NOT LISTED FOR SALE

4755 E Water View Dr Lake Leelanau, MI 49653

Estimated Value: $50,000 - $113,000

0.97 Acre
$84,021 Price per Acre
42,253 Sq Ft Lot

Last Sold May 13, 2020

Last sale price $28,500

Est. 186% increase in value since last sale

Current estimated payment $537/month

430 Days on Market

About This Lot

As of May 2020

Bay Hill is a lovely development with protected natural area, paved roads, underground power, natural gas and cable just 3 miles to the Village of Leland. The location is perfect for someone wanting to be near beautiful Lake Michigan Beaches, charming lakeside villages, Sleeping Bear National Lakeshore Park trails but still only 30 minutes to Traverse City which offers a first class medical center, airport, shopping, restaurants, National Film Festival and plenty more. Unit 16 offers a lovely seasonal view of N. Lake Leelanau and is a larger lot then most with .97 acres.

Last Agent to Sell the Property

Rebecca Stacy

Coldwell Banker Schmidt-S.Bay License #6502126695 Listed on: 03/04/2019

Coldwell Banker Schmidt-S.Bay

Last Buyer's Agent

Robin Vilter

Five Star Real Estate - Front St TC License #6501401177

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $698

Lot Details

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

HOA Fees

  • $46 Monthly HOA Fees

Property Views

  • Seasonal Views

Utilities

  • Underground Utilities
  • Well
  • Community Sewer or Septic
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Bay Hill Community

Amenities

  • Common Area

Property Details

Property Type

Land

Est. Annual Taxes

$698

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 21
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 29381.44
  • Range: R 12W

Exterior Features

  • Exterior Features: Seasonal View
  • Number Of Acres: 0.97
  • Road: Shared, Association, Blacktop, Privately Maintained

Utilities

  • Utilities Available: Cable Tv, Natural Gas, Telephone, Underground Electric
  • Waste Available: Development Septic
  • Waste Installed: Development Septic
  • Water Available: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 550
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Common Area
  • Development Name: Bay Hill

Schools

  • School District: Leland Public School District

Lot Info

  • Lot Dimensions: see survey
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Residential, Site Condominium, Finished Lots, Bldg & Use Restrictions

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
Mar 23, 2017
Sold by
Joseph Galbreath
Bought by
Feig Jason R and Feig Lindsay F
Seller's Agent
Rebecca Stacy
Coldwell Banker Schmidt-S.Bay
Buyer's Agent
Rebecca Stacy
Coldwell Banker Schmidt-S.Bay
List Price
$29,500
Sold Price
$24,750
Premium/Discount to List
-$4,750
-16.1%
Current Estimated Value
$81,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,750
Avg. Annual Appreciation
14.94%
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
Feig Jason R $24,750 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2020 05/13/20 Sold $28,500 -5.0% --
05/07/2020 05/07/20 Pending -- -- --
09/12/2019 09/12/19 For Sale $30,000 +5.3% --
09/04/2019 09/04/19 Off Market $28,500 -- --
07/23/2019 07/23/19 Price Changed $30,000 -13.0% --
03/04/2019 03/04/19 For Sale $34,500 +39.4% --
03/24/2017 03/24/17 Sold $24,750 -16.1% -- View Prior Sale
03/13/2017 03/13/17 Pending -- -- --
03/20/2015 03/20/15 For Sale $29,500 -- --
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 $698 $32,500 $0 $0
2024 $581 $28,500 $0 $0
2023 $549 $25,000 $0 $0
2022 $629 $20,000 $0 $0
2021 $620 $20,000 $0 $0
2020 $631 $20,000 $0 $0
2019 $620 $20,000 $0 $0
2018 -- $20,000 $0 $0
2017 -- $28,000 $0 $0
2016 -- $28,000 $0 $0
2015 -- $28,000 $0 $0
2014 -- $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1857660

Northern Great Lakes REALTORS® MLS

APN: 009-552-016-00