NOT LISTED FOR SALE

Estimated Value: $802,390 - $1,210,000

3 Beds
3 Baths
2,592 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 11, 2012

Last sale price $410,000 $158 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $5,844/month

346 Days on Market

Highlights

  • Private Waterfront
  • Ranch Style House
  • Balcony
  • Deeded Waterfront Access Rights
  • Breakfast Area or Nook
  • Fireplace

About This Home

As of October 2012

Ranch home on one of the nicest 138' waterfront lots on Silver Lake with a gradual slope to the water, sandy beach, deep water, western exposure, no close neighbors. Walk out lower level. Generous sized rooms overlooking beautiful views of Silver lake. Large kitchen, dining with deck.Master on main. LL with bedroom , bath, FR , kitchenette and natural fireplace - sliders to grassy lawn. At waters edge there is a large workshop with power - grandfathered in.Mature landscaping, apple trees, beautiful.

Last Agent to Sell the Property

Jean Hughey

Key Realty One-TC License #6502362197 Listed on: 10/30/2011

Key Realty One-TC

Last Buyer's Agent

Jean Hughey

Key Realty One-TC License #6502362197 Listed on: 10/30/2011

Key Realty One-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,401

Year Built

  • Built in 1980

Lot Details

  • 0.5 Acre Lot
  • Private Waterfront
  • 138 Feet of Waterfront
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,592 Sq Ft Home
  • Fireplace
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Outdoor Features

  • Deeded Waterfront Access Rights
  • Balcony

Utilities

  • Well

Community Details

Overview

  • Silver Pines Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,401

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1980
  • Construction: Brick
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1980
  • Year Renovated: 1984

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer
  • Interior Amenities: Walk-In Closet(s), Breakfast Nook
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15x13, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 12x12, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 14x12, On Level: Lower Floor, Flooring: Carpet
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Dining Room: Dimensions: 13x12, On Level: Main Floor, Flooring: None
  • Family Room: Dimensions: 37x23, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 15x15, On Level: Main Floor, Flooring: None
  • Living Room: Dimensions: 14x18, On Level: Main Floor, Flooring: Carpet
  • Total Finished Sf Apx: 2592

Exterior Features

  • Additional Buildings: Workshop
  • Body Of Water: Silver Lake
  • Exterior Features: Balcony
  • Foundation: Full, Walkout, Daylight Windows, Entrance Outside, Finished Rooms
  • Number Of Acres: 0.5
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Gradual Slope to Water
  • Waterfront Frontage: 138

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Paved Driveway

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Hot Water
  • Sewer: Private Septic
  • Water: Private Well

Association/Amenities

  • Development Name: Silver Pines

Lot Info

  • Deeded Waterfront: Yes
  • Lot Dimensions: irregular
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Unknown

MLS Schools

  • School District: Traverse City Area Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2017
Bought by
Burritt Kenneth W and Burritt Teresa A
Current Estimated Value
$914,598

Purchase Details

Closed on
May 23, 2013

Purchase Details

Listed on
Oct 30, 2011
Closed on
Oct 10, 2012
Seller's Agent
Jean Hughey
Key Realty One-TC
Buyer's Agent
Jean Hughey
Key Realty One-TC
List Price
$469,000
Sold Price
$410,000
Premium/Discount to List
-$59,000
-12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Jul 10, 2011

Purchase Details

Closed on
Oct 11, 2000
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
Burritt Kenneth W -- --
-- -- --
-- $410,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2012 10/11/12 Sold $410,000 -12.6% $158 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
10/30/2011 10/30/11 For Sale $469,000 -- $181 / 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 $12,401 $384,100 $0 $0
2024 $9,992 $355,400 $0 $0
2023 $9,539 $245,400 $0 $0
2022 $11,360 $250,800 $0 $0
2021 $11,108 $245,400 $0 $0
2020 $7,160 $287,900 $0 $0
2019 $4,812 $292,500 $0 $0
2018 $0 $286,200 $0 $0
2017 -- $249,900 $0 $0
2016 -- $243,200 $0 $0
2014 -- $240,500 $0 $0
2012 -- $276,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1731395

Northern Great Lakes REALTORS® MLS

APN: 05-283-031-00