NOT LISTED FOR SALE

5583 S Spyglass Ridge Dr Suttons Bay, MI 49682

Estimated Value: $98,000 - $286,000

0.92 Acre
$208,696 Price per Acre
40,075 Sq Ft Lot

Last Sold July 29, 2022

Last sale price $217,000

Est. 46% increase in value since last sale

Current estimated payment $1,948/month

54 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Bay View
  • 1,400 Feet of Waterfront
  • Sandy Beach
  • Lake Privileges

About This Lot

As of July 2022

Location, location, location! Leelanau County, just 10 minutes to Traverse City. Surrounded by vineyards, cherry orchards & the crystal blue waters of West Grand Traverse Bay. This .92 acre view lot is located in Beautiful Bayview Pines, a West Bay Waterfront community. Property includes 1400 ft. shared waterfront with dock and boat hoist privileges, sandy beach area, clubhouse, groomed trails and 22 acres of open spaces. Deed restrictions for your protection to have other homes built with quality.

Last Agent to Sell the Property

Lisa Rossi

The Leelanau Group Real Estate License #6502432228 Listed on: 05/21/2022

Last Buyer's Agent

Robin Vilter

Five Star Real Estate - Front St TC License #6501401177

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,516

Lot Details

  • 0.92 Acre Lot
  • Lot Dimensions are 221x228x100x262
  • 1,400 Feet of Waterfront
  • Sandy Beach
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • The community has rules related to zoning restrictions

Property Views

  • Bay
  • Seasonal

Location

  • Property is near a Great Lake

Utilities

  • Well
  • Private or Community Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Recreation

  • Water Sports
  • Deeded Waterfront Access Rights
  • Private Dock
  • Waterfront Park
  • Lake Privileges

Additional Features

  • Bayview Pines Community
  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$2,516

Lot Details

0

Listing Details

  • Class: Vacant Lot/Land
  • Type: Vacant Lot/Land
  • Private Shared: Shared
  • Section Number: 23
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Sq Ft: 235869.57
  • Range: R 13W

Exterior Features

  • Body Of Water: West Bay
  • Exterior Features: Bay View, Seasonal View
  • Number Of Acres: 0.92
  • Road: Blacktop
  • Water Features: Water View, All Sports, Sandy Bottom, Deeded Easement, Great Lake, Private Dock, Sandy Shoreline, Bay View
  • Waterfront Frontage: 1400

Utilities

  • Utilities Available: Cable Tv, Electric, Cable Internet, Natural Gas
  • Waste Available: Private Septic
  • Water Available: Private Well

Association/Amenities

  • Development Amenities: Club House, Lake Privileges, Water Front Park, Community Dock
  • Development Name: Bayview Pines

Schools

  • School District: Suttons Bay Public Schools

Lot Info

  • Deeded Waterfront: Yes
  • Land Features: Level, Wooded, Corner Lot
  • Lot Dimensions: 221x228x100x262
  • Zoning Use Restrictions: Site Condominium, Bldg & Use Restrictions

Rental Info

  • Rent Spree Y N: No

MLS Schools

  • School District: Suttons Bay Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 29, 2022
Sold by
Foti Francis G
Bought by
Weverstad Alan and Weverstad Michele
Seller's Agent
Lisa Rossi
The Leelanau Group Real Estate
Buyer's Agent
Robin Vilter
Five Star Real Estate - Front St TC
List Price
$235,000
Sold Price
$217,000
Premium/Discount to List
-$18,000
-7.66%
Current Estimated Value
$317,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,500
Avg. Annual Appreciation
4.71%

Purchase Details

Closed on
Nov 2, 2007
Sold by
Quality Associates Tc Llc
Bought by
Blumenfeld Tyler and Blumenfeld Amanda
Source: Public Records

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
Weverstad Alan $217,000 --
Blumenfeld Tyler $90,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $217,000 -7.7% --
07/14/2022 07/14/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $235,000 -- --
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
2025 $2,516 $82,500 $0 $0
2024 $2,156 $82,500 $0 $0
2023 $2,051 $63,800 $0 $0
2022 $1,876 $50,000 $0 $0
2021 $1,132 $50,000 $0 $0
2020 $1,132 $30,000 $0 $0
2019 $1,092 $30,000 $0 $0
2018 -- $30,000 $0 $0
2017 -- $30,000 $0 $0
2016 -- $30,000 $0 $0
2015 -- $30,000 $0 $0
2014 -- $32,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Great Lakes REALTORS® MLS

MLS Number: 1900056

Northern Great Lakes REALTORS® MLS

APN: 001-181-002-00