NOT LISTED FOR SALE

2510 E Cherry Ln Cedar, MI 49621

Estimated Value: $452,685 - $492,000

3 Beds
2 Baths
1,536 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 30, 2025

Last sale price $482,000 $314 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,928/month

3 Days on Market

Highlights

  • Bay View
  • Deck
  • Vaulted Ceiling
  • Chalet
  • Wooded Lot
  • Loft

About This Home

As of June 2025

Whether an income earning asset, or your own slice of heaven, this house has you covered! Currently used as a vacation rental, this property is being sold fully furnished and with many summer bookings. Smart updates, newer mechanicals, and a property management company that handles everything, allows this to be a completely turnkey business. Located in the heart of Leelanau county means you’re a short drive from some of the best amenities including Sleeping Bear Dunes, Fish Town, beaches, wineries, trails, and Traverse City. This keeps the demand high, and commute easy. Get the house that pays you back and see it today!

Last Agent to Sell the Property

Josh Bareman

REMAX Bayshore - Union St TC License #6501388858 Listed on: 06/02/2025

REMAX Bayshore - Union St TC

Last Buyer's Agent

Non Member Office

NON-MLS MEMBER OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 60x200
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,536 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Great Room
  • Loft
  • Bay Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Sugar Loaf Chalets #3 Community

Amenities

  • Common Area

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bi-Level, Chalet
  • Estimated Year Built: 1973
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1973

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Electric Water Heater
  • Interior Amenities: Foyer Entrance, Loft, Great Room, Vaulted Ceilings
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 10x12
  • Bedroom 2: Dimensions: 10x11
  • Bedroom 3: Dimensions: 11x12
  • Total Bathrooms: 2
  • Primary Bathroom: Shared
  • Number of Lower Level Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12x10
  • Living Room: Dimensions: 17x14
  • Range: R 12W
  • Total Finished Sf Apx: 1536

Exterior Features

  • Exterior Features: Bay View, Deck
  • Exterior Finish: Wood
  • Foundation: Block, Egress Windows, Full Finished
  • Number Of Acres: 0.32
  • Road: Public Maintained, Association, Blacktop
  • Roof: Asphalt, Wood

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 1
  • Primary Garage: Attached, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Lower Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 100
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Sugar Loaf Chalets #3

Lot Info

  • Land Features: Wooded-Hardwoods, Wooded
  • Lot Dimensions: 60x200
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision, Metes and Bounds
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 5, 2022
Sold by
Sullivan Thomas J
Bought by
Mora Marc and Mora Alissa
Seller's Agent
T. J. Shimek
The Mitten Real Estate Group
List Price
$369,900
Sold Price
$375,000
Premium/Discount to List
$5,100
1.38%
Views
1
Current Estimated Value
$470,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,671
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Oct 30, 2006
Sold by
Smith Jonathan K
Bought by
Sullivan Thomas J and Sullivan Pamela M
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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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
Mora Marc $375,000 --
Sullivan Thomas J $162,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2025 06/30/25 Sold $482,000 +7.3% $314 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
06/02/2025 06/02/25 For Sale $449,000 +19.7% $292 / Sq Ft
08/05/2022 08/05/22 Sold $375,000 +1.4% $244 / Sq Ft View Prior Sale
08/04/2022 08/04/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $369,900 -- $241 / 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 $5,409 $215,700 $0 $0
2024 $4,480 $199,800 $0 $0
2023 $4,278 $162,000 $0 $0
2022 $1,803 $72,000 $0 $0
2021 $1,555 $64,300 $0 $0
2020 $1,540 $62,000 $0 $0
2019 $1,473 $49,600 $0 $0
2018 -- $60,200 $0 $0
2017 -- $60,600 $0 $0
2016 -- $51,300 $0 $0
2015 -- $54,900 $0 $0
2014 -- $50,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Josh Bareman

    RE/MAX Michigan

    (616) 834-2037

    17 Total Sales

    Josh Bareman
    Section Image

  • N

    Buyer's Agent in 2025

    Non Member Office

    NON-MLS MEMBER OFFICE

  • T. J. Shimek

    Seller's Agent in 2022

    T. J. Shimek

    The Mitten Real Estate Group

    (231) 645-1351

    461 Total Sales

    T. J. Shimek
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1934586

Northern Great Lakes REALTORS® MLS

APN: 002-450-146-00

Michigan Leelanau County Cedar 49621

2510 E Cherry Ln, 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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