NOT LISTED FOR SALE

551 E Shetland Trail Cedar, MI 49621

Estimated Value: $452,000 - $741,000

3 Beds
2 Baths
1,314 Sq Ft
$404/Sq Ft Est. Value

Last Sold February 25, 2016

Last sale price $126,525 $96 Per Sq Ft

Est. 320% increase in value since last sale

Current estimated payment $3,160/month

50 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • 2 Car Detached Garage
  • Wooded Lot
  • Great Room
  • Forced Air Heating and Cooling System

About This Home

As of February 2016

Three Bedroom 1.75 Bath Home on 2.5 Wooded Acres of privacy in Leelanau County located close to Lime Lake and Little Traverse Lake, just a short drive to all the amenities of Sleeping Bear Dunes National Lakeshore. Home features 1314 square feet of Finished Living Space on 1.25 stories with Harwood Floors throughout, Great Room with Vaulted Ceiling and plenty of windows to fill the Home with daylight and views of the surrounding woods, Ceramic Tiled entry foyer, full unfinished basement, Detached 2 Car Garage, and Deck.

Last Agent to Sell the Property

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 12/15/2015

Coldwell Banker Schmidt Traver

Last Buyer's Agent

Mark Hagan

Coldwell Banker Schmidt Traver License #6506006708 Listed on: 12/15/2015

Coldwell Banker Schmidt Traver

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,123

Year Built

  • Built in 1994

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 165x662
  • Wooded Lot
  • The community has rules related to zoning restrictions

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,314 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Great Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • No Kitchen Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Well

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,123

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Single Family
  • Type: Residential
  • Style: 1.5 Story
  • Estimated Year Built: 1994
  • Construction: Frame
  • Section Number: 14
  • Year Updated: 1994
  • Year Renovated: 1994
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1994

Interior Features

  • Appliances Equipment: No Appliances
  • Interior Amenities: Cathedral Ceilings, Great Room
  • Bedrooms: 3
  • Bedroom 1: Dimensions: 13x10, On Level: Main Floor, Flooring: Carpet
  • Bedroom 2: Dimensions: 11x11, On Level: Main Floor, Flooring: Carpet
  • Bedroom 3: Dimensions: 9x8, On Level: Upper Floor, Flooring: Wood
  • Total Bathrooms: 2
  • Number of Main Level Bathrooms: 1
  • Full Bathrooms: 1
  • Number of Three Quarter Bathrooms: 1
  • Dining Room: Dimensions: ComboxCombo, On Level: Main Floor, Flooring: Wood
  • Kitchen: Dimensions: 15xCombo, On Level: Main Floor, Flooring: Wood
  • Living Room: Dimensions: 18xCombo, On Level: Main Floor, Flooring: Wood
  • Estimated Above Ground Finished Sq Ft: 1314
  • Estimated Below Grade Unfinished Sq Ft: 936
  • Price Per Sq Ft: 96.29
  • Range: R 13W
  • Total Finished Sf Apx: 1314

Exterior Features

  • Additional Buildings: Garden/Storage Shed
  • Exterior Features: Deck
  • Exterior Finish: Wood
  • Foundation: Full, Block, Unfinished
  • Number Of Acres: 2.5
  • Road: Gravel, Private Owned
  • Roof: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage Capacity: 2
  • Primary Garage: Concrete Floors, Detached, Door Opener

Utilities

  • Heating Cooling Types: Forced Air
  • Sewer: Private Septic
  • Tv Service Internet Avail: Unknown
  • Water: Private Well

Association/Amenities

  • Development Name: Metes & Bounds

Schools

  • School District: Leland Public School District

Lot Info

  • Land Features: Wooded, Evergreens
  • Lot Dimensions: 165x662
  • Mineral Rights: Unknown
  • 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

Closed on
Jun 9, 2017
Sold by
Jill Lievense
Bought by
Preston
Current Estimated Value
$531,169

Purchase Details

Closed on
Dec 7, 1995
Sold by
Kattelus
Bought by
Hawley Darren L and Hawley Meghan K
Source: Public Records

Range of Values:

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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
Preston $235,000 --
Hawley Darren L $94,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $126,525 -36.7% $96 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $199,900 -- $152 / 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 $4,123 $181,300 $0 $0
2024 $3,307 $170,900 $0 $0
2023 $3,276 $138,500 $0 $0
2022 $3,663 $123,900 $0 $0
2021 $3,471 $117,600 $0 $0
2020 $3,471 $112,800 $0 $0
2019 $3,008 $118,400 $0 $0
2018 -- $111,700 $0 $0
2017 -- $113,400 $0 $0
2016 -- $90,100 $0 $0
2015 -- $79,400 $0 $0
2014 -- $81,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Hagan

    Seller's Agent in 2016

    Mark Hagan

    Coldwell Banker Schmidt Traver

    (231) 929-7985

    379 Total Sales

    Mark Hagan
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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1809783

Northern Great Lakes REALTORS® MLS

APN: 003-014-014-00

Michigan Leelanau County Cedar 49621

551 E Shetland Trail, Cedar, MI

This home is located at 551 E Shetland Trail, Cedar, MI 49621 since 15 December 2015 and is currently estimated at $531,169, approximately $404 per square foot. This property was built in 1994. 551 E Shetland Trail 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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