NOT LISTED FOR SALE

920 S East Silver Lake Rd Traverse City, MI 49685

Estimated Value: $1,113,000 - $1,418,000

5 Beds
3.5 Baths
3,200 Sq Ft
$388/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $900,000 $281 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,279/month

52 Days on Market

Highlights

  • Private Waterfront
  • 2.09 Acre Lot
  • Deck
  • Deeded Waterfront Access Rights
  • Countryside Views
  • Wooded Lot

About This Home

As of November 2019

Silver Lake/West Side, gorgeous 5 bedrooms, 3.5 bath home. Features include Gas fireplace, concrete counter tops, state of the art kitchen, tile and hardwood floors, main floor master suite with patio door onto the large deck with hot tub, outdoor shower and amazing lake views. All this plus an 150' private sandy beach on beautiful all sports Silver Lake! 10 minutes to downtown Traverse City, close to Sleeping Bear Dunes, wineries, breweries and all this beautiful area has to offer. Welcome to Sunset Cove. This 3200 SF executive home situated on over 2 nicely landscaped acres, is ready for your family to start their own memories here on the private sandy water front. Beautiful master suite overlooking the waterfront and its famous Silver Lake Sunsets are just a few of the things you will love about this setting. For those wanting an investment opportunity the house has an excellent rental history over the last 3 years. Matterport Virtual Tour and Aerial photos available.

Last Agent to Sell the Property

Ken Kleinrichert

@properties Christie's Int'l License #6506042006 Listed on: 09/30/2019

Co-Listed By

Kurt Hubschneider

Coldwell Banker Schmidt Traver License #6501393270

Last Buyer's Agent

Linda Heyde

Coldwell Banker Schmidt-Elk Ra License #6501400264

Coldwell Banker Schmidt-Elk Ra

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,081

Year Built

  • Built in 1989

Lot Details

  • 2.09 Acre Lot
  • Lot Dimensions are 146x604x150x634
  • Private Waterfront
  • 150 Feet of Waterfront
  • Landscaped
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 3,200 Sq Ft Home
  • Gas Fireplace
  • Mud Room
  • Game Room
  • Countryside Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Patio

Utilities

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

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,081

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Percent Of Remodel: 90
  • Estimated Year Built: 1989
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 5
  • Year Updated: 2010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1989

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
  • Interior Amenities: Solid Surface Counters, Mud Room, Game Room
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 24'2"x22'3", On Level: Main Floor
  • Bedroom 2: Dimensions: 10'6"x14', On Level: Main Floor
  • Bedroom 3: Dimensions: 10'10x11', On Level: Main Floor
  • Bedroom 4: Dimensions: 12'x11'8", On Level: Lower Floor
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Family Room: Dimensions: 23'x24'
  • Kitchen: Dimensions: COMBOx25', On Level: Main Floor
  • Living Room: Dimensions: 29'xCOMBO, On Level: Main Floor
  • Other Room: Dimensions: 12'x11', On Level: Lower Floor
  • Estimated Above Ground Finished Sq Ft: 1995
  • Estimated Below Grade Finished Sq Ft: 1671
  • Estimated Below Grade Unfinished Sq Ft: 146
  • Price Per Sq Ft: 281.25
  • Range: R 11W
  • Total Finished Sf Apx: 3200

Exterior Features

  • Body Of Water: Silver Lake
  • Exterior Features: Deck, Patio, Countryside View, Landscaped
  • Exterior Finish: Vinyl
  • Foundation: Full, Full Finished
  • Number Of Acres: 2.09
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports
  • Waterfront Frontage: 150

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Attached

Utilities

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

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Traverse City Area Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Sloping
  • Lot Dimensions: 146x604x150x634
  • 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
Sep 30, 2019
Closed on
Nov 25, 2019
Sold by
Sunset Ski Cove Properties Llc
Bought by
Kraeger Family Land Trust
Seller's Agent
Ken Kleinrichert
@properties Christie's Int'l
Buyer's Agent
Linda Heyde
Coldwell Banker Schmidt-Elk Ra
List Price
$899,900
Sold Price
$900,000
Premium/Discount to List
$100
0.01%
Current Estimated Value
$1,242,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,855
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Dec 29, 2003

Purchase Details

Closed on
Mar 13, 1998

Purchase Details

Closed on
Apr 2, 1993
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
Kraeger Family Land Trust $900,000 --
-- -- --
-- $208,500 --
-- $142,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2019 11/25/19 Sold $900,000 0.0% $281 / Sq Ft
11/21/2019 11/21/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $899,900 -- $281 / 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 $18,081 $754,800 $0 $0
2024 $14,259 $598,300 $0 $0
2023 $13,612 $413,500 $0 $0
2022 $16,406 $438,300 $0 $0
2021 $15,523 $413,500 $0 $0
2020 $15,433 $341,700 $0 $0
2019 $9,423 $275,000 $0 $0
2018 $9,076 $268,600 $0 $0
2017 -- $254,800 $0 $0
2016 -- $235,900 $0 $0
2014 -- $238,000 $0 $0
2012 -- $229,845 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1868202

Northern Great Lakes REALTORS® MLS

APN: 02-005-021-10