NOT LISTED FOR SALE

729 NW Silver Lake Rd Traverse City, MI 49685

Estimated Value: $888,000 - $1,097,000

4 Beds
3 Baths
4,000 Sq Ft
$250/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $410,000 $102 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $5,827/month

158 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • 75 Feet of Waterfront
  • Sandy Beach
  • Contemporary Architecture

About This Home

As of August 2016

Ideally situated atop a subtle knoll, this tastefully done executive-style 4 bed, 3 bath home is perfectly suited to entertaining family and friends. The well conceived floor plan features a custom kitchen that opens to a large great room with vaulted ceilings and stunning water views. A main floor master with en suite bath and garden tub, walk in closet with laundry provides easy, single story living. Completely finished lower level includes guest suite with private bath and walk-in closet, living room, and craft/sewing room. A separate heated studio apart from the home is a great spot for an office or place to pursue your life’s passion. Three-car heated garage provides storage for small watercraft in addition to cars. Fantastic outdoor spaces include a private patio with summer kitchen, manicured lawn and extensive garden areas full of mature plantings and brilliant flowers. Just a few steps away is your private sandy beach oasis to boat, swim and fish from the included private dock and is within swimming distance to “treasure island”, fun for both kids and adults. 75' beachfront includes dedicated power feed. The home is in a fantastic location within minutes of Traverse City, parks, trails, golf courses, dining and more.

Last Agent to Sell the Property

Vincent Edwards

Homewaters, LLC License #6501366593 Listed on: 02/25/2016

Last Buyer's Agent

Carolyn Collins

Century 21 Northland License #6506043263

Century 21 Northland

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 75x450
  • 75 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Sloped Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Game Room
  • Solarium
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Heated Garage

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Hulett's Silver Lk Subdivision Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Contemporary
  • Estimated Year Built: 2004
  • Construction: Timber Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2004
  • Year Renovated: 2004

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan, Blinds, Drapes, Ceiling Fan, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry, Solarium/Sun Room, Breakfast Nook, Granite Kitchen Tops, Island Kitchen, Formal Dining Room, Great Room, Exercise Room, Game Room, Vaulted Ceilings
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 16x18, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 14x16, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14x19, On Level: Lower Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 18x14, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Dining Room: Dimensions: 12x13, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 14x25, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 18x30, On Level: Main Floor, Flooring: Wood
  • Range: R 11W
  • Total Finished Sf Apx: 4000

Exterior Features

  • Additional Buildings: Workshop
  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Patio, Countryside View, Landscaped, Built-in Grill
  • Exterior Finish: Vinyl, Wood
  • Foundation: Full, Block, Daylight Windows, Finished Rooms, Egress Windows
  • Number Of Acres: 0.75
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Water View, Private Dock, Sandy Bottom, Public Lake
  • Waterfront Frontage: 75

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Attached, Heated, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 10x8, On Level: Main Floor, Flooring: Wood
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Name: Hulett's Silver Lk Subdivision

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Sloping
  • Lot Dimensions: 75x450
  • 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
Feb 25, 2016
Closed on
Aug 18, 2016
Seller's Agent
Vincent Edwards
Homewaters, LLC
Buyer's Agent
Carolyn Collins
Century 21 Northland
List Price
$489,900
Sold Price
$410,000
Premium/Discount to List
-$79,900
-16.31%
Current Estimated Value
$1,000,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,766
Avg. Annual Appreciation
10.21%

Purchase Details

Closed on
Feb 17, 2015

Purchase Details

Closed on
Dec 28, 2005
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
-- $410,000 --
-- -- --
-- $398,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $410,000 -16.3% $103 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $489,900 -- $122 / 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 -- $500,300 $0 $0
2024 $6,755 $418,800 $0 $0
2023 $4,589 $305,200 $0 $0
2022 $6,549 $317,600 $0 $0
2021 $6,334 $305,200 $0 $0
2020 $6,280 $277,400 $0 $0
2019 $6,322 $224,700 $0 $0
2018 $0 $228,000 $0 $0
2017 -- $226,800 $0 $0
2016 -- $222,500 $0 $0
2014 -- $184,000 $0 $0
2012 -- $190,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1812099

Northern Great Lakes REALTORS® MLS

APN: 05-180-009-00