3 months on rocket

5161 Silver Pines Rd, Traverse City, MI, 49685

$1,590,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
4,225 SqFt
$376/SqFt
House

Location

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5161 Silver Pines Rd, Traverse City$1,590,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingBlacktop, Circular, Shared, Attached, Door Opener, Paved Driveway, Heated, Finished Rooms, Plumbing, Concrete Floors
Attached Garage2 spaces
Year Built1948
HeatingForced Air
CoolingCentral Air
WaterfrontLake, All Sports, Sandy Bottom, Waterfront, Public Lake, Sandy Shoreline
FireplaceFireplace(s), Gas
MLS #1925707
Lot Size5.25 Acres
StatusActive

About 5161 Silver Pines Rd

Welcome home! This is how you will feel as you enter this incredible two-story home. Designed for entertaining or lots of room to play, this home has something for everyone. Inviting foyer opens to spacious main flooring living room with gas f/p and dining area. Gracious island kitchen with hardwood flooring, stainless appliances and solid surface counter tops. Main floor primary suite with private bath, jacuzzi tub and tiled walk in shower. Upper level features fully loaded family room with kitchenette, and room for all your guests. Full finished walkout lower level with sauna. Exceptional grounds include wrap around covered porch, in-ground heated pool, pool house, changing rooms, & playground area. There is truly something for everyone here, adult “playground” can be found in the 24 foot x 118 foot heated, insulated finished pole building, with 4 designated areas, last stall features raised ceiling. Secondary 16 x 36 barn with heat/ac and water. In addition to 5 plus acres with possible splits, home comes with shared Silver Lake access. Well maintained home ideally situated a short drive to Traverse City.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1948
  • Living Area: 4,225 SqFt

Listing Office:

  • Office Name: REO-TCRandolph-233022
  • Office Phone: (231) 946-4040
  • Listing Agent: Linda Schaub

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener, Washer, Dryer, Oven, Ceiling Fan(s), Gas Water Heater
  • Interior: Jetted Tub, Cathedral Ceilings, Built-In Bookcase, Bay Window(s), Foyer Entrance, Walk-In Closet(s), Wet Bar, Pantry, Solid Surface Counters, Island Kitchen, Mud Room, Great Room, Den/Study, Game Room, Workshop, Vaulted Ceilings
  • Fireplace: Fireplace(s), Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake, All Sports, Sandy Bottom, Waterfront, Public Lake, Sandy Shoreline
  • Exterior: Sprinkler System, In Ground Pool, Deck, Sidewalk, Fenced Yard, Countryside View, Covered Porch, Landscaped, Vinyl, Stone

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Blacktop, Circular, Shared, Attached, Door Opener, Paved Driveway, Heated, Finished Rooms, Plumbing, Concrete Floors

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 5.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take Silver Lake Rd, to south onto E Silver Lake Rd. to west onto Silver Pines Rd. Home will be on your left. Shared access is to the right at end of Silver Pines Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,590,000
  • Price Per SqFt: $376/SqFt
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Housing Market Comparison

See how this home compares to others in Traverse City, MI.

Med. Sold Price

$446.7K

Med. Price/SqFt

$255

Avg. Days On Market

73

# of Sold Homes

88

5161 Silver Pines Rd vs Traverse City

105 DAYS ON ROCKET

+32 Days

$1,590,000

+$1.1M More

$376/SqFt

+$120 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $120/SqFt more than other homes in Traverse City, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: TAAR
  • MLS Number: #1925707

Listing Office:

  • Office Name: REO-TCRandolph-233022
  • Office Phone: (231) 946-4040
  • Listing Agent: Linda Schaub

Copyright © 2024 Northern Great Lakes REALTORS® MLS™ All Rights Reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 2:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $217,900
2020 - $196,800
2019 - $227,000
2018 - $195,700
2017 - $176,300

History based on county public records data.

Payment Calculator

$8,003

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,833

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-493282
4
/10
  • Silver Lake Elementary School

  • 5858 Culver Rd

  • 1.10 miles

  • Public District Grades PK-5

school-card-donut-493283
3
/10
  • Blair Elementary School

  • 1625 Sawyer Rd

  • 3.17 miles

  • Public District Grades PK-5

school-card-donut-493284
5
/10
  • Long Lake Elementary School

  • 7600 N Long Lake Rd

  • 3.63 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,961. Residents of Traverse City, MI typically earn between $35k-100k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5161 Silver Pines Rd

What is the listing price of this property?

The listing price of 5161 Silver Pines Rd property is $1,590,000.

What type of property is this?

The property 5161 Silver Pines Rd is a house located in Traverse City, Michigan, 49685.

Is this property for sale now?

Active Listing: 5161 Silver Pines Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5161 Silver Pines Rd has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5161 Silver Pines Rd is 4,225 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5161 Silver Pines Rd is 1948.

Rocket HomesMichiganGrand Traverse CountyTraverse City496855161 Silver Pines Rd

This home is located at 5161 Silver Pines Rd in Traverse City, MI and zip code 49685. This 4,225 square foot home, which was built in 1948, sits on a 5.25 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $1,590,000.

Traverse City, MI housing market in October 2024 saw over 19 listings sold above listed price, more than 23 sold at listed price and over 41 sold below. Between September 2024 and October 2024, Traverse City, MI real estate market has seen increase in the number of listings by 5.3%. While the average time on the market in October 2024 was 73 days, the median list price was $446,781.

From Rocket Homes Real Estate and based on county public records data.

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