NOT LISTED FOR SALE

124 S Shore Dr Suttons Bay, MI 49682

Estimated Value: $1,267,292

5 Beds
7 Baths
2,479 Sq Ft
$511/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $977,000 $394 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $7,771/month

33 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Spa
  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Bay View

About This Home

As of May 2021

Rare opportunity to live on West Bay and be able to walk to all the amenities of downtown Suttons Bay on Leelanau Peninsula. The property has 25' of direct frontage on Suttons Bay and abuts 300' of sandy public beach at South Shore Park, providing for breathtaking unobstructed bay views. This unique property includes a newly renovated 2,479 square foot home and 3 remodeled cottages that can be used by your guests or rented for additional income. Two cottages each have 1 bdrm, 1 bath, and sleep 4 while the third cottage has 2 bdrms, 1 bath, sleeps 6, and has waterfront views. Currently the home and cottages are short-term rentals and "Cottages on Suttons Bay" guests enjoy a private beach & onsite dock, central air/heat, fully equipped kitchens, outdoor grilling & dining and a fire-pit on the beach. Unique opportunity to enjoy West Grand Traverse Bay (Suttons Bay) and walk to downtown restaurants & shopping, Hansen's grocery store and Hop Lot Beer Garden.

Last Agent to Sell the Property

Daniel Stiebel

Coldwell Banker Schmidt Traver License #6502352362 Listed on: 04/14/2021

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Daniel Stiebel

Coldwell Banker Schmidt Traver License #6502352362 Listed on: 04/14/2021

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,028

Year Built

  • Built in 1986

Lot Details

  • 0.75 Acre Lot
  • Private Waterfront
  • 25 Feet of Waterfront
  • Sandy Beach
  • Landscaped
  • Level Lot
  • The community has rules related to zoning restrictions

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,479 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Blinds
  • Bay Window
  • Den
  • Loft
  • Bay Views

Kitchen

  • Oven or Range
  • Cooktop
  • Microwave
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deeded Waterfront Access Rights
  • Private Dock
  • Balcony
  • Deck
  • Patio

Location

  • Property is near a Great Lake

Utilities

  • Forced Air Heating and Cooling System
  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • Cottages On Suttons Bay Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,028

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1986
  • Construction: Frame, Timber Frame
  • Private Shared: Private
  • Section Number: 28
  • Year Updated: 2020
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1986

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Hot Tub, Cook Top, Blinds
  • Interior Amenities: Bay Window(s), Loft, Granite Kitchen Tops, Island Kitchen, Den/Study, Beamed Ceilings
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 14.5x15.5, On Level: Main Floor
  • Bedroom 2: Dimensions: 12x12, On Level: Upper Floor
  • Bedroom 3: Dimensions: 10x11, On Level: Upper Floor
  • Bedroom 4: Dimensions: 15xirreg, On Level: Upper Floor
  • Total Bathrooms: 7
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 4
  • Number of Three Quarter Bathrooms: 3
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: combox19, On Level: Main Floor
  • Living Room: Dimensions: 25xcombo, On Level: Main Floor
  • Estimated Above Ground Finished Sq Ft: 2479
  • Price Per Sq Ft: 394.11
  • Range: R 11W
  • Total Finished Sf Apx: 2479

Exterior Features

  • Body Of Water: Suttons Bay
  • Exterior Features: Bay View, Balcony, Deck, Patio, Landscaped
  • Exterior Finish: Vinyl, Wood, Log Siding
  • Foundation: Slab
  • Number Of Acres: 0.75
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Water View, Private Dock, Sandy Bottom, Great Lake, Bay View
  • Waterfront Frontage: 25

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Heating Cooling Types: Forced Air, Central Air, Wall, Ductless A/C
  • Laundry: On Level: Main Floor
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet, WiFi
  • Water: Municipal

Association/Amenities

  • Development Name: Cottages on Suttons Bay

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential, Multi-Family, Rental History

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2012
Closed on
Jan 29, 2013
Sold by
Petroskey Kurtis and Petroskey Karagene
Seller's Agent
Carole Higgins
Cygnus Real Estate
Buyer's Agent
Carole Higgins
Cygnus Real Estate
List Price
$499,000
Sold Price
$415,000
Premium/Discount to List
-$84,000
-16.83%
Current Estimated Value
$1,267,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,292
Avg. Annual Appreciation
9.15%
Source: Public Records

Range of Values:

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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
-- $415,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $977,000 -1.8% $394 / Sq Ft
04/14/2021 04/14/21 For Sale $995,000 +139.8% $401 / Sq Ft
01/29/2013 01/29/13 Sold $415,000 -16.8% $171 / Sq Ft
11/09/2012 11/09/12 Pending -- -- --
06/07/2012 06/07/12 For Sale $499,000 -- $205 / 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
2025 $11,028 $414,260 $0 $0
2024 $11,895 $383,130 $0 $0
2023 $11,381 $339,740 $0 $0
2022 $12,233 $261,420 $0 $0
2021 $7,277 $190,270 $0 $0
2020 $7,263 $190,480 $0 $0
2019 $8,599 $188,500 $0 $0
2018 -- $186,890 $0 $0
2017 -- $188,370 $0 $0
2016 -- $186,890 $0 $0
2015 -- $188,550 $0 $0
2014 -- $194,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1886112

Northern Great Lakes REALTORS® MLS

APN: 043-220-004-00