NOT LISTED FOR SALE

3505 E Gatzke Rd Cedar, MI 49621

Estimated Value: $640,688 - $682,000

2 Beds
1 Bath
1,650 Sq Ft
$400/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $358,000 $217 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,748/month

162 Days on Market

Highlights

  • Barn
  • Countryside Views
  • Contemporary Architecture
  • Greenhouse
  • Wood Burning Stove
  • Farm

About This Home

As of November 2018

This beautiful 6.55 acre farm and residence is truly a "hobby farmer's" dream or perfect vacation rental property. Located in the heart of Leelanau, minutes to the small town of Cedar, this contemporary and energy efficient home is nestled between clearing and forest, farmland and hillside. The house is less than 6 mi from Lake Michigan at Good Harbor Beach in the Sleeping Bear National Lake Shore and 15 mi from Traverse City. A woodland trail between the house and barn leads to views of the Cedar Valley and Sugarloaf Mountain. Built in 2009, this post+beam home showcases an open floor plan, cathedral ceilings, modern finishes, and a spacious loft with farmland view. Exterior finishes include cement board siding and a standing seam metal roof. There are 2 bedrooms, including loft, and 1 bathroom. In the kitchen, a professional range, large island, and resilient quartz counter-tops make this the ideal center for entertaining or family gatherings. Large south-facing windows visible from nearly every room in the house contribute to this home's energy efficient, passive solar design; beautiful & functional. Radiant floor heating powered by wood OR propane, gives the homeowner two cost-effective options for heating. The home also has a heat recovery ventilation system to ensure indoor air quality. Previously a Certified Organic farm ('09-13), this south-facing property features 3 large planting sites with a 5” agricultural well and 2” drip irrigation headers. The property includes a 1,300 sf stick built barn with large overhead door and cold storage room. A root cellar has been built into the adjacent grade and is excellent for winter food storage. There is a 600 sf greenhouse with propane heat, perfect for flower or vegetable starts. This versatile property is an excellent option for a small farm, vacation rental property (27K income, 2017), or personal residence. It is truly a hidden country oasis and will not disappoint! Also offered with adj. 15.83 acres, MLS1853396

Last Agent to Sell the Property

Carolyn Telgard

Coldwell Banker Schmidt-Leland License #6501408037 Listed on: 06/11/2018

Coldwell Banker Schmidt-Leland

Last Buyer's Agent

Carolyn Telgard

Coldwell Banker Schmidt-Leland License #6501408037 Listed on: 06/11/2018

Coldwell Banker Schmidt-Leland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,955

Year Built

  • Built in 2009

Lot Details

  • 6.55 Acre Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Garden
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Poured Concrete
  • Fire Rated Drywall
  • Frame Construction
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 1,650 Sq Ft Home
  • 1.5-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Wood Burning Stove
  • Drapes & Rods
  • Blinds
  • Great Room
  • Loft
  • Radiant Floor
  • Countryside Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Farming

  • Barn
  • Farm

Utilities

  • Programmable Thermostat
  • Well
  • Electric Water Heater
  • Satellite Dish

Additional Features

  • Heating system powered by passive solar
  • Greenhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,955

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Contemporary
  • Estimated Year Built: 2009
  • Construction: Frame, Timber Frame
  • Section Number: 29
  • Year Updated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 2009

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Washer, Dryer, Blinds, Drapes, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Cathedral Ceilings, Loft, Solid Surface Counters, Island Kitchen, Great Room, Beamed Ceilings, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 14'x21', On Level: Upper Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 13'9"x11', On Level: Main Floor, Flooring: Concrete
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 12'10"x11', On Level: Main Floor, Flooring: Concrete
  • Kitchen: Dimensions: 13'6"x15'6", On Level: Main Floor, Flooring: Concrete
  • Living Room: Dimensions: 14'x12'10", On Level: Main Floor, Flooring: Concrete
  • Estimated Above Ground Finished Sq Ft: 1650
  • Price Per Sq Ft: 216.97
  • Range: R 12W
  • Total Finished Sf Apx: 1650

Exterior Features

  • Additional Buildings: Barn(s), Greenhouse
  • Exterior Features: Countryside View, Garden Area
  • Exterior Finish: Cement Board
  • Foundation: Poured Concrete, Slab
  • Number Of Acres: 6.55
  • Road: Public Maintained, Blacktop
  • Roof: Metal

Garage/Parking

  • Driveway: Gravel, Dirt, Private

Utilities

  • Heating Cooling Types: Hot Water, Radiant Floor
  • Laundry: On Level: Main Floor, Flooring: Concrete
  • Sewer: Private Septic
  • Tv Service Internet Avail: Dish TV
  • Water: Private Well

Schools

  • School District: Glen Lake Community Schools

Lot Info

  • Land Features: Previously Farmed, Farm, Cleared, Wooded, Evergreens, Level, Sloping
  • Lot Dimensions: irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Agricultural

Green Features

  • Renewable: Passive Solar Heating, In-floor Radiant Heating, Programmable Thermostat

Tax Info

  • Taxable Value: 91436

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Nov 26, 2018
Sold by
Isadore Properties Llc
Bought by
Reyes Deborah
Seller's Agent
Carolyn Telgard
Coldwell Banker Schmidt-Leland
Buyer's Agent
Carolyn Telgard
Coldwell Banker Schmidt-Leland
List Price
$399,900
Sold Price
$358,000
Premium/Discount to List
-$41,900
-10.48%
Current Estimated Value
$659,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,896
Avg. Annual Appreciation
9.28%

Purchase Details

Listed on
Jul 17, 2014
Closed on
Sep 12, 2014
Sold by
Visser Matthew L and Visser Carissa
Seller's Agent
Peter Fisher
Coldwell Banker Schmidt-Glen A
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$399,000
Sold Price
$350,000
Premium/Discount to List
-$49,000
-12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%
Source: Public Records

Range of Values:

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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
Reyes Deborah $358,000 --
-- $280,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2018 11/27/18 Sold $358,000 -3.2% $217 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
09/06/2018 09/06/18 Price Changed $369,900 -2.6% $224 / Sq Ft
07/13/2018 07/13/18 Price Changed $379,900 -5.0% $230 / Sq Ft
06/11/2018 06/11/18 For Sale $399,900 +14.3% $242 / Sq Ft
09/15/2014 09/15/14 Sold $350,000 -12.3% $212 / Sq Ft View Prior Sale
09/01/2014 09/01/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $399,000 -- $242 / 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 $2,955 $278,800 $0 $0
2024 $1,654 $267,900 $0 $0
2023 $1,584 $186,900 $0 $0
2022 $2,748 $159,600 $0 $0
2021 $2,415 $159,900 $0 $0
2020 $2,471 $148,200 $0 $0
2019 $4,468 $139,000 $0 $0
2018 -- $98,900 $0 $0
2017 -- $99,400 $0 $0
2016 -- $95,400 $0 $0
2015 -- $91,700 $0 $0
2014 -- $87,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1848129

Northern Great Lakes REALTORS® MLS

APN: 002-029-008-21