NOT LISTED FOR SALE

5505 S Lime Lake Rd Cedar, MI 49621

Estimated Value: $608,000 - $678,000

2 Beds
1.5 Baths
2,321 Sq Ft
$277/Sq Ft Est. Value

Last Sold March 06, 2019

Last sale price $279,900 $121 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,896/month

22 Days on Market

Highlights

  • Water Views
  • Second Garage
  • Corner Lot
  • Leland Public School Rated A-
  • Deck
  • Solid Surface Countertops

About This Home

As of March 2019

Nestled on an elevated corner lot, this well built home features stunning stone work and high end finishing touches, inside and out.  You could relax on your front or back deck, enjoying seasonal views of Lime Lake on one side and Sugar Loaf Mountain up on the other. This home defines warm and cozy.  With an unbelievable main floor master bedroom and bathroom; (that includes a huge walk in closet, oversized jacuzzi tub, solid surface double vanity, and custom walk in shower) you won’t want to leave. The lower level features an amazing custom built bar with a large family room surrounded by wood and stone walls.  Did I forget to mention the 4 car attached garage!?  Come see for yourself all that this home has to offer!

Last Agent to Sell the Property

Weston Buchan

REO-TCRandolph-233022 License #6501369466 Listed on: 12/22/2018

REO-TCRandolph-233022

Last Buyer's Agent

Kyle Jean

EXIT Northern Shores-TC License #6501402871

EXIT Northern Shores-TC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 1.05 Acre Lot
  • Corner Lot
  • Sprinkler System
  • Garden
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,321 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Blinds
  • Rods
  • Water Views

Kitchen

  • Oven or Range
  • Stove
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Basement Windows

Parking

  • 4 Car Attached Garage
  • Second Garage

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Well
  • Water Softener is Owned
  • Satellite Dish

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1 Story
  • Estimated Year Built: 1980
  • Construction: Frame
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1980
  • Year Renovated: 2014

Interior Features

  • Appliances Equipment: Refrigerator, Oven/Range, Disposal, Dishwasher, Microwave, Water Softener Owned, Washer, Dryer, Freezer, Exhaust Fan, Blinds, Curtain Rods, Ceiling Fan, Smoke Alarms(s), Satellite Dish
  • Interior Amenities: Walk-In Closet(s), Pantry, Solid Surface Counters, Island Kitchen, Drywall
  • Bedrooms: 2
  • Bedroom 1: Dimensions: 23x11, On Level: Main Floor, Flooring: Wood
  • Bedroom 2: Dimensions: 13.10x11, On Level: Main Floor, Flooring: Carpet
  • Total Bathrooms: 1.5
  • Primary Bathroom: Private
  • Number of Main Level Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Floor Primary: Yes
  • Dining Room: Dimensions: 17.8x7.8, On Level: Main Floor, Flooring: Wood
  • Family Room: Dimensions: 38x18, On Level: Lower Floor, Flooring: Carpet
  • Kitchen: Dimensions: 17x9, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 15.4x20, On Level: Main Floor, Flooring: Wood
  • Range: R 13W
  • Total Finished Sf Apx: 2321

Exterior Features

  • Additional Buildings: Secondary Garage(s)
  • Exterior Features: Sprinkler System, Deck, Sidewalk, Covered Porch, Garden Area, Gutters
  • Exterior Finish: Vinyl, Stone
  • Foundation: Full, Partial, Block, Daylight Windows, Finished Rooms
  • Number Of Acres: 1.05
  • Road: Blacktop
  • Roof: Asphalt
  • Water Features: Water View

Garage/Parking

  • Driveway: Concrete
  • Garage Capacity: 4
  • Primary Garage: Attached

Utilities

  • Fireplaces And Stoves: Fireplace(s), Gas, Insert, Stove, Pellet
  • Heating Cooling Types: Forced Air, Central Air
  • Laundry: Dimensions: 11.8x11, On Level: Lower Floor, Flooring: Carpet
  • Sewer: Dry Well, Private Septic
  • Tv Service Internet Avail: Dish TV
  • Water: Private Well

Lot Info

  • Land Features: Corner Lot
  • Parcel Description: Metes and Bounds
  • Zoning Use Restrictions: Residential

Tax Info

  • Summer Taxes: $1,104.25
  • Winter Taxes: $192.34
  • Year Winter: 2017

MLS Schools

  • School District: Leland Public School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2018
Closed on
Mar 4, 2019
Sold by
Novak Eugene D
Bought by
Batey Michael P and Batey Elizabeth B
Seller's Agent
Weston Buchan
REO-TCRandolph-233022
Buyer's Agent
Kyle Jean
EXIT Northern Shores-TC
List Price
$279,900
Sold Price
$279,900
Current Estimated Value
$643,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,915
Avg. Annual Appreciation
13.05%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Batey Michael P $279,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2019 03/06/19 Sold $279,900 0.0% $121 / Sq Ft
12/22/2018 12/22/18 For Sale $279,900 -- $121 / 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 $6,156 $270,900 $0 $0
2024 $4,950 $255,000 $0 $0
2023 $4,904 $205,000 $0 $0
2022 $5,468 $181,600 $0 $0
2021 $2,457 $171,200 $0 $0
2020 $2,457 $124,500 $0 $0
2019 $1,197 $130,900 $0 $0
2018 -- $125,600 $0 $0
2017 -- $127,600 $0 $0
2016 -- $99,500 $0 $0
2015 -- $93,900 $0 $0
2014 -- $101,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Weston Buchan

    Seller's Agent in 2019

    Weston Buchan

    Real Estate One

    (231) 590-4355

    99 Total Sales

    Weston Buchan
    Section Image
  • Kyle Jean

    Buyer's Agent in 2019

    Kyle Jean

    EXIT Northern Shores-TC

    (231) 633-3933

    92 Total Sales

    Kyle Jean
    Section Image
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1855971

Northern Great Lakes REALTORS® MLS

APN: 003-024-011-20

Michigan Leelanau County Cedar 49621

5505 S Lime Lake Rd, Cedar, MI

Not Listed for Sale

Detached

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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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