NOT LISTED FOR SALE

885 N East Silver Lake Rd Traverse City, MI 49685

Estimated Value: $311,000 - $361,000

3 Beds
1 Bath
982 Sq Ft
$347/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $233,500 $238 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $2,018/month

6 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Countryside Views
  • Wood Flooring
  • 100 Feet of Waterfront
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of August 2021

Well cared for ranch within walking distance to Silver Lake! Great country view with horses out the front window. Set back from the road with a large fenced backyard. New washer, dryer, stove, and dishwasher last year. Large clean and dry basement ready to be finished for extra living space.

Last Agent to Sell the Property

Sally Roeser

Key Realty One-TC License #6501391540 Listed on: 07/15/2021

Key Realty One-TC

Last Buyer's Agent

Lisa Rossi

The Leelanau Group Real Estate License #6502432228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1987

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 100x220
  • 100 Feet of Waterfront
  • Lot Has A Rolling Slope
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 982 Sq Ft Home
  • Wood Flooring
  • Countryside Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

Overview

  • Beacon Hills Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,738

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1987
  • Construction: Frame
  • Private Shared: Shared
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1987

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 10x10, On Level: Main Floor
  • Bedroom 2: On Level: Main Floor
  • Bedroom 3: On Level: Main Floor
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Flooring: Wood
  • Kitchen: Dimensions: 12x10, On Level: Main Floor
  • Living Room: Dimensions: 12x15, On Level: Main Floor, Flooring: Carpet
  • Range: R 11W
  • Total Finished Sf Apx: 982

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Body Of Water: Silver Lake
  • Exterior Features: Countryside View
  • Exterior Finish: Vinyl
  • Foundation: Full, Unfinished
  • Number Of Acres: 0.5
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Inland Lake, All Sports, Public Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Gravel, Private
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Beacon Hills

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Rolling, Sloping
  • Lot Dimensions: 100x220
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 992.15
  • Winter Taxes: 464.84

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Aug 23, 2021
Sold by
Lisa Brett
Bought by
Mcsauby Lisa
Seller's Agent
Sally Roeser
Key Realty One-TC
Buyer's Agent
Lisa Rossi
The Leelanau Group Real Estate
List Price
$210,000
Sold Price
$233,500
Premium/Discount to List
$23,500
11.19%
Current Estimated Value
$340,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,873
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
Apr 20, 1987
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
Mcsauby Lisa $226,500 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $233,500 +11.2% $238 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $210,000 -- $214 / 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 $2,738 $147,200 $0 $0
2024 $1,849 $116,800 $0 $0
2023 $1,770 $85,900 $0 $0
2022 $2,500 $92,500 $0 $0
2021 $1,460 $85,900 $0 $0
2020 $1,447 $82,100 $0 $0
2019 $1,450 $69,900 $0 $0
2018 $0 $68,400 $0 $0
2017 -- $68,400 $0 $0
2016 -- $66,800 $0 $0
2014 -- $59,500 $0 $0
2012 -- $47,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1890290

Northern Great Lakes REALTORS® MLS

APN: 05-055-095-00