NOT LISTED FOR SALE

5200 S Elm Valley Rd Suttons Bay, MI 49682

Estimated Value: $954,205

40 Acres
$23,855 Price per Acre
1,742,400 Sq Ft Lot

Last Sold February 11, 2021

Last sale price $749,000

Est. 27% increase in value since last sale

Current estimated payment $5,630/month

43 Days on Market

Highlights

  • 40 Acre Lot
  • Countryside Views
  • Lot Has A Rolling Slope
  • Vineyard

About This Lot

As of February 2021

Actively producing vineyard in Leelanau County with nearly 40 acres of idyllic Leelanau vistas. This would be a magical place to build a forever home. Vineyard vines, nearby cherry orchards, surrounding farms, West Bay views on parts, and even a little stream on the property... heaven! Cabernet Franc and Merlot grapes produce about $40K in income for you. 30 X 40 pole building is on site. Just a gorgeous site.

Last Listed By

Shawn Schmidt Smith

Coldwell Banker Schmidt Traver License #6502361697 Listed on: 09/12/2020

Coldwell Banker Schmidt Traver

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,077

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1304 x 1255
  • Dirt Road
  • Lot Has A Rolling Slope
  • The community has rules related to zoning restrictions

Property Views

  • Countryside Views
  • Seasonal Views

Location

  • Mineral Rights

Farming

  • Vineyard
  • Farm

Utilities

  • Well
  • Private or Community Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$4,077

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Section Number: 20
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 18725
  • Range: R 11W

Exterior Features

  • Exterior Features: Countryside View, Seasonal View
  • Number Of Acres: 40
  • Road: Private Owned, Dirt

Utilities

  • Utilities Available: Electric
  • Waste Available: Private Septic
  • Waste Installed: Private Septic
  • Water Available: Private Well
  • Water Installed: Private Well

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Land Features: Rolling, Working Farm, Existing Vineyard
  • Lot Dimensions: 1304 X 1255
  • Mineral Rights: Yes
  • Zoning Use Restrictions: Agricultural, Storage Buildings, Existing Vineyard

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2020
Closed on
Feb 10, 2021
Sold by
Kermit Campbell J
Bought by
Forduce Holdings Llc
Seller's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
Buyer's Agent
Shawn Schmidt Smith
Coldwell Banker Schmidt Traver
List Price
$749,000
Sold Price
$749,000
Total Days on Market
43
Current Estimated Value
$954,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,205
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Jun 26, 2000
Sold by
Sharnowski
Bought by
Campbell J Kermit

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
Campbell J Kermit -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $749,000 0.0% --
09/12/2020 09/12/20 For Sale $749,000 -- --
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
2024 $4,077 $245,400 $0 $0
2023 $1,907 $134,700 $0 $0
2022 $2,114 $107,000 $0 $0
2021 $646 $98,700 $0 $0
2020 $646 $94,700 $0 $0
2019 $593 $95,100 $0 $0
2018 -- $92,600 $0 $0
2017 -- $92,600 $0 $0
2016 -- $96,000 $0 $0
2015 -- $92,300 $0 $0
2014 -- $80,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1879861

Northern Great Lakes REALTORS® MLS

APN: 001-020-002-30