Dimensions: 10.10x7.10, On Level: Main Floor, Flooring: Other
  • Living Room: Dimensions: 8.5x13.10, On Level: Main Floor, Flooring: Other
  • Estimated Above Ground Finished Sq Ft: 800
  • Price Per Sq Ft: 856.25
  • Range: R 11W
  • Total Finished Sf Apx: 800

Exterior Features

  • Additional Buildings: Guest House
  • Body Of Water: Silver Lake
  • Exterior Features: Bay View, Deck, Patio, Landscaped
  • Foundation: Crawl Space
  • Number Of Acres: 0.31
  • Road: Cul-de-Sac, Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Private Dock, Sandy Shoreline
  • Waterfront Frontage: 85

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Detached, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Other
  • Sewer: Holding Tank/Pump & Haul
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level, Sloping
  • Lot Dimensions: IRREG
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 3112.99
  • Winter Taxes: 1398.31
  • Year Summer: 2022
  • Year Winter: 2021

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Sep 27, 2016
Seller's Agent
Mike Street
Coldwell Banker Schmidt Traver
Buyer's Agent
Jennifer LaCharite
Luxus Realty, LLC
List Price
$259,900
Sold Price
$197,500
Premium/Discount to List
-$62,400
-24.01%
Current Estimated Value
$795,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,271
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
-- $197,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2022 11/14/22 Sold $685,000 -2.1% $856 / Sq Ft
09/22/2022 09/22/22 For Sale $700,000 +254.4% $875 / Sq Ft
09/29/2016 09/29/16 Sold $197,500 -24.0% $353 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $259,900 -- $464 / 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 -- $60,224 $0 $0
2023 -- $58,746 $0 $0
2022 $3,973 $53,766 $0 $0
2021 $3,973 $49,972 $0 $0
2020 $3,973 $50,142 $0 $0
2019 $0 $49,390 $0 $0
2018 $3,765 $146,800 $0 $0
2017 -- $134,300 $0 $0
2016 -- $130,500 $0 $0
2014 -- $125,400 $0 $0
2012 -- $113,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1905193

Northern Great Lakes REALTORS® MLS

APN: 02-006-017-00