NOT LISTED FOR SALE

8881 Silver Lake Rd Mears, MI 49436

Estimated Value: $452,000 - $530,000

4 Beds
2.5 Baths
3,008 Sq Ft
$159/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $350,500 $117 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,160/month

206 Days on Market

Highlights

  • Lake Front
  • Deck
  • Tankless Water Heater
  • Water Access
  • Built-In Desk
  • Snack Bar or Counter

About This Home

As of February 2022

Room for the whole crew at this awesome Silver Lake cottage! What more could you want with 3,000 square feet of living area, DEEDED access to SILVER LAKE is just a short 150 feet away and multiple decks to hang out and relax! Great floorplan with 4 bedrooms, 2.5 bath and a roomy kitchen. House is in excellent condition and ready for new owner. See it today!

Last Agent to Sell the Property

Ted Dozeman

Five Star Real Estate-Holland License #6501329441 Listed on: 06/14/2021

Co-Listed By

Carrie Compagner

RE/MAX Lakeshore

Last Buyer's Agent

Chris Diebel

Dwelling Realty - KW Northern Michigan License #6506046691

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,979

Year Built

  • Built in 2000

Lot Details

  • 7,275 Sq Ft Lot
  • Lot Dimensions are 60 x 121
  • Lake Front
  • Fenced

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,008 Sq Ft Home
  • 2-Story Property
  • Built-In Desk

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Water Access
  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,979

Year Built

Built in 2000

Lot Details

7,275 Sq Ft Lot

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • Levels: Bi-Level
  • Stories: 2
  • Year Built: 2000
  • General Property Info:Basement: Yes
  • General Property Info:Main Level Primary: No
  • Waterfront Options:Water Access YN: Yes
  • Manufactured:Manufactured YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Microwave, Dishwasher, Dryer, Washer, Range
  • Interior Amenities: Kitchen Island
  • Fireplace: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Daylight, Full
  • LivingArea: 3008.0

Exterior Features

  • Construction Materials: Wood Siding
  • Fencing: Fenced
  • List Price: 349900.0
  • Other Structures: Shed(s)
  • Patio and Porch Features: Deck
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Access Feat:Accessibility Features2: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Forced Air
  • Heating: Yes
  • Utilities: Cable Connected, Phone Connected
  • Water Source: Well

Lot Info

  • Lot Size Acres: 0.167
  • Lot Size Area: 0.17
  • Lot Dimensions: 60 x 121
  • Lot Size Sq Ft: 7275.0

Tax Info

  • Tax Annual Amount: 3978.61
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2021
Closed on
Feb 11, 2022
Sold by
Michael Tolsma
Bought by
Freshwater Escapes Llc
Seller's Agent
Ted Dozeman
Five Star Real Estate-Holland
Buyer's Agent
Chris Diebel
Dwelling Realty - KW Northern Michigan
List Price
$479,900
Sold Price
$350,500
Premium/Discount to List
-$129,400
-26.96%
Current Estimated Value
$478,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,706
Avg. Annual Appreciation
8.01%
Original Mortgage
$280,000
Outstanding Balance
$222,698
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$255,508

Purchase Details

Closed on
May 20, 2021
Sold by
Tolsma Teresa J
Bought by
Tolsma Michael

Purchase Details

Closed on
Nov 7, 2011
Sold by
Gelder Gerry and Gelder Joanne
Bought by
Tolsma Michael and Tolsma Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2005
Sold by
Split David A and Split Jill K
Bought by
Gelder Gerry and Gelder Joann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 17, 2003
Sold by
Split and Gelder
Bought by
Split and Gelder

Purchase Details

Closed on
Sep 25, 2000
Sold by
Root and Split
Bought by
Root and Split
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Freshwater Escapes Llc $350,500 Talon Group Title
Tolsma Michael -- None Available
Tolsma Michael -- Oceana Land Title Agency Inc
Gelder Gerry $132,000 Lighthouse Title Inc
Split $132,000 --
Root $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freshwater Escapes Llc $280,000
Previous Owner Tolsma Michael $133,600
Previous Owner Gelder Gerry $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $350,500 -27.0% $117 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
06/14/2021 06/14/21 For Sale $479,900 -- $160 / Sq Ft
Source: MichRIC

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 $7,479 $205,400 $205,400 $0
2024 $1,888 $175,100 $175,100 $0
2023 $4,150 $153,400 $153,400 $0
2022 $4,150 $119,900 $0 $0
2021 $4,069 $110,100 $110,100 $0
2020 $3,979 $112,700 $112,700 $0
2019 $3,955 $103,600 $0 $0
2018 $3,771 $88,000 $0 $0
2017 $3,771 $88,000 $0 $0
2016 -- $80,800 $0 $0
2013 -- $80,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ted Dozeman

    Seller's Agent in 2022

    Ted Dozeman

    Five Star Real Estate-Holland

    (616) 566-2240

    164 Total Sales

    Ted Dozeman
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Carrie Compagner

    RE/MAX Michigan

    Section Image
  • Chris Diebel

    Buyer's Agent in 2022

    Chris Diebel

    Dwelling Realty - KW Northern Michigan

    (231) 510-6405

    117 Total Sales

    Chris Diebel
    Section Image
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Map

Source: MichRIC

MLS Number: 21022496

MichRIC

APN: 006-200-012-00

Michigan Oceana County Mears 49436

8881 Silver Lake Rd, Mears, MI

Not Listed for Sale

Detached

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