NOT LISTED FOR SALE

468 Brakel Point Dr Traverse City, MI 49685

Estimated Value: $535,000 - $809,348

3 Beds
2 Baths
1,468 Sq Ft
$487/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $550,000 $375 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,683/month

9 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Deck
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Solid Surface Countertops

About This Home

As of May 2021

Start making memories in beautiful Traverse City on Silver Lake! Imagine your new lifestyle of waterfront living where you can gaze at the blue waters of Silver Lake daily, enjoy the gorgeous sunset views every evening, wade and swim at the sandy frontage and jump on your boat for a cruise around the lake or for a day of water sports. This well-maintained home is located on popular Brakel Point Drive where short term rentals are allowed. Use it for yourself, use it as an investment or both! You will be absolutely awed by the gorgeous sunset views in combination with expansive Silver Lake views. 3 bedrooms, 2 baths, 1468 sq. ft., gas fireplace with a walk out lower level. All information is deemed accurate but should be verified by purchaser.

Last Agent to Sell the Property

Bob Rieck

Coldwell Banker Schmidt Traver License #6501335328 Listed on: 05/05/2021

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Jon Zickert

REO-TCBeulah-Frankfort-233027 License #6501375183

REO-TCBeulah-Frankfort-233027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,457

Year Built

  • Built in 1972

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x125x18x127
  • Private Waterfront
  • 50 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Deck
  • Patio
  • Shed

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Well

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,457

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1972
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 6
  • Year Updated: 2015
  • Year Renovated: 2015
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Blinds, Ceiling Fan
  • Interior Amenities: Pantry, Solid Surface Counters
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 9x9.07, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10.02x9.07, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x11, On Level: Lower Floor, Flooring: Tile
  • Total Bathrooms: 2
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12xcombo, On Level: Main Floor, Flooring: Vinyl
  • Family Room: Dimensions: 11x24.06, On Level: Lower Floor, Flooring: Tile
  • Kitchen: Dimensions: combox15.02, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 11x15.02, On Level: Main Floor, Flooring: Vinyl
  • Estimated Above Ground Finished Sq Ft: 768
  • Estimated Below Grade Finished Sq Ft: 700
  • Estimated Below Grade Unfinished Sq Ft: 68
  • Price Per Sq Ft: 374.66
  • Range: R 11W
  • Total Finished Sf Apx: 1468

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Patio, Sidewalk, Landscaped
  • Exterior Finish: Wood
  • Foundation: Full, Walkout, Block, Finished Rooms, Egress Windows
  • Number Of Acres: 0.11
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 50

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Hot Water, Baseboard, Ductless A/C
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable Internet
  • Water: Private Well

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Sloping
  • Lot Dimensions: 50x125x18x127
  • 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

Closed on
Jul 18, 1997
Current Estimated Value
$715,587
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
-- $129,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $550,000 +10.0% $375 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $499,900 -- $341 / 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 $10,457 $303,800 $0 $0
2024 $8,247 $254,100 $0 $0
2023 $7,873 $200,300 $0 $0
2022 $9,517 $207,000 $0 $0
2021 $4,582 $200,300 $0 $0
2020 $2,788 $190,800 $0 $0
2019 $2,831 $189,500 $0 $0
2018 $2,654 $193,400 $0 $0
2017 -- $180,300 $0 $0
2016 -- $162,100 $0 $0
2014 -- $159,100 $0 $0
2012 -- $147,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1886972

Northern Great Lakes REALTORS® MLS

APN: 02-006-010-00