NOT LISTED FOR SALE

5085 Silver Pines Rd Traverse City, MI 49685

Estimated Value: $387,000 - $454,000

2 Beds
1 Bath
988 Sq Ft
$414/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $176,000 $178 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,375/month

28 Days on Market

Highlights

  • 1.16 Acre Lot
  • Deck
  • Ranch Style House
  • Lake Privileges
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of June 2019

Very cute home located minutes from Traverse City on the West side. This home has a 2-yr old roof, newer appliances, freshly painted and many possibilities for the large wooded backyard. Near to the Silver Lake Recreation Area which boasts 84 acres of park & recreation including grills, tee-ball field, tennis courts, basketball courts, dog park, multi-use field along with hunting & fishing! Ownership includes access to Silver Lake just down the road with no association dues! Access to Silver Lake is not deeded.

Last Agent to Sell the Property

Rene Hills

REO-TCFront-233021 License #6506047677 Listed on: 05/08/2019

REO-TCFront-233021

Last Buyer's Agent

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537

REMAX Bayshore - W Bay Shore Dr TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,189

Year Built

  • Built in 1981

Lot Details

  • 1.16 Acre Lot
  • Lot Dimensions are 150x344x149x343
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 988 Sq Ft Home
  • Wood Burning Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 1 Car Detached Garage
  • Brick Driveway

Outdoor Features

  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

Overview

  • Silver Pines Resort Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,189

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch
  • Estimated Year Built: 1981
  • Construction: Frame
  • Principal Residence: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1981

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Natural Gas Water Heater
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 12.4x13.2, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 8.4x10.8, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 9x11, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 10.5x8.2, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 21.8x13.6, On Level: Main Floor, Flooring: Wood
  • Range: R 12W
  • Total Finished Sf Apx: 988

Exterior Features

  • Exterior Features: Deck, Covered Porch
  • Exterior Finish: Vinyl
  • Foundation: Partial, Crawl Space, Block
  • Number Of Acres: 1.16
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports

Garage/Parking

  • Driveway: Brick
  • Garage Capacity: 1
  • Primary Garage: Detached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Silver Pines Resort

Lot Info

  • Land Features: Wooded
  • Lot Dimensions: 150X344X149X343
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1485
  • Total Taxes: 2189
  • Winter Taxes: 704
  • Year Winter: 2018

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Jun 10, 2019
Sold by
Towne Mark M
Bought by
Demin Jeffrey
Seller's Agent
Rene Hills
REO-TCFront-233021
Buyer's Agent
Bob Brick
REMAX Bayshore - W Bay Shore Dr TC
List Price
$159,000
Sold Price
$176,000
Premium/Discount to List
$17,000
10.69%
Current Estimated Value
$409,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,351
Avg. Annual Appreciation
14.12%

Purchase Details

Closed on
Jan 13, 2017

Purchase Details

Closed on
May 9, 2008

Purchase Details

Closed on
Dec 23, 2004
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
Demin Jeffrey $176,000 --
-- $138,100 --
-- $130,000 --
-- $112,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2019 06/11/19 Sold $176,000 +10.7% $178 / Sq Ft
06/05/2019 06/05/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $159,000 -- $161 / 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 $2,666 $203,200 $0 $0
2024 $1,801 $125,200 $0 $0
2023 $1,723 $92,700 $0 $0
2022 $2,437 $101,900 $0 $0
2021 $2,356 $92,700 $0 $0
2020 $2,335 $86,000 $0 $0
2019 $2,083 $74,600 $0 $0
2018 $0 $79,000 $0 $0
2017 -- $75,100 $0 $0
2016 -- $73,600 $0 $0
2014 -- $56,100 $0 $0
2012 -- $46,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1860657

Northern Great Lakes REALTORS® MLS

APN: 05-295-112-10