NOT LISTED FOR SALE

5000 S Townhouse Dr Unit A3 Cedar, MI 49621

Estimated Value: $285,000 - $770,000

4 Beds
4 Baths
2,390 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $379,000 $159 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,966/month

41 Days on Market

Highlights

  • Water Views
  • Deck
  • Tennis Courts
  • In Ground Pool
  • Contemporary Architecture
  • Patio

About This Home

As of August 2024

Impeccably kept, this charming 4 bed/4 bath Sugar Loaf townhouse located in the heart of Leelanau County offers the epitome of comfortable living, and allows for short term rentals! Boasting four bedrooms, each adorned with its own luxurious en-suite bath, alongside a cozy living and dining area featuring a freestanding wood stove, this residence ensures both privacy and communal comfort. Step outside onto the spacious patio or deck, where panoramic views of Sugar Loaf Mountain and a tantalizing glimpse of Lake Michigan create a serene backdrop for relaxation and entertainment. Enjoy access to a host of amenities, including a community pool, tennis courts, and expansive green spaces, all meticulously maintained by a well-organized association. Situated within close proximity to two golf courses, this property presents an exceptional opportunity for your own Leelanau County retreat or savvy investment, combining an enviable location with an enticing price point. Experience the allure of Northern Michigan living at its finest! *Used as a short term rental, the current owner has made $70-$90K/year in rental income. Unit is being sold fully furnished.

Last Agent to Sell the Property

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537 Listed on: 06/05/2024

REMAX Bayshore - W Bay Shore Dr TC

Last Buyer's Agent

Bob Brick

REMAX Bayshore - W Bay Shore Dr TC License #6502134537 Listed on: 06/05/2024

REMAX Bayshore - W Bay Shore Dr TC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,276

Year Built

  • Built in 1972

Lot Details

  • Landscaped
  • Level Lot
  • Sprinkler System
  • The community has rules related to zoning restrictions

HOA Fees

  • $428 Monthly HOA Fees

Property Views

  • Water
  • Ski Resort
  • Countryside Views

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,390 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Minimal Steps

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Community Well
  • Electric Water Heater
  • Community Sewer or Septic
  • Cable TV Available

Community Details

Overview

  • Association fees include water, trash removal, snow removal, exterior maintenance, fire insurance
  • Sugar Loaf Townhouses Community

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,276

Year Built

Built in 1972

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Contemporary, Townhouse, 2+ Story
  • Estimated Year Built: 1972
  • Construction: Frame
  • Section Number: 13
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Washer, Dryer, Electric Water Heater
  • Interior Amenities: Foyer Entrance
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 17.0x11.2, On Level: Upper Floor, Flooring: Other
  • Bedroom 2: Dimensions: 17.0x13.6, On Level: Upper Floor, Flooring: Other
  • Bedroom 3: Dimensions: 17.0x11.6, On Level: Lower Floor, Flooring: Other
  • Bedroom 4: Dimensions: 9.4x11.5, On Level: Lower Floor, Flooring: Other
  • Total Bathrooms: 4
  • Primary Bathroom: Private
  • Number of Lower Level Bathrooms: 2
  • Full Bathrooms: 4
  • Main Floor Primary: No
  • Dining Room: Dimensions: 13.8x9.2, On Level: Main Floor, Flooring: Other
  • Kitchen: Dimensions: 9.4x7.11, On Level: Main Floor, Flooring: Other
  • Living Room: Dimensions: 17.0x15.5, On Level: Main Floor, Flooring: Other
  • Estimated Above Ground Finished Sq Ft: 1940
  • Estimated Below Grade Finished Sq Ft: 450
  • Estimated Below Grade Unfinished Sq Ft: 81
  • Price Per Sq Ft: 158.58
  • Range: R 13W
  • Total Finished Sf Apx: 2390

Exterior Features

  • Exterior Features: Sprinkler System, In Ground Pool, Deck, Patio, Sidewalk, Countryside View, Ski Slope View, Tennis Court, Landscaped, Ski Slope Frontage
  • Exterior Finish: Vinyl
  • Foundation: Block, Slab
  • Road: Private Owned, Blacktop, Privately Maintained
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

  • Driveway: Blacktop

Utilities

  • Fireplaces And Stoves: Wood, Stove
  • Heating Cooling Types: Baseboard, Window Air Conditioner
  • Laundry: Dimensions: 3.10x9.0, On Level: Lower Floor, Flooring: Other
  • Sewer: Development Septic
  • Tv Service Internet Avail: Cable TV, Cable Internet
  • Water: Community Well

Condo/Co-op/Association

  • HOA Fee Includes: Water, Trash Removal, Snow Removal, Exterior Maintenance, Fire Insurance
  • Condo: Yes
  • Condo Unit Access: Limited Steps, Stairway (Indoor)
  • Association Fees: Monthly
  • Monthly Assn Dues: 428.24

Association/Amenities

  • Development Amenities: Tennis Court, Pool, Common Area
  • Development Name: Sugar Loaf Townhouses

Schools

  • School District: Leland Public School District

Lot Info

  • Land Features: Level
  • Mineral Rights: Unknown
  • Parcel Description: Condo/None
  • Zoning Use Restrictions: Residential, Building-Use Restrictions

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 2,789.42
  • Total Taxes: 3275.72
  • Winter Taxes: 486.30
  • Year Summer: 2023
  • Year Winter: 2023

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 1990
Sold by
Williams
Current Estimated Value
$453,787
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
-- $95,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2024 08/27/24 Sold $379,000 -10.8% $159 / Sq Ft
06/05/2024 06/05/24 For Sale $425,000 +214.8% $178 / Sq Ft
06/27/2018 06/27/18 Sold $135,000 -6.9% $70 / Sq Ft View Prior Sale
05/30/2018 05/30/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $145,000 -- $75 / 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 $1,589 $198,900 $0 $0
2024 $1,259 $166,800 $0 $0
2023 $1,248 $129,300 $0 $0
2022 $1,413 $107,000 $0 $0
2021 $1,340 $71,400 $0 $0
2020 $1,340 $71,400 $0 $0
2019 $1,109 $70,500 $0 $0
2018 -- $62,400 $0 $0
2017 -- $62,400 $0 $0
2016 -- $44,600 $0 $0
2015 -- $44,600 $0 $0
2014 -- $44,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1923171

Northern Great Lakes REALTORS® MLS

APN: 003-580-001-00