Terrific Location! Established rental property, Silver Hills has 4 buildings each with 4 well maintained units that include 4/ 8 space carports. All apartments are filled with leases expiring in spring 2024. No problem keeping them full; close to the YMCA, schools, Munson and town. The buildings have 3 tax ID's and sit on 2.12 acres. Shown by appointment only. No sign.
Multi-familyProperty Type
1988Year Built
2.12 acresLot Size
$3,000Price/Sq.Ft.
1 car garageParking
Listed by Debra Hall• REO-TCRandolph-233022
•231-946-4040 (broker)
•lbradford@realestateone.com (broker)
Bought with Karly Wentzloff• REO-TCRandolph-233022
Terrific Location! Established rental property, Silver Hills has 4 buildings each with 4 well maintained units that include 4/ 8 space carports. All apartments are filled with leases expiring in spring 2024. No problem keeping them full; close to the YMCA, schools, Munson and town. The buildings have 3 tax ID's and sit on 2.12 acres. Shown by appointment only. No sign.
Public Records
Jan 30, 2006
Sold
$257,500
$368/sq ft
MiRealSource-MiMLS #1330708
Apr 1, 2005
Listing Removed
—
Mar 28, 2005
Listed
$1,159,000
$1,656/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,297 (−7.3%)
2024
$11,109 (+204.3%)
2023
$3,650 (+4.5%)
2022
$3,492 (+3.4%)
2021
$3,378 (+1.1%)
2020
$3,342 (+25.1%)
2019
$2,671
Tax history for 3835-3841 Silver Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$10,297 (−7.3%)
2024
$11,109 (+204.3%)
2023
$3,650 (+4.5%)
2022
$3,492 (+3.4%)
2021
$3,378 (+1.1%)
2020
$3,342 (+25.1%)
2019
$2,671
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
3,104
Year built
1988
Style
Condo/Co-op
County
Grand Traverse County
APN
05-284-002-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 3, 2026.
R-3
Multiple Family Residential District
The R-3 Multiple Family Residential districts provide areas for medium to high density one and two family residential dwelling units mixed with a variety of multiple family residential dwelling types, including apartments and group housing, where adequate public facilities and services exist with capacity to serve such development. The districts are composed mainly of areas containing an existing mix of these dwelling types as well as areas within which such development appears likely and desirable. They are intended to encourage more intensive development in and near the core areas of the township. The R-3 districts are designed to encourage a suitable neighborhood environment for family life by including among the permitted uses such facilities as schools, places of worship and parks that will promote a sense of community, urban vitality and the efficient provision of infrastructure. R-3 district regulations are designed to allow for market and design flexibility while preserving the neighborhood character and permitting applicants to cluster development to preserve environmentally sensitive and natural land areas.