NOT LISTED FOR SALE

527 N East Silver Lake Rd Traverse City, MI 49685

Estimated Value: $1,017,000

4 Beds
3 Baths
2,630 Sq Ft
$387/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $590,000 $224 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,367/month

85 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • RV or Boat Parking
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • 1.5 Acre Lot

About This Home

As of December 2019

Paradise on the lake! This sumptuous 4 bedroom 3 bath home on Silver Lake is your dream come true. Spanning over 2600 SF, this waterfront residence graced with panoramic windows, is a haven for gazing at the Silver Lake views from multiple vantage points and enjoying the most spectacular sunsets. The entryway draws you into a wonderful layout made for entertaining. The view from the deck is the dramatic focal point of the main level, accompanied by the spacious dining area and family room with a fireplace. The master suite is secluded from the additional sleeping quarters and has private deck overlooking the water. The lower level houses a large recreational room with additional bedroom and bath. Laundry is conveniently located on the main level. Explore the 1.50 acres of property being sure to check out the massive 30’x60’ pole barn with 14’ ceiling; plenty of room to house all of your toys or host an epic party!

Last Agent to Sell the Property

Jennifer Hastings

Key Realty One-TC License #6501391762 Listed on: 09/18/2019

Key Realty One-TC

Last Buyer's Agent

Steve Cavender

Keller Williams Northern Michigan License #6501386498

Keller Williams Northern Michigan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,069

Year Built

  • Built in 1981

Lot Details

  • 1.5 Acre Lot
  • Private Waterfront
  • 118 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Sprinkler System
  • Garden
  • The community has rules related to zoning restrictions

Home Design

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

Interior Spaces

  • 2,630 Sq Ft Home
  • Bookcases
  • Fireplace
  • Entrance Foyer
  • Water Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Drive Under Main Level
  • RV or Boat Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Balcony
  • Deck
  • Pole Barn
  • Shed

Utilities

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

Community Details

Overview

  • Association fees include snow removal

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,069

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1981
  • Construction: Block, Timber Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1981

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Walk-In Closet(s), Pantry
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 15.6x13.8, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.7x11.7, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.7x11.7, On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 13.4x12.7, On Level: Lower Floor, Flooring: Tile
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 15.0x12.0, On Level: Main Floor, Flooring: Laminate
  • Family Room: Dimensions: 33.0x15.4, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 13.6x11.0, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 19.8x15.6, On Level: Main Floor, Flooring: Laminate
  • Range: R 11W
  • Total Finished Sf Apx: 2630

Exterior Features

  • Additional Buildings: Pole Building(s), Garden/Storage Shed
  • Body Of Water: Silver Lake
  • Exterior Features: Sprinkler System, Balcony, Deck, Sidewalk, Garden Area, RV Parking
  • Exterior Finish: Vinyl
  • Foundation: Walkout, Block, Finished Rooms, Egress Windows
  • Number Of Acres: 1.5
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom
  • Waterfront Frontage: 118

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 2
  • Primary Garage: Attached, Drive Under/Built-In, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 11.0x7.4, On Level: Main Floor, Flooring: Tile
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Rolling
  • Lot Dimensions: See Legal In Documents
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Outbuildings Allowed

Tax Info

  • Summer Taxes: 4,812.74
  • Total Taxes: 7069.26
  • Winter Taxes: 2,256.52
  • Year Winter: 2018

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2016
Current Estimated Value
$1,017,000

Purchase Details

Closed on
Aug 28, 2010
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
-- $485,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2019 12/18/19 Sold $590,000 -1.7% $224 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $600,000 -4.0% $228 / Sq Ft
09/18/2019 09/18/19 For Sale $625,000 -- $238 / 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
2023 -- $107,260 $0 $0
2022 $0 $113,992 $0 $0
2021 $0 $249,679 $0 $0
2020 $0 $212,628 $0 $0
2019 $0 $256,600 $0 $0
2018 $0 $274,000 $0 $0
2017 -- $244,800 $0 $0
2016 -- $200,900 $0 $0
2014 -- $197,100 $0 $0
2012 -- $209,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1867526

Northern Great Lakes REALTORS® MLS

APN: 05-031-001-10