NOT LISTED FOR SALE

1551 S Schomberg Rd Lake Leelanau, MI 49653

Estimated Value: $715,889 - $1,800,000

5 Beds
5.5 Baths
4,950 Sq Ft
$254/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $475,000 $96 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $7,047/month

295 Days on Market

Highlights

  • Guest House
  • Countryside Views
  • Contemporary Architecture
  • Home fronts a creek
  • Tiered Deck
  • Wooded Lot

About This Home

As of December 2020

Recent guests said: "This has been so lovely. It is amazing to sit here and listen to a concerto of birdsong, accompanied by the soft percussion of the wind in the trees. Although we are anxious to get home and see our beautiful new space, we will be leaving with a pang. This is one of the loveliest places on earth, and I can't imagine a much better place to stay and enjoy it fully." As you enter the magical world of a beautiful & artistic architectural Northern Michigan masterpiece, this stunning, unique 5,000 SF home is owner custom designed & built. A mile from Good Harbor Bay; uniquely suited to use as a bed ("Bud?") and breakfast, vacation rental or guest house leaving plenty of room for a simultaneous permanent residence. Five bedrooms with private baths, ample sitting areas, numerous decks & ingenious stairways; architectural brilliance which creates havens of privacy throughout. There are 6 masonry wood-burning fireplaces: 4 in the main house & 2 in the cabin! This work of art has been meticulously maintained since its inception; lovingly added onto with clever historic buildings. One is a replica of a pioneer cabin, built with hand-hewn logs & outfitted with a fireplace designed and used to cook pioneer dinners like our forefathers did! The 9 acres has total privacy with hardwood white birch, oak & sugar maple in abundance, as well as conifer softwoods, towering pine, fir, spruce, and hemlock. The land is unmatched with rolling hills, ravines and green verdant valleys, and a babbling brook runs through with small waterfalls over the rocks. It's 9 acres of adult and kid heaven with creek, small spaces to explore, gorgeous woods: home sweet home. This private and secluded beauty is a 5-min drive to Leland, 30 to Traverse City, or public access at Good Harbor Bay in just minutes where you can boat and swim to your heart’s content, then come back to total quiet and peace as you open the door to your elegant, timeless hideaway.

Last Agent to Sell the Property

Nicole Gentry

EXIT Northern Shores-TC License #6501378596 Listed on: 12/23/2019

EXIT Northern Shores-TC

Last Buyer's Agent

Steven Batdorff

REO-TCRandolph-233022 License #6501225652

REO-TCRandolph-233022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,481

Year Built

  • Built in 1974

Lot Details

  • 9 Acre Lot
  • Home fronts a creek
  • Landscaped
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,950 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Loft
  • Workshop
  • Solarium
  • Countryside Views
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Stove
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Tiered Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • TV Antenna

Additional Features

  • Guest House
  • Mineral Rights

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,481

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, Bed & Breakfast, 2+ Story
  • Estimated Year Built: 1974
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1974

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Cook Top, Exhaust Fan, Electric Water Heater
  • Interior Amenities: Skylights, Cathedral Ceilings, Foyer Entrance, Walk-In Closet(s), Wet Bar, Pantry, Solarium/Sun Room, Breakfast Nook, Loft, Solid Surface Counters, Formal Dining Room, Great Room, Den/Study, Workshop, Beamed Ceilings, Vaulted Ceilings, Drywall
  • Bedrooms: 5
  • Bedroom 1: Dimensions: 13x10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 17x13, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 13x10, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 11.5x11, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 5.5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 15x11.5, On Level: Upper Floor, Flooring: Tile
  • Family Room: Dimensions: 14x12, On Level: Upper Floor, Flooring: Carpet
  • Kitchen: Dimensions: 13x7.5, On Level: Upper Floor, Flooring: Vinyl
  • Living Room: Dimensions: 26.6x13.5, On Level: Upper Floor, Flooring: Carpet
  • Other Room: Dimensions: 18x14, On Level: Lower Floor, Flooring: Tile
  • Range: R 12W
  • Total Finished Sf Apx: 4950

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Guest House, Sauna
  • Exterior Features: Balcony, Deck, Multi-Level Decking, Patio, Countryside View, Landscaped, Porch
  • Exterior Finish: Stucco/Drivit, Wood, Rough-Sawn
  • Foundation: Walkout, Block
  • Number Of Acres: 9
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Creek

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Insert, Wood, Stove, Masonry
  • Heating Cooling Types: Forced Air
  • Laundry: Dimensions: 14x6, On Level: Lower Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Antenna, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: metes & bounds

Lot Info

  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Level, Rolling
  • Lot Dimensions: irregular
  • Mineral Rights: Yes
  • Parcel Description: Metes and Bounds
  • 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 23, 2019
Closed on
Dec 11, 2020
Sold by
Mcqueen Family Trust
Bought by
Zachman John R and Batdorff Meagan M
Seller's Agent
Nicole Gentry
EXIT Northern Shores-TC
Buyer's Agent
Steven Batdorff
REO-TCRandolph-233022
List Price
$750,000
Sold Price
$475,000
Premium/Discount to List
-$275,000
-36.67%
Current Estimated Value
$1,258,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,963
Avg. Annual Appreciation
22.11%
Source: Public Records

Range of Values:

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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
Zachman John R $475,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $475,000 -24.0% $96 / Sq Ft
10/01/2020 10/01/20 Price Changed $625,000 -3.8% $126 / Sq Ft
09/11/2020 09/11/20 Price Changed $650,000 -7.0% $131 / Sq Ft
08/12/2020 08/12/20 Price Changed $699,000 -6.8% $141 / Sq Ft
12/23/2019 12/23/19 For Sale $750,000 -- $152 / 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 $5,481 $330,200 $0 $0
2024 $4,049 $306,700 $0 $0
2023 $3,835 $261,500 $0 $0
2022 $4,955 $239,600 $0 $0
2021 $4,790 $237,100 $0 $0
2020 $2,436 $281,400 $0 $0
2019 $2,325 $234,600 $0 $0
2018 -- $203,100 $0 $0
2017 -- $148,600 $0 $0
2016 -- $146,500 $0 $0
2015 -- $138,100 $0 $0
2014 -- $118,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1870568

Northern Great Lakes REALTORS® MLS

APN: 009-033-011-00