NOT LISTED FOR SALE

1247 S Ruby Ln Lake Leelanau, MI 49653

Estimated Value: $1,364,000 - $1,732,000

3.5 Acres
$427,807 Price per Acre
152,460 Sq Ft Lot

Sale Details

Date Sold: March 4, 2021

Last sale price $112,500

Est. 1,231% increase in value since last sale

Current estimated payment $8,505 / mo

46 Days on Market

Highlights

  • Water Views
  • Wooded Lot
  • Level Lot
  • Leland Public School Rated A-

About This Lot

As of March 2021

A rare water view find! This vacant 3.5 acre parcel set high over Lake Leelanau is the perfect serene setting for your dream home with gorgeous views of the lake and just minutes from the town of Lake Leelanau. It is a partially wooded/partially open parcel with many flat building site locations for you to perfectly situate your new home for views, beauty and serenity. This spacious level parcel has plenty of additional space for an outbuilding as well. Lake access and boat launch are just a couple of miles away, as are the quaint waterfront towns of Lake Leelanau, Leland and Suttons Bay. Just surveyed and marked with stakes for easy viewing.

Last Agent to Sell the Property

Meagan Luce

Century 21 Northland Listed on: 12/13/2020

Century 21 Northland

Last Buyer's Agent

Bob Brick

REMAX Bayshore - West Shore Dr TC

REMAX Bayshore - West Shore Dr TC

Property Details

Property Type

  • Land

Lot Details

  • 3.5 Acre Lot
  • Lot Dimensions are 361x380
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Water Views
  • Countryside Views

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank

Property Details

Property Type

Land

Lot Details

3.5 Acres

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 12W

Exterior Features

  • Exterior Features: Countryside View
  • Number Of Acres: 3.5
  • Road: Private Owned, Gravel, Privately Maintained
  • Water Features: Water View

Utilities

  • Utilities Available: Underground Electric
  • Waste Available: Private Septic
  • Water Available: Private Well

Lot Info

  • Land Features: Level, Rolling, Wooded
  • Lot Dimensions: 361x380
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2020
Closed on
Mar 2, 2021
Sold by
Mitchell David A
Bought by
Reid Simpson and Simpson Cathy
Seller's Agent
Meagan Luce
Century 21 Northland
Buyer's Agent
Bob Brick
REMAX Bayshore - West Shore Dr TC
List Price
$120,000
Sold Price
$112,500
Premium/Discount to List
-$7,500
-6.25%
Current Estimated Value
$1,497,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,384,823
Avg. Annual Appreciation
65.47%

Purchase Details

Closed on
Jun 9, 2017
Sold by
Birgit Adamofsky
Bought by
Mitchell David A and Mitchell Kelly

Purchase Details

Closed on
Aug 9, 2004
Sold by
Carnick Nanette
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Reid Simpson $112,500 --
Mitchell David A $92,000 --
-- $137,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold $112,500 -6.3% --
12/13/2020 12/13/20 For Sale $120,000 -- --
Source: Northern Great Lakes REALTORS® MLS

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 $6,801 $551,300 $0 $0
2024 $5,636 $242,100 $0 $0
2023 $961 $45,000 $0 $0
2022 $1,101 $35,000 $0 $0
2021 $1,084 $35,000 $0 $0
2020 $1,105 $35,000 $0 $0
2019 $1,085 $35,000 $0 $0
2018 -- $35,000 $0 $0
2017 -- $35,000 $0 $0
2016 -- $35,000 $0 $0
2015 -- $35,000 $0 $0
2014 -- $35,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1882649

Northern Great Lakes REALTORS® MLS

APN: 009-035-001-20

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