NOT LISTED FOR SALE

4997 Legend Trail Unit 80 Bellaire, MI 49615

Estimated Value: $25,065 - $76,000

3.1 Acres
$15,383 Price per Acre
135,036 Sq Ft Lot

Last Sold May 31, 2024

Last sale price $24,000

Est. 99% increase in value since last sale

Current estimated payment $308/month

364 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Golf Course Community
  • Bluff on Lot
  • 200 Feet of Waterfront
  • Sandy Beach
  • Lake Privileges

About This Lot

As of May 2024

Wow! Here is an opportunity to own a huge 3 acre parcel in Legend Development next to the beautiful Arnold Palmer designed Legend Golf Course. With ownership comes privileges to Summit Village Beach Club on gorgeous Lake Bellaire! This large lot will provide you with the best of both worlds: privacy and proximity. The lot is perched on a high point surrounded by hardwoods, creating a personal sweet spot to enjoy nature. At the same time, the charming town of Bellaire, Short's Brewing Company, Torch Lake, Cedar River, Grass River, Torch Lake Cellars, Glacial Hills hiking and biking trails, and Schuss Mountain Skiing are all a stone's throw away. Situated 45 minutes or less to Traverse City, Petoskey, Elk Rapids, and Lake Michigan, this property is in a great location for up north activities all year long! Take advantage of low association dues. Imagine your home built on a partially cleared lot. 4997 Legend Trail could be your very own sweet spot!

Last Agent to Sell the Property

Jane Payne

Keller Williams Northern Michigan License #6506046454 Listed on: 05/16/2023

Keller Williams Northern Michigan

Last Buyer's Agent

Scott Bicknell

VACATION PROP NETWORK-BELLAIRE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $334

Lot Details

  • 3.1 Acre Lot
  • 200 Feet of Waterfront
  • Sandy Beach
  • Cul-De-Sac
  • Bluff on Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

HOA Fees

  • $29 Monthly HOA Fees

Utilities

  • Underground Utilities
  • Well
  • Private or Community Septic Tank
  • Wi-Fi Available

Additional Features

  • Countryside Views
  • Mineral Rights

Community Details

Overview

  • Legend Condominium Community

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Water Sports
  • Deeded Waterfront Access Rights
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$334

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Shared
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Range: R 7W

Exterior Features

  • Body Of Water: Lake Bellaire
  • Exterior Features: Countryside View
  • Lake Size: 1793 Acres
  • Number Of Acres: 3.1
  • Road: Association, Blacktop, Cul-De-Sac
  • Water Features: Inland Lake, All Sports, Sandy Shoreline
  • Waterfront Frontage: 200

Utilities

  • Utilities Available: Underground Electric, Natural Gas, Wifi
  • Waste Available: Private Septic
  • Water Available: Private Well

Condo/Co-op/Association

  • Annual Association Fees: 350
  • Association Fees: Annual

Association/Amenities

  • Development Amenities: Club House, Golf Course, Lake Privileges
  • Development Name: Legend Condominium

Lot Info

  • Lot Number: 80
  • Deeded Waterfront: Yes
  • Land Features: Hardwoods, Wooded, Bluff Site
  • Lot Dimensions: 265x612x248x476 approx
  • Mineral Rights: Yes
  • Zoning Use Restrictions: Site Condominium, Bldg & Use Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Bellaire Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
May 31, 2024
Sold by
Smith J B & M L Joint Trust
Bought by
Chappars Timothy S
Seller's Agent
Jane Payne
Keller Williams Northern Michigan
Buyer's Agent
Scott Bicknell
VACATION PROP NETWORK-BELLAIRE
List Price
$32,000
Sold Price
$24,000
Premium/Discount to List
-$8,000
-25%
Views
97
Current Estimated Value
$47,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,688
Avg. Annual Appreciation
62.74%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Drummy Christine
Bought by
Smith Jeffrey B and Smith Marie L

Purchase Details

Closed on
Sep 20, 2013
Sold by
Moffitt Michael A and Moffitt Mary E
Bought by
Drummy Christine

Purchase Details

Closed on
Nov 20, 2003
Bought by
Drummy Christine
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
Chappars Timothy S $24,000 Corporate Settlement Solutions
Smith Jeffrey B $47,000 Charlevoix Abstract & Title
Drummy Christine -- Charlevoix Abstract & Title
Drummy Christine -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $24,000 -25.0% --
05/14/2024 05/14/24 Pending -- -- --
05/16/2023 05/16/23 For Sale $32,000 -- --
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 $334 $8,500 $0 $0
2024 $3 $7,500 $0 $0
2023 $258 $7,500 $0 $0
2022 $339 $7,500 $0 $0
2021 $332 $7,500 $0 $0
2020 $331 $7,500 $0 $0
2019 $328 $7,500 $0 $0
2018 $329 $7,500 $0 $0
2017 $329 $7,500 $0 $0
2016 $268 $7,500 $0 $0
2015 -- $7,500 $0 $0
2014 -- $7,500 $0 $0
2013 -- $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jane Payne

    Seller's Agent in 2024

    Jane Payne

    Keller Williams Northern Michigan

    (616) 826-7128

    26 Total Sales

    Jane Payne
    Section Image

  • S

    Buyer's Agent in 2024

    Scott Bicknell

    VACATION PROP NETWORK-BELLAIRE

    (231) 883-7277

    76 Total Sales

    Scott Bicknell
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1910995

Northern Great Lakes REALTORS® MLS

APN: 05-04-390-080-00

Michigan Antrim County Bellaire 49615

4997 Legend Trail Unit 80, Bellaire, MI

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.

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