NOT LISTED FOR SALE

708 S Silver Place Indian River, MI 49749

Estimated Value: $555,000 - $897,000

3 Beds
0.5 Bath
2,604 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $415,000 $159 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,571/month

75 Days on Market

Highlights

  • Lake Front
  • Deck
  • Main Floor Bedroom
  • Docks
  • Wood Flooring
  • First Floor Utility Room

About This Home

As of November 2018

THIS GREAT LOG HOME IS SITUATED ON PRIVATE SILVER LAKE...Located East of Indian River just 10 minutes to I-75. Adjoins thousands of acres of State Land. Be one of 24 to enjoy 1,200 acres including a 10+ acre lakefront parcel with 300' of frontage....truly emphasizes privacy and tranquility. Includes oil, gas, mineral rights as well as forest management.

Home is move in ready and up to date with furnishings included. Cathedral ceiling accented by stone fireplace sets the great room casual elegance for Northern living... 3 b/r - 2 1/2 baths and lower level adds to ample space for family and entertaining. Added feature is the large screened porch. A pleasant stroll to the lake and your personal dock with electric power to charge the battery saves carrying. Plenty of cell phone power as well as wi-fi provided by booster......$429,000.00 well below duplication costs.

Last Agent to Sell the Property

Dale Smith

smith realty GROUP License #6506045918 Listed on: 07/25/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,451

Lot Details

  • 11 Acre Lot
  • Lake Front
  • Dirt Road

Home Design

  • Log Siding

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 0.5 Bathroom

Outdoor Features

  • Docks
  • Deck
  • Patio

Schools

  • Inland Lakes Elementary School
  • Inland Lakes High School

Utilities

  • Heating System Uses Wood
  • Wall Furnace
  • Well
  • Septic Tank
  • Septic System

Community Details

  • T35n,R2w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 172-018-100-001-06
  • Tax Block Sec 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,451

Lot Details

0

Listing Details

  • Directions: Mullet Lake to Hackelburg rd to Silver rd to Silver Place Rd
  • Garage Yn: No
  • Lot Size: 11 acres
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 1st
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Water
  • Road Frontage Type: Lake
  • ResoLaundryFeatures: Basement
  • Lot Size Acres: 11.0
  • Road Surface Type: Dirt
  • Water Body Name: Silver Lake
  • NAV29_Unit_1_Appliances: Range/Oven, Refrigerator, Microwave, Dishwasher
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 989-732-2477
  • MLS Status: Closed
  • Subdivision Name: T35N,R2W
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: 2+ Story
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 11 acres
  • Property Information Total Bathrooms2: 3.0
  • Property Information:Style2: 2+ Story
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Basement Specifics Full: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt Dishwasher2: Yes
  • Appliances Equipmt Microwave2: Yes
  • Appliances Equipmt RangeOven: Yes
  • General Property Information:Acres: 11.0
  • Road Dirt2: Yes
  • HeatingAir Wood4: Yes
  • HeatingAir Wall Furnace: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Full
  • BasementSpecificsBasementSize: 804sq ft
  • Interior Amenities: Ceiling Fan
  • Bedroom 3 Level: 2nd
  • Utility Room Level: 1st
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Features Fireplace3: Yes
  • Interior Features:Hardwood Floors: Yes
  • Interior Features Smoke Detector2: Yes

Exterior Features

  • Exterior Features: Deck, Dock, Natural, Patio/Porch
  • Waterfront: Yes
  • Foundation Details: Basement
  • Exterior Features:Deck: Yes
  • Exterior Features PatioPorch: Yes
  • Exterior Half Log: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • Property Information:Garage Stall2: 0
  • Property Information:Garage Type2: None

Utilities

  • Sewer: Septic Tank
  • Heating: Wall Furnace, Wood
  • HeatingYN: Yes

Schools

  • Schools Elementary School: Inland Lakes
  • Schools High School: Inland Lakes
  • Elementary School: Inland Lakes
  • Junior High Dist: Inlandlakes
  • High School: Inland Lakes

Lot Info

  • Lot Size Sq Ft: 479160.0
  • ResoLotSizeUnits: Acres
  • Parcel Number: 172-018-100-001-06

Tax Info

  • Tax Block: Sec 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2021
Sold by
Hewson James F
Bought by
Hewson James F and Hewson Diane L
Current Estimated Value
$715,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,750
Outstanding Balance
$306,290
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$423,553

Purchase Details

Closed on
Nov 3, 2017
Sold by
Groustra Glenn R
Bought by
Glenn R Groustra Trust and Groustra Glenn R

Purchase Details

Closed on
Jul 18, 2000
Sold by
Moll Kirk and Moll Michelle
Bought by
Groustra Glenn and Groustra Margaret

Purchase Details

Closed on
Aug 1, 1995
Sold by
Rudick R
Bought by
Moll K
Source: Public Records

Range of Values:

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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
Hewson James F -- --
Glenn R Groustra Trust $400,000 None Available
Groustra Glenn $125,000 --
Moll K $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hewson James $393,750
Previous Owner Hewson James F $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $415,000 -- $159 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
Source: Water Wonderland Board of REALTORS®

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 $8,451 $291,900 $0 $0
2024 $2,455 $294,500 $0 $0
2023 $7,974 $269,300 $0 $0
2022 $7,888 $219,000 $0 $0
2021 $7,354 $210,600 $210,600 $0
2020 $7,354 $192,100 $192,100 $0
2019 $7,232 $178,100 $178,100 $0
2018 $6,391 $161,600 $0 $0
2017 $6,183 $162,800 $0 $0
2016 -- $162,500 $0 $0
2015 -- $162,900 $0 $0
2014 -- $150,000 $0 $0
2012 -- $149,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 315009

Water Wonderland Board of REALTORS®

APN: 172-018-100-001-06