NOT LISTED FOR SALE

5405 S Faculty Row Glen Arbor, MI 49636

Estimated Value: $1,218,000 - $1,787,000

4 Beds
2.5 Baths
2,096 Sq Ft
$707/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,265,000 $604 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,757/month

3 Days on Market

Highlights

  • Private Waterfront
  • Private Dock
  • Wooded Lot
  • Deeded Waterfront Access Rights
  • Tiered Deck
  • Vaulted Ceiling

About This Home

As of July 2024

Spacious and private home located on a large bend of the Crystal River with over 200 feet of frontage. This four bedroom, 2.5 bathroom home can comfortably accommodate up to 14 people, with additional beds in loft area. The house has two kitchens, two living rooms, and large screened porches on both floors, for taking in the river views! Located on a quiet road, this escape is only one mile from downtown Glen Arbor and near everything in the Sleeping Bear Dunes National Lakeshore. Swim or paddle in the clean and clear Crystal River or bike in to downtown Glen Arbor with its restaurants, shops, bars and galleries. Excellent rental history! Gross income 184k in 2023. Sold furnished with some exceptions. One seller is a licensed real estate agent.

Last Agent to Sell the Property

Kara Gelven

Peninsula Properties Realty License #6506048623 Listed on: 05/31/2024

Last Buyer's Agent

Kara Gelven

Peninsula Properties Realty License #6506048623 Listed on: 05/31/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,283

Year Built

  • Built in 1969

Lot Details

  • 1.01 Acre Lot
  • Private Waterfront
  • 200 Feet of Waterfront
  • Corner Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Parking

  • Gravel Driveway

Home Design

  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property
  • Bookcases
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Rods
  • Mud Room
  • Great Room
  • Formal Dining Room
  • Screened Porch
  • Water Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • River Access
  • Private Dock
  • Tiered Deck

Utilities

  • Baseboard Heating
  • Well

Community Details

  • 4122 Glen Arborvillage & Surr Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,283

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 2 Story
  • Estimated Year Built: 1969
  • Construction: Frame
  • Private Shared: Private
  • Section Number: 23
  • Year Updated: 2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1969

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Dishwasher, Microwave, Washer, Dryer, Blinds, Curtain Rods, Ceiling Fan, Smoke Alarms(s)
  • Interior Amenities: Built-In Bookcase, Walk-In Closet(s), Island Kitchen, Mud Room, Formal Dining Room, Great Room, Vaulted Ceilings, Drywall
  • Bedrooms: 4
  • Bedroom 1: Dimensions: 17x11, On Level: Main Floor
  • Bedroom 2: Dimensions: 12x11, On Level: Main Floor
  • Bedroom 3: Dimensions: 11x9, On Level: Upper Floor
  • Bedroom 4: Dimensions: 11x10, On Level: Upper Floor
  • Total Bathrooms: 2.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Kitchen: Dimensions: 12x15
  • Living Room: Dimensions: 15x13
  • Estimated Above Ground Finished Sq Ft: 2096
  • Price Per Sq Ft: 603.53
  • Range: R 14W
  • Total Finished Sf Apx: 2096

Exterior Features

  • Body Of Water: Crystal River
  • Exterior Features: Deck, Multi-Level Decking, Porch, Screened Porch
  • Exterior Finish: Stone, Wood
  • Foundation: Crawl Space
  • Number Of Acres: 1.01
  • Road: Public Maintained, Gravel
  • Roof: Asphalt
  • Water Features: Priv Frontage (Wtr Side), River, Water View, Private Dock
  • Waterfront Frontage: 200

Garage/Parking

  • Driveway: Gravel, Private

Utilities

  • Fireplaces And Stoves: Fireplace(s)
  • Heating Cooling Types: Baseboard
  • Laundry: On Level: Main Floor
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: 4122 GLEN ARBORVILLAGE & SURR

Schools

  • School District: Glen Lake Community Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Corner Lot, Wooded
  • Lot Dimensions: irregular
  • Mineral Rights: Unknown
  • Parcel Description: Subdivision
  • Zoning Use Restrictions: Residential

Rental Info

  • Rent Spree Y N: No

Tax Info

  • Summer Taxes: 2845

MLS Schools

  • School District: Glen Lake Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jul 3, 2024
Sold by
Glen River Holdings Llc
Bought by
Zambon and Zambon
Seller's Agent
Kara Gelven
Peninsula Properties Realty
Buyer's Agent
Kara Gelven
Peninsula Properties Realty
List Price
$1,150,000
Sold Price
$1,265,000
Premium/Discount to List
$115,000
10%
Views
33
Current Estimated Value
$1,482,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,674
Avg. Annual Appreciation
18.45%

Purchase Details

Listed on
Mar 14, 2022
Closed on
Apr 13, 2022
Sold by
Go With The Flow Realty Llc
Bought by
Glen River Holdings Llc
Seller's Agent
Ranae Ihme
LVR Realty, LLC
Buyer's Agent
Kara Gelven
Peninsula Properties Realty
List Price
$779,000
Sold Price
$845,000
Premium/Discount to List
$66,000
8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.93%

Purchase Details

Closed on
Aug 30, 1996
Sold by
Leelanau Center
Bought by
Carlson Madeline C
Source: Public Records

Range of Values:

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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
Zambon $1,265,000 --
Zambon $1,265,000 --
Glen River Holdings Llc $845,000 --
Glen River Holdings Llc $845,000 --
Carlson Madeline C $159,000 --
Carlson Madeline C $159,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,265,000 +10.0% $604 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $1,150,000 +36.1% $549 / Sq Ft
04/15/2022 04/15/22 Sold $845,000 +8.5% $403 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $779,000 -- $372 / 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 $10,283 $547,900 $0 $0
2024 $8,700 $347,300 $0 $0
2023 $2,845 $301,000 $0 $0
2022 $7,393 $251,100 $0 $0
2021 $7,216 $229,700 $0 $0
2020 $7,320 $212,400 $0 $0
2019 $2,696 $221,900 $0 $0
2018 -- $232,100 $0 $0
2017 -- $233,300 $0 $0
2016 -- $232,000 $0 $0
2015 -- $204,500 $0 $0
2014 -- $188,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kara Gelven

    Peninsula Properties Realty

    (231) 632-5448

    63 Total Sales

    Kara Gelven
    Section Image
  • Ranae Ihme

    Seller's Agent in 2022

    Ranae Ihme

    LVR Realty, LLC

    (231) 218-2714

    244 Total Sales

    Ranae Ihme
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1922958

Northern Great Lakes REALTORS® MLS

APN: 006-123-009-40

Michigan Leelanau County Glen Arbor 49636

5405 S Faculty Row, Glen Arbor, MI

This home is located at 5405 S Faculty Row, Glen Arbor, MI 49636 since 31 May 2024 and is currently estimated at $1,482,674, approximately $707 per square foot. This property was built in 1969. 5405 S Faculty Row is a home located in Leelanau County with nearby schools including Glen Lake Community Schools, Glen Lake Elementary School, and The Leelanau 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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