Location and shared waterfront, ...are you serious? Absolutely! This 4 bed/2 bath bi-level is just minutes from downtown TC, and, includes 90' of shared waterfront on beautiful Silver Lake! Plus a two car garage, large screened in porch, spacious rear deck and private backyard. This is a must see! (shared waterfront created by roads in a platted subdivision)
Sold for $309,000
$309,000
1408 Lake Dr, Traverse City, MI 49685
4beds
1,636sqft
Single Family Residence
Built in 1966
0.35 Acres Lot
$380,300 Zestimate®
$189/sqft
$2,315 Estimated rent
Home value
$380,300
$350,000 - $418,000
$2,315/mo
Zestimate® history
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$1,873/mo
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Zillow last checked:
Listing updated:
Listed by:
Joshua Croff Cell:231-342-8777,
Verity Real Estate, LLC 231-342-8777
Bought with:
Karlie Acton, 6501451651
REMAX Bayshore - Union St TC
Source: NGLRMLS,MLS#: 1922761
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 11856
- Dimensions: 11 x 10
Bedroom 2
- Level: Main
- Dimensions: 11.33 x 10
Bedroom 3
- Level: Lower
- Area: 10944
- Dimensions: 11 x 9
Bedroom 4
- Level: Lower
- Area: 130
- Dimensions: 13 x 10
Primary bathroom
- Features: Shared
Dining room
- Level: Main
- Area: 99
- Dimensions: 11 x 9
Family room
- Level: Lower
- Area: 2900
- Dimensions: 25 x 11
Kitchen
- Level: Main
- Area: 1144
- Dimensions: 11 x 10
Living room
- Level: Main
- Area: 1771
- Dimensions: 16 x 11
Heating
- Forced Air, Natural Gas, Fireplace(s)
Appliances
- Included: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Gas Water Heater
- Laundry: Lower Level
Features
- Pantry, Breakfast Nook, Other, Cable TV, High Speed Internet
- Flooring: Wood, Vinyl, Carpet, Concrete
- Windows: Drapes, Curtain Rods
- Basement: Exterior Entry,Finished Rooms,Egress Windows
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,636
- Total interior livable area: 1,636 sqft
- Finished area above ground: 888
- Finished area below ground: 748
Property
Parking
- Total spaces: 2
- Parking features: Detached, Concrete Floors, Dirt, Private
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Bi-Level
- Patio & porch: Deck, Porch, Screened
- Exterior features: Sidewalk
- Has view: Yes
- View description: Water
- Water view: Water
- Waterfront features: Inland Lake, All Sports, Sandy Bottom
- Body of water: Silver Lake
- Frontage length: 90
Lot
- Size: 0.35 Acres
- Dimensions: 99'-6" x 152' x 99'-6" x 156'
- Features: Level, Other, Subdivided
Details
- Additional structures: Shed(s)
- Parcel number: 0529506600
- Zoning description: Unknown
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Press Board, Brick
- Foundation: Block, Slab
- Roof: Asphalt
Condition
- Fixer
- New construction: No
- Year built: 1966
Utilities & green energy
- Sewer: Private Sewer
- Water: Private
Green energy
- Energy efficient items: Not Applicable
- Water conservation: Not Applicable
Community & HOA
Community
- Features: Lake Privileges, Pets Allowed
- Subdivision: Silver Pines Resort
HOA
- Services included: None
Location
- Region: Traverse City
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $295,400
- Annual tax amount: $2,823
- Price range: $309K - $309K
- Date on market: 5/25/2024
- Cumulative days on market: 82 days
- Listing agreement: Exclusive Right Sell
- Listing terms: Conventional,Cash
- Ownership type: Private Owner
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 9/28/2025 | Listing removed | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/9/2025 | Listed for rent | $3,500$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2024 | Pending sale | $309,000$189/sqft |
Source:  NGLRMLS #1922761 Report a problem | ||
| 8/15/2024 | Sold | $309,000$189/sqft |
Source: NGLRMLS #1922761 Report a problem | ||
| 5/25/2024 | Listed for sale | $309,000+347.8%$189/sqft |
Source: NGLRMLS #1922761 Report a problem | ||
| 4/19/1990 | Sold | $69,000$42/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,823 +75.3% | $147,700 +23.4% |
| 2024 | $1,610 +4.2% | $119,700 +16.4% |
| 2023 | $1,545 +3.4% | $102,800 +8.9% |
| 2022 | $1,494 +0.9% | $94,400 +23.6% |
| 2021 | $1,481 | $76,400 +7.9% |
| 2020 | -- | $70,800 +4.3% |
| 2019 | -- | $67,900 -9% |
| 2018 | -- | $74,600 +9.7% |
| 2017 | -- | $68,000 +1.8% |
| 2016 | -- | $66,800 +8.3% |
| 2014 | -- | $61,700 -1.7% |
| 2012 | -- | $62,750 -0.2% |
| 2011 | -- | $62,900 -0.6% |
| 2010 | -- | $63,300 -3.1% |
| 2009 | -- | $65,300 -1.1% |
| 2008 | -- | $66,030 +0.8% |
| 2007 | -- | $65,520 +4.3% |
| 2005 | -- | $62,790 +7.1% |
| 2004 | -- | $58,640 +14.2% |
| 2003 | -- | $51,370 +0.3% |
| 2002 | -- | $51,240 +2.8% |
| 2001 | -- | $49,860 +13.6% |
| 2000 | -- | $43,890 |
Find assessor info on the county website
Neighborhood: 49685
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Nearby schools
GreatSchools rating
- 8/10Central Grade SchoolGrades: PK-7Distance: 4.5 mi
- 8/10West Senior HighGrades: 9-12Distance: 2.8 mi
- 8/10West Middle SchoolGrades: 6-8Distance: 3 mi
Schools provided by the listing agent
- District: Traverse City Area Public Schools
Source: NGLRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Michigan
- Grand Traverse County
- Traverse City
- 49685
- 1408 Lake Dr
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