NOT LISTED FOR SALE

122 Summerset Ct Suttons Bay, MI 49682

Estimated Value: $531,000 - $834,000

2 Beds
1.5 Baths
1,326 Sq Ft
$492/Sq Ft Est. Value

Last Sold August 05, 2016

Last sale price $240,000 $181 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $4,165/month

280 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Indoor Pool
  • Lake Privileges
  • 700 Feet of Waterfront
  • Bay View
  • 4-minute walk to Suttons Bay North Park

About This Home

As of August 2016

Explore downtown Suttons Bay and beautiful Leelanau County with the ideal setup - enjoy your own freestanding home, but the benefits and low maintenance living of a condo! This home has incredible natural light and gorgeous views of the teal waters of Suttons Bay, a lovely covered front deck to enjoy the sunrise, and a private fully fenced back yard to be able to stretch out and entertain. The main living room and dining room feel quite large with vaulted ceilings and a warm fireplace, and the kitchen with newer appliances and granite counters is a perfect setup for the chef. A huge unfinished basement can serve as a great opportunity for storage, or an easy opportunity to expand square footage and add bedrooms, workshop, fitness room, or home theatre! Park the cars in the attached garage in the cold months, and enter your home through a mudroom area - perfect for boots and coats. But, one of the best features of this home is its location. A very short walk will get you into downtown Suttons Bay, to the Bayview community building with indoor pool and more, or to the boat launch! The TART trail runs right through the Bayview development, and in a short drive you can explore wine country, award-winning wineries and golf courses, lighthouses, Lake Leelanau, and more!

Last Listed By

Blake Bernard

REO-TCRandolph-233022 License #6501380347 Listed on: 10/26/2015

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,504

Year Built

  • Built in 2007

Lot Details

  • 700 Feet of Waterfront
  • Fenced Yard
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $170 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Craftsman Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Roof
  • Cement Board or Planked

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Bay Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Minimal Steps

Outdoor Features

  • Indoor Pool
  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Lake Privileges
  • Deck
  • Covered patio or porch

Location

  • Ground Level Unit
  • Property is near a Great Lake

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, liability insurance, snow removal, trash removal
  • Bayview Condominiums Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Exercise Course
  • Community Pool
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,504

Year Built

Built in 2007

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cape Cod, Contemporary, Craftsman, 1 Story
  • Estimated Year Built: 2007
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 28
  • Year Updated: 2007
  • Year Renovated: 2007
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2007

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Natural Gas Water Heater
  • Interior Amenities: Jetted Tub, Skylights, Foyer Entrance, Indoor Pool, Granite Bath Tops, Granite Kitchen Tops, Solid Surface Counters, Mud Room, Great Room, Vaulted Ceilings
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 16x13, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 15.5x11.25, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Dining Room: Dimensions: ComboxCombo, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 8.5x12, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 22x15, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1326
  • Estimated Below Grade Unfinished Sq Ft: 1326
  • Price Per Sq Ft: 181
  • Range: R 11W
  • Total Finished Sf Apx: 1326

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Bay View, Deck, Fenced Yard, Covered Porch, Tennis Court, Landscaped
  • Exterior Finish: Cement Board
  • Foundation: Full, Unfinished
  • Road: Shared, Association, Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Water View, Great Lake, Public Lake
  • Waterfront Frontage: 700

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 9.25x6, On Level: Main Floor, Flooring: Tile
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Lawn Care, Liability Insurance, Snow Removal, Trash Removal
  • Annual Association Fees: 2040
  • Condo: Yes
  • Condo Unit Access: Limited Steps
  • Condo Unit Level: First Floor Level

Association/Amenities

  • Development Amenities: Clubhouse, Tennis Court, Exercise Facility, Pool, Lake Privileges, Pets Allowed, Common Area
  • Development Name: Bayview Condominiums

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential, Deed Restrictions, Building-Use Restrictions

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Aug 5, 2016
Sold by
Strand David M Trust
Bought by
Karr Carolyn T
Seller's Agent
Blake Bernard
REO-TCRandolph-233022
Buyer's Agent
Mark Carlson
Coldwell Banker Schmidt-Leland
List Price
$289,000
Sold Price
$240,000
Premium/Discount to List
-$49,000
-16.96%
Total Days on Market
280
Current Estimated Value
$652,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,858
Avg. Annual Appreciation
12.54%

Range of Values:

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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
Karr Carolyn T $240,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $240,000 -17.0% $181 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $289,000 -- $218 / 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 $4,504 $271,210 $0 $0
2023 $4,325 $234,280 $0 $0
2022 $5,173 $217,630 $0 $0
2021 $3,473 $205,930 $0 $0
2020 $3,457 $176,390 $0 $0
2019 $4,455 $186,800 $0 $0
2018 -- $126,350 $0 $0
2017 -- $128,300 $0 $0
2016 -- $152,090 $0 $0
2015 -- $152,490 $0 $0
2014 -- $133,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1808148

Northern Great Lakes REALTORS® MLS

APN: 043-201-005-00