NOT LISTED FOR SALE

5374 Highland Dr Traverse City, MI 49685

Estimated Value: $998,000 - $1,375,467

4 Beds
4 Baths
2,950 Sq Ft
$392/Sq Ft Est. Value

Last Sold October 17, 2018

Last sale price $625,000 $212 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,687/month

98 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Home Performance with ENERGY STAR
  • Deeded Waterfront Access Rights
  • RV or Boat Parking
  • Tiered Deck

About This Home

As of October 2018

Gorgeous fully updated home on 100 Feet of private frontage on Silver Lake, best of both worlds, lake living and close to downtown TC. Move right in and enjoy this immaculately maintained home The house is designed to make the most of the lovely lake views. Covered front porch and expansive rear deck as well as a private deck off the master suite. Fully landscaped yard with steps down to the dock ( included in sale ) Open Floor plan ideal for easy entertaining. Spacious and well designed kitchen has tons of cabinet & counter space with large island ideal for casual dining. Great flow into the living rooms and dining area as well as out to the large deck! Main guest floor bedroom and laundry. Upstairs are 2 bedrooms plus the lovely master suite with sitting area and upscale master bath as well as a private balcony over looking stunning Silver Lake. Homes lower level is all about fun, with family room, entertainment area and full bath with a walk out to the lake. RV Parking next to the 3 Car garage. NEW ROOF!

Last Agent to Sell the Property

Camille Campbell

Coldwell Banker Schmidt Traver License #6501358130 Listed on: 07/09/2018

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Jennifer Marlow

REO-TCFront-233021 License #6501384035

REO-TCFront-233021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,182

Year Built

  • Built in 1991

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 98x197x100x176
  • Private Waterfront
  • 100 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Sloped Lot
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Wood Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,950 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Great Room
  • Den
  • Workshop
  • Home Gym
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Private Driveway
  • RV or Boat Parking

Eco-Friendly Details

  • Home Performance with ENERGY STAR

Outdoor Features

  • Deeded Waterfront Access Rights
  • Tiered Deck
  • Covered Patio or Porch

Utilities

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

Community Details

Overview

  • Beacon Hills Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,182

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 1991
  • Construction: Frame
  • Principal Residence: Yes
  • Private Shared: Private
  • Univs Design Barrier Free: Main Floor Access
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1991
  • Year Renovated: 2013

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Smoke Alarms(s)
  • Interior Amenities: Foyer Entrance, Pantry, Breakfast Nook, Solid Surface Counters, Island Kitchen, Great Room, Den/Study, Exercise Room, Workshop
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 16x13, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 11x10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x9, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 10x12, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 4
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 3
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 15x10, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 35x11, On Level: Lower Floor, Flooring: Laminate
  • Kitchen: Dimensions: 15x11, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 26x15, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 2950

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Sprinkler System, Deck, Multi-Level Decking, Covered Porch, Landscaped, Garden Area, RV Parking
  • Exterior Finish: Wood
  • Foundation: Full, Walkout, Wood
  • Number Of Acres: 0.42
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener, Paved Driveway

Utilities

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

Association/Amenities

  • Development Name: Beacon Hills

Lot Info

  • Lot Number: 5
  • Deeded Waterfront: Yes
  • Land Features: Cleared, Wooded, Sloping
  • Lot Dimensions: 98x197x100x176
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Green Features

  • Energy Efficient: Energy Star Appliances

Tax Info

  • Summer Taxes: 3503.69
  • Winter Taxes: 1715.89
  • 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 9, 2018
Closed on
Oct 17, 2018
Sold by
Neville Robert G
Bought by
Marlow Ronald D and Marlow Jennifer A
Seller's Agent
Camille Campbell
Coldwell Banker Schmidt Traver
Buyer's Agent
Jennifer Marlow
REO-TCFront-233021
List Price
$675,000
Sold Price
$625,000
Premium/Discount to List
-$50,000
-7.41%
Current Estimated Value
$1,157,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$532,367
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
May 20, 2015

Purchase Details

Listed on
Mar 29, 2010
Closed on
Feb 15, 2012
Seller's Agent
Lou Wolf
Coldwell Banker Schmidt Traver
Buyer's Agent
Non Member Office
NON-MLS MEMBER OFFICE
List Price
$595,000
Sold Price
$375,000
Premium/Discount to List
-$220,000
-36.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Closed on
Jun 3, 2002
Source: Public Records

Range of Values:

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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
Marlow Ronald D $625,000 --
-- -- --
-- $375,000 --
-- $375,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2018 10/17/18 Sold $625,000 -3.7% $212 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
08/27/2018 08/27/18 Price Changed $649,000 -0.9% $220 / Sq Ft
08/10/2018 08/10/18 Price Changed $655,000 -1.5% $222 / Sq Ft
07/24/2018 07/24/18 Price Changed $665,000 -1.5% $225 / Sq Ft
07/09/2018 07/09/18 For Sale $675,000 +80.0% $229 / Sq Ft
02/15/2012 02/15/12 Sold $375,000 -37.0% $136 / Sq Ft View Prior Sale
01/15/2012 01/15/12 Pending -- -- --
03/29/2010 03/29/10 For Sale $595,000 -- $216 / 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 $7,182 $594,400 $0 $0
2024 $4,851 $461,900 $0 $0
2023 $4,642 $340,500 $0 $0
2022 $6,625 $341,600 $0 $0
2021 $6,370 $340,500 $0 $0
2020 $6,316 $322,200 $0 $0
2019 $6,358 $226,000 $0 $0
2018 $0 $244,900 $0 $0
2017 -- $219,800 $0 $0
2016 -- $185,900 $0 $0
2014 -- $192,200 $0 $0
2012 -- $259,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1849547

Northern Great Lakes REALTORS® MLS

APN: 05-050-005-00