NOT LISTED FOR SALE

5105 Silver Shores Ln Traverse City, MI 49685

Estimated Value: $328,000 - $434,323

3 Beds
2 Baths
1,590 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $182,000 $114 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $2,360/month

243 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Deck
  • 180 Feet of Waterfront
  • Lake Privileges
  • Pole Barn

About This Home

As of March 2015

180 feet of shared waterfront on Silver Lake comes with this 3 bedroom 2 bath home. Plenty of room for all your toys with the attached 1 car garage and a separate 24 x 32 heated garage/workshop. Take a short stroll down the private road to the water and enjoy the gazebo, fire pit and the beautiful sandy beach. The open deck with fire pit, snack bar in the kitchen and the large living room make this a wonderful home for entertaining. Other features include an office/den, sprinkler system and all appliances.

Last Agent to Sell the Property

Gary Florip

Lakeview Realty & Rental Mgmt License #6501292846 Listed on: 06/29/2014

Last Buyer's Agent

Laura Tarsa

Coldwell Banker Schmidt Traver License #6502372258

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1976

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 151x120
  • 180 Feet of Waterfront
  • Sandy Beach
  • Sprinkler System
  • The community has rules related to zoning restrictions

Home Design

  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Deck
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Community Well
  • Cable TV Available

Community Details

Overview

  • Association fees include trash removal, water
  • Silver Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,949

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1976
  • Construction: Frame
  • Private Shared: Shared
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1976
  • Year Renovated: 1997

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
  • Interior Amenities: Pantry, Breakfast Nook
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11x13, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 9x12, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room: Dimensions: 11x14, On Level: Main Floor, Flooring: Tile
  • Kitchen: Dimensions: 10x12, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 17x20, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 1590

Exterior Features

  • Additional Buildings: Pole Building(s)
  • Body Of Water: Silver Lake
  • Exterior Features: Sprinkler System, Deck
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space
  • Number Of Acres: 0.41
  • Road: Gravel, Association, Privately Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Sandy Bottom, Sandy Shoreline
  • Waterfront Frontage: 180

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Community Well

Condo/Co-op/Association

  • HOA Fee Includes: Trash Removal, Water

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Silver Shores

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: 151x120
  • 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

Listed on
Jun 29, 2014
Closed on
Mar 2, 2015
Seller's Agent
Gary Florip
Lakeview Realty & Rental Mgmt
Buyer's Agent
Laura Tarsa
Coldwell Banker Schmidt Traver
List Price
$182,000
Sold Price
$182,000
Current Estimated Value
$401,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,831
Avg. Annual Appreciation
7.71%

Purchase Details

Closed on
Jul 12, 2001

Purchase Details

Closed on
Jul 19, 1996
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
-- $182,000 --
-- -- --
-- $74,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2015 03/02/15 Sold $182,000 0.0% $114 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
06/29/2014 06/29/14 For Sale $182,000 -- $114 / 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 $2,949 $188,700 $0 $0
2024 $1,992 $153,600 $0 $0
2023 $1,906 $122,400 $0 $0
2022 $2,693 $120,400 $0 $0
2021 $2,603 $122,400 $0 $0
2020 $2,581 $122,800 $0 $0
2019 $2,586 $107,800 $0 $0
2018 $0 $94,100 $0 $0
2017 -- $89,300 $0 $0
2016 -- $88,500 $0 $0
2014 -- $70,300 $0 $0
2012 -- $55,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1787078

Northern Great Lakes REALTORS® MLS

APN: 05-030-012-10