NOT LISTED FOR SALE

1501 N Setterbo Rd Suttons Bay, MI 49682

Estimated Value: $491,000 - $586,000

2 Beds
1 Bath
1,312 Sq Ft
$421/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $227,000 $173 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $3,339/month

374 Days on Market

Highlights

  • 20 Acre Lot
  • Deck
  • Wooded Lot
  • Countryside Views
  • Wood Burning Stove
  • Ranch Style House

About This Home

As of November 2019

20 acres mostly covered by gorgeous hardwoods, adjoining 40 acres of public parkland just north of the village of Suttons Bay with public access on Suttons Bay. Bungalow could be adorable and is in livable condition, but has not been updated. Wood floors in the bedrooms, large main level laundry/mud room. The one car garage is under the house and square footages noted above do not include 288 sq. ft. for the garage space. Buyer should verify measurements. South line appears to be on the 45th Parallel! Asking the surveyor to verify.

Last Agent to Sell the Property

Pamela Mork

Coldwell Banker Schmidt-S.Bay License #6502365553 Listed on: 10/27/2018

Coldwell Banker Schmidt-S.Bay

Last Buyer's Agent

Pamela Mork

Coldwell Banker Schmidt-S.Bay License #6502365553 Listed on: 10/27/2018

Coldwell Banker Schmidt-S.Bay

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,521

Year Built

  • Built in 1967

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 660x1300
  • Landscaped
  • Lot Has A Rolling Slope
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Fixer Upper
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,312 Sq Ft Home
  • Paneling
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Drapes & Rods
  • Mud Room
  • Countryside Views
  • Washer

Kitchen

  • Oven or Range
  • Stove
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Windows

Parking

  • 1 Car Garage
  • Drive Under Main Level

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Suttons Bay Elementary School
  • Suttons Bay Middle School
  • Suttons Bay Senior High School

Utilities

  • Zoned Heating and Cooling
  • Baseboard Heating
  • Well
  • Electric Water Heater

Community Details

  • Metes And Bounds Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,521

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1967
  • Construction: Frame
  • Section Number: 16
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1967

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Freezer, Drapes, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Fixer-Upper, Mud Room, Paneling
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11'4"x9'4", On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 11'4"x12'4", On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 19xCombo, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: 11'6"x8'5", On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: Combox13'4", On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 1312
  • Estimated Below Grade Unfinished Sq Ft: 1144
  • Price Per Sq Ft: 173.02
  • Range: R 11W
  • Total Finished Sf Apx: 1312

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck, Countryside View, Landscaped, Porch
  • Exterior Finish: Aluminum
  • Foundation: Full, Walkout, Block, Daylight Windows, Unfinished
  • Number Of Acres: 20
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 1
  • Primary Garage: Drive Under/Built-In, Paved Driveway

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Baseboard, Zoned/Dual
  • Laundry: Dimensions: 13'2"x9'11", On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and bounds

Schools

  • School District: Suttons Bay Public Schools
  • Elementary School: Suttons Bay Elementary School
  • Middle School: Suttons Bay Middle School
  • High School: Suttons Bay Senior High School

Lot Info

  • Percent Open: 5
  • Land Features: Wooded, Rolling
  • Lot Dimensions: 660x1300
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Percent Wooded: 95
  • Zoning Use Restrictions: Agricultural

Tax Info

  • Summer Taxes: 3037.57
  • Taxable Value: 93389
  • Total Taxes: 3520.85
  • Winter Taxes: 483.28
  • Year Summer: 2018
  • Year Winter: 2016

MLS Schools

  • Elementary School: Suttons Bay Elementary School
  • HighSchool: Suttons Bay Senior High School
  • School District: Suttons Bay Public Schools
  • Middle School: Suttons Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2018
Closed on
Nov 12, 2019
Sold by
Brenner Dorothy M
Bought by
Dick Julie
Seller's Agent
Pamela Mork
Coldwell Banker Schmidt-S.Bay
Buyer's Agent
Pamela Mork
Coldwell Banker Schmidt-S.Bay
List Price
$298,500
Sold Price
$227,000
Premium/Discount to List
-$71,500
-23.95%
Current Estimated Value
$552,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,125
Avg. Annual Appreciation
16.20%
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
Dick Julie $227,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $227,000 -18.6% $173 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
09/10/2019 09/10/19 Price Changed $279,000 -6.5% $213 / Sq Ft
10/27/2018 10/27/18 For Sale $298,500 -- $228 / 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 $5,052 $216,490 $0 $0
2024 $4,266 $156,780 $0 $0
2023 $4,059 $129,040 $0 $0
2022 $4,522 $131,410 $0 $0
2021 $4,436 $115,240 $0 $0
2020 $4,859 $125,540 $0 $0
2019 $3,587 $108,500 $0 $0
2018 -- $112,950 $0 $0
2017 -- $105,900 $0 $0
2016 -- $101,420 $0 $0
2015 -- $95,410 $0 $0
2014 -- $88,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1854514

Northern Great Lakes REALTORS® MLS

APN: 011-016-010-00