NOT LISTED FOR SALE

4055 S Thornapple Hollow Suttons Bay, MI 49682

Estimated Value: $965,547 - $1,552,000

8 Beds
4 Baths
5,508 Sq Ft
$210/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $395,000 $72 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $6,995/month

55 Days on Market

Highlights

  • Home Performance with ENERGY STAR
  • Ranch Style House
  • ENERGY STAR Qualified Appliances
  • Deck
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of June 2013

Looking for a place to live and an investment, or just an investment? Here are 3 duplexes, 6 units to rent, approx. 6.5 miles from Traverse City on 4.99 acres. The real estate market is flooded with renters. Rent runs between $800-1025 a month. The units were redone, roofs, porches, walls, all flooring, light fixtures, some appliances etc. The owners occupy 1 unit, but renters pay for the rest. 2 units are furnished. All units have full basements. A GREAT DEVELOPMENT IN BEAUTIFUL LEELANAU CO. Must set up an apt., all occupied. Call listing agent.

Last Listed By

Karen Schmidt

Coldwell Banker Schmidt Traver License #6501234844 Listed on: 04/30/2013

Coldwell Banker Schmidt Traver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,763

Year Built

  • Built in 1978

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 375 x 638 x 295 x806
  • The community has rules related to zoning restrictions

Home Design

  • Duplex
  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 5,508 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • ENERGY STAR Qualified Appliances

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well
  • Well
  • Cable TV Available

Additional Features

  • Home Performance with ENERGY STAR
  • Deck

Community Details

  • 6 Units

Listing and Financial Details

  • Rent includes liability insurance, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,763

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (Side X Side)
  • Style: Ranch, 1 Story
  • Estimated Year Built: 1978
  • Construction: Timber Frame
  • Section Number: 16
  • Year Updated: 2012
  • Percent Of Remodel: 80
  • Year Renovated: 2012
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1978

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave
  • Price Per Sq Ft: 71.71
  • Range: R 11W
  • Total Finished Sf Apx: 5508

Exterior Features

  • Exterior Features: Deck
  • Exterior Finish: Wood
  • Foundation: Full, Block
  • Number Of Acres: 5
  • Road: Public Maintained
  • Roof: Asphalt

Utilities

  • Sewer: Other, Private Septic
  • Tv Service Internet Avail: Cable Tv
  • Water: Private Well, Shared Well
  • Heating Cooling Type: Forced Air

Schools

  • School District: Suttons Bay Public Schools

Green Features

  • Energy Efficient: Energy Star Appliances

Lot Info

  • Lot Number: 1,2,3
  • Lot Dimensions: 375 x 638 x 295 x806
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Multi-Family

Rental Info

  • Included In Lease: Liability Insurance, Snow Removal

Tax Info

  • Total Taxes: 7763

Multi Family

  • Water Conservation: Low-Flow Toilets
  • Total Number Units: 6

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jun 27, 2013
Sold by
Easling Benjamin D
Seller's Agent
Karen Schmidt
Coldwell Banker Schmidt Traver
Buyer's Agent
Carole Higgins
Cygnus Real Estate
List Price
$395,000
Sold Price
$395,000
Total Days on Market
55
Current Estimated Value
$1,155,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$760,887
Avg. Annual Appreciation
8.96%

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
-- $395,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $395,000 0.0% $72 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $395,000 +296.0% $72 / Sq Ft
04/11/2012 04/11/12 Sold $99,750 -43.0% $134 / Sq Ft
03/30/2012 03/30/12 Pending -- -- --
11/04/2011 11/04/11 For Sale $175,000 -- $235 / 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
2024 $7,032 $388,500 $0 $0
2023 $6,690 $347,100 $0 $0
2022 $7,424 $290,500 $0 $0
2021 $7,228 $261,200 $0 $0
2020 $7,228 $238,200 $0 $0
2019 $6,845 $231,700 $0 $0
2018 -- $214,700 $0 $0
2017 -- $209,700 $0 $0
2016 -- $185,200 $0 $0
2015 -- $183,400 $0 $0
2014 -- $172,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Schmidt

    Seller's Agent in 2013

    Karen Schmidt

    Coldwell Banker Schmidt Traver

    (231) 218-4463

    143 Total Sales

    Karen Schmidt
    Section Image
  • Carole Higgins

    Buyer's Agent in 2013

    Carole Higgins

    Cygnus Real Estate

    (231) 633-2577

    22 Total Sales

    Carole Higgins
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1744675

Northern Great Lakes REALTORS® MLS

APN: 001-016-003-40

Michigan Leelanau County Suttons Bay 49682

4055 S Thornapple Hollow, Suttons Bay, MI

Homes for Sale in Suttons Bay, MI

This home is located at 4055 S Thornapple Hollow, Suttons Bay, MI 49682 since 30 April 2013 and is currently estimated at $1,155,887, approximately $209 per square foot. This property was built in 1978. 4055 S Thornapple Hollow is a home located in Leelanau County with nearby schools including Suttons Bay Elementary School and Suttons Bay Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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