NOT LISTED FOR SALE

410 Silver Lake Dr Lake, MI 48632

Estimated Value: $68,000 - $140,000

1 Bed
1 Bath
618 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $65,000 $105 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $631/month

156 Days on Market

Highlights

  • Guest House
  • Main Floor Primary Bedroom
  • Paneling
  • Public Water Access
  • Cottage
  • Ceiling Fan

About This Home

As of April 2022

Cute little cottage in pinora park with lake access to silver lake. Silver lake is a great get away for the weekend or summer. This cottage can sleep up to 8 with the bunk house and small addition on the back. No association fees. This is a must see property. Property is sold AS-IS.

Last Agent to Sell the Property

Justin Lewis

Five Star Real Estate - Mitchell St Cadillac License #6501434224 Listed on: 10/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,432

Year Built

  • Built in 1951

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 52'x95'
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 618 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Public Water Access
  • Waterfront Park

Additional Homes

  • Guest House

Schools

  • Farwell High School

Utilities

  • Heating unit installed on the ceiling
  • Space Heater
  • Well

Community Details

Recreation

  • Trails

Additional Features

  • Pinora Park Community
  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,432

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage
  • Estimated Year Built: 1951
  • Construction: Block
  • Section Number: 30
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1951

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Blinds, Ceiling Fan
  • Interior Amenities: Drywall, Paneling
  • Bedrooms: 1
  • Bedroom 1: Dimensions: 10'x8'
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12'x12'
  • Living Room: Dimensions: 15'x15'
  • Estimated Above Ground Finished Sq Ft: 618
  • Price Per Sq Ft: 105.18
  • Range: R 5W
  • Total Finished Sf Apx: 618

Exterior Features

  • Additional Buildings: Guest House
  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Number Of Acres: 0.11
  • Road: Association
  • Roof: Asphalt
  • Water Features: Inland Lake, Near Pub.Access w/in 500'

Garage/Parking

  • Driveway: Concrete

Utilities

  • Fireplaces And Stoves: Gas
  • Heating Cooling Types: Space Heater, Ceiling
  • Laundry: On Level: None
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Amenities: Water Front Park, Common Area, Trails
  • Development Name: Pinora Park

Schools

  • School District: Farwell Area Schools
  • High School: Farwell High School

Lot Info

  • Lot Number: 8
  • Lot Dimensions: 52'x95'
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Unknown

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 140.67
  • Winter Taxes: 580.70
  • Year Summer: 2020
  • Year Winter: 2020

MLS Schools

  • HighSchool: Farwell High School
  • School District: Farwell Area Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Apr 13, 2022
Sold by
Christensen David L
Bought by
Woods Ashley and Woods Cole T
Seller's Agent
Justin Lewis
Five Star Real Estate - Mitchell St Cadillac
List Price
$74,500
Sold Price
$65,000
Premium/Discount to List
-$9,500
-12.75%
Current Estimated Value
$95,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,990
Avg. Annual Appreciation
6.08%
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
Woods Ashley $65,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $65,000 -12.8% $105 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $74,500 +14.6% $121 / Sq Ft
01/12/2022 01/12/22 Off Market $65,000 -- --
10/11/2021 10/11/21 For Sale $74,500 -- $121 / 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 $1,432 $36,400 $8,700 $27,700
2024 $306 $28,400 $5,600 $22,800
2023 $145 $27,100 $3,400 $23,700
2022 $751 $16,100 $2,700 $13,400
2021 $734 $15,300 $0 $0
2020 $720 $14,200 $0 $0
2019 $678 $12,600 $0 $0
2018 $690 $13,000 $0 $0
2017 $136 $13,700 $0 $0
2016 $134 $13,800 $0 $0
2015 -- $13,600 $0 $0
2014 -- $12,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1893955

Northern Great Lakes REALTORS® MLS

APN: 010-420-008-00