NOT LISTED FOR SALE

5056 Silver Pines Rd Traverse City, MI 49685

Estimated Value: $341,774 - $395,000

2 Beds
1.5 Baths
1,387 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $122,000 $88 Per Sq Ft

Est. 196% increase in value since last sale

Current estimated payment $2,067/month

54 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Countryside Views
  • Ranch Style House
  • 50 Feet of Waterfront
  • Wooded Lot
  • Solarium

About This Home

As of December 2012

Enjoy main-level living in an area close to town & recreation! Highlights of the home incl. a bright sunroom w/ sliders on 3 sides, a fireplace & large bay window in the living room, stainless appliances, updated baths, a main floor laundry & heated breezeway that leads to the attached 2-car garage. Shared frontage on Silver Lake is at the end of Silver Pines. The Silver Lake Recreation Park is within walking distance & features tennis & basketball courts, a playground, pavilion & paved walking path!

Last Agent to Sell the Property

Mike Street

Coldwell Banker Schmidt Traver License #6502115027 Listed on: 09/06/2012

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 1976

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 100x233
  • 50 Feet of Waterfront
  • Fenced Yard
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,387 Sq Ft Home
  • Fireplace
  • Bay Window
  • Solarium
  • Countryside Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Public Water Access
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Multiple Heating Units
  • Baseboard Heating
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Silver Pines Resort Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,025

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1976
  • Construction: Brick
  • Private Shared: Shared
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1976

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Water Softener Owned
  • Interior Amenities: Bay Window(s), Solarium/Sun Room
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12.00x10.00, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12.00x10.00, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 18.00x13.00, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Dining Room: Dimensions: 17.00xCombo, On Level: Main Floor, Flooring: None
  • Kitchen: Dimensions: Combox12.00, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 20.00x13.00, On Level: Main Floor, Flooring: Carpet
  • Total Finished Sf Apx: 1387

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Silver Lake
  • Exterior Features: Fenced Yard, Countryside View
  • Exterior Finish: Vinyl
  • Foundation: Full, Poured Concrete, Finished Rooms
  • Number Of Acres: 0.53
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Near Pub.Access w/in 500'
  • Waterfront Frontage: 50

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Baseboard, Central Air, Humidifier
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: Silver Pines Resort

Lot Info

  • Lot Number: pt 115
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods
  • Lot Dimensions: 100x233
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2012
Closed on
Dec 21, 2012
Seller's Agent
Mike Street
Coldwell Banker Schmidt Traver
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$129,900
Sold Price
$122,000
Premium/Discount to List
-$7,900
-6.08%
Current Estimated Value
$360,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,944
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Apr 23, 2009

Purchase Details

Closed on
Apr 29, 2008
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
-- $122,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $122,000 -6.1% $88 / Sq Ft
10/30/2012 10/30/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $129,900 -- $94 / 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 $2,025 $143,600 $0 $0
2024 $1,368 $110,300 $0 $0
2023 $1,309 $81,300 $0 $0
2022 $1,851 $87,800 $0 $0
2021 $1,790 $81,300 $0 $0
2020 $1,775 $75,300 $0 $0
2019 $1,792 $71,100 $0 $0
2018 $0 $77,700 $0 $0
2017 -- $72,100 $0 $0
2016 -- $70,700 $0 $0
2014 -- $63,200 $0 $0
2012 -- $50,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1739286

Northern Great Lakes REALTORS® MLS

APN: 05-295-115-10