NOT LISTED FOR SALE

2466 S Cherry Tree Ln Suttons Bay, MI 49682

Estimated Value: $902,000 - $1,602,000

4 Beds
5 Baths
4,315 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $1,000,000 $232 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,225/month

65 Days on Market

Highlights

  • Guest House
  • Bay View
  • Wooded Lot
  • Second Garage
  • Tiered Deck
  • Cathedral Ceiling

About This Home

As of August 2023

Enjoy lovely Bay views and countryside farm views from this tranquil Suttons Bay hilltop home! With 4,315 finished sq ft this spacious 4 bedroom, 5 bath house can accommodate your growing needs and offers a harmonious blend of comfort, elegance, and serenity! Make sure to check out the fully equipped 768 square feet detached apartment offering a versatile space for a short-term rental income or as a separate private location for hosting family and friends. Step inside the main house to discover a home filled with charm and character. The large chef’s dream kitchen showcases elegant granite countertops and provides the perfect setting for culinary creations and social gatherings. Brazilian cherry hardwood floors adorn the main floor kitchen, dining room, and master bedroom suite, creating a warm and sophisticated ambiance throughout. Appreciate the vistas from the comfort of the numerous decks and patios surrounding the house, offering idyllic spaces for entertaining large groups with evening sunset beverages, or simply a place to savor peaceful sips of morning coffee. The spacious main floor master bedroom suite features a large glass and tile shower, jet tub, and a custom built-in closet. Cozy up by the wood-burning fireplace in the living room on chilly evenings, while the lower level walkout family room also features a wood-burning stove, wet bar, and abundant room for family gatherings. The property also boasts an additional 660 sq ft lower barn with a heated workshop perfect for pursuing hobbies or storing equipment and a 3-car detached garage with adjacent storage shed (4th garage door) that provides ample room for vehicles and outdoor essentials. Wonderful quiet location on a slow dead-end private road just 20 minutes to Traverse City! This beloved home has been cherished by the same family for 43 years, a testament to its enduring appeal and the lasting memories it holds. Don't miss this opportunity to make it your own!

Last Listed By

Jonathan Oltersdorf

OLTERSDORF REALTY, LLC License #6501319192 Listed on: 06/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,791

Year Built

  • Built in 1977

Lot Details

  • 0.55 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Cleared Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,315 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Blinds
  • Mud Room
  • Workshop

Kitchen

  • Oven or Range
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Parking

  • 3 Car Detached Garage
  • Second Garage
  • Garage Door Opener
  • Private Driveway

Outdoor Features

  • Tiered Deck
  • Rain Gutters

Additional Homes

  • Guest House

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Multiple Heating Units
  • Well
  • Natural Gas Water Heater
  • Water Heated On Demand
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Old Mission View Subdivision Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,791

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, In-Law Suite or Apartment
  • Estimated Year Built: 1977
  • Construction: Frame
  • Section Number: 2
  • Year Updated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1977

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Cook Top, Blinds, Ceiling Fan, Natural Gas Water Heater, On Demand Water Heater
  • Interior Amenities: Jetted Tub, Cathedral Ceilings, Granite Bath Tops, Granite Kitchen Tops, Mud Room, Workshop
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 19.4x11.8, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 15.6x11.5, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.8x11.6, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 4: Dimensions: 17.6x11.5, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 5
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 2
  • Number of Three Quarter Bathrooms: 3
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 19.4x13.9, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 38.6x14.6, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 15.6x10.2, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 17.4x15.7, On Level: Main Floor, Flooring: Carpet
  • Other Room: Dimensions: 16.8x11.4, On Level: Upper Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 3121
  • Estimated Below Grade Finished Sq Ft: 1194
  • Estimated Below Grade Unfinished Sq Ft: 106
  • Price Per Sq Ft: 231.75
  • Range: R 11W
  • Total Finished Sf Apx: 4315

Exterior Features

  • Additional Buildings: Guest House, Workshop, Secondary Garage(s)
  • Exterior Features: Bay View, Sprinkler System, Deck, Multi-Level Decking, Countryside View, Landscaped, Gutters
  • Exterior Finish: Stone, Wood
  • Foundation: Full, Walkout, Crawl Space, Block, Finished Rooms
  • Number Of Acres: 0.55
  • Road: Gravel, Shared, Association, Rd Maintenance Agreement
  • Roof: Asphalt
  • Water Features: Water View, Bay View

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 3
  • Primary Garage: Detached, Door Opener, Paved Driveway, Concrete Floors

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Wood, Stove
  • Heating Cooling Types: Forced Air, Central Air, Humidifier
  • Laundry: Dimensions: 8.7x6.6, On Level: Main Floor, Flooring: Wood
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Amenities: Pets Allowed
  • Development Name: Old Mission View Subdivision

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Lot Number: 32
  • Land Features: Corner Lot, Cleared, Wooded, Level, Sloping
  • Lot Dimensions: Irregular, see plat
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential, Rental History, Outbuildings Allowed

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 30, 2023
Sold by
Baumann Warren A
Bought by
Fesler Jeffrey and Fesler Cristin
Seller's Agent
Jonathan Oltersdorf
OLTERSDORF REALTY, LLC
Buyer's Agent
Kara Emerich
CENTURY 21 Northland
List Price
$1,080,000
Sold Price
$1,000,000
Premium/Discount to List
-$80,000
-7.41%
Total Days on Market
65
Views
118
Current Estimated Value
$1,231,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,199
Avg. Annual Appreciation
13.18%

Range of Values:

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List 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
Fesler Jeffrey $1,000,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $1,000,000 -7.4% $232 / Sq Ft
06/21/2023 06/21/23 For Sale $1,080,000 -- $250 / 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
2024 $4,791 $337,700 $0 $0
2023 $2,607 $299,400 $0 $0
2022 $3,374 $240,400 $0 $0
2021 $2,996 $222,700 $0 $0
2020 $2,996 $220,900 $0 $0
2019 $2,743 $214,200 $0 $0
2018 -- $179,500 $0 $0
2017 -- $181,100 $0 $0
2016 -- $171,700 $0 $0
2015 -- $166,900 $0 $0
2014 -- $124,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1912483

Northern Great Lakes REALTORS® MLS

APN: 001-660-032-00