NOT LISTED FOR SALE

2483 S Cherry Tree Ln Suttons Bay, MI 49682

Estimated Value: $481,453 - $614,000

0.51 Acre
$1,043,849 Price per Acre
22,216 Sq Ft Lot

Last Sold March 31, 2021

Last sale price $350,000

Est. 52% increase in value since last sale

Current estimated payment $3,257/month

32 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Deeded Waterfront Access Rights
  • Bay View
  • High Speed Internet

About This Lot

As of March 2021

These panoramic views of Grand Traverse Bay are a must-see. The photos do not do it justice! This perfect .5 acre build site already has the septic and well installed, and is just waiting for your vision. There is approximately a 60 ft+ bluff to the 110 ft of private frontage.

Last Agent to Sell the Property

Taylor Boyt

Key Realty One-TC License #6501408451 Listed on: 02/22/2021

Key Realty One-TC

Last Buyer's Agent

Ann Porter

REO-TCRandolph-233022

REO-TCRandolph-233022

Property Details

Property Type

  • Land

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 110 x 200
  • Private Waterfront
  • 110 Feet of Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views
  • Countryside Views

Location

  • Mineral Rights
  • Property is near a Great Lake

Utilities

  • Well
  • Private or Community Septic Tank
  • High Speed Internet
  • Phone Available

Community Details

Overview

  • Old Mission View Community

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Property is near a lake

Property Details

Property Type

Land

Lot Details

0.51 Acres

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 11W

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Bay View, Countryside View
  • Number Of Acres: 0.51
  • Road: Private Owned
  • Water Features: Priv Frontage (Wtr Side), Water View, All Sports, Sandy Bottom, Bluff (greater Than 10ft), Vegetation To Water Edge, Great Lake, Public Lake, Sandy Shoreline, Bay View
  • Waterfront Frontage: 110

Utilities

  • Utilities Available: Electric, Cable Internet, Natural Gas, Telephone
  • Waste Available: Private Septic
  • Waste Installed: Private Septic
  • Water Available: Private Well
  • Water Installed: Private Well

Association/Amenities

  • Development Name: Old Mission View

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Rolling, Hardwoods, Cleared, Evergreens, Bluff Site
  • Lot Dimensions: 110 x 200
  • Mineral Rights: To Pass With Title, Unknown
  • Zoning Use Restrictions: Residential, Platted Subdivision
  • Percent Open: 90

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 26, 2021
Sold by
Fisher Robert W
Bought by
Cappel Michael and Cappel Megan
Seller's Agent
Taylor Boyt
Key Realty One-TC
Buyer's Agent
Ann Porter
REO-TCRandolph-233022
List Price
$300,000
Sold Price
$350,000
Premium/Discount to List
$50,000
16.67%
Current Estimated Value
$532,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,363
Avg. Annual Appreciation
8.97%

Purchase Details

Listed on
Mar 20, 2012
Closed on
Sep 25, 2012
Sold by
Harshman Harshman R and Harshman Letha
Bought by
Fisher Robert W and Fisher Allison L
Seller's Agent
Bob Brick
REMAX Bayshore - West Shore Dr TC
Buyer's Agent
Rick Stein
REMAX Bayshore - Union St TC
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cappel Michael $350,000 --
Fisher Robert W $155,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $350,000 +16.7% --
02/22/2021 02/22/21 For Sale $300,000 +93.5% --
09/27/2012 09/27/12 Sold $155,000 -3.1% -- View Prior Sale
07/31/2012 07/31/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $159,900 -- --
Source: Northern Great Lakes REALTORS® MLS

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 $6,178 $187,900 $0 $0
2024 $53 $187,700 $0 $0
2023 $5,037 $183,900 $0 $0
2022 $5,524 $149,200 $0 $0
2020 $2,693 $116,000 $0 $0
2019 $2,548 $115,100 $0 $0
2018 -- $115,600 $0 $0
2017 -- $114,200 $0 $0
2016 -- $108,600 $0 $0
2015 -- $97,900 $0 $0
2014 -- $80,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1884372

Northern Great Lakes REALTORS® MLS

APN: 001-660-012-00

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