NOT LISTED FOR SALE

1255 S Ruby Ln Lake Leelanau, MI 49653

Estimated Value: $90,000 - $916,000

3.25 Acres
$195,682 Price per Acre
141,570 Sq Ft Lot

Last Sold June 12, 2017

Last sale price $120,000

Est. 430% increase in value since last sale

Current estimated payment $3,933/month

10 Days on Market

About This Lot

As of June 2017

WOW WHAT A VIEW! Spectacular panoramic views of South Lake Leelanau are yours to enjoy! Prime building location with more than 3 acres. Nicely wooded with Maples and Pines. The building site is level and well drained with Health Department approved on site sewage site. Small yard barn on property is included. This location is close to all the amenities and a short drive to Leland and Suttons Bay located in beautiful Leelanau County. Owners are very motivated bring them offers!!

Last Agent to Sell the Property

Bob Kibbey

Northern Michigan Prop Store License #6501245534 Listed on: 04/27/2017

Last Buyer's Agent

Bob Kibbey

Northern Michigan Prop Store License #6501245534 Listed on: 04/27/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,740

Lot Details

  • 3.25 Acre Lot
  • Lot Dimensions are 325x379
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Water Views
  • Countryside Views

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank

Community Details

  • Metes&Bounds Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,740

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 35
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 36923.08
  • Range: R 12W

Exterior Features

  • Exterior Features: Countryside View
  • Number Of Acres: 3.25
  • Road: Private Owned
  • Water Features: Water View

Utilities

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

Condo/Co-op/Association

  • Annual Association Fees: 300

Association/Amenities

  • Development Name: metes&bounds

Schools

  • School District: Leland Public School District

Lot Info

  • Land Features: Level, Rolling, Sloping, Hardwoods
  • Lot Dimensions: 325X379
  • Mineral Rights: Unknown
  • Percent Tillable: 50
  • Percent Wooded: 50
  • Zoning Use Restrictions: Agricultural, Metes And Bounds

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Jun 12, 2017
Sold by
Musolf Donald E
Bought by
Tropf Jason M
Seller's Agent
Bob Kibbey
Northern Michigan Prop Store
Buyer's Agent
Bob Kibbey
Northern Michigan Prop Store
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$635,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$515,968
Avg. Annual Appreciation
24.53%

Purchase Details

Closed on
Aug 9, 2004
Sold by
Andrew Andrew E and Andrew Marcia L
Bought by
Musolf Donald E and Musolf Barbara L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tropf Jason M $120,000 --
Musolf Donald E $120,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2017 06/12/17 Sold $120,000 -4.0% --
05/07/2017 05/07/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $125,000 -- --
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 $4,740 $301,900 $0 $0
2024 $3,499 $265,500 $0 $0
2023 $3,315 $228,600 $0 $0
2022 $3,682 $122,800 $0 $0
2021 $3,482 $120,100 $0 $0
2020 $1,133 $35,900 $0 $0
2019 $1,109 $35,800 $0 $0
2018 -- $35,400 $0 $0
2017 -- $35,400 $0 $0
2016 -- $35,400 $0 $0
2015 -- $35,400 $0 $0
2014 -- $35,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Bob Kibbey

    Northern Michigan Prop Store

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1831104

Northern Great Lakes REALTORS® MLS

APN: 009-035-001-25

Michigan Leelanau County Lake Leelanau 49653

1255 S Ruby Ln, Lake Leelanau, MI

This home is located at 1255 S Ruby Ln, Lake Leelanau, MI 49653 since 27 April 2017 and is currently estimated at $635,968. 1255 S Ruby Ln is a home located in Leelanau County with nearby schools including Leland Public School, Leelanau Montessori Public School Academy, and St. Mary School, Lake Leelanau.

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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