NOT LISTED FOR SALE

519 W Traverse Lake Rd Maple City, MI 49664

Estimated Value: $736,000 - $891,023

2 Beds
1 Bath
1,156 Sq Ft
$731/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $607,500 $526 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,012/month

36 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Deck
  • Deeded Waterfront Access Rights
  • Second Garage
  • Wooded Lot

About This Home

As of June 2021

Little Traverse Lake – This classic cottage from by-gone days sits on 115’ of frontage on the desirable north shore, with Sleeping Bear Dunes National Lakeshore land directly across the street. The cottage is suitable for year around use and features a remodeled bath and kitchen, 2 cozy bedrooms and a large family room, all just steps from the water’s edge. You’ll love the park like setting and nicely wooded lot, and the southern exposure for all day sun. Other perks include a nearby hiking trail to Lake Michigan, an outdoor shower, the "Sleep Shack" for overflow guest, and other outbuildings for storage of boats and toys. Perfect for your summer getaway in Leelanau County, with strong rental potential to offset ownership costs. Selling mostly furnished.

Last Agent to Sell the Property

Peter Fisher

Coldwell Banker Schmidt-Glen A License #6501365448 Listed on: 05/23/2021

Coldwell Banker Schmidt-Glen A

Co-Listed By

Shawn Schmidt Smith

Coldwell Banker Schmidt Traver License #6502361697

Last Buyer's Agent

Sam Shimek

Coldwell Banker Schmidt-Glen A License #6501429039

Coldwell Banker Schmidt-Glen A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,797

Year Built

  • Built in 1961

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 115x110
  • Private Waterfront
  • 115 Feet of Waterfront
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Ceiling Fan
  • Den
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Second Garage
  • Gravel Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Deck
  • Shed

Location

  • Mineral Rights

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,797

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: Cottage, 1 Story
  • Estimated Year Built: 1961
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 10
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1961

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Microwave, Washer, Dryer, Ceiling Fan
  • Interior Amenities: Den/Study, Paneling
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 13.8x9.8, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 10.9x9.7, On Level: Main Floor, Flooring: Wood
  • Total Bathrooms: 1
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Primary: Yes
  • Family Room: Dimensions: 16x16.5, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 14.4x10, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 18.8x13, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1156
  • Price Per Sq Ft: 525.52
  • Range: R 13W
  • Total Finished Sf Apx: 1156

Exterior Features

  • Additional Buildings: Garden/Storage Shed, Secondary Garage(s)
  • Body Of Water: Little Traverse Lake
  • Exterior Features: Deck
  • Exterior Finish: Wood
  • Foundation: Crawl Space
  • Number Of Acres: 0.27
  • Road: Public Maintained
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), Inland Lake, All Sports, Private Dock
  • Waterfront Frontage: 115

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 1
  • Primary Garage: Attached

Utilities

  • Heating Cooling Types: Baseboard
  • Laundry: On Level: Main Floor
  • Sewer: Holding Tank/Pump & Haul
  • Tv Service Internet Avail: Cable TV, DSL
  • Water: Private Well

Schools

  • School District: Leland Public School District

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Wooded, Level
  • Lot Dimensions: 115x110
  • Mineral Rights: To Pass With Title
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2016
Closed on
Mar 28, 2017
Sold by
Gushurst Family Trust
Bought by
Sutherland Matthew and Sutherland Victoria
Seller's Agent
Mark Fisher
Coldwell Banker Schmidt-Glen A
Buyer's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
List Price
$297,500
Sold Price
$275,000
Premium/Discount to List
-$22,500
-7.56%
Current Estimated Value
$796,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,717
Avg. Annual Appreciation
13.42%
Source: Public Records

Range of Values:

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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
Sutherland Matthew $275,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $607,500 +8.7% $526 / Sq Ft
05/23/2021 05/23/21 For Sale $559,000 +103.3% $484 / Sq Ft
04/07/2017 04/07/17 Sold $275,000 -7.6% $238 / Sq Ft
03/21/2017 03/21/17 Pending -- -- --
08/05/2016 08/05/16 For Sale $297,500 -- $257 / 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 $7,797 $396,700 $0 $0
2024 $6,275 $382,500 $0 $0
2023 $6,217 $301,900 $0 $0
2022 $6,924 $224,200 $0 $0
2021 $3,611 $117,700 $0 $0
2020 $3,611 $117,400 $0 $0
2019 $3,787 $144,000 $0 $0
2018 -- $145,900 $0 $0
2017 -- $146,200 $0 $0
2016 -- $142,400 $0 $0
2015 -- $93,000 $0 $0
2014 -- $95,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Fisher

    Seller's Agent in 2021

    Peter Fisher

    Coldwell Banker Schmidt-Glen A

    (231) 735-4405

    126 Total Sales

    Section Image
  • Shawn Schmidt Smith

    Seller Co-Listing Agent in 2021

    Shawn Schmidt Smith

    Coldwell Banker Schmidt Traver

    (231) 499-1990

    195 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Sam Shimek

    Coldwell Banker Schmidt-Glen A

    (231) 835-0064

    19 Total Sales

    Section Image

  • M

    Seller's Agent in 2017

    Mark Fisher

    Coldwell Banker Schmidt-Glen A

    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1887733

Northern Great Lakes REALTORS® MLS

APN: 003-010-019-00

Michigan Leelanau County Maple City 49664

519 W Traverse Lake Rd, Maple City, MI

This home is located at 519 W Traverse Lake Rd, Maple City, MI 49664 since 23 May 2021 and is currently estimated at $844,506, approximately $730 per square foot. This property was built in 1961. 519 W Traverse Lake Rd 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.

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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