NOT LISTED FOR SALE

2661 S Cherry Tree Ln Suttons Bay, MI 49682

Estimated Value: $896,000 - $1,099,000

3 Beds
2 Baths
1,499 Sq Ft
$681/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $382,500 $255 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $6,543/month

126 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Bluff on Lot
  • Deeded Waterfront Access Rights
  • Bay View
  • Chalet

About This Home

As of May 2017

Enjoy Northern Michigan living with supreme privacy and breathtaking views from this waterfront home perched on a double lot. This Lindal Cedar home features beamed ceilings, fireplace, master suite, full walk out basement and a large deck to enjoy the views. The landscaped yard is partially fenced, irrigated and level. The detached garage has an extra space with a tall door for RV or boat parking. Just minutes to all the excitement of Traverse City and Suttons Bay perfect for year-round living or a weekend getaway!

Last Agent to Sell the Property

Karly Wentzloff

REO-TCRandolph-233022 License #6501366693 Listed on: 11/25/2016

REO-TCRandolph-233022

Last Buyer's Agent

Danielle Jerome

Coldwell Banker Schmidt Traver License #6501377986

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,591

Year Built

  • Built in 1979

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 200x373
  • Private Waterfront
  • 200 Feet of Waterfront
  • Sandy Beach
  • Kennel or Dog Run
  • Fenced Yard
  • Bluff on Lot
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Garden
  • The community has rules related to zoning restrictions

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Chalet
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,499 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Great Room
  • Workshop
  • Bay Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 3 Car Detached Garage
  • Private Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Tiered Deck
  • Rain Gutters

Location

  • Property is near a Great Lake

Utilities

  • Baseboard Heating
  • Well
  • Natural Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Old Mission View Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,591

Year Built

Built in 1979

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Chalet, 1 Story
  • Estimated Year Built: 1979
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 2
  • Year Updated: 2011
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1979

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Natural Gas Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Foyer Entrance, Great Room, Workshop, Beamed Ceilings, Drywall
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 15x11.1, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 12x10, On Level: Main Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 15x9, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 2
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: 11x10.5, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 12x11.3, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 17.5x13, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1499
  • Estimated Below Grade Unfinished Sq Ft: 1499
  • Price Per Sq Ft: 255.17
  • Range: R 11W
  • Total Finished Sf Apx: 1499

Exterior Features

  • Body Of Water: West Bay
  • Exterior Features: Bay View, Sprinkler System, Deck, Multi-Level Decking, Sidewalk, Fenced Yard, Landscaped, Garden Area, Gutters, Dog Pen
  • Exterior Finish: Wood
  • Foundation: Full, Walkout, Block, Unfinished, Entrance Inside
  • Number Of Acres: 1.03
  • Road: Gravel, Association, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), All Sports, Water View, Bluff (greater than 10ft), Great Lake, Sandy Shoreline
  • Waterfront Frontage: 200

Garage/Parking

  • Driveway: Blacktop, Private
  • Garage Capacity: 3
  • Primary Garage: Detached

Utilities

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

Condo/Co-op/Association

  • Annual Association Fees: 150

Association/Amenities

  • Development Name: Old Mission View

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level
  • Lot Dimensions: 200x373
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Unknown

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2016
Closed on
Apr 28, 2017
Sold by
Beers Chad L
Bought by
Britton Driver C and Driver Gretchen
Seller's Agent
Karly Wentzloff
REO-TCRandolph-233022
Buyer's Agent
Danielle Jerome
Coldwell Banker Schmidt Traver
List Price
$400,000
Sold Price
$382,500
Premium/Discount to List
-$17,500
-4.38%
Current Estimated Value
$1,021,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,834
Avg. Annual Appreciation
13.75%

Purchase Details

Closed on
Nov 4, 2011
Sold by
Glover Marion
Bought by
Beers Chad L
Source: Public Records

Range of Values:

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Average Value
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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
Britton Driver C $382,500 --
Beers Chad L $283,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2017 05/01/17 Sold $382,500 -4.4% $255 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
11/25/2016 11/25/16 For Sale $400,000 -- $267 / 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 $11,591 $437,500 $0 $0
2024 $9,908 $435,100 $0 $0
2023 $9,427 $416,200 $0 $0
2022 $10,367 $334,500 $0 $0
2021 $10,091 $276,200 $0 $0
2020 $10,091 $274,200 $0 $0
2019 $9,551 $261,600 $0 $0
2018 -- $260,600 $0 $0
2017 -- $258,200 $0 $0
2016 -- $246,900 $0 $0
2015 -- $231,200 $0 $0
2014 -- $199,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1825705

Northern Great Lakes REALTORS® MLS

APN: 001-660-025-00