NOT LISTED FOR SALE

120 Pearl St Leland, MI 49654

Leland Neighborhood

Estimated Value: $738,587 - $830,000

4 Beds
2 Baths
1,725 Sq Ft
$467/Sq Ft Est. Value

Last Sold July 13, 2021

Last sale price $575,000 $333 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,936/month

50 Days on Market

Highlights

  • Colonial Architecture
  • Solid Surface Countertops
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Formal Dining Room
  • 1-minute walk to Village Green

About This Home

As of July 2021

Prime location in downtown Leland (the corner of Pearl & 1st). What an opportunity, with this historic colonial home that sits upon a C1 Commercial zoned lot. Creativity and excitement will be the best combination here. Walk to everything! Fishtown, Leland Country Club, Lake Michigan beaches, all of these coveted amenities. This 4 bed 2 bath home has beautiful hardwood floors throughout 90% of the home. Large living spaces for family and entertaining. Full basement with concrete floor makes for fantastic storage and other potential uses. All measurements and listing details are deemed reliable, but not guaranteed. Buyer, or buyer's agent should verify.

Last Agent to Sell the Property

Tom Alflen

EXIT Northern Shores-TC License #6501303821 Listed on: 04/16/2021

EXIT Northern Shores-TC

Last Buyer's Agent

Kyle Jean

EXIT Northern Shores-TC License #6501402871

EXIT Northern Shores-TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,641

Year Built

  • Built in 1880

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 100x50
  • Corner Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • Private Driveway

Home Design

  • Colonial Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,725 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Windows

Accessible Home Design

  • Handicap Accessible

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,641

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story, Colonial
  • Estimated Year Built: 1880
  • Construction: Frame
  • Section Number: 9
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Water Softener Owned, Blinds, Natural Gas Water Heater
  • Interior Amenities: Foyer Entrance, Pantry, Solid Surface Counters, Formal Dining Room
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 14x14, On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 19x11, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 10x7.5, On Level: Upper Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 12x9, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: No
  • Dining Room: Dimensions: 14x14, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 14x9, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 12x10, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 14x11, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1725
  • Estimated Below Grade Unfinished Sq Ft: 975
  • Price Per Sq Ft: 333.33
  • Range: R 12W
  • Total Finished Sf Apx: 1725

Exterior Features

  • Exterior Features: Handicap Access
  • Exterior Finish: Vinyl
  • Foundation: Full, Daylight Windows, Entrance Inside
  • Number Of Acres: 0.11
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Dirt, Private

Utilities

  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor, Flooring: Concrete
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Private Well

Schools

  • School District: Leland Public School District

Lot Info

  • Lot Number: 12
  • Land Features: Corner Lot, Level
  • Lot Dimensions: 100x50
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Commercial

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jul 13, 2021
Sold by
Laskey Dona Scott
Bought by
Magnu Investments Llc
Seller's Agent
Tom Alflen
EXIT Northern Shores-TC
Buyer's Agent
Kyle Jean
EXIT Northern Shores-TC
List Price
$625,000
Sold Price
$575,000
Premium/Discount to List
-$50,000
-8%
Current Estimated Value
$805,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,897
Avg. Annual Appreciation
10.29%
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Magnu Investments Llc $575,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2021 07/13/21 Sold $575,000 -8.0% $333 / Sq Ft
04/16/2021 04/16/21 For Sale $625,000 +47.1% $362 / Sq Ft
02/10/2020 02/10/20 For Sale $425,000 +4.9% $246 / Sq Ft
01/31/2020 01/31/20 Sold $405,000 -- $235 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
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
2025 $6,641 $280,200 $0 $0
2024 $5,503 $273,200 $0 $0
2023 $5,202 $203,800 $0 $0
2022 $5,991 $189,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tom Alflen

    Seller's Agent in 2021

    Tom Alflen

    EXIT Northern Shores-TC

    (231) 649-6797

    4 in this area

    108 Total Sales

    Tom Alflen
    Section Image
  • Kyle Jean

    Buyer's Agent in 2021

    Kyle Jean

    EXIT Northern Shores-TC

    (231) 633-3933

    3 in this area

    92 Total Sales

    Kyle Jean
    Section Image
  • Randy Reeds

    Seller's Agent in 2020

    Randy Reeds

    Reeds Realty

    (616) 291-3930

    275 Total Sales

    Randy Reeds
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1886213

Northern Great Lakes REALTORS® MLS

APN: 009-750-412-00

Michigan Leelanau County Leland 49654 Leland

120 Pearl St, Leland, MI

This home is located at 120 Pearl St, Leland, MI 49654 since 16 April 2021 and is currently estimated at $805,897, approximately $467 per square foot. This property was built in 1880. 120 Pearl St is a home located in Leelanau County with nearby schools including Leland Public School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Great Lakes REALTORS® MLS The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS® MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.

Copyright 2025 Northern Great Lakes REALTORS® MLS. All Rights Reserved.

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