NOT LISTED FOR SALE

7227 Silver Lake Rd Wolverine, MI 49799

Estimated Value: $197,000 - $443,000

3 Beds
1.5 Baths
1,465 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $185,000 $126 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,633/month

12 Days on Market

Highlights

  • Lake Front
  • Chalet
  • Wood Flooring
  • Docks
  • Deck
  • Main Floor Bedroom

About This Home

As of September 2018

This well maintained cottage is just adorable with amazing views of 74 acre Silver Lake Located just east of Wolverine, enjoy the tranquil water of this 90' deep all sports lake making it a perfect location for swimming, sailing, fishing & skiing. Sit around the fire pit on a summer evening or watch the lake from your private deck. This 3 bedroom home, offered with most furniture, has an updated kitchen and a floor plan that accentuates the views. The ground floor master bedroom is joined by 2 upstairs guest bedrooms. The basement provides excellent storage, workshop area, mechanicals, and laundry area. A metal roof, forced air natural gas heat, fresh paint and updated siding are just a few of the updates. Also included is the dock, swim platform, and several boats to help start the fun!

Last Agent to Sell the Property

Billy Andrew

COLDWELL BANKER SCHMIDT INDIAN RIVER License #6506045131 Listed on: 08/10/2018

COLDWELL BANKER SCHMIDT INDIAN RIVER

Last Buyer's Agent

NON-MEMBER MLS

MLS NON-MEMBER

Home Details

Home Type

  • Single Family

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 57.53x325x50x296
  • Lake Front
  • Landscaped

Home Design

  • Chalet
  • Frame Construction
  • Vinyl Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,465 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Living Room
  • Dining Room
  • Oven or Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Partial Basement
  • Laundry in Basement
  • Crawl Space

Outdoor Features

  • Docks
  • Deck

Schools

  • Wolverine Elementary School
  • Wolverine High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank
  • Septic System
  • Cable TV Available

Community Details

  • T33n, R3w Subdivision

Listing and Financial Details

  • Assessor Parcel Number 241-D03-000-004-00
  • Tax Block 11

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Directions: Straits Hwy to west on Wolverine Rd to left on Silver Lake Rd.
  • Garage Yn: No
  • Lot Size: 57.53x325x50x296
  • Prop. Type: Residential
  • Bedroom 1 Level: 1st
  • Bedroom 2 Level: 2nd
  • Dining Room Level: 1st
  • Kitchen Level: 1st
  • Living Room Level: 1st
  • PropertySubType: Residential Water
  • Road Frontage Type: Lake
  • ResoLaundryFeatures: In Basement
  • Lot Size Acres: 0.36
  • Road Surface Type: Paved
  • Water Body Name: Silver Lake
  • Co List Office Phone: 231-238-9336
  • MLS Status: Closed
  • Subdivision Name: T33N, R3W
  • Above Grade Finished Sq Ft: 1040.0
  • Architectural Style: Chalet
  • ResoBuildingAreaSource: Agent Measure
  • Contract Information:Short Sale: No
  • Property Information Waterfront: Yes
  • General Property Information Lot Size Dimensions: 57.53x325x50x296
  • Property Information Total Bathrooms2: 2.0
  • Property Information:Style2: Chalet
  • Property Information Construction: Frame
  • Water Well2: Yes
  • Sewer:Septic2: Yes
  • Foundation Basement2: Yes
  • Exterior:Vinyl2: Yes
  • Appliances Equipmt Ceiling Fan: Yes
  • Appliances Equipmt RangeOven: Yes
  • HeatingAir Forced Air3: Yes
  • HeatingAir Natural Gas4: Yes
  • General Property Information:Acres: 0.36
  • Appliances Equipmt Dryer2: Yes
  • Appliances Equipmt Washer2: Yes
  • Basement Specifics Partial: Yes
  • Exterior:Block2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Has Basement: Partial
  • Interior Amenities: Ceiling Fan, Dryer, Refrigerator, Range/Oven, Washer
  • Bedroom 3 Level: 2nd
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Tile
  • Interior Features Fireplace3: Yes
  • BasementFoundation:Crawl: Yes
  • Interior Features:Hardwood Floors: Yes
  • Interior Features Tile Floor: Yes

Exterior Features

  • Exterior Features: Cable TV, Deck, Dock, Landscaped, Natural
  • Waterfront: Yes
  • Construction Type: Block, Vinyl
  • Foundation Details: Basement, Crawl
  • Exterior Features:Deck: Yes
  • Exterior Features:Landscaped: Yes
  • Exterior Features:Cable TV: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes

Schools

  • Schools Elementary School: Wolverine
  • Schools High School: Wolverine
  • Elementary School: Wolverine
  • Junior High Dist: Wolverine
  • High School: Wolverine

Lot Info

  • Lot Size Sq Ft: 15681.6
  • ResoLotSizeUnits: Acres
  • Parcel Number: 241-D03-000-004-00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Sep 21, 2018
Sold by
Breen Tracy
Bought by
Breen Tracy and Breen Angela M
Seller's Agent
Billy Andrew
COLDWELL BANKER SCHMIDT INDIAN RIVER
Buyer's Agent
NON-MEMBER MLS
MLS NON-MEMBER
Sold Price
$185,000
Current Estimated Value
$272,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,276
Avg. Annual Appreciation
5.46%
Original Mortgage
$148,000
Outstanding Balance
$128,799
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$143,477

Purchase Details

Closed on
Jun 1, 1996
Sold by
Marcil Jacques
Bought by
Easton Charles and Easton Patti
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Breen Tracy -- --
Breen Tracy -- --
Easton Charles $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breen Tracy $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $185,000 -- $126 / Sq Ft
08/22/2018 08/22/18 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 $2,482 $98,100 $0 $0
2024 $697 $82,700 $0 $0
2023 $668 $73,000 $0 $0
2022 $636 $68,600 $0 $0
2021 $2,101 $55,200 $55,200 $0
2020 $2,075 $51,500 $51,500 $0
2019 $1,931 $48,000 $48,000 $0
2018 $1,277 $39,700 $0 $0
2017 $1,236 $40,200 $0 $0
2016 $1,222 $40,900 $0 $0
2015 -- $42,500 $0 $0
2014 -- $37,500 $0 $0
2012 -- $37,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Billy Andrew

    Seller's Agent in 2018

    Billy Andrew

    COLDWELL BANKER SCHMIDT INDIAN RIVER

    (231) 420-9231

    334 Total Sales

    Billy Andrew
    Section Image

  • N

    Buyer's Agent in 2018

    NON-MEMBER MLS

    MLS NON-MEMBER

See All Agents

Map

Source: Water Wonderland Board of REALTORS®

MLS Number: 315348

Water Wonderland Board of REALTORS®

APN: 241-D03-000-004-00

Michigan Cheboygan County Wolverine 49799

7227 Silver Lake Rd, Wolverine, MI

Not Listed for Sale

Detached

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