NOT LISTED FOR SALE

410 & 412 Terrace Ct Leland, MI 49654

Leland Neighborhood

Estimated Value: $2,165,000 - $3,657,205

8 Beds
3 Baths
2,959 Sq Ft
$984/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $1,974,917 $667 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $17,830/month

87 Days on Market

Highlights

  • Private Waterfront
  • Sandy Beach
  • Wooded Lot
  • Deeded Waterfront Access Rights
  • 1.3 Acre Lot
  • Mud Room

About This Home

As of February 2017

This Village of Leland waterfront property is a jewel from a bygone era. Perfect for families & friends to gather with 159’ of North Lake Leelanau frontage. Original wood floors, bead board paneling, nooks & crannies, built-in cabinets, variety of bedrooms, a sleeping porch & a large screened porch where you will want to spend all your time! The large (1.3+ acre) lot under beautiful mature white pines affords plenty of room for yard games, gatherings and bonfires. Superior location on highly desirable Nedows Bay, very private setting, Charter cable & natural gas available, walk or bike into town. Includes a 3 bedroom newer home on a separate tax parcel (45-009-010-018-15) to the rear. See mls #1822995 for details. Properties being sold together.

Last Agent to Sell the Property

Cory Beuerle

CENTURY 21 Northland License #6501264235 Listed on: 09/08/2016

CENTURY 21 Northland

Last Buyer's Agent

Tim Schaub

Schaub Team Premier Realty License #6502411112

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,841

Year Built

  • Built in 1910

Lot Details

  • 1.3 Acre Lot
  • Private Waterfront
  • 159 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

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

Interior Spaces

  • 2,959 Sq Ft Home
  • 1.5-Story Property
  • Bookcases
  • Paneling
  • Skylights
  • Wood Burning Fireplace
  • Mud Room
  • Screened Porch
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Partial Basement
  • Crawl Space

Parking

  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Property is near a lake

Utilities

  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Community Details

Overview

  • Metes And Bounds Community

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,841

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, Cottage
  • Estimated Year Built: 1910
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 10
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1910

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Exhaust Fan, Electric Water Heater
  • Interior Amenities: Skylights, Built-In Bookcase, Walk-In Closet(s), Pantry, Breakfast Nook, Mud Room, Drywall, Paneling
  • Bedrooms: 8
  • Bedroom 1: Dimensions: 11.5x11.10, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 19.4x10.5, On Level: Upper Floor, Flooring: Wood
  • Bedroom 3: Dimensions: 12.0x15.9, On Level: Upper Floor, Flooring: Wood
  • Bedroom 4: Dimensions: 12.6x10.6, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 3
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Number of Three Quarter Bathrooms: 3
  • Dining Room: Dimensions: combox19.2, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 15.3x11.5, On Level: Main Floor, Flooring: Vinyl
  • Living Room: Dimensions: 31.6xcombo, On Level: Main Floor, Flooring: Wood
  • Other Room: Dimensions: 11.10x31.6, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 2959
  • Price Per Sq Ft: 667.43
  • Range: R 12W
  • Total Finished Sf Apx: 2959

Exterior Features

  • Body Of Water: North Lake Leelanau
  • Exterior Features: Covered Porch, Porch, Screened Porch
  • Exterior Finish: Vinyl
  • Foundation: Partial, Michigan Basement, Crawl Space, Block
  • Number Of Acres: 1.3
  • Road: Cul-de-Sac, Gravel, Privately Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Water View, Sandy Bottom, Public Lake
  • Waterfront Frontage: 159

Garage/Parking

  • Driveway: Gravel, Shared

Utilities

  • Fireplaces And Stoves: Fireplace(s), Wood
  • Heating Cooling Types: Baseboard
  • Laundry: Dimensions: 8.0x12.0, On Level: Main Floor, Flooring: Vinyl
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Private Well

Association/Amenities

  • Development Name: Metes and Bounds

Schools

  • School District: Leland Public School District

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Evergreens, Wooded-Hardwoods, Level, Wooded
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Feb 8, 2017
Sold by
Mckisson John C
Bought by
Masters Margaret H
Seller's Agent
Cory Beuerle
CENTURY 21 Northland
Buyer's Agent
Tim Schaub
Schaub Team Premier Realty
List Price
$2,100,000
Sold Price
$1,974,917
Premium/Discount to List
-$125,083
-5.96%
Current Estimated Value
$2,911,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$936,186
Avg. Annual Appreciation
2.41%
Source: Public Records

Range of Values:

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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
Masters Margaret H $1,480,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2017 02/10/17 Sold $1,974,917 -6.0% $667 / Sq Ft
12/04/2016 12/04/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $2,100,000 -- $710 / 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 $27,841 $1,412,800 $0 $0
2024 $23,148 $1,124,900 $0 $0
2023 $21,885 $1,067,800 $0 $0
2022 $25,108 $848,400 $0 $0
2021 $23,936 $771,700 $0 $0
2020 $24,175 $764,800 $0 $0
2019 $23,321 $778,700 $0 $0
2018 -- $733,900 $0 $0
2017 -- $688,000 $0 $0
2016 -- $680,000 $0 $0
2015 -- $619,600 $0 $0
2014 -- $589,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1822994

Northern Great Lakes REALTORS® MLS

APN: 009-010-018-10