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Sold for $380,000
  • $380,000

    5123 Silver Cove Dr, Traverse City, MI 49685

    3beds
    2,309sqft
    Single Family Residence
    Built in 1992
    0.61 Acres Lot
    $391,200 Zestimate®
    $165/sqft
    $3,174 Estimated rent

    Home value

    $391,200

    $352,000 - $434,000

    $3,174/mo

    Zestimate® history
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    What's special

    Welcome to your dream home! This charming three-bedroom, two-bathroom residence is ideally located just 10 minutes from downtown Traverse City, offering the perfect blend of suburban tranquility and urban convenience. As you approach, you’ll be greeted by beautifully maintained outdoor landscaping that enhances the curb appeal and provides a warm welcome. Step inside to discover a spacious and inviting open floor plan, featuring new carpet throughout that adds a fresh touch to every room. The well-appointed kitchen flows seamlessly into the dining and living areas, creating an ideal space for entertaining friends and family or enjoying cozy nights in. Need a dedicated workspace? This home features a main floor office, perfect for remote work, study, or creative projects. The master suite offers a private retreat with an en-suite bathroom, while the additional two bedrooms provide ample space for family, guests, or hobbies. Each room is filled with natural light, creating a warm and inviting atmosphere. The attached two-car garage adds convenience and extra storage options, making it easy to keep your home organized. The backyard is a true oasis, perfect for outdoor gatherings, gardening, or simply unwinding after a long day. This home has been well maintained, it also offer a whole home generator system ensuring you can move in with peace of mind. With its prime location near downtown Traverse City, schools, parks, and local amenities, this property is not just a house; it’s a place to create lasting memories. Don’t miss the opportunity to make this beautiful home yours! Schedule a showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Melisa Bertram Cell:231-409-7512,

    Real Estate One Gaylord 989-448-8209,

    Ian Bertram,

    Real Estate One Gaylord

    Bought with:

    Ian Bertram, 6501414671

    Real Estate One Gaylord

    Source: NGLRMLS,MLS#: 1934320MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 226.38
    • Dimensions: 15.4 x 14.7
    Bedroom 2
    • Level: Main
    • Area: 110.32
    • Dimensions: 12.11 x 9.11
    Bedroom 3
    • Level: Lower
    • Area: 228.88
    • Dimensions: 12.11 x 18.9
    Primary bathroom
    • Features: Private
    Dining room
    • Level: Main
    • Area: 162.8
    • Dimensions: 8.8 x 18.5
    Family room
    • Level: Lower
    • Area: 1135.26
    • Dimensions: 37.1 x 30.6
    Kitchen
    • Level: Main
    • Area: 244.9
    • Dimensions: 15.8 x 15.5
    Living room
    • Level: Main
    • Area: 238.65
    • Dimensions: 12.9 x 18.5
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Exhaust Fan
    • Laundry: Lower Level
    Features
    • Walk-In Closet(s), Solid Surface Counters, Mud Room, Vaulted Ceiling(s), Drywall, Ceiling Fan(s), Cable TV, High Speed Internet
    • Flooring: Carpet, Wood, Concrete
    • Windows: Blinds
    • Basement: Finished Rooms,Egress Windows
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,309
    • Total interior livable area: 2,309 sqft
    • Finished area above ground: 1,331
    • Finished area below ground: 978

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Paved, Concrete Floors, Concrete
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Patio & porch: Deck, Covered
    • Exterior features: Sprinkler System, Other, Rain Gutters
    • Has view: Yes
    • View description: Countryside View
    • Waterfront features: None
    Lot
    • Size: 0.61 Acres
    • Dimensions: 160 x 166 x 139 x 169
    • Features: Wooded, Rolling Slope, Landscaped, Subdivided
    Details
    • Additional structures: None
    • Parcel number: 0528304100
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame, Vinyl Siding
    • Foundation: Wood
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Private
    Green energy
    • Energy efficient items: Not Applicable
    • Water conservation: Not Applicable

    Community & HOA

    Community
    • Features: None
    • Security: Smoke Detector(s)
    • Subdivision: Silver Cove
    HOA
    • Services included: None
    Location
    • Region: Traverse City

    Financial & listing details

    • Price per square foot: $165/sqft
    • Tax assessed value: $370,400
    • Annual tax amount: $2,512
    • Price range: $380K - $380K
    • Date on market: 5/28/2025
    • Cumulative days on market: 19 days
    • Listing agreement: Exclusive Right Sell
    • Listing terms: Conventional,Cash,FHA,VA Loan
    • Ownership type: Private Owner
    • Lease term: Other
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/16/2025Sold$380,000-3.8%$165/sqft
    Source: NGLRMLS #1934320 Report a problem
    5/28/2025Listed for sale$395,000+229.4%$171/sqft
    Source: NGLRMLS #1934320 Report a problem
    5/29/1997Sold$119,900$52/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,512 +5.1%$185,200 +3.1%
    2024$2,390 +4.2%$179,700 +20.5%
    2023$2,293 +3.4%$149,100 +18.8%
    2022$2,217 +0.9%$125,500 -5.5%
    2021$2,198 $132,800 +11%
    2020-- $119,600 +12.1%
    2019-- $106,700 +4.1%
    2018-- $102,500 +8.8%
    2017-- $94,200 +4.8%
    2016-- $89,900 +16.5%
    2014-- $77,200 -3.6%
    2012-- $80,100 -0.9%
    2011-- $80,800 -0.7%
    2010-- $81,400 -1.6%
    2009-- $82,700 -0.9%
    2008-- $83,440 -1.2%
    2007-- $84,440 +6%
    2005-- $79,640 +4.8%
    2004-- $75,970 +4.9%
    2003-- $72,410 +1.9%
    2002-- $71,040 +5.6%
    2001-- $67,280 +2.4%
    2000-- $65,690
    Find assessor info on the county website

    Neighborhood: 49685

    Nearby schools

    GreatSchools rating
    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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    $391,200
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