NOT LISTED FOR SALE

4712 Arden Park Dr Silverwood, MI 48760

Estimated Value: $80,383 - $103,000

2 Beds
1 Bath
700 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $75,000 $107 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $569/month

26 Days on Market

Highlights

  • Water Views
  • Ranch Style House
  • Ground Level Unit
  • Lake Privileges
  • Furnished
  • Patio

About This Home

As of May 2024

Step back in time to the nostalgic charm of this classic 1950s log cabin, ideally situated with tranquil water views of 45 acre all-sports Shay Lake. This property presents a prime opportunity for Airbnb hosting, catering to seekers of rustic tranquility and outdoor adventure. Whether you’re an avid outdoors person or simply yearning for a weekend escape, this cabin offers respite in a quiet rural enclave. With reliable internet connectivity, it’s also a haven for remote workers seeking a peaceful retreat. Complete with a convenient carport, storage shed, and an additional lot; this fully-furnished, 4 season cabin invites you to step into a simpler way of life, embracing the essence of lakeside living amidst the changing seasons of Michigan. *Buyer to verify all requirements, limitations and restrictions for any property uses as may pertain to STR. *Sale includes additional lot#005014561460000 BTVAI

Last Agent to Sell the Property

Traci Martin

Max Broock, REALTORS®-Bloomfield Hills License #6501384172 Listed on: 04/03/2024

Max Broock, REALTORS®-Bloomfield Hills

Last Buyer's Agent

Amy Loomis

Keller Williams First License #6501401539

Keller Williams First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1954

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 120 x 240

Parking

  • Carport

Home Design

  • Ranch Style House
  • Cottage
  • Log Cabin
  • Slab Foundation
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 700 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Water Views

Kitchen

  • Free-Standing Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake Privileges
  • Patio
  • Exterior Lighting
  • Shed

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Programmable Thermostat
  • Liquid Propane Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 005014561450000

Community Details

Overview

  • Property has a Home Owners Association
  • Shaylakeassociation.Com Association
  • Shay Lake Heights Sub No 2 Subdivision

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,392

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cottage, Ranch, Log Home
  • Architecture Level: 1 Story
  • Assessment: 250.00
  • Year Built: 1954
  • State Equalized Value: 25500.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Smoke Alarm, Cable Available, Circuit Breakers, Programmable Thermostat, Furnished - Yes
  • Fireplace: Yes
  • Fireplace Fuel: Electric
  • Total Bedrooms: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Kitchen Appliances: Free-Standing Electric Range, Free-Standing Refrigerator, Microwave
  • Total Sq Ft: 700

Exterior Features

  • Roof Material: Asphalt
  • Waterfront Name: Shay Lake
  • Foundation Details: Slab
  • Construction Materials: Log
  • Exterior Features: Lighting
  • Porch Type: Patio
  • Road Frontage Type: Gravel
  • Sideof Street: E
  • Waterfront Description: Lake Privileges

Garage/Parking

  • Garage Size: No Garage
  • Garage Features: Carport

Utilities

  • Heating Fuel: LP Gas/Propane
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Wall/Floor Furnace
  • Sewer: Septic Tank (Existing)
  • Water Heater Fuel: LP Gas/Propane
  • Water Source: Well (Existing)

Condo/Co-op/Association

  • Association Fee Frequency: Optional
  • Phone: shaylakeassociation@gmail.com
  • Association Fee: 150
  • Association Contact: shaylakeassociation.com
  • Association Fee: Yes

Lot Info

  • Lot Features: Vacation Home, Water View
  • Lot Size Area: 0.32
  • Lot Dimensions: 120 x 240
  • Parcel Number: 005014561450000

Tax Info

  • Tax Amount Summer: 249.0000
  • Tax Amount Winter: 1143.0000
  • Total Tax: 1392.0000
  • Taxable Value: 24885.0000

Multi Family

  • Waterfront Features: All Sports Lake

MLS Schools

  • School District: Kingston

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 30, 2024
Sold by
Myles Heidi and Myles Jeffrey
Bought by
Atkins Judith
Seller's Agent
Traci Martin
Max Broock, REALTORS®-Bloomfield Hills
Buyer's Agent
Amy Loomis
Keller Williams First
List Price
$75,000
Sold Price
$75,000
Views
136
Current Estimated Value
$90,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,096
Avg. Annual Appreciation
13.89%
Original Mortgage
$56,300
Outstanding Balance
$55,609
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$34,487

Purchase Details

Listed on
Mar 8, 2021
Closed on
Sep 3, 2021
Sold by
Floyd Christine Sullivan and Estate Of Dennis Sullivan
Bought by
Myles Heidi and Myles Jeffrey
Seller's Agent
Evduza Ramaj
Inside Realty, LLC
Buyer's Agent
Michael Stephens
MBA Real Estate Services
List Price
$79,900
Sold Price
$47,900
Premium/Discount to List
-$32,000
-40.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.78%
Original Mortgage
$39,600
Interest Rate
2.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 16, 2006
Sold by
Neely Eddie and Woods Joe
Bought by
Sullivan Dennis
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Atkins Judith $75,000 None Listed On Document
Myles Heidi $49,500 Title One Inc
Sullivan Dennis $21,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atkins Judith $56,300
Closed Atkins Judith $56,300
Previous Owner Myles Heidi $39,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/30/2024 05/30/24 Sold $75,000 0.0% $107 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $75,000 0.0% $107 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $75,000 +56.6% $107 / Sq Ft
09/03/2021 09/03/21 Sold $47,900 -27.3% $68 / Sq Ft View Prior Sale
06/14/2021 06/14/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $65,900 -2.9% $94 / Sq Ft
06/04/2021 06/04/21 Price Changed $67,900 -4.2% $97 / Sq Ft
05/24/2021 05/24/21 Price Changed $70,900 -6.6% $101 / Sq Ft
05/19/2021 05/19/21 Price Changed $75,900 -5.0% $108 / Sq Ft
05/15/2021 05/15/21 For Sale $79,900 0.0% $114 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $79,900 -- $114 / Sq Ft
Source: Realcomp

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 $1,166 $19,600 $0 $0
2024 $1,166 $33,300 $0 $0
2023 $1,392 $25,500 $0 $0
2022 $1,338 $23,700 $0 $0
2021 $506 $20,800 $0 $0
2020 $484 $11,700 $0 $0
2019 $480 $15,400 $0 $0
2018 $417 $13,700 $0 $0
2017 $411 $11,700 $0 $0
2016 $389 $12,000 $0 $0
2015 $7 $11,500 $0 $0
2014 $7 $9,800 $0 $0
2013 $8 $12,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240021078

Realcomp

APN: 005-014-561-4500-00