$99,750
SOLD APR 11, 2012

4055 S Thornapple Hollow Suttons Bay, MI 49682

2 Beds
1 Bath
744 Sq Ft
5 Acres

Recently Sold

$134 Per Sq Ft

43% Below List Price

147 Days on Market

Highlights

  • Countryside Views
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2013

2 bedroom 1 bath apartments in Leelanau County. 6 units total. Buildings are single story with two units per building (side-by-side) with basements. Property needs updating inside and out, although setting is very nice. Location is private, wooded, and borders rolling farmland. Excellent project for builder or investor with vision to see potential.

Last Agent to Sell the Property

Karen Schmidt

Coldwell Banker Schmidt Traver License #6501234844 Listed on: 11/04/2011

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Karen Schmidt

Coldwell Banker Schmidt Traver License #6501234844 Listed on: 11/04/2011

Coldwell Banker Schmidt Traver

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,295

Year Built

  • Built in 1974

Lot Details

  • 5 Acre Lot
  • The community has rules related to zoning restrictions

Parking

  • Paved Parking

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 744 Sq Ft Home
  • 1-Story Property
  • Countryside Views
  • Basement Fills Entire Space Under The House
  • Oven or Range

Utilities

  • Forced Air Heating and Cooling System
  • Shared Well

Community Details

  • 6 Units

Listing and Financial Details

  • Rent includes liability insurance, exterior maintenance, snow removal, management fee, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,295

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Multi-Family
  • Property Type: Duplex (Side X Side), 2 Residences / 1 Lot
  • Style: 1 Story
  • Estimated Year Built: 1974
  • Construction: Timber Frame
  • Section Number: 9
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1974

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range
  • Price Per Sq Ft: 134.07
  • Total Finished Sf Apx: 744

Exterior Features

  • Exterior Features: Countryside View
  • Exterior Finish: Aluminum Siding
  • Foundation: Full, Block
  • Number Of Acres: 5
  • Roof: Asphalt

Garage/Parking

  • Primary Garage: Paved Driveway

Utilities

  • Sewer: Private Septic
  • Water: Shared Well
  • Heating Cooling Type: Forced Air

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Lot Dimensions: irregular
  • Zoning Use Restrictions: Multi-Family

Rental Info

  • Included In Lease: Liability Insurance, Exterior Maintenance, Snow Removal, Management Fee, Water

Multi Family

  • 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
Current Estimated Value
$1,161,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$766,547
Avg. Annual Appreciation
9.24%
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 Type Sale Price Title Company
Deed $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
2025 $8,295 $413,900 $0 $0
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

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1731537

Northern Great Lakes REALTORS® MLS

APN: 001-016-003-40