NOT LISTED FOR SALE

4875 E Water View Dr Lake Leelanau, MI 49653

Estimated Value: $50,000 - $112,000

0.54 Acre
$150,000 Price per Acre
23,522 Sq Ft Lot

Last Sold January 28, 2022

Last sale price $33,500

Est. 142% increase in value since last sale

Current estimated payment $542/month

320 Days on Market

About This Lot

As of January 2022

Great opportunity to build in Bay Hill development located between Leland and Lake Leelanau. This .54 acre lot provides beautiful countryside views. Underground electric and natural gas are available to the site. A private well would be required. Conveniently located to many recreation opportunities in the heart of Leelanau county. Seller has also listed Lot 47 for sale and will consider offers for both lots.

Last Agent to Sell the Property

Tim Schaub

Schaub Team Premier Realty License #6502411112 Listed on: 03/10/2021

Co-Listed By

Joe Campo

Schaub Team Premier Realty License #6501411024

Last Buyer's Agent

Tim Schaub

Schaub Team Premier Realty License #6502411112 Listed on: 03/10/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $831

Lot Details

  • 0.54 Acre Lot
  • Sloped Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $44 Monthly HOA Fees

Property Views

  • Countryside Views

Schools

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

Utilities

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

Community Details

  • Bay Hill Community

Property Details

Property Type

Land

Est. Annual Taxes

$831

Lot Details

0

HOA Fees

$44 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: 62037.04
  • Range: R 12W

Exterior Features

  • Exterior Features: Countryside View
  • Number Of Acres: 0.54
  • Road: Association, Blacktop

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: 525
  • Association Fees: Annual

Association/Amenities

  • Development Name: Bay Hill

Schools

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

Lot Info

  • Land Features: Sloping
  • Lot Dimensions: Irregular
  • Mineral Rights: Unknown
  • Zoning Use Restrictions: Site Condominium, Bldg & Use Restrictions

Rental Info

  • Rent Spree Y N: No

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
Mar 10, 2021
Closed on
Jan 26, 2022
Sold by
Decicco William M
Bought by
Bunin Matthew J
Seller's Agent
Tim Schaub
Schaub Team Premier Realty
Buyer's Agent
Tim Schaub
Schaub Team Premier Realty
List Price
$36,500
Sold Price
$33,500
Premium/Discount to List
-$3,000
-8.22%
Current Estimated Value
$81,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,500
Avg. Annual Appreciation
26.87%

Purchase Details

Closed on
Sep 12, 2013
Sold by
Luce Francis A
Bought by
Decicco William M and Decicco Diane
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bunin Matthew J $33,500 --
Decicco William M $9,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $33,500 0.0% --
01/24/2022 01/24/22 Pending -- -- --
09/28/2021 09/28/21 Price Changed $33,500 -8.2% --
03/10/2021 03/10/21 For Sale $36,500 -39.2% --
08/26/2019 08/26/19 Sold $60,000 0.0% -- View Prior Sale
07/12/2019 07/12/19 Off Market $60,000 -- --
02/20/2019 02/20/19 Price Changed $65,000 -5.8% --
07/14/2018 07/14/18 For Sale $69,000 -- --
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 $831 $32,500 $0 $0
2024 $691 $28,500 $0 $0
2023 $654 $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 -- $20,000 $0 $0
2016 -- $20,000 $0 $0
2015 -- $20,000 $0 $0
2014 -- $20,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1884800

Northern Great Lakes REALTORS® MLS

APN: 009-552-001-00