NOT LISTED FOR SALE

5133 Silver Lake Shores Rd Traverse City, MI 49685

Estimated Value: $720,000 - $822,000

3 Beds
2 Baths
1,604 Sq Ft
$489/Sq Ft Est. Value

Last Sold January 25, 2018

Last sale price $380,000 $237 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,916/month

187 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Deck
  • Deeded Waterfront Access Rights
  • Reverse Osmosis System
  • Vaulted Ceiling

About This Home

As of January 2018

Completely renovated waterfront home on Silver Lake, make this charming home a true turn-key opportunity. Featuring 3 bedrooms, 2 full bathrooms, island kitchen, large living room/family room with fieldstone fireplace, new hardwood flooring, granite countertops, and beautiful appliance package. This pristine sandy beach allows you to have a dock and hoist for your pontoon boat or power boat. Silver Lake is an all-sports lake offering plenty of opportunities for swimming, fishing, waterskiing, canoeing, kayaking, or just sunbathing on your private sandy beach.

Last Agent to Sell the Property

Kimberly Kamrow

Keller Williams, Home License #6501373846 Listed on: 07/20/2017

Keller Williams, Home

Last Buyer's Agent

Karen Ardery

Century 21 Northland License #6501382161

Century 21 Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,493

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 40' x 148' x 45' x 271'
  • Private Waterfront
  • 40 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Bungalow
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Water Views
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Basement

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

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

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

Community Details

Overview

  • Silver Lake Shores Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,493

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, Bungalow, 1 Story
  • Percent Of Remodel: 90
  • Estimated Year Built: 1940
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1940
  • Year Renovated: 2017

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Ceiling Fan, Reverse Osmosis, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Skylights, Foyer Entrance, Walk-In Closet(s), Granite Bath Tops, Granite Kitchen Tops, Island Kitchen, Formal Dining Room, Vaulted Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 11.5x13.5, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 9.5x11, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 9.5x11, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 2
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 10x14, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 12x14, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 10x14, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15.5x18, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 8x6, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 1604

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Patio, Sidewalk, Covered Porch, Landscaped, Gutters
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Poured Concrete, Daylight Windows, Egress Windows, Full Finished, Entrance Inside
  • Number Of Acres: 0.16
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Sandy Bottom, Public Lake, Sandy Shoreline
  • Waterfront Frontage: 40

Garage/Parking

  • Driveway: Blacktop, Concrete, Private
  • Garage Capacity: 1
  • Primary Garage: Detached, Door Opener, Paved Driveway, Concrete Floors

Utilities

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

Association/Amenities

  • Development Name: Silver Lake Shores

Lot Info

  • Percent Open: 100
  • Deeded Waterfront: Yes
  • Land Features: Cleared, Level
  • Lot Dimensions: 40' x 148' x 45' x 271'
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 2755
  • Total Taxes: 3493
  • Winter Taxes: 738
  • Year Winter: 2017

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Jan 25, 2018
Sold by
Erik Backman
Bought by
Yang Fan
Seller's Agent
Kimberly Kamrow
Keller Williams, Home
Buyer's Agent
Karen Ardery
Century 21 Northland
List Price
$424,900
Sold Price
$380,000
Premium/Discount to List
-$44,900
-10.57%
Current Estimated Value
$784,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,122
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
Jan 11, 2012
Source: Public Records

Range of Values:

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List 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
Yang Fan $380,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2018 01/25/18 Sold $380,000 -10.6% $237 / Sq Ft
07/20/2017 07/20/17 For Sale $424,900 +60.9% $265 / Sq Ft
06/01/2017 06/01/17 Sold $264,000 -4.0% $165 / Sq Ft View Prior Sale
05/15/2017 05/15/17 Pending -- -- --
03/24/2017 03/24/17 For Sale $275,000 -- $171 / 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 $9,509 $330,100 $0 $0
2024 $7,499 $262,000 $0 $0
2023 $7,159 $194,000 $0 $0
2022 $8,660 $195,200 $0 $0
2021 $8,164 $194,000 $0 $0
2020 $8,149 $179,700 $0 $0
2019 $8,199 $177,600 $0 $0
2018 $6,688 $163,700 $0 $0
2017 -- $142,300 $0 $0
2016 -- $141,100 $0 $0
2014 -- $157,700 $0 $0
2012 -- $131,947 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Kamrow

    Seller's Agent in 2018

    Kimberly Kamrow

    Keller Williams, Home

    (231) 947-8200

    7 in this area

    62 Total Sales

    Kimberly Kamrow
    Section Image
  • Karen Ardery

    Buyer's Agent in 2018

    Karen Ardery

    Century 21 Northland

    (231) 357-3584

    3 in this area

    59 Total Sales

    Karen Ardery
    Section Image

  • B

    Seller's Agent in 2017

    Bob Hammond

    Coldwell Banker Schmidt Traver

    (231) 883-2593

    1 Total Sale

    Bob Hammond
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1835806

Northern Great Lakes REALTORS® MLS

APN: 02-670-004-00

Michigan Grand Traverse County Traverse City 49685

5133 Silver Lake Shores Rd, Traverse City, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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