NOT LISTED FOR SALE

409 S Lake St Leland, MI 49654

Leland Neighborhood

Estimated Value: $647,000 - $748,628

2 Beds
1 Bath
909 Sq Ft
$760/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $610,000 $671 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,853/month

3 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Sandy Beach
  • Mud Room
  • 60 Feet of Waterfront
  • Great Room
  • Cottage

About This Home

As of May 2022

1 block from Lake Michigan, 1 block from coffee, 4 blocks from the restaurant district in Leland. This charming 2 bedroom, 1 bathroom house is the quintessential Leland cottage. Get a piece of Leland history, access to water, and an unbeatable location! This is your chance to get a home in downtown Leland with water access! All offers must be in by 3:00pm, Sunday, May 8th.

Last Agent to Sell the Property

John Watkins

REO-LelandTraverse City-233024 License #6501383935 Listed on: 05/05/2022

REO-LelandTraverse City-233024

Co-Listed By

Caitlin Watkins

REO-LelandTraverse City-233024 License #6501421116

Last Buyer's Agent

John Watkins

REO-LelandTraverse City-233024 License #6501383935 Listed on: 05/05/2022

REO-LelandTraverse City-233024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1930

Lot Details

  • 3,920 Sq Ft Lot
  • 60 Feet of Waterfront
  • Sandy Beach
  • Level Lot
  • Cleared Lot
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 909 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Drapes & Rods
  • Blinds
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Patio
  • Rain Gutters

Location

  • Property is near a Great Lake

Schools

  • Leland Public Elementary And Middle School
  • Leland Public High School

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,981

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1930
  • Construction: Frame
  • Private Shared: Shared
  • Section Number: 9
  • Year Renovated: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1930

Interior Features

  • Appliances Equipment: Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Blinds, Drapes, Curtain Rods, Electric Water Heater, Smoke Alarms(s)
  • Interior Amenities: Foyer Entrance, Pantry, Island Kitchen, Mud Room, Great Room, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 8.9x8.6, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 8.8x9.8, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 1
  • Primary Bathroom: Shared
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Family Room: Dimensions: 13.6x14.25, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 11.75x12, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 11.8x14.8, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 7.2x5.6, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 909
  • Estimated Below Grade Unfinished Sq Ft: 641
  • Price Per Sq Ft: 671.07
  • Range: R 12W
  • Total Finished Sf Apx: 909

Exterior Features

  • Body Of Water: Lake Michigan
  • Exterior Features: Patio, Garden Area, Gutters
  • Exterior Finish: Shingle
  • Foundation: Full, Block, Entrance Outside, Unfinished
  • Number Of Acres: 0.09
  • Road: Public Maintained, Blacktop
  • Roof: Asphalt
  • Water Features: Deeded Easement, Great Lake, Sandy Shoreline
  • Waterfront Frontage: 60

Utilities

  • Fireplaces And Stoves: Gas
  • Heating Cooling Types: Forced Air
  • Laundry: On Level: Main Floor, Flooring: Wood
  • Sewer: Municipal
  • Tv Service Internet Avail: Cable TV, WiFi
  • Water: Private Well

Schools

  • School District: Leland Public School District
  • Elementary School: Leland Public School
  • Middle School: Leland Public School
  • High School: Leland Public School

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Cleared, Level
  • Lot Dimensions: 50x100ft
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 1109.33
  • Winter Taxes: 239.39

MLS Schools

  • Elementary School: Leland Public School
  • HighSchool: Leland Public School
  • School District: Leland Public School District
  • Middle School: Leland Public School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
May 25, 2022
Sold by
Butterbaugh Grant J
Bought by
Lockwood Linda Rae and Kuroczko Nicolas
Seller's Agent
John Watkins
REO-LelandTraverse City-233024
Buyer's Agent
John Watkins
REO-LelandTraverse City-233024
List Price
$489,000
Sold Price
$610,000
Premium/Discount to List
$121,000
24.74%
Current Estimated Value
$646,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,196
Avg. Annual Appreciation
1.06%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lockwood Linda Rae $610,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $610,000 +24.7% $671 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $489,000 -- $538 / 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 $3,981 $210,300 $0 $0
2024 $3,288 $181,400 $0 $0
2023 $3,109 $118,900 $0 $0
2022 $1,413 $108,600 $0 $0
2021 $1,349 $101,500 $0 $0
2020 $1,355 $96,700 $0 $0
2019 $1,307 $93,200 $0 $0
2018 -- $85,000 $0 $0
2017 -- $85,300 $0 $0
2016 -- $85,000 $0 $0
2015 -- $89,000 $0 $0
2014 -- $77,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Watkins

    Real Estate One

    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Caitlin Watkins

    Real Estate One

    Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1899350

Northern Great Lakes REALTORS® MLS

APN: 009-730-185-00

Michigan Leelanau County Leland 49654 Leland

409 S Lake St, Leland, MI

This home is located at 409 S Lake St, Leland, MI 49654 since 05 May 2022 and is currently estimated at $691,157, approximately $760 per square foot. This property was built in 1930. 409 S Lake St is a home located in Leelanau County with nearby schools including Leland Public School and St. Mary School, Lake Leelanau.

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.

Nearby Homes