NOT LISTED FOR SALE

3991 S Lake Shore Dr Cedar, MI 49621

Estimated Value: $331,000 - $472,000

2 Beds
1 Bath
925 Sq Ft
$456/Sq Ft Est. Value

Last Sold August 05, 2019

Last sale price $185,500 $201 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,326/month

64 Days on Market

Highlights

  • Home fronts a creek
  • Mud Room
  • Den
  • Countryside Views
  • Cottage
  • 2 Car Attached Garage

About This Home

As of August 2019

This storybook cottage in beautiful Leelanau County is a countryside dream. Charming in every way, this 1950's home has been carefully transformed into a perfect year-round, up-north residence or short-term rental. Renovated in 2003 and updated in 2014, this home has 2 bedrooms and 1 bathroom, a small studio, combination living room and dining room, eat-in kitchen, pantry+laundry, and 2-car attached garage. Perfectly petite and 'just as much as you'd ever need,' this cute little home has been beautifully styled and is well maintained. This residence sits on a lush, grassy parcel close to the Village of Lake Leelanau and is just 600 feet from Centerville Park and boat launch on lovely South Lake Leelanau. A swift creek traverses the southern portion of the property, adding character and life to this wonderful location. Enjoy dinner on your private, backyard patio, or drift away in the shade on your hammock. Whichever you choose, this sweet cottage will have you slowing down to enjoy the small things. ------This property has most recently been used as an investment property and short-term rental. It is advertised on Airbnb, and has been partially booked for 2019 summer visitors. The seller would like to honor all current bookings, but intends to transfer any bookings that may occur AFTER CLOSING to the buyer.

Last Agent to Sell the Property

Carolyn Telgard

Coldwell Banker Schmidt-Leland License #6501408037 Listed on: 05/20/2019

Coldwell Banker Schmidt-Leland

Last Buyer's Agent

MEMBER NON

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,940

Year Built

  • Built in 1950

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 127x127
  • Home fronts a creek
  • Level Lot
  • Cleared Lot
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Bungalow
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Mud Room
  • Entrance Foyer
  • Den
  • Countryside Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,940

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Bungalow, Cottage, 1 Story
  • Estimated Year Built: 1950
  • Construction: Frame
  • Section Number: 11
  • Year Updated: 2014
  • Year Renovated: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1950

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Washer, Dryer
  • Interior Amenities: Foyer Entrance, Mud Room, Den/Study, Drywall, Paneling
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 11.6x10.3, On Level: Main Floor, Flooring: Laminate
  • Bedroom 2: Dimensions: 11.6x9.6, On Level: Main Floor, Flooring: Laminate
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 15.4x12, On Level: Main Floor, Flooring: Laminate
  • Living Room: Dimensions: 19.5x11, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 925
  • Price Per Sq Ft: 200.54
  • Range: R 12W
  • Total Finished Sf Apx: 925

Exterior Features

  • Exterior Features: Patio, Countryside View
  • Exterior Finish: Wood, Shingle
  • Foundation: Crawl Space, Slab
  • Number Of Acres: 0.37
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Creek

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Stove
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor
  • Sewer: Holding Tank/Pump & Haul
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Leland Public School District

Lot Info

  • Land Features: Cleared, Level
  • Lot Dimensions: 127x127
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: 1205.53
  • Winter Taxes: 155.35
  • Year Summer: 2017
  • Year Winter: 2017

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 5, 2019
Sold by
Spencer Penny J
Bought by
Fulton Francelle E and Fulton Maura
Seller's Agent
Carolyn Telgard
Coldwell Banker Schmidt-Leland
Buyer's Agent
MEMBER NON
NON MEMBER
List Price
$189,000
Sold Price
$185,500
Premium/Discount to List
-$3,500
-1.85%
Current Estimated Value
$380,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,530
Avg. Annual Appreciation
12.63%

Purchase Details

Listed on
Mar 1, 2017
Closed on
Apr 10, 2017
Sold by
Jeremy Hogue and Jeremy Nancy
Bought by
Spencer Penny J
Seller's Agent
Marilyn Taylor
EXIT Northern Shores-TC
Buyer's Agent
Marilyn Taylor
EXIT Northern Shores-TC
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Listed on
Feb 13, 2012
Closed on
Jul 19, 2013
Sold by
Schmaltz Christopher Spencer
Bought by
Brinkman James P and Brinkman Vicki L
Seller's Agent
Jeanne Foglesong
Coldwell Banker Schmidt Traver
Buyer's Agent
Jeanne Foglesong
Coldwell Banker Schmidt Traver
List Price
$100,000
Sold Price
$86,000
Premium/Discount to List
-$14,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%
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
Fulton Francelle E $185,500 --
Spencer Penny J $150,000 --
Brinkman James P $86,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2019 08/05/19 Sold $185,500 -1.9% $201 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $189,000 +26.0% $204 / Sq Ft
04/10/2017 04/10/17 Sold $150,000 0.0% $162 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $150,000 +51.5% $162 / Sq Ft
02/26/2016 02/26/16 Sold $99,000 -20.7% $107 / Sq Ft
01/27/2016 01/27/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $124,900 +45.2% $135 / Sq Ft
07/22/2013 07/22/13 Sold $86,000 -14.0% $93 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
02/13/2012 02/13/12 For Sale $100,000 -- $108 / 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 $2,940 $170,600 $0 $0
2024 $2,500 $136,900 $0 $0
2023 $2,387 $99,000 $0 $0
2022 $2,676 $90,600 $0 $0
2021 $2,539 $91,300 $0 $0
2020 $2,515 $82,200 $0 $0
2019 $1,971 $69,100 $0 $0
2018 -- $64,400 $0 $0
2017 -- $46,800 $0 $0
2016 -- $50,700 $0 $0
2015 -- $41,700 $0 $0
2014 -- $43,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1861248

Northern Great Lakes REALTORS® MLS

APN: 002-011-012-00