NOT LISTED FOR SALE

8516 W Silver Lake Rd Mears, MI 49436

Estimated Value: $696,000 - $966,723

3 Beds
2 Baths
1,792 Sq Ft
$467/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $720,000 $402 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,754/month

8 Days on Market

Highlights

  • Private Waterfront
  • Wooded Lot
  • 2 Car Detached Garage
  • Deck
  • Mud Room
  • Storm Windows

About This Home

As of November 2020

SILVER LAKE: Great opportunity to own a completely renovated year-round home on the East side of Silver Lake in the Heart of the Village. Over $400k spent with Scott Christopher Homes for the best custom quality, fit & finish. This Ranch style, open floor plan, home has stunning views of the Lake and Dunes. Large vaulted ceiling with open Living spaces. Stonewall fireplace. New Anderson Sliders, Paint, Carpet, & Lighted Decking. 3 bedrooms & 2 full baths. Main Floor Master Suite with Walk in Closet. Main floor Mudroom & Laundry. New 50-year shingle roof. New Geothermal Heater & AC. 21x68 Man Cave with Upper Storage attic space, Epoxy Floors, Air Compressor, Heat, Water, & Kitchenette. Truly a turnkey home!

Last Agent to Sell the Property

John Postma

RE/MAX of Grand Rapids (FH) License #6502114085 Listed on: 10/13/2020

RE/MAX of Grand Rapids (FH)

Last Buyer's Agent

John Postma

RE/MAX of G.R. Inc. (SE) - I

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,217

Year Built

  • Built in 1997

Lot Details

  • 0.4 Acre Lot
  • Private Waterfront
  • 60 Feet of Waterfront
  • Wooded Lot
  • Property is zoned NA, NA

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Low Emissivity Windows
  • Insulated Windows
  • Window Screens
  • Mud Room
  • Living Room with Fireplace
  • Water Views
  • Crawl Space
  • Storm Windows

Kitchen

  • Built-In Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,217

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1997
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: See Attached Survey
  • General Property Info:Waterfront3: Yes
  • General Property Info:Basement: No
  • General Property Info:Total Fin SqFt All Levels: 1792.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 7217.0
  • Tax Info:Zoning3: NA
  • Waterfront Options:Water Access YN: Yes
  • Lot Description:Wooded: Yes
  • Roofing:Composition: Yes
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Sewer:Septic System: Yes
  • Manufactured:Manufactured YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 1.0
  • Waterfront Options:Water Frontage3: 60.0
  • Windows:Insulated Windows: Yes
  • Windows:Low Emissivity Windows: Yes
  • Windows:Screens: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Water Heater:Natural Gas4: Yes
  • Substructure:Crawl Space: Yes
  • Windows:Storms: Yes
  • Appliances:Built in Oven: Yes
  • General Property Info:SqFt Above Grade: 1792.0
  • General Property Info Garage YN: Yes
  • Architectural Style:Ranch: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built in Oven, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Center Island
  • Fireplace Features: Gas Log, Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Crawl Space
  • LivingArea: 1792.0
  • Window Features: Low-Emissivity Windows, Storms, Screens, Insulated Windows
  • General Property Info:Stories2: 1.0
  • Kitchen Features:Center Island: Yes
  • Kitchen Features:Mud Room Access: Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living: Yes
  • Appliances Dishwasher: Yes

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 745000.0
  • Lot Features: Wooded
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Paved
  • Roof: Composition
  • Water Body Name: Silver Lake
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes
  • Patio and Porch Features:Deck(s): Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Detached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features:Detached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Water Well: Yes

Association/Amenities

  • Water Fea Amenities:All Sports: Yes
  • Water Fea Amenities:Private Frontage: Yes
  • Water Fea Amenities:View: Yes

Lot Info

  • Lot Size Acres: 0.4
  • Lot Size Area: 0.4
  • Lot Dimensions: See Attached Survey
  • Lot Size Sq Ft: 17293.0
  • Zoning Description: NA
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7217.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 25, 2020
Sold by
Varran Chase R and The Varran Revocable Trust
Bought by
Urbin Ronald J and Urbin Patricia A
Seller's Agent
John Postma
RE/MAX of Grand Rapids (FH)
Buyer's Agent
John Postma
RE/MAX Of Grand Rapids
List Price
$745,000
Sold Price
$720,000
Premium/Discount to List
-$25,000
-3.36%
Current Estimated Value
$836,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,241
Avg. Annual Appreciation
3.91%
Original Mortgage
$420,000
Outstanding Balance
$376,290
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$489,241

Purchase Details

Closed on
Mar 29, 2016
Sold by
Varran Chase and Varran Jennifer R
Bought by
Varran Chase R and Varran Jennifer R

Purchase Details

Closed on
Jan 12, 2016
Sold by
Gibson Gary M
Bought by
Varran Chase and Varran Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2016
Sold by
Berens Harvard and Berens Harriet
Bought by
Gibson Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2015
Sold by
Berens Harvard and Berens Harriet
Bought by
Gibson Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,500
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2015
Sold by
Gocha Lisa E
Bought by
Berens Harvard and Berens Harriet

Purchase Details

Closed on
Jun 30, 2008
Sold by
Gibson Connie I
Bought by
Gibson Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 1996
Sold by
Bordovsky and Gibson
Bought by
Bordovsky and Gibson
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
Urbin Ronald J $720,000 None Available
Varran Chase R -- Attorney
Varran Chase -- Attorney
Gibson Gary M -- Attorney
Gibson Gary M -- Attorney
Berens Harvard $360,000 Attorney
Gibson Gary -- None Available
Bordovsky $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urbin Ronald J $420,000
Closed Urbin Ronald J $420,000
Previous Owner Varran Chase $490,500
Previous Owner Gibson Gary M $130,700
Previous Owner Gibson Gary $270,000
Previous Owner Gibson Gary M $350,000
Previous Owner Gibson Gary M $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $720,000 -3.4% $402 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $745,000 -- $416 / Sq Ft
Source: Southwestern Michigan Association 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 $14,790 $489,100 $489,100 $0
2024 $3,696 $427,700 $427,700 $0
2023 $13,293 $385,000 $385,000 $0
2022 $13,293 $310,500 $0 $0
2021 $13,035 $276,800 $276,800 $0
2020 $7,239 $253,600 $253,600 $0
2019 $12,945 $273,700 $0 $0
2018 $12,528 $274,700 $0 $0
2017 $12,528 $274,700 $0 $0
2016 -- $219,900 $0 $0
2013 -- $218,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 20043121

Southwestern Michigan Association of REALTORS®

APN: 006-140-016-00