NOT LISTED FOR SALE

172 E Traverse Lake Rd Cedar, MI 49621

Estimated Value: $805,000 - $1,413,000

4 Beds
2 Baths
2,048 Sq Ft
$585/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $600,000 $293 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $7,210/month

63 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 102 Feet of Waterfront
  • Wooded Lot
  • Leland Public School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of July 2017

Little Traverse Lake waterfront home in Leelanau County! Offering secluded lakeside living, this deep 1.69 acre parcel boasts direct frontage w/south-facing views, beautiful woodland & hundreds of acres of national park land just across the road. Ideal for the large household or family vacation compound, the sprawling 4BR mid-century ranch home offers convenient main floor living w/huge living area, stone fireplace, sunroom & 2 full baths. Dual sliders open to large waterside deck & gazebo, perfect for sunning & outdoor meals. Detached 2 car garage for storage/parking & whole-house generator to keep things running 24-7. Great central location between Glen Arbor & Leland shopping/dining, Lake Michigan, hiking, golf & scenic roads.

Last Agent to Sell the Property

Ron Raymond

Serbin Real Estate License #6501343256 Listed on: 05/18/2017

Last Buyer's Agent

Ron Raymond

Serbin Real Estate License #6501343256 Listed on: 05/18/2017

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1969

Lot Details

  • 1.69 Acre Lot
  • Lot Dimensions are 102x729
  • 102 Feet of Waterfront
  • Property fronts an easement
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,048 Sq Ft Home
  • Bookcases
  • Paneling
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Workshop
  • Crawl Space

Kitchen

  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Access To Lake
  • Deck

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1969
  • Construction: Frame
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1969

Interior Features

  • Appliances Equipment: Refrigerator, Disposal, Dishwasher, Microwave, Washer, Dryer, Freezer, Wall Oven, Cook Top, Exhaust Fan, Blinds, Drapes, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Mud Room, Workshop, Paneling
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 11.6x11.8, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.8x10.2, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 9.7x11.6, On Level: Main Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 9x11.8, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room: Dimensions: 19.2xCombo, On Level: Main Floor, Flooring: Carpet
  • Kitchen: Dimensions: Combox8.9, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 19.3x35.6, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 15.3x11.7, On Level: Main Floor, Flooring: Tile
  • Range: R 13W
  • Total Finished Sf Apx: 2048

Exterior Features

  • Body Of Water: Little Traverse Lake
  • Exterior Features: Deck, Sidewalk
  • Exterior Finish: Wood
  • Foundation: Crawl Space, Block
  • Lake Size: 640 Acres
  • Number Of Acres: 1.69
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Private Lake
  • Waterfront Frontage: 102

Garage/Parking

  • Driveway: Gravel, Easement
  • Garage Capacity: 2
  • Primary Garage: Detached, Door Opener, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Insert
  • Heating Cooling Types: Baseboard
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Lot Info

  • Percent Open: 20
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Wooded, Evergreens, Level
  • Lot Dimensions: 102x729
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Percent Wooded: 80
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 2446.24
  • Winter Taxes: 687.98

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 20, 2017
Sold by
Eggenberger Aubrey G
Bought by
Bernstein William A and Bernstein Gail A
Seller's Agent
Ron Raymond
Serbin Real Estate
Buyer's Agent
Ron Raymond
Serbin Real Estate
List Price
$750,000
Sold Price
$600,000
Premium/Discount to List
-$150,000
-20%
Current Estimated Value
$1,198,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,850
Avg. Annual Appreciation
8.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bernstein William A $600,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2017 07/21/17 Sold $600,000 -20.0% $293 / Sq Ft
07/20/2017 07/20/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $750,000 -- $366 / 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 $10,925 $520,200 $0 $0
2024 $8,802 $501,000 $0 $0
2023 $8,720 $470,400 $0 $0
2022 $9,700 $428,200 $0 $0
2021 $9,190 $317,900 $0 $0
2020 $9,190 $337,800 $0 $0
2019 $7,693 $292,500 $0 $0
2018 -- $296,700 $0 $0
2017 -- $297,500 $0 $0
2016 -- $296,700 $0 $0
2015 -- $212,200 $0 $0
2014 -- $220,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Ron Raymond

    Serbin Real Estate

    (231) 883-1217

    69 Total Sales

    Ron Raymond
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1832323

Northern Great Lakes REALTORS® MLS

APN: 003-011-019-00

Michigan Leelanau County Cedar 49621

172 E Traverse Lake Rd, Cedar, MI

Not Listed for Sale

Detached

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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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