NOT LISTED FOR SALE

1164 E Traverse Lake Rd Cedar, MI 49621

Estimated Value: $1,513,000 - $2,328,000

4 Beds
4.5 Baths
4,008 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $1,310,000 $327 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $10,677/month

47 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Spa
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Craftsman Architecture

About This Home

As of June 2021

Nestled along picturesque Little Traverse Lake, this gorgeous Northern Michigan Craftsman cottage is a sunny, south-facing waterfront property with views of Sugarloaf Mountain! Fully furnished, this is a perfect opportunity for a year-round residence, a special seasonal get-away, or an investment rental. The water views continue inside through large windows lining the south wall of an open-concept living/dining area with a wood-burning fireplace and built-in shelves. Entertain in the bright kitchen featuring a unique granite farmhouse sink and bar seating. The main-floor primary bedroom has a private, walk-out balcony and open shower en-suite. There is plenty of room for family or guests with four bedrooms + two bonus rooms for an office or craft room, 4.5 baths, locking closets, and a spacious lower-level family room with a walk-out deck. Relax in the hammock on the screened-in porch, or take a stroll down the boardwalk and get a glimpse of plenty of local wildlife along the way. The exterior features cedar siding, a 2 car attached garage with additional attic storage, easy-to-maintain landscaping, and dock for a boat. With ownership comes the opportunity to join the active Little Traverse Lake Association. Home is across from unforgettable hiking trails out to Good Harbor Bay on Lake Michigan. 10 minutes from Leland, Cedar, and Maple City, and only 15 from Glen Arbor.

Last Listed By

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 05/14/2021

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,359

Year Built

  • Built in 2004

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 100x330
  • Private Waterfront
  • 100 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views
  • Countryside Views

Home Design

  • Craftsman Architecture
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 4,008 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Wood Burning Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Game Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Private Dock
  • Tiered Deck
  • Covered patio or porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,359

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Craftsman
  • Estimated Year Built: 2004
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 12
  • Univs Design Barrier Free: Main Floor Access, Covered Entrance
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2004

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Hot Tub, Exhaust Fan, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Foyer Entrance, Solid Surface Counters, Mud Room, Great Room, Game Room, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 13x14, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 13x8.5, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 15.5x12, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 16.5x13.5, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 4.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: combox14, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 36x18, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 15.5x13, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 32xcombo, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 13x8, On Level: Upper Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2688
  • Estimated Below Grade Finished Sq Ft: 1320
  • Estimated Below Grade Unfinished Sq Ft: 216
  • Price Per Sq Ft: 326.85
  • Range: R 13W
  • Total Finished Sf Apx: 4008

Exterior Features

  • Body Of Water: Little Traverse Lake
  • Exterior Features: Deck, Multi-Level Decking, Countryside View, Covered Porch, Porch
  • Exterior Finish: Wood
  • Foundation: Full, Block
  • Number Of Acres: 0.76
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, Water View, Private Dock, Soft Bottom, Sandy Bottom, Vegetation to Water Edge, Public Lake
  • Waterfront Frontage: 100

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air, Hot Water, Zoned/Dual
  • Laundry: Dimensions: 19x10.5, On Level: Main Floor, Flooring: Wood
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, DSL, Cable Internet, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: metes & bounds

Schools

  • School District: Leland Public School District

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Level, Sloping
  • Lot Dimensions: 100x330
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 30, 2021
Sold by
Baker Scott A
Bought by
Sutherland Matthew and Sutherland Victoria
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
List Price
$1,100,000
Sold Price
$1,310,000
Premium/Discount to List
$210,000
19.09%
Total Days on Market
47
Current Estimated Value
$1,800,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,168
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Sep 20, 1996
Sold by
Landry
Bought by
Baker Scott and Baker Kerry

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Baker Scott $126,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $1,310,000 +0.8% $327 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/20/2021 05/20/21 Price Changed $1,300,000 +18.2% $324 / Sq Ft
05/14/2021 05/14/21 For Sale $1,100,000 -- $274 / 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
2024 $8,359 $674,100 $0 $0
2023 $8,527 $612,500 $0 $0
2022 $10,441 $527,400 $0 $0
2021 $6,479 $277,500 $0 $0
2020 $6,479 $276,500 $0 $0
2019 $5,457 $307,900 $0 $0
2018 -- $272,100 $0 $0
2017 -- $273,100 $0 $0
2016 -- $272,100 $0 $0
2015 -- $219,300 $0 $0
2014 -- $266,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1887348

Northern Great Lakes REALTORS® MLS

APN: 003-012-023-00