NOT LISTED FOR SALE

5141 E Valley Ln Leland, MI 49654

Estimated Value: $233,000

1.43 Acres
$162,937 Price per Acre
62,291 Sq Ft Lot

Last Sold February 09, 2024

Last sale price $60,000

Est. 288% increase in value since last sale

Current estimated payment $1,311/month

10 Days on Market

About This Lot

As of February 2024

Just north of Leland Village, to be exact! Only 5 minutes to the famous Fish Town and a quick one-mile stroll or bike ride to world-class beaches and storybook Leland! This is a fantastic chance to establish your Leelanau legacy by constructing your own house or cottage on Valley Lane. A fantastic hardwood lot near the end of a cul-de-sac with plenty of elbow room. Cheap, quiet, and private! All information provided is deemed reliable, but not guaranteed. Buyer, or Buyer's Agent should verify.

Last Agent to Sell the Property

Michael Malone

EXP Realty Shelby License #6501415257 Listed on: 01/05/2024

EXP Realty Shelby

Co-Listed By

Michael Scianna

EXP Realty Shelby License #6501373352

Last Buyer's Agent

Kyle Geenen

License #6506045834

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $831

Lot Details

  • 1.43 Acre Lot
  • Lot Dimensions are 160x458x380x124
  • Wooded Lot

Community Details

  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 00958501300

Property Details

Property Type

Land

Est. Annual Taxes

$831

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 25000.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Feet: 124

Utilities

  • Sewer: Septic-Needed
  • Water Source: Well-Needed

Schools

  • School District: Leland

Lot Info

  • Lot Features: Hilly-Ravine, Vacation Home, Wooded
  • Lot Size Area: 1.43
  • Lot Dimensions: 160x458x380x124
  • Parcel Number: 00958501300
  • Zoning: Residential

Tax Info

  • Taxable Value: 25000.0000

MLS Schools

  • School District: Leland

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Feb 7, 2024
Sold by
Wyse Aaron
Bought by
Feig Scott and Feig Lisa
Seller's Agent
Michael Malone
EXP Realty Shelby
Buyer's Agent
Kyle Geenen
List Price
$60,000
Sold Price
$60,000
Views
53
Current Estimated Value
$233,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,000
Avg. Annual Appreciation
132.85%

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 22, 2022
Sold by
Arens John C
Bought by
Wyse Aaron
Seller's Agent
Tom Alflen
EXIT Northern Shores-TC
List Price
$54,500
Sold Price
$54,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Nov 25, 2016
Sold by
Todd Anna L Trust
Bought by
Arens John C and Arens Jolyn
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Feig Scott $60,000 --
Wyse Aaron $54,500 --
Arens John C $47,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $60,000 0.0% --
01/15/2024 01/15/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $60,000 +10.1% --
07/22/2022 07/22/22 Sold $54,500 0.0% --
05/26/2022 05/26/22 For Sale $54,500 -- --
Source: Realcomp

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 $786 $25,000 $0 $0
2021 $774 $25,000 $0 $0
2020 $789 $25,000 $0 $0
2019 $775 $25,000 $0 $0
2018 -- $25,000 $0 $0
2017 -- $25,000 $0 $0
2016 -- $50,000 $0 $0
2015 -- $50,000 $0 $0
2014 -- $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Malone

    Seller's Agent in 2024

    Michael Malone

    EXP Realty Shelby

    (586) 747-0079

    64 Total Sales

    Michael Malone
    Section Image
  • Michael Scianna

    Seller Co-Listing Agent in 2024

    Michael Scianna

    EXP Realty Shelby

    (888) 501-7085

    116 Total Sales

    Michael Scianna
    Section Image
  • Kyle Geenen

    Buyer's Agent in 2024

    Kyle Geenen

    (616) 795-0014

    723 Total Sales

    Kyle Geenen
    Section Image
  • Tom Alflen

    Seller's Agent in 2022

    Tom Alflen

    EXIT Northern Shores-TC

    (231) 649-6797

    108 Total Sales

    Tom Alflen
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 20230106129

Realcomp

APN: 009-585-013-00

Michigan Leelanau County Leland 49654

5141 E Valley Ln, Leland, MI

This home is located at 5141 E Valley Ln, Leland, MI 49654 since 05 January 2024 and is currently estimated at $233,000. 5141 E Valley Ln is a home located in Leelanau County with nearby schools including Leland Public School.

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.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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