NOT LISTED FOR SALE

5333 Sylvan Point Rd Honor, MI 49640

Estimated Value: $529,000 - $702,000

3 Beds
2 Baths
1,488 Sq Ft
$407/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $109,000 $73 Per Sq Ft

Est. 455% increase in value since last sale

Current estimated payment $3,781/month

142 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Ranch Style House
  • Deeded Waterfront Access Rights
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of May 2015

Enjoy a Scenic 150' of Private Little Platte Lake Frontage from this Sylvan Point Cottage. Home is rustic and private and can benefit from updating throughout. Features include; 1488 Square Feet of Main Floor Living, Private Master BR Suite, Larger Living Room with Brick Surround Natural Fireplace, Central Air Conditioning, Deck overlooking large grassy backyard & wide Lake Views, 2 Car Attached Garage, and Storage Shed.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 11/10/2014

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Christine Stapleton

Stapleton Realty License #6504271071

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,670

Year Built

  • Built in 1980

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 235x150
  • Private Waterfront
  • 150 Feet of Waterfront
  • Dirt Road
  • Fenced Yard
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

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

Interior Spaces

  • 1,488 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Bay Window
  • Water Views
  • Crawl Space
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Deck
  • Shed

Utilities

  • Baseboard Heating
  • Well

Community Details

  • Sylvan Point Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,670

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1980
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 25
  • Year Updated: 1980
  • Year Renovated: 1980
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1980

Interior Features

  • Appliances Equipment: No Appliances
  • Interior Amenities: Cathedral Ceilings, Bay Window(s), Fixer-Upper
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 14x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12x10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x10, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 11x9, On Level: Main Floor, Flooring: Laminate
  • Kitchen: Dimensions: 12x12, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 18x14, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1488
  • Price Per Sq Ft: 73.25
  • Range: R 15W
  • Total Finished Sf Apx: 1488

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Little Platte Lake
  • Exterior Features: Deck, Fenced Yard
  • Exterior Finish: Vinyl
  • Foundation: Crawl Space, Block
  • Number Of Acres: 0.81
  • Road: Private Owned, Dirt, Association
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Soft Bottom, Gradual Slope to Water, Vegetation to Water Edge, Public Lake
  • Waterfront Frontage: 150

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Baseboard
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Sylvan Point

Schools

  • School District: Benzie County Central Schools

Lot Info

  • Lot Number: 3+
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Cleared, Wooded, Level
  • Lot Dimensions: 235x150
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Benzie County Central Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2014
Closed on
Apr 27, 2015
Sold by
Federal Natl Mtg Assn Fnma
Bought by
Salomone Karen M and Salomone Geno D
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Christine Stapleton
Stapleton Realty
List Price
$158,500
Sold Price
$109,000
Premium/Discount to List
-$49,500
-31.23%
Current Estimated Value
$605,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,301
Avg. Annual Appreciation
16.19%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Salomone Karen M $109,000 Resource Title Nat L Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2015 05/13/15 Sold $109,000 -31.2% $73 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
11/10/2014 11/10/14 For Sale $158,500 -- $107 / 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 $6,670 $252,700 $0 $0
2024 $1,567 $217,000 $0 $0
2023 $1,500 $159,000 $0 $0
2022 -- $160,400 $0 $0
2021 -- $172,400 $0 $0
2020 -- -- $0 $0
2019 -- -- $0 $0
2018 -- -- $0 $0
2017 -- -- $0 $0
2016 -- -- $0 $0
2011 -- -- $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hagan

    Seller's Agent in 2015

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    385 Total Sales

    Mark Hagan
    Section Image
  • Christine Stapleton

    Buyer's Agent in 2015

    Christine Stapleton

    Stapleton Realty

    (231) 499-2698

    196 Total Sales

    Christine Stapleton
    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1792289

Northern Great Lakes REALTORS® MLS

APN: 10-220-004-10

Michigan Benzie County Honor 49640

5333 Sylvan Point Rd, Honor, MI

This home is located at 5333 Sylvan Point Rd, Honor, MI 49640 since 10 November 2014 and is currently estimated at $605,301, approximately $406 per square foot. This property was built in 1980. 5333 Sylvan Point Rd is a home located in Benzie County with nearby schools including Benzie Central Senior High School.

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.

Nearby Homes