NOT LISTED FOR SALE

5025 Silver Shores Ln Traverse City, MI 49685

Estimated Value: $323,000 - $421,000

4 Beds
3 Baths
2,218 Sq Ft
$175/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $185,000 $83 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,269/month

122 Days on Market

Highlights

  • Public Water Access
  • Deck
  • 2 Car Attached Garage
  • Countryside Views
  • Cathedral Ceiling
  • Wet Bar

About This Home

As of October 2016

Beautiful west side gem w/cathedral ceilings on main floor & open floor plan, 4 BRs, 3 full Baths, an amazing full W/0 lower level w/10' ceiling, wet bar/kitchenette w/built-in fridge and bar sink, built-in theater wiring, 9' slider. Lower level also has large alternate master BR w/walk-in closet & Bath w/heated tile floor. House has a secret room! Huge entry w/9' ceilings, 2 closets & floating bench, over-sized 2 stall garage. Central Air, 90+ efficiency furnace, air filter, well and septic.

Last Agent to Sell the Property

Jim Christians

REO-TCRandolph-233022 License #6506036292 Listed on: 06/28/2016

REO-TCRandolph-233022

Last Buyer's Agent

Weston Buchan

REO-TCRandolph-233022 License #6501369466

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,198

Year Built

  • Built in 1979

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 214 x 120
  • Lot Has A Rolling Slope
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,218 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Heatilator
  • Entrance Foyer
  • Countryside Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Public Water Access
  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,198

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1979
  • Construction: Frame
  • Qtr Section: NE
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1979
  • Year Renovated: 2011

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Natural Gas Water Heater, Water Softener Rented, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Wet Bar, Pantry, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 11.6x13.6, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 10x11.3, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 9.3x13.10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11x11.10, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 2
  • Dining Room: Dimensions: 8.4x11.4, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 22.6x13.6, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 11.4x11.4, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 17.4x11.6, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 2218

Exterior Features

  • Exterior Features: Deck, Patio, Sidewalk, Countryside View
  • Exterior Finish: Vinyl
  • Foundation: Block, Daylight Windows, Entrance Outside, Full, Walkout
  • Number Of Acres: 0.59
  • Road: Blacktop, Private Owned
  • Roof: Asphalt
  • Water Features: Near Pub.Access w/in 500'

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway

Utilities

  • Fireplaces And Stoves: Heatilator Style
  • Heating Cooling Types: Forced Air, Humidifier
  • Laundry: Dimensions: 5.3x11.4, On Level: Lower Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & bounds

Lot Info

  • Lot Number: 1
  • Percent Open: 100
  • Land Features: Rolling
  • Lot Dimensions: 214 x 120
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1492.63
  • Total Taxes: 2198.13
  • Winter Taxes: 705.50
  • Year Winter: 2015

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2016
Closed on
Oct 31, 2016
Seller's Agent
Jim Christians
REO-TCRandolph-233022
Buyer's Agent
Weston Buchan
REO-TCRandolph-233022
List Price
$192,900
Sold Price
$185,000
Premium/Discount to List
-$7,900
-4.1%
Current Estimated Value
$388,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,021
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Feb 7, 2014

Purchase Details

Closed on
Oct 31, 2008

Purchase Details

Closed on
Mar 7, 2007
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
-- $185,000 --
-- $143,000 --
-- $160,000 --
-- $29,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2016 10/31/16 Sold $185,000 -4.1% $83 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
06/28/2016 06/28/16 For Sale $192,900 -- $87 / 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 $2,738 $172,100 $0 $0
2024 $1,850 $137,800 $0 $0
2023 $1,770 $108,800 $0 $0
2022 $2,500 $106,500 $0 $0
2021 $2,417 $108,800 $0 $0
2020 $2,396 $108,400 $0 $0
2019 $2,401 $95,500 $0 $0
2018 $0 $85,600 $0 $0
2017 -- $82,900 $0 $0
2016 -- $83,200 $0 $0
2014 -- $78,800 $0 $0
2012 -- $81,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1819313

Northern Great Lakes REALTORS® MLS

APN: 05-030-012-30