NOT LISTED FOR SALE

590 N West Silver Lake Rd Traverse City, MI 49685

Estimated Value: $578,000 - $674,779

4 Beds
2 Baths
1,662 Sq Ft
$388/Sq Ft Est. Value

Last Sold September 13, 2019

Last sale price $383,000 $230 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,808/month

31 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Ranch Style House
  • Deeded Waterfront Access Rights
  • Deck
  • Granite Countertops

About This Home

As of September 2019

"I can't wait to get Up North to the cottage!" That's what you'll be thinking all of the time when you own this charming 4+BR/2bath main floor living, Ranch style home on beautiful Silver Lake. Recently updated this open-concept home is tastefully decorated with a floor plan that makes company easy. The home sits deep on its lot (no road noise) and high for expansive water views. Silver Lake is a very popular all sports lake just 10 min's to downtown Traverse City. A complete list of recent upgrades and improvements is available upon request.

Last Agent to Sell the Property

Debra Hall

REO-TCRandolph-233022 License #6501300274 Listed on: 07/27/2019

REO-TCRandolph-233022

Last Buyer's Agent

Weston Buchan

REO-TCRandolph-233022 License #6501369466

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,989

Year Built

  • Built in 1945

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 65.98 x 286.17
  • Private Waterfront
  • 65 Feet of Waterfront
  • Fenced Yard
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Membrane Roofing
  • Vinyl Siding

Interior Spaces

  • 1,662 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Water Views

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck

Utilities

  • Baseboard Heating
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,989

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1945
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 31
  • Univs Design Barrier Free: Main Floor Access, No Steps Entry, Covered Entrance
  • Year Updated: 2018
  • Year Renovated: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1945

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Granite Kitchen Tops, Island Kitchen
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 25.00x09.06, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13.08x09.04, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.07x09.08, On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11.10x08.00, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12.00x11.00, On Level: Main Floor, Flooring: Other
  • Kitchen: Dimensions: 15.07x08.03, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 25.00x18.00, On Level: Main Floor, Flooring: Other
  • Other Room: Dimensions: 09.07x09.08, On Level: Main Floor, Flooring: Tile
  • Estimated Above Ground Finished Sq Ft: 1662
  • Price Per Sq Ft: 230.45
  • Range: R 12W
  • Total Finished Sf Apx: 1662

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Fenced Yard, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Slab
  • Number Of Acres: 0.4
  • Road: Public Maintained, Blacktop
  • Roof: Membrane
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Private Dock
  • Waterfront Frontage: 65

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Hot Water, Baseboard
  • Laundry: Dimensions: 06.00x06.00, On Level: Main Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Lot Number: 7
  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 65.98 x 286.17
  • Mineral Rights: Unknown
  • 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
Jul 27, 2019
Closed on
Sep 13, 2019
Sold by
Arndt Richard D
Bought by
Reed Christopher and Reed Lauren
Seller's Agent
Debra Hall
REO-TCRandolph-233022
Buyer's Agent
Weston Buchan
REO-TCRandolph-233022
List Price
$400,000
Sold Price
$383,000
Premium/Discount to List
-$17,000
-4.25%
Current Estimated Value
$644,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,695
Avg. Annual Appreciation
8.79%

Purchase Details

Listed on
Sep 11, 2017
Closed on
Sep 26, 2017
Sold by
William Schaldenbrand
Bought by
Arndt Richard D and Arndt Melody
Seller's Agent
Mike Street
Coldwell Banker Schmidt Traver
Buyer's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.27%

Purchase Details

Closed on
Jan 22, 2003

Purchase Details

Closed on
Aug 6, 1993
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
Reed Christopher $383,000 --
Arndt Richard D $300,000 --
-- $205,000 --
-- $96,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2019 09/13/19 Sold $383,000 -1.0% $230 / Sq Ft
08/27/2019 08/27/19 Pending -- -- --
08/06/2019 08/06/19 Price Changed $387,000 -3.3% $233 / Sq Ft
07/27/2019 07/27/19 For Sale $400,000 +33.3% $241 / Sq Ft
09/26/2017 09/26/17 Sold $300,000 0.0% $181 / Sq Ft View Prior Sale
09/13/2017 09/13/17 Pending -- -- --
09/11/2017 09/11/17 For Sale $299,900 -- $180 / 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 $4,989 $306,500 $0 $0
2024 $3,370 $300,600 $0 $0
2023 $3,224 $209,000 $0 $0
2022 $4,623 $208,400 $0 $0
2021 $4,471 $209,000 $0 $0
2020 $4,433 $160,900 $0 $0
2019 $6,130 $132,000 $0 $0
2018 $0 $140,400 $0 $0
2017 -- $119,000 $0 $0
2016 -- $109,200 $0 $0
2014 -- $97,300 $0 $0
2012 -- $132,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1865062

Northern Great Lakes REALTORS® MLS

APN: 05-031-049-00