NOT LISTED FOR SALE

3185 S Lee Point Rd Suttons Bay, MI 49682

Estimated Value: $1,513,000 - $2,081,368

0.68 Acre
$2,564,887 Price per Acre
29,621 Sq Ft Lot

Last Sold February 03, 2014

Last sale price $167,500

Est. 941% increase in value since last sale

Current estimated payment $10,242/month

133 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Bay View
  • Deeded Waterfront Access Rights
  • Home fronts a creek
  • Bluff on Lot

About This Lot

As of February 2014

The unparalleled natural beauty of this wooded parcel with 160' of private, Grand Traverse West Bay frontage is certainly one of the most desirable properties in the region. The serene setting is abundant with hardwoods, cedar, pines, sandy frontage & expansive water views. Located on the beautiful Leelanau Peninsula approximately 3.5 miles from Suttons Bay and 12 miles to Traverse City. Enjoy the best northern Michigan has to offer and make this the site of your future year-round home or vacation retreat.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 09/18/2013

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Jim Wright

America's Carpet Barn

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,866

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 160x169x179x168
  • Home fronts a creek
  • Private Waterfront
  • 160 Feet of Waterfront
  • Property fronts an easement
  • Sandy Beach
  • Bluff on Lot
  • Level Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay Views

Utilities

  • Underground Utilities
  • Well
  • Phone Available
  • Cable TV Available

Community Details

  • Water Sports
  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$8,866

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Private
  • Section Number: 11
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 246323.53
  • Range: R 11W

Exterior Features

  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Bay View
  • Number Of Acres: 0.68
  • Road: Public Maintained, Easement
  • Water Features: Priv Frontage (Wtr Side), Creek, All Sports, Rocky Shoreline, Sandy Bottom, Bluff (less Than 10ft), Vegetation To Water Edge, Sandy Shoreline
  • Waterfront Frontage: 160

Utilities

  • Utilities Available: Cable Tv, Electric, Natural Gas, Telephone, Underground Electric
  • Waste Available: Unknown
  • Water Available: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Rolling, Some Lowland Areas, Hardwoods
  • Lot Dimensions: 160x169x179x168
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Metes And Bounds

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2013
Closed on
Jan 30, 2014
Sold by
Princeton Junior School Inc
Bought by
Darga Nicholas J
Seller's Agent
Mark Hagan
Coldwell Banker Schmidt Traver
Buyer's Agent
Jim Wright
America's Carpet Barn
List Price
$224,900
Sold Price
$167,500
Premium/Discount to List
-$57,400
-25.52%
Current Estimated Value
$1,744,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,576,623
Avg. Annual Appreciation
22.96%
Source: Public Records

Range of Values:

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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
Darga Nicholas J $167,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2014 02/03/14 Sold $167,500 -25.5% --
01/29/2014 01/29/14 Pending -- -- --
09/18/2013 09/18/13 For Sale $224,900 -- --
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 $8,866 $877,500 $0 $0
2024 $6,410 $870,800 $0 $0
2023 $6,091 $602,200 $0 $0
2022 $8,015 $526,400 $0 $0
2021 $7,755 $497,900 $0 $0
2020 $7,755 $497,200 $0 $0
2019 $7,095 $453,300 $0 $0
2018 -- $408,200 $0 $0
2017 -- $394,300 $0 $0
2016 -- $369,900 $0 $0
2015 -- $268,400 $0 $0
2014 -- $146,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1776471

Northern Great Lakes REALTORS® MLS

APN: 001-011-011-00