NOT LISTED FOR SALE

232 W Summerset Ct Suttons Bay, MI 49682

Estimated Value: $1,013,000 - $1,125,332

3 Beds
2.5 Baths
2,268 Sq Ft
$463/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $950,000 $419 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,288/month

5 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Bay View
  • Clubhouse
  • 700 Feet of Waterfront
  • Craftsman Architecture
  • 4-minute walk to Suttons Bay North Park

About This Home

As of August 2023

Like-new, 2021 craftsman-style, free-standing residence in Bay View provides a wonderful opportunity to enjoy bay views, club amenities, marina, and beach access in the Village of Suttons Bay. The home was meticulously built with custom details incorporated by the Seller during the build process. A private foyer and powder room leads to open primary living spaces that includes a dining area, eat-in kitchen with walnut covered island and comfortable living area with gas fireplace. The kitchen’s private pantry, plentiful cabinetry, hard surface countertops, and under-the-counter wine fridge make entertaining enjoyable! Walkout access to main floor patio is ideal for al fresco dining and evening bonfires. Main floor master suite features walk-in closet and walk-in tile shower. First floor laundry room includes a private sink. Upstairs is a loft/family room with space for a desk and dry bar. Two additional bedrooms with walk-in closets, ceiling fans and shared bathroom. The absolute highlight is the screened in porch with double French doors, tongue-and-groove wood ceilings, composite decking, and custom screening under the deck to prevent bugs and insects. Stunning views can be enjoyed! Walking/biking distance to shops restaurants, galleries, the TART trail and more! Exterior siding is LP Smartside® Siding (see associated documents for spec sheet). Association dues include garbage removal, mowing and snowplowing; also access to the Bay View Club that includes a clubhouse for meetings and small gatherings, small workout area, indoor pool, outdoor hot tub, pickleball court and marina. Boat slips are available to rent or purchase and homeowners are given priority. Seller has cameras on the exterior of the home.

Last Agent to Sell the Property

Jamie Jewell

Schaub Team Premier Realty License #6501418491 Listed on: 08/09/2023

Co-Listed By

Roger Schaub

Schaub Team Premier Realty License #6501304308

Last Buyer's Agent

Jamie Jewell

Schaub Team Premier Realty License #6501418491 Listed on: 08/09/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,765

Year Built

  • Built in 2021

Lot Details

  • 0.44 Acre Lot
  • 700 Feet of Waterfront
  • Level Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2,268 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Screened Porch
  • Bay Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake
  • Patio

Location

  • Property is near a Great Lake

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include snow removal, lawn care
  • Bay View Community

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,765

Year Built

Built in 2021

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Craftsman
  • Estimated Year Built: 2021
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 21
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2021

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Blinds, Ceiling Fan, Electric Water Heater
  • Interior Amenities: Foyer Entrance, Walk-In Closet(s), Pantry, Solid Surface Counters, Island Kitchen, Formal Dining Room, Den/Study, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 18'11x13", On Level: Main Floor, Flooring: Vinyl
  • Bedroom 2: Dimensions: 12'3"x13'9", On Level: Upper Floor, Flooring: Vinyl
  • Bedroom 3: Dimensions: 10'6"x11'8", On Level: Upper Floor, Flooring: Vinyl
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 14'9"x8', On Level: Main Floor, Flooring: Vinyl
  • Family Room: Dimensions: 11'11"x10'3", On Level: Upper Floor, Flooring: Vinyl
  • Kitchen: Dimensions: 8'10"x8'4", On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 14"x9'6", On Level: Main Floor, Flooring: Vinyl
  • Other Room: Dimensions: 16'x11'11, On Level: Upper Floor, Flooring: Other
  • Estimated Above Ground Finished Sq Ft: 2268
  • Price Per Sq Ft: 418.87
  • Range: R 11W
  • Total Finished Sf Apx: 2268

Exterior Features

  • Body Of Water: Suttons Bay
  • Exterior Features: Bay View, Patio, Covered Porch, Screened Porch
  • Foundation: Slab
  • Number Of Acres: 0.44
  • Road: Association, Blacktop
  • Roof: Asphalt
  • Water Features: All Sports, Water View, Great Lake, Public Lake, Bay View
  • Waterfront Frontage: 700

Garage/Parking

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

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: On Level: Main Floor, Flooring: Vinyl
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Lawn Care
  • Association Fees: Monthly
  • Monthly Assn Dues: 320

Association/Amenities

  • Development Amenities: Clubhouse, Tennis Court, Pool, Common Area
  • Development Name: Bay View

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

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Site Condo
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

Rental Info

  • Rent Spree Y N: No

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
Aug 9, 2023
Closed on
Aug 31, 2023
Sold by
Lockwood Carol J
Bought by
Earhart Michael W and Earhart Stacey R
Seller's Agent
Jamie Jewell
Schaub Team Premier Realty
Buyer's Agent
Jamie Jewell
Schaub Team Premier Realty
List Price
$915,000
Sold Price
$950,000
Premium/Discount to List
$35,000
3.83%
Views
30
Current Estimated Value
$1,050,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,777
Avg. Annual Appreciation
4.92%

Purchase Details

Listed on
May 15, 2018
Closed on
Sep 7, 2018
Sold by
Keyes Carol A
Bought by
Lockwood Carol J
Seller's Agent
Judy Levin
Coldwell Banker Schmidt-S.Bay
Buyer's Agent
Judy Levin
Coldwell Banker Schmidt-S.Bay
List Price
$58,000
Sold Price
$46,000
Premium/Discount to List
-$12,000
-20.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.67%

Purchase Details

Listed on
Jun 14, 2017
Closed on
Aug 18, 2017
Sold by
Summer Village Llc
Bought by
Lockwood Carol J
Seller's Agent
Randy Hawley
REMAX Bayshore - Union St TC
Buyer's Agent
Randy Hawley
REMAX Bayshore - Union St TC
List Price
$45,000
Sold Price
$40,000
Premium/Discount to List
-$5,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.09%

Purchase Details

Closed on
Oct 17, 2005
Sold by
Suttons Pointe Development Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Earhart Michael W $950,000 --
Lockwood Carol J $46,000 --
Lockwood Carol J $40,000 --
-- $130,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $950,000 +3.8% $419 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $915,000 +1889.1% $403 / Sq Ft
09/10/2018 09/10/18 Sold $46,000 -20.7% -- View Prior Sale
09/10/2018 09/10/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $58,000 +45.0% --
08/18/2017 08/18/17 Sold $40,000 -11.1% -- View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $45,000 -- --
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 $16,765 $451,600 $0 $0
2024 $18,052 $437,380 $0 $0
2023 $5,741 $273,000 $0 $0
2022 $11,017 $252,300 $0 $0
2021 $4,774 $143,670 $0 $0
2020 $1,528 $38,950 $0 $0
2019 $1,097 $23,000 $0 $0
2018 -- $21,250 $0 $0
2017 -- $21,250 $0 $0
2016 -- $44,630 $0 $0
2015 -- $44,630 $0 $0
2014 -- $44,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1914341

Northern Great Lakes REALTORS® MLS

APN: 043-201-002-00