Seller's Agent in 2018
Fred Schmidt
Coldwell Banker Schmidt Traver
(231) 715-1488
2 in this area
55 Total Sales
90 NW Silver Lake Dr Traverse City, MI 49684
Estimated Value: $1,112,000 - $2,365,000
1
Bed
0.5
Bath
744
Sq Ft
$2,527/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Sandy Beach
- Deck
- Deeded Waterfront Access Rights
- 1.4 Acre Lot
- Wood Burning Stove
About This Home
As of September 20181 bedroom home on what has been coined "the best lot on Silver Lake" with sprawling wooded privacy. This home was designed in the spirit of Frank Frank Lloyd Wright as it was originally built by an employee of Frank Lloyd Wright. The home needs to be finished off as you can infer from the pictures. Has newer furnace and septic. Well works great. Plenty of storage/garage space. Truly a high potential fixer upper and "diamond in the rough" . Shown by appt only.
Last Agent to Sell the Property
Coldwell Banker Schmidt Traver License #6502123998 Listed on: 06/25/2018
Co-Listed By
Gerry Castino
Century 21 Northland License #6501289044
Last Buyer's Agent
Coldwell Banker Schmidt Traver License #6502123998 Listed on: 06/25/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,763
Year Built
- Built in 1960
Lot Details
- 1.4 Acre Lot
- Lot Dimensions are 163x423x164x356
- Private Waterfront
- 163 Feet of Waterfront
- Sandy Beach
- Level Lot
- Wooded Lot
- The community has rules related to zoning restrictions
Home Design
- Ranch Style House
- Fixer Upper
- Block Foundation
- Tar and Gravel Roof
- Wood Siding
- Block Exterior
Interior Spaces
- 744 Sq Ft Home
- Beamed Ceilings
- Wood Burning Stove
- Wood Burning Fireplace
- Gas Fireplace
- Water Views
Bedrooms and Bathrooms
- 1 Bedroom
- 0.5 Bathroom
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 3 Car Attached Garage
- Private Driveway
Outdoor Features
- Deeded Waterfront Access Rights
- Balcony
- Deck
Utilities
- Forced Air Heating and Cooling System
- Well
- Satellite Dish
Community Details
- Metes And Bounds Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2018
Closed on
Sep 5, 2018
Sold by
Isles Robert A
Bought by
Heming Paul Te and Heming Katherine M
Seller's Agent
Fred Schmidt
Coldwell Banker Schmidt Traver
Buyer's Agent
Fred Schmidt
Coldwell Banker Schmidt Traver
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,455,013
Avg. Annual Appreciation
23.12%
Purchase Details
Closed on
Oct 19, 2007
Purchase Details
Closed on
Dec 3, 2002
Purchase Details
Closed on
Jul 26, 1995
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Heming Paul Te | $425,000 | -- | |
| -- | $505,000 | -- | |
| -- | -- | -- | |
| -- | -$100 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2018 09/05/18 | Sold | $425,000 | -5.3% | $571 / Sq Ft |
| 06/25/2018 06/25/18 | For Sale | $449,000 | -- | $603 / Sq Ft |
Source: Northern Great Lakes REALTORS® MLS
Tax History Compared to Growth
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 | $13,763 | $891,900 | $0 | $0 |
| 2024 | $9,297 | $672,200 | $0 | $0 |
| 2023 | $8,896 | $450,100 | $0 | $0 |
| 2022 | $12,633 | $481,000 | $0 | $0 |
| 2021 | $12,215 | $450,100 | $0 | $0 |
| 2020 | $7,935 | $290,000 | $0 | $0 |
| 2019 | $7,922 | $171,200 | $0 | $0 |
| 2018 | $0 | $214,100 | $0 | $0 |
| 2017 | -- | $288,500 | $0 | $0 |
| 2016 | -- | $199,200 | $0 | $0 |
| 2014 | -- | $210,000 | $0 | $0 |
| 2012 | -- | $218,150 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Fred Schmidt
-
G
Seller Co-Listing Agent in 2018
Gerry Castino
Century 21 Northland
Map
Source: Northern Great Lakes REALTORS® MLS
MLS Number: 1848925
APN: 05-031-026-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.
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