NOT LISTED FOR SALE

4592 S Bay Valley Dr Suttons Bay, MI 49682

Estimated Value: $1,026,000 - $1,511,000

4 Beds
3.5 Baths
4,304 Sq Ft
$313/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $627,000 $146 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,045/month

15 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Guest House
  • Bay View
  • 600 Feet of Waterfront
  • Second Garage
  • Lake Privileges

About This Home

As of October 2018

Custom built log-sided home and guest house located in Bay Valley Estates between the charming village of Suttons Bay and the bustling downtown of Traverse City. This community enjoys 600 ft of shared water frontage including a picnic area and outdoor fire pit. The main home is 3 bedrooms and 2.5 bathrooms highlighted by vaulted ceilings which provide expansive, spacious living areas accented by a natural stone fireplace and deck off the great room with spectacular views of the bay. A chef-inspired kitchen boasts a Viking cook top, dual ovens and Corian surfaces. The master suite includes two walk-in closets, and gracious bathroom with jacuzzi tub and shower. Finished lower level walkout provided additional living space with a roughed in bath. Attached two car garage with frost-free hot & cold water. Guest house includes a kitchenette, one bedroom and bathroom with a 1½ car heated garage or workshop. Home has 4-zone heat and 50-year roof warranty that is transferable.

Last Agent to Sell the Property

Roger Schaub

Schaub Team Premier Realty License #6501304308 Listed on: 07/18/2018

Last Buyer's Agent

Jenifer Taylor

Five Star Real Estate - Front St TC License #6501373136

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,562

Year Built

  • Built in 1998

Lot Details

  • 2.19 Acre Lot
  • 600 Feet of Waterfront
  • Sloped Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 4,304 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Fireplace
  • Loft
  • Bay Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Second Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Lake Privileges
  • Balcony
  • Deck

Additional Homes

  • Guest House

Schools

  • Suttons Bay Elementary School
  • Suttons Bay Middle School
  • Suttons Bay Senior High School

Utilities

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

Community Details

  • Bay Valley Estates Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,562

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story, In-Law Suite or Apartment
  • Estimated Year Built: 1998
  • Construction: 2x6 Framing
  • Private Shared: Shared
  • Section Number: 15
  • Year Renovated: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1998

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Central Vacuum
  • Interior Amenities: Jetted Tub, Cathedral Ceilings, Walk-In Closet(s), Breakfast Nook, Loft, Solid Surface Counters
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 17.00x20.30, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.00x23.00, On Level: Upper Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 12.70x11.10, On Level: Upper Floor, Flooring: Carpet
  • Total Bathrooms: 3.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 7.70x11.70, On Level: Main Floor, Flooring: Tile
  • Family Room: On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 15.00x23.50, On Level: Main Floor, Flooring: Tile
  • Living Room: Dimensions: 25.00x23.00, On Level: Main Floor, Flooring: Carpet
  • Estimated Above Ground Finished Sq Ft: 3743
  • Estimated Below Grade Finished Sq Ft: 561
  • Estimated Below Grade Unfinished Sq Ft: 613
  • Price Per Sq Ft: 145.68
  • Range: R 11W
  • Total Finished Sf Apx: 4304

Exterior Features

  • Additional Buildings: Guest House, Secondary Garage(s)
  • Body Of Water: Grand Traverse Bay
  • Exterior Features: Bay View, Balcony, Deck
  • Exterior Finish: Log Siding
  • Foundation: Full, Block, Finished Rooms
  • Number Of Acres: 2.19
  • Road: Association, Blacktop
  • Roof: Asphalt
  • Water Features: Bay View
  • Waterfront Frontage: 600

Garage/Parking

  • Driveway: Blacktop
  • Garage Capacity: 3
  • Primary Garage: Attached, Door Opener

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Forced Air, Central Air, Zoned/Dual
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Cable TV
  • Water: Private Well

Association/Amenities

  • Development Amenities: Lake Privileges
  • Development Name: Bay Valley Estates

Schools

  • School District: Suttons Bay Public Schools
  • Elementary School: Suttons Bay Elementary School
  • Middle School: Suttons Bay Middle School
  • High School: Suttons Bay Senior High School

Lot Info

  • Lot Number: 8
  • Deeded Waterfront: Yes
  • Land Features: Wooded-Hardwoods, Sloping
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Building-Use Restrictions

MLS Schools

  • Elementary School: Suttons Bay Elementary School
  • HighSchool: Suttons Bay Senior High School
  • School District: Suttons Bay Public Schools
  • Middle School: Suttons Bay Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Oct 1, 2018
Sold by
Bowman Richard R
Bought by
Mathiak Gary A and Mathiak Linda C
Seller's Agent
Roger Schaub
Schaub Team Premier Realty
Buyer's Agent
Jenifer Taylor
Five Star Real Estate - Front St TC
List Price
$659,000
Sold Price
$627,000
Premium/Discount to List
-$32,000
-4.86%
Current Estimated Value
$1,345,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$718,342
Avg. Annual Appreciation
8.02%

Purchase Details

Closed on
Jul 3, 2002
Sold by
Young
Bought by
Bowman Richard R and Bowman Judith A
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
Mathiak Gary A $627,000 --
Bowman Richard R $535,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $627,000 -4.9% $146 / Sq Ft
07/18/2018 07/18/18 For Sale $659,000 -- $153 / 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 $8,562 $783,000 $0 $0
2024 $6,189 $464,600 $0 $0
2023 $5,881 $447,700 $0 $0
2022 $7,740 $422,600 $0 $0
2021 $7,489 $400,500 $0 $0
2020 $7,489 $377,800 $0 $0
2019 $6,280 $353,400 $0 $0
2018 -- $300,400 $0 $0
2017 -- $294,100 $0 $0
2016 -- $278,700 $0 $0
2015 -- $273,900 $0 $0
2014 -- $241,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1850124

Northern Great Lakes REALTORS® MLS

APN: 001-180-008-00